FedEx Corp.’s delivery truck is heading in the right direction, but the turbo-charge from Uncle Sam won’t hurt. The $65 billion company reported earnings after the close of trading on Dec. 20, besting analysts’ quarterly estimates and raising its full-year outlook.
December 21, 2017Logistics 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
Analysis: FedEx’s Good News Could Get Big League
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New Jersey Governor-elect Phil Murphy chose a toll-road veteran to oversee transportation, charging her with fixing a commuter bus and rail system he called “a national disgrace.”
FedEx Profits Grow 11% in Fiscal 2Q, Beating Wall Street Forecasts
FedEx Corp. reported earnings of $2.84 per diluted share for its second fiscal quarter of 2018 ending Nov. 30, compared with the Bloomberg analyst forecast of $2.76 per diluted share. In last year’s fiscal second quarter FedEx reported earnings of $2.59 per diluted share.
Drone Tracking Plan Moves US Delivery by Air Closer to Reality
>Deliveries by drones took a step closer to being allowed in the U.S. after a federal advisory panel agreed on a framework for allowing law enforcement to routinely track the small devices.
Truck Tonnage Surges 7.6% in November
Truck tonnage surged 7.6% year-over-year in November after a 10.5% increase in October, according to American Trucking Associations.
CSX Stock Stabilizes Days After Death of CEO
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UPS, FedEx Say Holiday Shipping Not Delayed by Atlanta Airport Outage
The fire that knocked out power and shut down the world’s busiest airport shouldn’t delay holiday package deliveries, two of the nation’s biggest shippers said Dec. 18.
Record Travel Projected for Christmas, New Year’s Holidays
As the Christmas song goes, “Gee, the traffic’s sure terrific.” In fact, travel experts say they believe the final holiday travel period of the year — Dec. 23 through midnight New Year’s night — will set a new record.
December 18, 2017CSX Caught Mid-Revolution by Death of Rail-Legend Harrison
With CEO Hunter Harrison’s death on Dec. 16, CSX Corp. lost the guiding hand of a railroading legend who added almost $17 billion in value in less than a year.
UPS Chief Touts Alaska Role in Asia Trade Route
UPS International President Jim Barber told an Anchorage, Alaska, group the right timing for his first trip to Alaska had come for a number of reasons, including the hub’s expanding importance in connecting to China and Asian-Pacific communities.