Leaders with less-than-truckload carrier Yellow Corp. are touting the company’s fifth successive quarter of financial improvement and strong second-quarter earnings that beat Wall Street expectations.
August 4, 2022![Image](/sites/default/files/images/logos/top_50_logistics_0.png)
Rank This Year | Rank Last Year | Company | Net Revenue (Millions) | Gross Revenue (Millions) | Employees |
---|---|---|---|---|---|
1 | 1 | UPS Supply Chain Solutions | $3,030 est
|
$5,758 | - |
2 | 2 | J.B. Hunt Transport Services | $2,605 est
|
$5,799 | - |
3 | 4 | Ryder Supply Chain Solutions | $2,157 est
|
$2,461 | - |
4 | 6 | C.H. Robinson Worldwide | $2,131 est
|
$14,093 | 11,521 |
5 | 5 | Expeditors International of Washington | $1,981 est
|
$6,565 | 14,659 |
6 | 3 | DHL Supply Chain | $1,815 est
|
$3,300 | 47,000 |
7 | 7 | Ceva Logistics (North America) | $1,715 est
|
$2,618 | - |
8 | 8 | Americold Logistics | $1,696 est
|
- | 11,000 |
9 | 9 | UTi Worldwide | $1,548 est
|
$4,369 | 21,018 |
10 | 13 | FedEx Logistics | $1,465 est
|
$2,896 | 10,885 |
11 | 10 | Schneider | $1,242 est
|
$3,393 | - |
12 | 12 | XPO Logistics | $1,160 est
|
$3,140 | - |
13 | 11 | Kuehne + Nagel Americas | $1,105 est
|
$5,157 | - |
14 | 16 | Swift Transportation | $1,045 est
|
$1,394 | - |
15 | 20 | Penske Logistics | $915 est
|
$1,137 | 10,882 |
16 | 15 | NFI | $914 est
|
$1,091 | - |
17 | 17 | Werner Enterprises | $844 est
|
$1,182 | 4,632 |
18 | 19 | Ruan | $805 est
|
$848 | 5,595 |
19 | 19 | Neovia Logistics | $800 est
|
- | - |
20 | 18 | DB Schenker (North America) | $774 est
|
$2,615 | 6,000 |
21 | 22 | Menlo Logistics | $749 est
|
$1,718 | 8,500 |
22 | 23 | Cardinal Logistics | $681 est
|
- | - |
23 | 14 | APL Logistics (North America) | $660 est
|
$1,030 | 6,000 |
24 | 26 | OHL | $650 est
|
$1,305 | 8,302 |
25 | 24 | Norbert Dentressangle | $601 est
|
$781 | 6,500 |
26 | 36 | Panalpina Inc. | $538 est
|
$2,463 | - |
27 | 28 | Kenco Group | $506 est
|
$518 | 3,800 |
28 | 27 | U.S. Xpress Enterprises | $475 est
|
$618 | - |
29 | 29 | Fidelitone | $454 est
|
$463 | 715 |
30 | 31 | Universal Logistics Holdings | $449 est
|
- | - |
31 | 32 | Hub Group | $370 est
|
$3,571 | 2,568 |
32 | 33 | Saddle Creek Logistics Services | $358 est
|
- | 2,453 |
33 | 37 | Total Quality Logistics | $352 est
|
$2,142 | 3,131 |
34 | 34 | DSC Logistics | $340 est
|
- | - |
35 | 35 | Toll Global Forwarding | $297 est
|
$1,468 | - |
36 | 44 | Landstar System | $270 est
|
$1,624 | - |
37 | 39 | Performance Team | $261 est
|
$263 | 3,845 |
38 | 38 | Burris Logistics | $256 est
|
- | - |
39 | 41 | Coyote Logistics | $255 est
|
$2,094 | 1,994 |
40 | 40 | BDP International | $254 est
|
$1,900 | - |
41 | 43 | Cowan Logistics | $240 est
|
$346 | - |
42 | 42 | Preferred Freezer Services | $225 est
|
$275 | 1,800 |
43 | 45 | SCI Group | $212 est
|
$213 | 1,800 |
44 | 46 | Averitt Express | $210 est
|
$365 | - |
45 | 50 | Echo Global Logistics | $208 est
|
$1,173 | 1,734 |
46 | 47 | Damco International | $185 est
|
$1,007 | - |
47 | Crane Worldwide Logistics | $183 est
|
$689 | - | |
48 | 49 | Legacy Supply Chain Services | $180 est
|
$401 | - |
48 | Odyssey Logistics & Technology | $180 est
|
$590 | - | |
50 | 48 | Agility Logistics | $175 est
|
$795 | - |
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.
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Extras
On the Bubble
LTL Carrier Yellow Reports Strong Q2 Earnings
GXO Posts $2.2 Billion in Q2 Revenue, Marks First Anniversary
GXO Logistics Inc. closed out its first year as an independent company with revenue and earnings growth in the second quarter of 2022, the company reported Aug. 2.
Bureau of Prisons Expands CDL Training for Women
Efforts are underway in federal and state-level prison systems to help inmates train for and transition into careers in trucking upon their release, with the Federal Bureau of Prisons expanding its commercial driver license programs to focus on women.
Driver Pay Raise Trend Catches Crosswinds
The trucking industry has rapidly increased driver pay in recent years, but with a softening freight environment that trend is spinning off in several directions.
Logistics Firm Terra Worldwide Explores $1 Billion Sale
Terra Worldwide Logistics, a closely held provider of logistics services, is exploring a sale amid consolidation in the industry, according to people familiar with the matter.
Amazon Starts Same-Day Deliveries From Stores in Metro Areas
Amazon.com Inc. has started delivering items from brick-and-mortar stores in a dozen metro areas, the e-commerce giant’s latest effort to make more products available for speedy delivery.
Perspective: Flexibility Helps With Supply Chain Delays
For years, just-in-time supply chain practices were the name of the game for many companies. But in the aftermath of the pandemic and subsequent supply chain tangles, building up and keeping heavier inventories has come to the forefront as a core strategy. While there’s merit to both approaches, companies need to be prepared and take some action on unintended consequences of the new sea change.
Universal Logistics Reports Record-Breaking Q2
Universal Logistics Holdings reported all-time highs for revenue, operating income and earnings per share in its second-quarter earnings report July 28.
Interactive Map: Where the 2022 Top 100 For-Hire Carriers Are in North America
Find out where the 2022 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.
July 29, 2022CP Announces Q2 Earnings, Moves Forward With Efforts to Acquire KCS
Canadian Pacific Railway posted a drop in net income but an increase in revenue for the second quarter, as it confronts renewed opposition to its planned acquisition of Kansas City Southern Railroad.