XPO Logistics Inc. said three investors have agreed to a $700 million infusion of equity that will enable the company to accelerate its revenue and profitability growth plans.
September 12, 2014Rank 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
Truckers Face Lengthy Detours After Floods Close Stretch of I-15
Nearly 50 miles of Interstate 15, a critical western freight artery, was closed last week after floods severely damaged the highway north of Las Vegas, forcing thousands of truckers to take costly detours from Southern California to Montana.
September 15, 2014XPO Says $700 Million Funding Will Speed Acquisitions
Weekly Intermodal Traffic Rises 4.5%
U.S. rail intermodal traffic increased 4.5% in the week ended Sept. 6 compared with the same week last year, the Association of American Railroads reported.
September 12, 2014Hub Group Switches Drivers to Employee Status
Hub Group Inc. has decided to voluntarily make drayage drivers in California into employees, taking a different stance from other fleets that continue to insist that intermodal truckers are independent contractors.
September 10, 2014Three Ocean Carriers Plan New Alliance
France’s CMA CGM, the world’s third-largest container shipping company, has signed an equipment sharing alliance with China Shipping Container Line and United Arab Shipping as carriers continue to seek new partners.
September 9, 2014Swift Execs Skip Conference as Phoenix Floods
Executives from Swift Transportation Co., scheduled to make a presentation at a Las Vegas conference, were forced to cancel due to record floods in Phoenix, where the company is based.
September 9, 2014Seattle Taps Ex-Polar Executive to Head Port
Ted Fick, former CEO of trailer maker Polar Corp., has been selected as CEO at the Port of Seattle to replace Tai Yoshitani, who is retiring at the end of this month.
Intermodal Rail Volume Rises 4.3% in August
Intermodal rail volume for August rose 4.3% compared with the same time last year, the Association of American Railroads reported.
September 5, 2014UTi’s Fiscal Second-Quarter Loss Widens
UTi Worldwide Inc. reported its second-quarter fiscal loss increased to $16.9 million, or 19 cents per share, from $4.4 million, or 4 cents per share, the prior year.
September 4, 2014New Website Offers Data On Trucking Firms, Shippers, Brokers
Data Driven Shipping, based in San Diego, has launched a website that allows users to download trucking industry data to the program of their choice on their computer or mobile device.