The trucking merger and acquisition market is showing early signs of a rebound after a slowdown this year caused by uncertain freight and financial conditions.
September 27, 2023Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dedicated Contract Carriers
Rank | Company | Total Power Units |
---|---|---|
1 | J.B. Hunt Transport Services | 7,208 |
2 | Swift Transportation | 4,890 |
3 | Ryder Supply Chain Solutions | 4,540 |
4 | XPO Logistics | 4,210 |
5 | Werner Enterprises | 3,580 |
6 | Ruan | 3,501 |
7 | Penske Logistics | 2,782 |
8 | NFI | 2,305 |
9 | U.S. Xpress Enterprises | 1,800 |
10 | UPS Supply Chain Solutions | 1,382 |
11 | Averitt Express | 1,198 |
12 | Estenson Logistics | 1,140 |
13 | Universal Logistics Holdings | 965 |
14 | Performance Team | 910 |
15 | DHL Supply Chain | 865 |
16 | Cowan Logistics | 766 |
17 | Celadon Group | 700 |
18 | TTS | 605 |
19 | Ceva Logistics (North America) | 604 |
20 | Dupre[singlequote] Logistics | 600 |
21 | AIM Integrated Logistics | 515 |
22 | Bay and Bay Transportation | 500 |
23 | CRST The Transportation Solution | 500 |
24 | Lily Dedicated Logistics Systems | 415 |
25 | Crane Worldwide Logistics | 371 |
26 | Warehouse Services Inc. | 314 |
27 | Landair Dedicated | 280 |
28 | Fidelitone | 191 |
29 | Saddle Creek Logistics Services | 178 |
30 | Kenco Group | 167 |
31 | East Coast Warehouse & Distribution | 140 |
32 | Keller Logistics Group | 115 |
33 | Allen Lund Co. | 110 |
34 | Leonard's Express | 100 |
Top 50 Logistics Companies provide logistics services, including freight brokerage, freight forwarding, warehousing and dedicated contract carriage in North America and are ranked on the basis of annual gross revenue. Some sector rankings may have been updated since their print publication. To be included in the Top 50 list, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 50 list.
Extras
On the Bubble
Trucking M&A Market Shows Signs of Rebound
House Policymakers Eye Supply Chain Reforms
Ensuring the safety and efficiency of the nation’s supply chain is an ongoing priority for key policymakers in the U.S. House of Representatives.
Freight Brokers Adjust as Market Power Swings to Shippers
Throughout the pandemic-influenced years of 2020 through 2022, third-party logistics providers and freight brokers assuaged shippers by simply locating a truck for their freight.
$1.4 Billion Committed to Rail Safety, Supply Chain Boost
WASHINGTON — The Biden administration announced Sept. 25 that it has awarded more than $1.4 billion to projects that improve railway safety and boost capacity.
September 25, 2023Hapag-Lloyd to Install Satellite Internet on Containerships
Hapag-Lloyd AG, the biggest container shipping line based in Germany, said Sept. 21 it will install SpaceX’s Starlink internet service aboard the ships it owns and manages.
Biden Orders Continued Monitoring of Norfolk Southern
President Joe Biden ordered federal agencies to continue holding Norfolk Southern accountable for its February derailment in eastern Ohio and appoint a FEMA official to oversee East Palestine’s recovery, but he still stopped short of declaring a disaster.
Port Volumes Decline in August
Container volumes trended mostly into negative territory in August at facilities along the Pacific, Atlantic and Gulf of Mexico coasts, with a modest gain at the Port of Los Angeles.
Census Bureau Contest Seeks Supply Chain Data Ideas
The shifting logistics challenges fueled by the growth of e-commerce are the catalyst for a national competition sponsored by the U.S. Census Bureau.
Amazon to Hire 250,000 for Holidays, Boost Wages
Amazon.com Inc. will hire 250,000 employees this holiday shopping season and boost average pay for logistics personnel as it seeks to recruit and retain workers amid a labor shortage.
Tonnage Dips 2.3% in August
Truck tonnage in August declined 2.3% compared with year-ago levels but inched up sequentially for the second consecutive month.