UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 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
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
Shopify Will Cut 10% of Staff as e-Commerce Activity Retreats
Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce July 26, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly coming out of the COVID-19 pandemic didn’t pay off.
July 26, 2022Trucker AB 5 Blockade Ends at Port of Oakland
Fruit, nuts and wine are again flowing through the Port of Oakland after truckers quietly ended a multiday blockade over the weekend amid a crackdown on AB 5 protesters by port authorities.
Target to Open Hubs in Chicago, Denver
Target Corp. will open three new package-sorting centers during the next year — two in greater Chicago and one in the Denver area — to further its strategy of using stores to handle online orders.
NYC Ports’ Saturday Hours Aren’t Helping Supply Chain Snarls
The Port of New York and New Jersey is struggling to process cargo despite expanded gate hours, illustrating fresh difficulties plaguing supply chains as shippers redirect goods to avoid bottlenecks in other parts of the country.
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
House Committee Approves Truck Parking Bill
Legislation designed to increase parking access for truck drivers nationwide was easily approved by the House Transportation and Infrastructure panel on July 20.
Pacific, Atlantic Ports Post Strong June Volumes
The Port of Los Angeles reported its highest container volume ever for the month of June in its 115-year history.
Perspective: The Power of Cloud-Based Technology
Over the past few years, we have learned that the more we can do remotely, the more we can potentially mitigate disruptions to business. Across supply chains, a cloud-based transportation management system can help companies facilitate remote operations, allowing businesses — even small ones — to make smarter choices, reduce costs and be more competitive.