FedEx Corp.’s delivery truck is heading in the right direction, but the turbo-charge from Uncle Sam won’t hurt. The $65 billion company reported earnings after the close of trading on Dec. 20, besting analysts’ quarterly estimates and raising its full-year outlook.
December 21, 2017Logistics 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
Analysis: FedEx’s Good News Could Get Big League
Toll-Road Veteran Is N.J. Governor-Elect’s Pick for State Transportation Chief
New Jersey Governor-elect Phil Murphy chose a toll-road veteran to oversee transportation, charging her with fixing a commuter bus and rail system he called “a national disgrace.”
FedEx Profits Grow 11% in Fiscal 2Q, Beating Wall Street Forecasts
FedEx Corp. reported earnings of $2.84 per diluted share for its second fiscal quarter of 2018 ending Nov. 30, compared with the Bloomberg analyst forecast of $2.76 per diluted share. In last year’s fiscal second quarter FedEx reported earnings of $2.59 per diluted share.
Drone Tracking Plan Moves US Delivery by Air Closer to Reality
>Deliveries by drones took a step closer to being allowed in the U.S. after a federal advisory panel agreed on a framework for allowing law enforcement to routinely track the small devices.
Truck Tonnage Surges 7.6% in November
Truck tonnage surged 7.6% year-over-year in November after a 10.5% increase in October, according to American Trucking Associations.
CSX Stock Stabilizes Days After Death of CEO
CSX’s stock rose slightly Dec. 18 despite the death of the man who had been hired to bring the railroad new profitability.
UPS, FedEx Say Holiday Shipping Not Delayed by Atlanta Airport Outage
The fire that knocked out power and shut down the world’s busiest airport shouldn’t delay holiday package deliveries, two of the nation’s biggest shippers said Dec. 18.
Record Travel Projected for Christmas, New Year’s Holidays
As the Christmas song goes, “Gee, the traffic’s sure terrific.” In fact, travel experts say they believe the final holiday travel period of the year — Dec. 23 through midnight New Year’s night — will set a new record.
December 18, 2017CSX Caught Mid-Revolution by Death of Rail-Legend Harrison
With CEO Hunter Harrison’s death on Dec. 16, CSX Corp. lost the guiding hand of a railroading legend who added almost $17 billion in value in less than a year.
UPS Chief Touts Alaska Role in Asia Trade Route
UPS International President Jim Barber told an Anchorage, Alaska, group the right timing for his first trip to Alaska had come for a number of reasons, including the hub’s expanding importance in connecting to China and Asian-Pacific communities.