Pinnacle Freight Named to Inc. 5000 List of Fastest Growing Companies
EDISON, NJ, September 11, 2014 – Pinnacle Freight Systems, today announced that it has been named to the 2014 Inc. 5000, an exclusive ranking of the fastest-growing private companies in the nation. Making its first appearance on the list at number 1192, Pinnacle Freight now shares this distinction with such previous honorees as Microsoft, Timberland, Zappos, Jamba Juice, and Intuit.
“I am honored to be among the group of companies included in the Inc. 5000,” said Michael Ravallo, Pinnacle Freight Systems President and CEO. “And I am especially proud of our employees whose hard work is ultimately responsible for the recognition and success we have achieved so far. The growth that we have seen over the last few years is a result of the business model that we have and the managers that are leading the way. We all share a commitment to building an organization that is exciting and fun to work for and at the same time provides optimal value for our customers.”
Inc. Magazine ranks each company according to percentage revenue growth from 2010 to 2013. During that period, Pinnacle Freight increased its revenue by 368 percent. They control this rapid growth by using a blended approach to freight transportation which increases capacity and allows them to remain asset lite. In 2013 it was named among New Jersey’s 50 Fastest Growing Companies.
To achieve this level of growth in an industry increasingly challenged by the costs of diesel fuel, insurance, and equipment, a shrinking driver pool and regulatory obstacles requires innovative practices and the highest standards in customer care and employee relations. Known among its customers for its special expertise in time and temperature-sensitive transportation of pharmaceutical and food-grade goods throughout the United and States and Canada, Pinnacle Freight is held in equally high regard by those who comprise the backbone of the ground freight industry. “We offer top-of-the-market pay to drivers in hopes of attracting the best,” said Ravallo. “Our drivers are very important to our success and we believe that those who have proven themselves to be a cut above the rest should be rewarded.”
2014 Inc. 5000 winners will be honored at the 33rd Annual Inc. 500|5000 Conference and Awards Ceremony on October 15 – 17 in Phoenix. To see the full list of winners, please visit http://www.inc.com/inc5000/list.
About Pinnacle Freight Systems
Pinnacle Freight is an asset-based transportation provider offering full truckload and less than truckload service throughout the United States and Canada. Through a network of company trucks, agencies and contracted carriers we provide solutions for shippers needing truckload capacity, temperature control, haz-mat and expedited transport. For more information please visit http://www.pinnacletruck.com or call 866-515-9505.