The Jacksonville Business Journal revealed its list of the fastest growing companies in Northeast Florida during its Fast 50 Awards Ceremony this week in downtown Jacksonville. Corporate Traffic Logistics not only ranked #17 out of 50 companies but was only one of several companies that earned the fastest growing percentage growth AND dollar volume growth.
“As a company based here in Northeast Florida, we take great pride in being recognized for our growth. Our success has enabled us to expand our workforce by 20% in 2022 and we have plans to increase that further next year,” said CT President Chris Cline.
For more than 25 years, the Jacksonville Business Journal has identified the fastest-growing companies on the First Coast. This list has tracked companies that boomed during the good times, that grew even when the economy shrank, that stand as an example of what ingenuity, hard work, and creativity can lead to. This year’s list of honorees are drawn from a range of industries, including real estate, transportation, technology, and manufacturing.
Two groups of companies are honored by this award. The Fast 50 percentage list acknowledges those businesses that have seen the highest revenue growth in percentage terms since 2019. We also recognize those that saw stratospheric growth in raw volume, based on the increase in revenue dollars.
As a group, the Fast 50 honorees saw their revenue grow by an average of more than 130% over the past three years. Including the dollar-volume honorees, the companies’ revenues grew by an average of $25.2 million. Corporate Traffic experienced three-year revenue percentage growth of 63.85% and volume growth of $85,747,782.
Corporate Traffic Logistics recently celebrated its 30th anniversary in 2022 and has received numerous awards for its company culture and growth, including Best Companies to Work for in Florida by Florida Trend, Best Companies to Sell For by Selling Power and Top 100 Logistics Company by Inbound Logistics and Transport Topics.