Arrive Logistics grows to 7 offices
This company is continuing to grow nationwide with more than $2.3 billion in annual revenue and more than 1,700 employees.
Arrive Logistics Inc. has expanded its network across the country by opening more offices outside of Texas.
The company has leased 15,000 sq. ft. for its new office located at 4940 South Wendler Drive, Tempe, Arizona. This is just outside Phoenix. J-Ann Tio, Chief Strategy Officer at the company, said that more than 30 people currently work in this office and they are looking to double their number by the end of this year.
She said, "We will continue to bring in top talent for our Phoenix offices." The current space can only accommodate a little over 130 people.
Tio stated that the company was looking for people to fill positions in accounting, sales, and business development.
Arrive made the decision to open a Tempe office based on its reputation as "a booming logistics hub", as well as the proximity of the company to their shipping and carrier partners. Arrive also surveyed current employees about their potential relocation options.
Tio stated that "Phoenix is consistently ranked high on this list."
Arrive opened a new office in Columbus, Ohio. This brings the total number of offices for Arrive to seven across the country. It opened offices last year in San Antonio, Tampa, Florida, and Guadalajara.
Columbus Business First reported that Arrive in Ohio has approximately 20 people working on 11,400 square foot -- and there is still room for growth, as the company can accommodate up to 135 people.
Last year, Arrive generated revenues of more than $2.3 Billion. Arrive has over 1,700 employees, and its network includes 70,000 carriers. According to its website, the company has 6,000+ customers, including US Foods and Kellogg's Co.
Matt Pyatt is the CEO and cofounder of Arrive. He stated, "We will continue to maintain Arrive's scalability as long as we keep our focus on what matters most to our partners, namely quality service, pricing and relationships." Our continued investment in these key areas allows us to maintain growth which outperforms that of our peers, and benefits our customers and carriers.
In April 2021, the company announced a $300-million funding round led New York City's private equity firm ATL Partners. Arrive was able to recover from a turbulent 2020 when it had a 10% layoff or furlough of its staff due to the Covid-19 pandemic. This funding round followed a series B funding round in 2019 that raised $25 million.