FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.
September 16, 2022Logistics 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
FedEx Tumbles After Pulling Annual Earnings Forecast
DOT Awards $1.5 Billion in Federal Infrastructure Grants
More truck parking spaces in Florida and Tennessee along with supply chain improvements for Mexico’s ports of entry in California, New Mexico and Texas are among winning projects nabbing $1.5 billion in federal infrastructure grants.
Intermodal Industry Continues to Adapt as It Meets Shifting Demands
LONG BEACH, Calif. — Throughout 2022, the intermodal industry has responded to shifting consumer demand, supply chain disruptions, shipper demands and more.
Congressional Leaders Praise Tentative Rail Labor Agreement
The announcement of a tentative rail labor agreement was viewed as a positive sign by senior policymakers on Capitol Hill on Sept. 15.
CSX Hires Ex-Ford Executive Joseph Hinrichs as CEO
CSX Corp. named Joseph Hinrichs as its next chief executive officer, handing the reins of the railroad giant to a former top executive with Ford Motor Co.
Hiring for Uncertain Holiday Season Continues
Trucking has started making thousands of hires for the holiday season despite facing a variety of economic headwinds.
China COVID Lockdown Threatens US Trucking Sector
China has put several cities back into lockdown because of coronavirus, which could disrupt shipments headed for the U.S.
Rail Strike Averted as Unions Agree to Deal
A deal has been reached between union workers and six Class I railroads, averting a threatened strike that could have snarled the nation’s freight and passenger rail service.
From Carmakers to Refiners, Industries Brace for Rail Strike
Here’s how some industries are gauging the potential impacts and getting ready for the possible rail work stoppage.
September 14, 2022Real-Time Alerts Coming to Kansas Rural Freight Corridor
Truckers driving through the U.S. Route 83 rural freight corridor in Kansas will benefit from a $6.67 million federal grant to help fund a long fiber optic network to deliver real-time traffic, weather and other useful information in that remote agricultural stretch.