RXO posted an increase in third-quarter revenue despite a persistently soft market environment by focusing on its customer relationships, the company reported Nov. 7.
November 7, 2024Rank 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.
Extras
On the Bubble
RXO Reports Revenue Increase to Just More Than $1B for Q3
Intermodal Load Growth Cushions Hub Group Q3 Profit Decline
Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.
Schneider Q3 Revenue, Profit Decline in Weak Freight Market
The company's results missed expectations from investment analysts on Wall Street, who had been looking for earnings per share of 23 cents and quarterly revenue of $1.33 billion.
N.Y. to Give $21.6M for Dairy Supply Chain, Milk Tankers
Gov. Kathy Hochul unveiled the grant program in her 2024 State of the State address as a response to mounting challenges facing dairy farmers.
I-40 Between N.C. and Tennessee Could Reopen by Jan. 1
Interstate 40 may reopen between North Carolina and Tennessee by New Year’s Day, according to the North Carolina Department of Transportation.
Lineage Prepares for First Post-IPO Earnings Report
Wall Street expects the company to report $1.3 billion in revenue and an adjusted diluted loss per share of $1.73 for the quarter that ended in September.
GXO Reports 28% Revenue Jump for Q3
GXO Logistics experienced a 28% jump in revenue as its operations built momentum in the third quarter, the company reported Nov. 5.
North Carolina Deploys Surplus Goods to Aid Storm Recovery
Gov. Roy Cooper has issued two executive orders to aid recovery efforts in the state — one to expedite distribution of surplus goods, and another to waive motor vehicle requirements.
Forward Air Revenue Soars 92%; Net Loss Hits $34M
The Tennessee-based ground transportation and logistics services provider posted a net loss of $34.2 million, or negative $2.62 a diluted share, for the three months ending Sept. 30.
US Taps California for CHIPS for America R&D Facility
Sunnyvale, Calif., will host both a research and development semiconductor facility and serve as joint headquarters for Natcast and the National Semiconductor Technology Center.