The joining of trucking companies comes with challenges throughout the merger and acquisition process. The slow-moving procedure was exacerbated during the boom/bust cycle of 2022-23.
May 10, 2024Sponsored by:
2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
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Rankings
| Rank This Year | Rank Last Year | Company | Net Revenue (Millions) | Gross Revenue (Millions) | Employees |
|---|---|---|---|---|---|
| 1 | 1 | XPO Logistics | $5,238 est
|
$9,506 | - |
| 2 | 3 | UPS Supply Chain Solutions | $3,252 est
|
$7,981 | - |
| 3 | 4 | DHL Supply Chain | $2,415 est
|
$4,390 | - |
| 4 | 5 | C.H. Robinson Worldwide | $2,368 est
|
$14,869 | 15,074 |
| 5 | 6 | Expeditors International of Washington | $2,319 est
|
$6,920 | 16,944 |
| 6 | 2 | J.B. Hunt Transport Services | $2,315 est
|
$6,828 | - |
| 7 | 7 | Ryder Supply Chain Solutions | $2,297 est
|
$3,066 | - |
| 8 | 9 | FedEx Logistics | $1,545 est
|
$3,014 | - |
| 9 | 8 | Americold Logistics | $1,536 est
|
- | 11,000 |
| 10 | 14 | NFI | $1,468 est
|
$1,910 | 10,000 |
| 11 | 11 | Kuehne + Nagel Americas | $1,379 est
|
$5,541 | - |
| 12 | 12 | Penske Logistics | $1,360 est
|
$1,700 | 17,900 |
| 13 | 10 | Ceva Logistics (North America) | $1,155 est
|
$2,331 | - |
| 14 | 23 | Radial | $1,082 est
|
- | 6,000 |
| 15 | 12 | Geodis (North America) | $1,010 est
|
$1,297 | 10,000 |
| 16 | 16 | APL Logistics (North America) | $1,000 est
|
$1,632 | 7,600 |
| 17 | 18 | DB Schenker (North America) | $995 est
|
$2,870 | 7,000 |
| 18 | 16 | Schneider | $900 est
|
$2,330 | - |
| 18 | 20 | Syncreon | $900 est
|
$1,000 | - |
| 18 | 20 | Lineage Logistics | $900 est
|
- | - |
| 21 | 22 | Werner Enterprises | $855 est
|
$1,211 | 5,586 |
| 22 | 25 | Ruan | $785 est
|
$836 | 5,362 |
| 23 | 24 | Neovia Logistics | $763 est
|
- | - |
| 24 | 34 | Ingram Micro Commerce & Lifecycle Services | $750 est
|
$800 | - |
| 25 | 19 | Cardinal Logistics | $723 est
|
$792 | 4,273 |
| 26 | 26 | Kenco Group | $556 est
|
$605 | 3,100 |
| 27 | 36 | Universal Logistics Holdings | $545 est
|
$933 | - |
| 28 | 32 | DSC Logistics | $530 est
|
- | - |
| 29 | 27 | Total Quality Logistics | $521 est
|
$2,934 | 4,200 |
| 30 | 30 | Saddle Creek Logistics Services | $510 est
|
- | 3,100 |
| 31 | 29 | U.S. Xpress Enterprises | $484 est
|
$661 | 3,429 |
| 32 | 31 | DSV A/S (North America) | $465 est
|
$2,094 | - |
| 33 | 28 | Hub Group | $458 est
|
$4,035 | 4,000 |
| 34 | 33 | Panalpina Inc. | $436 est
|
$2,381 | - |
| 35 | 37 | Black Horse Carriers Inc. | $413 est
|
$413 | 3,150 |
| 36 | 35 | TransGroup Global Logistics | $405 est
|
$905 | 1,449 |
| 37 | 42 | Preferred Freezer Services | $394 est
|
$394 | 2,213 |
| 38 | 40 | BDP International | $370 est
|
$1,300 | - |
| 39 | 38 | Performance Team | $368 est
|
$368 | 1,400 |
| 40 | 39 | Echo Global Logistics | $339 est
|
$1,943 | 2,453 |
| 41 | 41 | WWEX Group | $330 est
|
$1,400 | 1,400 |
| 42 | 45 | Landstar System | $320 est
|
$1,940 | - |
| 43 | 44 | Burris Logistics | $271 est
|
$3,396 | - |
| 44 | Visible Supply Chain Management | $256 est
|
$286 | 1,200 | |
| 45 | 47 | Cowan Logistics | $254 est
|
$367 | 1,390 |
| 46 | 49 | Uber Freight/Transplace Inc. | $242 est
|
$2,181 | 2,050 |
| 47 | 48 | Fidelitone | $228 est
|
$237 | 630 |
| 48 | Averitt Express | $225 est
|
$287 | - | |
| 48 | 43 | Toll Global Forwarding | $225 est
|
$1,160 | - |
| 50 | 50 | Odyssey Logistics & Technology | $215 est
|
$650 | - |
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
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53
On the Bubble
Radiant Logistics
($190 million), Bellevue, Wash., provides air and ocean freight forwarding, customs brokerage, 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
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GXO Posts Net Loss, but Revenue Increases to $2.46B in Q1
GXO Logistics experienced a decline in earnings on an increase in revenue to $2.46 billion during the first quarter of 2024, the company reported May 7.
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WattEV’s Bakersfield Battery-Electric Charging Depot Opens
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