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Transportation Impact among the nation’s fastest-growing private businesses for remarkable sixth straight year
Emerald Isle, N.C. (August 15, 2018) – Transportation Impact again has ranked among Inc. magazine’s Inc 5000 list of the fastest-growing private businesses in America, the sixth consecutive year the company has earned the distinction.
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
“It’s truly humbling to know that we are entering territory that few other companies have entered with this award,” said TI Co-founder Travis Burt. “I firmly believe that the consistency of our rapid growth is due to our unwavering commitment to our five core values of work ethic, integrity, professionalism, passion, and perfection.”
In the ten years since Burt and Byrd founded it in 2008, the North Carolina-based supply chain management firm has grown from 0 to 78 employees and nearly 900 customers. Transportation Impact specializes in helping high-volume small package and freight shippers reduce the costs associated with those services.
Currently TI manages over a billion dollars in logistics spend and has helped its customers save more than $370 million.
“We’ve had the pleasure of working with some great people at some great companies, each of whom has put a lot of faith in our team to deliver positive results to their respective organizations,” Byrd said.
Since 1982, the Inc. 5000 list has honored the extraordinary journeys of the fastest-growing companies in America. It is the most prestigious honor for growing private businesses and business leaders.
The 2018 award recognizes the continued high trajectory of Transportation Impact’s growth. So far this year, Transportation Impact has added 15 new employees and is projected to generate revenue of 40 million, while saving clients an average of 19.9% on their shipping and freight spend.
“What an honor to be included and recognized in such an elite group, to make the Inc. 5000 six years in a row!” Byrd said. “The incredible ‘make up’ of our team members, customers, and community play a huge part in our success, and we share this award with all of them.”
About Transportation Impact
Transportation Impact, a 6-time Inc. 5000 honoree, leverages proprietary technology unique to the industry that ensures our customers pay the lowest possible small parcel and freight rates. In addition to saving an average of 15% 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.
The 2018 Inc 5000 list is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at https://www.inc.com/inc5000.
About Inc. Magazine
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 18,000,000 today. For more information, visit www.inc.com.
The Inc 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
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