Logistics Plus Makes Inc. 5000 Annual List of Fastest-Growing Private Companies for a Ninth Time
Logistics Plus appears on the list for the sixth time in the past seven years and the ninth time overall.
ERIE, PA (August 14, 2024) – Logistics Plus, Inc. (LP), a global leader in transportation, logistics, and unique supply chain solutions, is proud to announce it has been included on Inc. magazine’s 2024 Inc. 5000 list, an exclusive ranking of the fastest-growing private companies in America. LP made the list with an impressive three-year sales growth rate of over 76% from 2020 to 2023 for its U.S.-based operations. Logistics Plus has made the list for the sixth time in the past seven years and the ninth time overall since 2007. LP was one of only three companies based in Erie, Pennsylvania, and one of only 166 logistics and transportation companies to make the 2024 list.
The Inc. 5000 class of 2024 represents companies that are building the future. This year’s top companies had a median three-year revenue growth rate of 208 percent, adding over 874 thousand jobs to the economy.
“This month, we are celebrating our 28th anniversary,” said Jim Berlin, Founder and CEO of Logistics Plus. “Our whole business plan is based on growing and helping our customers figure things out. Growth allows us to offer employees opportunities to advance, try new things, and provide new solutions for our customers. That’s pretty cool.”
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. Growth rates used to determine company rankings were calculated to four decimal places. All honorees must pass Inc. editorial review. For complete results of the Inc. 5000, including company profiles, go to https://www.inc.com/inc5000.
About Logistics Plus, Inc.
Logistics Plus, Inc. (LP) is a 21st-century logistics company and a leading worldwide provider of transportation, warehousing, fulfillment, global logistics, business intelligence, technology, and supply chain solutions. LP works in the background to help businesses manage their supply chains in an ever-changing world. Founded in 1996, today LP has annual global sales of over $600M with more than 1,200 employees located in 50+ countries worldwide. LP is recognized as one of the fastest-growing privately-owned logistics companies, a top 3PL provider, a top 100 logistics company, a top freight brokerage and warehousing provider, and a great place to work. With a Passion For Excellence™, its employees put the PLUS in LOGISTICS by doing the big things properly, plus the countless little things that together ensure complete customer satisfaction and success.
Please be advised that U.S. Customs and Border Protection (CBP) announced an increase in the Merchandise Processing Fee (MPF), which will commence on October 1, 2024.
The MPF is a user fee that the CBP charges in addition to U.S. Customs Duty. MPF for formal entries is an ad valorem fee of 0.3464%. The fee is based on the value of the merchandise being imported, not including duty, freight, and insurance charges.
Current minimum MPF: $31.67
New minimum MPF: $32.71
Current maximum MPF: $614.35
New maximum MPF: $634.62
MPF for informal entries is a set fee assessed on goods transported to the U.S. via air, ship, or international mail.
Current informal entry fee: $2.53
New informal entry fee: $2.62
Formal and informal entries are subject to a manufacturing processing fee. The Code of Federal Regulations 19 CFR 21.23(b)(1) requires the importer of record to pay the fee to CBP at the time of presenting the entry summary. Formal entries are required for imports of commercial goods valued at $2,500 or more.
Informal entries generally do not require a CBP bond and are usually for personal use imports or commercial imports valued at less than $2,500 (only if the Port Director requests based on importation).
Logistics Plus would like to inform you of an upcoming change to our Pier Pass Fee due to a change in charges regulated by the marine container terminals at the Port of Long Beach and Los Angeles.
The West Coast MTO Agreement (WCMTOA) announced on August 1st, 2024, that on September 1, 2024, the Traffic Mitigation Fee (TMF) at the Ports of Los Angeles and Long Beach will increase by 6%. The adjustment matches the combined 6% increase in longshore wage and assessment rates recently ratified in the coastwide contract between the International Longshore and Warehouse Union and the Pacific Maritime Association.
Beginning September 1, 2024, the TMF will be $37.71 per TEU (twenty-foot equivalent unit) or $75.42 per forty-foot container. The TMF is charged on non-exempt containers. Containers exempt from the TMF include empty containers; import cargo or export cargo that transits the Alameda Corridor in a container and is subject to a fee imposed by the Alameda Corridor Transportation Authority; and transshipment cargo. Empty chassis and bobtail trucks are also exempt.
We would like to take this opportunity to say thank you for doing business with us. Please contact your local sales or customer service representative if you have any questions.
Francisco Tijerina, Director of Logistics Plus Mexico, was featured in the July 2024 Voice of the Independent newsletter. On page 6 of the publication, Francisco discussed the challenges for Latin America’s small-to-medium-sized enterprises in the post-COVID era.
Francisco commented on how the current global trading situation has proved beneficial to Latin America. “For years, countries in the region have been working to get a more open market system, negotiating Free Trade Agreements among the close-by nations, as well as participating in negotiations with the strongest countries in every continent.” Francisco added, “These initiatives have put them in an ideal situation to mediate commercially between China and the United States.”
To read the full newsletter or Francisco’s feature on page 6, please click the image below.
(Click to read the newsletter)
About Voice of the Independent
Established in June 2011, Voice of the Independent not only has the most comprehensive worldwide circulation of any logistics industry periodical, but also has the lowest advertising rate of any publication (in terms of cost per thousand). It is now firmly established as a premier information and marketing source for all independent logistics providers and shippers.
Logistics Plus Selected as a Top 100 3PL Provider by Inbound Logistics for a Third Year
The annual lists recognized the top third-party logistics providers deemed the best of the best by Inbound Logistics editors.
ERIE, PA (July 30, 2024) – Logistics Plus, Inc. (LP), a global leader in transportation, logistics, and unique supply chain solutions, is proud to announce it has been selected as a 2024 Top 100 3PL Provider by Inbound Logistics, a leading supply chain and logistics industry publication. It’s the third consecutive year that Logistics Plus has been named to the list. The Top 100 list appears in the Inbound Logistics July 2024 edition and across all content platforms—magazine, digital, web, and apps.
“Flexibility and scalability are the themes of our annual 3PL edition – and for good reason,” said Felecia Stratton, Editor for Inbound Logistics. “Outsourcing supply chain, logistics and transportation solutions to a trusted partner is never more important than when it’s time to prepare for growth, and the Inbound Logistics Top 100 3PLs deliver.”
“It sounds a little simplistic, but I really think our growth goes back to our culture,” said Jim Berlin, Founder & CEO of Logistics Plus. “We’ve been doing this for 27 plus years now, we’ve grown every year, and we’re debt-free, so I am very proud of what our team has and continues to accomplish together.”
Inbound Logistics (IL) is the pioneering magazine empowering demand-driven enterprises. IL’s educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. More information about demand-driven enterprise practices is available at inboundlogistics.com.
About Logistics Plus, Inc.
Logistics Plus, Inc. (LP) is a 21st-century logistics company and a leading worldwide provider of transportation, warehousing, fulfillment, global logistics, business intelligence, technology, and supply chain solutions. LP works in the background to help businesses manage their supply chains in an ever-changing world. Founded in 1996, today LP has annual global sales of over $600M with more than 1,200 employees located in 50+ countries worldwide. LP is recognized as one of the fastest-growing privately-owned logistics companies, a top 3PL provider, a top 100 logistics company, a top freight brokerage and warehousing provider, and a great place to work. With a Passion For Excellence™, its employees put the PLUS in LOGISTICS by doing the big things properly, plus the countless little things that together ensure complete customer satisfaction and success.
Logistics Plus Founder and CEO Jim Berlin was featured on a recent ‘Growth Think Tank’ podcast episode #1111 hosted by Gene Hammett. The episode is titled Hiring for Entrepreneurial Spirit to Drive Predictable Growth. Watch the full interview below, or visit the following website to listen to the audio podcast:
In this episode, Jim and Gene explore the concept of “Hiring for Entrepreneurial Spirit.” Jim shares his insights on how hiring individuals with an entrepreneurial spirit can drive predictable growth and innovation within an organization. Discover the strategies he uses at Logistics Plus to identify and attract these unique talents. Learn how fostering an entrepreneurial mindset among employees can increase adaptability and success. Tune in to gain valuable tips on Hiring for Entrepreneurial Spirit and how it can transform your business, emphasizing the critical role of Hiring for Entrepreneurial Spirit in achieving long-term success.
ERIE, PA (August 14, 2024) – Logistics Plus, Inc. (LP), a global leader in transportation, logistics, and unique supply chain solutions, is proud to announce it has been included on Inc. magazine’s 2024 Inc. 5000 list, an exclusive ranking of the fastest-growing private companies in America. LP made the list with an impressive three-year sales growth rate of over 76% from 2020 to 2023 for its U.S.-based operations. Logistics Plus has made the list for the sixth time in the past seven years and the ninth time overall since 2007. LP was one of only three companies based in Erie, Pennsylvania, and one of only 166 logistics and transportation companies to make the 2024 list.
Visit https://www.inc.com/profile/logistics-plus to view the Logistics Plus verified profile.
