ORLANDO, Fla. — The market for buying and selling trucking companies was a hot topic at a recent industry trade show, so it’s little wonder that a discussion with three leaders who share recent experience on the issue drew a crowd.
March 9, 2023Rank This Year | Rank Last Year | Company | Net Revenue (Millions) | Gross Revenue (Millions) | Employees |
---|---|---|---|---|---|
1 | 2 | XPO Logistics | $4,741 est
|
$8,638 | - |
2 | 3 | J.B. Hunt Transport Services | $2,794 est
|
$6,181 | 22,172 |
3 | 1 | UPS Supply Chain Solutions | $2,640 est
|
$6,793 | 16,564 |
4 | 7 | DHL Supply Chain | $2,310 est
|
$4,200 | - |
5 | 4 | C.H. Robinson Worldwide | $2,278 est
|
$13,144 | 14,000 |
6 | 5 | Expeditors International of Washington | $2,164 est
|
$6,098 | 14,600 |
7 | 6 | Ryder Supply Chain Solutions | $2,126 est
|
$2,659 | - |
8 | 10 | Americold Logistics | $1,555 est
|
- | 11,000 |
9 | 8 | FedEx Logistics | $1,495 est
|
$2,916 | - |
10 | 9 | Ceva Logistics (North America) | $1,490 est
|
$2,320 | - |
11 | 13 | Kuehne + Nagel Americas | $1,263 est
|
$4,909 | - |
12 | 14 | Penske Logistics | $1,200 est
|
$1,500 | 14,180 |
12 | 23 | Geodis (North America) | $1,200 est
|
$2,200 | 10,141 |
14 | 15 | NFI | $1,100 est
|
$1,250 | 8,300 |
15 | 16 | Swift Transportation | $1,073 est
|
$1,431 | - |
16 | 24 | APL Logistics (North America) | $1,000 est
|
$1,700 | 7,600 |
16 | 12 | Schneider | $1,000 est
|
$2,125 | - |
18 | 18 | DB Schenker (North America) | $940 est
|
$2,580 | - |
19 | 17 | Cardinal Logistics | $935 est
|
$1,006 | 4,735 |
20 | 22 | Lineage Logistics | $900 est
|
- | - |
20 | 112 | Syncreon | $900 est
|
- | - |
22 | 20 | Werner Enterprises | $810 est
|
$1,156 | 5,142 |
23 | Radial | $800 est
|
- | - | |
24 | 19 | Neovia Logistics | $763 est
|
- | - |
25 | 21 | Ruan | $750 est
|
$796 | 5,546 |
26 | 25 | Kenco Group | $571 est
|
$626 | 5,000 |
27 | 27 | Total Quality Logistics | $465 est
|
$2,321 | 4,200 |
28 | 29 | Hub Group | $455 est
|
$3,573 | 2,713 |
29 | 32 | U.S. Xpress Enterprises | $453 est
|
$604 | 422 |
30 | 31 | Saddle Creek Logistics Services | $451 est
|
- | 2,900 |
31 | 11 | DSV A/S (North America) | $420 est
|
$1,798 | 7,100 |
32 | 30 | DSC Logistics | $415 est
|
$0 | - |
33 | 26 | Panalpina Inc. | $398 est
|
$2,411 | - |
34 | 112 | Ingram Micro Commerce & Lifecycle Services | $380 est
|
$500 | 1,989 |
35 | 112 | TransGroup Global Logistics | $360 est
|
$800 | 1,400 |
36 | 28 | Universal Logistics Holdings | $355 est
|
$444 | - |
37 | Black Horse Carriers Inc. | $338 est
|
- | 2,625 | |
38 | 37 | Performance Team | $322 est
|
$323 | 4,000 |
39 | 35 | Echo Global Logistics | $319 est
|
$1,716 | 2,350 |
40 | 33 | BDP International | $312 est
|
$1,900 | - |
41 | 46 | WWEX Group | $298 est
|
$1,235 | - |
42 | 39 | Preferred Freezer Services | $286 est
|
$350 | 1,800 |
43 | 36 | Toll Global Forwarding | $285 est
|
$1,448 | - |
44 | 38 | Burris Logistics | $273 est
|
$3,629 | - |
45 | 34 | Landstar System | $270 est
|
$1,632 | - |
46 | 43 | Estenson Logistics | $250 est
|
$250 | - |
47 | 41 | Cowan Logistics | $249 est
|
$345 | 1,253 |
48 | 42 | Fidelitone | $228 est
|
$239 | 760 |
49 | 53 | Uber Freight/Transplace Inc. | $221 est
|
$1,620 | 1,700 |
50 | 50 | Odyssey Logistics & Technology | $215 est
|
$650 | - |
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
Trucking Titans Share M&A Tips
NTSB to Investigate Safety at Norfolk Southern
In the wake of three high-profile freight train accidents within the last month, including one that caused environmental damage in East Palestine, Ohio, the National Transportation Safety Board announced March 7 it is opening a special investigation into the safety practices of Norfolk Southern Corp.
Global Supply Chains Back to Normal, N.Y. Fed Says
Global supply chains have returned to normal, the Federal Reserve Bank of New York said, almost three years after COVID-19 was declared a pandemic.
French Shipping Giant CMA CGM Warns Demand Is Falling
French shipping giant CMA CGM SA warned of a steep drop in demand so far this year, extending a slump that led to a more than halving of quarterly profit.
Perspective: The Right Recruiting Impression
Amid the ongoing driver shortage, transportation companies must consider all the ways prospective and current drivers interact with their business, Atlas Logistics' Phil Wahl says.
Truck Makers Recruit Their Own Employees to Combat Driver Shortage
Stellantis NV and Renault SA are turning to their own ranks to tackle a shortage of truck drivers that’s leaving thousands of vehicles stranded away from dealerships and customers.
Upgrades Speed Up Truck Traffic at Border Crossing in Texas
Trucks are traveling quicker on four special fast lanes at a U.S.-Mexico border crossing after the Texas city of Laredo helped complete a construction project to reduce traffic congestion at the World Trade Bridge.
March 2, 2023Supply Chain Envoy Says Automating Ports Doesn’t Have to Cost Jobs
The White House’s supply chain envoy said the ports and logistics industry must move toward automation, a sticking point in protracted contract talks between U.S. West Coast dockworkers and their employers.
ATA Execs Highlight Outreach, Advocacy Benefits at MSC Conference
ORLANDO, Fla. — Long-standing advocacy and outreach programs continue to be essential tools for stakeholders to advance their message with policymakers, American Trucking Associations executives told members of the Moving & Storage Conference on Feb. 27.
Big G Express Acquires RTR Transportation
Two Tennessee freight carriers have merged with the acquisition of RTR Transportation by Big G Express.