Nearly two dozen logistics firms have been named among North America’s fastest-growing companies.
Deloitte’s Technology Fast 500 list, which was announced Wednesday, is a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America.
Four of the logistics companies that made the list are represented in the top 25: Takeoff Technologies, Fluid Truck, Emerge and Stord.
Loadsmart, a Chicago-based logistics solutions provider that automates freight pricing, booking and shipping, also made the list at No. 214. Earlier this year, the company was named to the 2023 FreightTech 100, a selection of the most innovative companies in the freight technology space.
Chattanooga, Tennessee-based FreightWaves also made the Deloitte list, its second time in as many years.
Read more: FreightWaves named one of fastest-growing companies in North America
Winners are selected based on percentage fiscal-year revenue growth during the period from 2018-21, according to Deloitte. Overall, the 2022 Technology Fast 500 companies achieved revenue growth ranging from 241% to 125,138% over the three-year time frame, with a median growth rate of 611%.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of their operating revenues, according to Deloitte. Companies must have base-year operating revenues of at least $50,000 and current-year operating revenues of at least $5 million.
Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Here’s a look at logistics companies on Deloitte’s Technology Fast 500 list:
Company | Ranking | Primary industry | % Growth |
Takeoff Technologies | 2 | Software and services | 53,250% |
Fluid Truck | 9 | Energy and sustainability technology | 9,899% |
Emerge | 12 | Software and services | 8,953% |
Stord | 25 | Software and services | 6,513% |
ShipMonk | 44 | Software and services | 3,730% |
Spocket | 60 | Software and services | 2,954% |
Samsara | 63 | Software and services | 2,828% |
GoBolt | 74 | Fintech | 2,347% |
Xos | 102 | Energy and sustainability technology | 1,539% |
ShipHero | 115 | Software and services | 1,228% |
Vention | 143 | Hardware and semiconductors | 1,001% |
Fantuan | 172 | Software and services | 857% |
Freight Club | 176 | Software and services | 833% |
AeroSafe Global | 190 | Life sciences | 774% |
Loadsmart | 214 | Software and services | 709% |
Overhaul | 236 | Software and services | 646% |
One Step GPS | 274 | Software and services | 539% |
ShipBob | 282 | Software and services | 525% |
Flexe | 338 | Software and services | 410% |
FreightWaves | 358 | Software and services | 390% |
Shipfusion | 376 | Software and services | 365% |
Onfleet | 471 | Software and services | 261% |
To view the full list, click here.