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.
One of the logistics companies that made the list, OneRail, is represented in the Top 25. The
Orlando, Florida-based last-mile delivery provider — founded in 2018 by Bill and Lisa Catania — 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:
View the full list here.
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