ROAD TO RECOVERY? Three Operators Get Better Nos.

Posted on April 28, 2010 by LCT Magazine

UP AND UP: The surest signs of a recovery do not come from statistics, but rather the every day anecdotes conveyed word of mouth.
 
TORRANCE, Calif. — LCT Magazine recently heard from four key industry players on how they are faring financially. While not a scientific or statistical conclusion, such reports are becoming more common as an uncertain economic recovery forges ahead.
 
  • WINDY CITY LIMOUSINE of Chicago reported that January 2010 was 34% ahead of January 2009. February was 80% ahead of February 2009, and March was 96% ahead of March 2009. Overall, its first quarter of gross revenue for 2010 was $2,429,781, compared to $1,441,861.20 in 1Q 2009.
 
  • RED BANK LIMO in Red Bank, N.J., a 2010 LCT Operator Of The Year winner, reports a 35% increase in sales through April 15, compared to the same period in 2009. The six-vehicle operator also has added a few employees to its 12-member staff.
 
  • ETS INTERNATIONAL of Quincy, Mass. also a 2010 LCT Operator Of The Year winner, saw its revenues grow 62% in 2009. While many companies experienced hiring freezes and layoffs last year, ETS International continued to strategically add to staff significantly, maintained a 401k match, and rewarded employees based on their performance, said ETS president John M. Greene.
 Source: Martin Romjue, LCT Magazine
View comments or post a comment on this story. (0 Comments)

More LCT Blog Blog Posts

March 8, 2017

Immigration Issues Can Hit Limo Operators

Illegal or not, immigrants in one California region spend hard-earned money on renting stretch limousines.

March 1, 2017

Did The Dent Fairy Come To Visit You?

Unlike the tooth fairy and baby teeth, the dent fairy never runs out of vehicles.

February 15, 2017

My Unofficial International LCT Show Agenda

The suite parties, charity fundraisers, and off-the-grid get togethers round out a complete global industry trade show.

February 14, 2017

How To Practice Common Sense Customer Service

It's one of the most important and difficult qualities to hire for, since it emerges in unexpected situations on the job.

February 1, 2017

3 Big Fouls From My First Uber Rides

Operators don't have much to worry about if TNC drivers keep acting like this.

See More

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blog

See More

LCT Store

LCT Magazine - March 2017 $12.95 INT'L LCT SHOW ISSUE COVER STORY: * Innovate or Die: Show To Be a Business "Disrupter" * *
LCT Magazine - February 2017 $12.95 NEW MODELS ISSUE COVER STORY: * Fleet Vehicles Preview * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close