Radiant Logistics Acquires Majority Stake in Weport, Mexican Transportation Company

Reported about 14 hours ago

Radiant Logistics has acquired an 80% stake in the Mexico City-based transportation firm Weport, known for its ocean and airfreight forwarding services, as well as customs brokerage and warehousing. The financial details were not disclosed, but the purchase price will be linked to Weport's future financial performance. Weport will continue to operate independently but will adopt the Radiant name next year, enhancing Radiant's network and capabilities in Mexico.

Source: YAHOO

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