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Emerald Isle, NC |August 12, 2020 –
Transportation Impact has been named to Inc. magazine’s annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. It is the eighth consecutive year the company has earned the distinction. TI first made the list in 2013 with a ranking of 547.
Since the list began in 1982, less than a fraction of one percent have made the list eight times.
This year, “companies that made the list, on average, have grown sixfold since 2016. During a stretch when the economy grew just 15 percent, that’s a result most businesses could only dream of,” wrote Inc. editor in chief Scott Omelianuk in a congratulatory note. “The 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
“Wow. It’s an amazing testament to our employees and our customers that we’ve made this list for an eighth consecutive year,” said Transportation Impact CEO Berkley Stafford. “The people we’ve surrounded ourselves with display their passion and commitment every day. That has been particularly evident these past months, and we couldn’t be more grateful for each and every one of them.”
Since former UPS executives Keith Byrd and Travis Burt co-founded TI in 2008, the company has grown from 0 to 88 employees and nearly 1000 customers. Transportation Impact specializes in helping high-volume small package and freight shippers reduce the costs associated with those services.
“It’s an amazing experience to see this company continue to grow every year,” said VP of Sales & Marketing Jamie Vogel. “Keith Byrd and Travis Burt founded this company with a single mission to save shippers money. Having that mission as our sole focus, in every interaction with every customer, is the foundation of this company’s success.”
Currently TI manages over 1.1 billion dollars in logistics spend and has helped its customers save more than $646 million. Transportation Impact recorded three-year average growth of 128 percent to rank 3043 on the 2019 list. It is one of only eight North Carolina companies to make the 2020 list in the logistics and transportation 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 companies that made the list will be celebrated at the virtual Inc. 5000 Vision Conference October 19–23, 2020.
About Transportation Impact
Transportation Impact, an 8-time Inc. 5000 honoree, leverages proprietary technology unique to the industry that ensures our customers pay the lowest possible small parcel, LTL, and freight rates. Founded in 2008, the company has grown from 0 to 88 employees and nearly 1000 customers. In addition to saving an average of 15% to 25% 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 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2019. The minimum revenue required for 2016 is $100,000; the minimum for 2019 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.