Business, Freight News, Logistics

Unishippers Global Logistics Enjoys Record-Breaking 2015

[ January 11, 2016   //   ]

In 2015, the third party logistics (3PL) sector continued to gain momentum as more small- to medium- sized businesses sought shipping partners to help them gain a competitive advantage in the marketplace. Unishippers Global Logistics, LLC indicates this trend by capping off another year of positive growth and being honored once again by Entrepreneur Magazine in their annual list of the top franchise opportunities.
In the company’s eighth consecutive year on the Franchise 500® list, Unishippers climbed an impressive 157 spots from last year’s ranking to land at no. 178. Noted as the world’s first, best and most comprehensive franchise ranking of the top franchise opportunities in the United States, the magazine recognizes Unishippers for its exceptional performance in areas such as financial strength and stability, growth rate and size of the franchise system. “It is an honor to see the company’s ranking skyrocket this year to put us in the top 200,” said Kevin Lathrop, President of Unishippers Global Logistics. “There have been many notable highlights for the company over the past year, including the launch of our new best-in-class, user-friendly transportation management website which provides our customers with access to an easy-to-use dashboard and the sale of 20 franchises to new owners.”
In June, Unishippers achieved record-breaking revenue of $44.4 million, outpacing the previous record of $41.2 million. The company continued that growth trend throughout the year, topping $451 million in annual revenue at 2015’s year end.
Furthermore, Launch Logistics, LLC, a subsidiary of Unishippers, also experienced rapid growth throughout the year and accelerated its hiring efforts to meet demand. Since its establishment, Launch Logistics’ primary focus has been on customer satisfaction, sales efficiency, customer retention and testing out new operational techniques and technology that can then be passed on to the greater Unishippers franchise system.
“Launch Logistics has been a game-changer for Unishippers,” said Joe Curtis, President of Launch Logistics, noting that the Unishippers subsidiary, in only its second year, has an estimated annual revenue of more than $20 million and hired more than 40 employees in their Salt Lake City office. Launch Logistics’ rapid growth earned the company a debut spot on the prestigious Inc. 5000 list.
Among Unishippers many accolades in 2015, the company received its fourth consecutive ranking as a Top 50 franchise in the business services category by Franchise Business Review, was again honored by Transport Topics as Top 25 Freight Brokerage Firm, and was named a top veteran-friendly franchise by Military Times.