Real economic activity in the U.S. is slowing sharply. This is showing up in lower demand for new trucks and autos, and a tailing off in freight volumes, leaving transport stocks facing more downside.
April 13, 2022![Image](/sites/default/files/images/logos/top50logolog2021.png)
Rank This Year | Company | Gross Revenue (Millions) | Net Revenue (Millions) | Employees |
---|---|---|---|---|
1 | C.H. Robinson Worldwide | $15,490 | $2,241 est
|
9,114 |
2 | XPO Logistics | $12,107 | $6,470 est
|
62,000 |
3 | UPS Supply Chain Solutions | $11,048 | $5,565 est
|
77,000 |
4 | Expeditors International of Washington | $10,116 | $2,927 est
|
17,908 |
5 | J.B. Hunt Transport Services | $9,198 | $3,045 est
|
23,000 |
6 | Kuehne + Nagel Americas | $6,615 | $1,656 est
|
15,000 |
7 | DHL Supply Chain | $5,800 | $5,290 est
|
36,339 |
8 | Transportation Insight Holding Co. | $4,270 | $280 est
|
1,800 |
9 | Total Quality Logistics | $4,138 | $736 est
|
5,000 |
10 | Burris Logistics | $4,100 | $435 est
|
2,109 |
11 | Ryder Supply Chain Solutions | $3,774 | $2,800 est
|
15,000 |
12 | Hub Group | $3,646 | $449 est
|
5,000 |
13 | Uber Freight/Transplace Inc. | $3,400 | $334 est
|
2,800 |
14 | DSV A/S (North America) | $2,970 | $730 est
|
- |
15 | Schneider | $2,814 | $1,135 est
|
1,500 |
16 | Geodis (North America) | $2,700 | $1,600 est
|
17,337 |
17 | NFI | $2,631 | $2,214 est
|
14,500 |
18 | Penske Logistics | $2,600 | $2,040 est
|
20,033 |
19 | Echo Global Logistics | $2,512 | $393 est
|
2,593 |
20 | DB Schenker (North America) | $2,335 | $840 est
|
8,700 |
21 | Ingram Micro Commerce & Lifecycle Services | $2,300 | $2,140 est
|
28,500 |
22 | Landstar System | $2,196 | $365 est
|
700 |
23 | Mode Global | $2,100 | $287 est
|
435 |
23 | FedEx Logistics | $2,100 | $1,075 est
|
20,000 |
25 | Americold Logistics | $1,990 | $1,580 est
|
16,000 |
26 | Ceva Logistics (North America) | $1,975 | $935 est
|
17,000 |
27 | GlobalTranz Enterprises | $1,651 | $263 est
|
1,152 |
28 | WWEX Group | $1,650 | $360 est
|
2,000 |
29 | BDP International | $1,552 | $379 est
|
5,000 |
30 | Werner Enterprises | $1,527 | $1,120 est
|
6,495 |
31 | Lineage Logistics | $1,440 | $1,440 est
|
14,000 |
32 | Knight-Swift Transportation | $1,330 | $665 est
|
20,000 |
33 | TransGroup Global Logistics | $1,300 | $580 est
|
1,740 |
34 | Ruan | $1,223 | $860 est
|
5,500 |
35 | AIT Worldwide Logistics | $1,220 | $256 est
|
1,719 |
36 | Syncreon | $1,203 | $1,080 est
|
- |
37 | Radial | $1,200 | $1,200 est
|
4,600 |
38 | Universal Logistics Holdings | $1,190 | $550 est
|
7,550 |
39 | Capstone Logistics | $1,040 | $900 est
|
12,000 |
40 | Odyssey Logistics & Technology | $1,018 | $365 est
|
2,600 |
41 | Uber Freight | $1,011 | $120 est
|
- |
42 | APL Logistics (North America) | $1,010 | $625 est
|
4,000 |
43 | Ascent Global Logistics | $974 | $140 est
|
950 |
44 | Crane Worldwide Logistics | $916 | $267 est
|
1,800 |
45 | OIA Global | $876 | $164 est
|
1,300 |
46 | Pilot Freight Services | $874 | $250 est
|
2,500 |
47 | U.S. Xpress Enterprises | $857 | $609 est
|
3,895 |
48 | Cardinal Logistics | $849 | $752 est
|
4,250 |
49 | Radiant Logistics | $847 | $199 est
|
603 |
50 | Nippon Express (North America) | $844 | $300 est
|
2,931 |
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
Shipping Slowdown Exposes Vulnerability of US Economic Growth
DHL Transport Chief Sees ‘So Much Strength’ in US Economy
The U.S. economy is strong enough to avoid a sharp downturn, even as concerns are growing about how long consumers can sustain healthy spending levels amid rising inflation, the head of transportation at Deutsche Post AG’s DHL supply chain division said.
Texas Ag Commissioner Blasts Governor’s Border Crackdown
Texas Agriculture Commissioner Sid Miller blasted Gov. Greg Abbott’s “catastrophic” crackdown on cross-border trucking and warned it will lead to food shortages in the second-largest U.S. state.
April 13, 2022Mexican Truckers Halt Bridge Traffic Following Texas Inspection Mandate
PHARR, Texas — Just four days after the Texas Department of Public Safety began implementing a program to inspect all commercial traffic crossing the Texas-Mexico border, Mexican truck drivers staged a protest that halted all traffic into and out of Mexico at the Pharr-Reynosa International Bridge on April 11.
Union Pacific Will Limit Traffic to Clear Clogged Rail Lines
Union Pacific Corp. plans to limit customer-owned railcars on its network beginning next week to ease traffic jams that have gummed up the supply chain.
Perspective: Leveraging the Power of Hybrid Work
Remote work can open trucking and logistics companies up to talent from new markets and people.
Flexibility Key to Addressing Supply Chain Delays, 3PLs Say
SAN DIEGO — Closer collaboration and a willingness to find different ways to move freight are among the ways that third-party logistics providers have been navigating the supply chain disruptions, delays and scarce capacity that have characterized the past two years.
R.I. Truckers Back $46 Million Plan to Upgrade Commercial Fishing Port
The Rhode Island Trucking Association backs the governor’s request to invest $46 million to add decades to the life of a major East Coast commercial fishing hub in the Port of Galilee while improving freight movements.
3PLs Can Strengthen Partnerships, Advocate for Industry, TIA Leaders Say
SAN DIEGO — At a time when supply chain challenges are in the national spotlight, third-party logistics providers have a unique opportunity to advocate for their businesses and forge stronger relationships with their shipper customers and carrier partners, 3PL industry leaders said.
UST Promotes Kevin Dietrich
UST Logistical Systems announced the promotion of Kevin Dietrich to executive president. In his new role, Dietrich will be responsible for all divisions and their financial performance.
April 8, 2022