HICKORY, N.C., June 12, 2017 /PRNewswire/ -- Transportation Insight, a multi-modal Enterprise Logistics Provider recognized for excellence in supply chain and business process improvements, advances its ranking by market-leading third-party logistics consultancy Armstrong and Associates. According to A&A's annual list of largest Global 3PLs, Transportation Insight climbed 11 positions to No. 38. The company's position improved five places to No. 21 on the A&A list of Top 50 Domestic 3PLs. Key components of Transportation Insight's growth to $1.71 billion in gross revenue include client retention and service expansion coupled with strategic acquisitions and organic growth. As set forth in its Vision 20/20 growth strategy, Transportation Insight forecasts revenues to be between $3.5 and $5 billion by January 1, 2020.
"The digital transformation of the supply chain is expanding around the globe. Our team of logistics industry experts continues to be at the forefront of this shift by engineering end-to-end supply chain solutions that help more than 1,300 valued Transportation Insight clients align their supply chains to long-term strategic goals while meeting evolving customer demands," says Transportation Insight President and CEO Chris Baltz. "While mitigating financial, operational and strategic risk across their enterprises, our clients leverage transportation management solutions, innovative technology and advanced analytics to create competitive advantage and outpace their competition."
Transportation Insight's core and value-added services for the end-to-end supply chain include strategic carrier sourcing across all domestic transportation modes, supply chain and parcel advanced analytics, parcel audit and optimization, e-commerce shipping solutions, freight bill audit and payment, technology, network optimization, warehousing, international logistics management, import/export compliance consulting, LEAN consulting, client training and supply chain sourcing of indirect materials including secondary packaging.
Transportation Insight Executive Vice President of Enterprise Business Solutions Ken Wacker says the need for increasingly flexible supply chain solutions is an integral driver of the company's continuing success.
"Our clients rely on their partnership with Transportation Insight to keep an edge, whether it's through innovative and time-saving technology solutions, deep industry expertise, next-level analytics, customer-focused continuous improvement strategies or all of the above," says Wacker. "The customer is already king. As e-commerce continues to be a dominant force, companies must adapt to meet growing customer demands for flexible omni-channel solutions while tempering costs and alleviating risks to ensure they can remain competitive."
Transportation Insight's signature and proprietary Co-managed Logistics® approach allows the 3PL to come alongside clients as a strategic partner, while allowing functional leaders to choose their level of control with existing carrier relationships while receiving marketplace insight, technology tools and analysts who act as an extension of the clients' business. The lead logistics provider's proprietary Extended LEAN® continuous improvement methodology combined with supply chain analytics allows companies to evaluate complex business scenarios that can improve working capital, streamline operations and improve bottom line profits.
As a Top 50 3PL for both Domestic and Global Enterprise Logistics services, Transportation Insight was founded in 1999 by industrial engineers with deep domain expertise. The enterprise still focuses on data-centric thinking to architect supply chain solutions and execute with excellence for clients that touch every sector of the North American economy. Armstrong & Associates' 2017 lists of Top 3PLs appear in the June edition of Logistics Management.
"Our best clients call us a business partner, value stream strategist and expertise multiplier," says Baltz. "We are delighted to help our clients evolve their businesses, so that they can continue to dominate their markets."
About Transportation Insight, LLC
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