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Inc. Magazine Names Flexport the 8th Fastest Growing Private Company in the US

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Inc. Magazine Names Flexport the 8th Fastest Growing Private Company in the US

Flexport drives rapid revenue growth and global expansion to break into top 10 of 2018 Inc. 5000 List

PR Newswire

SAN FRANCISCO, Aug. 15, 2018 /PRNewswire/ -- Flexport, the leading freight forwarder and logistics platform for growing brands, today has been ranked No. 8 on Inc. Magazine's 37th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment.

(PRNewsfoto/Flexport)

"We've been on an incredible trajectory since we started in 2013, and we're honored to be recognized by Inc. for our hard work, passion, and growth. It's a testament to the value of the work we do with our clients, and to the global need we're fulfilling within the logistics and freight forwarding industry," said CEO and founder, Ryan Petersen.

Flexport has experienced phenomenal growth across revenue, team headcount, and global footprint. In the past year alone, Flexport has grown to almost 1,000 employees, was named to the 2018 Inc. Best Places to Work List, and opened new offices in Atlanta, Chicago, Hamburg, Los Angeles, and New York, bringing it to a total of nine offices around the globe. To support this growth, the executive team made key hires including Paige DeLacey as Chief People Officer, and David Robinson as VP of Design. Additionally, Flexport expanded its services by leasing a 747-400 freighter to facilitate air freight shipments between Hong Kong and Los Angeles, as well as the opening of a 24,000 square foot warehouse in Hong Kong, 45,000 square foot warehouse in Shenzhen, and a 140,000 square foot cross port in Los Angeles.

About Flexport:
Flexport is a full-service ocean and air freight forwarder using modern software to fix the user experience in global trade. Logistics teams use Flexport to track shipments in real time, request and book quotes, analyze reports, and communicate directly with suppliers and their dedicated Flexport account team. Founded in 2013, Flexport is backed by leading investors including SF Express, DST Global, Founders Fund, and Felicis Ventures. The company is headquartered in San Francisco, with global offices in Amsterdam, Atlanta, Chicago, Hamburg, Hong Kong, Los Angeles, New York, and Shenzhen. To learn more, visit flexport.com

About Inc. Media:
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 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 18,000,000 today.  For more information, visit www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.

 

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