Old Dominion Freight Line Inc. profits fell 22.3% year-over-year to $292.4 million in the second quarter of 2023 from $376.1 million in the year-ago period, it said.
July 31, 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 | 8,727 |
2 | Ryder Supply Chain Solutions | 6,000 |
3 | Werner Enterprises | 4,000 |
4 | Schneider | 3,930 |
5 | Penske Logistics | 3,734 |
6 | Ruan | 3,598 |
7 | NFI | 3,300 |
8 | Knight-Swift Transportation | 3,089 |
9 | Cardinal Logistics | 3,022 |
10 | U.S. Xpress Enterprises | 2,440 |
11 | Hub Group | 2,250 |
12 | C.R. England | 2,200 |
13 | Black Horse Carriers Inc. | 1,815 |
14 | UPS Supply Chain Solutions | 1,382 |
15 | DHL Supply Chain | 1,200 |
16 | Averitt Express | 1,123 |
17 | Commercial Warehousing | 1,000 |
18 | Universal Logistics Holdings | 930 |
19 | Marten Transport | 847 |
20 | Cowan Logistics | 766 |
21 | Celadon Group | 700 |
22 | AIM Integrated Logistics | 655 |
23 | Day and Ross Transportation Group | 629 |
24 | Odyssey Logistics & Technology | 600 |
25 | Performance Team | 600 |
26 | CRST The Transportation Solution | 500 |
27 | Bay and Bay Transportation | 500 |
28 | G&D Integrated | 468 |
29 | Landair | 430 |
30 | Lily Dedicated Logistics Systems | 415 |
31 | XPO Logistics | 400 |
32 | Sunteck TTS | 380 |
33 | Crowley Logistics | 335 |
34 | Leonard's Express | 330 |
35 | Warehouse Services Inc. | 314 |
36 | USA Truck | 311 |
37 | ITS Logistics | 300 |
38 | Dupré Logistics | 250 |
39 | LeSaint Logistics | 250 |
40 | Saddle Creek Logistics Services | 235 |
41 | ODW Logistics | 230 |
42 | ADS Logistics | 228 |
43 | Midwest Express Group | 221 |
44 | Dart Advantage Logistics | 216 |
45 | Legacy Supply Chain Services | 200 |
46 | East Coast Warehouse & Distribution | 190 |
47 | Kane Is Able Inc. | 165 |
48 | Evans Distribution Systems | 155 |
49 | Decker Truck Line | 140 |
50 | Atech Logistics | 135 |
51 | Verst Group Logistics | 130 |
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
Old Dominion Freight Line Q2 Profit Falls 22.3% Year-On-Year
ArcBest Q2 Profit More Than Halves on Weak Demand
ArcBest posted lower earnings and revenue on weaker demand for the second quarter, the Fort Smith, Ark.-based carrier announced July 28.
Amazon to Double Number of Same-Day Delivery Facilities
Amazon.com Inc. will double the number of U.S. same-day delivery facilities in the “coming years,” the company announced July 31.
Yellow Ceases Operations
Less-than-truckload company Yellow shut down operations, ending a nearly 100-year history as one of the nation’s largest carriers, and the company began posting notices at terminals.
Yellow Puts Logistics Division Up for Sale
Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business.
New Iowa Truck Road Unveiled at Missouri River Barge
A road partially funded by a $1 million U.S. government grant is enabling farmers to move freight from Interstate 29 directly to Iowa’s Port of Blencoe barge terminal on the Missouri River.
Senators Introduce Trucking Safety Bill
Legislation meant to promote highway safety by setting federal standards that further determine a carrier’s competence was recently introduced in the U.S. Senate.
Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge
Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.
Landstar Records Q2 Earnings Drop but Beats Expectations
Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.
Strategic Tactics Drive Cargo Theft Rise
The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics.