Freightquote News

Local Business Ranks #5 in Entrepreneur Magazine's Hot 100

Posted by FQ Admin on 6/1/2003

Freightquote.com is named one of the top 100 fastest-growing new entrepreneurial companies in America in the June 2003 issue of Entrepreneur magazine. Tim Barton founded Freightquote.com in 1998 with 5 initial employees and 2 million dollars. Today, with a staff of 250 and $56 million in sales for 2002, freightquote.com is number five on Entrepreneur's Hot 100 list.

The 9th Annual Hot 100 listing of fast-growing new businesses was compiled by Entrepreneur Magazine with assistance from Dun & Bradstreet, the global business information giant. Entrepreneur collected information and financial statements from up-and-coming entrepreneurial companies in D&B's extensive database. Then, Entrepreneur measured each company's sales growth from the date of inception, listing the businesses in growth order.

Each company that was considered for Entrepreneur's Hot 100 list was founded no earlier that 1998, had more than $1 million in annual sales for 2002, and has a founder who is actively involved in daily operations with a controlling interest in the business. The complete story and listing can be found in the June 2003 issue of Entrepreneur magazine.

About Freightquote.com:

Based outside Kansas City, Freightquote.com and its subsidiaries serve customers across North America. The company has over 900 employees and annualized revenues exceeding $400 million. Founded in August of 1998 by Tim Barton, Freightquote.com delivers a vast array of services for a large and diverse customer base. These services enable customers to instantly quote and compare freight rates of hundreds of national and regional freight carriers. Freightquote.com specializes in creating customized freight solutions to meet their customer’s needs, including LTL, truckload, intermodal and air freight options.

Visit http://www.freightquote.com for more information or call (800) 323-5441 to reach Freightquote.com directly.