FreightWaves has again been named to Deloitte’s Technology Fast 500, a ranking of the fastest growing technology, media, telecommunications, life sciences, fintech and energy technology companies in North America.
Winners will be selected based on percentage revenue growth for the fiscal year over the period 2018-21, according to Deloitte. Overall, the 2022 Technology Fast 500 companies achieved revenue growth ranging from 241% to 125,138% over the three-year period, with a median growth rate of 611%. FreightWaves’ growth rate calculated by Deloitte was 390% during this period.
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“We are honored to be included in Deloitte’s Tech 500, the most respected list of technology companies in North America,” said Craig Fuller, CEO and founder of FreightWaves. “Our growth is a testament to the remarkable efforts of the FreightWaves team combined with the solutions our platform offers customers.
“FreightWaves is the category king in Global Supply Chain Market Intelligence, and we expect growth to continue as companies recognize the importance of high-frequency data and an army of supply chain experts to keep abreast of developments in one of the world’s most volatile industries world : the freight market.”
FreightWaves was one of only five companies in the state of Tennessee, where the company is headquartered in Chattanooga, to make the list. The company was also included in the list in 2021.
“This year’s Technology Fast 500 list reflects some of today’s most determined and inspiring pioneers who have thrived by anticipating what came next, understanding what it takes to succeed, and driving creativity,” said Christie Simons, a partner at Deloitte, in a statement Wednesday. “Representing all facets of technology, the winners have demonstrated that they not only have the vision, but also the ability to expertly lead their businesses through rapid growth.”
To view the full list, click here.