Forward Air Corp. on July 27 reported all-time quarterly records for revenue, income from operations and net income per diluted share for the second quarter.
July 28, 2022Sponsored by:
2019 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
Evan Armstrong breaks down how logistics segments performed in 2018.
Rankings
| Rank 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 | 16 | DB Schenker (North America) | $1,028 est
|
$2,997 | 7,200 |
| 20 | 21 | Werner Enterprises | $1,028 est
|
$1,465 | 6,119 |
| 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 | 44 | Visible Supply Chain Management | $290 est
|
$357 | 1,500 |
| 44 | 48 | Toll Global Forwarding | $290 est
|
$1,475 | - |
| 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 |
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 2019 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
55
On the Bubble
Radiant Logistics
($202 million), Bellevue, Wash., provides air and ocean freight forwarding, custom brokerage, freight brokerage, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, transportation management and warehousing and distribution.
Learn more about Transport Topics’ Top 50 Logistics Companies publication.
Logistics News
Business, Logistics, For-Hire, Top 100
Forward Air Reports Record-Setting Quarter for Q2
Business, Technology, Logistics
C.H. Robinson Reports Record Profits for Q2
C.H. Robinson Worldwide Inc. on July 27 reported record second-quarter profits as a strong pricing environment lifted results.
July 28, 2022Business, Logistics
Norfolk Southern Posts Record Q2 Results
Norfolk Southern Corp. on July 27 posted record second-quarter financial results that beat the expectations of Wall Street analysts.
July 28, 2022Government, Business, Technology, Fuel, Logistics
Senate Deal Includes EV Tax Credits Sought by Tesla, Toyota
A breakthrough deal between Sens. Chuck Schumer and Joe Manchin includes the extension of a popular consumer tax credit for the purchase of electric vehicles, a big win for EV makers such as General Motors Co., Tesla Inc. and Toyota Motor Co.
July 28, 2022Government, Business, Logistics
US Economy Shrank 0.9% Last Quarter, Its 2nd Straight Drop
WASHINGTON — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.
July 28, 2022Business, Logistics, For-Hire, Top 100
ODFL Reports Profit, Revenue Records for Second Quarter
Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.
July 27, 2022Government, Business, Technology, Logistics
Chipmakers Get $52 Billion in Senate Bill to Boost Domestic Output
The Senate on July 27 passed legislation that includes $52 billion in grants and incentives for U.S. semiconductor manufacturing, an industry that has steadily lost ground to foreign competitors in recent years.
July 27, 2022Government, Business, Logistics
Port of Oakland AB 5 Protests Wind Down
Operations at the Port of Oakland have resumed after being paused in the wake of protests from independent truck drivers unhappy with a state law that would reclassify them as employees of motor carriers.
July 27, 2022Business, Logistics
Canadian National Reports Strong Q2 Earnings
Canadian National reported record second-quarter earnings that beat the expectations of Wall Street analysts.
July 27, 2022Business, Equipment, Logistics, For-Hire
Used Class 8 Prices Continue Slide in June, but Remain High
The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.
July 27, 2022Archives
-
2023
-
2022
-
2021
-
2020
-
2019
-
2018
-
2017
-
2016
-
2015
-
2014
-
2013
-
2012
-
2011
-
2010
-
2009
-
2008
-
2007
-
2006
-
2005
