With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply chain strains show up in companies’ earnings reports.
January 23, 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
Red Sea Chaos Starting to Impair Profits Across Industries
PS Logistics Unit Expands Flatbed Division in North Carolina
PS Logistics’ Blair Logistics unit announced it has acquired the flatbed division of Kenly, N.C.-based ELS for an undisclosed sum.
Ports on Both Coasts Wrap 2023 Below Year-Earlier Levels
The nation’s port leaders say that while container volume was down in the Pacific, Atlantic and Gulf of Mexico facilities, overall trends for 2024 are pointing up.
Forward Air Reaches Deal With Omni Logistics on Acquisition
Forward Air Corp. and Omni Logistics have settled litigation surrounding a planned merger that allows a deal to proceed under amended terms, the companies announced Jan. 22.
STB Calls for Status Hearing on Gulf Coast Amtrak Project
The U.S. Surface Transportation Board, which oversaw hearings into the possible restart of Gulf Coast rail during 2022, is calling the parties involved in the case for a status hearing.
Boeing Cargo Plane Makes Emergency Landing at Miami Airport
MIAMI — A witness saw sparks shooting from a cargo plane as it made an emergency landing at Miami International Airport shortly after takeoff.
January 19, 2024J.B. Hunt Reports Revenue Declined to $3.3 Billion for Q4
J.B. Hunt Transport Services Inc. reported a decline in fourth-quarter earnings as a result of weaker performance across its segments and rising insurance costs, the company reported Jan. 18.
AI, Analytics, Automation Drive the Development of TMS
Transportation management systems have evolved to provide real-time data and advanced analytics to improve freight visibility and fleet decision-making.
Red Sea Attacks Disrupt Food Trade, Risk Higher Grocery Costs
Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to halt a slowdown in food inflation that brought some relief to strained consumers.
January 19, 2024CMA CGM, Subsidiary Ceva to Buy UK Logistics Firm Wincanton
French shipping giant CMA CGM SA agreed to buy U.K. logistics company Wincanton Plc, part of the billionaire Saade family’s buying spree to diversify its transport operations.