Profits at Ryder System Inc. fell 39.8% in the fourth quarter of 2023 as weak freight conditions again sapped strength from used vehicle sales prices and rental activity, it said Feb. 14.
February 14, 2024Up Front
Battling supply chain, freight capacity issues, logistics providers demonstrate the value they bring to their business partners
As the 3PL industry continues to grow, so does our ranking of North America’s largest logistics companies, now at 100
Find out where the Top 100 Logistics companies are located by region; click links to view details about the company
Rankings
| Rank 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 |
About the Rankings...
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
Air, ground and ocean transportation rates soared to historic levels in 2021 as shippers leaned on 3PLs for goods
Shippers must be ready to adapt to a surge in small carriers by providing systems that allow them to succeed
As your company grows, you need your software or platform to be able to grow and adapt with you
If your company appears on the list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
From freight brokers to airfreight forwarders, all sectors of the logistics industry reacted to new demands
Learn more about how companies are selected for Transport Topics' Top 100 Largest Logistics Companies list
Logistics News
Business, Logistics, For-Hire
Ryder Q4 Profit Slides on Weak Used Truck Prices, Rentals
Government, Business, Safety, Logistics
FMC: Sanctions Against Yemen Should Be Considered
Federal Maritime Commissioner Carl Bentzel says his office wants the U.S. government to investigate whether economic sanctions are warranted against Yemen.
February 14, 2024Government, Business, Logistics
Senators Introduce Freight Border Bill
Legislation meant to ensure border security staff remain at commercial ports of entry was recently introduced in the U.S. Senate.
February 13, 2024Business, Logistics, For-Hire
XPO Looks to Lower Leverage, May Buy Back Debt Early, CFO Says
Less-than-truckload carrier XPO Inc. is working to reduce its leverage after it purchased assets from Yellow Corp. and might consider buying back some of its debt at par, its finance chief said.
February 12, 2024Government, Business, Safety, Fuel, Logistics
California Ports Deploying Air Pollution Capture for Ships
Long Beach, Calif.-based startup Stax Engineering has deployed pollution-capturing tech at multiple ports for the first time, servicing ships at the ports of L.A., Long Beach and Oakland.
February 12, 2024Business, Logistics, For-Hire
TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll
Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.
February 9, 2024Business, Logistics
Lineage Logistics Leads US IPOs Heading for Second Quarter
Lineage Logistics is leading a crop of private companies weighing initial public offerings in the U.S. as soon as the second quarter, according to people familiar with the matter.
February 9, 2024Government, Business, Safety, Logistics
Buttigieg, Shipping Stakeholders Discuss Red Sea Tensions
Transportation Secretary Pete Buttigieg held two private meetings with stakeholders to discuss shipping, regional navigation and supply chain issues in the Red Sea and Gulf of Aden.
February 9, 2024Business, Logistics, Global Freight, TCA
Port of Mobile to Build Container Facility in North Alabama
The Alabama Port Authority and CSX Transportation announced that Decatur, Ala., will be home to a new intermodal container transfer facility to connect north Alabama to the Port of Mobile.
February 8, 2024Government, Safety, Logistics
Congressional Democrats Push Rail Safety Bills
To mark the anniversary of a freight train derailment in Ohio, policymakers renewed calls for approving a legislative response as the industry highlights safety improvements.
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