Sustained Rapid Growth Lands Transportation Insight On The Inc. 500|5000 For Seventh Straight Year
Enterprise Logistics Provider Cites Strategic Vision, Innovation and Client Retention as Drivers
Hickory, NC /PRNewswire/ - Transportation Insight has solidified its position as one of the nation's fastest-growing and largest Enterprise Logistics Providers with its seventh consecutive appearance on the exclusive Inc. 500|5000 list of fastest-growing privately held companies in the United States. By appearing on the prestigious Inc. 500|5000 list seven straight years, Transportation Insight has been recognized as part of the Inc. 5000 Honor Roll, a designation for a select few companies who have been honored on the Inc. list for at least five years in a row. Only 388 of the 5000 companies on the 2014 Inc. list have been honorees among this elite group of prominent brands for seven years or more.
Inc. Magazine ranked the Inc. 500|5000 according to percentage revenue growth when comparing 2010 to 2013. By achieving 149% sales growth since 2010, Transportation Insight is the largest Enterprise Logistics service provider, by gross revenue, on the list of highly successful companies. As an Enterprise Logistics Provider, Transportation Insight offers a robust portfolio of services including consultative and transactional end-to-end supply chain solutions encompassing domestic transportation, international logistics and warehouse sourcing.
Transportation Insight's sustained rapid expansion is a particularly notable achievement for a company in its 15th year of doing business. Founded in 1999, Transportation Insight has been nationally recognized for its achievements in supply chain analytics, Insight Fusion® Big Data solutions and Extended LEAN® continuous improvement methodologies. The North Carolina-based company has thrived through several of the most challenging years in the American economy.
Founder and Chairman Paul Thompson attributes the company's continued expansion to client retention, new client acquisition and strategic investments. "Through sluggish economic conditions, we have maintained our investment strategy in human capital and innovative technology, and we are seeing the results of staying that course," Thompson says. "We pride ourselves on our ability to help our clients to continuously improve their operations and grow faster than the economy."
Transportation Insight President and CEO Chris Baltz says the company's inclusion in the Inc. 5000 for a seventh straight year is a direct result of strategic partnerships with forward-thinking clients. "Given the complexity of the global marketplace, now more than ever companies are turning to Transportation Insight to gain the expertise, processes and systems necessary to compete across worldwide supply chains," Baltz says. "A differentiator for Transportation Insight, and the key to our success, is our relentless commitment to help our clients sustain competitive advantage, create enterprise value and dominate their markets."
The lead logistics provider expects to further fortify its place on the Inc. Honor Roll, as it implements its growth strategy branded Vision 20/20. The plan outlines Transportation Insight's goal to become a $3.5 to $5 billion company by January 1, 2020, through continued aggressive organic and acquisition-related expansion.
Baltz adds, "We are honored to receive this recognition on the Inc. Honor Roll. Transportation Insight continues to succeed, because our people are executing better than the competition with a dedication to help our clients win."
As a member of the Inc. 500|5000 list, Transportation Insight shares alumni status with innovative companies such as Microsoft, Oracle, OtterBox, Under Armour and Zappos to name a few.
View Transportation Insight's Inc. 5000 profile online at http://www.inc.com/profile/transportation-insight.
About Transportation Insight, LLC
Transportation Insight is a global lead logistics provider with more than $1.6 billion in supply chain spend under management. For over a decade, the 3PL has partnered with hundreds of manufacturers, distributors and retailers to achieve significant cost savings, reduce cycle times and improve customer satisfaction rates by providing customized supply chain solutions. Transportation Insight offers a Co-managed Logistics® form of 3PL, carrier sourcing, freight bill audit and payment services, state-of-the-art transportation management system (TMS) applications and business intelligence. Its logistics services include domestic transportation, supply chain analytics, international transportation, warehouse sourcing, LEAN consulting and supply chain sourcing of indirect materials. Headquartered in Hickory, NC, Transportation Insight has secondary operating centers in Charlotte, NC, Bentonville, AR and Atlanta, GA, as well as more than 40 client support offices across North America. For more about Transportation Insight, visit www.transportationinsight.com.
SOURCE: Transportation Insight, LLCCopyright 2014 PR Newswire. All Rights Reserved