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MADISON, WI, August 16, 2018. Transportation software company SwanLeap has topped Inc. Magazine’s latest ‘Inc.5000’ list of the fastest-growing private companies in America.

SwanLeap founder Brad HollisterAccording to the index, SwanLeap is leveraging AI across the supply chain to optimize transportation execution while helping companies “turn freight into a profit centre”. The company claims its technology can provide annualized savings of 26.7 percent to businesses.

Flexport founder Ryan PetersenEntering the Inc. 5000 list in 2017 at No.55 with US$99 million in revenue, SwanLeap has grown 75,660.8 percent over the past three years to put the five year-old software company in first place this year.

“If your company is on the Inc.5000, it is unparalleled recognition of your years of hard work and sacrifice,” observed Inc. editor-in-chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”

SwanLeap founder Brad Hollister (right) commented: “Although I envisioned this level of success from the beginning, it has been a hard road getting here. We’re doing something new, something very different and a lot of the market is just starting to understand that.”

Founded in 2013, the company, formerly ClearView Audit, provides transportation management systems, shipping technology, and freight payment and auditing software.

Another logistics software company has also made the Inc. 5000 list this year. Occupying the No.8 position is Flexport – “the modern freight forwarder” – that reported revenues of US$224.7 million in 2017 and has had a three-year growth trajectory of 15,911 percent.

Founded in 2013 by Ryan Petersen (left), the San Francisco-based startup says it helps companies like Bridgestone move freight globally by combining “powerful software and dedicated experts to give [them] accountability, peace of mind, and control over [their] supply chain”.