Knight-Swift Transportation Holdings Inc. on July 20 reported that earnings dropped 71% year-over-year in the second quarter.
July 21, 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 | $1,525.0 | $10,191.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
2 | Total Quality Logistics | $521.0 | $2,934.0 est |
rail intermodal, LTL, dry van truckload, refrigerated), flatbed/heavy haul, bulk/tank |
3 | XPO Logistics | $394.5 | $2,500.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
4 | Echo Global Logistics | $339.0 | $1,943.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
5 | WWEX Group | $330.0 | $1,400.0 est |
air/expedited (4,000), LTL (1,400,000), dry van truckload (30,000), refrigerated (15,000), flatbed/heavy haul (15,000), parcel (8,500,000) |
6 | UPS Supply Chain Solutions | $305.0 | $2,360.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
7 | Landstar System | $300.0 | $1,829.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
8 | Schneider | $180.0 | $1,414.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
9 | Sunteck TTS | $164.0 | $920.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
10 | GlobalTranz Enterprises | $151.0 | $854.0 est |
air/expedited (27,248), rail intermodal (3,855), LTL (1,578,828), dry van truckload (270,221), refrigerated (12,553), flatbed/heavy haul (4,427), bulk/tank (548), parcel (3,067) |
11 | J.B. Hunt Transport Services | $136.0 | $1,024.0 est |
air expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
12 | Hub Group | $121.0 | $1,029.0 est |
rail intermodal, LTL, dry van TL, refrigerated, flatbed/heavy haul |
13 | BNSF Logistics | $114.0 | $613.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
14 | KAG Logistics | $91.5 | $148.4 est |
bulk/tank |
15 | Yusen Logistics | $90.0 | $725.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, parcel |
16 | England Logistics | $86.2 | $344.0 est |
rail intermodal (1,659), LTL (69,574), dry van truckload (66,933), refrigerated (34,222), flatbed/heavy haul (6,857), parcel (689,612) |
17 | Uber Freight/Transplace Inc. | $81.5 | $664.0 est |
air/expedited, rail intermodal, LTL , dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank, parcel |
18 | ArcBest Corp. | $69.0 | $409.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
19 | Allen Lund Co. | $67.0 | $512.0 est |
LTL (2,722), dry van truckload (181,163), refrigerated (90,449), flatbed/heavy haul (6,962) |
20 | Redwood Logistics | $65.0 | $408.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, parcel |
21 | Trinity Logistics | $64.9 | $426.0 est |
air/expedited (771), rail intermodal (5,344), LTL (56,000), dry van truckload (63,007), refrigerated (46,121), flatbed/heavy haul (39,998), bulk/tank (4,834) |
22 | Kuehne + Nagel Americas | $62.2 | $364.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
23 | Werner Enterprises | $62.0 | $418.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
24 | Nolan Transportation Group | $60.5 | $471.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
25 | Universal Logistics Holdings | $57.0 | $432.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
26 | Matson Logistics | $55.0 | $440.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
27 | Knight-Swift Transportation | $54.8 | $349.7 est |
Dry van truckload, refrigerated, rail intermodal |
28 | FLS Transportation Services | $51.0 | $344.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
29 | PLS Logistics Services | $42.0 | $420.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
30 | ATS Logistics Services | $41.2 | $300.0 est |
air/expedited, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
31 | NFI | $41.0 | $289.0 est |
rail intermodal, LTL, dry van truckload, refrigerated |
32 | Choptank Transport | $35.0 | $235.0 est |
air/expedited (1,000), rail intermodal (2,500), LTL (5,000), dry van truckload (50,000), refrigerated (75,000), flatbed/heavy haul (1,000) |
33 | AFN | $33.0 | $209.0 est |
LTL, dry van truckload, refrigerated |
34 | Patterson Cos. | $33.0 | $195.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
35 | Cornerstone Systems | $33.0 | $286.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
36 | Strive Logistics | $33.0 | $195.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
37 | BlueGrace Logistics | $29.7 | $188.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
38 | Integrity Express Logistics | $29.3 | $245.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
39 | MegaCorp Logistics | $27.9 | $191.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
40 | USA Truck | $26.6 | $144.0 est |
rail intermodal, LTL, dry van truckload |
41 | Radiant Logistics | $26.1 | $207.3 est |
LTL, dry van truckload, refrigerated |
42 | Scott Logistics Corp. | $22.0 | $155.0 est |
rail intermodal, LTL, dry van truckload, refrigerated |
43 | R2 Logistics | $21.4 | $144.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
44 | Arrive Logistics | $20.0 | $145.0 est |
rail intermodal (5,000), LTL (9,000), dry van truckload (80,000), refrigerated (10,000), flatbed/heavy haul (10,000) |
45 | Veritiv Operating Co. | $20.0 | $140.0 est |
rail intermodal (5,200), LTL (92,000), dry van truckload (78,000), refrigerated (15,600), flatbed/heavy haul (3,000) |
46 | LoadDelivered | $20.0 | $118.8 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
47 | Diversified Transportation Services | $20.0 | $130.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
48 | Marten Transport | $19.0 | $151.0 est |
dry van truckload (11,371), refrigerated (30,831) |
49 | Geodis (North America) | $18.7 | $214.0 est |
air/expedited (120), rail intermodal (2,300), LTL (441,000), dry van truckload (128,000), parcel (15,500,000) |
50 | ITS Logistics | $18.7 | $125.0 est |
air/expedited (1,200), rail intermodal (4,700), LTL (1,500), dry van truckload, (38,500), refrigerated (4,000), bulk/tank (1,100) |
51 | Pepsi Logistics Company | $17.0 | $182.0 est |
dry van truckload |
52 | Traffix | $17.0 | $142.0 est |
rail intermodal (1,500), LTL (5,600), dry van truckload (41,000), refrigerated (30,000), flatbed/heavy haul (2,000) |
53 | Celadon Group | $16.0 | $110.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
54 | Armada Sunset Holdings | $16.0 | $117.0 est |
air/expedited, rail intermoadl, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
55 | Blue Ribbon Transport | $15.0 | $102.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
56 | Watco Logistics | $15.0 | $64.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
57 | Leonard's Express | $15.0 | $101.0 est |
rail intermodal (2,304), LTL (11,480), dry van truckload (28,443), refrigerated (27,716), flatbed/heavy haul (599), bulk/tank (33) |
58 | Triple T Transport | $15.0 | $100.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
59 | Syfan Logistics | $14.8 | $84.4 est |
air/expedited (11,100), rail intermodal (1,450), dry van truckload (6,650), refrigerated (12,600), flatbed/heavy haul (100), bulk/tank (50), parcel (4,300) |
60 | Genpro Inc. | $14.0 | $130.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
61 | ROAR Logistics | $13.5 | $70.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
62 | Covenant Logistics Group | $13.5 | $92.2 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
63 | CRST The Transportation Solution | $13.0 | $106.6 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
64 | Koch Logistics | $12.5 | $85.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
65 | D&L Transport | $12.5 | $91.5 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
66 | Amino Transport | $11.6 | $67.0 est |
dry van and refrigerated truckload, LTL, flatbed/heavy haul |
67 | TransCorr National Logistics | $11.5 | $84.0 est |
rail intermodal (200), LTL (5,350), dry van truckload (80,700), refrigerated (500), flatbed/heavy haul (5,825) |
68 | J.H. Rose Logistics | $10.5 | $70.0 est |
rail intermodal, LTL, dry van truckload, 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
Knight-Swift Reports 71% Earnings Drop for Q2
Canada Dockworkers to Vote on New Contract Today
The union representing more than 7,000 dockworkers at two of Canada’s busiest ports is set for a key vote on a new contract today, potentially putting an end to labor unrest.
CSX’s Q2 Profit Falls 15% Annually
OMAHA, Neb. — Fewer shipping container deliveries this spring hurt CSX railroad’s second-quarter profit and offset a sharp increase in shipments of automobiles.
Senate Defense Bill Includes Freight-Centric Policy
WASHINGTON — A must-pass defense policy bill under consideration in the Senate includes a proposal to further facilitate access for trucks to military bases and installations.
Canadian Dockworkers May Be Reconsidering Rejected Offer
Dockworkers might be rethinking their position on a tentative deal after calling off a renewed strike this weekend at Canada’s west coast ports, according to Prime Minister Justin Trudeau.
M&A Trucking Market Weathers 2023 Headwinds
The trucking industry is facing merger and acquisition headwinds amid declining freight demand and rising interest rates, but deal buzz remains, experts said.
Container Volumes Down Year-Over-Year in June
Container volume was lower in June when measured against year-ago levels at ocean cargo facilities on the West and East Coasts, but some signs of improvement can be seen.
Now Canada Dockworkers Won't Go Back on Strike After All
Workers at Canada’s west coast ports withdrew plans to go back on strike, hours after threatening to restart a disruption that would have paralyzed the country’s busiest maritime hub.
UPS, Teamsters Agree to Resume Talks July 25
UPS Inc. and its union will resume labor talks July 25 after negotiations had stalled earlier this month as the company seeks to head off a strike that could occur as early as Aug. 1.
FMCSA Embarks on New Effort to Catch Fraudulent Movers
The Federal Motor Carrier Safety Administration this spring conducted more than 100 investigations into household goods moving fraud, and is proceeding with 60 enforcement actions.