The cost of moving commodities like coal and iron ore across the world’s oceans is surging as China lifts cargo purchases. Whether the rally will withstand the economic aftershocks of the coronavirus is a thornier question.
July 1, 2020![Image](/sites/default/files/images/logos/top_50_logistics.png)
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 | - |
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.
![Armstrong and Associates Logo](/sites/default/files/images/logos/tt50-armstrong2016.jpg)
Extras
On the Bubble
Commodity Freighters Are Shrugging Off COVID-19 — For Now
OPEC Cuts Output to Lowest Since 1991 as Virus Slams Oil Demand
OPEC slashed oil production to the lowest level since the Gulf War in 1991, as it escalated efforts to revive global markets just as a resurgence of the coronavirus is threatening demand again.
FedEx Posts Loss in Q4, Shows Improvement From Year Ago
FedEx said its fourth-quarter net income was a loss of $334 million, or negative $1.28 a share, compared with a loss of $1.97 billion, or negative $7.56 a share, in the 2019 period.
Mark-It Express Acquires Sava Transportation
Mark-It Express Logistics took another step in its expansion plans by acquiring the operating assets of Sava Transportation, the company announced June 30. Terms were not disclosed.
Saudi Oil Cuts Take Seven Supertankers a Day Off the Market
Saudi Arabia seems to have made good on its promise to cut oil production by a record amount in June.
Uber Reportedly in Talks to Buy Delivery Rival Postmates
Uber Technologies Inc. is in talks to purchase Postmates Inc., said a person familiar with the discussions, seeking to expand food delivery services in the U.S. and capitalize on a surge in orders during the coronavirus pandemic.
Amazon to Pay One-Time Bonuses of $500 to Most Logistics Workers
Amazon.com Inc., after complaints about ending pandemic hazard pay, will give one-time bonuses of $500 to most frontline workers.
Meat Shortages Reopen Costly Path to Small US Slaughterhouses
When coronavirus outbreaks forced shutdowns at America’s giant meat plants, it quickly created a bottleneck.
June 26, 2020Oil Rises on Russian Export Cuts, Offsets Virus Demand Jitters
Oil prices rose after Russia slashed exports of its flagship crude Urals to the lowest in at least 10 years, signaling the determination of Moscow to work with its partners at OPEC+ to eliminate an oil glut.
US May Exports Sink to 11-Year Low as Imports Drop
U.S. exports sank to the lowest in more than a decade while imports dropped as the coronavirus continued to curtail demand for goods and upset producers’ supply chains.