FREMONT, CA - OCTOBER 24, 2019 - RK Logistics Group, a leading Silicon Valley provider of logistics and supply chain services to manufacturing and retail businesses, announced today that it has been named by the San Francisco Business Times to its annual Fastest Growing Private Companies in the Bay Area list, an exclusive ranking of the region's fastest growing private companies; one of the most important segments of the local economy.
The companies on this year's list ranked between 28 percent and 1,983.7 percent growth. Companies are ranked by percentage of revenue growth increase between 2016 and 2018. They were required to have at least $200,000 in revenue in 2016 and must be privately held and headquartered in the counties covered by the Business Times (San Francisco, Alameda, San Mateo, Contra Costa & Marin).
The winners were unveiled at an awards gala last week at the San Francisco Four Seasons Hotel.
A privately held minority business enterprise, Fremont-based RK Logistics Group is a family-owned local company with over 200 employees providing a variety of specialized third-party logistics services for manufacturing, industrial and retail consumer products companies, including transportation services, freight brokerage, warehousing and inventory management, and e-commerce fulfillment.
The company operates nine warehousing centers in the greater Bay Area representing more than 500,000 square feet of commercial distribution space for inventory staging, just-in-time manufacturing support, retail restocking and online order shipping.
"Our region is renowned as a hub for innovation and as an ecosystem that fosters growth companies, said Mary Huss, Publisher of the San Francisco Business Times. RK Logistics Group, along with all of the companies on the list deserve special recognition because they fuel our regional economy."
"We are pleased to be recognized by the San Francisco Business Times as one of the Bay Area's fastest growing private companies," said Rock Magnan, RK Logistics Group's president and chief operating officer. "It's a tribute to the expertise and quality services our team delivers every day helping our customers achieve some of their most challenging and important supply chain performance objectives."
RK is also an industry leader in adopting advanced fulfillment technologies, and creating special industry-specific programs, such as sequencing parts into lean production lines at automotive and technology equipment factories, and just-in-time (JIT) deliveries to construction sites.
In addition, RK Logistics operates the South Bay's only certified, general purpose Foreign Trade Zone, which allows Silicon Valley manufacturing and importing companies to benefit from various trade policies and practices that can reduce administrative regulatory costs and associated tariffs and duties for imported goods, while protecting the integrity of high-value products in secured environment and improving supply chain velocity.
For more information about RK Logistics, and how the company's nimble, flexible approach to services and solutions can support more efficient and responsive warehousing and fulfillment operations, contact us at sales@rklogisticsgroup.com
ABOUT RK LOGISTICS GROUP -- RK Logistics is a premier 3PL provider of full-spectrum, customized supply chain services for the world's most demanding customers. RK's manufacturing support, warehousing, order fulfillment and transportation services feature lean practices, ISO-9001 and CA Board of Pharmacy 3PL Certifications, which is unique to a family-owned business. RK Logistics is also a certified minority business enterprise. For more information, go to www.rklogisticsgroup.com
Media Contact: Gary Frantz, RK Logistics Group, (925) 594-1434; garyf@rklogisticsgroup.com
More Info: https://www.rklogisticsgroup.com
