CHANDLER, Ariz., Dec. 11, 2017 (GLOBE NEWSWIRE) — OnTrac, a logistics company specializing in delivery services in the Western United States, received the high honor as the 12th Fastest Growing Company as well as the 12th Ranked Privately Held Company. Both distinctions were part of the annual Arizona Corporate Excellence (ACE) awards put on by the Phoenix Business Journal. The recognition event took place on Thursday, November 2, 2017 at the Scottsdale Center for the Arts. The event brought together the largest private companies in Arizona that together generate revenues of over $15 billion per year, employ over 40,000 employees throughout the state, and over 56,000 employees worldwide.
The ACE awards is a nomination-based program that ranks by 2016 revenue and further company information such as the number of local and companywide employees, a company profile, professional bio for the top local executive and the year that company was founded locally. Based on this information along with company interviews and further research by accounting firm CliftonLarsonAllen, the top private companies list is created. The goal of the ACE awards is to develop a sense of knowledge-sharing and community among private companies in Arizona and provide a means for executives at all levels to expand their professional networks.
In additional to receiving recognition at the 2017 ACE awards, OnTrac has received two additional awards this fall. Transport Topics ranks the 100 largest for-hire carriers in North America, which OnTrac ranked number 5 among the top package/courier carriers and tied for number 56 for all sectors. Companies operating in the United States and Canada are ranked on the basis of annual revenue. Additionally, OnTrac was ranked as 41 at the 2017 Chandler 100 event, which ranks the top 100 business located in Chandler, Arizona.