Covenant Logistics Group Inc. reported a year-over-year decrease in revenue and earnings during the second quarter of 2023, the company reported July 26.
July 27, 2023Sponsored 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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54
On the Bubble
Verst Group Logistics
($148 million), Walton, Kentucky, provides warehousing and distribution, transportation management and dedicated contract carriage 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
Covenant Reports Revenue, Earnings Decline for Q2
Business, Logistics
Union Pacific Brings Back Jim Vena as CEO
OMAHA, Neb. — Union Pacific on July 26 hired Jim Vena as CEO as the company cut its outlook after reporting disappointing results driven by weakening consumer demand and higher labor costs.
July 26, 2023Government, Business, Logistics
AAPA CEO Connor to Retire Oct. 1 After Four Years at Helm
American Association of Port Authorities CEO Chris Connor announced he is retiring effective Oct. 1.
July 26, 2023Business, Logistics
CN Railway Reports Q2 Revenue Down 7%
Canadian National Railway Co. reported revenue of C$4.06 billion ($3.1 billion) in the second quarter, down 7% and missing analysts’ estimates.
July 25, 2023Business, Logistics, Breaking News, For-Hire
UPS, Teamsters Reach Agreement on New Contract
UPS and the Teamsters have reached a tentative five-year collective bargaining agreement that covers more than 340,000 workers, the company and the union announced in separate statements.
July 25, 2023Government, Business, Safety, Logistics
Kentucky Waives HOS Limits to Aid Storm Relief Efforts
Kentucky issued a temporary emergency order waiving federal hours-of-service rules and weigh station requirements through Aug. 18 for truckers assisting with storm relief efforts.
July 25, 2023Business, Logistics, For-Hire
FedEx Pilots Reject Proposed Multiyear Contract
Union pilots who fly for FedEx announced on July 24 the rejection of a proposed multiyear contract from the company, with 57% of members voting against the deal.
July 24, 2023Business, Logistics
GSC Logistics Acquires Transloading Firm MacMillan-Piper
Third-party logistics provider GSC Logistics Inc. has expanded service capabilities by acquiring transloading company MacMillan-Piper, the company announced July 24.
July 24, 2023Business, Logistics, For-Hire, TCA
Companies That Ship With UPS Develop Contingencies
Some large retailers and other companies across the country are warning customers of potential delivery delays if there is a UPS strike.
July 24, 2023Business, Logistics, For-Hire
Knight-Swift Reports 71% Earnings Drop for Q2
Knight-Swift Transportation Holdings Inc. on July 20 reported that earnings dropped 71% year-over-year in the second quarter.
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