As freight volumes surge, Omaha, Neb.-based Union Pacific Railroad reported strong third-quarter results that significantly exceeded the company’s report from this time last year and beat Wall Street analysts’ expectations.
October 21, 2021Rank 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
Union Pacific Reports Strong Q3 Earnings
Canadian Pacific Reports Mixed Q3 Earnings
Canadian Pacific Railway reported mixed third-quarter earnings on Oct. 20, when the Calgary, Alberta-based carrier said combined freight and nonfreight revenue increased 4.3% year-over-year to C$1.94 billion from C$1.86 billion a year ago.
Strong Segment Growth Drives Knight-Swift Q3 Results
Knight-Swift Transportation Holdings reported third-quarter revenue and earnings improvements that were driven by strong segment growth.
Infrastructure Battle Puts China Chip Bill on Back Burner
A bipartisan push to make the U.S. more competitive with China and bolster domestic chip production risks falling by the wayside as Congress grapples with a packed year-end agenda in an ever-more-divided Capitol.
Union Pacific, Unions Sue Each Other Over Vaccine Mandate
OMAHA, Neb. — Union Pacific and its labor unions are suing each other to determine whether the railroad has the authority to require its employees to get vaccinated against the coronavirus.
CN Railway CEO Ruest to Retire
The embattled CEO of Canadian National Railway announced his retirement on Oct. 19, the same day the company posted financial gains during a third quarter that saw its attempt to merge with Kansas City Southern fall apart.
Union Pacific Receives Cargo 24/7 Near L.A. Ports
Union Pacific Corp. has begun receiving trucks around-the-clock at its freight facility near the ports of Long Beach and Los Angeles, extending operating time by about 20 hours a week to help ease cargo congestion.
Hub Group Acquires Choptank Transport
Intermodal and logistics company Hub Group announced it acquired Choptank Transport Inc., which was founded in 2000 and is a provider of non-asset refrigerated transportation solutions.
Kansas City Southern Reports Mixed Q3 Earnings
Kansas City Southern reported mixed third-quarter financial results on Oct. 19, as the Class I freight railroad saw a 13% jump in revenue to $744 million, compared with $659.6 million a year earlier.
September Port Numbers Remain Strong as Leaders Address Congestion
The ports of Los Angeles and Long Beach are gearing up to operate 24/7 to clear the massive backlog of 20-foot-equivalent (TEU) containers as they pile up at the two Southern California ports and others on the Pacific and Atlantic coasts.