Global transport marketplace uShip joins the prestigious Inc. 500 after posting 790% revenue growth between 2006 and 2009. uShip joins 12 other Austin companies on the list and is one of just eight Logistics and Transportation companies to make the list.
AUSTIN, Texas – Tuesday, August 24 –
uShip, the global online transport marketplace, today announced that it has been named to the 2010 Inc. 500, a prestigious list that ranks the most entrepreneurial and fastest-growing private companies in America. Ranked No. 378, uShip is making its first appearance on the list after experiencing 790 percent revenue growth from 2006 through 2009. In 2009, uShip earned $5.4 million in revenue.
- No. 378 of 500 on the Inc. 500 List
- No. 8 of 13 Austin-based companies (uShip’s headquarters)
- No. 37 of 52 companies from Texas
- No. 7 of 8 companies in the Logistics and Transportation category
“Making this year’s Inc. 500 list is certainly another milestone for uShip,” said Matt Chasen, CEO and founder of uShip. “The incredibly strong year-over-year revenue growth we’ve experienced domestically since 2006 has not only strengthened our U.S. market share but also allowed us to grow aggressively on a global basis, including the U.K., Germany, and Australia, as well as other Western European countries to come.”
Since 2004, uShip has provided one of the most eco-friendly solutions to transport and shipping, an industry that’s historically been an enormous contributor to global emissions. By using uShip, people are often filling extra space in delivery vehicles already making the trip, resulting in fewer excess trucks on the road and more affordable delivery costs. To date, 210 million miles have been offset by transporters on uShip.
This year’s list measures revenue growth from 2006 through 2009. To qualify, companies had to be US-based, privately held, for-profit, and independent as of Dec. 31, 2009. Inc. 500 companies represent the top tier of the Inc. 5000. To view the full Inc. 500 list, visit http://www.inc5000.com
uShip helps relieve the stress and high cost of moving hard-to-ship items, such as cars, furniture, pianos, boats, freight/haulage, heavy equipment, and more. As the first and largest online transport marketplace, uShip connects people and businesses with feedback-rated transporters. Carriers place competitive bids to win business, often filling extra space in their trucks and saving customers an average of 50 percent. The uShip marketplace has attracted $150 million in business transactions, one million listings and 170,000 service providers. Launched in 2004, uShip operates globally with localized functionality in the United States, Canada, United Kingdom, Germany, European Union and Australia.