FreightWise LLC has been named to the 2024 Inc. 5000 list for the sixth consecutive year, recognizing its rapid growth and innovation in the logistics technology sector. This achievement highlights FreightWise’s commitment to excellence and customer satisfaction. CEO Chris Cochran attributes the company’s success to the team’s dedication and ability to navigate economic challenges. Another FreightWise executive echoed this sentiment, emphasizing the company’s relentless pursuit of delivering top-tier value to its clients.
NEW YORK, Aug. 13, 2024 /PRNewswire/ — Inc. revealed today that FreightWise ranks No. 3721 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
“Making the Inc. 5000 list for the sixth year in a row is a testament to the dedication and resilience of our entire team at FreightWise. In an ever-changing economic landscape, our focus on innovation and customer-driven solutions has allowed us not only to grow but to lead. We are honored to be among such an inspiring group of companies, and we look forward to continuing to push boundaries and deliver unmatched value to our clients.”
– Chris Cochran, CEO of FreightWise
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
“This achievement not only highlights our past successes but also motivates us to continue leading the way in logistics technology. We’re proud to stand among the nation’s fastest-growing companies and are excited for what the future holds.” – Julie Kinnard, CHRO of FreightWise
FreightWise LLC, founded in 2015 in Nashville, Tennessee, has rapidly emerged as a trailblazer in the logistics technology landscape. Specializing in comprehensive end-to-end transportation management, FreightWise is redefining how companies optimize freight costs and streamline operations, positioning itself as a critical partner for businesses across various industries.
FreightWise has achieved notable milestones, including the 2023 acquisition of Kuebix, a strategic move that significantly expanded FreightWise’s capabilities in supply chain innovation. This acquisition not only broadened its service offerings but also solidified FreightWise’s reputation as a frontrunner in the logistics technology sector. The impact of this acquisition is already being felt, with clients benefiting from enhanced efficiency, real-time insights, and more robust logistics solutions.
Under the visionary leadership of CEO Chris Cochran, FreightWise has seen extraordinary growth. Cochran was named a finalist for the prestigious EY Entrepreneur of the Year award in the Southeast region. This accolade underscores the company’s explosive growth, forward-thinking strategies, and Cochran’s dynamic leadership, which continues to drive FreightWise to new heights.
FreightWise’s relentless commitment to innovation, excellence, and growth sets it apart in the competitive logistics industry. As the company continues to break new ground, it remains a pivotal force in shaping the future of logistics technology.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
Media Contact
Samantha Guillen, FreightWise LLC, 1 7147979828, sguillen@freightwisellc.com, www.freightwisellc.com
SOURCE FreightWise LLC