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:
2020 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
The third-party logistics business is undergoing a dramatic, technology-driven transformation.
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 | 11,087 |
| 2 | Ryder Supply Chain Solutions | 6,000 est |
| 3 | Penske Logistics | 5,530 |
| 4 | Knight-Swift Transportation | 5,347 |
| 5 | Werner Enterprises | 4,630 |
| 6 | NFI | 4,100 |
| 7 | Schneider | 3,917 est |
| 8 | Ruan | 3,800 |
| 9 | Cardinal Logistics | 3,155 est |
| 10 | Marten Transport | 2,829 |
| 11 | U.S. Xpress Enterprises | 2,725 |
| 12 | Solistica | 2,339 |
| 13 | Black Horse Carriers | 2,235 |
| 14 | C.R. England | 2,200 est |
| 15 | Day & Ross | 1,950 |
| 16 | Covenant Logistics Group | 1,700 |
| 17 | Hub Group | 1,500 |
| 18 | Averitt Express | 1,385 |
| 19 | UPS Supply Chain Solutions | 1,382 est |
| 20 | DHL Supply Chain | 1,300 |
| 21 | Commercial Warehousing | 1,000 |
| 22 | Cowan Logistics | 766 est |
| 23 | AIM Integrated Logistics | 744 |
| 24 | Universal Logistics Holdings | 726 |
| 25 | Paper Transport | 710 |
| 26 | Ceva Logistics (North America) | 604 est |
| 27 | Odyssey Logistics & Technology | 600 est |
| 28 | Blackhawk Transport | 563 |
| 29 | Bay and Bay Transportation | 500 |
| 29 | CRST The Transportation Solution | 500 est |
| 31 | G&D Integrated | 468 est |
| 32 | Transervice Logistics | 435 |
| 33 | Lily Dedicated Logistics Systems | 415 est |
| 34 | XPO Logistics | 410 |
| 35 | Great Plains Transport | 400 |
| 36 | Dupré Logistics | 366 |
| 37 | Crowley Logistics | 335 est |
| 38 | Warehouse Services Inc. | 314 est |
| 39 | Buchanan Hauling & Rigging | 310 est |
| 40 | Legacy Supply Chain Services | 300 |
| 41 | A. Duie Pyle | 289 |
| 42 | East Coast Warehouse & Distribution | 260 |
| 43 | LeSaint Logistics | 250 est |
| 44 | Dart Advantage Logistics | 238 est |
| 45 | ODW Logistics | 230 |
| 46 | Dimerco Express Group | 221 |
| 46 | Midwest Express Group | 221 est |
| 48 | Saddle Creek Logistics Services | 220 |
| 49 | AMX | 210 |
| 50 | ITS Logistics | 200 |
| 50 | Atech Logistics | 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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53
On the Bubble
Pilot Freight Services
($250 million), Lima, Pa., provides cross-border services, custom brokerage, 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.
May 10, 2024Business, Logistics
Port of Long Beach CEO Says Cargo Up Eighth Straight Month
Port of Long Beach CEO Mario Cordero said April numbers will show trade flows coming to the U.S. West Coast are continuing to strengthen.
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.
May 8, 2024Business, Safety, Logistics
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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