In a notable achievement,
Interstate Group Holdings, Inc., based in Springfield, Virginia, has been recognized as one of the fastest-growing privately-owned companies in the Mid-Atlantic region, securing the
125th position on
Inc. magazine's sixth annual
Inc. Regionals Mid-Atlantic list. This accolade highlights the firm's consistent growth trajectory over its 82 years of operation, showcasing its ability to adapt and thrive amid fluctuating economic conditions.
Founded in
1943 by
Arthur E. Morrissette, Interstate has established itself as a prominent player in the moving, relocation, and logistics sector. With over
75 local drivers and several independent contractors, the company has developed a robust network capable of handling various moving and logistics needs, serving both public and private sector clients. CEO
Bud Morrissette remarked, "We pride ourselves on being a family-owned business that's still thriving after 82 years. Even with rapid technological changes, the demand for reliable moving services remains constant. Our dedicated workforce is the backbone of our success, allowing us to expand our reach and services globally."
Interstate's extensive service offerings cater to a broad spectrum of industries, ensuring that it can meet diverse logistical requirements. The company plays a vital role as a truck staging partner and honor fleet participant for the
Wreaths Across America initiative, connecting it with the community and showcasing its commitment to social responsibility.
The recognition by
Inc. is a testament to Interstate’s resilience. Despite challenges such as inflation, supply chain disruptions, and economic uncertainties, the company has managed to innovate and adapt effectively. Bonny Ghosh, editorial director at
Inc., emphasized that this year's honorees have not just weathered adversity but have emerged as leaders in their respective industries, marking them as crucial growth engines in their regions.
The methodology behind the
Inc. Regionals rankings underscores the vitality and competitiveness of the firms included. Companies are assessed based on their revenue growth over a two-year period, with stringent criteria for inclusion, including a minimum revenue threshold and independence from corporate subsidiaries.
Interstate exceeded these prerequisites, underlining its status as a formidable entity in the logistics landscape.
With annual revenues exceeding
$100 million and managing over
$1 billion in customer goods and property yearly, Interstate exemplifies success in the logistics sector. Its corporate headquarters in Springfield, Virginia, serves as the operational base from which it continues to grow and deliver quality service to its clients.
To explore more about Interstate and its service offerings, individuals can visit the official website at
moveinterstate.com.
This recognition not only marks a milestone in Interstate's long history but also sets the stage for future growth as it continues to expand its services and adapt to the evolving demands of the logistics industry, thereby maintaining its reputation as a leader in moving and relocation services.