SEOUL — Hanjin Shipping Co.'s banks are halting support for the South Korean company, its lead creditor said, making it likely the nation's largest shipper is headed for bankruptcy as it is dragged down by a deep global industry downturn.
August 30, 2016Sponsored by:
2016 Essential Financial and Operating Information for the 50 largest logistics companies in the U.S. and Canada
Up Front
Learn how to be included in the 2017 Top 50 Logistics Companies listing.
As online sales continue to soar, so have the expectations of consumers for goods to be delivered quickly and cheaply.
Our April 20 LiveOnWeb webcast looked at how online shopping is creating enormous disruption to freight networks and modes of delivery. Plus we looked back at the new TT Top 50 Logistics Companies rankings. Watch the replay.
Rankings
| Rank This Year | Rank Last Year | Company | Net Revenue (Millions) | Gross Revenue (Millions) | Employees |
|---|---|---|---|---|---|
| 1 | 1 | UPS Supply Chain Solutions | $3,108 est
|
$5,900 | 12,700 |
| 2 | 12 | XPO Logistics | $2,841 est
|
$5,536 | - |
| 3 | 2 | J.B. Hunt Transport Services | $2,660 est
|
$5,816 | - |
| 4 | 4 | C.H. Robinson Worldwide | $2,268 est
|
$13,476 | 13,159 |
| 5 | 5 | Expeditors International of Washington | $2,188 est
|
$6,617 | 15,397 |
| 6 | 3 | Ryder Supply Chain Solutions | $1,925 est
|
$2,443 | - |
| 7 | 6 | DHL Supply Chain | $1,815 est
|
$3,300 | - |
| 8 | 10 | FedEx Logistics | $1,625 est
|
$3,178 | - |
| 9 | 7 | Ceva Logistics (North America) | $1,570 est
|
$2,452 | - |
| 10 | 8 | Americold Logistics | $1,555 est
|
- | - |
| 11 | 9 | UTi Worldwide | $1,330 est
|
$3,696 | - |
| 12 | 11 | Schneider | $1,275 est
|
$3,480 | - |
| 13 | 13 | Kuehne + Nagel Americas | $1,197 est
|
$5,230 | - |
| 14 | 15 | Penske Logistics | $1,150 est
|
$1,430 | 13,750 |
| 15 | 16 | NFI | $1,130 est
|
$1,200 | 8,101 |
| 16 | 14 | Swift Transportation | $1,065 est
|
$1,418 | 120 |
| 17 | 20 | DB Schenker (North America) | $898 est
|
$2,687 | - |
| 18 | 19 | Neovia Logistics | $860 est
|
- | - |
| 19 | 17 | Werner Enterprises | $826 est
|
$1,052 | 4,933 |
| 20 | 18 | Ruan | $816 est
|
$869 | 5,558 |
| 21 | Lineage Logistics | $800 est
|
- | - | |
| 22 | 24 | OHL | $732 est
|
$1,470 | 8,000 |
| 23 | 22 | Cardinal Logistics | $681 est
|
- | - |
| 24 | 23 | APL Logistics (North America) | $660 est
|
$1,030 | 6,000 |
| 25 | 27 | Kenco Group | $535 est
|
$582 | 3,800 |
| 26 | 26 | Panalpina Inc. | $459 est
|
$2,784 | - |
| 27 | 33 | Total Quality Logistics | $446 est
|
$2,240 | 3,791 |
| 28 | 30 | Universal Logistics Holdings | $444 est
|
- | - |
| 29 | 31 | Hub Group | $413 est
|
$3,526 | 2,633 |
| 30 | 34 | DSC Logistics | $405 est
|
- | - |
| 31 | 32 | Saddle Creek Logistics Services | $390 est
|
- | 2,587 |
| 32 | 28 | U.S. Xpress Enterprises | $351 est
|
$508 | - |
| 33 | 40 | BDP International | $297 est
|
$1,900 | - |
| 34 | 36 | Landstar System | $292 est
|
$1,760 | 1,223 |
| 35 | 45 | Echo Global Logistics | $290 est
|
$1,512 | 2,335 |
| 36 | 35 | Toll Global Forwarding | $285 est
|
$1,448 | - |
| 37 | 37 | Performance Team | $278 est
|
$279 | 4,300 |
| 38 | 38 | Burris Logistics | $275 est
|
$3,524 | - |
| 39 | 42 | Preferred Freezer Services | $265 est
|
$324 | 1,525 |
| 40 | Apex Logistics International | $255 est
|
$613 | - | |
| 41 | 41 | Cowan Logistics | $252 est
|
$347 | 1,258 |
| 42 | 29 | Fidelitone | $235 est
|
$245 | 690 |
| 43 | Estenson Logistics | $226 est
|
$226 | - | |
| 44 | 47 | Crane Worldwide Logistics | $217 est
|
$654 | - |
| 45 | 44 | Averitt Express | $204 est
|
$396 | - |
| 46 | WWEX Group | $200 est
|
$750 | - | |
| 47 | Port Logistics Group | $190 est
|
$200 | 2,500 | |
| 48 | Radiant Logistics | $189 est
|
$872 | - | |
| 49 | 43 | SCI Group | $187 est
|
$189 | - |
| 50 | 48 | Odyssey Logistics & Technology | $180 est
|
$590 | - |
| 50 | 50 | Agility Logistics | $180 est
|
$774 | - |
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
A former Transport Topics editor who worked at Amazon examines the hustle and bustle of the online retailer.
54
On the Bubble
Dupre Logistics
($168 million), Lafayette, La., provides customs brokerage, dedicated contract carriage, freight brokerage, freight payment and auditing, intermodal and drayage, inventory management and packaging, supply chain consulting and transportation management.
Visit our new sector pages for top brokerage firms, warehousing firms, dedicated contract carriers, ocean freight forwarders and airfreight forwarders.
If your company appears in the 2016 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics' Top 50 Logistics Companies Publication.
Find out where the carriers are by regions and by state in North America with our interactive map.
Logistics News
Business, Logistics
Seventh Largest Container Shipping Company One Step Closer to Bankruptcy
Business, Logistics
NFI Will Pay $1 Million to Settle Overtime Probe
National Freight Inc. will pay about $1 million to settle a Labor Department investigation that concluded the New Jersey-based warehouse and distribution company didn't pay 357 driver dispatchers and yard spotters for overtime, the DOL announced.
August 26, 2016Business, Equipment, Logistics, Fuel
Exxon to Introduce New Engine Oils on Website
ExxonMobil said it will introduce the new product line and details of its Mobil Delvac-branded CK-4 and FA-4 commercial vehicle engine oils on its website, mobildelvac.com on Sept. 20.
August 26, 2016Logistics
Former Norfolk Southern CEO Named President of Amtrak
Amtrak appointed Charles “Wick” Moorman, former CEO of Norfolk Southern Corp., as its new president, effective Sept. 1, to succeed the retiring Joe Boardman.
August 19, 2016Business, Logistics
Maersk Exploring All Options as Report Points to 2-Way Split
A.P. Moeller-Maersk A/S said it's still considering several options in its strategic review after a local newspaper reported that the Danish conglomerate was exploring a two-way split into an energy and a transport company.
August 19, 2016Business, Logistics
Proposed Florida Freight Zone Gets Thumbs-Up From County Planning Organization
BARTOW, Fla. — A proposed freight logistics zone stretching from the Port of Tampa to Lake Wales won an endorsement on Aug. 18 from Polk's Transportation Planning Organization.
August 18, 2016Business, Logistics
XPO Logistics Continues to Restructure Debt
XPO Logistics has priced $1.64 billion in refinancing of its existing term loan, as part of an effort to improve cash flow by reducing annual interest costs by about $40 million.
August 17, 2016Business, Logistics
Analysis: Maersk's Sinking Feeling
It's a sign of stunted investor expectations when an 89% slide in quarterly profit triggers a 3% share price jump.
August 17, 2016Government, Business, Logistics
Railroad Regulators Award $25 Million for Automatic Braking System
Railroad operators around the country got a boost from federal regulators in their efforts to implement the automatic braking system known as positive train control.
August 16, 2016Business, Logistics
World’s Biggest Shipping Firm Warns Against US Protectionism
A. P. Moeller-Maersk A/S, a Danish conglomerate that owns the world’s largest container shipping company, is voicing concern as a potential shift in U.S. policy threatens to reduce global trade.
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