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22 logistics firms among fastest-growing companies

Deloitte releases annual Technology Fast 500 list

Deloitte released its annual Technology Fast 500 list on Wednesday. (Photo: Deloitte)

Nearly two dozen logistics firms have been named among North America’s fastest-growing companies. 

Deloitte’s Technology Fast 500 list, which was announced Wednesday, is a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America.

Four of the logistics companies that made the list are represented in the top 25: Takeoff Technologies, Fluid Truck, Emerge and Stord

Loadsmart, a Chicago-based logistics solutions provider that automates freight pricing, booking and shipping, also made the list at No. 214. Earlier this year, the company was named to the 2023 FreightTech 100, a selection of the most innovative companies in the freight technology space. 

Chattanooga, Tennessee-based FreightWaves also made the Deloitte list, its second time in as many years.

Read more: FreightWaves named one of fastest-growing companies in North America

Winners are selected based on percentage fiscal-year revenue growth during the period from 2018-21, according to Deloitte. Overall, the 2022 Technology Fast 500 companies achieved revenue growth ranging from 241% to 125,138% over the three-year time frame, with a median growth rate of 611%.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of their operating revenues, according to Deloitte. Companies must have base-year operating revenues of at least $50,000 and current-year operating revenues of at least $5 million. 

Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

Here’s a look at logistics companies on Deloitte’s Technology Fast 500 list:

CompanyRankingPrimary industry% Growth
Takeoff Technologies2Software and services53,250%
Fluid Truck9Energy and sustainability technology9,899%
Emerge12Software and services8,953%
Stord25Software and services6,513%
ShipMonk44Software and services3,730%
Spocket60Software and services2,954%
Samsara63Software and services2,828%
Xos102Energy and sustainability technology1,539%
ShipHero115Software and services1,228%
Vention143Hardware and semiconductors1,001%
Fantuan172Software and services857%
Freight Club176Software and services833%
AeroSafe Global190Life sciences774%
Loadsmart214Software and services709%
Overhaul236Software and services646%
One Step GPS274Software and services539%
ShipBob282Software and services525%
Flexe338Software and services410%
FreightWaves358Software and services390%
Shipfusion376Software and services365%
Onfleet471Software and services261%
Source: Deloitte’s Technology Fast 500 list

To view the full list, click here.

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Meg Scarbrough

Based in Chattanooga, Tennessee, Meg is editor in chief at FreightWaves, bringing more than 20 years of editorial experience. Prior to joining FreightWaves, she was a managing editor at Flying Magazine, the world's most read aviation publication, and served as news editor at the Chattanooga Times Free Press. She's also covered the flooring industry and spent nearly a decade on the Big Island of Hawaii as a journalist. Email her at [email protected] and follow her on Twitter @emdash13.