Saia Inc. posted a 19.2% increase in profits in the first quarter of 2024 but undershot analyst and market expectations, even as key metrics improved.
April 30, 2024Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dedicated Contract Carriers
Rank | Company | Total Power Units |
---|---|---|
1 | J.B. Hunt Transport Services | 8,727 |
2 | Ryder Supply Chain Solutions | 6,000 |
3 | Werner Enterprises | 4,000 |
4 | Schneider | 3,930 |
5 | Penske Logistics | 3,734 |
6 | Ruan | 3,598 |
7 | NFI | 3,300 |
8 | Knight-Swift Transportation | 3,089 |
9 | Cardinal Logistics | 3,022 |
10 | U.S. Xpress Enterprises | 2,440 |
11 | Hub Group | 2,250 |
12 | C.R. England | 2,200 |
13 | Black Horse Carriers Inc. | 1,815 |
14 | UPS Supply Chain Solutions | 1,382 |
15 | DHL Supply Chain | 1,200 |
16 | Averitt Express | 1,123 |
17 | Commercial Warehousing | 1,000 |
18 | Universal Logistics Holdings | 930 |
19 | Marten Transport | 847 |
20 | Cowan Logistics | 766 |
21 | Celadon Group | 700 |
22 | AIM Integrated Logistics | 655 |
23 | Day and Ross Transportation Group | 629 |
24 | Odyssey Logistics & Technology | 600 |
25 | Performance Team | 600 |
26 | CRST The Transportation Solution | 500 |
27 | Bay and Bay Transportation | 500 |
28 | G&D Integrated | 468 |
29 | Landair | 430 |
30 | Lily Dedicated Logistics Systems | 415 |
31 | XPO Logistics | 400 |
32 | Sunteck TTS | 380 |
33 | Crowley Logistics | 335 |
34 | Leonard's Express | 330 |
35 | Warehouse Services Inc. | 314 |
36 | USA Truck | 311 |
37 | ITS Logistics | 300 |
38 | Dupré Logistics | 250 |
39 | LeSaint Logistics | 250 |
40 | Saddle Creek Logistics Services | 235 |
41 | ODW Logistics | 230 |
42 | ADS Logistics | 228 |
43 | Midwest Express Group | 221 |
44 | Dart Advantage Logistics | 216 |
45 | Legacy Supply Chain Services | 200 |
46 | East Coast Warehouse & Distribution | 190 |
47 | Kane Is Able Inc. | 165 |
48 | Evans Distribution Systems | 155 |
49 | Decker Truck Line | 140 |
50 | Atech Logistics | 135 |
51 | Verst Group Logistics | 130 |
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
Saia Q1 Profit Increases 19.2% as Revenue Rises 14.3%
GXO Completes Acquisition of UK-Based Wincanton
GXO Logistics has completed its acquisition of the U.K.-based transport and logistics services company Wincanton, the company announced April 29.
April 30, 2024Waabi Opens Texas Terminal as Hub for Self-Driving Trucks
Waabi Innovation opened a terminal in Lancaster, Texas, to serve as the center of the company’s operations in the state, which are at the heart of the self-driving truck specialist’s ambitions.
Ryder Continues Cross-Border Expansion With New Facility
Ryder System is opening a second multiclient logistics facility at a U.S.-Mexico port to take advantage of the recent nearshoring trend, the company announced April 29.
DB Schenker to Carry Out Range Energy Trailer Testing in H2
DB Schenker will carry out a pilot program testing Range Energy’s electrified dry van trailers in the second half of 2024, the startup said.
Kansas Gains $76.5 Million Window, Door Maker Logistics Hub
The Marvin Cos. plans to build a $76.5 million window and door manufacturing facility in Kansas City, Kan., that will boast 600 employees, including truck drivers, within four years.
DHL Expands Retail Presence in D.C. Area
DHL expanded its network of retail locations by introducing a store in Fairfax, Va., the company announced April 23.
Logistics Supply Chain Shows Steadiness Amid Rough Waters
During the past four years, supply chain and logistics companies have ridden the highs and lows of a market that included a pandemic and fractured economy to keep goods moving.
Cleveland-Cliffs Backs Ancora in Norfolk Southern Fight
Cleveland-Cliffs Inc., a major customer of Norfolk Southern Corp., has backed activist investor Ancora Holdings Group in its effort to overhaul the board of the railway company.
Universal Logistics Reports 12.5% Revenue Boost for Q1
Universal Logistics Holdings well surpassed expectations with both revenue and earnings increasing year-over-year during the first quarter of 2024, the company reported.