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 | $1,788.5 | $11,247.9 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
2 | Total Quality Logistics | $683.0 | $3,643.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
3 | UPS Supply Chain Solutions | $515.0 | $4,000.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
4 | XPO Logistics | $514.0 | $2,900.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
5 | Echo Global Logistics | $420.4 | $2,439.7 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
6 | Landstar System | $400.0 | $2,408.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
7 | WWEX Group | $360.0 | $1,650.0 est |
air/expedited, LTL, dry van truckload, refrigerated, flatbed/heavy haul, parcel |
8 | GlobalTranz Enterprises | $245.0 | $1,384.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank, parcel |
9 | J.B. Hunt Transport Services | $205.5 | $1,334.6 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
10 | Sunteck TTS | $196.8 | $1,110.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
11 | BlueGrace Logistics | $180.0 | $338.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
12 | Mode Global | $145.5 | $1,254.9 est |
air/expedited (7,400), rail intermodal (204,057), LTL (375,556), dry van truckload (222,351), parcel (61,884) |
13 | Schneider | $120.0 | $800.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
14 | BNSF Logistics | $114.0 | $613.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
15 | Nolan Transportation Group | $107.0 | $811.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
16 | England Logistics | $101.0 | $508.8 est |
rail intermodal (1,204), LTL (66,876), dry van truckload (68,026), refrigerated (43,776), flatbed/heavy haul (6,383), parcel (798,219) |
17 | Allen Lund Co. | $97.0 | $653.1 est |
rail intermodal (309), LTL (97,000), dry van truckload (194,889), refrigerated (91,426), flatbed/heavy haul (8,624) |
18 | Trinity Logistics | $88.0 | $555.0 est |
rail intermodal (4,485), LTL (64,022), dry van truckload (104,572), refrigerated (52,286), flatbed/heavy haul (92,123) |
19 | Redwood Logistics | $85.0 | $500.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, parcel |
20 | Werner Enterprises | $81.9 | $518.1 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
21 | FLS Transportation Services | $75.0 | $500.0 est |
air/expedited (1,850), rail intermodal (850), LTL (86,350), dry van truckload (165,000), refrigerated (31,000), flatbed/heavy haul (14,000), bulk/tank (400) |
22 | Knight-Swift Transportation | $75.0 | $436.0 est |
rail intermodal, LTL, dry van, refrigerated, flatbed/heavy haul, ocean container |
23 | ArcBest Corp. | $74.0 | $463.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
24 | Ascent Global Logistics | $70.0 | $403.1 est |
air/expedited (5,604), rail intermodal (3,150), LTL (1,049,801), dry van truckload (107,077), refrigerated (132,919), flatbed/heavy haul (17,059), bulk/tank (415) |
25 | Matson Logistics | $67.0 | $535.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
26 | Armstrong Transport Group | $63.2 | $435.6 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
27 | ReTrans | $62.2 | $364.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
28 | ATS Logistics Services | $60.7 | $412.1 est |
air/expedited, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
29 | Hub Group | $60.0 | $497.3 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
30 | Magnate Worldwide | $55.0 | $198.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
31 | Universal Logistics Holdings | $55.0 | $367.6 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
32 | Integrity Express Logistics | $54.8 | $412.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
33 | Traffix | $54.0 | $314.0 est |
rail intermodal (4,000), LTL (11,000), dry van truckload (70,000), refrigerated (40,000), flatbed/heavy haul (3,000) |
34 | PLS Logistics Services | $53.0 | $470.0 est |
air/expedited (413), rail intermodal (1,374), LTL (13,947), dry van truckload (85,280), refrigerated (3,749), flatbed/heavy haul (230,258), bulk/tank (1,557), parcel (1) |
35 | NFI | $49.0 | $323.0 est |
rail intermodal, LTL, dry van truckload, refrigerated |
36 | Arrive Logistics | $48.0 | $368.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
37 | MegaCorp Logistics | $46.1 | $304.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
38 | Choptank Transport | $45.0 | $300.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
39 | Cornerstone Systems | $37.0 | $318.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
40 | LoadDelivered | $34.5 | $195.6 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
41 | Circle Logistics | $34.0 | $172.0 est |
rail intermodal (1,000), LTL (1,000), dry van truckload (57,000), refrigerated (4,000), flatbed/heavy haul (35,000) |
42 | Patterson Cos. | $33.0 | $195.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
43 | U.S. Xpress Enterprises | $32.5 | $242.8 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
44 | ITS Logistics | $31.0 | $185.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, bulk/tank |
45 | Triple T Transport | $30.5 | $202.0 est |
rail intermodal (643), less-than-truckload (829), dry van truckload (11,886), refrigerated (60,688), flatbed/heavy haul (238) |
46 | RPM | $28.7 | $172.5 est |
LTL (8,914), dry van truckload (17,650), refrigerated (529), flatbed/heavy haul (3,042), bulk/tank (730) |
47 | USA Truck | $28.2 | $180.9 est |
rail intermodal (3,804), dry van truckload (108,737) |
48 | R2 Logistics | $28.0 | $215.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
49 | KAG Logistics | $28.0 | $204.9 est |
bulk/tank (850,000) |
50 | Pepsi Logistics Company | $26.8 | $273.3 est |
dry van truckload |
51 | Radiant Logistics | $25.3 | $214.5 est |
LTL, dry van truckload, refrigerated |
52 | U.S. Logistics | $23.0 | $155.0 est |
rail intermodal (1,200), LTL (3,000), dry van truckload (29,400), refrigerated (12,600), flatbed/heavy haul (37,800) |
53 | Armada Sunset Holdings | $23.0 | $159.0 est |
air/expedited (600), rail intermodal (289), LTL (39,373), dry van truckload (72,000), refrigerated (7,575), flatbed/heavy haul (4,842), bulk/tank (2,080) |
54 | Geodis (North America) | $22.7 | $325.7 est |
air/expedited (9,518), rail intermodal (2,800), LTL (392,000), dry van truckload (186,000), refrigerated (480,135), flatbed/heavy haul (1,806), bulk/tank (442), parcel (15,000,000) |
55 | CAI Logistics | $22.0 | $111.0 est |
dry van truckload, LTL, flatbed/heavy haul |
56 | Buchanan Hauling & Rigging | $22.0 | $134.0 est |
dry van truckload (66,000), flatbed/heavy haul (44,000) |
57 | ROAR Logistics | $21.5 | $169.4 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
58 | Leonard's Express | $20.2 | $122.3 est |
rail intermodal (2,017), LTL (2,164), dry van truckload (32,314), refrigerated (107,614) |
59 | Diversified Transportation Services | $20.0 | $130.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
60 | Veritiv Operating Co. | $20.0 | $140.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
61 | Watco Logistics | $20.0 | $115.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
62 | D&L Transport | $19.0 | $126.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
63 | RLS Logistics | $18.0 | $82.0 est |
LTL (91,593), dry van truckload (3,679), refrigerated (30,603) |
64 | Covenant Logistics Group | $17.0 | $120.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
65 | TransCorr National Logistics | $16.0 | $101.0 est |
rail intermodal (400), LTL (5,000), dry van truckload (82,600), refrigerated (500), flatbed/heavy haul (5,500) |
66 | Ruan | $16.0 | $100.0 est |
rail intermodal (2,000), LTL (170,000), dry van truckload (145,000), refrigerated (11,000), flatbed/heavy haul (5,000) |
67 | FitzMark | $15.0 | $95.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated |
68 | Averitt Express | $15.0 | $101.0 est |
air/expedited (2,710), rail intermodal (3,989), less-than-truckload (39,837), dry van truckload (37,402), refrigerated (102), flatbed/heavy haul (278), bulk/tank (1), parcel (2) |
69 | Syfan Logistics | $14.8 | $84.4 est |
air/expedited, rail intermodal, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank, parcel |
70 | Amino Transport | $14.5 | $77.9 est |
LTL, dry van truckload, flatbed/heavy haul, refrigerated, rail intermodal |
71 | Marten Transport | $14.1 | $86.4 est |
refrigerated (51,104) |
72 | Genpro Inc. | $14.0 | $130.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
73 | Becker Logistics | $13.2 | $80.5 est |
rail intermodal (1,083), LTL (1,967), dry van truckload (40,916), refrigerated (8,526) |
74 | Fastmore Logistics | $13.1 | $60.3 est |
air/expedited (16,887), dry van truckload (22,549), refrigerated (683), flatbed/heavy haul (55) |
75 | CRST The Transportation Solution | $13.0 | $106.6 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
76 | Magellan Transport Logistics | $13.0 | $79.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, flatbed/heavy haul |
77 | Mid America Logistics | $12.9 | $111.9 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
78 | Koch Logistics | $12.5 | $85.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
79 | Dart Advantage Logistics | $12.4 | $87.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
80 | Axle Logistics | $12.3 | $81.6 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
81 | ISG Transportation | $12.0 | $100.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
82 | Visible Supply Chain Management | $12.0 | $80.0 est |
air/expedited (386), rail intermodal (28), LTL (70,714), dry van truckload (16,961), refrigerated (6,975), flatbed/heavy haul (273), bulk/tank (37) |
83 | Eagle Transportation | $11.9 | $94.7 est |
rail intermodal, LTL, dry van truckload, flatbed/heavy haul |
84 | Kingsgate Logistics Services | $11.9 | $68.9 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
85 | Amstan Logistics | $11.7 | $105.8 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
86 | Dupré Logistics | $11.2 | $85.5 est |
rail intermodal (1,916), LTL (249), dry van truckload (45,353), refrigerated (2,015), flatbed/heavy haul (941), bulk/tank (1,910) |
87 | Avenger Logistics | $11.1 | $63.1 est |
air/expedited (1,050), rail intermodal (105), LTL (2,210), dry van truckload (11,405), refrigerated (1,817), flatbed/heavy haul (16,730), bulk/tank (500) |
88 | SPI International | $11.0 | $72.0 est |
rail intermodal (4,295), LTL (3,515), dry van truckload (11,715), refrigerated (10,153), flatbed/heavy haul (9,372) |
89 | Scout Logistics | $11.0 | $95.0 est |
dry van truckload |
90 | Automated Logistics Systems | $11.0 | $53.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, flatbed/heavy haul |
91 | J.H. Rose Logistics | $10.5 | $70.0 est |
rail intermodal, LTL, dry van truckload, refrigerated |
92 | Bay and Bay Transportation | $10.2 | $75.9 est |
rail intermodal, LTL, dry van truckload, refrigerated |
93 | Legacy Supply Chain Services | $10.1 | $73.0 est |
air/expedited (750), rail intermodal (4,000), LTL (500), dry van truckload (13,000), refrigerated (1,800), flatbed/heavy haul (150) |
94 | Sunset Pacific Logistics Inc. | $10.1 | $31.3 est |
LTL (14,560), dry van truckload (2,120) |
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.