Canada Cartage Corp. will buy GTI Group for an undisclosed sum, the company said.
December 4, 2023![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
Canada Cartage Acquires GTI Group
NYC Congestion Plan Would Charge Business District Drivers
Most drivers would pay $15 to enter Manhattan’s business district under a plan released by New York officials Nov. 30, the first such program in the U.S. if approved by officials next year.
Atlanta Joins Top Tier of Global Supply Chain Powers
Atlanta’s Hartsfield-Jackson International Airport plans a nearly $500 million expansion of its air cargo facilities to accommodate steady economic growth in the southeast U.S.
Greek Shipping Giant Warns Panama Canal Chaos May Hit Suez
Congestion at the Panama Canal could result in delays at Egypt’s Suez Canal, possibly affecting cargoes of liquefied natural gas, according to an official at Angelicoussis Group.
Lineage Logistics Eyes Over $30 Billion Valuation in IPO
Lineage Logistics is targeting a valuation of more than $30 billion in an initial public offering, people familiar with the matter said, in what could be one of next year’s largest listings.
Biden Convenes New Supply Chain Council
WASHINGTON — President Joe Biden on Nov. 27 opened the first meeting of his supply chain resilience council by saying his administration was working to lower costs for U.S. families.
Panama Canal Adds Extra Queue-Jumping Auctions
The Panama Canal Authority said it will add extra slots allowing ships to pay big premiums to transit the waterway, which has become congested due to an ongoing drought.
Trucking Firms Using Social Media Influencers for Promotion
Trucking marketers looking for a leg up on social media are turning to AI software that can quickly surface the absolute best influencers in that medium to promote their brand.
How Logistics Can Transform With AI — and Not Lose Its Way
The buzz around artificial intelligence has a way of obscuring the most important conversations around it.
Shippers Spend $235 Million to Bypass Panama Canal Jam
Shipping companies have paid a total of $235 million so far this year to jump ahead of the backlog at the Panama Canal, according to data from shipping agency Waypoint Port Services.