CLEVELAND, August 12, 2020 – Transport Services, Inc., a full-service semi-trailer dealership with locations in Northeastern and Central Ohio, has once again earned its way on to the annual Inc. 5000 list of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
“It is an honor to be on the Inc. 5000 list for the third time because it shows sustained growth. Being ranked on growth percentage means we’re partially competing against our past success, and this proves we’re up to the task,” says Adam Therrien, President of Transport Services, Inc. “Our growth reflects our loyal customer base, a business plan that places customer experience at the top of our list of priorities, and our dedicated and talented employees. We would not be where we are today without each and every one of Transport Services’ team members.”
Transport Services, Inc was also recognized by The Cleveland Plain Dealer as a 2020 Top Workplace earlier this year, making the list now five years straight.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
Contributing to this data, Transport Services, Inc. grew over 75% from 2016 to 2019. Under the leadership of the current Management Team, the company has added 55 new employees and grown by 206% since 2012 when Adam Therrien became President of the company.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.