Cherry Bekaert ranks Transportation Impact 18th among mid-market FAST 40
Pinehurst, N.C., (October 10, 2018)—Emerald Isle supply chain spend management firm Transportation Impact is having a great decade. Cherry Bekaert and Business North Carolina magazine have again ranked TI among the state’s MidMarket FAST 40, adding to a lengthening list of accolades for the company.
The award, which TI was also tabbed for in 2016 and 2017, comes on the heels of the company’s sixth consecutive appearance on Inc. magazine’s Inc. 5000 list of the nation’s fastest-growing private companies.
“We are fully committed to this state, and making the Fast 40 for the third year in a row is wonderful proof that Transportation Impact is an integral part of the North Carolina economy,” said TI director of sales Jamie Vogel.
Nominees for the FAST 40 award must be a privately owned or publicly traded commercial enterprise headquartered in North Carolina, have net annual revenue between $10 million and $500 million, and show sustained revenue and employment growth over the past three years.
All rankings are objectively based on a formula that takes into account percentage rate of total gross revenue growth over the three-year period, according to the Cherry Bekaert website. Past winners include Bojangles, LendingTree, and Movement Mortgage.
Since Keith Byrd and Travis Burt started the company in 2008, Transportation Impact has grown to nearly 900 customers and 80 employees, with a forecast revenue of $40 million for 2018. The company specializes in helping high-volume small package and freight shippers reduce the costs associated with those services, and this year is projected to save customers an average of 19.9% on their shipping spend.
“This has definitely been a decade of growth,” said Byrd, co-founder and principal partner. “We feel fortunate that by holding true to our core values of work ethic, integrity, professionalism, perfection, and passion, we are able to represent our area well and do our part to promote economic growth in our town, county, and state.
“We are very thankful for the opportunity Business North Carolina and Cherry Bekaert have provided for companies like ours to showcase our talents, and even more thankful to our staff for making things happen day in and day out.”
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 LTL rates. In addition to saving an average of 15% or more, shippers benefit from our best-in-class TMS, which enables them to optimize their daily shipment routing decisions. In addition to the NC100 and Inc. 5000, TI has placed twice on the North Carolina Fast 40 and earned Business NC Top Employer, Inc. Best Workplaces, BBB Torch Award, CAI Ovation Award for Corporate Social Responsibility, and Parcel Hot Company. For more information, visit https://transportationimpact.com/.
About Cherry Bekaert LLP
Ranked among the largest accounting and consulting firms in the country, Cherry Bekaert, LLP, specializes in offering solutions that impact our clients’ ability to grow. For 70 years, global corporations, private businesses, government entities, nonprofits, emerging firms, start-ups and successful individuals have relied on Cherry Bekaert to guide them forward to their growth destination. http://www.cbh.com/
About Business North Carolina magazine
For over 35 years, Business North Carolina has been the state’s biggest and best business magazine, digging deep into the stories behind the news and then delivering what we uncover in a manner that is always fair, accurate and thorough. Our job is to reflect reality and, in doing so, to entertain and enlighten our readers. http://businessnc.com/
8921 Crew Drive
Emerald Isle, NC 28594