News / B2B boost drives record year and soaring profits for Pilot Freight Services

An upturn in B2B  volumes helped Pilot Freight Services post record-breaking revenue of almost $800m last year, an increase of 24.8%.

The US-based forwarder said growth in e-commerce business, as well as accretive revenue from acquisitions, had also aided its results.

Chief commercial officer John Hill explained: “In 2018, we saw international product achieve strong growth and key acquisitions help expand our e-commerce and logistics business.

“Our focus for 2019 will be continued growth in e-commerce, domestic B2B, truckload brokerage and bolstering technology ...