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Delayed · 12:42 UK

Pilot Freight Services announces record-setting USD 591.3m in revenue for 2016

Pilot Freight Services closed 2016 with record revenue of USD 591.3m, a 4.5% increase from its 2015 revenue of USD 565m, the company said.

Pilot handled a record 1.6 million shipments in 2016, an increase of 16.1% over the prior year. Shipments in the e-commerce/home delivery arena, accounted for USD 172.1m of the year´s total. This topped the previous year by 39.6%, and comprised nearly 30% of the company´s overall revenue.

December 2016 was the company´s most successful month in its 45-year history, with monthly revenue totaling USD 57.2m, a 6.65% increase from the same month in 2015.

Pilot´s logistics programs offer a complete line of expedited and time-definite services, international shipping solutions, product warehousing, and inventory management. Its online shipment navigator, CoPilot, makes online shipping fast, convenient, and secure.

Pilot Freight Services is a full-service transportation and logistics provider with over 75 locations throughout North America and Western Europe. The company´s freight forwarding services encompasses every mode of transportation, including air, ground and ocean, serving all corners of the globe.

Published by Financial News