Covenant Transportation Group Inc. reported earnings of 33 cents per share on $6.1 million in net income in the quarter ending June 30, the company said in a July 24 news release.
July 29, 2019Sponsored 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
If your company appears in the 2017 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
52
On the Bubble
Port Logistics Group
($209 million), City of Industry, Calif., provides dedicated contract carriage, freight brokerage, freight payment and auditing, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, transportation management and warehousing and distribution.
The growth of e-commerce is giving rise to a new kind of logistic business. Find out why?
Logistics News
Business, Logistics, Top 100
Covenant 2Q Transport Revenue Up, Net Income Down
Government, Business, Logistics
US-China Talks Set to Resume as Neither Seems Eager for Deal
Almost three months after their trade talks broke down in acrimony, Chinese and American negotiators meet again in Shanghai this week amid tempered expectations for breakthroughs in their yearlong trade war.
July 29, 2019Business, Logistics, Perspective
Perspective: Dealing With Specialty Goods When Consumers Expect Overnight Delivery
Given the robust demand for purchasing nonconveyable goods online — items such as exercise equipment and designer furniture — there exists for capable logistics providers a significant market opportunity.
July 29, 2019Business, Logistics, Top 100
Forward Air Sets Revenue Record in 2Q
Forward Air Corp.’s net income dropped 8.2% from the same quarter last year, the Greeneville, Tenn.-based company reported July 26. But at the same time, the company set a second-quarter record for revenue.
July 26, 2019Business, Logistics, Top 100
TFI International Reports Record Operating Income for 2Q
TFI International reported record results for its second quarter ending June 30, the company said in a July 25 press release.
July 26, 2019Business, Logistics
Amazon’s Spending on One-Day Delivery Dents Profit, Trims Forecast
Amazon.com’s results were marred by a surge in costs tied to its one-day delivery push, worrying investors who had grown accustomed to almost two straight years of fattening profits.
July 26, 2019Government, Business, Technology, Logistics, Top 100
China Rejects FedEx’s Defense for Rerouted Huawei Packages
China rebuffed FedEx Corp.’s claims that it mistakenly rerouted some Huawei Technologies Co. packages to the U.S. and warned that authorities found other violations by the American delivery firm, raising concern the company could face repercussions from Beijing.
July 26, 2019Business, Logistics, Top 100
Mullen Group’s Revenue Jumps 7.9% as Oil Service Remains in Demand
Canadian carrier Mullen Group Ltd. increased revenue by C$23.3 million, or 7.9%, to $319 million in the second quarter ended June 30, according to a company news release.
July 25, 2019Business, Logistics, Top 100
ODFL Sets Company Records as Earnings, Revenue Rise
Less-than-truckload carrier Old Dominion Freight Line reported higher net income and revenue in the second quarter as it achieved, amid lower shipments and tonnage, company records for revenue, operating ratio and earnings per diluted share.
July 25, 2019Business, Logistics
Amazon Eyes Large Warehouse Spot at Brooklyn’s Industry City
Amazon.com Inc. is in talks to rent space at Brooklyn’s Industry City for a new logistics facility, according to a person with knowledge of the matter.
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