Growing Fast – Logistics Winners
“The 2023 Inc. 5000 list, which highlights the fastest-growing companies in America, this year includes over 200 companies from the logistics and transportation sector. These companies were ranked based on their percentage revenue growth from 2019 to 2022. To qualify, businesses had to meet certain criteria:
- Founded and generating revenue by March 31, 2019.
- U.S based, privately held for-profit, and independent, not subsidiaries or divisions of other companies as of December 31, 2022.
- The minimum revenue required for 2019 was $100,000; the minimum for 2022 was $2 million.
To give perspective of the growth of these businesses the top 10 within the “logistics & transport” section reported median growth of 3387%.
Transportation Top 10
Overall the industry participants grew revenue at a median 227% and added a reported 30,000+ jobs to the US economy. To dive into the full list click here. Under the “industry” column select, “logistics & transport.”
*This article is excerpted from global-trade-newsletter.beehiiv.com website, published 16th August 2023