The spot market has been declining, but with rates and volumes still above historic norms it’s unclear where it will stabilize.
May 19, 2022Rank This Year | Rank Last Year | Company | Net Revenue (Millions) | Gross Revenue (Millions) | Employees |
---|---|---|---|---|---|
1 | 5 | UPS Supply Chain Solutions | $2,860 est
|
$5,492 | - |
2 | 2 | J.B. Hunt Transport Services | $2,600 est
|
$5,224 | - |
3 | 1 | DHL Supply Chain | $2,550 est
|
$4,600 | - |
4 | 3 | Ryder Supply Chain Solutions | $2,064 est
|
$2,383 | - |
5 | 16 | Expeditors International of Washington | $1,883 est
|
$6,080 | 13,900 |
6 | 6 | C.H. Robinson Worldwide | $1,836 est
|
$12,752 | 11,645 |
7 | 4 | Ceva Logistics (North America) | $1,770 est
|
$2,641 | - |
8 | 7 | Americold Logistics | $1,696 est
|
- | 12,000 |
9 | 26 | UTi Worldwide | $1,525 est
|
$4,441 | 21,018 |
10 | 10 | Schneider | $1,242 est
|
$3,390 | - |
11 | 11 | Kuehne + Nagel Americas | $1,109 est
|
$5,046 | - |
12 | 45 | XPO Logistics | $1,100 est
|
$2,800 | - |
13 | 12 | Genco | $1,007 est
|
$1,509 | 9,985 |
14 | 13 | APL Logistics (North America) | $955 est
|
$1,600 | - |
15 | 14 | NFI | $914 est
|
$1,091 | - |
16 | 18 | Swift Transportation | $890 est
|
$1,091 | - |
17 | 17 | Werner Enterprises | $832 est
|
$1,138 | 4,580 |
18 | 8 | DB Schenker (North America) | $806 est
|
$2,838 | 6,000 |
19 | 9 | Neovia Logistics | $800 est
|
- | - |
20 | 19 | Penske Logistics | $779 est
|
$968 | 10,089 |
21 | 22 | Ruan | $767 est
|
$807 | 5,139 |
22 | 20 | Menlo Worldwide | $682 est
|
$1,540 | 8,500 |
23 | 15 | Cardinal Logistics | $681 est
|
- | - |
24 | 24 | Jacobson Cos. | $590 est
|
$800 | 5,500 |
26 | 21 | OHL | $570 est
|
$1,142 | 8,158 |
27 | 27 | U.S. Xpress Enterprises | $475 est
|
$618 | - |
28 | 28 | Kenco Group | $474 est
|
$510 | 3,800 |
29 | 30 | Fidelitone | $471 est
|
$481 | 708 |
30 | 31 | FedEx Logistics | $458 est
|
$1,387 | 900 |
31 | 35 | Universal Logistics Holdings | $451 est
|
- | - |
32 | 29 | Hub Group | $371 est
|
$3,374 | 1,334 |
33 | 34 | Saddle Creek Logistics Services | $358 est
|
- | 2,470 |
34 | 32 | DSC Logistics | $340 est
|
- | - |
35 | 36 | Toll Global Forwarding | $297 est
|
$1,468 | - |
36 | 37 | Panalpina Inc. | $291 est
|
$1,225 | - |
37 | 42 | Total Quality Logistics | $288 est
|
$1,838 | 2,752 |
38 | 38 | Burris Logistics | $256 est
|
- | - |
39 | 39 | Performance Team | $255 est
|
- | 3,840 |
40 | 37 | BDP International | $254 est
|
$1,900 | - |
41 | Coyote Logistics | $231 est
|
$2,000 | 2,000 | |
42 | 43 | Preferred Freezer Services | $225 est
|
$275 | 1,800 |
43 | 47 | Cowan Logistics | $223 est
|
$330 | - |
44 | 33 | Landstar System | $217 est
|
$1,301 | - |
45 | 46 | SCI Group | $212 est
|
$213 | 1,800 |
46 | 44 | Averitt Express | $189 est
|
$326 | - |
47 | 49 | Damco International | $185 est
|
$1,007 | - |
48 | 40 | Agility Logistics | $175 est
|
$795 | - |
49 | Legacy Supply Chain Services | $170 est
|
$380 | - | |
50 | Echo Global Logistics | $155 est
|
$884 | 1,350 |
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
Spot Market Normalization Signals Uncertain Future
House Panel Approves Water Bill
Legislation that would approve dozens of projects and studies under the purview of the Army Corps of Engineers was advanced by a committee in the U.S. House of Representatives on May 18.
Industry Faces Obstacles in Bid to Mitigate Driver Shortage
SCOTTSDALE, Ariz. — Accelerated retirements, an aging workforce, a decadeslong declining birthrate and low unemployment rate continue to cause challenges for the trucking industry as it seeks to overcome the 80,000-plus driver shortage.
Worker Shortages Snarl Shipping Even as Shanghai Lockdown Eases
China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to global supply chain congestion, according to a major shipping company.
Ryder Expands Last-Mile Delivery Network With Boise Hub
Ryder System Inc. opened a facility in Caldwell, Idaho, as part of a strategic expansion of its last-mile network, the company announced May 17.
Home Depot Overcomes Slow Start to Year, Rising Home Prices
Home Depot’s first-quarter sales improved despite a slow spring start, and the home improvement chain raised its full-year guidance.
Retail Sales Show Consumers Standing Firm in Face of Inflation
U.S. retail sales grew at a solid pace in April, reflecting broad-based gains and suggesting demand for merchandise remains resilient despite rampant inflation.
Icebreaker Shortage Freezes Up Supply Chain on Great Lakes
CLEVELAND — More than 1.6 million tons of cargo ship carrying capacity was delayed for 28 days due to ice conditions on Lake Superior, Lake Huron, Lake Michigan and in Green Bay. A lack of Coast Guard icebreakers hampered efforts to meet the needs of commerce.
XPO Logistics Considers Sale of Freight-Forwarding Unit
XPO Logistics Inc. is considering a sale of its freight-forwarding unit as it continues to pursue divestitures, according to people with knowledge of the matter.
May 13, 2022Bill Gates Sells $940 Million of CN Rail Stock
Bill Gates sold about $940 million of Canadian National Railway Co. shares, trimming one of the largest holdings of the investment firm that controls his $117 billion personal fortune.