Rail freight companies began the earnings season with mixed results as profits rose 1.7% at CSX Corp. but plunged 20% at Canadian Pacific Railway Ltd. in the first quarter compared with the same period a year ago.
April 24, 2017Rank 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
Profits Up at CSX, Decline at CP in 1Q; Harrison Pushes for Rail Consolidation
Will Uber Replace Freight Brokers? ‘Absolutely Not,’ Tech Expert Insists
ORLANDO, Fla. — The emergence of Uber-style transactions in the freight industry will not replace brokers, experts in the segment said while acknowledging a surge in both the number of new motor carriers and mobile apps to locate freight.
ExpoCam Provides Recruiting Opportunities for Companies
MONTRÉAL — Mercer Transportation Co. is a regular at the Mid-America Trucking Show because the flatbed carrier and MATS share Louisville, Ky., as a hometown — but that was not a reason to avoid ExpoCam.
Pricey Canadian Diesel Kindles Desire for Aerodynamic Savings
MONTREAL — Two suppliers of aerodynamic fairings at the ExpoCam truck show here said sales of the mileage-enhancing products are popular on both sides of the U.S.-Canadian border. However, a key difference is the approach of the government.
Kansas City Southern Profits Up Despite Mexican Peso Depreciation
Kansas City Southern reported profits rose 36% in the first quarter, although the gains were lowered to a 12% increase after applying the exchange rate between the Mexican peso and the U.S. dollar.
Profits Up at CSX, Down at Canadian Pacific in First Quarter
The rail freight carriers' earnings season began on a mixed note as profits rose 1.7% at CSX Corp. but plunged 20% at Canadian Pacific Railway in the first quarter compared with the same period in 2016.
April 19, 2017Video: Will Knight-Swift Merger Catch Feds' Interest?
Will the planned merger of Knight Transportation Inc. and Swift Transportation — one of the trucking industry's largest mergers ever — catch the attention of federal antitrust regulators? Watch as TT Senior Features Writer Daniel Bearth provides his take on that question for colleague Eugene Mulero.
April 18, 2017Year-Over-Year Gains Continue as Trailer Orders Top 21,000
U.S. trailer orders cruised past 21,000 in March, extending the streak of year-over-year gains to four months, ACT Research said.
April 17, 2017XPO Logistics Employees Reject Unionization at Two Illinois Facilities; OK It in Trenton, N.J.
Employees at XPO Logistics Inc.’s less-than-truckload facilities in Aurora and Elgin, Ill., voted against representation by the Teamsters union, the company said April 17.
April 17, 2017Knight, Swift Plan Merger
A merger of Knight Transportation Inc. and Swift Transportation Co., two of the nation’s largest trucking companies, is expected to trigger a historic move to consolidate the truckload freight sector, industry analysts said last week.