Profits at Ryder System Inc. fell 39.8% in the fourth quarter of 2023 as weak freight conditions again sapped strength from used vehicle sales prices and rental activity, it said Feb. 14.
February 14, 2024Logistics 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
Ryder Q4 Profit Slides on Weak Used Truck Prices, Rentals
FMC: Sanctions Against Yemen Should Be Considered
Federal Maritime Commissioner Carl Bentzel says his office wants the U.S. government to investigate whether economic sanctions are warranted against Yemen.
Senators Introduce Freight Border Bill
Legislation meant to ensure border security staff remain at commercial ports of entry was recently introduced in the U.S. Senate.
XPO Looks to Lower Leverage, May Buy Back Debt Early, CFO Says
Less-than-truckload carrier XPO Inc. is working to reduce its leverage after it purchased assets from Yellow Corp. and might consider buying back some of its debt at par, its finance chief said.
California Ports Deploying Air Pollution Capture for Ships
Long Beach, Calif.-based startup Stax Engineering has deployed pollution-capturing tech at multiple ports for the first time, servicing ships at the ports of L.A., Long Beach and Oakland.
TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll
Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.
Lineage Logistics Leads US IPOs Heading for Second Quarter
Lineage Logistics is leading a crop of private companies weighing initial public offerings in the U.S. as soon as the second quarter, according to people familiar with the matter.
February 9, 2024Buttigieg, Shipping Stakeholders Discuss Red Sea Tensions
Transportation Secretary Pete Buttigieg held two private meetings with stakeholders to discuss shipping, regional navigation and supply chain issues in the Red Sea and Gulf of Aden.
Port of Mobile to Build Container Facility in North Alabama
The Alabama Port Authority and CSX Transportation announced that Decatur, Ala., will be home to a new intermodal container transfer facility to connect north Alabama to the Port of Mobile.
Congressional Democrats Push Rail Safety Bills
To mark the anniversary of a freight train derailment in Ohio, policymakers renewed calls for approving a legislative response as the industry highlights safety improvements.