Universal Logistics Holdings well surpassed expectations with both revenue and earnings increasing year-over-year during the first quarter of 2024, the company reported.
April 26, 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 | 7,208 |
2 | Swift Transportation | 4,890 |
3 | Ryder Supply Chain Solutions | 4,540 |
4 | XPO Logistics | 4,210 |
5 | Werner Enterprises | 3,580 |
6 | Ruan | 3,501 |
7 | Penske Logistics | 2,782 |
8 | NFI | 2,305 |
9 | U.S. Xpress Enterprises | 1,800 |
10 | UPS Supply Chain Solutions | 1,382 |
11 | Averitt Express | 1,198 |
12 | Estenson Logistics | 1,140 |
13 | Universal Logistics Holdings | 965 |
14 | Performance Team | 910 |
15 | DHL Supply Chain | 865 |
16 | Cowan Logistics | 766 |
17 | Celadon Group | 700 |
18 | TTS | 605 |
19 | Ceva Logistics (North America) | 604 |
20 | Dupre[singlequote] Logistics | 600 |
21 | AIM Integrated Logistics | 515 |
22 | Bay and Bay Transportation | 500 |
23 | CRST The Transportation Solution | 500 |
24 | Lily Dedicated Logistics Systems | 415 |
25 | Crane Worldwide Logistics | 371 |
26 | Warehouse Services Inc. | 314 |
27 | Landair Dedicated | 280 |
28 | Fidelitone | 191 |
29 | Saddle Creek Logistics Services | 178 |
30 | Kenco Group | 167 |
31 | East Coast Warehouse & Distribution | 140 |
32 | Keller Logistics Group | 115 |
33 | Allen Lund Co. | 110 |
34 | Leonard's Express | 100 |
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
Universal Logistics Reports 12.5% Revenue Boost for Q1
Landstar Reports Revenue Decline for Q1
Landstar System Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 24.
First Ship Leaves Port of Baltimore via Deeper Channel
The first of 11 ships trapped for a month behind the wreckage of the Francis Scott Key Bridge left the Port of Baltimore April 25 using an alternate shipping channel that had just opened.
Covenant Q1 Profit Slumps 76% on Freight Rate Weakness
Covenant Logistics Group profits tumbled in the first quarter of 2024, with freight rates and volumes taking a toll on earnings as expected.
Amazon Web Services to Build Data Center in Northern Indiana
NEW CARLISLE, Ind. — Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced.
April 25, 2024Union Pacific’s First-Quarter Profit Creeps Up 1%
OMAHA, Neb. — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight.
Tonnage Numbers Hit 13th Month of Declines
Truck tonnage reached 13 consecutive months of year-over-year declines after a slight decrease in March, American Trucking Associations reported April 23.
DOT Grant Program Focuses on Commercial Ports
The U.S. Department of Transportation announced grants for ports and supply chain corridors as part of the White House’s strategy for advancing a zero-emission freight landscape.
Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO
Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.
Norfolk Southern Reports Lower Earnings After Settlement
Norfolk Southern’s first-quarter earnings report gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him.