Profits at UPS fell year-over-year in the second quarter as the parcel carrier lost more business to rivals than expected due to uncertainty surrounding negotiations with the Teamsters.
August 8, 2023![Image](/sites/default/files/images/logos/top_50_logistics_3.png)
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 | 121.0 | 430 |
2 | XPO Logistics | 90.0 | 400 |
3 | Ryder Supply Chain Solutions | 54.4 | 304 |
4 | Geodis (North America) | 50.0 | 176 |
5 | NFI | 49.6 | 134 |
6 | Americold Logistics | 37.0 | 155 |
7 | FedEx Logistics | 35.4 | 127 |
8 | Kenco Group | 26.0 | 90 |
9 | Neovia Logistics | 24.0 | 112 |
10 | DB Schenker (North America) | 23.7 | 91 |
11 | DSC Logistics | 23.0 | 50 |
12 | Kuehne + Nagel Americas | 22.8 | 98 |
13 | Saddle Creek Logistics Services | 19.2 | 62 |
14 | Ceva Logistics (North America) | 18.1 | 119 |
15 | UPS Supply Chain Solutions | 17.3 | 144 |
16 | Penske Logistics | 15.4 | 98 |
17 | Warehouse Services Inc. | 14.0 | 30 |
18 | WSI Freight Solutions | 14.0 | 52 |
19 | APL Logistics (North America) | 12.0 | 35 |
20 | Radial | 11.7 | 21 |
21 | Expeditors International of Washington | 11.5 | 117 |
22 | Ingram Micro Commerce & Lifecycle Services | 10.4 | 38 |
23 | Universal Logistics Holdings | 9.3 | 40 |
24 | Performance Team | 8.5 | 25 |
25 | Blue Ribbon Transport | 8.3 | 20 |
26 | FW Logistics | 7.8 | 16 |
27 | Peoples Services Inc. | 7.8 | 42 |
28 | CJ Logistics America | 7.7 | 45 |
29 | DSV A/S (North America) | 7.0 | 38 |
30 | Schneider | 7.0 | 35 |
31 | Syncreon | 7.0 | 44 |
32 | Technicolor Global Logistics | 6.5 | 12 |
33 | Verst Group Logistics | 6.4 | 21 |
34 | Legacy Supply Chain Services | 6.3 | 36 |
35 | Port Logistics Group | 6.3 | 16 |
36 | Crane Worldwide Logistics | 6.0 | 56 |
37 | Kane Is Able Inc. | 6.0 | 25 |
38 | WOW Logistics | 6.0 | 19 |
39 | Nippon Express (North America) | 5.9 | 86 |
40 | Hub Group | 5.8 | 15 |
41 | Reo Logistics | 5.0 | 6 |
42 | United Facilities | 5.0 | 9 |
43 | Atlanta Bonded Warehouse | 4.5 | 14 |
44 | The Shippers Group | 4.5 | 11 |
45 | Comprehensive Logistics | 4.3 | 17 |
46 | Wagner Logistics | 4.2 | 16 |
47 | ODW Logistics | 4.1 | 17 |
48 | Acme Distribution Centers | 4.0 | 5 |
49 | Barrett Distribution | 4.0 | 20 |
50 | LeSaint Logistics | 4.0 | 14 |
51 | Xpedient Logistics | 4.0 | 5 |
52 | Damco International | 3.9 | 18 |
53 | Odyssey Logistics & Technology | 3.8 | 49 |
54 | SCI Group | 3.4 | 27 |
55 | Hitachi Transport System | 3.3 | 49 |
56 | Grupo Porteo | 3.2 | 27 |
57 | Pilot Freight Services | 3.1 | 82 |
58 | D+S Distribution | 3.0 | 21 |
59 | Keller Logistics Group | 3.0 | 9 |
60 | Laney & Duke Logistics | 3.0 | 4 |
61 | Network Global Logistics | 3.0 | 13 |
62 | RGL Logistics | 3.0 | 26 |
63 | We Pack Logistics | 2.7 | 18 |
64 | ACCEL Logistica | 2.6 | 22 |
65 | Bonded Logistics | 2.6 | 11 |
66 | A. Duie Pyle | 2.5 | 10 |
67 | Evans Distribution Systems | 2.5 | 8 |
68 | Weber Logistics | 2.5 | 10 |
69 | Regal Logistics | 2.4 | 8 |
70 | Ascent Global Logistics | 2.3 | 5 |
71 | A & R Logistics | 2.2 | 10 |
72 | Covenant Logistics Group | 2.2 | 16 |
73 | Amware Fulfillment/STACI U.S. | 2.0 | 15 |
74 | Commercial Warehouse & Cartage | 2.0 | 8 |
75 | Fidelitone | 2.0 | 33 |
76 | Logistics Plus | 2.0 | 11 |
77 | Mallory Alexander International Logistics | 2.0 | 10 |
78 | Onest Logistics | 2.0 | 29 |
79 | Patterson Warehouses | 2.0 | 6 |
80 | The Terminal Corp. | 2.0 | 9 |
81 | Commercial Warehousing | 1.9 | 16 |
82 | Integrated Distribution Services | 1.9 | 7 |
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.
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Extras
On the Bubble
UPS Lost More Business Than Expected on Strike Threat
Kentucky Begins $30 Million Road Project at Owensboro Port
Kentucky Gov. Andy Beshear joined state officials in breaking ground on a $30 million highway expansion project for the Owensboro Riverport Authority.
Cargo Airline Western Global Goes Bankrupt
Florida-based Western Global Airlines filed for bankruptcy protection with plans to slash its debt load after the cargo airline faced a cash crunch.
Tyson Foods to Close Four Chicken Processing Plants
Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs.
XPO Reports Q2 Income, Revenue Decline
XPO saw second-quarter net income and revenue decline, but the company sees momentum headed into the third quarter.
Canada’s Titanium Transportation Buys Georgia’s Crane
Titanium Transportation Group acquired Oakwood, Ga.-based Crane Transport to drive growth of the Canadian company’s U.S. logistics business, it said.
Yellow Closure Reshuffles LTL Sector
Less-than-truckload carrier Yellow Corp.'s ceasing of operations on July 30 after nearly 100 years in business is causing an upheaval for both its customers and the broader LTL market.
Schneider Sees Drop in Q2 Earnings
Schneider National on Aug. 3 announced that both income and revenue fell during the second quarter.
GXO Beats Wall Street Predictions, Boosts Q2 Profit 27%
GXO Logistics, the contract logistics provider that was spun off two years ago from its parent company XPO, reported stronger-than-expected second-quarter results on Aug. 2.
Schneider Acquires M&M Transport
Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.