With a Two-Year Revenue Growth of 437%, Axle Logistics Ranks No. 51 on Inc. Magazine’s List of the Southeast Region’s Fastest-Growing Private Companies
Companies on the 2023 Inc. 5000 Regionals: Southeast list had an average growth rate of 673 percent.
Knoxville, Tennessee, February 28, 2023 – Inc. magazine today revealed that Axle Logistics is No. 51 on its third annual Inc. 5000 Regionals: Southeast list, the most prestigious ranking of the fastest-growing Southeast private companies, based in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Puerto Rico, South Carolina, and Tennessee. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southeast economy’s most dynamic segment–its independent small businesses.
“It is an honor to be included on this prestigious list for the second year in a row,” shared Shawn McLeod, President. “We are appreciative of our clients and carrier partners’ continued partnership along with our team’s execution of industry-leading service. It is truly our people that continuously take Axle to new heights.”
The companies on this list show a remarkable rate of growth across all industries in the Southeast region. Between 2019 and 2021, these private companies had an average growth rate of 673 percent and, in 2021 alone, they added 25,844 jobs and nearly $7 billion to the Southeast region’s economy. Companies based in the Miami, Florida, Fairhope, Alabama and Covington, Louisiana areas had the highest growth rate overall.
“The success we have experienced is driven each day by our team’s commitment to Axle’s clients and carriers. We are so fortunate to have the most dedicated group of individuals who are focused on delivering exceptional service while becoming leaders throughout our community and region,” states Ali Fraley, Vice President of Learning and Development.
Complete results of the Inc. 5000 Regionals: Southeast, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/southeast starting February 28, 2023.
“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” said Scott Omelianuk, editor-in-chief of Inc. magazine.
Since 2012, Axle Logistics has made an impact across the country bringing supplies where they are needed most – before, during, and after the pandemic. The commitment of our team is unwavering no matter what the landscape of the economy looks like. The diversity of our network and our high performing team’s skills and talents allows us to serve a wide array of clients with customized solutions that can mold around varying needs. At Axle, we embrace an open and transparent collaboration to achieve the best quality of service possible.
Contact us for additional information about Axle Logistics:
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More about Inc. and the Inc. 5000 Regionals
The 2023 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2019 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2019. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2021 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.