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Emerald Isle (August 14, 2019) – Transportation Impact has been named to Inc. magazine’s 2019 Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. It is the seventh consecutive year the company has earned the distinction.
Since the list began in 1982, 537 of the 72,000 ranked companies, less than 8/10 of one percent, have made the list seven times.
“There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth,” says Inc. editor in chief James Ledbetter. “But what the companies on this list have in common is persistence and seizing opportunities.”
“It’s amazing to me that less than one percent of companies make it on the Inc. 5000 seven years in a row, and we are among those few,” says Transportation Impact co-founder Keith Byrd. “It’s all because we’ve surrounded ourselves with people who display complete passion for everything they do. Everybody in the industry asks us, ‘How do you recruit these people?’”
Since Byrd and Travis Burt co-founded TI in 2008, the company has grown from 0 to 82 employees and over 900 customers. Transportation Impact specializes in helping high-volume small package and freight shippers reduce the costs associated with those services.
“Each of the great people at the great companies we’ve worked with has put a lot of faith in our team to deliver positive results, and it is an amazing testament to our whole team’s commitment to our five core values that we have honored that faith and trust,” says Burt.
Currently TI manages over 1.3 billion dollars in logistics spend and has helped its customers save more than $540 million. TI recorded three-year average growth of 138 percent to qualify for the 2019 list. It is one of only ten North Carolina companies to make the 2019 list in the transportation and logistics category.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona.
About Transportation Impact
Transportation Impact, a 7-time Inc. 5000 honoree, leverages proprietary technology unique to the industry that ensures our customers pay the lowest possible small parcel and LTL rates. In addition to saving an average of 19.7% or more, shippers benefit from our best-in-class TMS that enables them to optimize their daily shipment routing decisions. Our performance-based pricing model means customers only pay for actual savings realized. For more information, visit transportationimpact.com.
Methodology of the Inc. 5000
The Inc. 5000 is a list of the fastest-growing private companies in the nation. The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
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