Infrastructure and trade loom large for trucking in the year ahead as freight carriers adjust to a slower, but still positive, rate of economic growth in 2019, according to industry experts interviewed by Transport Topics.
January 4, 2019![Image](/sites/default/files/images/logos/top_50_logistics_3.png)
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 | 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.
![Armstrong and Associates Logo](/sites/default/files/images/logos/tt50-armstrong2016.jpg)
Extras
On the Bubble
Namaste Extends Stake in Cannabis Provider Pineapple Express
Cannabis e-commerce company Namaste Technologies has announced its entrance into a share purchase agreement of an additional 34% equity stake in Pineapple Express Delivery, a same-day cannabis delivery provider in Canada, according to a Dec. 17 press release. Namaste previously acquired shares from Pineapple Express in June 2018, and it now owns 49% of the latter company’s outstanding common shares.
January 7, 2019PS Logistics Completes Robinette Acquisition
Flatbed transportation solution provider PS Logistics has announced that its subsidiary, Loudon County Trucking, completed its acquisition of Robinette Trucking Inc. and Robinette Properties Inc., according to a Dec. 20 press release. Financial terms were not disclosed.
January 4, 2019Forager Logistics Launches as Cross-Border Freight Broker
The cross-border freight brokerage and logistics service field has a new player in Forager Logistics. The Chicago-based company will focus on servicing supply chain networks in the automotive and aerospace industries, according to a Jan. 3 press release.
January 4, 2019Infrastructure, Trade Loom Large for Trucking in the New Year
Seko Logistics Acquires GoodShip International
Seko Logistics, a supply chain solutions provider, has acquired GoodShip International Inc. The move marks Seko’s first full acquisition of another independent freight forwarding specialist in its 42-year history, the company stated in a Jan. 3 press release.
January 4, 2019Ravn Air Group Purchases Assets of Peninsula Airways
Ravn Air Group, a portfolio company of J.F. Lehman & Co., has purchased the assets of Peninsula Airways Inc., according to a Dec. 26 press release.
January 4, 2019Universal Logistics Acquires Container Connection in Latest Drayage Expansion
Universal Logistics Holdings, an asset-light provider of customized transportation and logistics solutions, has announced the acquisition of Deco Logistics and Oaktree Logistics, which conduct business as Container Connection.
January 4, 2019Moving Company Study Shows More Residents Left New Jersey Than any Other State in 2018
A study by United Van Lines has revealed that Americans are moving west and south, according to a Jan. 2 press release.
January 4, 2019Union Sues GM, Says Laid-off Workers Should Replace Temps
DETROIT — The United Auto Workers union is accusing General Motors of violating a national contract by using temporary workers instead of employing full-timers who were laid off from its factories.
January 3, 2019Driver Turnover Falls at Large TL Carriers
The third-quarter turnover rate at large truckload carriers fell 11 percentage points to 87%, marking its lowest point since the first quarter of 2017 when it was 74%, American Trucking Associations reported.
January 3, 2019