FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year.
June 26, 2024Logistics 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 | 139.0 | 493 |
2 | XPO Logistics | 90.0 | 400 |
3 | Ryder Supply Chain Solutions | 56.4 | 328 |
4 | NFI | 49.6 | 145 |
5 | Geodis (North America) | 44.0 | 142 |
6 | FedEx Logistics | 30.7 | 110 |
7 | Kenco Group | 26.0 | 90 |
8 | CJ Logistics America | 24.9 | 66 |
9 | Penske Logistics | 24.6 | 70 |
10 | DB Schenker (North America) | 23.7 | 91 |
11 | Saddle Creek Logistics Services | 21.6 | 66 |
12 | Kuehne + Nagel Americas | 18.7 | 87 |
13 | Ceva Logistics (North America) | 18.1 | 119 |
14 | UPS Supply Chain Solutions | 17.3 | 144 |
15 | Warehouse Services Inc. | 14.0 | 30 |
15 | WSI | 14.0 | 52 |
17 | APL Logistics (North America) | 12.7 | 44 |
18 | Expeditors International of Washington | 11.7 | 133 |
18 | Radial | 11.7 | 21 |
20 | Universal Logistics Holdings | 10.6 | 40 |
21 | Ingram Micro Commerce & Lifecycle Services | 10.4 | 38 |
22 | Neovia Logistics | 10.2 | 49 |
23 | Performance Team | 9.0 | 24 |
24 | Blue Ribbon Transport | 8.3 | 20 |
25 | FW Logistics | 7.8 | 16 |
25 | Peoples Services | 7.8 | 42 |
27 | DSV A/S (North America) | 7.6 | 43 |
28 | Legacy Supply Chain Services | 7.5 | 36 |
29 | Schneider | 7.2 | 35 |
30 | Syncreon | 7.0 | 44 |
31 | Hub Group | 6.6 | 16 |
32 | Technicolor Global Logistics | 6.5 | 12 |
32 | Verst Logistics | 6.5 | 23 |
32 | Wagner Logistics | 6.5 | 23 |
35 | Port Logistics Group | 6.3 | 16 |
36 | Crane Worldwide Logistics | 6.0 | 56 |
36 | Kane Is Able Inc. | 6.0 | 25 |
36 | WOW Logistics | 6.0 | 19 |
39 | Nippon Express (North America) | 5.1 | 54 |
40 | Reo Logistics | 5.0 | 6 |
40 | United Facilities | 5.0 | 9 |
42 | Atlanta Bonded Warehouse | 4.9 | 14 |
43 | ODW Logistics | 4.7 | 19 |
44 | The Shippers Group | 4.5 | 11 |
45 | Comprehensive Logistics | 4.3 | 17 |
46 | Acme Distribution Centers | 4.0 | 5 |
46 | Barrett Distribution | 4.0 | 20 |
46 | LeSaint Logistics | 4.0 | 14 |
46 | SCI Group | 4.0 | 31 |
46 | Xpedient Logistics | 4.0 | 5 |
51 | Damco International | 3.9 | 18 |
52 | Odyssey Logistics & Technology | 3.8 | 54 |
53 | RGL Logistics | 3.5 | 26 |
54 | Grupo Porteo | 3.2 | 27 |
55 | Pilot Freight Services | 3.1 | 82 |
56 | Covenant Logistics Group | 3.0 | 15 |
56 | D+S Distribution | 3.0 | 21 |
56 | Evans Distribution Systems | 3.0 | 7 |
56 | Hitachi Transport System | 3.0 | 49 |
56 | Laney & Duke Logistics | 3.0 | 4 |
58 | Logistics Plus | 3.0 | 20 |
56 | Network Global Logistics | 3.0 | 13 |
63 | A. Duie Pyle | 2.7 | 11 |
63 | ACCEL Logistica | 2.7 | 22 |
63 | We Pack Logistics | 2.7 | 18 |
66 | Bonded Logistics | 2.6 | 11 |
68 | Ascent Global Logistics | 2.5 | 5 |
68 | GlobalTranz Enterprises | 2.5 | 12 |
68 | Weber Logistics | 2.5 | 10 |
70 | Regal Logistics | 2.4 | 8 |
71 | Fidelitone | 2.3 | 47 |
73 | A & R Logistics | 2.2 | 10 |
73 | Quiet 3PF | 2.2 | 6 |
74 | CRST The Transportation Solution | 2.1 | 60 |
76 | Commercial Warehouse & Cartage | 2.0 | 8 |
76 | Keller Logistics Group | 2.0 | 12 |
76 | Mallory Alexander International Logistics | 2.0 | 10 |
76 | OIA Global | 2.0 | 13 |
76 | Onest Logistics | 2.0 | 29 |
76 | Patterson Warehouses | 2.0 | 6 |
76 | Phoenix Logistics | 2.0 | 6 |
76 | TA Services | 2.0 | 11 |
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
On the Bubble
FedEx’s Strong Profit Forecast Drives Stock Surge
Conn. Project to Revamp Congested Interchange Gains Traction
The second phase of a $500 million reconfiguration of interstates 91 and 691 in Connecticut commenced on a congested freight route two hours from Boston and New York.
Texas Logistics Company Ceases Operations
Humble, Texas-based U.S. Logistics Solutions told 2,000 employees that the company was ceasing operations and they would not receive paychecks.
Aurora Innovation, Uber Freight Launch Driverless Program
Uber Freight and Aurora Innovation are launching a program aimed at providing carriers with early access to over a billion miles of driverless deliveries, the companies announced June 25.
Maine’s New Madawaska Bridge to Canada Opens
A new bridge and land port of entry between Maine and Canada has opened, the culmination of a $97.5 million project to build a larger structure to replace a 104-year-old span.
Supreme Court to Consider Approval for Utah Rail Project
WASHINGTON — The Supreme Court agreed to consider reviving a critical approval for a railroad project that would carry crude oil and boost fossil fuel production in rural eastern Utah.
June 24, 2024Dali Cargo Ship Leaves Baltimore for Virginia
The cargo ship Dali headed out of Baltimore for Virginia, three months after it lost power and crashed into one of the Key Bridge’s supporting columns and caused the bridge to collapse.
Railroads Must Report Hazmat Immediately After Derailment
OMAHA, Neb. — A new federal rule aims to ensure first responders can find out what hazardous chemicals are on a train almost immediately after a derailment so they can respond appropriately.
UPS to Sell Coyote Logistics to RXO
UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.
Congress Debates FY25 NDAA
A comprehensive defense policy measure recently approved in the House of Representatives proposes security enhancements for trucks at military bases and a review of a new moving contract.