Analysis: Radiant shows an aggressive M&A strategy that has its down side

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Senior executives wondering what could be next in the logistics industry ought to pay attention to the very aggressive strategy of Radiant Logistics, a US-based freight forwarder with a $220m market cap.

Radiant is growing by mopping up smaller assets under the leadership of Bohn Crain, its chief executive and founder. A finance man, Mr Crain is showing an appetite for big risks, although it remains unclear whether the reward will be worth the possible pain.

And by this I mean that ...