GREENWICH, Conn. — XPO, one of the world’s largest freight transporters, is reducing its workforce as part of a cost-cutting plan.
May 9, 2023Rank 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 | - |
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
XPO Confirms Job Cuts to Reduce Labor Costs
Daseke Reports Revenue, Earnings Drop in Q1
Daseke Inc. experienced a year-over-year drop in revenue and earnings during the first quarter of 2023, the company reported May 9.
California’s Port Dominance Is Slipping as Cargo Shifts East
The pandemic’s cargo crush pushed the Los Angeles and Long Beach complex close to the breaking point, allowing ports from New York-New Jersey to Houston to grow their market share.
ATRI Announces Top Five Research Issues for 2023
HOLLYWOOD, Fla. — The availability of truck parking spaces rates as the American Transportation Research Institute's No. 1 study topic for 2023.
Engineers Frustrated With Railroad Sick Time Policies
OMAHA, Neb. — Tens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations.
Global Trade Data Shows Early Signs of ‘Reglobalization’
The global trading system is undergoing tectonic shifts spurred by shortages, price spikes and shipping disruptions that will reorient international supply chains for decades to come.
California’s Container Ports to Develop Shared Data System
California’s five container ports have agreed to develop a $27 million, high-tech supply chain infrastructure using a computer cloud to share data and cargo flow information.
Twin California Ports Introduce Zero-Emission Locomotive
Weeks after the California Air Resources Board approved a rule to limit rail pollution, the Pacific Harbor Line on May 4 unveiled one of the nation’s most advanced zero-emission locomotives.
Werner Reports Lower Q1 Earnings on Higher Revenue
Werner Enterprises’ revenue increased but earnings declined during the first quarter of 2023, the company reported May 3.
Maersk Profits Slip in Q1, Forecasts Weak 2023
A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.