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, 2024
2023 Essential Financial and Operating Information for the 100 Largest Logistics Companies in North America
Up Front
Top 100 logistics firms keep growing despite freight market normalization in 2022
Logistics providers are adopting new tech, automating warehouse operations and optimizing fulfillment
Find out where the Top 100 Logistics companies are located by region; click links to view details about the company
Rankings
| Rank This Year | Rank Last Year | Company | Net Revenue (Millions) | Gross Revenue (Millions) | Employees |
|---|---|---|---|---|---|
| 1 | 1 | C.H. Robinson Worldwide | $3,396 est
|
$23,874 | 16,900 |
| 2 | 2 | Expeditors International of Washington | $4,494 est
|
$17,071 | 19,900 |
| 3 | 4 | Kuehne + Nagel Americas | $3,409 est
|
$16,308 | 18,828 |
| 4 | 3 | UPS Supply Chain Solutions | $6,990 est
|
$14,294 | 80,000 |
| 5 | 5 | J.B. Hunt Transport Services | $4,745 est
|
$13,766 | 34,000 |
| 6 | 8 | GXO Logistics | $7,770 est
|
$8,993 | 89,000 |
| 7 | 7 | DSV A/S (North America) | $1,130 est
|
$8,900 | 11,286 |
| 8 | 9 | Total Quality Logistics | $2,031 est
|
$8,849 | 9,000 |
| 9 | 10 | Uber Freight | - | $6,947 | 4,352 |
| 10 | 13 | Ryder Supply Chain Solutions | $4,500 est
|
$6,500 | 48,300 |
| 11 | 11 | Transportation Insight Holding Co. | $460 est
|
$6,410 | 2,639 |
| 12 | 12 | DHL Supply Chain | $5,555 est
|
$6,090 | 46,500 |
| 13 | Armada Sunset Holdings | - | $5,503 | 872 | |
| 14 | 25 | Ceva Logistics (North America) | $2,430 est
|
$5,400 | 17,000 |
| 15 | 16 | Hub Group | $890 est
|
$5,340 | 6,000 |
| 16 | 14 | WWEX Group | $990 est
|
$4,900 | 3,100 |
| 17 | 24 | DB Schenker (North America) | $1,510 est
|
$4,860 | 9,267 |
| 18 | RXO | $1,172 est
|
$4,796 | 8,590 | |
| 19 | 18 | Landstar System | $645 est
|
$4,699 | 900 |
| 20 | 19 | Schneider | $1,870 est
|
$4,433 | 11,400 |
| 21 | 21 | Penske Logistics | - | $4,400 | 20,603 |
| 22 | 20 | Echo Global Logistics | $645 est
|
$4,200 | 2,800 |
| 23 | 17 | Lineage Logistics | $4,000 est
|
$4,000 | 23,000 |
| 24 | 23 | NFI | $3,100 est
|
$3,900 | 16,800 |
| 25 | 22 | Mode Global | $519 est
|
$3,465 | 625 |
| 26 | 37 | Maersk Logistics (Americas) | $995 est
|
$3,050 | 6,600 |
| 27 | 26 | Geodis (North America) | $1,860 est
|
$2,900 | 19,800 |
| 28 | 40 | Ascent Global Logistics | $352 est
|
$2,660 | 1,100 |
| 29 | 28 | AIT Worldwide Logistics | $566 est
|
$2,566 | 2,703 |
| 30 | 30 | FedEx Logistics | $1,300 est
|
$2,550 | 21,000 |
| 31 | 39 | Arrive Logistics | $328 est
|
$2,350 | 1,700 |
| 32 | 27 | Americold Logistics | - | $2,300 | 15,479 |
| 33 | 32 | Kerry Logistics (Americas) | $600 est
|
$2,289 | - |
| 34 | 33 | Werner Enterprises | $1,604 est
|
$2,257 | 7,001 |
| 35 | 34 | ArcBest Corp. | $355 est
|
$2,140 | 1,572 |
| 35 | 15 | Burris Logistics | $280 est
|
$2,140 | 1,500 |
| 37 | 31 | Knight-Swift Transportation | $850 est
|
$2,025 | 20,000 |
| 38 | 35 | Omni Logistics | $671 est
|
$2,020 | 5,000 |
| 39 | 29 | Seko Logistics | $550 est
|
$2,018 | 3,000 |
| 40 | 36 | Capstone Logistics | $1,500 est
|
$2,000 | 19,000 |
| 41 | 55 | CRST The Transportation Solution | $1,500 est
|
$1,800 | 6,224 |
| 42 | 43 | Universal Logistics Holdings | $940 est
|
$1,785 | 8,500 |
| 43 | 38 | TFI International | $230 est
|
$1,763 | 5,200 |
| 44 | 48 | Ruan | $1,483 est
|
$1,681 | 5,500 |
| 45 | 40 | Crane Worldwide Logistics | $449 est
|
$1,600 | 2,155 |
| 46 | 47 | Allen Lund Co. | $256 est
|
$1,466 | 685 |
| 47 | 64 | Radiant Logistics | $306 est
|
$1,459 | 873 |
| 48 | 59 | Bollore Logistics (Americas) | $260 est
|
$1,409 | 1,600 |
| 49 | 50 | Odyssey Logistics & Technology | $477 est
|
$1,382 | 2,586 |
| 50 | 49 | Radial | $1,338 est
|
$1,338 | 2,598 |
About the Rankings...
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
If your company appears on the list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics
Inventory buildup and decreased transportation costs contribute to increased growth in 2022
Learn more about how companies are selected for Transport Topics' Top 100 largest logistics companies list
Logistics News
Business, Logistics
M&A Deals Require Intention and Involvement During Process
Business, Technology, Logistics
Freight Market Stabilization Bolsters M&A Optimism
As trucking mergers and acquisitions followed the freight market into a down cycle, conditions have stabilized, showing positive signs for the sector going forward.
May 10, 2024Business, Logistics
Port of Long Beach CEO Says Cargo Up Eighth Straight Month
Port of Long Beach CEO Mario Cordero said April numbers will show trade flows coming to the U.S. West Coast are continuing to strengthen.
May 9, 2024Business, Logistics
Forward Air Ends Eventful Q1 With Positive Revenue Growth
Forward Air Corp. ended an eventful first quarter with positive revenue growth but a decline in total earnings, the company reported May 8.
May 9, 2024Business, Logistics
Activist Investor Wins 3 Norfolk Southern Board Seats
Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted May 9 to elect three of the board members an activist investor nominated.
May 9, 2024Government, Business, Logistics
House to Examine Baltimore Bridge Collapse May 15
WASHINGTON — A House panel this month will review concerns associated with efforts at the Port of Baltimore, where crews will eventually rebuild the Francis Scott Key Bridge.
May 8, 2024Business, Technology, Equipment, Logistics
Nikola Q1 Loss Narrows; Cost of Truck Production Soars
Losses at Nikola in the first quarter narrowed year-over-year, and executives are more bullish than in previous quarters about the truck maker’s prospects even as production costs soar.
May 8, 2024Business, Safety, Logistics
Tornadoes Destroy Michigan FedEx Facility but Workers Safe
PAVILION TOWNSHIP, Mich. — Two reported tornadoes struck a Michigan city and the surrounding area May 7, destroying homes and commercial buildings, including a FedEx facility.
May 8, 2024Business, Logistics
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.
May 8, 2024Business, Technology, Fuel, Logistics
WattEV’s Bakersfield Battery-Electric Charging Depot Opens
WattEV opened a battery-electric charging depot in Bakersfield, Calif., on May 6, its largest yet, the company said.
May 7, 2024Archives
-
2023
-
2022
-
2021
-
2020
-
2019
-
2018
-
2017
-
2016
-
2015
-
2014
-
2013
-
2012
-
2011
-
2010
-
2009
-
2008
-
2007
-
2006
-
2005
