San Francisco, CA, October 18, 2010 --(PR.com
)-- El Camino Trailways, San Francisco based motorcoach service provider with operations in California and Nevada, announced today it has, for the fourth year in a row, been named one of the Top 100 Fastest Growing Transportation Services Companies by Inc. magazine in their annual survey of privately held companies all across the United States.
For four consecutive years – 2006, 2007, 2008 and 2009 - El Camino has been recognized for its extraordinary growth - more than 30% compounded annual growth rate - achieved during each of the past four years, while the industry’s overall, annual growth rate was negative in 2008 and 2009. The company’s growth has also achieved it prominent position on Inc. Magazine’s Top-5000 Fastest Growing Private Companies in America.
Founded in 1962, El Camino Trailways is one of the most well-known and established motorcoach operators in the San Francisco Bay Area. The company was acquired by a Silicon Valley based Investor Group in 2005 and since then has experienced dramatic growth. In 2008, El Camino acquired a Nevada-based motorcoach operator to help extend its reach into the Reno-Tahoe market and cover a broad foot-print from San Francisco Bay Area to Reno-Tahoe and cover the San Francisco – Sacramento – Reno-Tahoe corridor. This acquisition also enabled the company to add winter skiing / snowboarding charter services business to its broad array of Charter and Contract services it provides to Schools, Universities, Government Agencies, Corporations, Receptive Tour Operators and Student and Youth Travel Association (SYTA) operators.
“We are proud of our achievements over the past five years and delighted with the recognition bestowed upon us four years in a row by the Inc. magazine,” said Kumar Shah, President & CEO of El Camino Trailways. “With our accelerated growth over the past four years, we not only had the distinction of being on the Top-5000 Fastest Growing Companies List, but also moved up the ranks - #2,905 in 2007 to #2,585 in 2008 to #1,485 in 2009; we also achieved the #1 rank among motor coach companies in the Top-100 list for 2008 and 2009.”
“With this accomplishment, El Camino Trailways joins the rarified company of enterprises who have appeared on the list multiple times,” said Jane Berentson, Editor-in-Chief, Inc. magazine. “Your success – all the more extraordinary given the recent economic climate – is truly worth celebrating.”
The Top-100 Fastest Growing Transportation Services Company award and Top-5000 Fastest Growing Companies in the United States award were handed out at the 29th Annual Inc. 500/5000 Conference and Awards Ceremony held in Washington, D.C. on October 2nd, 2010.
El Camino Trailways is a member of the Trailways Transportation System (Trailways), which is the oldest North American motor coach system comprised of independent, privately-owned motorcoach companies with an enviable reputation for providing safety, security, quality, reliability, and value for services provided. The network offers a choice of transportation solutions and services including: corporate, private charter, school and military moves, contract services, sightseeing, tours, and travel planning to a customer base drawn from throughout North America and parts of Europe.
About El Camino Trailways
Headquartered in South San Francisco, California and with bases of operations in San Francisco, Silicon Valley, South Lake Tahoe, Truckee and Carson City, Nevada El Camino Trailways provides charters for Tour and Travel, Corporate events, Conventions and Meetings, Private Groups and Schools & Universities to destinations in California, Nevada, Washington, Oregon, Arizona, Colorado, Utah and other Western States. The company's interactive Website at www.elcaminotrailways.com serves as a convenient portal for travel groups and group travel planners. Established in 1962, El Camino Trailways is one of the most established and one of the largest Motor-coach operators in California and Nevada, and a member of the Trailways organization. The Company was named Top-100 Transportation Service Company and Top-5000 Fastest Growing Companies in the US by Inc. magazine for four consecutive years – 2006, 2007, 2008 and 2009. The Company was also named the Top-100 Fastest Growing Private Companies in the San Francisco Bay Area by the San Francisco Business Times in 2008 and 2009.