Convoy risks drawing comparisons to Uber in less flattering ways: drivers grousing about getting squeezed and a business model that has yet to turn a profit.
October 29, 20192015 Essential Financial and Operating Information for the 50 largest logistics companies in the U.S. and Canada
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.
Extras
On the Bubble
Convoy Tries to Navigate Some Uber-Scale Problems
Amazon’s Transportation Costs Surge in Q3; Financial Results Mixed
Amazon.com’s shipping costs skyrocketed 46% year-over-year in the third quarter to a record $9.6 billion, an increase of more than $500 million over what the online retail giant spent during the same period in 2018.
Waymo CEO Sees Driverless Trucking Catching on Faster Than Taxis
True driverless cars have arrived from Waymo, the self-driving unit of Alphabet Inc., but the company’s chief executive officer says robot ride hailing may not be the first form of automotive autonomy to take off commercially.
XPO Reports Mixed 3Q Earnings
Global freight transportation and logistics provider XPO Logistics reported mixed financial results for the third quarter on Oct. 28.
With Capacity to Spare, Railroads Have an Eye on Truck Cargo
Rail officials acknowledged on their third-quarter financial calls they have extra capacity to move goods because they are not carrying as much freight as they did in 2017 and 2018, when the economy was roaring.
UPS to Upgrade Health Care-Dedicated Warehouse Network
UPS Inc. will add major upgrades to its health care-dedicated warehouse and distribution network, according to an Oct. 28 news release.
Crane Simulator Trains Baltimore Longshoremen Without Disrupting Dock Operations
The Steamship Trade Association of Baltimore bought a $500,000 simulator this year to train crane operators at the Port of Baltimore without affecting the day-to-day loading and unloading of cargo.
Driver Detention Time Creeps Upward
After improving in 2018, it appears as though driver detention time has increased recently, with many shippers falling back into habits that delay trucks at their docks and push up dwell times.
United Road Acquires Truck Hauler Team Drive-Away
Auto hauler United Road acquired Team Drive-Away, a company that specializes in moving new and used Class 8 trucks, United Road said.
FedEx E-Commerce Revamp Jolts Delivery Army by Piling on Costs
FedEx Corp.’s drive to reap the rewards of e-commerce is stirring anxiety among some of the company’s most important partners: the thousands of small businesses that handle its ground deliveries.