MoLo named one of Chicago’s Largest Privately Held Companies 2021

MoLo is proud to be named one of Chicago’s Largest Privately Held Companies by Crain’s Chicago Business. This data, published each Spring, sorts local companies based on their annual revenue. MoLo was also recognized for achieving one of the highest rates of revenue growth among companies on the list with a 112% increase from 2019 to 2020.     

Alongside this iconic list, Crain’s also published their findings on Chicago’s corporate landscape segmented by industry. According to Crain’s, of the 366 privately held companies listed in the print edition, only 22 businesses represent the transportation industry. Crain’s estimates that within the 2021 list of the largest privately held companies in Chicago, just over 4,000 local employees work in logistics. Crain’s also notes that the industry itself saw a 22.5% average change in revenue from 2019 figures.

This year—our first year included on the Crain’s Chicago Business list—we were ranked #185 out of 366 privately held companies in the print edition of the list. We closed 2020 with a revenue of $274M, which represented a 112% growth from the prior year, and we ended 2020 with 301 employees, 280 of whom were based in Chicago.  

With a strong start to 2021, we anticipate even better figures by the end of this year, aiming to close out 2021 with 500 employees and $500M in revenue.