Starke, Fla. – August 16, 2022 – Fox Logistics, the asset-based third-party logistics provider (3PL) that provides freight services to small, midsize, and enterprise businesses, today announced that it has been ranked No. 268 on the Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses.
This is the first year Fox Logistics has ranked on the Inc. 5000 list, which comes after a record year of growth and achievement for the company. Fox Logistics acquired freight platform Boxton, which automates the freight quoting process so customers can work directly with carriers to obtain immediate access to industry-leading freight rates. The acquisition marked Fox Logistics’ global expansion into air and ocean freight services.
“We are honored to be named to the Inc. 5000 list, particularly among the top 500 companies,” said Matt Lawrence, CEO of Fox Logistics, “I am incredibly grateful to our teammates and customers who place their trust in Fox Logistics and have made this possible. We will continue to focus on being the best place to work in this industry and providing exceptional customer service powered by our advanced technology platform.”
Fox Logistics ranked No. 14 in the transportation and logistics category and No. 29 in the State of Florida. The companies on the 2022 Inc. 5000 list have demonstrated success and resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500 companies, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added 68,394 jobs over the past three years.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
For more information about Fox Logistics visit https://foxlogistics.com.
Founded in 1991, Fox Logistics is an asset-based third-party logistics (3PL) provider that provides ground, air, and ocean services to small and midsize businesses, as well as enterprise retail and manufacturing companies. In a volatile industry marked with constant delays, unethical brokers, and unpredictable rate changes, Fox Logistics provides reliable, on-time services by focusing on carrier and customer relationships. The company employs an advanced, AI-based Freight Automation Platform (FAP) to provide customers with visibility into their shipments. Fox Logistics is committed to carbon neutrality and partners with The National Forest Foundation and The Carbon Fund to measure and offset carbon emissions. Learn more at foxlogistics.com.
Media Contact
Jennifer Cronin
Trust Relations
Foxlogistics@trustrelations.agency
323-216-8589
Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found online.
About Inc.
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 & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
