Inc. 500 Reveals America’s Fastest Growing Companies

Detroit-based National Logistics Management Ranks 220 on the 2004 List

 

Detroit, Mich., December 8, 2004Premium freight provider, National Logistics Management, headquartered in Detroit, was named to Inc. Magazine’s 23rd annual Inc. 500 ranking of the fastest-growing private companies in the country. Inc. Magazine is

the premier publication for small- and medium-sized businesses. The Inc. 500 ranks privately held companies according to average year-over-year sales growth for the previous four years.

 

National Logistics Management ranked 220 on the prestigious list, with four/five year average sales growth of 172 percent.

 

National Logistics Management is the only North American Third Party Logistics provider to specialize solely in premium freight for manufacturing industries, including automotive manufacturers. It is non-asset based and has a unique business model that employs its proprietary software to utilize the Internet to determine optimal shipping modes; export shipments to its vast carrier base including ground, air freight, and air charter; receive bids back form its carrier network; evaluate the lowest bids and carrier quality ratings; and coordinate shipments based on best price and carrier quality ratings all within a 30-minute window.

 

We are quite pleased to receive this important recognition from Inc. Magazine,” said Scott Taylor, CEO and founder of National Logistics Management. “We have a strong team here at NLM that embraces the company’s entrepreneurial spirit and is dedicated to going the extra mile to ensure complete client satisfaction in an intense, deadline-driven industry.”

 

The companies that made the Inc. 500 list have thrived despite continued stagnation in the economy, posting an average year-over-year sales growth of 265 percent. Inc. 500 companies posted aggregate revenue of $12.6 billion, and 82 percent of them were profitable.

 

“The best thing you can say about this year’s crop of Inc. 500 entrepreneurs is that they didn’t buy into the hype,” said Inc. editor-in-chief John Koten. “When people were practically giving away funding in the late 1990s, there companies didn’t overextend, and when everyone hit the panic button a few years later, they stayed calm and seized opportunity.”

 

About National Logistics Management

National Logistics Management, headquartered in Detroit, has been recognized as one of the most accomplished premium freight management companies in North America, employing Internet technology coupled with highly specialized, personalized service. Its techniques for Web-based bidding, scheduling, shipping, tracking, and receiving payments for expedited freight have transformed the manner in which manufacturers order urgent shipments of components, resulting in sharply reduced costs and improved quality of service. NLM is distinguished by the expertise of its event specialist team, its proprietary approach to quality and the proven technology applications the company creates and employs. An ISO-9001-2000 Certified business, NLM continuously seeks to create innovations in anticipation of clients’ needs. For more information, visit www.nlmi.com.

 

About Inc. Magazine

Inc., the only business magazine dedicated exclusively to owners and managers of fast-growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing and technology. Inc. is the premier publication that focuses on small to medium-size businesses, which are responsible for more than half the nation's gross domestic product and 75% of its new jobs. And Inc. looks beyond work to address the entrepreneurial lifestyle. Inc., a Gruner + Jahr USA publication, inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness, and imagination.