Transportation Insight, LLC, Hickory, N.C., announced plan to triple the size of its business over the next six years by capitalizing on the substantial investments it has made in talent and technology. In its growth strategy, branded “Vision 20/20,” Transportation Insight presented a 6-year financial plan to become a $3.5-$5 billion company by Jan. 1, 2020.
The 3PL provider shared its vision for growth with area government officials as it unveiled plans to move its headquarters to a new corporate campus. The complex will provide lifestyle business facilities to accommodate more than three times the current Hickory workforce.
“Since our founding in 1999, we have been committed to accelerated growth and continuous improvement for both our clients and for our company,” says Chris Baltz, president and CEO. “Now having over 400 enterprise clients across North America, we can leverage our investments in technology, supply chain analytics, network optimization and business intelligence to provide a market leading platform of continuous improvement across over 400,000 shipping and receiving locations.”
Baltz adds, “Given the competitiveness of our global marketplace, now more than ever manufacturers, distributors and retailers are turning to 3PLs to provide the expertise, processes and systems necessary to compete across worldwide supply chains. A differentiator for Transportation Insight and the key to our success is our relentless commitment to helping our clients prosper in their marketplace. By designing efficient supply chain networks powered by technology-enabled systems, our clients have a competitive advantage. In many cases, global businesses are transformed from surviving to thriving.”
Vision 20/20 roadmaps the strategy for both organic and acquisition-related growth. One of the first initiatives in Vision 20/20 is the development of a new corporate campus created to provide the quality of workplace life. The $8 million hosiery mill renovation, located in downtown Hickory, N.C., also supports the city’s desire to revitalize its downtown corridor. When complete, the campus will encompass 11 acres with 70,000 square feet of office space and 15,000 square feet of indoor exercise/athletic facilities. The complex will also feature athletic fields, outdoor basketball courts, significant green space and a full-service cafeteria with a chef specializing in healthy cuisine.
The corporate campus will foster a vibrant lifestyle, which active professionals are seeking today, says Paul Thompson, chairman and founder.
“Transportation Insight remains committed to the well-being of all of its associates by facilitating the opportunity for physical activity and healthy lifestyles,” he adds.” Transportation Insight also recognizes many young adults today value an urban work/life environment within a livable community where they can experience daily outdoor living and recreation activities. Transportation Insight is committed to investing in a lifestyle business that promotes physical activity and a better overall quality of life for its associates.”
Transportation Insight will begin construction on the new campus facility immediately, and is expected to be completed by mid-2015.