BELLEVUE, WA, March 29, 2010 Radiant Logistics, Inc. (OTC BB: RLGT), a domestic and international freight forwarding and logistics services company, today reported that it had amended and extended its secured credit facility with Bank of America, N.A. (the `Facility`).

The Facility has been extended to March 31, 2012. As amended and including availability for Company letters of credit, the Facility has been increased from $15 million to $20 million. In addition, the Company`s financial covenants have been modified to increase allowable advances from 3.25x to 4.0x the Company`s consolidated EBITDA (earnings before interest, taxes, depreciation and amortization) as measured on a rolling four quarter basis. Advances under the Facility are available to fund future acquisitions, capital expenditures or for other corporate purposes, including the repurchase of the Company`s stock. The Facility is collateralized by accounts receivable and other assets of the Company and its subsidiaries and provides for advances of up to 80% of eligible domestic accounts receivable and for advances of up to 60% of eligible foreign accounts receivable. READ MORE...