216 transportation and logistics companies make Inc. 5000 list

More than 200 transportation and logistics companies have made the 2023 Inc. 5000 list of the fastest-growing privately held firms in the U.S. 

According to Inc., these companies saw 227% median growth, generated $38.4 billion in revenue and added 30,699 jobs. Of the 216 on the list, 150 are repeat honorees.  

To qualify for the list, companies must be U.S.-based, founded by March 31, 2019, privately held, for-profit and independent — not subsidiaries or divisions of other companies. The minimum revenue required for 2022 was $2 million. Inc. ranked 5,000 companies by percentage of revenue growth from 2019 to 2022.

The top 5

MyFBAPrep, a tech-enabled e-commerce warehouse network based in Florida, debuted at the top of the list. It ranked No. 44 overall, seeing 8,773% three-year growth.

The company was founded by Tom Wicky, Taylor Smits and Bart Boughton in 2018. Wicky serves as CEO.

“MyFBAPrep has been on a rocketship ride since day one, which is a testament to our team’s hard work, dedication and unwavering commitment to customer service,” Wicky said in a statement Tuesday. “To earn a top 50 ranking on the Inc. 5000 in our first year of eligibility is great validation for all of us.”

Third-party logistics provider AFC Logistics was the second-highest-ranked transportation and logistics company, ranking No. 55. The company, which debuted on the list in 2022, saw 7,609% growth from 2019 to 2022.

The Tampa, Florida-based 3PL was founded by Steven Maly in 2016.

Taking the third spot was Red Lab Logistics, which debuted at No. 127 with 3,830% growth. The Charleston, South Carolina, company was founded in 2019.  

In fourth place was TransLoop, a digital freight network, which made its second appearance on the list, coming in No. 138 overall with 3,692% three-year growth. In its 2022 debut, it was ranked No. 12. 

The company, based in Chicago, was founded in 2018 by Nick Reasoner. 

Rounding out the Top 5 was Freightplus, also appearing for a second time. This year it ranked No. 150 overall, seeing 3,576% growth over three years. 

The Massachusetts company, founded in 1988, is led by Stephen Aborn. 

The Top 10

Here’s a look at the companies that took the top spots in the transportation and logistics industry category:

Want to see more?

You can view the full list on the Inc. 5000 website; select “Logistics & Transportation” under the “Industry” menu.

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Editor: FreightWaves Staff