Norfolk Southern Corp. agreed to acquire Cincinnati Southern Railway, tightening the company’s grip on a critical 337-mile line it already operates under a lease agreement.
November 21, 2022Rank 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
Norfolk Southern to Buy Cincinnati Rail Line for $1.62 Billion
Carriers Feeling Cheery About On-Time Holiday Deliveries
The nation’s major shipping companies are in the best shape to get holiday shoppers’ packages delivered on time since the start of the pandemic, suggesting a return to normalcy.
December Strike Possible as Rail Union Rejects Labor Deal
The possibility of a nationwide freight rail strike beginning as early as Dec. 9 moved one step closer when the union SMART-TD, one of the largest in contract talks with the six Class I freight carriers, turned down a tentative agreement negotiated in mid-September by Labor Secretary Marty Walsh and other officials.
Judge Orders Amazon to Stop Retaliations Against Organizers
A federal judge has ordered Amazon to stop retaliating against employees engaged in workplace activism, issuing a mixed ruling that also hands a loss to the federal labor agency that sued the company earlier this year.
Trucking M&A Activity Heads Toward Year-End Boost
The trucking and logistics industries could be headed for another year-end boost in merger and acquisition activity.
Engineers Ratify, but Conductors Split on Rail Labor Contract
Railroad engineers accepted their deal with the railroads that will deliver 24% raises but conductors rejected the contract, casting more doubt on whether the industry will be able to resolve the labor dispute before December’s deadline.
Karmak Acquires Truckmore to Bolster Digital Truck Dealer Services
Business management services provider Karmak Inc. on Nov. 16 announced the acquisition of truck dealer technology company Truckmore.
November 21, 2022Some Owner-Operators Return to Fleets as Spot Market Softens
A surge in spot market rates that led some truck drivers to leave fleet jobs and go into business for themselves has cooled off, bringing with it a downturn in the number of drivers striking out on their own, industry data shows.
FedEx Delivery Contractors’ Threat of Black Friday Walkout Fizzles
FedEx Corp. defused a threat by its delivery contractors to walk off the job on Black Friday in protest of dwindling profits as a trade group representing disgruntled logistics company owners disbanded.
Authorities Say L.A. Railroad Theft Rings Dismantled
Two theft rings that netted more than $18 million worth of merchandise stolen from railroad cars have been dismantled, authorities said Nov. 17, months after images of a sea of discarded containers along Union Pacific tracks in Lincoln Heights, Calif., drew national attention.