Bellevue, WA (PRWEB) April 23, 2010
Today Red Arrow Logistics was honored as one of Women President’s Organization’s (WPO) 50 Fastest™ growing women-owned/led companies in North America. To be eligible for the ranking, businesses are required to be privately held, woman-owned/led companies in the U.S. or Canada and have reached revenue of at least $500,000 by the first week of 2005 and $2 million in 2009. According to Red Arrow Logistics’ CEO, Liz Lasater, the Company grew 32% in the 2009 recession. In 2010, the Company is expanding in the U.S., opening additional offices to meet its clients’ needs and establishing operations in Asia.
The WPO is the premier peer advisory organization for women presidents who have guided their businesses to at least $2 million in gross annual sales or $1 million for a service-based business. With over 1,400 members and 84 chapters located internationally, the WPO has experienced rapid growth since its inception. Last year the 50 Fastest™ generated a combined $3.6 billion in 2007 sales alone and proved stability in an ever changing economy.
Since 2003, Red Arrow Logistics has provided logistics and transportation services and expertise to Fortune 100 companies and others with fast growing, complex and high value supply chains in the technology, military, food & beverage, consumer products and renewable energy sectors, working in both the international and domestic arenas. For five years, the company’s average annual sales growth has been 2437%.
Lasater is delighted with the recognition, having built a transportation and logistics company at a time when retail sales, manufacturing and inventory at the lowest levels in decades. “Much of our success has been attributed by our go-to-market strategy which diversified our business into six market sectors where the economic downturn had the least impact,” Lasater said. “Based on customer feedback, service reliability, invoice accuracy and ease of doing business with us are the attributes that have enabled us to attract some of the hottest companies in the market.”
This week, Red Arrow is also being honored as one of the Top 50 Women Owned Businesses in Washington by DiversityBusiness.com at a gala in Washington, D.C.
About Red Arrow Logistics
Headquartered in Bellevue, Washington, Red Arrow Logistics provides logistics and transportation services and expertise to Fortune 100 companies and others with fast growing, complex and high value supply chains. Headquartered in Seattle, WA, Red Arrow has deep experience and knowledge of the intricate and time sensitive supply chains in the technology, military, food & beverage, consumer products and renewable energy sectors, working in both the international and domestic arenas.
With over 5000 regional and national carriers, Red Arrow offers scale and the scope of services to meet the budget and schedule requirements of the largest and smallest companies alike, throughout the U.S., Canada and Mexico.
A certified Woman-owned Small Business Enterprise (WBE/DBE), Red Arrow Logistics has been named among the Top 10 Woman-Owned Companies in the state of Washington and a Top 500 Small Business in America by Diversity Magazine. In 1997, Red Arrow achieved a 95% customer satisfaction rating from Open Ratings, a Dun and Bradstreet Subsidiary.
About the Women Presidents’ Organization
The Women Presidents’ Organization (WPO) is the premier peer advisory organization which internationally connects top women entrepreneurs at the multimillion-dollar level ($2 million in gross annual sales or $1 million for service-based business) for greater professional success. In monthly meetings across four continents, chapters composed of 20 accomplished women presidents from diverse industries and backgrounds invest time and energy in themselves and their businesses to drive their corporations to the next level. For more information, call 212-688-4114 or visit http://www.womenpresidentsorg.com.
Ivy Cohen Corporate Communications, Inc.