Truckstop launched three new services aimed at helping brokers ensure they’re doing business with trusted carriers, the company announced April 9.
April 15, 2024The e-commerce, warehousing and supply chain giant debuts at the very top of the 2024 Top 100 Logistics Companies list
3PLs navigate tough business conditions and compressed margins while awaiting a freight market rebound
Find out where the Top 100 Logistics companies are located by region; click links to view details about each company
Rank This Year | Rank Last Year | Company | Net Revenue (Millions) | Gross Revenue (Millions) | Employees |
---|---|---|---|---|---|
1 | Amazon.com Inc. | - | $140,053 | - | |
2 | 1 | C.H. Robinson Worldwide | $2,399 est
|
$16,746 | 13,800 |
3 | 5 | J.B. Hunt Transport Services | $4,690 est
|
$12,510 | 35,000 |
4 | 4 | UPS Supply Chain Solutions | $6,850 est
|
$11,461 | 65,000 |
5 | 6 | GXO Logistics | $8,450 est
|
$9,778 | 87,000 |
6 | 3 | Kuehne + Nagel Americas | $2,724 est
|
$9,617 | 19,671 |
7 | 2 | Expeditors International of Washington | $3,246 est
|
$9,300 | 18,100 |
8 | 10 | Ryder Supply Chain Solutions | $5,700 est
|
$7,700 | 35,600 |
9 | 8 | Total Quality Logistics | $1,483 est
|
$6,866 | 9,000 |
10 | 7 | DSV A/S (North America) | $760 est
|
$6,000 | 10,300 |
11 | 13 | Armada Sunset Holdings | $218 est
|
$5,702 | 967 |
12 | 11 | Transportation Insight Holding Co. | $380 est
|
$5,279 | 2,000 |
13 | 9 | Uber Freight | $555 est
|
$5,245 | 3,300 |
14 | 12 | DHL Supply Chain | $4,624 est
|
$5,025 | 52,000 |
15 | 23 | Lineage Logistics | $5,000 est
|
$5,000 | 26,000 |
16 | 27 | Geodis (North America) | $2,750 est
|
$4,300 | 20,155 |
16 | 21 | Penske Logistics | $3,300 est
|
$4,300 | 21,126 |
18 | 15 | Hub Group | $1,800 est
|
$4,200 | 6,000 |
19 | 16 | WWEX Group | $867 est
|
$4,019 | 3,100 |
20 | 18 | RXO | $960 est
|
$3,927 | 8,432 |
21 | 20 | Schneider | $1,775 est
|
$3,717 | 11,600 |
22 | 22 | Echo Global Logistics | $555 est
|
$3,600 | 2,823 |
23 | 24 | NFI | $2,700 est
|
$3,500 | 16,800 |
24 | 14 | Ceva Logistics (North America) | $1,500 est
|
$3,325 | 11,000 |
25 | 17 | DB Schenker (North America) | $1,010 est
|
$3,250 | 11,201 |
26 | 19 | Landstar System | $465 est
|
$3,196 | 900 |
27 | PSA BDP | $715 est
|
$2,950 | 6,900 | |
28 | 25 | Maersk Logistics (Americas) | $960 est
|
$2,940 | 6,000 |
29 | 32 | Americold Logistics | - | $2,700 | 14,706 |
30 | 34 | Werner Enterprises | $1,583 est
|
$2,345 | 7,147 |
31 | 39 | Forward Air/Omni Logistics | $630 est
|
$2,307 | 6,400 |
32 | 25 | Mode Global | - | $2,302 | 625 |
33 | 40 | Capstone Logistics | $1,560 est
|
$1,970 | 18,500 |
34 | 30 | FedEx Logistics | $995 est
|
$1,950 | 18,000 |
35 | 29 | AIT Worldwide Logistics | $460 est
|
$1,856 | 2,707 |
36 | 31 | Arrive Logistics | $201 est
|
$1,800 | 1,700 |
37 | 37 | Knight-Swift Transportation | $895 est
|
$1,760 | 15,000 |
38 | 28 | Ascent Global Logistics | $254 est
|
$1,707 | 1,070 |
39 | 43 | TFI International | $220 est
|
$1,697 | 5,000 |
40 | 35 | ArcBest Corp. | $245 est
|
$1,680 | 1,397 |
41 | 44 | Ruan | $1,072 est
|
$1,552 | 5,000 |
42 | Flexport | $275 est
|
$1,500 | - | |
43 | 42 | Universal Logistics Holdings | $900 est
|
$1,324 | 7,800 |
44 | 57 | Kenco Group | $994 est
|
$1,284 | 7,000 |
45 | 52 | Redwood Logistics | $177 est
|
$1,276 | 820 |
46 | 50 | Radial | $820 est
|
$1,251 | 2,400 |
47 | 39 | Seko Logistics | $330 est
|
$1,220 | 1,800 |
48 | 46 | Allen Lund Co. | $165 est
|
$1,183 | 708 |
49 | 56 | ITS Logistics | $164 est
|
$1,120 | 820 |
50 | 65 | Priority-1 Inc. | - | $1,100 | 870 |
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.
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Many logistics firms saw soft demand as market contraction negatively affected businesses in 2023
Learn more about how companies are selected for Transport Topics' Top 100 largest logistics companies list
Truckstop Launches Carrier Vetting Services for Brokers
Mode Global, Transporeon Automate Spot Freight Procurement
PHOENIX — Mode Global has been collaborating with TMS platform Transporeon to automate spot and dedicated freight procurement, the companies said in a joint announcement.
Amazon Becomes the Largest US Private EV Charging Operator
Amazon has installed more than 17,000 chargers at about 120 warehouses around the U.S., making the retail giant the largest operator of private EV charging infrastructure in the country.
Source: Ship That Hit Bridge Had Power Issues While Docked
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April 15, 2024Reopening of Ex-Yellow LTL Terminals Gathers Pace
Reopening of former Yellow Corp. terminals quickened in recent days, with multiple less-than-truckload players introducing additional doors they bought at auction.
Kenan Advantage Group Owner Omers Exploring IPO
Omers Private Equity is exploring an initial public offering of Kenan Advantage Group, one of North America’s biggest tank truck transporter and logistics providers, according to sources.
Logistics Market Faces Challenges Across Segments in 2023
Across the major logistics market segments, 2023 brought a spate of challenges including compressed margins, rising labor costs and inflationary pressures, ensuring a down year for many.
A Year to Forget for Third-Party Logistics Providers
2023 was a generally downtrodden year for 3PLs, with plummeting transportation rates and shippers focused on right-sizing inventories and reducing logistics costs.
Amazon Takes No. 1 Spot on Top 100 Logistics List
A freight market recession, compressed broker margins and major acquisitions in 2023 have markedly altered the landscape of North America’s largest third-party logistics providers.
When Will Freight Market Conditions Improve?
Stubbornly weak freight market conditions have placed financial strain on 3PLs in recent years with an oversupply of truck capacity driving down rates and squeezing brokers’ margins.