CLG News

Coastal Logistics Group, Inc. Ranked 16th in Inc. Magazines™ 500|5000 List of Fastest Growing Logistics Companies

Posted: Thursday August 13, 2009 • Category: Press Releases

Inc. Magazine announced its annual ranking of the fastest-growing private companies in the country. Coastal Logistics Group, Inc. (CLG) a leading provider of logistic solutions, ranks No. 749 on the list with all companies, and 16th among logistic companies. The Inc. 500|5000 list is available in this month’s edition of the magazine.

“We’re thrilled to be acknowledged on the Inc. 500|5000 list. It is confirmation of the hard work and diligence of the CLG team,” said CLG President, Chad Barrow. “We’ve had a very fast growth over the past few years and are looking forward to continuing down that path as we move forward. The key to our success are the employees and the solutions they are providing to our customers. Our solutions enable our customers to move their products quickly and efficiently through the Georgia’s ports. ”

The Inc. 500|5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008 (a number of companies on the list have gone public or been acquired since that date). Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million.

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