A unit of H.I.G. Capital is to acquire third-party logistics provider Ascent Global Logistics for an undisclosed sum, the Miami-based private equity group said Aug. 22.
August 23, 2023Logistics 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
Private Equity Firm H.I.G. Buys 3PL Ascent Global Logistics
Two Tankers Collide in Egypt’s Suez Canal
CAIRO — Two tankers carrying oil products and liquefied natural gas collided in the Suez Canal, briefly disrupting traffic through the global waterway, Egyptian authorities said Aug. 23.
Truck Tonnage Dips 3% Year-Over-Year in July
Truck tonnage in July declined by 3% compared with the same month in 2022, the fifth consecutive year-over-year decline and an indication that softness in the freight market persists.
Storm Moves On but Floodwaters Remain in Southern California
PALM DESERT, Calif. — Tropical Storm Hilary swept people into swollen rivers, toppled trees onto homes and flooded roadways as the massive system marched northward Aug. 21.
August 21, 2023Uber Freight Partners With Redkik on Cargo Insurance
Uber Freight is partnering with the insurance software company Redkik as part of a strategic collaboration to revolutionize per-load cargo insurance, the companies announced Aug. 17.
Port of Baltimore Welcomes Biggest Containership Ever
On Aug. 19, the largest containership to ever visit Maryland sailed into the Port of Baltimore.
Hilary Pushes Into Nevada After Drenching California
LOS ANGELES — Tropical Storm Hilary drenched Southern California from the coast to the desert resort city of Palm Springs and inland mountains, forcing rescuers to pull several people from swollen rivers.
August 21, 2023SoCal Braces for Washed Out Roads From Storm Hilary
LOS ANGELES — With Hurricane Hilary barreling toward Southern California, officials are monitoring how the intense rain will impact critical infrastructure such as freeways and bridges.
August 19, 2023Revived Amazon Service for Sellers Competes With UPS, FedEx
Amazon has restarted a shipping service it paused in the early days of the COVID-19 pandemic and that competes with carriers such as FedEx and UPS.
August 18, 2023USDOT Names 2 New Marine Highway Systems
Two new marine highway systems have added 250 miles to the Ohio River system and 6,500 miles of Alaskan waterways to the national transportation system to improve freight shipments.