Old Dominion Freight Line Inc. profits fell 22.3% year-over-year to $292.4 million in the second quarter of 2023 from $376.1 million in the year-ago period, it said.
July 31, 2023Sponsored 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.
51
On the Bubble
Neovia Logistics
($835 million), Irving, Texas, provides order fulfillment, returned goods management, 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
Old Dominion Freight Line Q2 Profit Falls 22.3% Year-On-Year
Business, Logistics, For-Hire
ArcBest Q2 Profit More Than Halves on Weak Demand
ArcBest posted lower earnings and revenue on weaker demand for the second quarter, the Fort Smith, Ark.-based carrier announced July 28.
July 31, 2023Business, Logistics, Private
Amazon to Double Number of Same-Day Delivery Facilities
Amazon.com Inc. will double the number of U.S. same-day delivery facilities in the “coming years,” the company announced July 31.
July 31, 2023Business, Logistics, For-Hire
Yellow Ceases Operations
Less-than-truckload company Yellow shut down operations, ending a nearly 100-year history as one of the nation’s largest carriers, and the company began posting notices at terminals.
July 30, 2023Business, Logistics, For-Hire
Yellow Puts Logistics Division Up for Sale
Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business.
July 28, 2023Government, Business, Logistics
New Iowa Truck Road Unveiled at Missouri River Barge
A road partially funded by a $1 million U.S. government grant is enabling farmers to move freight from Interstate 29 directly to Iowa’s Port of Blencoe barge terminal on the Missouri River.
July 28, 2023Government, Safety, Logistics
Senators Introduce Trucking Safety Bill
Legislation meant to promote highway safety by setting federal standards that further determine a carrier’s competence was recently introduced in the U.S. Senate.
July 27, 2023Business, Equipment, Logistics, For-Hire
Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge
Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.
July 27, 2023Business, Logistics, For-Hire
Landstar Records Q2 Earnings Drop but Beats Expectations
Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.
July 27, 2023Government, Business, Equipment, Safety, Logistics
Strategic Tactics Drive Cargo Theft Rise
The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics.
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