Inside MigWay's Journey: How We Earned the Inc 5000 Award Five Years in a Row
Curious about how MigWay secured the #3,744 spot on the 2024 Inc 5000 list of Fastest Growing Companies in America, despite the global challenges of the past five years?
We are deeply grateful and humbled by this recognition among rising businesses. If someone had told us that MigWay would more than double in size during the pandemic, while many companies were closing their doors, we might have been skeptical. However, even amid unprecedented circumstances, doubt can creep into anyone's mind. Thankfully, we placed our trust in God, and He has never let us down. It has been a blessing to build a company that defines success by improving the lives of its people, and this achievement would not have been possible without our faith.
It says a lot when employees look forward to coming to work each day, especially in a fast-paced industry like transportation and logistics. By the end of this article, you'll understand how we've cultivated a work culture where both drivers and staff are eager to come to work, how we earned the Inc 5000 award, and why MigWay has experienced record-setting growth in recent years.
If you're:
- A truck driver seeking a company that stands out for doing things differently.
- A freight shipper or broker searching for a reliable carrier that values people and partnerships.
- A trucking company wondering what it takes to be recognized as one of America's fastest-growing businesses.
- Or if you’ve simply stumbled upon this blog post...
Keep reading to discover how we've redefined success by prioritizing people over profits, and the steps we've taken to achieve the Inc 5000 award five years in a row.
What is the Inc 5000?
The Inc 5000 list, published annually by Inc. magazine, celebrates the fastest-growing companies in America. Reaching over 50 million people across various platforms, this list is a prestigious acknowledgment of business success. Scott Omelianuk, Inc.'s editor-in-chief, has said, "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing."
Happy Drivers, Happy Life: The MigWay Approach
During times when furloughs and social distancing became the norm, MigWay’s leadership made a clear decision: our top priority would be the well-being of our people. Despite global challenges like economic instability, supply chain disruptions, and social unrest, we remained committed to caring for our team. We've provided them with the resources needed to live fulfilling lives and realize their full potential at one of the top private companies in the U.S. While many companies reduced pay or downsized during tough times, MigWay never cut the pay of its drivers and staff.
MigWay's success as one of America’s fastest-growing companies stems from our belief that if you take care of your people, they will take care of you. In an industry often characterized by overworked and underpaid employees, MigWay stands out by offering industry-leading pay, bonuses, and wellness programs that promote a balanced life. Our drivers and staff have access to chaplains 24/7 for support with personal, emotional, mental, and spiritual issues. These chaplains even visit drivers' homes to assist their families while they are on the road. Understanding that truck drivers miss their families just like anyone else, we ensure they are home each week to spend quality time with their loved ones. We encourage and empower our drivers to lead meaningful lives beyond the truck.
This focus on driver happiness has been crucial to MigWay's success, helping us earn the #3,744 spot on the Inc. 5000 list in 2024. We train our team to build strong, personal relationships with one another, fostering a family-like atmosphere where everyone feels valued and appreciated. MigWay drivers also operate the newest equipment, with the peace of mind that comes from knowing their safety is in the hands of a dedicated team of mechanics who love what they do. Our drivers are some of the happiest in the industry because they know we care about them as people, not just employees. This culture has attracted top talent and helped us retain drivers and staff well beyond the industry average.
Doing Things Differently: The MigWay Formula for Growth
In recent years, our top priority at MigWay has been building a great team and empowering them to reach their full potential. We're proud to see this vision come to life. This journey has shown us that the greatest joy in building a Top 5000 company comes not from counting profits but from witnessing the positive impact on our employees' lives. We are committed to continuing this approach, fostering an environment and culture at MigWay that equips our people to tackle any challenges life throws their way with a winning mindset, backed by a supportive family. Our ultimate goal is to shine a light on the trucking industry, inspiring it to value its people more and create happier, more fulfilling workplaces.
A heartfelt thank you to every driver, team member, customer, broker, and partner who has been part of our journey to becoming one of America’s fastest-growing companies! It's your support that has enabled MigWay to thrive, even in the face of global adversity.
Join us as we continue to work hard to make MigWay one of the fastest-growing companies in the world. Give us a call today, and let’s discuss how you can grow your career with a company that truly puts people first.