FRANKFURT — German logistics and delivery giant DHL reported second-quarter net profit of $802 million, a decline of 23.9% from a year ago, as a sluggish global economy dampened demand.
August 1, 2024Rank This Year | Company | Gross Revenue (Millions) | Net Revenue (Millions) | Employees |
---|---|---|---|---|
1 | C.H. Robinson Worldwide | $22,355 | $2,972 est
|
11,989 |
2 | Expeditors International of Washington | $16,524 | $4,466 | 19,588 |
3 | UPS Supply Chain Solutions | $14,639 | $7,000 est
|
80,000 |
4 | Kuehne + Nagel Americas | $12,980 | $2,703 | 17,428 |
5 | J.B. Hunt Transport Services | $11,412 | $3,685 est
|
34,978 |
6 | XPO Logistics | $8,907 | $2,337 | 21,000 |
7 | DSV A/S (North America) | $7,957 | $1,014 est
|
10,410 |
8 | GXO Logistics | $7,940 | $6,860 est
|
75,000 |
9 | Total Quality Logistics | $7,857 | $1,403 | 8,000 |
10 | Uber Freight/Transplace Inc. | $6,440 | $680 est
|
4,829 |
11 | Transportation Insight Holding Co. | $5,800 | $410 est
|
2,300 |
12 | DHL Supply Chain | $5,010 | $4,570 est
|
40,000 |
13 | Ryder Supply Chain Solutions | $4,612 | $3,265 | 20,000 |
14 | WWEX Group | $4,600 | $837 | 3,660 |
15 | Burris Logistics | $4,300 | $390 | 2,054 |
16 | Hub Group | $4,232 | $600 | 5,000 |
17 | Lineage Logistics | $4,000 | - | 22,000 |
18 | Landstar System | $3,838 | $635 est
|
800 |
19 | Schneider | $3,770 | $1,445 est
|
16,040 |
20 | Echo Global Logistics | $3,745 | $540 | 2,681 |
21 | Penske Logistics | $3,700 | $2,885 est
|
19,558 |
22 | Mode Global | $3,400 | $431 | 625 |
23 | NFI | $3,120 | $2,500 | 15,400 |
24 | DB Schenker (North America) | $3,030 | $1,065 est
|
8,850 |
25 | Ceva Logistics (North America) | $2,835 | $1,300 est
|
20,000 |
26 | Geodis (North America) | $2,760 | $1,630 est
|
17,761 |
27 | Americold Logistics | $2,715 | $2,130 | 16,275 |
28 | AIT Worldwide Logistics | $2,292 | $444 | 2,280 |
29 | Seko Logistics | $2,018 | $550 est
|
3,000 |
30 | FedEx Logistics | $1,920 | $980 est
|
21,000 |
31 | Knight-Swift Transportation | $1,900 | $800 est
|
20,000 |
32 | Kerry Logistics (Americas) | $1,860 | $615 est
|
- |
33 | Werner Enterprises | $1,837 | $1,302 | 6,884 |
34 | ArcBest Corp. | $1,810 | $255 | 1,392 |
35 | Omni Logistics | $1,798 | $517 | 4,500 |
36 | Capstone Logistics | $1,780 | $1,420 est
|
17,000 |
37 | Maersk Logistics (Americas) | $1,700 | $610 est
|
4,000 |
38 | TFI International | $1,662 | $215 est
|
6,000 |
39 | Arrive Logistics | $1,632 | $200 est
|
1,290 |
40 | Ascent Global Logistics | $1,600 | $213 | 1,000 |
40 | Crane Worldwide Logistics | $1,600 | $449 | 2,155 |
42 | BDP International | $1,552 | $379 est
|
5,000 |
43 | Universal Logistics Holdings | $1,502 | $735 est
|
7,999 |
44 | Pilot Freight Services | $1,350 | $385 est
|
3,000 |
45 | Kintetsu World Express (North America) | $1,327 | $425 est
|
1,259 |
46 | Syncreon | $1,275 | $1,116 | 13,000 |
47 | Allen Lund Co. | $1,225 | $147 | 623 |
48 | Ruan | $1,223 | $860 est
|
5,500 |
49 | Radial | $1,200 | $1,200 est
|
4,600 |
50 | Odyssey Logistics & Technology | $1,167 | $396 | 2,586 |
51 | Redwood Logistics | $1,160 | $173 | 868 |
52 | OIA Global | $1,156 | $177 | 1,249 |
53 | Convoy | $1,130 | $135 est
|
1,200 |
54 | U.S. Xpress Enterprises | $1,083 | $654 | 4,000 |
55 | CRST The Transportation Solution | $1,040 | - | 6,536 |
56 | Integrity Express Logistics | $1,027 | $124 | 682 |
57 | Cardinal Logistics | $981 | $806 | 4,160 |
58 | Nippon Express (North America) | $971 | $90 est
|
2,900 |
59 | Bollore Logistics (Americas) | $965 | $215 est
|
1,268 |
60 | ITS Logistics | $955 | $137 | 785 |
61 | Kenco Group | $947 | $661 | 5,800 |
62 | CJ Logistics America | $914 | $914 est
|
3,900 |
63 | Traffix | $898 | $162 | 423 |
64 | Radiant Logistics | $889 | $221 est
|
685 |
65 | Scan Global Logistics A/S | $880 | - | 2,400 |
66 | PLS Logistics Services | $850 | $105 | 582 |
66 | Armstrong Transport Group | $850 | $105 | 500 |
68 | Saddle Creek Logistics Services | $816 | $780 est
|
5,800 |
69 | BNSF Logistics | $800 | $125 est
|
700 |
70 | Matson Logistics | $793 | - | 525 |
71 | Metro Supply Chain | $770 | $770 est
|
6,000 |
72 | Priority-1 Inc. | $757 | $141 | 550 |
73 | MegaCorp Logistics | $742 | $102 | 550 |
74 | BlueGrace Logistics | $720 | $115 est
|
563 |
75 | Spot Inc. | $713 | $65 | 413 |
76 | Day & Ross | $710 | $500 est
|
425 |
77 | Covenant Logistics Group | $709 | $435 est
|
3,000 |
78 | Pepsi Logistics Company | $705 | $57 | 310 |
79 | ATS Logistics Services | $681 | $106 | 338 |
80 | R&R Family of Companies | $667 | $114 | 354 |
81 | FLS Transportation Services | $600 | $91 | 385 |
82 | Hellmann Worldwide Logistics (Americas) | $585 | $120 est
|
2,229 |
83 | Mullen Group | $584 | $115 est
|
2,500 |
84 | Cowan Logistics | $548 | $181 | 1,594 |
85 | Watco Logistics | $524 | $64 | 234 |
86 | Axle Logistics | $520 | $67 | 260 |
87 | TA Services | $516 | $97 | 700 |
88 | Circle Logistics | $513 | $83 est
|
540 |
89 | Lazer Logistics | $500 | $470 est
|
5,200 |
90 | England Logistics | $490 | $105 est
|
528 |
90 | Venture Logistics | $490 | $343 | 1,400 |
92 | TransAmerica Express Logistics | $480 | $140 est
|
50 |
93 | Logistic Dynamics | $477 | $69 | 53 |
94 | Marten Transport | $474 | $353 est
|
1,735 |
95 | ProTrans | $450 | $115 est
|
1,150 |
96 | Averitt Express | $399 | $291 | 1,500 |
97 | Cornerstone Systems | $394 | $45 est
|
198 |
98 | Magellan Transport Logistics | $374 | $59 | 175 |
99 | Legacy Supply Chain Services | $365 | $279 | 2,800 |
100 | Steam Logistics | $358 | $45 | 425 |
Top 100 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 100 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 100 list.
* No. 51 removed from the list due to unverified information provided by the company.
Extras
Sluggish Global Economy Weighs on Germany’s DHL in Q2
Maersk Boosts Full-Year Guidance
A.P. Moller-Maersk, a bellwether for global trade, increased its full-year guidance due to higher freight rates caused by supply chain disruptions following attacks in the Red Sea.
Senate Panel Approves TSA Clearance Bill for Truckers
A committee in the U.S. Senate recently approved a bill that would facilitate commercial drivers’ applications for security credentials.
Werner Spots Signs of Hope Despite Disappointing Q2
Profit dropped at Werner Enterprises Inc. in the second quarter of 2024 as revenue slid more than analysts expected on the back of continued freight weakness, although executives are seeing more room for optimism from the last few weeks.
Transportation Jobs Up in July ADP Data; Overall Hiring Slows
US companies added the fewest number of workers since the start of the year and wage growth slowed, consistent with signs of a softer labor demand. But the transportation sector showed resilience.
Estes Eyes 12% Terminal Door Total Increase in 2024
Estes Express Lines expects the number of terminal doors in the less-than-truckload carrier’s portfolio to jump more than 12% in 2024 to a total exceeding 12,750.
Norfolk Southern Accused of Delaying Amtrak Passenger Trains
U.S. authorities accused Norfolk Southern Corp. of causing repeated delays of Amtrak passenger trains along a lengthy route spanning New York City to New Orleans.
Knight-Swift Buys Dependable Highway Express’ LTL Business
Knight-Swift Transportation Holdings on July 30 announced that it is acquiring the less-than-truckload operations of Dependable Highway Express.
FAA Clears Drone Companies to Operate in Shared Airspace
The FAA has cleared Wing and Zipline to fly their drones simultaneously over the suburbs of Dallas-Fort Worth without visual observers, using technology to keep the drones apart.
Amazon Deemed Responsible for Hazardous Third-Party Items
Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by the company, a U.S. government agency ordered July 30.