LIMA, PA – August 1, 2018 – Pilot Freight Services (Pilot), a worldwide provider of transportation and logistics services, announces record-breaking Q2 2018 revenues of $188.6 million. Coming on the heels of the recent strategic acquisition of Manna Freight Systems, the company reports year-to-date revenues of $353.9 million. Pilot anticipates e-commerce delivery in the H3D category will account for at least 30 percent of overall business as a result of enhanced capabilities, leading to a forecasted year-end revenue of approximately $800 million.
Pilot is demonstrating diversified gains across all categories with 21.2 percent revenue growth to date this year and is up nearly 22 percent in Q2 2018 when compared to the same quarter last year. Further indicators of the company’s growth include over one million shipments so far in 2018 and moving over 532.6 million pounds of freight, which is a 12 percent increase over last quarter.
“For the third quarter in a row, every Pilot product line saw over 20 percent growth,” says John Hill, president and chief commercial officer. “Home delivery and e-commerce offerings will continue to be a focus as we integrate last-mile-only solutions to complement our existing full-mile service offering to current and new clients.”
Pilot is committed to offering full-service customized solutions to customers and brings decades of knowledge and resources to business-to-business freight, global transportation, logistics solutions and e-commerce delivery. Investments in new technology solutions to seamlessly integrate and automate platforms while increasing transparency and efficiencies will advance the company’s aggressive growth strategy.