Union Pacific Corp. reported profit that topped analysts’ estimates, which had been adjusted down in the last month, as the railroad leaned on efficiency to make up for lower carloads and higher labor costs.
October 19, 2023Rank 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.
Extras
On the Bubble
Union Pacific Profit Tops Reduced Estimates
I-25 in Colorado Set to Reopen Today
PUEBLO, Colo. — Interstate 25 in Colorado is expected to reopen four days after it was shut down when a train derailment collapsed a railroad bridge onto the highway and killed a trucker.
October 19, 2023Buttigieg Promotes Grants to Boost Miami Port’s Supply Chain
Transportation Secretary Pete Buttigieg underscored at the Port of Miami how two federal infrastructure grants will strengthen the supply chain with better cargo gate access for trucks.
J.B. Hunt Q3 Profit Slides 30.4% Year-Over-Year
J.B. Hunt Transport Services posted a 30.4% year-over-year decrease in profits in the third quarter, undershooting analyst expectations as revenues declined at each of the carrier’s operating units.
Broken Rail May Have Caused Derailment That Killed Trucker
A broken rail caused a train derailment that collapsed a bridge over I-25 in Colorado, killing a truck driver, federal authorities said Oct. 17, based on their preliminary investigation.
Iowa Extends Overweight Loads Limit Until Nov. 11
Iowa Gov. Kim Reynolds has extended through Nov. 11 the state’s seasonal grain harvest proclamation allowing overweight loads for vehicles transporting agricultural products.
Flexport Lays Off 165 Employees
Freight logistics company Flexport has laid off 165 employees from its Bellevue, Wash., office, part of broad job cuts that will impact 20% of the workforce.
Camera Rule Slammed Because It Doesn’t Include Freight Rail
Passenger railroads will be required to install video recorders inside locomotives, but the rule excludes freight trains like the one that derailed and caught fire in East Palestine, Ohio.
GSA Is Moving Ahead to Rebuild Two Maine Land Ports of Entry
Two freight land ports from Maine to Canada are getting closer to being revamped as part of the U.S. General Services Administration's $3.4 billion infrastructure investment fund plan.
Port of Savannah Seeks to Deepen Shipping Lane Again
SAVANNAH, Ga. — Just 18 months after crews finished the $1 billion dredging of the Savannah River channel, the Georgia Ports Authority wants to study deepening the shipping lane again.