Covenant Logistics Group profits tumbled in the first quarter of 2024, with freight rates and volumes taking a toll on earnings as expected.
April 25, 2024
2024 Essential Financial and Operating Information for the 100 Largest Logistics Companies in North America
Up Front
The e-commerce, warehousing and supply chain giant debuts at the very top of the 2024 Top 100 Logistics Companies list
3PLs navigate tough business conditions and compressed margins while awaiting a freight market rebound
Find out where the Top 100 Logistics companies are located by region; click links to view details about each company
Rankings
Logistics 100 | 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 | $1,594.0 | $12,471.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
| 2 | Total Quality Logistics | $1,479.0 | $6,637.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank, air/expedited |
| 3 | WWEX Group | $867.0 | $4,019.0 est |
air/expedited, LTL, dry van truckload, refrigerated, flatbed/heavy haul, parcel |
| 4 | Hub Group | $825.0 | $1,825.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 5 | Coyote Logistics | $500.0 | $3,900.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 6 | Echo Global Logistics | $470.0 | $3,000.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank, parcel |
| 7 | Landstar System | $400.0 | $2,930.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 8 | Schneider | $280.0 | $2,220.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
| 9 | J.B. Hunt Transport Services | $250.0 | $1,840.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
| 10 | Uber Freight | $225.0 | $2,100.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
| 11 | ArcBest Corp. | $208.0 | $1,530.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 12 | Arrive Logistics | $201.0 | $1,800.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 13 | Traffix | $201.0 | $1,001.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank, parcel |
| 14 | Transportation Insight Holding Co. | $198.0 | $1,396.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 15 | Ascent Global Logistics | $196.0 | $1,402.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
| 16 | Armstrong Transport Group | $170.0 | $1,000.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 17 | Trinity Logistics | $165.0 | $956.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
| 18 | Allen Lund Co. | $160.0 | $1,179.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 19 | ITS Logistics | $156.0 | $1,020.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, bulk/tank |
| 20 | Knight-Swift Transportation | $155.0 | $992.0 est |
rail intermodal, LTL, dry van, refrigerated, flatbed/heavy haul, ocean container |
| 21 | Werner Enterprises | $148.0 | $910.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
| 22 | Integrity Express Logistics | $145.0 | $925.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 23 | MegaCorp Logistics | $132.0 | $880.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 24 | PLS Logistics Services | $129.0 | $906.0 est |
air/expedited, rail intermodal, LTL, dry van truckload |
| 25 | R&R Family of Companies | $127.0 | $795.0 est |
dry van truckload, rail intermodal, LTL, flatbed/heavy haul, air/expedited |
| 26 | Axle Logistics | $118.0 | $808.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 27 | ATS Logistics Services | $101.0 | $642.0 est |
rail intermodal, LTL, dry van truckload |
| 28 | Spot Inc. | $93.0 | $663.0 est |
rail intermodal, LTL, dry van truckload |
| 29 | Redwood Logistics | $90.0 | $640.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 30 | Forward Air/Omni Logistics | $90.0 | $680.0 est |
LTL, dry van truckload, intermodal/drayage |
| 31 | Circle Logistics | $89.0 | $520.0 est |
air/expedited, LTL, dry van truckload, flatbed/heavy haul |
| 32 | Logistic Dynamics | $86.0 | $485.0 est |
dry van truckload, rail intermodal, LTL |
| 33 | England Logistics | $82.0 | $484.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, parcel |
| 34 | Steam Logistics | $81.0 | $583.0 est |
rail intermodal, LTL, dry van truckload, air/expedited |
| 35 | FLS Transportation Services | $78.0 | $512.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
| 36 | Bison Transport | $75.0 | $500.0 est |
LTL, dry van truckload, refrigerated, rail intermodal, flatbed/heavy haul |
| 37 | FitzMark | $70.0 | $450.0 est |
LTL, dry van truckload, air/expedited, flatbed/heavy haul, refrigerated |
| 38 | TA Services | $67.0 | $452.0 est |
LTL, dry van truckload, flatbed/heavy haul, refrigerated |
| 39 | NFI | $65.0 | $440.0 est |
rail intermodal, LTL, dry van truckload, refrigerated |
| 40 | Pepsi Logistics Company | $64.0 | $464.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank, parcel |
| 41 | Syfan Logistics | $62.0 | $341.0 est |
air/expedited, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 42 | KAG Logistics | $60.0 | $438.0 est |
air/expedited, dry van truckload, bulk/tank |
| 43 | DSV A/S (North America) | $57.0 | $441.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, flatbed/heavy haul, parcel |
| 44 | Magellan Transport Logistics | $57.0 | $332.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, flatbed/heavy haul |
| 45 | Direct Connect Logistix | $50.0 | $300.0 est |
rail intermodal, LTL, dry van truckload, refrigerated |
| 46 | Logistics Plus | $46.0 | $241.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank, parcel |
| 47 | Armada Sunset Holdings | $45.0 | $352.0 est |
air/expedited, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 48 | Trident Transport | $45.0 | $275.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 49 | Triple T Transport | $44.0 | $299.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 50 | Cornerstone Systems | $44.0 | $322.0 est |
rail intermodal, LTL, dry van truckload |
| 51 | Canada Cartage/GTI Group | $42.0 | $218.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, flatbed/heavy haul |
| 52 | Universal Logistics Holdings | $41.0 | $244.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank, parcel |
| 53 | Jear Logistics | $41.0 | $286.0 est |
LTL, dry van truckload, rail intermodal, flatbed/heavy haul |
| 54 | Johanson Transportation Service | $40.0 | $266.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
| 55 | BlueGrace Logistics | $40.0 | $297.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 56 | Geodis (North America) | $40.0 | $407.0 est |
air/expedited, LTL, dry van truckload, rail intermodal, flatbed/heavy haul, refrigerated |
| 57 | Watco Logistics | $37.0 | $317.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 58 | ROAR Logistics | $36.0 | $229.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 59 | Koch Logistics | $35.0 | $190.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 60 | Odyssey Logistics & Technology | $34.0 | $169.0 est |
rail intermodal, LTL, dry van truckload, flatbed/heavy haul, bulk/tank |
| 61 | Radiant Logistics | $32.0 | $210.0 est |
LTL, dry van truckload, refrigerated |
| 62 | Ease Logistics | $32.0 | $323.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 63 | Covenant Logistics Group | $31.0 | $222.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, flatbed/heavy haul, parcel |
| 64 | DB Schenker (North America) | $30.0 | $250.0 est |
air/expedited, LTL, dry van truckload, rail intermodal, parcel |
| 65 | Marten Transport | $30.0 | $166.0 est |
refrigerated, dry van truckload |
| 66 | Tallgrass Freight Co. | $30.0 | $136.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated |
| 86 | SPI Logistics | $29.0 | $155.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 68 | Prosponsive Logistics | $29.0 | $189.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 69 | AJC Logistics | $28.0 | $153.0 est |
LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 70 | Longship | $26.0 | $191.0 est |
dry van truckload, refrigerated, flatbed/heavy haul |
| 71 | Bay & Bay Transportation | $26.0 | $203.0 est |
rail intermodal, LTL, dry van truckload, refrigerated |
| 83 | Capstone Logistics | $25.0 | $160.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 73 | Ryder Supply Chain Solutions | $25.0 | $173.0 est |
air/expedited, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 74 | TransLoop | $24.0 | $138.0 est |
air/expedited, LTL, dry van truckload, rail intermodal, refrigerated, flatbed/heavy haul |
| 79 | Transportation One | $23.0 | $172.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank, air/expedited |
| 76 | Kirsch Transportation | $23.0 | $148.0 est |
rail intermodal, dry van truckload, refrigerated, flatbed/heavy haul |
| 77 | Becker Logistics | $23.0 | $145.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 97 | Best Logistics Group | $23.0 | $134.0 est |
LTL, dry van truckload, flatbed/heavy haul |
| 79 | Dupré Logistics | $23.0 | $154.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
| 99 | Network Transport/Soar Transportation Group | $23.0 | $130.0 est |
dry van truckload, rail intermodal, flatbed/heavy haul |
| 81 | Fifth Wheel Freight | $22.0 | $157.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 82 | ODW Logistics | $22.0 | $146.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, parcel |
| 86 | Penske Logistics | $22.0 | $155.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 97 | Day & Ross | $20.0 | $134.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 85 | Beemac Logistics | $20.0 | $365.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul, bulk/tank |
| 86 | Best Bay Logistics | $19.0 | $193.0 est |
air/expedited, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 83 | Genpro Inc. | $19.0 | $160.0 est |
rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 88 | Cowan Logistics | $18.0 | $143.0 est |
air/expedited, LTL, dry van truckload, flatbed/heavy haul, rail intermodal, refrigerated, bulk/tank |
| 89 | Venture Logistics | $16.0 | $127.0 est |
dry van truckload, LTL, rail intermodal, air/expedited, flatbed/heavy haul |
| 90 | Mullen Group | $14.0 | $149.0 est |
air/expedited, LTL, dry van truckload |
| 91 | KDL Logistics | $14.0 | $165.0 est |
air/expedited, rail intermodal, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
| 92 | Transfix | $12.0 | $200.0 est |
LTL, dry van truckload |
| 93 | AMX | $12.0 | $180.0 est |
air/expedited, LTL, dry van truckload, refrigerated, flatbed/heavy haul |
About the Rankings...
Top 100 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 100 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 100 list.
Extras
If your company appears on the list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics
Many logistics firms saw soft demand as market contraction negatively affected businesses in 2023
Learn more about how companies are selected for Transport Topics' Top 100 largest logistics companies list
Logistics News
Business, Logistics
Covenant Q1 Profit Slumps 76% on Freight Rate Weakness
Government, Business, Technology, Logistics, Global Freight
Amazon Web Services to Build Data Center in Northern Indiana
NEW CARLISLE, Ind. — Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced.
April 25, 2024Business, Logistics, Global Freight
Union Pacific’s First-Quarter Profit Creeps Up 1%
OMAHA, Neb. — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight.
April 25, 2024Business, Logistics, Breaking News
Tonnage Numbers Hit 13th Month of Declines
Truck tonnage reached 13 consecutive months of year-over-year declines after a slight decrease in March, American Trucking Associations reported April 23.
April 24, 2024Government, Business, Fuel, Logistics
DOT Grant Program Focuses on Commercial Ports
The U.S. Department of Transportation announced grants for ports and supply chain corridors as part of the White House’s strategy for advancing a zero-emission freight landscape.
April 24, 2024Business, Logistics, For-Hire
Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO
Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.
April 24, 2024Business, Safety, Logistics
Norfolk Southern Reports Lower Earnings After Settlement
Norfolk Southern’s first-quarter earnings report gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him.
April 24, 2024Business, Equipment, Safety, Logistics
Truck Body Repair Collaborations Help Streamline Planning
Repairing the body on a Class 8 truck is a process of handling moving parts while performing a proper assessment and eventually restoring the unit to a safe, roadworthy state as quickly as possible.
April 23, 2024Business, Safety, Logistics
Baltimore Port to Open Deeper Channel
Officials plan to open a deeper channel for commercial ships to access the Port of Baltimore starting April 25, marking a significant step toward reopening the major maritime shipping hub.
April 23, 2024Business, Logistics, For-Hire
UPS Reports 41% Earnings Drop During Q1
UPS Inc. experienced a 41.3% drop in earnings during the first quarter of 2024, the company reported April 23.
April 23, 2024Archives
-
2023
-
2022
-
2021
-
2020
-
2019
-
2018
-
2017
-
2016
-
2015
-
2014
-
2013
-
2012
-
2011
-
2010
-
2009
-
2008
-
2007
-
2006
-
2005
