Avenger Logistics Named to Inc 5000
August 19, 2020
Inc.Magazine Unveils Its Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000. Avenger Logistics Ranks No. 631 on the 2020 Inc. 5000. With Three-Year Revenue Growth of 745 Percent
NEW YORK, August 12, 2020 – Inc. magazine today revealed that Avenger Logistics is No. 631 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. Avenger is 30thin the Logistics Industry nationwide, 3rd largest in Tennessee, and the 10th fastest growing company (in any industry) in Tennessee. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“We are so excited to receive this recognition, particularly in a time when there is so much negative news in the world. This is simply a testament to the incredible work ethic of our people here at Avenger. I am so proud to work alongside each and every one of our teammates that helped make this happen, and we are looking forward to our continued growth on our quest to become the best brokerage in the nation! ” Jason Roberts, President
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
As one of the fastest-growing brokerages in North America, Avenger Logistics boasts a growing list of assets. Some of the most talented and knowledgeable brokers, proven consulting excellence, a large and assorted network of shippers, multiple shipping modes, LTL, Hotshot Shipping, and a cradle to grave approach to get your shipment where it belongs on time, every time. Trust us with all your transportation services.
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
CONTACT:
Jason Roberts, President
[email protected]
(423) 708-3705
More about Inc.and the Inc. 5000 Methodology
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.