A freight market recession, compressed broker margins and major acquisitions in 2023 have markedly altered the landscape of North America’s largest third-party logistics providers.
April 12, 20242015 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
Amazon Takes No. 1 Spot on Top 100 Logistics List
When Will Freight Market Conditions Improve?
Stubbornly weak freight market conditions have placed financial strain on 3PLs in recent years with an oversupply of truck capacity driving down rates and squeezing brokers’ margins.
About Us: Transport Topics' Top 100 Logistics Companies
The Transport Topics’ Top 100 Logistics Companies is a listing of the largest logistics companies in North America.
April 12, 2024Interactive Map: Where the 2024 Top 100 Logistics Companies Are in North America
Find out where the 2024 Top 100 Logistics Companies are located by regions and by state in North America with our interactive map.
April 12, 20243PLs Persevere Through Down Freight Market, TIA Leaders Say
PHOENIX — Third-party logistics providers have persevered through a tough freight market while taking action to stem a rising tide of fraud, 3PL industry leaders said.
Spot Market Rebalance Slows Amid Volatile Capacity
The spot market is struggling to rebalance as the rate of carriers exiting has slowed despite sluggish demand.
Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine
The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.
Baltimore Port Closure Means 35% Drop in April Coal Exports
Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month.
Rental Clothing Firm Opens Kansas City Fulfillment Center
Operations have begun in Missouri at a 600,000-square-foot fulfillment center for women’s rental clothing company Nuuly in a $60 million two-phase project to create 750 jobs in five years.
NTSB Eyes Ship’s Electrical System After Bridge Crash
Federal investigators looking into what caused a ship to crash into a vital Baltimore bridge last month are homing in on the vessel’s electrical system, NTSB Chair Jennifer Homendy said.
April 10, 2024