Freight revenue and volume grew single digits year-over-year in the second quarter, but margins shrunk during the same period because spot market rates were higher than mid-2016, according to the Transportation Intermediaries Association’s quarterly 3PL Market Report.
September 20, 2017Rank 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 | 23 | Geodis (North America) | $1,200 est
|
$2,200 | 10,141 |
12 | 14 | Penske Logistics | $1,200 est
|
$1,500 | 14,180 |
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 | 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
Brokers Move More Truckload Freight in Second Quarter
Truck Turn Times Slow One Minute in August
LONG BEACH, Calif. — The average truck turn time at the nation’s two largest ports slowed one minute in August compared with last year, even while more containers flowed into the terminals this year.
ATA Tonnage Index Jumps 8.2% in August
Truck tonnage took a healthy 8.2% step up in August, perhaps driven by hurricane preparation work and port shipping, American Trucking Associations said Sept. 19.
Shipping Companies’ Expansion in Hawaii Could Go Bust for Some
When an established maritime company announced tentative plans last month to start a new domestic shipping line in 2020 to serve Hawaii, it said such service would provide “market stability.” But another possible result is a cargo capacity glut.
Celadon Sells Assets of Flatbed Division to PS Logistics
Celadon Group is getting out of the flatbed business, striking a deal to sell all of the assets of its flatbed division to PS Logistics in Birmingham, Ala., company officials announced Sept. 18.
September 18, 2017Construction Begins on Wisconsin FedEx Truck Terminal Opposed by Nearby Residents
Construction is beginning in Oak Creek, Wis., on a huge FedEx truck terminal opposed by nearby residents.
Analysis: An Infrastructure Deal Should Be Easy, But Isn’t
Although Trump made big promises during the campaign and in his first days in the White House, the administration’s initial plan is for a meager $200 billion spread out over a decade and is reliant on private partnerships.
California County May Halt New Trucking Terminals as Tensions Rise
Sutter County may move to temporarily halt any new trucking operations in unincorporated areas as tensions mount with area residents over trucking terminals off Highway 99 south of Yuba City.
Port of Virginia Keeps Breaking Records — and So Are Many Other Big Ports Across the Nation
August turned out to be yet another record month for the Port of Virginia.
Illinois County Hears Proposal for $1.2 Billion Warehouse Development
Will County officials recently got a peek at the proposed 2,200-acre business park in Jackson Township, Ill., with its developers’ promises of pumping revenue into the Elwood and Manhattan areas, while keeping trucks off residential roads.
September 13, 2017