Covenant Transportation Group Inc. reported earnings of 33 cents per share on $6.1 million in net income in the quarter ending June 30, the company said in a July 24 news release.
July 29, 2019Sponsored by:
2014 Essential Financial and Operating Information for the 50 largest logistics companies in the U.S. and Canada
Up Front
Our 2014 list produced a few surprises, some fast movers and some new names - along with a new No. 1.
Get a high-level view of where our Top 50 Logistics Companies are located with our interactive Google map.
Our experts break down the rankings and analyze capacity and congestion concerns in a replay of our livestream video.
Rankings
| Rank 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 |
About the Rankings...
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
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52
On the Bubble
WSI
($150 million), Appleton, Wisconsin, provides warehousing and distribution services.
If all you’re looking for are the 2014 Top 50 Logistics Companies and their rank, here they are in a simple, clean table form.
Logistics News
Business, Logistics, Top 100
Covenant 2Q Transport Revenue Up, Net Income Down
Government, Business, Logistics
US-China Talks Set to Resume as Neither Seems Eager for Deal
Almost three months after their trade talks broke down in acrimony, Chinese and American negotiators meet again in Shanghai this week amid tempered expectations for breakthroughs in their yearlong trade war.
July 29, 2019Business, Logistics, Perspective
Perspective: Dealing With Specialty Goods When Consumers Expect Overnight Delivery
Given the robust demand for purchasing nonconveyable goods online — items such as exercise equipment and designer furniture — there exists for capable logistics providers a significant market opportunity.
July 29, 2019Business, Logistics, Top 100
Forward Air Sets Revenue Record in 2Q
Forward Air Corp.’s net income dropped 8.2% from the same quarter last year, the Greeneville, Tenn.-based company reported July 26. But at the same time, the company set a second-quarter record for revenue.
July 26, 2019Business, Logistics, Top 100
TFI International Reports Record Operating Income for 2Q
TFI International reported record results for its second quarter ending June 30, the company said in a July 25 press release.
July 26, 2019Business, Logistics
Amazon’s Spending on One-Day Delivery Dents Profit, Trims Forecast
Amazon.com’s results were marred by a surge in costs tied to its one-day delivery push, worrying investors who had grown accustomed to almost two straight years of fattening profits.
July 26, 2019Government, Business, Technology, Logistics, Top 100
China Rejects FedEx’s Defense for Rerouted Huawei Packages
China rebuffed FedEx Corp.’s claims that it mistakenly rerouted some Huawei Technologies Co. packages to the U.S. and warned that authorities found other violations by the American delivery firm, raising concern the company could face repercussions from Beijing.
July 26, 2019Business, Logistics, Top 100
Mullen Group’s Revenue Jumps 7.9% as Oil Service Remains in Demand
Canadian carrier Mullen Group Ltd. increased revenue by C$23.3 million, or 7.9%, to $319 million in the second quarter ended June 30, according to a company news release.
July 25, 2019Business, Logistics, Top 100
ODFL Sets Company Records as Earnings, Revenue Rise
Less-than-truckload carrier Old Dominion Freight Line reported higher net income and revenue in the second quarter as it achieved, amid lower shipments and tonnage, company records for revenue, operating ratio and earnings per diluted share.
July 25, 2019Business, Logistics
Amazon Eyes Large Warehouse Spot at Brooklyn’s Industry City
Amazon.com Inc. is in talks to rent space at Brooklyn’s Industry City for a new logistics facility, according to a person with knowledge of the matter.
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