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Tuesday, July 27, 2010

The Philadelphia Inquirer highlights Pilot's Q2 growth

As you know, last week we announced some impressive revenue growth for the second quarter. The news caught the eye of Philadelphia Inquirer business columnist Joe DiStefano, who spoke with Richard Phillips and John Hill for his article, "Despite economy: Pilot Freight is growing."

Richard talked to DiStefano about how Pilot was able to not only survive, but thrive, by hiring throughout the recession and taking the opportunity to add talent and market share. He also noted Pilot's size, which is "big enough to handle heavy equipment but small enough to fill special orders ... and still make money."

DiStefano reports that Pilot's revenue growth was double the increase reported by FedEx's U.S. freight business for the same time period. And in a subsequent post on the PhillyDeals blog, he notes that while Pilot saw a 25 percent increase in the number of shipments in Q2 over the same quarter in 2009, UPS and FedEx only saw 2 percent and 1 percent rises, respectively.

To read more, flip over the full story on The Inquirer's website.