Stonier reports 1Q revenue growth

Stonier Transportation Group said its revenues grew to over $12 million in the first quarter of 2002, a 25% increase over the same period last year. President & COO Thomas Piatak said expanded service offerings by the third-party logistics provider and freight forwarder is the reason its revenues have increased. The company launched the Stonier Rail Connection in February. By partnering with major

Stonier Transportation Group said its revenues grew to over $12 million in the first quarter of 2002, a 25% increase over the same period last year.

President & COO Thomas Piatak said expanded service offerings by the third-party logistics provider and freight forwarder is the reason its revenues have increased.

The company launched the Stonier Rail Connection in February. By partnering with major Class I railroads and targeting traffic that currently moves over the road, Jacksonville, FL-based Stonier has handled more than 300 new loads for shippers who were previously using just truck transportation, Piatak said.

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