XPO Logistics Inc. posted its first-ever profit, earning $42.6 million, or 35 cents per share, as results improved in the less-than-truckload and last-mile services as well as European logistics activity.
August 4, 2016Logistics 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.
Extras
On the Bubble
June Trailer Orders Plunge 50%
U.S. trailer orders in June sank about 50% from especially robust volumes a year earlier, as the stagnant freight market also prompted a spike in cancellations and a sharp decline in backlog, analysts said.
TT Wins National Award From ASBPE
Transport Topics won the bronze prize of the 2016 Azbee Awards of Excellence from the American Society of Business Publication Editors.
August 8, 2016XPO Logistics Earns $42.6 Million, First-Ever Profit
Port of Virginia Readies to Take on Savannah
HAMPTON ROADS, Va. — The Port of Virginia is expanding within the next five years in an effort to attract larger vessels traveling through the Panama Canal, according to a presentation during an Aug. 3 sightseeing visit for Congressional staffers and the media.
Deutsche Post Profit Rises Fastest Since Late 2011 on Parcels
Deutsche Post AG’s quarterly profit jumped at the fastest pace in 4 1/2 years after prices increased and deliveries on behalf of internet-based retailers rose. The stock gained to an eight-month high.
North American Intermodal Freight Declines for First Time Since 2009
Intermodal freight shipments fell 6.1% in the second quarter, ending 25 consecutive year-over-year increases, hurt by fewer international and trailer shipments, the Intermodal Association of North America reported.
August 3, 2016Expeditors International of Washington Reports 1.5% Drop in Profits
Logistics provider Expeditors International of Washington reported second-quarter profits fell 1.5% compared to the same period last year due to lower yields from airfreight and ocean freight operations.
August 2, 2016Norfolk Southern, Canadian National Earnings Slip in Second Quarter
Weaker energy-related freight shipments led two more North American railroads to report lower second-quarter earnings, including a decline of 6% at Norfolk Southern Corp. and 3% at Canadian National Railway.
July 27, 2016TransForce Pursues US Truckload Acquisition
Canadian company TransForce Inc. is actively seeking a substantial U.S. truckload market acquisition, CEO Alain Bedard said on a conference call during which the diversified freight and package carrier reported lower second-quarter earnings.
July 25, 2016Swift Lawsuit Reinstated; Marten Case Dismissed
A class-action lawsuit filed by more than 80,000 drivers against Swift Transportation has been reinstated after a ruling from the Arizona Court of Appeals, but another lawsuit against Marten Transport was dismissed by the U.S. Court of Appeals.