Transportation Impact, First Flight Solutions among the nation’s fastest-growing private businesses for fifth straight year
FOR IMMEDIATE RELEASE
Emerald Isle, N.C. (August 16, 2017) – Transportation Impact again has ranked among Inc. magazine’s Inc. 5000 list of the fastest-growing private businesses in America, the fifth consecutive year the company has earned the distinction.
“As a fifth-time honoree, you are part of a very select group of companies,” Inc. President and Editor-in-Chief Eric Schurenburg said in an email to TI CEO Keith Byrd. “Fewer than a tenth of the Inc. 5000 honorees . . . ever achieve this milestone. Your repeat Inc. 5000 honors truly put you in rarefied company.”
First Flight Solutions, of which Transportation Impact is majority owner, also found its way to the list for the fifth straight time, and the two companies were two of only three North Carolina logistics firms able to claim that honor.
“This was our goal when we started the business,” Co-Founder Travis Burt said in an address to the company during its semi-annual sales meeting in July. “It’s humbling to stand here in front of you today to let you know that we’ve reached that goal, and it’s thanks to each of you for helping us get here.”
The North Carolina-based supply chain management firm has grown tremendously since Burt and Byrd founded it in 2008. With nearly 800 customers, Transportation Impact specializes in helping high-volume small package and LTL freight shippers reduce the costs associated with those services.
Currently TI manages over a billion dollars in logistics spend. To date, they’ve helped their customers save more than 250 million.
“It’s hard to believe we’ve come so far in such a short period of time,” Byrd said. “It truly is a testament to our people and the hard work they put in each day. We’ve also had the pleasure of working with some great people at some great companies, each of whom has put a lot of faith in our team to deliver positive results to their respective organizations.”
For 2016, Transportation Impact and First Flight Solutions grew revenues 19 percent and 29 percent, respectively, and added a total of nine new employees. So far in 2017, the companies have added 11 additional staff, and each project to exceed prior-year growth.
“We are very fortunate,” said Byrd. “We’ve had a lot of support along the way. We are excited to share this accomplishment with our staff and our community — anyone and everyone who helped us get here.”
About Transportation Impact
Transportation Impact is a supply chain spend-management firm headquartered in Emerald Isle, N.C. Founded in 2008, the company offers a portfolio of supply chain services and technologies that help large companies reduce the costs associated with small package and freight shipping. In 2016, TI was named to the North Carolina Mid-Market FAST 40 and the Grant Thornton North Carolina 100 and earned a spot on Inc. magazine’s Inc. 5000 list for the fifth consecutive year. The company received the N.C. Governor’s Award for “Outstanding Employer” in 2014 and was a finalist for the Torch Award for Marketplace Ethics from the Better Business Bureau of Eastern North Carolina earlier this year. For more information, visit www.transportationimpact.com.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of Advertising Age’s “The A-List” in January 2015, and the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 40,000,000 today. For more information, visit http://www.inc.com/.
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