Texas Operator Grows Big In Inner City

Posted on May 26, 2010 by LCT Staff - Also by this author - About the author

ABOUT PHOTO: Arthur Veytsman, vice president of operations at 360Limo, and Mark Shrayber, President of 360Limo.

SUMMARY: 360Limo makes the Bloomberg BusinessWeek list for its commitment to downtown and its growth since 2001.

DALLAS — 360LIMO has been named one of the top 100 fastest-growing inner city companies in America by Bloomberg BusinessWeek magazine and the Initiative for a Competitive Inner City (ICIC.)

Dallas-based 360Limo is ranked 56 on this year’s Inner City 100 — an annual list that recognizes successful inner city companies and their CEOs for entrepreneurship, innovative business practices, and job creation. The winners are determined based on revenue growth over a five-year period.

“We are delighted to celebrate businesses like 360Limo that are playing a critical role in revitalizing America’s urban communities,” said CEO Mary Kay Leonard of ICIC, a Boston-based non-profit organization. “Through their achievements, the winning companies exemplify America’s remarkable potential and the road to future economic recovery.”

ICIC began the Inner City 100 in 1999 in an effort to change public perception about inner city business. It highlights the importance of creating healthy urban economies to create strong inner cities. During the last 12 years, the 607 companies that have made the list have generated more than $27.2 billion in revenues and nearly 72,000 new jobs, according to ICIC.

360Limo was nominated for the list by the City of Dallas Office of Economic Development, to recognize the company as a “fast-growing, successful, innovative company that is committed to downtown.” With 46 employees and more than $6 million in revenue, 360Limo has come a long way since it opened in 2001 — just six days before the Sept. 11, 2001 terrorist attacks, recalls company CEO Mark Shrayber.

“I remember my business partner and I sitting in our first, very small office, facing each other, realizing that the world just changed forever,” Shrayber said. “We thought if we can make it through this, we can make it through anything.”

The list of this year’s Inner City 100 winners will be published in the May issue of BusinessWeek. The winners attended the Inner City 100 Summit in Boston. The two-day event, held May 5-6, featured seminars at Harvard Business School and an awards dinner that drew more than 800 guests.

Source: 360 Limo Inc.

View comments or post a comment on this story. (0 Comments)

More News

Reston Limousine Hires New Marketing Manager

Anna Wilkinson will spearhead several new projects to grow the Washington, D.C.-area company's outreach and public profile.

BusCon 2017 Has Plenty To Offer Limo And Bus Operators

If you're running a chauffeured transportation or motorcoach service, then you'll find more helpful resources at this year's expo.

Nominate Now (Yourself?) For People's Choice Awards

The awards at LCT East is your chance to be recognized by the industry for being an innovator, entrepreneur, or humanitarian.

Operators Air Out A List Of Leading Concerns

The Greater California Livery Association deployed a new format that got members talking about challenges and problems.

Lindsey Limousine Wins “Best Limousine Company”

The growing Hartford, Conn. operation scores No. 1 on two noteworthy local business lists.

See More News

Facebook Comments ()

Comments (0)

Post a Comment



See More

LCT Store

LCT Magazine - July 2017 $12.95 COVER STORY: * Why These Titans Work So Hard to Give it Away * *


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


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