Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.
July 25, 2024Logistics 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
Covenant Logistics Reports Nearly 5% Revenue Rise for Q2
Gordie Howe International Bridge Links Detroit to Windsor
DETROIT — The U.S. and Canadian sides of the Gordie Howe International Bridge have been connected, marking the bridge as an official border crossing.
Union Pacific Profit Grows 7%
OMAHA, Neb. — Union Pacific delivered 7% growth in its second-quarter profit even though the number of shipments it hauled remained essentially flat.
CBP Installs X-Ray Scanner for Containers at Texas Port
The busiest land border crossing between the U.S. and Mexico now has an advanced X-ray machine that is intended to help more efficiently move commercial truck traffic through the facility.
UPS Discusses Acquisition of Parcel Carrier in Mexico
The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.
House Passes Biennial Water Resources Development Act
A bill to promote the efficiency of commercial waterway infrastructure projects and supply chain connectivity was easily passed by the U.S. House of Representatives on July 22.
Urban Delivery Hubs Present Solutions to Final-Mile Shipping
An evolving concept to address the issue of final-mile delivery is the urban delivery hub.
ATA Reports Dip in Truck Tonnage for June
The trucking industry continued the trend of year-over-year tonnage losses in June after a brief increase the prior month, American Trucking Associations reported July 23.
C.H. Robinson Launches AI-Leveraged Load-Matching Platform
C.H. Robinson Worldwide Inc. launched a new load-matching platform aimed at helping carriers improve efficiency, the company announced July 18.
Illinois Offering Written CDL Tests in Spanish
Illinois is the latest state to offer commercial driver license applicants a written test in Spanish to get more drivers on the road.