CHICAGO, Nov. 16, 2016 /PRNewswire/ -- Redwood Logistics was recently recognized as one of the "Best Entrepreneurial Companies in America" by Entrepreneur magazine's Entrepreneur 360™ List, the most comprehensive analysis of private companies in America. Based on this study forged by Entrepreneur, Redwood Logistics is recognized as a well-rounded company that has mastered a balance of impact, innovation, growth and leadership.
"Best Entrepreneurial Companies in America" honorees were identified based on the results of a comprehensive study of independently owned companies, which used a proprietary algorithm and other advanced analytics. The algorithm was built on a balanced scorecard designed to measure four metrics reflecting major pillars of entrepreneurship—innovation, growth, leadership and impact. "Our annual evaluation offers a 360-degree analysis of the current private-business landscape," said Lisa Murray, chief insights officer of Entrepreneur Media Inc. "Top performers are determined by how well-rounded they are in these four key operative areas. Entrepreneurship is a complex endeavor—this listing recognizes those who have mastered the challenge and are thriving this year." Consistently recognized as a top workplace by several trusted organizations, Redwood Logistics boasts a wide range of services and a flexible, strategically integrated operating model that has positioned the company as a leader among mid-sized, third-party logistics providers. Today, Redwood moves and manages more than $600 million in transportation spend annually and employs 364 people in 13 cities, with an additional 233 owner/operator drivers in its truckload services subsidiary.