Global News Select

Radiant Logistics Shares Rise on USAID Contract

By Mark R. Long

 

Radiant Logistics shares rose after the company said the U.S. Agency for International Development named it a global transportation provider for personnel and disaster equipment.

Shares of the Renton, Wash., company were up 6.5% at $6.40 in Wednesday's after-hours trading, after closing up 1.7%.

Terms of the five-year contract between the Renton, Wash., company and USAID's Bureau of Humanitarian Assistance weren't disclosed. Radiant Logistics will transport personnel, disaster gear, packs, cargo and service animals.

 

Write to Mark R. Long at mark.long@wsj.com

 

(END) Dow Jones Newswires

August 21, 2024 19:44 ET (23:44 GMT)

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