A local transportation provider recently reached a growth milestone.
Grand Rapids-based Ally Logistics in March said it hit its $100 million revenue goal ahead of its 10-year anniversary in October.
As part of its growth, the transportation provider recently signed on for an office expansion of an additional 20,000 square feet in the space directly above its headquarters at 1090 36th St. SE, Suite 628, in Grand Rapids.
In addition to more work space, the expansion will allow for an additional kitchen and a larger gym for employees to use.
Founder and CEO Dan Manshaem said the new space will help Ally hit new targets in terms of growth.
“Due to the rapid growth we’re experiencing, we definitely felt an urgency to add the space above us,” Manshaem said. “We plan to add approximately 200 new jobs over the course of the next three to five years.”
Manshaem said the company also is considering the option of new satellite offices as a next step in supporting this ongoing growth.
Since 2021, Ally has had a 125% increase in employees and a 71% increase in load volume.
Manshaem said Ally also refreshed its mission “to move freight better.”
“That means delivering a higher service level, being a better partner to our carriers, being a better employer to our employees, and finding ways to give back to the community and make a positive impact,” he said.
The company has provided transportation and logistics services to hundreds of clients in the U.S. and Canada, even amid the COVID-19 pandemic.
“Initially, the pandemic felt like a major setback … but we ensured our employees that we would not be making any COVID-related layoffs,” Manshaem said. “That turned out to be a wise decision in that the market has really swung the other way.”
According to Manshaem, Ally’s new goal is to reach $1 billion in revenue within a five- to seven-year time frame.