For the past 27 years, Logistics Management magazine has conducted an industry-wide survey to determine the best providers of transportation services and logistics. Once again, Ruan was recognized by its peers in the survey and won the Quest for Quality award in the Bulk Motor Carriers category. Ruan will receive the award in September during a reception at the annual Council of Supply Chain Management Professionals (CSCMP) conference in San Diego. All of the Quest for Quality award winners were published in the August issue of Logistics Management. Additionally, Ruan made Logistics Management magazine's list of the top 25 truckload carrier 2009 revenues (including fuel surcharges). The company landed the number 11 spot with revenue of $584 million.
For the third year in a row, Ruan earned the number four spot in Bulk Transporter magazine's Gross Revenue Volume Report for tank carriers. Since the American Trucking Associations' For-Hire Truck Tonnage Index for 2009 was down 8.7 percent, three quarters of the 62 carriers that participated in the report posted declining revenues from 2008 to 2009, but Ruan retained its number four spot. All of the top 10 carriers reported lower revenues, and almost all of them had deteriorated operating ratios. The top 10 revenues combined totaled $2.98 billion, down from $3.7 billion in 2008. One area of improvement from 2008 to 2009 came in tractor revenue, a measure of productivity. The 2009 average was $241,797, up significantly from $219,092 in 2008. To read the full article on the report, visit here.
Food Logistics magazine named Ruan one of 85 top 3PLs that are helping food, beverage and CPG companies gain a competitive logistical advantage throughout the supply chain. Announced in Food Logistics' July/August issue, the 85 companies, which are not ranked, offer a broad scope of services and capabilities that enable food companies to reduce costs, increase flexibility and improve service levels. "Food distribution is a very complex business, and 3PLs play a crucial role in the supply chain," said Katherine Doherty, editor-in-chief of Food Logistics magazine. "While most 3PLs have felt the effects of the economic downturn, the top 85 continue to respond to their customers' needs and rise to the logistical challenges that today's food organizations face."
Ruan again demonstrated year-to-year growth in Transport Topics' Top 100 For-Hire Carriers list for 2010 as it climbed from the number 31 spot in 2009 to number 30 this year. The carriers were assessed in categories such as revenue, revenue growth, number of employees, fleet size and services provided. Transport Topics also ranks the top for-hire carriers by sector, and Ruan was awarded the number four spot in dedicated contract carriage and the number four spot in the tank/bulk sector. Transport Topics echoed the report of Bulk Transporter that revenues declined sharply in 2009 - most of the top 100 for-hire carriers reported declining revenue. However, since these revenues were reported, the economy has seen some recovery and the trucking industry has seen an increasing demand for freight.
Ruan also landed in Inbound Logistics magazine's unranked list of the Top 100 3PL Providers. Inbound Logistics editors evaluated surveys, spoke with companies and customers, and researched online to narrow the pool of 300 companies down to the top 100 3PL providers. The companies were assessed on logistics services and capabilities, geographic coverage and revenue generated from logistics activities. "Cutting transport costs is always important, but Inbound Logistics readers say great 3PL relationships are built not just on cost savings but on consistent customer service. Readers tell us they are required to meet more stringent levels of supply chain performance to keep their customers satisfied. Clearly, customer service is fundamental in measuring 3PL excellence. Ruan provides that level of customer service and that is why it has been recognized by Inbound Logistics editors as a 2010 top 100 3PL provider" said Felecia Stratton, editor of Inbound Logistics. The complete list is published in the July issue of Inbound Logistics and online here.
Ruan also made its inaugural appearance in the 17th annual Waste Age 100, a ranking of the top 100 North American refuse firms operating in the private sector based on previous year's income. Ruan took the 98th spot on the list.