Shippers are in the driver’s seat as spot and contract rates continue to soften, but industry analysts said rates likely will stabilize throughout 2023.
December 29, 2022Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Logistics Freight Brokerage
Rank | Company | Net Revenue (Millions) | Gross Revenue (Millions) | Types of Freight |
---|---|---|---|---|
1 | C.H. Robinson Worldwide | $1,718.3 | $11,989.8 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul, bulk/tank |
2 | Total Quality Logistics | $445.6 | $2,239.9 est |
rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
3 | XPO Logistics | $342.0 | $1,782.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
4 | Echo Global Logistics | $290.3 | $1,512.3 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul, bulk/tank |
5 | UPS Supply Chain Solutions | $280.0 | $2,300.0 est |
rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
6 | Landstar System | $272.0 | $1,638.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
7 | WWEX Group | $200.0 | $750.0 est |
air/expedited, rail intermodal, LTL, dry van TL, parcel, refrigerated, flatbed/heavy haul |
8 | Hub Group | $118.6 | $928.7 est |
rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
9 | J.B. Hunt Transport Services | $112.0 | $699.5 est |
air expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul, bulk/tank |
10 | Yusen Logistics | $99.0 | $767.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, parcel |
11 | Unishippers Global Logistics | $95.5 | $451.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
12 | GlobalTranz Enterprises | $89.0 | $484.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
13 | Roadrunner Transportation Systems | $84.7 | $330.3 est |
rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul, bulk/tank, parcel |
14 | BNSF Logistics | $83.0 | $610.0 est |
air/expedited, rail intermodal (13,750), LTL (33,000), dry van TL (350,000), refrigerated (28,000), flatbed/heavy haul (77,000) |
15 | Uber Freight/Transplace Inc. | $81.0 | $670.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul, bulk/tank |
16 | England Logistics | $77.9 | $427.6 est |
rail intermodal (1,800), LTL (68,000), dry van TL (66,000), refrigerated (32,000), flatbed/heavy haul (7,300) |
17 | Allen Lund Co. | $69.9 | $451.2 est |
rail intermodal (419), LTL (73,512), bulk/tank (8) |
18 | Kuehne + Nagel Americas | $68.0 | $454.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
19 | Werner Enterprises | $61.0 | $393.2 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul, bulk/tank |
20 | Trinity Logistics | $56.0 | $358.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul, bulk/tank |
21 | ArcBest Corp. | $55.0 | $308.0 est |
rail intermodal, LTL, dry van TL, refrigerated |
22 | TTS | $53.2 | $456.5 est |
air/expedited (5,453), rail intermodal (59,270), LTL (46,617), dry van TL (137,062), parcel (1,666) |
23 | PLS Logistics Services | $53.0 | $527.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul, bulk/tank |
24 | Sunteck Transport Group | $52.0 | $269.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
25 | FLS Transportation Services | $50.0 | $322.0 est |
dry van TL, flatbed/heavy haul, LTL, refrigerated |
26 | Market Transport Services | $42.0 | $310.0 est |
rail intermodal, LTL, dry van TL, refrigerated |
27 | Matson Logistics | $38.0 | $387.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
28 | Knight Transportation | $37.9 | $231.0 est |
rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
29 | Redwood Logistics | $37.5 | $250.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul, bulk/tank |
30 | ATS Logistics Services | $37.1 | $244.0 est |
air/expedited, LTL, dry van TL, refrigerated, flatbed/heavy haul |
31 | John J. Jerue Truck Broker | $35.0 | $250.0 est |
NA |
32 | Choptank Transport | $34.0 | $225.0 est |
rail intermodal, LTL, dry van TL, refrigerated |
33 | Patterson Cos. | $33.0 | $195.0 est |
air/expedited, LTL, dry van TL, refrigerated, flatbed/heavy haul |
34 | AFN | $31.0 | $196.0 est |
NA |
35 | Nolan Transportation Group | $30.7 | $196.5 est |
air/expedited (5,136), rail intermodal (12,720), LTL (13,496), dry van TL (77,180), refrigerated (7,166), flatbed/heavy haul (21,404) |
36 | Cornerstone Systems | $29.0 | $254.0 est |
rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
37 | Champion Logistics Group | $27.0 | $71.0 est |
air/expedited, LTL, dry van TL, refrigerated, flatbed/heavy haul, bulk/tank(900), parcel |
38 | Strive Logistics | $26.0 | $176.2 est |
LTL, dry van TL, refrigerated, flatbed/heavy haul |
39 | Integrity Express Logistics | $25.0 | $125.0 est |
dry van TL, refrigerated, LTL, flatbed/heavy haul |
40 | Diversified Transportation Services | $20.0 | $130.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul, bulk/tank |
41 | NFI | $20.0 | $219.0 est |
rail intermodal, LTL, dry van TL, refrigerated |
42 | Network FOB | $18.8 | $101.1 est |
dry van TL (20,000), refrigerated (4,100), LTL (6,000), flatbed/heavy haul (25,000) |
43 | MegaCorp Logistics | $18.7 | $112.6 est |
air/expedited (2,489), rail intermodal (1,493), LTL (2,987), dry van TL (17,924), refrigerated (20,912), flatbed/heavy haul (4,481) |
44 | Celadon Group | $18.0 | $123.0 est |
rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
45 | Scott Logistics Corp. | $18.0 | $113.0 est |
rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
46 | Swift Transportation | $15.0 | $100.0 est |
dry van TL (40,000), refrigerated (10,000), flatbed/heavy haul (10,000) |
47 | Triple T Transport | $15.0 | $100.0 est |
dry van TL, refrigerated, LTL |
48 | Global Transport Logistics | $15.0 | $30.0 est |
air/expedited, rail intermodal, LTL, dry van TL, refrigerated |
49 | Genpro Inc. | $14.0 | $130.0 est |
dry van TL, flatbed/heavy haul, LTL, rail intermodal, refrigerated |
50 | MIQ Logistics | $14.0 | $214.0 est |
air/expedited (2,560), rail intermodal (2,895), LTL (381,041), dry van TL (209,395), parcel (13,397) |
51 | Syfan Logistics | $13.4 | $78.7 est |
air/expedited, rail intermodal, dry van TL, refrigerated, flatbed/heavy haul, parcel |
52 | R2 Logistics | $13.0 | $90.5 est |
NA |
53 | Koch Logistics | $12.5 | $85.0 est |
NA |
54 | Bay and Bay Transportation | $12.0 | $71.0 est |
rail intermodal (4,600), LTL (4,800), dry van TL (26,000), refrigerated (4,100), flatbed/heavy haul (3,500) |
55 | TransCorr National Logistics | $11.7 | $73.9 est |
rail intermodal (250), LTL (7,350), dry van TL (74,900), refrigerated (125), flatbed/heavy haul (3,300) |
56 | Ruan | $11.0 | $75.0 est |
rail intermodal (40,782), LTL (45,477), dry van TL (295,803), refrigerated (258,638), flatbed/heavy haul (183,191), bulk/tank (561,792) |
57 | Leonard's Express | $10.7 | $97.4 est |
rail intermodal (920), LTL (15,102), dry van TL (23,047), refrigerated (34,572) |
58 | J.H. Rose Logistics | $10.5 | $70.0 est |
rail intermodal, LTL, dry van TL, refrigerated |
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
Shippers Remain in Control of Rates, but 2023 Could Bring Balance
Ascend Adds Georgia Terminal
Ascend — a dry van, full truckload carrier that offers middle-mile supply chain solutions — announced it acquired a new terminal in McDonough, Ga.
December 29, 2022New Pocket Guide Includes Key Transportation Metrics
A 72-page “Pocket Guide to Transportation 2023” from the federal government is available online and in print with key statistical data and highlights of major national transportation data trends.
DOT Gets Funding Increase in $1.7 Trillion Federal Budget
The spending budget for the federal government’s fiscal 2023 includes an increase in funding for the Department of Transportation that is higher than the level requested by the White House.
Shipping Insurers Back Off of Russia-Ukraine Trade
A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia’s war in Ukraine, a further sign of the industry’s growing concerns about losses stemming from the conflict.
Freight Trends Continue to Affect Driver Recruitment
The trucking industry likely will see a continued slowdown in driver recruitment efforts as freight demand continues to normalize in 2023.
Arizona’s Cross-Border Project Gets $8.9 Million State Grant
Arizona’s governor has allocated $8.9 million to help modernize the port of entry in Douglas, where a new commercial one is being built to bolster the state’s trade with Mexico.
Amazon Builds Last-Mile Shipping Facility in Montana
Amazon .com Inc. is creating its first big foothold in Montana with a last-mile shipping delivery facility for the entire state, Gov. Greg Gianforte announced Dec. 16.
Five States Extend Driving Hours for Heating Fuel Deliveries
Colorado, North and South Dakota, Utah and Wyoming have declared temporary emergency exemptions of federal driving hours for deliveries of heating fuel.
White House Envoy Stephen Lyons Says Supply Chain Closing 2022 in Better Shape
White House Supply Chain Envoy Stephen Lyons says the nation’s supply chain is ending 2022 in a much better position than a year ago.