Radiant Logistics Acquires 80% Stake in Weport, Strengthens North America Platform

Radiant Logistics has acquired an 80% ownership stake in Mexico-based Weport, a privately held company providing global transportation and logistics solutions. The acquisition strengthens Radiant's North America platform and positions for further growth. Weport will continue under the leadership of founder Ricardo Rochman, with plans to transition to the Radiant brand in 2026. The remaining 20% stake in the business can be purchased in the future.

Radiant Logistics (NYSE American: RLGT) has announced the acquisition of an 80% ownership stake in Weport, a Mexico-based global transportation and logistics solutions provider. The acquisition aims to strengthen Radiant's North American platform and position the company for further growth.

Founded in 2016, Weport offers comprehensive services including international ocean and airfreight forwarding, multi-modal domestic services, customs brokerage, and warehousing. The acquisition structure includes performance-based payments and the right to acquire the remaining 20% stake in the future. Weport will continue operating under founder Ricardo Rochman's leadership and plans to transition to the Radiant brand during 2026. The strategic move enhances Radiant's capabilities in Mexico and expands its North American footprint.

The acquisition follows Radiant's established acquisition model, with part of the purchase price contingent on future performance. Weport's established customer base and infrastructure in Mexico provide immediate market presence and regulatory expertise, which are critical in cross-border logistics. This deal aligns with industry consolidation trends, where larger logistics providers expand geographic coverage and service capabilities through strategic acquisitions.

Radiant Logistics' acquisition of Weport creates several strategic advantages. Firstly, it enhances service capabilities for Radiant's existing customers requiring Mexico logistics. Secondly, it provides access to Weport's established customer base. Lastly, it creates a platform for further North American expansion. Operationally, Weport will maintain leadership continuity with founder Ricardo Rochman remaining at the helm while reporting to Radiant's SVP of International Services. The company will transition to the Radiant brand during 2026.

This acquisition demonstrates Radiant Logistics' commitment to strategic growth and expansion. The deal aligns with the company's stated goal of finding "the right next transaction to complement the Radiant network and solidify our capabilities in Mexico." The acquisition also underscores the importance of strategic acquisitions in the logistics industry, where companies seek to expand geographic coverage and service capabilities to remain competitive in a complex international trade environment.

[1] https://www.stocktitan.net/news/RLGT/radiant-logistics-acquires-80-ownership-stake-in-mexico-based-qusljdq0i299.html
[2] https://www.prnewswire.com/news-releases/rk-logistics-group-helps-domestic-manufacturers-achieve-up-to-90-reduction-in-tariff-costs-through-foreign-trade-zone-programs-302544185.html