More than a 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.
Two of the logistics companies that made the list are represented in the Top 25: MyFBAPrep and OneRail.
MyFBAPrep, a Coral Springs, Florida-based eCommerce warehouse logistics network, ranked No. 20.
OneRail, an Orlando, Florida-based last-mile delivery provider, ranked No. 24.
Chattanooga, Tennessee-based FreightWaves also made the Deloitte list, its third time in as many years.
Read more: FreightWaves again named one of fastest-growing companies in North America
Winners are selected based on fiscal-year revenue growth percentage during the period from 2019 to 2022, according to Deloitte. The 2023 Technology Fast 500 companies achieved revenue growth ranging from 201% to 222,189% during the time frame from 2019 to 2022, with an average growth rate of 1,934% and a median rate of 497%. FreightWaves’ growth rate as calculated by Deloitte was 231% during that period.
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 the company’s operating revenues. 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:
Name | Rank | Primary industry | % Growth |
MyFBAPrep | 20 | Software and services | 8,792% |
OneRail | 24 | Software and services | 7,409% |
Xos | 51 | Energy and sustainability technology | 3,071% |
Fluid Truck | 63 | Software and services | 2,405% |
GoBolt | 74 | Software and services | 2,116% |
Samsara | 144 | Software and services | 997% |
Vention | 223 | Software and services | 636% |
Flexe | 236 | Software and services | 612% |
Loadsmart | 270 | Software and services | 499% |
Emerge | 302 | Software and services | 438% |
Arrive Logistics | 369 | Software and services | 343% |
Takeoff Technologies | 394 | Software and services | 320% |
Platform Science | 397 | Software and services | 315% |
Overhaul | 407 | Software and services | 301% |
FreightWaves | 494 | Software and services | 231% |
Motive | 508 | Software and services | 225% |
Shipfusion | 537 | Software and services | 205% |
View the full list here.