Lyft Inc.’s second-quarter results blew past market estimates and won accolades from Wall Street, as analysts said they now see a clearer path to profitability and a “more rational competitive environment.”
August 8, 2019![Image](/sites/default/files/images/logos/top_50_logistics_2.png)
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 | 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.
![Armstrong and Associates Logo](/sites/default/files/images/logos/tt50-armstrong2016.jpg)
Extras
On the Bubble
Lyft Gains as Analysts Say Results May ‘Win Over Skeptics’
Roadrunner to Focus on 3PL, LTL After Net Losses in 2Q
Roadrunner Transportation Systems Inc. will narrow future operations to logistics and less-than-truckload after a disappointing second quarter, company officials said in an Aug. 7 news release.
As China Halts US Soy Purchases, ‘Unknown’ Buyers Step Up
While China announced it has halted imports of American soybeans, a mysterious buyer has stepped up. The U.S. Department of Agriculture announced Aug. 7 a sale of 165,000 metric tons of the oilseed to “unknown destinations.”
World Economy Edges Closer to Recession as Trade Woes Spread
The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course.
FedEx Ends Ground-Delivery Deal With Amazon
FedEx Corp. is ending its ground-service delivery contract with Amazon.com, a sign the delivery giant is pulling away from the largest U.S. e-commerce company and focusing on other clients in the market, such as Walmart and Walgreens.
Expeditors Reports Higher Net Income, Revenue in 2Q
Expeditors International of Washington Inc. on Aug. 6 reported net income rose to $153 million, or 88 cents per share. That’s up 9% from $140.6 million, or 79 cents a share, in the same quarter a year ago.
Taking in Just $70 a Day, Lordstown GM Plant Savior Workhorse Is in Trouble
Now more than ever, Workhorse looks more like Lordstown’s lottery ticket than a savior to be taken seriously. While it’s hard to imagine at this juncture the company having the capital needed to get GM’s factory humming again, it has a ray of hope to point to: a potentially lucrative contract to build next-generation mail trucks for the U.S. Postal Service.
Economic Adviser Larry Kudlow Says US Still Expects China for September Trade Talks
President Donald Trump’s top economic adviser, Larry Kudlow, said the United States still expects Chinese negotiators to come to Washington for another round of trade talks in September, even after the two nations escalated their trade war.
China Halts Crop Imports, Weakens Yuan
China responded to President Donald Trump’s tariff threat with another escalation of the trade war Aug. 5, asking state-owned companies to suspend imports of U.S. agricultural products.
August 5, 2019Amazon Loses ‘Last Bear’ Among Stock Analysts
Amazon.com’s last bear has given up. Allen Gillespie came into this week the only one of 55 financial analysts tracked by Bloomberg with a “sell” rating on the company’s shares. In a note to clients July 30, he upgraded the retail and technology giant to “hold.”