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.
April 29, 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
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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
Cleveland-Cliffs Backs Ancora in Norfolk Southern Fight
Business, Logistics
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.
April 26, 2024Business, Logistics
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.
April 25, 2024Business, Safety, Logistics, TCA
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.
April 25, 2024Business, Logistics
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.
April 25, 2024Government, Business, Technology, Logistics, Global Freight
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, 2024Business, Logistics, Global Freight
Union 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.
April 25, 2024Business, Logistics, Breaking News
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.
April 24, 2024Government, Business, Fuel, Logistics
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.
April 24, 2024Business, Logistics, For-Hire
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.
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