For the 5th Time, OpenRoad Global Makes the Inc. 5000, ranking No. 3983 in 2024 Among America’s Fastest-Growing Private Companies, With Three-Year Revenue Growth of 114 Percent
NEW YORK, August 13, 2024 – Inc. revealed today that OpenRoad Global ranks No. 3983 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America.
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges.
OpenRoad, based in Dallas, Oregon has achieved a revenue growth of 114% from 2020 to 2023, ranking No. 137 in the Logistics and Transportation category Nationwide, and 28th overall in the state of Oregon.
OpenRoad Global is a privately owned, people-oriented, and technology-driven global supply chain and logistics provider that connects people, businesses and goods. We offer a comprehensive suite of services including Truckload, LTL, Intermodal, Cross-Border Solutions, Global Forwarding, and an in-house Customs Brokerage in order to holistically provide transportation solutions for our customers. In 2024 OpenRoad celebrated its 20th Anniversary as a company. It also underwent a rebrand, bringing it into a more modern and mature version of itself, while expanding into a newly built, 14,000sf headquarters building, to support their mission of empowering global business through personal and modern logistics services.
You can find our ranking here: OpenRoad Global is a 2024 Inc. 5000 honoree.
Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000.
All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
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