Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.
October 26, 2023Sponsored 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 | 50 | Agility Logistics | $180 est
|
$774 | - |
| 50 | 48 | Odyssey Logistics & Technology | $180 est
|
$590 | - |
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.
53
On the Bubble
Transplace Inc.
($170 million), Frisco, Texas, provides air and ocean freight forwarding, customs brokerage, freight brokerage freight payment and auditing, intermodal and drayage, 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, For-Hire
Ryder Reports Slight Revenue Decline for Q3
Government, Business, Logistics
Strike Halts All Shipping on St. Lawrence Seaway
MINNEAPOLIS — A strike has shut down all shipping on the St. Lawrence Seaway, interrupting exports of grain and other goods from Canada and the U.S. via the Great Lakes to the rest of the world.
October 26, 2023Government, Business, Technology, Fuel, Logistics
Ports Consider Digitization Strategies to Track Cargo
AURORA, Colo. — Ports and shippers are exploring ambitious port digitization and tracking system projects that allow stakeholders across the supply chain to track cargo in real time.
October 26, 2023Business, Logistics
Canadian Pacific Earnings Fall, 2023 Outlook Revised
Railway operator Canadian Pacific Kansas City Ltd. said a weakening economy and spate of labor disruptions weighed on freight volumes in the third quarter more than management anticipated.
October 25, 2023Business, Logistics
Port Leaders See Viability of Inland Facilities
AURORA, Colo. — As land around the nation’s congested seaports gets more expensive, executives at AAPA's annual convention said a viable option is to develop inland ports.
October 25, 2023Business, Equipment, Fuel, Logistics
Congestion Cost Trucking a Record $94.6 Billion in 2021
Snarled traffic added $94.6 billion in costs to the trucking industry in 2021, up from $74.5 billion in 2016, according to a study by the American Transportation Research Institute.
October 25, 2023Business, Technology, Logistics, TCA
Former Employees Looking to Buy Convoy, Report Says
Convoy, the Seattle-based freight startup that shut down last week, is being sold, according to a former Convoy employee familiar with the deal.
October 25, 2023Business, Logistics
CN Railway Misses Estimates as Consumer Goods Shipments Drop
Canadian National Railway Co. spelled out a challenging picture for the economy as earnings fell short of expectations in the third quarter, partly due to falling demand for consumer goods.
October 24, 2023Business, Logistics, For-Hire
TFI Third-Quarter Profit Dives 45.6% on Weak Freight Market
TFI International profits in the third quarter slumped 45.6% year-over-year, with the Canadian company primarily citing weaker market conditions, especially in the truckload market.
October 24, 2023Government, Business, Logistics
Federal Grant to Improve Access at Indiana Agribusiness Park
Secretary of Commerce Gina Raimondo announced a $1.75 million grant to a rural Indiana county to provide better access for heavy trucks at an agricultural business park.
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