Norfolk Southern’s Q4 profit fell 33% due to the ever-growing costs of the cleanup of last year’s derailment in eastern Ohio, but the railroad did deliver 3% more shipments in the quarter.
January 26, 2024Rank 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
Norfolk Southern Q4 Profit Down 33%, Derailment Costs Rising
Europe’s Diesel Supply Chain Threatened by High Freight Costs
A surge in shipping costs due to turmoil in the Red Sea is pressuring Europe’s diesel supply chain, contributing to a sharp jump in fuel prices.
CSX Reports Slight Revenue Knock for Q4
CSX Corp. experienced a slight decrease in year-over-year revenue during the fourth quarter of 2023, the company reported Jan. 24.
Union Pacific Profit Up 1% in Q4 as Deliveries Rise
OMAHA, Neb. — Union Pacific’s fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles.
Canadian National Railway Maintains Earnings Growth Forecast
Canadian National Railway is sticking with its outlook for double-digit profit growth over the next few years, moving past a 2023 marred by labor strife, low grain shipments and a sluggish economy.
New Landstar Facility to Focus on Owner-Operators
Landstar has started construction on a new field operations center in Crawfordsville, Ind., the company announced Jan. 18. The facility will be built with owner-operators in mind.
Port NOLA Project Gets $226 Million in Federal Grant
WASHINGTON — The planned $1.8 billion Louisiana International Terminal project in St. Bernard Parish was awarded a $226 million grant Jan. 22 from the U.S. Department of Transportation.
Truck Tonnage in December Dips 0.5% Year-Over-Year
Truck tonnage dipped in December, closing out the worst 12 months for freight activity since the pandemic year of 2020, American Trucking Associations reported.
Amazon Fined in France for Employee Monitoring in Warehouses
France’s privacy watchdog said Jan. 23 that it hit Amazon’s warehouse unit with a $35 million fine for using an “excessively intrusive system” to monitor worker performance and activity.
January 23, 2024C.H. Robinson Announces Electronic Bill of Lading for LTLs
C.H. Robinson is implementing an electronic bill of lading process for its largest less-than-truckload carriers, a move in its continued efforts to digitize documents, the company announced Jan. 22.