XPO Logistics Inc. on Aug. 4 reported record revenue and net income for the second quarter, part of a busy week for the Greenwich, Conn.-based company.
August 5, 2022Sponsored by:
2017 Essential Financial and Operating Information for the 50 largest logistics companies in the U.S. and Canada
Up Front
Find out where the carriers are by regions and by state in North America with our interactive map.
Rankings
| Rank 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 | 12 | Schneider | $1,000 est
|
$2,125 | - |
| 16 | 24 | APL Logistics (North America) | $1,000 est
|
$1,700 | 7,600 |
| 18 | 18 | DB Schenker (North America) | $940 est
|
$2,580 | - |
| 19 | 17 | Cardinal Logistics | $935 est
|
$1,006 | 4,735 |
| 20 | 112 | Syncreon | $900 est
|
- | - |
| 20 | 22 | Lineage Logistics | $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 | - |
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
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51
On the Bubble
Crane Worldwide Logistics
($214 million), Houston, provides air and ocean freight forwarding, customs brokerage, intermodal and drayage, supply chain consulting.
The growth of e-commerce is giving rise to a new kind of logistic business. Find out why?
Logistics News
Business, Logistics, For-Hire, Top 100
XPO Posts Strong Q2 Earnings Amid Upcoming Leadership Change
Government, Business, Logistics
Labor Chief Sees No Sign of Strike, Lockout in West Coast Port Talks
Labor Secretary Marty Walsh said he sees no signs of a strike or a lockout looming in the contract negotiations between dockworkers and employers at some of the nation’s most important ports, even as talks continue without a contract.
August 5, 2022Business, Technology, Logistics, Breaking News, For-Hire
XPO Names Mario Harik to Succeed Brad Jacobs as CEO
XPO Logistics Inc. announced that Mario Harik will succeed Brad Jacobs as CEO of XPO and join the board of directors following XPO’s planned spinoff of its tech-enabled brokerage platform.
August 4, 2022Business, Logistics
Apollo-Led Group to Buy Cargo-Hauler Atlas Air for $3.2 Billion
An investor group led by Apollo Global Management Inc. is acquiring Atlas Air Worldwide Holdings Inc. for about $3.2 billion, expanding its foray into aircraft leasing and charter flying as demand for air cargo cools from pandemic-era highs.
August 4, 2022Government, Business, Technology, Safety, Fuel, Logistics
ATA’s Chris Spear Optimistic About Trucking Economy, R.I. Tolling Verdict
American Trucking Associations President Chris Spear said the trucking industry continues to show resilience despite challenges in the U.S. economy, marked by two straight quarters of negative gross domestic product and interest rate hikes by the U.S. Federal Reserve that aim to slow decades-high rates of inflation.
August 4, 2022Business, Logistics, For-Hire
U.S. Xpress Reports $554M Revenue for Q2
U.S. Xpress Enterprises posted revenue gains but sluggish earnings during the second quarter of 2022, the company reported Aug. 3.
August 4, 2022Business, Logistics, For-Hire
Werner Enterprises Reports Record for Q2
Werner Enterprises achieved its eighth consecutive quarter of record earnings per share during the second quarter of 2022, the company reported Aug. 3.
August 4, 2022Business, Technology, Logistics, For-Hire
Schneider Launches Digital Marketplace for Bulk Shippers
Schneider National launched a new digital marketplace that aims to give bulk shippers more flexibility and visibility, the carrier announced Aug. 4.
August 4, 2022Business, Logistics
LTL Carrier Yellow Reports Strong Q2 Earnings
Leaders with less-than-truckload carrier Yellow Corp. are touting the company’s fifth successive quarter of financial improvement and strong second-quarter earnings that beat Wall Street expectations.
August 4, 2022Business, Logistics, Top 100
GXO Posts $2.2 Billion in Q2 Revenue, Marks First Anniversary
GXO Logistics Inc. closed out its first year as an independent company with revenue and earnings growth in the second quarter of 2022, the company reported Aug. 2.
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