Forward Air Corp. reported record fourth-quarter and full-year revenue, operating income and net income per diluted share Feb. 8.
February 9, 2023Logistics 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 | 9,911 |
2 | Penske Logistics | 6,718 |
3 | Ryder Supply Chain Solutions | 6,000 est |
4 | Knight-Swift Transportation | 5,099 |
5 | Werner Enterprises | 4,945 |
6 | NFI | 4,500 |
7 | Schneider | 3,940 |
8 | Ruan | 3,556 |
9 | Cardinal Logistics | 3,400 |
10 | Marten Transport | 3,238 |
11 | U.S. Xpress Enterprises | 2,700 |
12 | C.R. England Inc. | 2,375 |
13 | Solistica | 2,339 |
14 | Day & Ross | 2,145 |
15 | Hub Group | 2,005 |
16 | Covenant Logistics Group | 1,535 |
17 | UPS Supply Chain Solutions | 1,382 est |
18 | DHL Supply Chain | 1,300 est |
19 | Averitt Express | 1,178 |
20 | Universal Logistics Holdings | 813 |
21 | Cowan Logistics | 766 est |
22 | AIM Integrated Logistics | 713 |
23 | Paper Transport/PTI Logistics | 710 |
24 | Blackhawk Transport | 612 |
25 | Ceva Logistics (North America) | 604 est |
26 | Odyssey Logistics & Technology | 600 est |
27 | Lineage Logistics | 550 |
27 | Bay and Bay Transportation | 550 |
29 | Dupré Logistics | 500 |
29 | Buddy Moore Trucking | 500 |
29 | CRST The Transportation Solution | 500 est |
32 | G&D Integrated | 468 |
33 | Transervice Logistics | 435 |
34 | A. Duie Pyle | 419 |
35 | Lily Transportation | 415 |
36 | XPO Logistics | 410 est |
37 | Great Plains Transport | 400 est |
38 | LeSaint Logistics | 360 |
38 | Legacy Supply Chain Services | 360 |
40 | Crowley Logistics | 335 |
41 | Warehouse Services Inc. | 314 |
42 | Buchanan Hauling & Rigging | 310 |
43 | East Coast Warehouse & Distribution | 260 |
44 | Dart Advantage Logistics | 238 |
45 | Midwest Express | 221 |
46 | Saddle Creek Logistics Services | 220 est |
47 | Kenco Group | 205 |
48 | PAM Transport | 200 |
48 | Hermann Services | 200 |
48 | Atech Logistics | 200 |
48 | Performance Team | 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
Forward Air Reports Q4, Full-Year Records
Werner Reports Earnings Decline Despite Revenue Gain in Q4
Werner Enterprises experienced an earnings decline despite revenue gains due to changing macroeconomic conditions in the fourth quarter, the company reported Feb. 7.
Thousands of CSX Workers First to Get Paid Sick Leave
OMAHA, Neb. — Several thousand workers at CSX will soon get one of the things that pushed the U.S. railroad industry to the brink of a strike last fall: paid sick time.
Supply Chains Must Change, Says Maersk’s Ditlev Blicher
Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S.
Volkswagen Misses Full-Year Cash Target After Supply Chain Woes
Volkswagen AG missed its cash-flow target for the year after supply chain and logistics disruptions in recent months left the carmaker with unsold vehicles.
Forward Air Expands in Chicago Area With New Terminal
Forward Air Corp. will expand its expedited less-than-truckload service offering in the Chicago area with a new terminal in Bolingbrook, Ill., the company announced Feb. 6.
Amazon Revenue Beats Q4 Estimates, Profits Slump
NEW YORK — Amazon on Feb. 2 reported worse-than-expected profits, but its revenue beat expectations, boosted by sales in North America businesses and the cloud-computing unit AWS.
Democrats Tout Biden’s Big Infrastructure Implementation
The leader of the U.S. Senate is among senior Democrats praising the Biden White House’s management of a $1.2 trillion infrastructure law amid renewed calls for oversight from congressional Republicans.
Mitsubishi Warehouse Deal With Port of San Diego Falls Through
A deal between the Port of San Diego and Mitsubishi Cement Corp. for a storage facility at the 10th Avenue Marine Terminal has fallen through, officials announced Feb. 1.
C.H. Robinson Reports 58.2% Earnings Drop for Q4
C.H. Robinson Worldwide Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Feb. 1.
February 2, 2023