June 22, 2012
Estes Express Lines Ranked 12th Largest Trucking Company in U.S.
RICHMOND, Va.—Estes Express Lines is ranked as the 12th largest trucking company and seventh largest less-than-truckload (LTL) operator in the United States in the 2011 listing of the nation’s top 50 trucking companies.
The annual list was published in the industry magazines, Journal of Commerce, April 30, 2012, and Logistics Management, April 2012, using data compiled by SJ Consulting Group, a leading transportation and logistics analyst firm.
Estes Express Lines was highlighted as the largest privately owned LTL carrier among the top 50 trucking companies as well as one of nine carriers with $1 billion to $2 billion in trucking revenue.
Data provided by SJ Consulting Group shows a steady recovery in the trucking industry during the past two years. While 2010 was a strong year for the top 50 companies with 9.3 percent combined revenue growth, 2011 was a banner year with 11.6 percent growth. By comparison, Estes increased its revenue 15.1 percent in 2011 over 2010.
The strong 2011 showing for the top 50 trucking companies is attributed to successfully balancing costs, pricing and capacity to achieve sustainable profitability and revenue growth.
Rob Estes, the company’s president and CEO adds two additional factors for Estes’ success: integrating technology to improve efficiency and an unwavering commitment to outstanding customer service.
“The recession taught us to dig deeper, work smarter and seek efficiencies in every facet of our operation, resulting in an even stronger, fitter organization today than we were in 2009,” said Estes. “But, most importantly, our success is based on the fact that taking care of the customer is always our highest priority.”
Richmond, VA-based Estes is a full-service freight transportation provider offering a full range of shipping solutions including LTL, Time Critical, Volume & Truckload, Global and Custom Solutions. Founded in 1931 by W.W. Estes and still owned by the Estes family, the company has grown from a small, local carrier into one of the most respected total-solutions providers in the industry.