Crain’s Chicago Business Names DeSpir Logistics a Fast 50 Company for Second Year in a Row
Underscores rapid growth and continued success of leading transportation logistics provider for mission-critical cargo
Written by: Laurie Cairns
CHICAGO, June 19, 2023 – DeSpir Logistics, LLC, the leading specialty transportation logistics provider (3PL) for time-sensitive mission-critical cargo, has been named to the 2023 Crain’s Chicago Business Fast 50 list. This distinction marks the second consecutive year in which DeSpir has appeared in the annual ranking. Companies that make it onto Crain’s Fast 50 list are bona fide industry leaders whose five-year revenue performance is verified by an independent financial review.
DeSpir focuses on expedited, ultra-high-value cargo – much of which is cold chain – for a variety of industries and products including pharmaceuticals, life sciences, high-value electronics, emerging technologies, and medical devices and equipment.
“We are thrilled to be recognized as one of the fastest growing companies in Chicago by Crain’s for the second year in a row,” said DeSpir Co-founder John Carr. “We are grateful that our growth continues to be recognized, and are honored to have earned the trust of our clients, many of whom ship life-critical medications and market-moving products.”
DeSpir was founded with a mission to safeguard products that make a difference in the health and wellbeing of businesses and people. The company was built on a proprietary Quality Management System (QMS) that sets industry-leading standards for their internal service teams as well as their qualified carrier network, which is rigorously vetted and monitored. This year, DeSpir launched its own telemetry system that provides continuous visibility of shipments. The system is managed by the company’s in-transit security teams which include former law enforcement officials and experienced logistics professionals.
“As a veteran in pharmaceutical logistics, I understand the criticality of product safety and integrity. And, as a Midwest Cargo Security Council Board Member, I’m very aware the staggering increase in cargo theft, fraud and other criminal activity, which, according to CargoNet has risen by 41% over 2022 levels,” said Co-Founder Ron Devitt. “We founded DeSpir with the goal of raising service levels for high-value shipments – and we believe that our standards exceed industry standards.”
About DeSpir Logistics
Founded in 2014, DeSpir Logistics, LLC is a leading specialty transportation logistics provider (3PL). The company provides on-demand access to a network of qualified carrier partners that follow rigorous protocols and processes for transporting mission-critical cargo. DeSpir is laser focused on safeguarding ultra-high-value and highly targeted cargo, including pharmaceuticals, life sciences, high-value electronics, emerging technologies, financial assets, medical devices and equipment, and more. They have received multiple awards for their leadership in preventing cargo theft by CargoNet, the cargo theft prevention and recovery network.
About Crain’s Chicago Business
Crain’s Chicago Business is the top source of news, analysis and information on business in metropolitan Chicago for decision-makers in the private and public sectors. Crain’s publishes a weekly business magazine, providing deeper analysis, commentary, special reports and features. Crain’s also produces databases, live events and sponsored content, all with the aim of deepening readers’ understanding of local business.