CORRECTION: Updated at 5:03 p.m. on Friday, August 16, 2019, to correct the number of employees at Taimen Transport to 17. A previous version erroneously stated 38. CORRECTION: Updated at 12:03 p.m. on Saturday, Aug. 17, 2019, to correct the year Conversant Group was started to 2009. A previous version erroneously stated 2011.
Among the 13 fastest growing businesses in Chattanooga on this year's Inc. 5000 list, eight are in the logistics industry.
"The roster of fast-growing logistics firms in Chattanooga are another proof point that the city is at the center of supply chain and equally, is important in the broad evolution of the industry," said Santosh Sanker, a partner in the Chattanooga venture firm Dynamo which has invested and aided in the creation of several logistics firm.
"Our strategic location underpinned by the strategic convergence of "roads, river, rail," the region's incumbent and technology-driven institutions, and venture capital presence help support such entrepreneurial endeavors and business growth in our community."
The fastest growing local companies and their relative rank on the Inc. 5000 list for 2019 are:
209 - EnergyEarth advertising and marketing firm with 42 employees started in 2011, $22.3 million in revenue and 3-year growth of 1,953%
366 - LYNC Logistics with 36 employees started in 2014, $28 million in revenue and 3-year growth of 1,248%
483 - Trident Transport with 51 employees started in 2013, $31.3 million in revenue and 3-year growth of 911%
965 - Skuid software with 142 employees started in 2013 with 51 employees started in 2013, $20.9 million in revenue and 3-year growth of 440%
1021 - Reliance Partners insurance broker with 118 employees started in 2009, $10.1 million in revenue and 3-year growth of 413%
1302 - LMS (Logistics Made Simple) with 75 employees started in 2008, $45.6 million in revenue of three-year growth of 316%
1339 - Taimen Transport with 17 employees started in 2012, $35.6 million in revenue and three-year growth of 308%
1896 - Steam Logistics international freight broker with 38 employees started in 2012, $27.8 million in revenue and three-year growth of 212%
2154 - Max Trans Logistics with 28 employees started in 2014, $27.4 million in revenue and three year growth of 187%
2469 - Conversant Group IT management with 30 employees stated in 2009, revenues of $12.3 million and three-year growth of 161%
3478 - Very business products builder of digital platforms with 32 employees stated in 2011, $6 million in revenue and three-year growth of 101%
3845 - Flywheel Brands advertising in Hixson with 20 employees started in 1981, $6 million in revenues and three-year growth of 87%
4169 - AHS Consulting, a logistics consultant in 2014 with 11 employees, $2.3 million in revenue and three-year growth of 75%
Source: Inc. 5000 for 2019