NASHVILLE, Tenn., April 7, 2020 /PRNewswire-PRWeb/ -- FreightWise, a logistics and transportation cost-management technology provider, was announced as No. 4 on the 2020 Financial Times list of the Americas' fastest-growing companies.
The high ranking recognizes the Nashville-based company's impressive growth rate since its founding in 2014. The company spent the first 1.5 years building its cloud-based platform and had no clients, no physical location and no revenue until 2016, when its first week of revenue amounted to only $150. By the end of 2018, annual revenue had grown to $33.4 million- a 30,547% increase in just three years.
FreightWise's success, according to CEO Chris Cochran, "is a direct result of the quality of people on our team, and our plan to drive value for clients." The company is based in Brentwood, TN and has built a reputation of excellent products and operational execution. "We have a winning product, great leadership team and a solid plan but our secret to success is a smart and hard-driving team of nearly 70 people that work hard to make our customers happy and successful." said Cochran. While grateful for their accomplishments to date, the FreightWise team has its sights on the horizon. In an effort to bolster continued growth efforts, particular focus is being paid to the rapid expansion of both development and sales teams.
About FreightWise
FreightWise was founded to fill a gap in the transportation space by providing a SaaS platform that solves challenges in clients' visibility, optimization, manual processes and cost. By leveraging technology, innovation, agile development and industry expertise, the product tightly integrates with clients' existing infrastructure to reduce time, money and resources spent on shipping. FreightWise serves clients in all verticals, in all states and of all sizes. More information is available at http://www.freightwisellc.com.
SOURCE FreightWise, LLC
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