CSX Corp. shareholders are likely to approve turnaround veteran Hunter Harrison’s demand for a $300 million pay package that the railroad derided as “exceptionally unusual,” according to analysts.
February 17, 2017![Image](/sites/default/files/images/logos/top_50_logistics_4.png)
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 |
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.
![Armstrong and Associates Logo](/sites/default/files/images/logos/tt50-armstrong2016.jpg)
Extras
On the Bubble
TFI International Profits Increase in Fourth Quarter
TFI International Inc., formerly known as TransForce, reported net income rose 3.9% in the fourth quarter of 2016, although the gains were slightly lower than the consensus forecast from industry analysts.
February 17, 2017CSX Shareholders Seen Likely to Make Harrison a $300 Million Man
New Year, Same Story for US Growth Driven by Consumers
Busy storefronts and an inflation pickup show the world’s largest economy is starting 2017 much the same way it ended 2016: driven by the consumer.
Underinvestment in Freight Infrastructure Will Hurt Economy, Schneider CEO Says
WASHINGTON — The country's freight transportation network must be modernized and expanded to handle the projected increase in freight volume, Schneider International Inc.'s top executive told a Senate panel Feb. 15.
Shipping Industry Calls for Exemption from Carbon Market Reform
The global shipping industry has urged the European Union to drop the sector's inclusion in proposals adopted Feb. 15 to reform the bloc's carbon market, saying it risks distorting trade and international efforts to cut the sector's emissions.
Werner Nixes Driving School in Pennsylvania After Local Outcry
Plans for a trucking facility in Palmer Township, Pennsylvania, no longer include a school for new drivers.
Tighter Brokerage Margins Crimp 3PL Profits
Third-party logistics companies reported a flurry of quarterly earnings, many with lower profits compared with a year ago.
Intermodal Rail Traffic Up as Turnaround Takes Hold
Intermodal rail traffic grew slightly in the fourth quarter, but it wasn’t enough to reverse a 2.1% decline in total volume for 2016, according to the Intermodal Association of North America.
Sanity Returning to Shipping as Freight Rates Gain, Maersk Says
The bankruptcy of South Korean ocean carrier Hanjin Shipping Co. and consolidation in container shipping will pave the way for a better 2017 for the industry, according to Robbert van Trooijen, the Asia-Pacific chief of Maersk Line.
February 10, 2017Consumer Sentiment Cooled in February on Views of Finances
Consumer confidence retreated in February from a 13-year high, as Americans tempered expectations of their finances and the economy.