UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 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 | $1,524.0 | $8,738.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
2 | Total Quality Logistics | $465.0 | $2,321.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
3 | XPO Logistics | $361.4 | $2,154.4 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
4 | Echo Global Logistics | $319.0 | $1,716.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
5 | UPS Supply Chain Solutions | $305.0 | $2,360.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
6 | Landstar System | $258.0 | $1,553.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
7 | WWEX Group | $200.0 | $750.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, parcel |
8 | Sunteck TTS | $165.0 | $900.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
9 | Crane Worldwide Logistics | $155.0 | $399.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, bulk/tank |
10 | Hub Group | $125.0 | $948.0 est |
rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
11 | J.B. Hunt Transport Services | $122.0 | $851.0 est |
air expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
12 | BNSF Logistics | $114.0 | $572.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
13 | GlobalTranz Enterprises | $107.0 | $551.0 est |
air/expedited (16,000), LTL (1,230,000), dry van truckload (180,000) |
14 | Yusen Logistics | $105.0 | $830.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, parcel |
15 | England Logistics | $82.7 | $406.0 est |
rail intermodal (1,809), LTL (73,261), dry van truckload (62,471), refrigerated (33,221), flatbed/heavy haul (7,075), parcel (681,165) |
16 | KAG Logistics | $79.8 | $130.0 est |
bulk/tank (781,646) |
17 | Uber Freight/Transplace Inc. | $77.0 | $570.0 est |
air/expedited (3,847), rail intermodal (213,677), LTL (2,087,040), dry van truckload (1,836,826), refrigerated (182,938), flatbed/heavy haul (418,713), bulk/tank (345,333), parcel (7,958,083) |
18 | Werner Enterprises | $71.0 | $417.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
19 | Unishippers Global Logistics | $70.4 | $341.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
20 | Allen Lund Co. | $70.4 | $425.0 est |
air/expedited (100), rail intermodal (2,000), LTL (77,000), dry van truckload (148,000), refrigerated (87,698), flatbed/heavy haul (5,185) |
21 | Kuehne + Nagel Americas | $70.0 | $490.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
22 | Trinity Logistics | $62.2 | $364.0 est |
air/expedited (171), rail intermodal (4,485), LTL (58,693), dry van truckload (93,994), refrigerated (39,748), flatbed/heavy haul (67,238), bulk/tank (6,852) |
23 | PLS Logistics Services | $55.0 | $541.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
24 | Matson Logistics | $50.0 | $390.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
25 | Nolan Transportation Group | $42.2 | $279.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
26 | FLS Transportation Services | $40.0 | $260.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
27 | ATS Logistics Services | $38.3 | $255.0 est |
air/expedited, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
28 | Redwood Logistics | $37.8 | $240.0 est |
air/expedited (1,000), rail intermodal (10,000), LTL (15,000), dry van truckload (160,000), refrigerated (18,000), flatbed/heavy haul (9,000), parcel (7,500) |
29 | Knight Transportation | $35.5 | $218.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
30 | Choptank Transport | $34.0 | $225.0 est |
rail intermodal, LTL, dry van truckload, refrigerated |
31 | Patterson Cos. | $33.0 | $195.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
32 | AFN | $33.0 | $209.0 est |
rail intermodal, dry van truckload, LTL |
33 | BlueGrace Logistics | $29.7 | $188.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
34 | Cornerstone Systems | $29.0 | $252.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
35 | Radiant Logistics | $27.3 | $180.0 est |
LTL, dry van truckload, refrigerated |
36 | Champion Logistics Group | $27.0 | $71.0 est |
air/expedited, LTL, dry van truckload, refrigerated |
37 | Strive Logistics | $26.0 | $140.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
38 | NFI | $26.0 | $201.0 est |
rail intermodal, LTL, dry van truckload, refrigerated |
39 | Integrity Express Logistics | $22.7 | $150.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
40 | MegaCorp Logistics | $20.7 | $124.0 est |
air/expedited, rail intermodal, LTL, dry van truckload. refrigerated, flatbed/heavy haul |
41 | Diversified Transportation Services | $20.0 | $130.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
42 | Scott Logistics Corp. | $18.0 | $113.0 est |
rail intermodal, LTL, dry van truckload, refrigerated |
43 | Celadon Group | $18.0 | $123.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
44 | Johanson Transportation Service | $18.0 | $140.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
45 | Ruan | $16.0 | $110.0 est |
rail intermodal (42,833), LTL (114,685), dry van truckload (351,104), refrigerated (254,451), flatbed/heavy haul (182,703), bulk/tank (493,129) |
46 | Triple T Transport | $15.0 | $100.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
47 | Blue Ribbon Transport | $15.0 | $102.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
48 | Swift Transportation | $15.0 | $100.0 est |
dry van truckload, refrigerated, flatbed/heavy haul |
49 | Watco Logistics | $15.0 | $64.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed |
50 | Genpro Inc. | $14.0 | $130.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
51 | Syfan Logistics | $13.4 | $78.7 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
52 | MIQ Logistics | $13.0 | $189.0 est |
air/expedited (2,500), rail intermodal (2,900), LTL (385,000), dry van truckload (210,000) |
53 | LoadDelivered | $13.0 | $87.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
54 | R2 Logistics | $13.0 | $90.5 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
55 | Koch Logistics | $12.5 | $85.0 est |
dry van truckload, LTL |
56 | ITS Logistics | $12.0 | $70.0 est |
rail intermodal, LTL, dry van truckload |
57 | Leonard's Express | $11.8 | $100.0 est |
rail intermodal (1,500), LTL (14,400), dry van truckload (43,200), refrigerated (93,500) |
58 | ROAR Logistics | $11.0 | $70.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
59 | Bay and Bay Transportation | $11.0 | $72.5 est |
rail intermodal (8,500), LTL (5,000), dry van truckload (33,000) |
60 | TransCorr National Logistics | $10.8 | $67.1 est |
LTL (6,800), dry van truckload (68,300), flatbed/heavy haul (4,000) |
61 | J.H. Rose Logistics | $10.5 | $70.0 est |
rail intermodal, LTL, dry van truckload, refrigerated |
62 | D&L Transport | $10.4 | $70.6 est |
rail intermodal (100), LTL (2,400), dry van truckload (15,000), refrigerated (18,000), flatbed/heavy haul (15,000) |
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
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
Shopify Will Cut 10% of Staff as e-Commerce Activity Retreats
Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce July 26, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly coming out of the COVID-19 pandemic didn’t pay off.
July 26, 2022Trucker AB 5 Blockade Ends at Port of Oakland
Fruit, nuts and wine are again flowing through the Port of Oakland after truckers quietly ended a multiday blockade over the weekend amid a crackdown on AB 5 protesters by port authorities.
Target to Open Hubs in Chicago, Denver
Target Corp. will open three new package-sorting centers during the next year — two in greater Chicago and one in the Denver area — to further its strategy of using stores to handle online orders.
NYC Ports’ Saturday Hours Aren’t Helping Supply Chain Snarls
The Port of New York and New Jersey is struggling to process cargo despite expanded gate hours, illustrating fresh difficulties plaguing supply chains as shippers redirect goods to avoid bottlenecks in other parts of the country.
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
House Committee Approves Truck Parking Bill
Legislation designed to increase parking access for truck drivers nationwide was easily approved by the House Transportation and Infrastructure panel on July 20.
Pacific, Atlantic Ports Post Strong June Volumes
The Port of Los Angeles reported its highest container volume ever for the month of June in its 115-year history.
Perspective: The Power of Cloud-Based Technology
Over the past few years, we have learned that the more we can do remotely, the more we can potentially mitigate disruptions to business. Across supply chains, a cloud-based transportation management system can help companies facilitate remote operations, allowing businesses — even small ones — to make smarter choices, reduce costs and be more competitive.