Coastal Logistics Group, Inc. Recognized in Inc. Magazine

SAVANNAH, GA September 9, 2010 –Coastal Logistics Group, Inc.(CLG) has been recognized as one of the nation’s fasted growing companies on Inc. Magazine’s 500/5000 list.  This is the second year in a row that CLG has been included on the list which includes the country’s most innovative and dynamic privately-held companies.

news-generic-7-1080px.jpg

Coastal Logistic Group’s success is driven by customer solutions.  They continue to expand and meet the unique needs of their customers through operational excellence and quality assurance.  Operational expansion continues with the opening of a new facility in November 2010, which will include over 320,000 sq ft of warehouse space and direct access to the Norfolk Southern rail.  This will allow current and potential customers a new option in transporting commodities within their logistics chain.  Also this year the company was awarded by U.S. Customs and Border Protection its customs bond which reflects the quality principles, training and technologies used in managing and tracking customers inventory. 

“We are very pleased to have been recognized for a second year and look forward to continued growth.  Our people are the best in the industry and continually focus on the customer’s needs by improving processes, standards and services as the customer’s company grows and changes.  This is not a stagnate industry and we realize that adaptation to new challenges is the key to give our customers the solutions they need to succeed.”, said President, Chad Barrow. 

The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2009. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. The top 10 percent of companies on the list constitute the Inc. 500, now in its 29th year. 

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.

Bonny Woods