Transportation Insight Achieves Inc. 500|5000 Honors for Ninth Straight Year
August 18, 2016
Entrenches Position as Largest Enterprise Logistics Provider on the Inc. 5000
HICKORY, NC (August 18, 2016) – Transportation Insight continues to fortify its position as one of the nation’s most successful Enterprise Logistics Providers with its ninth consecutive appearance on the exclusive Inc. 500|5000 list of fastest-growing privately held companies in the United States. Offering Tier One end-to-end supply chain solutions, Transportation Insight is 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 consecutive years. Only 129 of the 5,000 companies on the 2016 Inc. list have been among this elite group of prominent brands for nine years or more.
Inc. Magazine ranked the Inc. 500|5000 according to percentage revenue growth when comparing 2012 revenues to 2015 revenues. Transportation Insight’s achievement of 149 percent gross revenue growth since 2012 represents an impressive growth rate that is a notable feat for a billion dollar company. According to gross revenue statistics available in the full Inc. 5000 list, Transportation Insight is the 18th largest company in the Inc. 5000, and remains the largest Enterprise Logistics Provider.
“Our long-term strategy of investing in best-in-class technology and building the strongest intellectual capital base in the logistics industry has given us the ability to provide shippers with the most holistic supply chain solutions in North America,” says Transportation Insight Founder and Chairman Paul Thompson. “While our goal is to become the largest and most highly respected Enterprise Logistics Provider in North America, our continued rapid growth depends on our people and their passion for developing and executing logistics and technology solutions that help our valued clients simplify the complex process of managing a global supply chain and continue to meet their own growth goals.”
Transportation Insight’s consultative enterprise solutions include Tier One services in the domestic truckload, less-than-truckload and parcel logistics realms. In addition, the company’s robust portfolio of services provides comprehensive international logistics as a licensed Ocean Freight Forwarder, proprietary freight and parcel invoice auditing systems, an extensive North American warehouse network and a blended technology platform that delivers a complete view of the global supply chain from factory loading docks abroad to the end customer’s door.
The company’s rapidly-growing transactional division, recently rebranded as BirdDog Logistics™, significantly impacts Transportation Insight’s ability to provide variable trucking capacity solutions to its enterprise customers and many other shippers in the logistics marketplace. Through several recent strategic acquisitions and ongoing significant organic growth efforts, BirdDog and parent company Transportation Insight now have a strong foothold in nearly every industry, including consumer packaged goods, temperature-controlled fresh logistics, food, retail, heavy equipment, electronics and entertainment.
Founded in 1999, Transportation Insight has been nationally recognized for its achievements in supply chain analytics and technologies, Insight Fusion® Big Data solutions and Extended LEAN® continuous improvement methodologies for the extended supply chain.
Transportation Insight President and CEO Chris Baltz says the company’s ninth consecutive inclusion in the Inc. 5000 stems from the company delivering on its mission to help clients create significant competitive advantage through application of best practices across their supply chains.
“We have a simple formula at Transportation Insight. We focus on making our client partners better – significantly better – through process change and logistics excellence,” Baltz says. “In addition, the collaborative best practices of our clients and our associates create powerful synergies that have made us a better company. As a result, our organization continues to thrive despite a challenging economic environment across North America. It is our honor to be recognized on the Inc. 5000 Honor Roll as a high growth company, but the true reward comes when we empower our clients to increase their enterprise value and elevate their market position.”
As a member of the Inc. 500|5000 list, Transportation Insight shares alumni status with innovative companies such as Microsoft, Oracle, Pandora, Under Armour and Patagonia.
View Transportation Insight’s Inc. 5000 profile online at http://www.inc.com/profile/transportation-insight.
About Transportation InsightTransportation Insight is a leading, technology-enabled third party logistics and business process outsourcing provider.
About Ridgemont Equity Partners
Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested over $5 billion. The firm focuses on equity investments up to $250 million and utilizes a proven, industry-focused investment approach and repeatable value creation strategies. Ridgemont’s most recent flagship fund, REP III, was formed in 2018 and has $1.65B of committed capital.