J.B. Hunt Transport Services experienced a year-over-year decline in earnings and revenue during the second quarter, the company reported July 18.
July 19, 2023Rank This Year | Rank Last Year | Company | Net Revenue (Millions) | Gross Revenue (Millions) | Employees |
---|---|---|---|---|---|
1 | 1 | XPO Logistics | $6,112 est
|
$10,850 | - |
2 | 2 | UPS Supply Chain Solutions | $4,750 est
|
$9,814 | - |
3 | 3 | DHL Supply Chain | $3,809 est
|
$4,178 | - |
4 | 6 | J.B. Hunt Transport Services | $2,900 est
|
$8,214 | - |
5 | 4 | C.H. Robinson Worldwide | $2,705 est
|
$16,631 | 15,262 |
6 | 7 | Ryder Supply Chain Solutions | $2,636 est
|
$3,731 | - |
7 | 5 | Expeditors International of Washington | $2,620 est
|
$8,138 | 17,500 |
8 | 12 | Penske Logistics | $1,840 est
|
$2,300 | 19,331 |
9 | 17 | Lineage Logistics | $1,837 est
|
- | - |
10 | 10 | NFI | $1,700 est
|
$2,000 | 10,900 |
11 | 8 | FedEx Logistics | $1,625 est
|
$3,170 | - |
12 | 11 | Kuehne + Nagel Americas | $1,579 est
|
$6,634 | 14,466 |
13 | 23 | Ingram Micro Commerce & Lifecycle Services | $1,400 est
|
$1,500 | - |
14 | 15 | Geodis (North America) | $1,319 est
|
$2,139 | 13,549 |
15 | 13 | Ceva Logistics (North America) | $1,195 est
|
$2,427 | 10,350 |
16 | 17 | Schneider | $1,180 est
|
$2,711 | - |
17 | 9 | Americold Logistics | $1,158 est
|
$1,595 | 11,000 |
18 | 14 | Radial | $1,082 est
|
- | 4,914 |
19 | 17 | Syncreon | $1,050 est
|
$1,165 | - |
20 | 21 | Werner Enterprises | $1,028 est
|
$1,465 | 6,119 |
20 | 16 | DB Schenker (North America) | $1,028 est
|
$2,997 | 7,200 |
22 | 21 | Ruan | $900 est
|
$957 | 5,700 |
23 | 22 | Neovia Logistics | $763 est
|
$763 | - |
24 | 25 | Cardinal Logistics | $718 est
|
$805 | 4,245 |
25 | 29 | Total Quality Logistics | $683 est
|
$3,643 | 5,500 |
26 | 25 | APL Logistics (North America) | $665 est
|
$1,075 | 6,800 |
27 | 27 | Universal Logistics Holdings | $610 est
|
$1,148 | - |
28 | 31 | U.S. Xpress Enterprises | $571 est
|
$809 | 3,169 |
29 | 30 | Saddle Creek Logistics Services | $538 est
|
$579 | 3,800 |
30 | 33 | Hub Group | $536 est
|
$4,423 | 5,370 |
31 | 28 | DSC Logistics | $535 est
|
$578 | - |
32 | 26 | Kenco Group | $534 est
|
$603 | 3,100 |
33 | 32 | DSV A/S (North America) | $522 est
|
$2,358 | - |
34 | 35 | Black Horse Carriers Inc. | $491 est
|
$491 | 3,438 |
35 | 36 | TransGroup Global Logistics | $460 est
|
$1,005 | 1,449 |
36 | 39 | Performance Team | $456 est
|
$456 | 1,750 |
37 | 34 | Panalpina Inc. | $435 est
|
$2,596 | - |
38 | 40 | Echo Global Logistics | $420 est
|
$2,440 | 2,321 |
38 | 42 | Landstar System | $420 est
|
$2,542 | - |
40 | 38 | BDP International | $379 est
|
$1,552 | - |
41 | 50 | Odyssey Logistics & Technology | $365 est
|
$1,018 | 2,400 |
42 | 41 | WWEX Group | $360 est
|
$1,650 | - |
43 | Covenant Logistics Group | $298 est
|
$401 | - | |
44 | 48 | Toll Global Forwarding | $290 est
|
$1,475 | - |
44 | 44 | Visible Supply Chain Management | $290 est
|
$357 | 1,500 |
46 | 45 | Cowan Logistics | $281 est
|
$426 | 1,445 |
47 | 46 | Uber Freight/Transplace Inc. | $280 est
|
$2,886 | 2,400 |
48 | Marten Transport | $275 est
|
$412 | 3,590 | |
49 | Lazer Logistics | $256 est
|
$262 | 2,555 | |
50 | GlobalTranz Enterprises | $245 est
|
$1,384 | 853 |
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
J.B. Hunt Reports Year-Over-Year Declines for Q2
XPO Bolsters Capacity With Expansion in Georgia
XPO has completed the expansion of one of its service centers near Atlanta in an effort to grow capacity in the area, the company announced July 13.
July 18, 2023June Truck Tonnage Ticks Down 0.8% on Annual Basis
Truck tonnage in June slipped 0.8% when measured against the same month in 2022, the fourth straight year-over-year decline, according to American Trucking Associations.
Love’s Musket Corp. Opens First DEF Terminal in Alabama
Love’s Family of Companies announced July 12 that its trading and logistics arm, Musket Corp., has opened its first diesel exhaust fluid terminal in Alabama.
Midwest Rivers’ Falling Water Levels Raise Shipping Concerns
Water levels on the Mississippi and Ohio rivers are falling for a second straight year, raising the prospect of shipping problems along the all-important U.S. freight routes.
UPS to Train Nonunion Employees to Deliver Packages
UPS Inc. plans to train nonunion employees to deliver packages in the event of a labor disruption in the U.S., underscoring the potential for a strike as a crucial negotiating deadline nears.
DHL Plans Expansion in Latin America
Five Latin American nations could share $556 million by 2028 as contract logistics provider DHL Supply Chain plans to expand its regional fulfillment network.
Port Charleston Freight Tied to Averitt Express Expansion
South Carolina state officials have welcomed a $4.58 million expansion by Averitt Express of its operations in Charleston County to meet freight needs from the Port of Charleston.
Strike That Snarled Canada’s Ports to End as Deal Is Reached
A 13-day strike that disrupted shipments at Canada’s western ports is set to end after the dockworkers’ union and a group of employers agreed on a tentative deal.
Amazon Prime Day Drives All Online Sales Up 6.1%
U.S. shoppers spent $12.7 billion online during Amazon.com Inc.’s 48-hour Prime Day, up 6.1% from a year ago but short of estimates for 9.5% growth, according to Adobe Inc.