Echo Global Logistics reported record second-quarter net income of $7.7 million from a loss of $200,000 in the second quarter of 2017. The Chicago-based third-party logistics company reported earnings per share of 28 cents, up from a loss of minus 1 cent a share a year ago.
July 27, 2018Logistics 100 | 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 | 139.6 | 493 |
2 | GXO Logistics | 90.0 | 316 |
3 | Ryder Supply Chain Solutions | 80.0 | 330 |
4 | NFI | 60.0 | 162 |
5 | Geodis (North America) | 52.1 | 303 |
6 | CJ Logistics America | 51.1 | 71 |
7 | Kenco Group | 36.3 | 103 |
8 | Saddle Creek Logistics Services | 31.0 | 80 |
9 | FedEx Logistics | 30.7 | 110 |
10 | Penske Logistics | 27.4 | 98 |
11 | UniGroup | 25.0 | 110 |
12 | DB Schenker (North America) | 23.7 | 91 |
13 | Kuehne + Nagel Americas | 18.7 | 87 |
14 | Ceva Logistics (North America) | 18.1 | 119 |
15 | Maersk Logistics (Americas) | 18.0 | 65 |
16 | UPS Supply Chain Solutions | 17.3 | 144 |
17 | DSV A/S (North America) | 16.4 | 65 |
18 | Warehouse Services Inc. | 14.0 | 30 |
18 | WSI | 14.0 | 52 |
20 | Radial | 13.4 | 22 |
21 | C.H. Robinson Worldwide | 12.9 | 283 |
22 | Metro Supply Chain | 12.8 | 83 |
23 | Universal Logistics Holdings | 12.2 | 32 |
24 | Expeditors International of Washington | 11.7 | 133 |
25 | APL Logistics (North America) | 11.2 | 43 |
26 | Neovia Logistics | 10.2 | 49 |
27 | Cardinal Health | 10.0 | 38 |
28 | Syncreon | 9.9 | 44 |
29 | Legacy Supply Chain Services | 8.0 | 27 |
29 | Peoples Services | 8.0 | 42 |
29 | Wagner Logistics | 8.0 | 23 |
32 | Holman Logistics | 7.9 | 20 |
33 | FW Logistics | 7.8 | 20 |
34 | Hub Group | 7.2 | 23 |
34 | Verst Logistics | 7.2 | 25 |
36 | Nippon Express (North America) | 6.9 | 66 |
37 | Kane Logistics | 6.8 | 21 |
38 | Technicolor Global Logistics | 6.5 | 12 |
39 | Atlanta Bonded Warehouse | 6.4 | 15 |
39 | ODW Logistics | 6.4 | 26 |
41 | Whiplash | 6.0 | 18 |
41 | WOW Logistics | 6.0 | 19 |
43 | Sunland Logistics Solutions | 5.4 | 16 |
44 | Barrett Distribution | 5.0 | 21 |
44 | Comprehensive Logistics | 5.0 | 20 |
44 | Dimerco Express Group | 5.0 | 38 |
44 | Logistics Plus | 5.0 | 14 |
44 | United Facilities | 5.0 | 12 |
49 | TAGG Logistics | 4.5 | 23 |
49 | Taylored Services | 4.5 | 12 |
49 | The Shippers Group | 4.5 | 11 |
52 | Odyssey Logistics & Technology | 4.2 | 56 |
53 | Estes Forwarding Worldwide | 4.0 | 17 |
53 | Reo Logistics | 4.0 | 5 |
53 | SCI Group | 4.0 | 32 |
53 | Seko Logistics | 4.0 | 90 |
57 | Kintetsu World Express (North America) | 3.8 | 40 |
58 | A. Duie Pyle | 3.5 | 16 |
59 | Yusen Logistics | 3.2 | 33 |
60 | Covenant Logistics Group | 3.0 | 17 |
60 | Evans Distribution Systems | 3.0 | 6 |
60 | Kontane Logistics | 3.0 | 18 |
60 | RJW Logistics | 3.0 | 7 |
64 | Hitachi Transport System | 2.8 | 48 |
65 | Grupo Porteo | 2.7 | 23 |
66 | AIT Worldwide Logistics | 2.5 | 61 |
66 | Jillamy Packaging and Warehouse | 2.5 | 18 |
68 | Koch Logistics | 2.2 | 4 |
69 | Averitt Express | 2.1 | 45 |
69 | CRST The Transportation Solution | 2.1 | 60 |
71 | ACCEL Logistica | 2.0 | 23 |
71 | ITS Logistics | 2.0 | 5 |
71 | OIA Global | 2.0 | 13 |
71 | TA Services | 2.0 | 11 |
75 | Schneider | 1.9 | 9 |
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.
Extras
Echo Global Logistics Income, Revenue Jump
TFI International Reports Improved Second-Quarter Earnings
Canadian transportation and logistics company TFI International reported second-quarter net income of C$80.4 million, or 89 cents per share, a significant turnaround from last year when TFI reported a quarterly loss of $75 million, or 82 cents per share.
Texas City Cracks Down on Truck Route Violators
An ordinance prohibiting commercial motor vehicles from traveling in the Odessa, Texas, city limits is beginning to show its effect, as five truckers were found guilty of violating the law July 25.
Chassis Pool OK’d for Georgia, South Carolina Ports
The creation of a common chassis pool by the port authorities for Georgia and South Carolina will go forward.
Savannah Port Sets Container Record
The year has been another one for the record books at the Savannah ports.
Forward Air Reports Strong 2Q Earnings
Forward Air Corp., a mostly expedited LTL carrier, reported July 26 second-quarter net income of $24.3 million, or 83 cents per share compared with $19.7 million, or 65 cents, a 23% increase from a year ago. The company’s operating revenue increased to $330.3 million compared with $283.9 million, a 16% jump.
Knight-Swift Shares Tumble Most in Four Years Amid Driver Shortage
Knight-Swift Transportation Holdings Inc. lost almost a fifth of its market value July 26, marking the biggest drop in four years, after sales fell because of a lack of drivers.
Motor Carriers Group Challenges California Law That Defines Independent Contractors
In a federal lawsuit filed July 19, the Western States Trucking Association alleges that the California Supreme Court’s new “ABC test” requirement for deciding if a contractor should be an employee “forces virtually all independent contractors to become employees to those they choose to contract or work with.”
Landstar Profit Jumps on Record Revenue
Landstar System reported record second-quarter net income of $62.5 million, or $1.51 a share, a rise of 67% from $37.5 million, and 89 cents per share, in the same period a year ago.
UPS Surges as Jump in Foreign Sales Defies Rising Trade Tensions
UPS Inc. rose the most in almost seven years as international sales surged and the courier’s ambitious investment plans started to win over investors.