Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period.
July 26, 2024Sponsored by:
2020 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
The third-party logistics business is undergoing a dramatic, technology-driven transformation.
Rankings Warehousing
Logistics 50 | 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 | 139.0 | 493 |
| 2 | XPO Logistics | 90.0 | 400 |
| 3 | Ryder Supply Chain Solutions | 56.4 | 328 |
| 4 | NFI | 49.6 | 145 |
| 5 | Geodis (North America) | 44.0 | 142 |
| 6 | FedEx Logistics | 30.7 | 110 |
| 7 | Kenco Group | 26.0 | 90 |
| 8 | CJ Logistics America | 24.9 | 66 |
| 9 | Penske Logistics | 24.6 | 70 |
| 10 | DB Schenker (North America) | 23.7 | 91 |
| 11 | Saddle Creek Logistics Services | 21.6 | 66 |
| 12 | Kuehne + Nagel Americas | 18.7 | 87 |
| 13 | Ceva Logistics (North America) | 18.1 | 119 |
| 14 | UPS Supply Chain Solutions | 17.3 | 144 |
| 15 | Warehouse Services Inc. | 14.0 | 30 |
| 15 | WSI | 14.0 | 52 |
| 17 | APL Logistics (North America) | 12.7 | 44 |
| 18 | Expeditors International of Washington | 11.7 | 133 |
| 18 | Radial | 11.7 | 21 |
| 20 | Universal Logistics Holdings | 10.6 | 40 |
| 21 | Ingram Micro Commerce & Lifecycle Services | 10.4 | 38 |
| 22 | Neovia Logistics | 10.2 | 49 |
| 23 | Performance Team | 9.0 | 24 |
| 24 | Blue Ribbon Transport | 8.3 | 20 |
| 25 | FW Logistics | 7.8 | 16 |
| 25 | Peoples Services | 7.8 | 42 |
| 27 | DSV A/S (North America) | 7.6 | 43 |
| 28 | Legacy Supply Chain Services | 7.5 | 36 |
| 29 | Schneider | 7.2 | 35 |
| 30 | Syncreon | 7.0 | 44 |
| 31 | Hub Group | 6.6 | 16 |
| 32 | Technicolor Global Logistics | 6.5 | 12 |
| 32 | Verst Logistics | 6.5 | 23 |
| 32 | Wagner Logistics | 6.5 | 23 |
| 35 | Port Logistics Group | 6.3 | 16 |
| 36 | Crane Worldwide Logistics | 6.0 | 56 |
| 36 | Kane Is Able Inc. | 6.0 | 25 |
| 36 | WOW Logistics | 6.0 | 19 |
| 39 | Nippon Express (North America) | 5.1 | 54 |
| 40 | Reo Logistics | 5.0 | 6 |
| 40 | United Facilities | 5.0 | 9 |
| 42 | Atlanta Bonded Warehouse | 4.9 | 14 |
| 43 | ODW Logistics | 4.7 | 19 |
| 44 | The Shippers Group | 4.5 | 11 |
| 45 | Comprehensive Logistics | 4.3 | 17 |
| 46 | Acme Distribution Centers | 4.0 | 5 |
| 46 | Barrett Distribution | 4.0 | 20 |
| 46 | LeSaint Logistics | 4.0 | 14 |
| 46 | SCI Group | 4.0 | 31 |
| 46 | Xpedient Logistics | 4.0 | 5 |
| 51 | Damco International | 3.9 | 18 |
| 52 | Odyssey Logistics & Technology | 3.8 | 54 |
| 53 | RGL Logistics | 3.5 | 26 |
| 54 | Grupo Porteo | 3.2 | 27 |
| 55 | Pilot Freight Services | 3.1 | 82 |
| 56 | Covenant Logistics Group | 3.0 | 15 |
| 56 | D+S Distribution | 3.0 | 21 |
| 56 | Evans Distribution Systems | 3.0 | 7 |
| 56 | Hitachi Transport System | 3.0 | 49 |
| 56 | Laney & Duke Logistics | 3.0 | 4 |
| 58 | Logistics Plus | 3.0 | 20 |
| 56 | Network Global Logistics | 3.0 | 13 |
| 63 | A. Duie Pyle | 2.7 | 11 |
| 63 | ACCEL Logistica | 2.7 | 22 |
| 63 | We Pack Logistics | 2.7 | 18 |
| 66 | Bonded Logistics | 2.6 | 11 |
| 68 | Ascent Global Logistics | 2.5 | 5 |
| 68 | GlobalTranz Enterprises | 2.5 | 12 |
| 68 | Weber Logistics | 2.5 | 10 |
| 70 | Regal Logistics | 2.4 | 8 |
| 71 | Fidelitone | 2.3 | 47 |
| 73 | A & R Logistics | 2.2 | 10 |
| 73 | Quiet 3PF | 2.2 | 6 |
| 74 | CRST The Transportation Solution | 2.1 | 60 |
| 76 | Commercial Warehouse & Cartage | 2.0 | 8 |
| 76 | Keller Logistics Group | 2.0 | 12 |
| 76 | Mallory Alexander International Logistics | 2.0 | 10 |
| 76 | OIA Global | 2.0 | 13 |
| 76 | Onest Logistics | 2.0 | 29 |
| 76 | Patterson Warehouses | 2.0 | 6 |
| 76 | Phoenix Logistics | 2.0 | 6 |
| 76 | TA Services | 2.0 | 11 |
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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51
On the Bubble
Averitt Express
($260 million), Cookeville, Tenn., provides air and ocean freight forwarding, custom brokerage, dedicated contract carriage, freight brokerage, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, supply chain consulting, transportation management and warehousing and distribution.
Learn more about Transport Topics' Top 50 Logistics Companies publication.
Logistics News
Business, Equipment, Logistics, For-Hire, Top 100
Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gains
Government, Business, Safety, Logistics
Norfolk Southern Profits Lifted by Insurance Payments
Norfolk Southern got a boost during the second quarter from insurance payments related to last year’s disastrous derailment, but it also made progress on its own.
July 25, 2024Business, Logistics
Lineage’s Shares Climb Up to 5% After Biggest IPO Since Arm
Temperature-controlled storage and logistics giant Lineage Inc. shares climbed as much as 5.4% in its debut as a public company after raising about $4.4 billion in the year’s largest IPO.
July 25, 2024Business, Logistics
Freight Rate Rebound Timeline Remains Muddy
A timeline for a rebound in freight rates and market conditions remains muddy into the second half of 2024, according to executives and analysts.
July 25, 2024Government, Business, Safety, Logistics
Harris Sticking With ‘Build Back Better’ Agenda for Campaign
Vice President Kamala Harris has committed to continue pursuing policies the current administration initiated three years ago should she win the November presidential election.
July 25, 2024Business, Logistics, For-Hire, Top 100
Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize
Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.
July 25, 2024Business, Logistics, For-Hire
Covenant Logistics Reports Nearly 5% Revenue Rise for Q2
Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.
July 25, 2024Government, Business, Logistics, TCA
Gordie Howe International Bridge Links Detroit to Windsor
DETROIT — The U.S. and Canadian sides of the Gordie Howe International Bridge have been connected, marking the bridge as an official border crossing.
July 25, 2024Business, Logistics, Global Freight
Union Pacific Profit Grows 7%
OMAHA, Neb. — Union Pacific delivered 7% growth in its second-quarter profit even though the number of shipments it hauled remained essentially flat.
July 25, 2024Government, Business, Technology, Safety, Logistics
CBP Installs X-Ray Scanner for Containers at Texas Port
The busiest land border crossing between the U.S. and Mexico now has an advanced X-ray machine that is intended to help more efficiently move commercial truck traffic through the facility.
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