Transportation Insight Named Fastest-Growing Private Company in Charlotte Region
HICKORY, NC (December 9, 2013) – According to the Charlotte Business Journal, global third-party logistics (3PL) provider Transportation Insight ranks at the top of the list by total dollar revenue growth over a three-year period in the publication’s 5th Annual Fast 50. Honoring the 50 private companies in the Charlotte metropolitan region with the fastest revenue growth rates over the past three years, the Fast 50 recognizes local companies with outstanding growth, entrepreneurial excellence and innovative leadership.
“With more than 200 new enterprise clients acquired in the past three years, Transportation Insight has continued to see high demand for its supply chain expertise,” says Chris Baltz, Transportation Insight President and Chief Executive Officer. “By combining this expertise with our roots in LEAN thinking, we have developed a transformative continuous improvement methodology that builds on LEAN principles and applies across the entire supply chain to help clients see rapid productivity improvements from vendors to customers.”
Extended LEAN™, the continuous improvement methodology developed by Transportation Insight, focuses on streamlining the client supply chain by more closely connecting vendors, manufacturers, distributors and customers with optimized supply chain processes. When paired with Transportation Insight’s blended technology solutions, Extended LEAN helps companies achieve vast supply chain process improvements and end-to-end supply chain control while leveraging unmatched logistics expertise. The end result is the creation of industry-wide value stream networks that build competitive advantage.
“Transportation Insight excels at serving clients who are experts at their own businesses, yet who understand that our team’s deep logistics and technology expertise can accelerate the achievement of supply chain savings and overall corporate performance,” says Transportation Insight Chief Financial Officer Reynolds Faulkner. “With powerful interactive business intelligence tools such as Insight Fusion™, our interactive business intelligence portal, we are helping our clients identify immediate efficiency opportunities, while also earning our position as a long-term strategic partner for their businesses.”
The Fast 50 ranking was compiled by the Charlotte Business Journal and accounting firm CliftonLarsonAllen. Ranked by average revenue growth from 2010 to 2012, eligible companies are privately held with at least $1 million in revenue in 2012 and based in the Charlotte metropolitan area.
About Transportation Insight, LLC
Transportation Insight is a global lead logistics provider with more than $1.6 billion in supply chain spend under management. For over a decade, the 3PL has partnered with hundreds of manufacturers, distributors and retailers to achieve significant cost savings, reduce cycle times and improve customer satisfaction rates by providing customized supply chain solutions. Transportation Insight offers a Co-managed Logistics™ form of 3PL, carrier sourcing, freight bill audit and payment services, state-of-the-art transportation management system (TMS) applications, and business intelligence. Its logistics services include domestic transportation, supply chain analytics, international transportation, warehouse sourcing, LEAN consulting and supply chain sourcing of indirect materials. For more about Transportation Insight, visit www.transportationinsight.com.