The joining of trucking companies comes with challenges throughout the merger and acquisition process. The slow-moving procedure was exacerbated during the boom/bust cycle of 2022-23.
May 10, 2024Sponsored 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 | 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 | - |
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
M&A Deals Require Intention and Involvement During Process
Business, Technology, Logistics
Freight Market Stabilization Bolsters M&A Optimism
As trucking mergers and acquisitions followed the freight market into a down cycle, conditions have stabilized, showing positive signs for the sector going forward.
May 10, 2024Business, Logistics
Port of Long Beach CEO Says Cargo Up Eighth Straight Month
Port of Long Beach CEO Mario Cordero said April numbers will show trade flows coming to the U.S. West Coast are continuing to strengthen.
May 9, 2024Business, Logistics
Forward Air Ends Eventful Q1 With Positive Revenue Growth
Forward Air Corp. ended an eventful first quarter with positive revenue growth but a decline in total earnings, the company reported May 8.
May 9, 2024Business, Logistics
Activist Investor Wins 3 Norfolk Southern Board Seats
Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted May 9 to elect three of the board members an activist investor nominated.
May 9, 2024Government, Business, Logistics
House to Examine Baltimore Bridge Collapse May 15
WASHINGTON — A House panel this month will review concerns associated with efforts at the Port of Baltimore, where crews will eventually rebuild the Francis Scott Key Bridge.
May 8, 2024Business, Technology, Equipment, Logistics
Nikola Q1 Loss Narrows; Cost of Truck Production Soars
Losses at Nikola in the first quarter narrowed year-over-year, and executives are more bullish than in previous quarters about the truck maker’s prospects even as production costs soar.
May 8, 2024Business, Safety, Logistics
Tornadoes Destroy Michigan FedEx Facility but Workers Safe
PAVILION TOWNSHIP, Mich. — Two reported tornadoes struck a Michigan city and the surrounding area May 7, destroying homes and commercial buildings, including a FedEx facility.
May 8, 2024Business, Logistics
GXO Posts Net Loss, but Revenue Increases to $2.46B in Q1
GXO Logistics experienced a decline in earnings on an increase in revenue to $2.46 billion during the first quarter of 2024, the company reported May 7.
May 8, 2024Business, Technology, Fuel, Logistics
WattEV’s Bakersfield Battery-Electric Charging Depot Opens
WattEV opened a battery-electric charging depot in Bakersfield, Calif., on May 6, its largest yet, the company said.
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