UPS Inc. agreed to buy 19 Boeing Co. freighter jets as soaring e-commerce and snarled shipping lines lead to a boom in air-cargo demand.
December 21, 2021![Image](/sites/default/files/images/logos/top_50_logistics_4.png)
Rank This Year | Rank Last Year | Company | Net Revenue (Millions) | Gross Revenue (Millions) | Employees |
---|---|---|---|---|---|
1 | 1 | XPO Logistics | $6,157 est
|
$10,287 | 100,000 |
2 | 2 | UPS Supply Chain Solutions | $4,690 est
|
$9,302 | - |
3 | 3 | DHL Supply Chain | $4,315 est
|
$4,735 | - |
4 | 4 | J.B. Hunt Transport Services | $3,410 est
|
$8,788 | 29,106 |
5 | 6 | Ryder Supply Chain Solutions | $2,853 est
|
$3,969 | 39,900 |
6 | 7 | Expeditors International of Washington | $2,636 est
|
$8,175 | 18,297 |
7 | 5 | C.H. Robinson Worldwide | $2,586 est
|
$15,310 | 15,427 |
8 | 8 | Penske Logistics | $2,040 est
|
$2,600 | 19,381 |
9 | 10 | NFI | $1,830 est
|
$2,130 | 12,600 |
10 | 12 | Kuehne + Nagel Americas | $1,798 est
|
$7,060 | 15,712 |
11 | 13 | Ingram Micro Commerce & Lifecycle Services | $1,630 est
|
$1,750 | 21,821 |
12 | 14 | Geodis (North America) | $1,510 est
|
$2,540 | 13,133 |
13 | 21 | Lineage Logistics | $1,440 est
|
$1,440 | 14,000 |
14 | 17 | Americold Logistics | $1,407 est
|
$1,775 | 13,000 |
15 | 11 | FedEx Logistics | $1,185 est
|
$2,310 | 20,000 |
16 | 15 | Ceva Logistics (North America) | $1,155 est
|
$2,345 | 10,350 |
17 | 20 | Werner Enterprises | $1,112 est
|
$1,524 | 6,305 |
18 | 16 | Schneider | $1,085 est
|
$2,670 | 15,650 |
19 | 18 | Radial | $1,082 est
|
- | 4,914 |
20 | 19 | Syncreon | $1,080 est
|
$1,203 | - |
21 | 22 | Ruan | $940 est
|
$1,002 | 5,800 |
22 | 23 | Neovia Logistics | $835 est
|
$835 | - |
23 | 33 | DSV A/S (North America) | $810 est
|
$3,225 | - |
24 | 20 | DB Schenker (North America) | $775 est
|
$2,230 | 7,200 |
25 | 24 | Cardinal Logistics | $718 est
|
$805 | 4,245 |
26 | 25 | Total Quality Logistics | $687 est
|
$3,394 | 5,000 |
27 | 26 | APL Logistics (North America) | $680 est
|
$1,095 | 6,800 |
28 | 29 | Saddle Creek Logistics Services | $672 est
|
$675 | 3,996 |
29 | 27 | Universal Logistics Holdings | $610 est
|
$1,260 | - |
30 | 32 | Kenco Group | $605 est
|
$674 | - |
31 | 28 | U.S. Xpress Enterprises | $600 est
|
$797 | 3,153 |
32 | 31 | DSC Logistics | $565 est
|
$565 | - |
33 | 34 | Black Horse Carriers | $561 est
|
$561 | 4,040 |
34 | 35 | TransGroup Global Logistics | $540 est
|
$1,200 | 1,700 |
35 | 36 | Performance Team | $525 est
|
$525 | 5,000 |
36 | 30 | Hub Group | $521 est
|
$3,668 | 5,000 |
37 | 43 | Covenant Logistics Group | $409 est
|
$529 | 5,555 |
38 | 38 | Echo Global Logistics | $386 est
|
$2,185 | - |
39 | 42 | WWEX Group | $365 est
|
$1,675 | - |
39 | 41 | Odyssey Logistics & Technology | $365 est
|
$1,018 | 2,600 |
41 | 38 | Landstar System | $360 est
|
$2,173 | 1,333 |
41 | Mode Global | $360 est
|
$2,300 | 432 | |
43 | Burris Logistics | $330 est
|
$3,100 | 2,000 | |
44 | 47 | Uber Freight/Transplace Inc. | $325 est
|
$3,000 | 2,647 |
45 | 46 | Cowan Logistics | $322 est
|
$437 | 1,585 |
46 | 48 | Marten Transport | $321 est
|
$465 | - |
47 | 49 | Lazer Logistics | $298 est
|
$316 | 3,100 |
48 | 44 | Visible Supply Chain Management | $290 est
|
$357 | 1,500 |
49 | 50 | GlobalTranz Enterprises | $275 est
|
$1,532 | 1,156 |
50 | Crane Worldwide Logistics | $267 est
|
$916 | - |
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
UPS to Buy $1.5 Billion of Boeing Freighters as Air Cargo Booms
Severe Weather Closes Southeast Asia Ports
Severe weather disruptions hit Malaysia and the Philippines, leaving a trail of destruction among nations most prone to natural disasters.
Shippers Compete for Carriers Amid Capacity Crunch
Trucking companies that are growing more selective with loads are spurring heightened competition among shippers, experts said.
CN Rail to Name New CEO Next Month; Candidate Jim Vena Drops Out
Canadian National Railway Co. dropped the most in eight months after saying that Jim Vena, a former executive favored by shareholder TCI Fund Management Ltd. to run the company, had dropped from consideration to replace CEO Jean-Jacques Ruest.
BrightDrop Delivers First Electric Vans to FedEx
BrightDrop, General Motors Co.’s new electric delivery and logistics business, has delivered the first five vans of an order of 500 to FedEx Corp., the company said Dec. 17.
Driver Shortage Defines Trucking for 2021
The shortage of professional drivers quickly became the defining issue for the industry during the past year with its far-reaching effects.
FedEx Surges After Higher Rates Boost Profit, Ease Labor Worries
FedEx Corp. rode increased prices to post profit above analysts’ estimates, bolstering the company’s outlook and easing investor concerns over higher labor U.S. costs. The shares rose in late trading.
Ports Post Strong November Volumes as Imports Continue to Surge
Atlantic and Pacific ports in November continued their record-setting pace as imports continue to flood into the country during the peak of the holiday shopping season.
FedEx Invests $72 Million in Miami Airport Cargo Hub
FedEx Corp. began operations Dec. 15 at its substantially bigger air cargo hub at Miami International Airport. The $72 million addition, two years under development and roughly the size of two football fields, doubles the hub’s size to 282,000 square feet.
Trucking Industry M&A Activity Surges During 2021
2021 was an especially busy year for trucking in terms of acquisitions, with various factors creating an ideal market for buyers and sellers.