XPO Logistics Inc. posted its first-ever profit, earning $42.6 million, or 35 cents per share, as results improved in the less-than-truckload and last-mile services as well as European logistics activity.
August 4, 2016Sponsored by:
2016 Essential Financial and Operating Information for the 50 largest logistics companies in the U.S. and Canada
Up Front
Learn how to be included in the 2017 Top 50 Logistics Companies listing.
As online sales continue to soar, so have the expectations of consumers for goods to be delivered quickly and cheaply.
Our April 20 LiveOnWeb webcast looked at how online shopping is creating enormous disruption to freight networks and modes of delivery. Plus we looked back at the new TT Top 50 Logistics Companies rankings. Watch the replay.
Rankings Warehousing
Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dry Storage Warehousing Firms
| Rank | Company | Total Space (Millions of Sq.Ft.) | No. of Warehouses |
|---|---|---|---|
| 1 | DHL Supply Chain | 115.0 | 417 |
| 2 | XPO Logistics | 65.0 | 298 |
| 3 | FedEx Logistics | 43.0 | 180 |
| 4 | Americold Logistics | 40.0 | 180 |
| 5 | Ryder Supply Chain Solutions | 40.0 | 279 |
| 6 | OHL | 36.0 | 130 |
| 7 | Ceva Logistics (North America) | 33.0 | 164 |
| 8 | UPS Supply Chain Solutions | 32.2 | 535 |
| 9 | Kenco Group | 31.0 | 90 |
| 10 | NFI | 27.5 | 90 |
| 11 | DB Schenker (North America) | 27.0 | 82 |
| 12 | Lineage Logistics | 26.0 | 113 |
| 13 | UTi Worldwide | 26.0 | 230 |
| 14 | Neovia Logistics | 24.0 | 112 |
| 15 | DSC Logistics | 23.0 | 63 |
| 16 | Penske Logistics | 21.0 | 81 |
| 17 | Saddle Creek Logistics Services | 17.1 | 41 |
| 18 | Kuehne + Nagel Americas | 15.1 | 75 |
| 19 | Warehouse Services Inc. | 14.0 | 30 |
| 20 | WSI Inc. | 14.0 | 52 |
| 21 | Ingram Micro Commerce & Lifecycle Services | 12.4 | 132 |
| 22 | APL Logistics (North America) | 10.7 | 35 |
| 23 | United States Cold Storage | 8.9 | 35 |
| 24 | Kane Is Able Inc. | 8.0 | 25 |
| 25 | Technicolor Global Logistics | 8.0 | 21 |
| 26 | Preferred Freezer Services | 7.4 | 35 |
| 27 | Performance Team | 7.0 | 25 |
| 28 | Legacy Supply Chain Services | 6.5 | 42 |
| 29 | Port Logistics Group | 6.0 | 15 |
| 30 | Schneider | 6.0 | 12 |
| 31 | WOW Logistics | 6.0 | 20 |
| 32 | Syncreon | 5.5 | 47 |
| 33 | Universal Logistics Holdings | 5.1 | 48 |
| 34 | Landair Dedicated | 5.0 | 12 |
| 35 | United Facilities | 5.0 | 9 |
| 36 | Verst Group Logistics | 5.0 | 19 |
| 37 | Comprehensive Logistics | 4.7 | 14 |
| 38 | VersaCold Logistics Services | 4.4 | 33 |
| 39 | Averitt Express | 4.0 | 107 |
| 40 | D+S Distribution | 4.0 | 21 |
| 41 | RGL Logistics | 3.5 | 15 |
| 42 | SCI Group | 3.2 | 30 |
| 43 | Barrett Distribution | 3.0 | 14 |
| 44 | Celadon Group | 3.0 | 13 |
| 45 | Keller Logistics Group | 3.0 | 8 |
| 46 | Wagner Logistics | 3.0 | 13 |
| 47 | Yusen Logistics | 3.0 | 64 |
| 48 | Pilot Freight Services | 2.8 | 70 |
| 49 | Burris Logistics | 2.6 | 17 |
| 50 | Weber Logistics | 2.5 | 10 |
| 51 | A & R Logistics | 2.2 | 10 |
| 52 | Matson Logistics | 2.1 | 6 |
| 53 | Evans Distribution Systems | 2.0 | 11 |
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
A former Transport Topics editor who worked at Amazon examines the hustle and bustle of the online retailer.
56
On the Bubble
Verst Group
($156 million), Walton, Ky., provides air and ocean freight forwarding, customs brokerage, dedicated contract carriage, freight brokerage, freight payment and auditing, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, supply chain consulting, transportation management and warehousing and distribution.
Visit our new sector pages for top brokerage firms, warehousing firms, dedicated contract carriers, ocean freight forwarders and airfreight forwarders.
If your company appears in the 2016 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.
Find out where the carriers are by regions and by state in North America with our interactive map.
Logistics News
Business, Logistics
June Trailer Orders Plunge 50%
U.S. trailer orders in June sank about 50% from especially robust volumes a year earlier, as the stagnant freight market also prompted a spike in cancellations and a sharp decline in backlog, analysts said.
August 8, 2016Government, Business, Safety, Logistics
TT Wins National Award From ASBPE
Transport Topics won the bronze prize of the 2016 Azbee Awards of Excellence from the American Society of Business Publication Editors.
August 8, 2016Business, Logistics
XPO Logistics Earns $42.6 Million, First-Ever Profit
Business, Government, Logistics
Port of Virginia Readies to Take on Savannah
HAMPTON ROADS, Va. — The Port of Virginia is expanding within the next five years in an effort to attract larger vessels traveling through the Panama Canal, according to a presentation during an Aug. 3 sightseeing visit for Congressional staffers and the media.
August 4, 2016Business, Logistics
Deutsche Post Profit Rises Fastest Since Late 2011 on Parcels
Deutsche Post AG’s quarterly profit jumped at the fastest pace in 4 1/2 years after prices increased and deliveries on behalf of internet-based retailers rose. The stock gained to an eight-month high.
August 4, 2016Business, Logistics
North American Intermodal Freight Declines for First Time Since 2009
Intermodal freight shipments fell 6.1% in the second quarter, ending 25 consecutive year-over-year increases, hurt by fewer international and trailer shipments, the Intermodal Association of North America reported.
August 3, 2016Business, Logistics
Expeditors International of Washington Reports 1.5% Drop in Profits
Logistics provider Expeditors International of Washington reported second-quarter profits fell 1.5% compared to the same period last year due to lower yields from airfreight and ocean freight operations.
August 2, 2016Logistics
Norfolk Southern, Canadian National Earnings Slip in Second Quarter
Weaker energy-related freight shipments led two more North American railroads to report lower second-quarter earnings, including a decline of 6% at Norfolk Southern Corp. and 3% at Canadian National Railway.
July 27, 2016Business, Logistics
TransForce Pursues US Truckload Acquisition
Canadian company TransForce Inc. is actively seeking a substantial U.S. truckload market acquisition, CEO Alain Bedard said on a conference call during which the diversified freight and package carrier reported lower second-quarter earnings.
July 25, 2016Business, Logistics
Swift Lawsuit Reinstated; Marten Case Dismissed
A class-action lawsuit filed by more than 80,000 drivers against Swift Transportation has been reinstated after a ruling from the Arizona Court of Appeals, but another lawsuit against Marten Transport was dismissed by the U.S. Court of Appeals.
July 25, 2016Archives
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