CHANDLER, Ariz., Nov. 15, 2016 (GLOBE NEWSWIRE) -- OnTrac, a logistics company specializing in contracting regional shipping services in the Western United States, received multiple awards at the Arizona Corporate Excellence event hosted by the Phoenix Business Journal on Wednesday, November 2nd at the Scottsdale Center for the Arts. Phoenix Business Journal Editor in Chief Ilana Lowery and CliftonLarsonAllen LLP Managing Principal of the Phoenix Office Chad Kunze presented OnTrac with the distinguishable honor of the 8th Fastest Growing Company and the 11th ranked Privately Held Company. The event brought together 300 business leaders from the top 25 fastest growing companies and the top 50 privately held companies within the state of Arizona among numerous business sectors, like transportation, construction, technology and health care.
Photos accompanying this announcement are available at:
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OnTrac is showing tremendous growth year-over-year not only in Arizona, but throughout the eight-state footprint. During the past year, OnTrac has added 1.1 million square feet of additional warehouse space. Arizona attributes to 278,000 additional square feet of the total company growth. Proving to be a mecca for ecommerce warehouses and booming food delivery companies, Arizona is also a strong market for OnTrac ground and sunrise delivery. Earlier this year, OnTrac opened a new facility in Tucson to expand overnight delivery capabilities to Southern Arizona customers. Currently, OnTrac is preparing for the opening of a second facility in Phoenix in the New Year to cover quick deliveries to the western side of the state.
Company growth was a large part of the criteria used for the Fastest Growing Company. A growth score formula is used, which is based on absolute dollar revenue growth as well as percentage revenue growth over a two-year period. The criteria used for the Fastest Growing Company and the top Privately Held Company was based on FYE 2015 revenue. The ACE awards focus on developing a sense of knowledge-sharing and community among private companies in Arizona and provide a means for executives at all levels to expand their networks.
CliftonLarsonAllen LLP Managing Principal of the Phoenix Office Chad Kunze said, “To find the top companies in Arizona for the Arizona Corporate Excellence (ACE) awards is a very involved five-month process. The various sponsors of the ACE Awards focus our attention on getting to know the companies, their business strategies, and plans for the future. It’s a very exciting program to be a part of and to see the successes of each company year after year. The concluding awards event is a fun way to celebrate the companies and to bring Arizona’s finest together for one night.”
All photography was taken by Jim Poulin of the Phoenix Business Journal.
About OnTrac
OnTrac is a parcel logistics company with operations throughout the Western United States, arranging overnight delivery at ground rates to more than 60 million consumers. OnTrac was founded in 1991, and has grown to become a top choice for e-commerce and companies looking to speed up delivery without the cost of express shipping. In 2014, OnTrac launched DirectPost, and became the first regional carrier to offer a USPS Package Consolidation Service. OnTrac is a SmartWay Transport Partner, a USPS Workshare Partner, and is integrated with over thirty different multi-carrier software providers. OnTrac is comprised of three divisions based on service offerings; overnight, messenger, and international. For more information on overnight services, call 800.334.5000 or visit ontrac.com. For more information on messenger services, call 888.334.5001 or visit ontracmessenger.com. For more information on international services, call 800.628.4868 or visit ontracinternational.com.