Wednesday, March 30, 2011

Hispanic owned South Texas transportation January sales up 32% in January alone-

Monday, March 28th, 2011


Business Category is a Key Recession Recovery Statistic

Rio Grande Valley, Texas – Bucking the national epidemic of near-stagnant growth, McAllen, Texas was recently recognized as the first city in the United States to reach pre-recessionary levels and one of the few metropolitan areas to have positive job growth throughout the entire economic downtown. Nowhere is this more evident than in the transportation industry, which has traditionally served as a chief indicator of how other key industries are fairing since trucks carry goods to a wide range of markets, suppliers and manufacturers across the country

Mike’s Loading Service based in Edinburg, Texas reported its January sales were up 32% versus the previous year. “The rate of growth we’re seeing is really satisfying for our company and very positive for our industry,” says Mike Castillo, President of Mike’s Loading Service, Inc. in Edinburg. “Economic recovery for our area is tied to companies like Mikes Loading.

They are progressive and focused on growth and we support them”- said Dan Lawless- President, Chase Bank, Rio Grande Valley Region With sales of $56.3 million in 2009 and $56.7 million in 2010, Castillo’s brokerage first felt the effects of the pending recession in June 2008 when sales were off by 35%. The first quarter of 2011, however, is proving to be an entirely different story. “Sales are already up ...

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