Radiant Logistics acquires Foundation Logistics & Services

Deal adds expertise in oil and gas industry

Radiant said part of the purchase price will be paid based on future performance. (Photo: Jim Allen/FreightWaves)

Radiant Logistics said it has acquired transportation and logistics provider Foundation Logistics & Services.

Humble, Texas-based Foundation is a 10-year-old logistics services provider to companies focused on the exploration, drilling and production of oil and gas. It specializes in the global transport of hazardous materials, explosives and oilfield equipment.

Financial terms of the transaction were not disclosed, but like other acquisitions Radiant (NYSE: RLGT) has made, a portion of the purchase price will be paid based on future performance of the acquired entity.

Foundation will continue to be operated by its founders, Larry Earley and Cindy Jones. The company will transition and operate under the Radiant banner at some point next year.

“We were looking for a long-term partner with that same passion for servicing the customer and a shared vision to further advance our business, while also providing an opportunity for growth for our employees,” Earley said in a news release.

Renton, Washington-based Radiant acquired time-critical logistics provider Cascade Transportation in June.

More FreightWaves articles by Todd Maiden

Upcoming FreightWaves Events
Fraud & Security

Freight Fraud Symposium

Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.

May 20, 2026
Rock & Roll Hall of Fame • Cleveland, OH
Register Now
AI & Technology

Supply Chain AI Symposium

Past the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.

July 15, 2026
The Old Post Office • Chicago, IL
Register Now
Rail & Policy

Future of Rail Symposium

Reshoring is rewriting freight demand. Join shippers, rail executives, and government officials to shape the next decade.

July 28, 2026
The Signal at Chattanooga Choo Choo • Chattanooga, TN
Register Now
Fraud & Security Freight Fraud Symposium May 20 • Cleveland, OH

Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.

Rock & Roll Hall of Fame • Cleveland, OH Register Now
AI & Technology Supply Chain AI Symposium Jul 15 • Chicago, IL

Past the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.

The Old Post Office • Chicago, IL Register Now
Rail & Policy Future of Rail Symposium Jul 28 • Chattanooga, TN

Reshoring is rewriting freight demand. Join shippers, rail executives, and government officials to shape the next decade.

The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now

Todd Maiden

Based in Richmond, VA, Todd is the finance editor at FreightWaves. Prior to joining FreightWaves, he covered the TLs, LTLs, railroads and brokers for RBC Capital Markets and BB&T Capital Markets. Todd began his career in banking and finance before moving over to transportation equity research where he provided stock recommendations for publicly traded transportation companies.