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:
2021 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
The pandemic-driven spike in online shopping has forced firms to adjust operations.
For the 2021 list, we've decided to use a different metric to rank companies.
Rankings
| 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 |
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
Evan Armstrong breaks down how COVID-19 challenged companies in 2020.
54
On the Bubble
Seko Logistics
($800 million), Itasca, Ill., provides air and ocean freight forwarding, custom brokerage, freight brokerage, inventory management and packaging, order fulfillment, supply chain consulting, transportation management and warehousing and distribution.
If your company appears on the 2021 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
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.
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