DETROIT - May 2, 2008 - Despite the uncertain economic environment, companies across the nation are continuing to spearhead inner city growth and strengthen local economies. One such company, Detroit-based third-party logistics provider, NLM (www.nlmi.com) has once again earned a spot on the Inner City 100 list as one of the fastest growing inner city companies in the nation. This marks the fourth year that NLM has garnered this highly coveted recognition.
The Initiative for a Competitive Inner City (ICIC), a national non-profit research organization and Inner City 100 award sponsor, and Inc., one of the leading national business magazines for fast-growing companies, ranked NLM 58th on this year's list announced May 1 at the 10th Annual Inner City 100 Summit in Boston.
NLM was selected as an Inner City 100 company from nearly 7,000 entrants vying for a spot as one of the nation's fastest-growing companies located in America's inner cities. The annual list celebrates entrepreneurship and business success, showcasing companies thriving in urban areas across the country and creating jobs, income and wealth for the inner city community.
"Our presence on the Inner City 100 list is a special honor since it not only recognizes our business successes but also our dedication to remaining in the inner city and strengthening the community," said Greg Humes, president of NLM. "NLM is committed to the inner-city of Detroit, which has been our headquarters since the company's inception."
NLM's growth and success are largely due to its future-focused approach to providing customers with innovative logistics services with unmatched expertise in a variety of industries. The company provides customers with a comprehensive suite of integrated logistics solutions including its OnGuard Critical and OnPoint Dynamic shipment management services; OnTrak solutions which encompass on-site management services such as inventory control and compliance and sub-assembly; and its OnLine Software solutions.
"We are delighted to celebrate businesses like NLM that are playing a critical role in urban communities throughout the country," said David G. Latimore, president and chief executive officer of the Initiative for a Competitive Inner City. "These high-growth businesses help create jobs, income, and wealth for local residents, and they prove our belief that the most effective way to create economic equality in America's inner cities is to focus on sustainable business growth and investment."
About the Initiative for a Competitive Inner City (www.icic.org)
The Initiative for a Competitive Inner City (ICIC) is a national not-for-profit organization founded in 1994 by Harvard Business School professor Michael E. Porter. ICIC's mission is to promote economic prosperity in America's inner cities through private sector engagement that leads to jobs, income and wealth creation for local residents. ICIC brings together business and civic leaders to drive innovation and action, transform thinking and accelerate inner city business growth and investment.
About Inc. (www.inc.com)
Inc is the leading magazine written for the men and women who own and manage small-to-mid-sized, fast-growing companies. Published 12 times a year, Inc helps its 1.5 million readers by providing expert advice and practical solutions as they face the opportunities, pitfalls, and rewards of growing a company. www.inc.com, the Web site for growing companies, was named Best Online Magazine by Folio and Best Overall New Publication (all media) by the Computer Press Association.
About NLM (www.nlmi.com)
NLM's AllWays On approach to transportation management, on-site and software solutions utilizing innovative, cost-effective technology ensures the most comprehensive source of logistics services for a variety of industries. Logistics Specialists onsite at the AllWays On Command Center - NLM's 24/7 virtual and physical solutions hub - provide industry expertise to manage any logistics situation using NLM's award-winning Web-based technology and its proven network of more than 950 carriers to ensure on-time delivery with the best shipment mode at the lowest possible price. NLM is distinguished by the expertise of its logistics specialist team, its proprietary approach to quality and proven technology applications the company creates and employs. An ISO-9001:2000 certified business; NLM continuously seeks to create innovations in anticipation of clients' needs. For more information, visit www.nlmi.com.
