Inc. today ranked INTTRA No. 2,774 on its annual ranking of the 5,000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy.
“Our second annual Inc. 5,000 continues the most ambitious project in business journalism,” said Inc. 5,000 Project Manager Jim Melloan. “The Inc. 5,000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth.”
Innovative training and development programs, a dedicated management team and a continued focus on employee growth have propelled INTTRA’s maturation from a ‘start up’ to becoming the largest B2B e-Commerce portal in the ocean container industry, now processing more than 10 percent of all global containerized trade. CEO Ken Bloom continues to provide the leadership and vision that has fueled a 100 percent revenue growth rate per year since 2001. In addition to being included as one of the Inc. 5,000, INTTRA was also named by Inc. as the 33rd fastest-growing logistics company in the United States.
“We are honored to be recognized by Inc. as one of America’s 5,000 fastest-growing companies,” said Bloom. “INTTRA’s consistent, substantial growth over the past seven years is a direct result of e-Commerce innovation, specialized product development and understanding how to put our global workforce in a position to excel. We accept this distinction on behalf of our employees with a promise to continue fostering development through corporate programs and initiatives, knowing full-well their invaluable role for INTTRA’s future growth.”
The 5,000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5,000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5,000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5,000.com.
Hottest Regions for Fastest-Growing Companies
The New York metro area tops the Inc. 5,000 list with the most companies of any city with 355. Washington, D.C. comes in a close second with 300 companies on the list; Los Angeles comes in third with 244 companies, and Atlanta (194 companies) and Chicago (189 companies) round out the top five. Interestingly, only 62 companies on the Inc. 5,000 are not based in metropolitan areas.
Grand Rapids, Mich. leads the list with the highest median revenue of any metro area ($26.2 million, 16 companies), followed by San Antonio, Texas ($21.3 million, 25 companies), Baton Rouge, La. ($18.8 million, 14 companies), Houston ($17.1 million, 97 companies), and Kansas City, Mo.-Kan. ($16.5 million, 39 companies).
Hottest Industries for Fastest-Growing Businesses
The most notable median growth categories among the Inc. 5,000 fastest-growing businesses are in the Energy category (which grew by 298%), followed by Government Services (which grew by 220%), Security (200% growth), IT Services and Software (both grew by 187%), and Consulting (which grew by 182% on average).
The largest business category is IT Services, with 579 Inc. 5,000 companies. Business Services (532 companies), Construction (459), Manufacturing (405), and Advertising & Marketing (361) complete the top five industries ranked on the 2008 Inc. 5,000.
Industries reporting the highest median revenue are Travel ($38.8 million), Financial Services ($16.3 million), Logistics ($15.4 million) Government Services ($14.2 million), and Energy ($14.2 million).
Methodology
The 2008 Inc. 5,000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, for profit, independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.
Companies can apply for next year’s Inc. 5,000 by registering with “IncBizNet, Business Network for Private Companies”, at www.incbiznet.com.
About Inc.com
Inc.com, the daily resource for entrepreneurs, delivers how-to guides, advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses. Inc.com offers dynamic marketing solutions to help advertisers effectively reach Inc.com's audience of business leaders. Visit http://www.inc.com.
About Inc. 500|Inc. 5,000 Conference
Each year, Inc. magazine and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars — the privately held small businesses that drive our economy. The Inc. 500|Inc. 5,000 Conference brings together members of the Inc. 5,000 community—both a new class of Inc. 5,000 honorees and the list’s alumni—for three days of powerful networking, inspired learning, and momentous celebration. For the first time ever, this powerful networking event is open to all. Please join us September 18-20, 2008 at the Gaylord National Resort and Convention Center in Washington, D.C. For more information or to register, visit www.Inc500Conference.com or call us at 877-211-0489.
About INTTRA
INTTRA, founded in 2000 and headquartered in Parsippany, N.J., is a leading global provider of e-commerce solutions to ocean carriers and their customers. INTTRA professionals work with customers to streamline and standardize their shipping processes, applying their e-commerce knowledge of the shipping industry for customers in markets worldwide.
More than 260,000 container orders are initiated on the INTTRA platform each week, representing more than 10 percent of global ocean container trade.
INTTRA's e-commerce platform offers a comprehensive range of e-commerce tools, including: Tender, Sailing Schedules, Booking, Shipping Instructions, Bill of Lading, Track & Trace, and Reports. Accessing the INTTRA platform is simple, using any combination of their channel solutions: INTTRA-Link (EDI-based, system-to-system connection), INTTRA-Desktop (off-line PC application), or INTTRA-Act (web-based application).
INTTRA's carrier network includes, Alianca, ANL, CCL, CMA CGM, CSAV, CSAV NORASIA, Deutsche Afrika-Linien, Emirates Shipping Line, Hamburg Sud, Hanjin Shipping Co., Hapag-Lloyd, "K" Line, Libra, Maersk Line, MCC Transport Pte Ltd., MISC, Mitsui O.S.K. Lines, MSC Mediterranean Shipping Company S.A., NYK Line, Safmarine, Senator Lines, United Arab Shipping Company.
INTTRA, the INTTRA logo, INTTRA-LINK, INTTRA-Desktop, INTTRA-ACT are trademarks or registered trademarks, service marks or registered service marks of INTTRA, Inc. All other product and company names mentioned herein may be trademarks of their respective holders
Contacts:
Matt Trocchio, 617-779-1848
mtrocchio@shiftcomm.com
