The joining of trucking companies comes with challenges throughout the merger and acquisition process. The slow-moving procedure was exacerbated during the boom/bust cycle of 2022-23.
May 10, 2024Sponsored by:
2019 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
Evan Armstrong breaks down how logistics segments performed in 2018.
Rankings
Logistics 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 |
About the Rankings...
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
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54
On the Bubble
Averitt Express
($225 million), Cookeville, Tenn., provides air and ocean freight forwarding, custom brokerage, dedicated contract carriage, freight brokerage, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, supply chain consulting, transportation management and warehousing and distribution.
Learn more about Transport Topics’ Top 50 Logistics Companies publication.
Logistics News
Business, Logistics
M&A Deals Require Intention and Involvement During Process
Business, Technology, Logistics
Freight Market Stabilization Bolsters M&A Optimism
As trucking mergers and acquisitions followed the freight market into a down cycle, conditions have stabilized, showing positive signs for the sector going forward.
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Port of Long Beach CEO Says Cargo Up Eighth Straight Month
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May 9, 2024Business, Logistics
Forward Air Ends Eventful Q1 With Positive Revenue Growth
Forward Air Corp. ended an eventful first quarter with positive revenue growth but a decline in total earnings, the company reported May 8.
May 9, 2024Business, Logistics
Activist Investor Wins 3 Norfolk Southern Board Seats
Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted May 9 to elect three of the board members an activist investor nominated.
May 9, 2024Government, Business, Logistics
House to Examine Baltimore Bridge Collapse May 15
WASHINGTON — A House panel this month will review concerns associated with efforts at the Port of Baltimore, where crews will eventually rebuild the Francis Scott Key Bridge.
May 8, 2024Business, Technology, Equipment, Logistics
Nikola Q1 Loss Narrows; Cost of Truck Production Soars
Losses at Nikola in the first quarter narrowed year-over-year, and executives are more bullish than in previous quarters about the truck maker’s prospects even as production costs soar.
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Tornadoes Destroy Michigan FedEx Facility but Workers Safe
PAVILION TOWNSHIP, Mich. — Two reported tornadoes struck a Michigan city and the surrounding area May 7, destroying homes and commercial buildings, including a FedEx facility.
May 8, 2024Business, Logistics
GXO Posts Net Loss, but Revenue Increases to $2.46B in Q1
GXO Logistics experienced a decline in earnings on an increase in revenue to $2.46 billion during the first quarter of 2024, the company reported May 7.
May 8, 2024Business, Technology, Fuel, Logistics
WattEV’s Bakersfield Battery-Electric Charging Depot Opens
WattEV opened a battery-electric charging depot in Bakersfield, Calif., on May 6, its largest yet, the company said.
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