COFC Ranks 94 on the Inc. Magazine’s Fastest-Growing Companies: Midwest

May 11th, 2020 Posted by News 0 comments on “COFC Ranks 94 on the Inc. Magazine’s Fastest-Growing Companies: Midwest”

        

The Inc. 5000 Series: Midwest

 COFC Logistics, LLC Ranks No. 94 on the inaugural 2020 Inc. 5000 Series: Midwest With Two-Year Revenue Growth of 194 Percent

 

NEW YORK, March 25, 2020Inc. magazine today revealed that COFC Logistics, LLC is No. 94 on its inaugural Inc. 5000 Series: Midwest list, the most prestigious ranking of the fastest-growing private companies in Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest economy’s most dynamic segment—its independent small businesses.

“This recognition by Inc. magazine honors the hard work of the COFC team and would not be possible without the continued support of our customers. They are the backbone of our success” says COFC’s Founder and President Garry Old. “In addition to general Midwest ranking, COFC is ranked #10 in the Logistics & Transportation industry sector.”

The companies on this list show stunning rates of growth across all industries in the 12 Midwest states. Between 2016 and 2018, these 250 private companies had an average growth rate of 360 percent and, in 2018 alone, they employed more than 27,000 people and added $13 billion to the Midwest’s economy. Companies based in the Chicago, Detroit, and Cincinnati areas brought in the highest revenue overall.

Complete results of the Inc. 5000 Series: Midwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/inc5000-series-midwest-2020 starting March 25, 2020.

“The companies on this list demonstrate just how much the small-business sector impacts the economies of each Midwest state,” says Inc. editor in chief Scott Omelianuk. “Across every single industry, these businesses have posted revenue and growth rates that are beyond impressive, further proving the tenacity of their founders and CEOs.”

More about COFC Logistics:

COFC Logistics is an independent supplier of intermodal equipment and ramp to ramp service specializing in 53’ containers. COFC’s service was designed exclusively for IMC’s, 3PL’s, Brokers, Motor Carriers and other intermediaries. COFC is prohibited from working directly with Beneficial Cargo Owners (BCO) and currently operates in over 95 lanes of service throughout the U.S. and Mexico.

CONTACT:    For more information about COFC Logistics please contact Robin Harter, Vice President, robin.harter@cofclogistics.com or (419) 410-9074

 More about Inc. and the Inc. 5000 Regional Series

 Methodology

The 2020 Inc. 5000 Regional Series is ranked according to percentage revenue growth when comparing 2016 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2018 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.