J.B. Hunt Transport Services experienced a year-over-year decline in earnings and revenue during the second quarter, the company reported July 18.
July 19, 2023![Image](/sites/default/files/images/logos/top_50_logistics_1.png)
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 |
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.
![Armstrong and Associates Logo](/sites/default/files/images/logos/tt50-armstrong2016.jpg)
Extras
On the Bubble
J.B. Hunt Reports Year-Over-Year Declines for Q2
XPO Bolsters Capacity With Expansion in Georgia
XPO has completed the expansion of one of its service centers near Atlanta in an effort to grow capacity in the area, the company announced July 13.
July 18, 2023June Truck Tonnage Ticks Down 0.8% on Annual Basis
Truck tonnage in June slipped 0.8% when measured against the same month in 2022, the fourth straight year-over-year decline, according to American Trucking Associations.
Love’s Musket Corp. Opens First DEF Terminal in Alabama
Love’s Family of Companies announced July 12 that its trading and logistics arm, Musket Corp., has opened its first diesel exhaust fluid terminal in Alabama.
Midwest Rivers’ Falling Water Levels Raise Shipping Concerns
Water levels on the Mississippi and Ohio rivers are falling for a second straight year, raising the prospect of shipping problems along the all-important U.S. freight routes.
UPS to Train Nonunion Employees to Deliver Packages
UPS Inc. plans to train nonunion employees to deliver packages in the event of a labor disruption in the U.S., underscoring the potential for a strike as a crucial negotiating deadline nears.
DHL Plans Expansion in Latin America
Five Latin American nations could share $556 million by 2028 as contract logistics provider DHL Supply Chain plans to expand its regional fulfillment network.
Port Charleston Freight Tied to Averitt Express Expansion
South Carolina state officials have welcomed a $4.58 million expansion by Averitt Express of its operations in Charleston County to meet freight needs from the Port of Charleston.
Strike That Snarled Canada’s Ports to End as Deal Is Reached
A 13-day strike that disrupted shipments at Canada’s western ports is set to end after the dockworkers’ union and a group of employers agreed on a tentative deal.
Amazon Prime Day Drives All Online Sales Up 6.1%
U.S. shoppers spent $12.7 billion online during Amazon.com Inc.’s 48-hour Prime Day, up 6.1% from a year ago but short of estimates for 9.5% growth, according to Adobe Inc.