Leveraging Logistics Blog

Today, Inc. Magazine revealed that InTek Freight & Logistics is No. 1541 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. “We’re incredibly honored to be a part of the Inc. 5000 this year,” said Rick LaGore, InTek CEO. “The tremendous growth we’ve experienced is a testament to our excellent team and the many wonderful partners we work with both in Indiana and across the country.”

InTek Freight and Logistics, Inc. is proud to be listed fourth on the latest FAST 25 list from the Indianapolis Business Journal (IBJ), with 340% growth with $59.9 million in revenue. The annual FAST 25 Listing recognizes the fastest growing privately held companies in the Indianapolis area. This is InTek's second consecutive year on the list, as it came in third in 2021 - with 242% growth.

Forecasting freight demand is an important practice, as it provides shippers and carriers alike a window into what's to come - allowing them to budget funds and resources accordingly. While an inexact science - as no one can perfectly predict the future - the best methods of forecasting freight demand use modeling that takes into account past patterns, current market conditions, potential rising issues that could affect freight movement and more to paint a picture of capacity and cost moving forward. Fortunately the inexact science has become a bit more exact in recent years as data collection and availability is much more prevalent thanks to increased digitization through the use of TMS (transportation management systems) and other technologies. The big thing to remember for both shippers and carriers, is to avoid focusing only on internal data when forecasting freight demand, and consider the bigger picture. How you approach your freight costs and optimize your freight spend may depend on it.

There are a number of reasons why shippers should care about sustainability. Looking at its most basic definition, sustainability means practices that can be maintained over the long haul. And in the modern sense, that carries over to practices today that won't cause undue environmental harm and thus hurt tomorrow. For shippers, finding solutions that work long-term seems like a pretty good idea. On top of that, customers care about sustainability, too. That means they're more likely to use shippers who share that value and use sustainable methods. Yet another reason shippers should care about sustainability? While in some cases there may be higher upfront costs - though not always - environmentally friendly shipping practices often save money over time. Plus, governments care about sustainable practices as well and tend to offer tax incentives to companies who adopt them. And finally, aside from all those factors, sustainability is the right thing to do for society - and future generations.

Let’s face it, the freight audit and pay process is one of the least favorite tasks within the logistics industry.  One would think moving freight from anywhere in the country to anywhere in the country on any given day comes with challenges that would never approach paying a bill, but that is just not the case.  

Managed transportation services continue to be the #1 topic we talk with shippers about as they look to optimize their supply chain performance against the challenging backdrop of rising freight rates, tight truck capacity, along with changing and more challenging customer requirements.

InTek Freight & Logistics Inc. is Named 3rd Fastest Growing Privately Held Company in Indianapolis, Indiana InTek Freight and Logistics, Inc. is excited to announce it was the 3rd fastest growing privately held company in Indianapolis and surrounding counties, according to the Indianapolis Business Journal Annual FAST 25 list published October 15, 2021. The 242% growth ($39.8 million) was measured by revenue for the 3-year period between 2018 and 2020.

The decision to outsource your logistics functions is not one to be made lightly, but a choice thousands of other companies have successfully executed.

We talk with hundreds of transportation management software (TMS) system buyers every year.  

The cloud TMS evolution has not only brought capabilities that were unthinkable just a few years ago, but it has also opened up the opportunities of companies of all sizes to top ties systems that previously were off limits because of cost.