UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 2022Logistics 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 | 10,115 |
2 | Knight-Swift Transportation | 6,188 |
3 | Ryder Supply Chain Solutions | 6,000 |
4 | Werner Enterprises | 4,500 |
5 | NFI | 4,000 |
6 | Schneider | 3,917 |
7 | Ruan | 3,704 |
8 | Penske Logistics | 3,494 |
9 | Cardinal Logistics | 3,155 |
10 | U.S. Xpress Enterprises | 2,700 |
11 | DHL Supply Chain | 2,400 |
12 | C.R. England | 2,200 |
13 | Black Horse Carriers Inc. | 2,104 |
14 | Covenant Logistics Group | 1,584 |
15 | Hub Group | 1,386 |
16 | UPS Supply Chain Solutions | 1,382 |
17 | Averitt Express | 1,348 |
18 | Marten Transport | 1,111 |
19 | Day and Ross Transportation Group | 1,016 |
20 | Commercial Warehousing | 1,000 |
21 | Universal Logistics Holdings | 925 |
22 | Cowan Logistics | 766 |
23 | AIM Integrated Logistics | 703 |
24 | Celadon Group | 700 |
25 | Paper Transport | 670 |
26 | Ceva Logistics (North America) | 604 |
27 | Odyssey Logistics & Technology | 600 |
28 | Performance Team | 550 |
29 | CRST The Transportation Solution | 500 |
30 | G&D Integrated | 468 |
31 | Transervice Logistics | 435 |
32 | Bay and Bay Transportation | 425 |
33 | Lily Dedicated Logistics Systems | 415 |
34 | XPO Logistics | 400 |
35 | Sunteck TTS | 380 |
36 | Crowley Logistics | 335 |
37 | Dupré Logistics | 330 |
38 | Legacy Supply Chain Services | 325 |
39 | Warehouse Services Inc. | 314 |
40 | USA Truck | 311 |
41 | Buchanan Hauling & Rigging | 310 |
42 | Redwood Logistics | 286 |
43 | LeSaint Logistics | 250 |
44 | ITS Logistics | 250 |
45 | Dart Advantage Logistics | 238 |
46 | East Coast Warehouse & Distribution | 230 |
47 | A. Duie Pyle | 222 |
48 | Midwest Express Group | 221 |
49 | Saddle Creek Logistics Services | 220 |
50 | ODW Logistics | 215 |
51 | PAM Transport | 200 |
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
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
Shopify Will Cut 10% of Staff as e-Commerce Activity Retreats
Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce July 26, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly coming out of the COVID-19 pandemic didn’t pay off.
July 26, 2022Trucker AB 5 Blockade Ends at Port of Oakland
Fruit, nuts and wine are again flowing through the Port of Oakland after truckers quietly ended a multiday blockade over the weekend amid a crackdown on AB 5 protesters by port authorities.
Target to Open Hubs in Chicago, Denver
Target Corp. will open three new package-sorting centers during the next year — two in greater Chicago and one in the Denver area — to further its strategy of using stores to handle online orders.
NYC Ports’ Saturday Hours Aren’t Helping Supply Chain Snarls
The Port of New York and New Jersey is struggling to process cargo despite expanded gate hours, illustrating fresh difficulties plaguing supply chains as shippers redirect goods to avoid bottlenecks in other parts of the country.
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
House Committee Approves Truck Parking Bill
Legislation designed to increase parking access for truck drivers nationwide was easily approved by the House Transportation and Infrastructure panel on July 20.
Pacific, Atlantic Ports Post Strong June Volumes
The Port of Los Angeles reported its highest container volume ever for the month of June in its 115-year history.
Perspective: The Power of Cloud-Based Technology
Over the past few years, we have learned that the more we can do remotely, the more we can potentially mitigate disruptions to business. Across supply chains, a cloud-based transportation management system can help companies facilitate remote operations, allowing businesses — even small ones — to make smarter choices, reduce costs and be more competitive.