Old Dominion Freight Line Inc. profits fell 22.3% year-over-year to $292.4 million in the second quarter of 2023 from $376.1 million in the year-ago period, it said.
July 31, 2023Sponsored by:
2020 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
The third-party logistics business is undergoing a dramatic, technology-driven transformation.
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 | 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 |
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
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
51
On the Bubble
Port Logistics Group
($260 million), City of Industry, Calif., provides dedicated contract carriage, freight brokerage, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, transportation management and warehousing and distribution.
Learn more about Transport Topics' Top 50 Logistics Companies publication.
Logistics News
Business, Logistics, For-Hire
Old Dominion Freight Line Q2 Profit Falls 22.3% Year-On-Year
Business, Logistics, For-Hire
ArcBest Q2 Profit More Than Halves on Weak Demand
ArcBest posted lower earnings and revenue on weaker demand for the second quarter, the Fort Smith, Ark.-based carrier announced July 28.
July 31, 2023Business, Logistics, Private
Amazon to Double Number of Same-Day Delivery Facilities
Amazon.com Inc. will double the number of U.S. same-day delivery facilities in the “coming years,” the company announced July 31.
July 31, 2023Business, Logistics, For-Hire
Yellow Ceases Operations
Less-than-truckload company Yellow shut down operations, ending a nearly 100-year history as one of the nation’s largest carriers, and the company began posting notices at terminals.
July 30, 2023Business, Logistics, For-Hire
Yellow Puts Logistics Division Up for Sale
Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business.
July 28, 2023Government, Business, Logistics
New Iowa Truck Road Unveiled at Missouri River Barge
A road partially funded by a $1 million U.S. government grant is enabling farmers to move freight from Interstate 29 directly to Iowa’s Port of Blencoe barge terminal on the Missouri River.
July 28, 2023Government, Safety, Logistics
Senators Introduce Trucking Safety Bill
Legislation meant to promote highway safety by setting federal standards that further determine a carrier’s competence was recently introduced in the U.S. Senate.
July 27, 2023Business, Equipment, Logistics, For-Hire
Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge
Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.
July 27, 2023Business, Logistics, For-Hire
Landstar Records Q2 Earnings Drop but Beats Expectations
Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.
July 27, 2023Government, Business, Equipment, Safety, Logistics
Strategic Tactics Drive Cargo Theft Rise
The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics.
July 27, 2023Archives
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