Greatwide Logistic Services Ranks 24th Among Largest Private Companies in Dallas Fort Worth Area

 

Revenue up 196 percent over year ago

DALLAS ( June 9, 2006 ) - Greatwide Logistics Services Inc. has been ranked as the 24th largest private company in the Dallas / Fort Worth area. The ranking, listed in the annual Dallas Morning News “Top 200 Companies” special section, showed Greatwide having the biggest revenue increase on the list - more than 196 percent - bumping it up 11 notches from 2004.

 

“I am extremely proud of this recognition and what it represents for our employees, clients and shareholders.  We continue to exceed budget in several areas and have strategies in place to close the gap where we have opportunities,” said Ray Greer, president of Greatwide Logistic Services.  “This type of recognition reinforces that we are accomplishing our goals”

 

According to The Dallas Morning News report, the top 200 private companies on the list, if held publicly, would have had enough revenue in 2005 to earn a spot on the D/FW “Top 200 Companies.” The No. 1 privately held company had revenue of $3.83 billion. The company at 200 had revenue of $30 million.

 

About Greatwide Logistics Services

Based in Dallas , Texas , Greatwide Logistics Services was formed in 2000 and has since acquired nine major truckload transportation and warehouse distribution companies. With clients that include Wal-Mart, Target, IBM, Sysco, UPS, Dow, Ford Motor, GM and General Tire, Greatwide Logistics Services is one of the nation’s leading non-asset-based providers of transportation, third-party logistics, warehouse/distribution and truckload brokerage services. For more information, visit www.greatwide.com.