TT LOGISTICS 50

A Word From the Publisher ublishing a list of the largest logistics companies in services is the continuing global expansion of commerce. has been an eye-opening experi- Vicki O’Meara, president of U.S. Supply Chain Solutions at ence for me and, I think, for most readers of System, speaking at a logistics conference in Atlanta in TRANSPORT TOPICS. Though some long-familiar June, said manufacturers are turning to logistics experts to names are on the list, such as UPS and FedEx, help justify the enormous investments they are making Pmany logistics companies were not even in existence 25 abroad, a trend that is unlikely to change despite the rising years ago, when Congress passed the industry-changing cost of fuel. Motor Carrier Act of 1980 and ushered in the highly com- Ben Gordon, a consultant who specializes in valuation of petitive and technically advanced freight transportation sys- logistics companies, said $120 billion in private equity is on tem that we have today. the sidelines waiting to buy logistics companies. They are It’s not an exaggeration to say that many of attracted to the high rate of growth and the things that have changed about freight trans- relatively small share of business captured portation — rate competition, industry con- by even the largest logistics service solidation and intermodalism — in large providers. measure are because of the influence of “High growth and a fragmented industry third-party logistics companies on the way is a great environment for mergers and goods are transported. acquisitions,” he said. Logistics companies, in a real sense, have Many of those transactions involve com- replaced corporate traffic managers, as ship- panies listed on the TT Logistics 50, creat- pers look for expertise to manage their rela- ing logistics enterprises with deep expert- tionships with motor carriers. ise and worldwide reach. To understand this metamorphosis, there’s In each list we publish — including the no better place to start than the TRANSPORT Top 100 For-Hire Carriers and Top 100 TOPICS Logistics 50. Private Carriers — the objective is to pro- The definition of logistics, very simply and vide the reader with more than names and broadly, is the procurement of transportation numbers. services for shippers. It is performed by an Howard S. Abramson For each company on the TT Logistics 50, array of companies, some asset-based and for instance, we provide pertinent informa- some nonasset-based, that fall into four general categories: tion about ownership and management as well as industry Freight brokerage firms, freight forwarders, dedicated con- expertise, names of key customers and a detailed description tract carriers and warehousing firms. of services. When we published the first TT Logistics 50 list in 2002, This year we also have compiled four new Top 25 lists, pro- industry researcher Richard Armstrong estimated the size of viding the only authoritative ranking of the largest freight for- the logistics market to be about $60.8 billion in annual gross warders, freight brokers, dedicated contract carriers and revenue. In 2005, revenue topped more than $100 billion. warehousing firms in North America. One of the main drivers of growth in spending on logistics Explore the list; I think you’ll find it as interesting as I did. CONTENTS

4 TRANSPORT TOPICS Logistics 50 Acknowledgments UPS Supply Chain Solutions put some distance between And Sources itself and its closest rival, DHL Exel Supply Chain, in the The 2006 TRANSPORT TOPICS Logistics 50 is a special project of TT latest ranking of the largest third-party logistics compa- Publishing Group that lists the largest logistics companies in North nies in North America. America. 13 Top 25 Freight Forwarders Logistics is defined as transportation services procured for ship- pers and includes dedicated contract carriage, warehousing and DHL Global Forwarding leads a group of European, distribution, freight forwarding and freight brokerage services. Asian and American companies. Companies are ranked on the basis of net revenue, which is 14 Top 25 Warehousing Firms defined as total or gross revenue minus the cost of purchased transportation. DHL Exel Supply Chain is the largest commercial ware- Data came from public sources or directly from company man- house operator by a huge margin. agement. In some cases, estimates were used to calculate net 18 Top 25 Dedicated revenue. Contract Carriers Senior Features Writer Daniel P. Bearth was the project coordi- nator, with assistance from editorial intern Reggie Sarpong. J.B. Hunt Dedicated Contract Services tops the list of Additional data assistance was provided by Richard Armstrong companies that provide exclusive use of tractors, trucks of Armstrong & Associates in Stoughton, Wis.; Ben Gordon of BG and trailers. Strategic Advisors in Boston; and the Transportation 20 Top 25 Freight Brokerage Firms Intermediaries Association in Alexandria, Va. Design is by Patrick Donlon, assistant director of art and C.H. Robinson Worldwide extended its dominance in the production. freight brokerage business in North America.

This Transport Topics 100 PDF is sponsored by National Retail Systems, Inc. Page 3 TT LOGISTICS 50 North American Freight Carriers Grow, Consolidate Companies Seek to Link Truck, Rail, Air, Ocean Transport With Warehousing, Distribution

By Daniel P. Bearth age firm Turbo Logistics. The Senior Features Writer acquisitions, said Chief Executive Officer Scott McWilliams, “allow us to offer a xpanding global trade, advances in tech- broader range of services and to nology and continuing pressure to reduce attract and keep great clients.” E transportation costs against rising fuel Jacobson Companies, a ware- prices and tight capacity are driving growth and housing and trucking company consolidation among freight carriers in North based in Des Moines, Iowa, America. added contract packaging These forces are literally remaking the freight expertise with the purchase of world, as companies try to link truck, rail, air and Wilpak Inc. in May and expand- ocean transportation with warehousing and dis- ed its food industry distribution tribution activities to create a more efficient and capabilities with the acquisition integrated supply chain for shippers, industry of Arthur Wells Group of St. executives and logistics experts have said. Louis in July. These acquisitions Parcel carriers, in particular, have used their were the third and fourth since size and technical capabilities to bolster their Jacobson itself was acquired by position as global transportation service the investment firm Norwest TNT Logistics providers, and now are adding less-than-truck- Equity Partners in 2004. load freight hauling, dedicated contract carriage, “Part of our core investment warehousing and freight-forwarding activities to strategy,” said Erik Torgerson, extend their dominance in freight transportation an NEP partner and member of both here and abroad. the Jacobson board of directors, UPS and FedEx Corp., which rank No. 1 and “was to increase [Jacobson’s] No. 2 on the TRANSPORT TOPICS 100 list of the customer base, expand its geo- largest for-hire carriers in the and graphic footprint and diversify Canada, earn a similar distinction on the first- its industry focus.” ever listing of the largest truck, rail, air and ocean Richard Armstrong, publisher carriers in North America. (See complete list on of Who’s Who in Logistics: p. 11.) Armstrong’s Guide to Global “The goal posts have moved,” said Jon Supply Chain Management, Routledge, vice president of international sales said the availability of private for DHL Americas in Plantation, Fla. investment capital has triggered “Companies are looking to buy global trans- more merger and acquisition portation services.” activity among third-party logis- DHL, which seeks to challenge UPS and tics companies and has raised FedEx in the parcel distribution business in questions about whether bigger North America, enhanced its capabilities with is better. Norfolk Southern the purchase of logistics provider Exel PLC in “In the dog-eat-dog world of December. The combined entity, called DHL third-party logistics, successful Exel Supply Chain, ranks No. 8 on the list of the 3PLs have to produce both high largest freight transportation companies in the profits and high growth,” United States and Canada and No. 2 on the Armstrong said. “Too often, TRANSPORT TOPICS Logistics 50 list. these goals are at odds. Fast Trucking companies dominate the list of largest growth, especially through freight carriers, but also listed are seven rail- acquisitions, can hurt profits. roads, five ocean freight carriers, four air freight Focusing on profits can mean carriers and two inland barge operators. avoiding the risk of growing As top companies, such as UPS and DHL, new markets and services.” position themselves as one-stop shops for trans- At a recent conference in portation services, smaller firms are moving Atlanta organized by London- quickly to acquire a broader array of freight serv- based Eyefortransport.com, ices, or to specialize in niche markets. logistics executives and shipper UTi Worldwide, for exam- representatives made it clear ple, undertook a program called Next Leap to mergers among logistics com- provide a suite of supply-chain services through panies can disrupt customer the acquisition of warehouse operator Standard relationships and force unwant- Bax Global Corp., trucking and freight brokerage firm ed changes in personnel and Market Transport Services and technology firm procedures. Alberto-Culver, said outsourcing logistics can be Concentric Inc. “I’m not a big fan of consolidation because it of value if it helps make operations more effi- Likewise, warehouse specialist Ozburn-Hessey shakes up everything,” said Gene Klein, a supply cient and the parties work cooperatively to com- Logistics agreed to purchase freight forwarder chain operations manager for food-service bat cost increases. and customs broker Barthco International, soft- provider Sysco Corp. “What we’re looking for from a 3PL is to get ware provider Freightek Inc. and freight broker- Chris Berger, senior director of logistics for ahead of issues, like radio frequency identifica-

This Transport Topics 100 PDF is sponsored by National Retail Systems, Inc. Page 4 TT LOGISTICS 50 tion technology,” Berger said. ers coming off mega-containerships in the “It takes a significant degree of faith,” O’Meara Bringing on a 3PL “just to leverage one against Hampton Roads region, Norfolk Southern Corp. said, “but when you [collaborate], the cost sav- another on price is contentious and not a good is spending $251 million to upgrade a rail line to ings can be enormous.” thing,” he said. accommodate the movement of double-stacked The growth of imports and exports has raised For all freight carriers operating in North containers on flatcars from Virginia to the the profile of international air and ocean freight America, there is a new reality: Outsourcing of Midwest. The project involves raising the height forwarders and other nonasset-based logistics manufacturing to China and other low-cost of 26 bridges and tunnels and new intermodal firms that can combine shipments from many countries and, to a lesser extent, rising sales of terminals in Prichard, W.Va., and Columbus, sources to get better use out of available freight- U.S. and Canadian products overseas, have Ohio. hauling capacity. increased the cost and complexity of transporta- Meanwhile, companies such as Bridge “A lot of shippers no longer determine how tion. It puts enormous pressure on highways, Terminal Transport, a Maersk subsidiary based freight gets somewhere; they turn it over to a railroads and waterway infrastructure to handle in Richmond, Va., are ramping up to haul con- third party,” said Ray Mundy, director of the the increased flow of bulk commodities and con- tainers from the ports to other nearby rail termi- Center for Transportation Studies at the sumer goods. nals and distribution centers. University of Missouri in St. Louis. “A forwarder “The U.S. economy has been transformed by John Reeve, president of Reeve & Associates in is able to use information technology to organize unprecedented growth in containerized Yarmouthport, Mass., and an expert on marine smaller parcels to do it most efficiently.” imports,” said John Bowe, president of the logistics, said ocean freight carriers, such as Mundy said he sees a lot of smaller carriers and Americas region for ocean carrier APL and APL Maersk, are using the larger containerships to solo truck operators “going by the wayside,” Logistics. Bowe spoke at a symposium on inno- drive down costs. The largest expense for ocean unless they are affiliated with larger companies, vations in transportation at the Massachusetts freight carriers is loading and unloading ships, he such as truckload carrier and Institute of Technology in May. said. air freight specialist Forward Air Corp., which Bowe said U.S. imports from Asia will grow by One-third of the $175 billion spent on ocean can provide technology and services that help about 30% in the next three years, but ports freight shipping worldwide is spent to get goods truck operators to reduce costs or secure freight. aren’t improving productivity fast enough to to and from North America, he said. Package carriers, because of their large volume keep pace and railroads aren’t adding enough Vicki O’Meara, president of U.S. Supply Chain and daily contact with customers, have proven track, equipment or terminal capacity to handle Solutions at Ryder System, said manufacturers adept at using technology to marshal freight the load. “If we don’t fix this,” he said, “supply are making a critical assumption that the through existing air and ground distribution net- chains will bog down, consumer prices will go up reduced cost of labor and materials overseas is works, creating high-density freight routes that and the economy will suffer.” greater than the increase in supply-chain costs are very efficient, said Steve Simonson, a princi- The influx of containers promises to alter and they are turning to logistics experts to “prove pal at the supply-chain consulting firm Tompkins freight patterns for ocean, rail and truck lines. their assumptions are correct.” Associates. APM Terminals North America, a unit of That proof becomes more difficult in an envi- “They are winning business every day,” he said. Danish ocean freight carrier A.P. Moller-Maersk ronment where infrastructure is “woefully inade- In some ways, though, technology is outstrip- Group, for example, is building a huge new con- quate,” crude oil is trading at more than $75 a ping the ability of shippers and carriers to use it. tainer terminal on the Elizabeth River in barrel and drivers seem to be permanently in Simonson said he figures only 5% of available Portsmouth, Va. The privately owned terminal, short supply. technology is used to squeeze more efficiency expected to open in 2007 at a cost of $500 mil- “Transportation is the main driver of costs,” from transportation. Radio frequency identifica- lion, will accommodate a new class of super-sized O’Meara said. tion is a case in point, he said. container ships with capacity to carry between One of the keys to mitigating rising transporta- “RFID has been languishing for 10 years. Its 8,000 and 10,000 20-foot-equivalent units, or tion costs is to convince shippers to share key use isn’t widespread, although you see some use TEUs. Most existing containerships carry data on material flows and inventories that sup- of it in the pharmaceutical industry,” he said, between 4,000 and 6,000 TEUs. port manufacturing and sales. A recent survey of “and Wal-Mart is talking about it.” Port officials estimate that an 8,000-TEU shippers by Ryder, however, found that only Collaboration can work, Simonson said, but capacity vessel would generate about 3,500 truck about 10% of manufacturers are comfortable only if companies are willing to share enough trips a day. sharing critical production data with 3PL logis- information to allow freight carriers and logistics With the prospect of thousands more contain- tics partners. service providers to consolidate shipments and share truck equipment and warehousing space. Neely Mallory III, president of Mallory ransportation accounts for about two-thirds of total logistics costs, and trucking accounts for the biggest share Alexander International Logistics, Memphis, of spending on transportation, according to data compiled by Rosalyn Wilson for the Council of Supply Chain Tenn., said he has integrated what used to be T Management Professionals. separate warehousing and freight-forwarding businesses into a single operation over the past Here is how spending broke down in 2005: three or four years, making it easier to accom- Inventory carrying costs (interest, taxes, obsolescence, depreciation, insurance and warehousing) ...... $393 billion modate demands from multiple shippers. Mallory Alexander specializes in handling export Truck (intercity and local hauling) ...... $583 billion cargoes for U.S. and Canadian shippers and is Rail ...... $48 billion ranked No. 38 on the TT Logistics 50. Mallory said he also plans to increase the size of Water (29 international, five domestic) ...... $34 billion his 600-truck fleet to handle more of the ship- Oil pipelines ...... $9 billion ments coming into ports from ocean freight car- riers, instead of letting other carriers pick up the Air ...... $40 billion business. Forwarders (15 international, 25 domestic) ...... $22 billion “I would like to see a 700- to 800-truck fleet in the next 24 months,” Mallory said. Shipper-related costs ...... $8 billion “We see plenty of room for us,” Mallory said in Logistics administration ...... $46 billion sizing up his ability to compete with integrated companies, such as UPS and DHL. “The big Total ...... $1,183 billion hurdle is to keep up with technology. We invest a

Source: Council of Supply Chain Management Professionals, Annual State of Logistics Report, June 2006 lot in information systems, but it seems we’re always trying to catch up.”

This Transport Topics 100 PDF is sponsored by National Retail Systems, Inc. Page 5 Top 50 Freight Transportation Firms Source: Company reports Rank Company 2005 Revenue (in millions) Primary Freight Services

1 UPS Inc. $42,581 Package and LTL trucking, air freight, intermodal, warehousing 2 FedEx Corp. 32,294 Package and LTL trucking, air freight 3 Union Pacific Corp. 13,578 Rail 4 Burlington Northern Santa Fe Railway 12,987 Rail 5 YRC Worldwide 9,670 LTL trucking 6 CSX Corp. 8,618 Rail, intermodal 7 Norfolk Southern 8,527 Rail 8 DHL Americas/Exel 8,439 Package and dedicated contract carriage, warehousing 9 A.P. Moeller/Maersk Group 8,230 Ocean freight 10 U.S. Postal Service 7,707 Package 11 Canadian National Railway 5,983 Rail 12 Ryder System 5,741 Truck leasing, dedicated contract carriage 13 American President Lines/APL Logistics 4,210 Ocean freight, warehousing 14 Con-way Inc. 4,170 LTL trucking 15 Penske Truck Leasing Co. 4,000 Truck leasing, dedicated contract carriage 16 Canadian Pacific Railway 3,629 Rail 17 Inc. 3,500 Truckload, intermodal 18 3,197 Truckload, intermodal 19 J.B. Hunt Transport Services 3,128 Truckload, intermodal, dedicated contract carriage 20 Sirva Inc. 2,844 Household goods 21 Landstar System 2,518 Truckload, freight brokerage 22 UniGroup Inc. 2,209 Household goods 23 NYK Group 1,979 Ocean freight, warehousing 24 1,971 Truckload 25 Arkansas Best Corp. 1,860 LTL trucking 26 Atlas Air Worldwide Holdings 1,618 Air freight 27 Matson Navigation Co. 1,607 Ocean freight, intermodal 28 BAX Global/Schenker Logistics 1,594 Freight forwarding, LTL trucking 29 Hub Group 1,531 Intermodal 30 ABX Air 1,464 Air freight 31 1,388 LTL trucking 32 City Southern 1,352 Rail 33 Corp. 1,336 Inland barge and ocean carriage 34 Watkins Associated Industries 1,298 LTL and truckload 35 Panalpina Group 1,230 Freight forwarding 36 U.S. Xpress Enterprises 1,164 Truckload, dedicated contract carriage, intermodal 37 TransForce Income Fund 1,141 LTL, truckload, package, intermodal, warehousing 38 SCS Transportation 1,098 LTL and truckload 39 Horizon Lines 1,096 Ocean freight 40 Old Dominion Freight Line 1,061 LTL trucking 41 Ingram Barge Co. 1,000 Inland barge 42 949 Household goods 43 Northwest Airlines Cargo 947 Air freight 44 Crete Carrier Corp. 926 Truckload 45 Allied Holdings 899 Vehicle hauling 46 C.H. Robinson Worldwide 880 Freight brokerage 47 844 LTL and truckload, warehousing 48 GreatWide Logistics Services 811 Dedicated contract carriage, truckload, warehousing 49 TNT Logistics North America 806 Dedicated contract carriage, warehousing 50 Evergreen Holdings 758 Air freight

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1 UPS Supply Chain Solutions 27 U.S. Xpress Enterprises 2 DHL Exel Supply Chain 28 Cardinal Logistics Management 3 Schneider Logistics 29 NFI Interactive Logistics 4 Ryder System 30 Jacobson Cos. 5 Caterpillar Logistics Services 31 Logistics Insight Corp. 6 APL Logistics 32 New Breed 7 Penske Logistics 33 Income Fund 8 BAX Global/Schenker Logistics 34 Kenco Logistics Services 9 C.H. Robinson Worldwide 10 J.B. Hunt Dedicated Contract Services 35 DSC Logistics 11 GreatWide Logistics Services 36 Transforce Income Fund 12 TNT Logistics North America 37 FedEx Trade Networks 13 Werner Enterprises 38 Mallory Alexander International Logistics 14 AmeriCold Logistics 39 HUB Group Inc./Unyson Logistics 15 Maersk Logistics USA 40 Landstar Global Logistics 16 Kuehne + Nagel Contract Logistics 41 Saddle Creek Corp. 17 Eagle Global Logistics 42 NYK Logistics Americas 18 of Washington 43 Pacer Global Logistics 19 Ruan Transportation Management Systems 44 Kane is Able Inc. 20 Swift Transportation Co. 45 Averitt Express 21 Ozburn-Hessey Logistics 22 Meridian IQ 46 Stonepath Group 23 Genco 47 Arnold Logistics 24 UTi Worldwide 48 NAL Worldwide 25 Menlo Worldwide 49 Transervice Logistics 26 Total Logistic Control 50 Transplace Inc.

has ceased operating. Richard Armstrong, publisher of Who’s UPS Tops List Again, While Rivals Who in Logistics: Armstrong’s Guide to Global Supply Chain Management, estimat- Pursue Mergers, Acquisitions ed that third-party logistics gross revenue broke $100 billion for the first time in 2005 — reaching $100.7 billion, a jump of 12.6% GreatWide Logistics Services, ranked at By Daniel P. Bearth from $89.4 billion in 2004. Net revenue No. 11, didn’t even exist a year ago. The Senior Features Writer (gross revenue minus the cost of purchased investment firm Fenway Partners created transportation) topped $47 billion in 2005, GreatWide Logistics Services to provide a up from $42.4 billion in 2004. PS Supply Chain Solutions put some broad range of transportation and logistics By comparison, Armstrong said, the total distance between itself and its clos- services. The company’s logistics offerings value of goods and services, as measured by est rival, DHL Exel Supply Chain, in include five dedicated contract carriers, a U the gross domestic product, grew 6.6% in the 2006 edition of TRANSPORT TOPICS’ list warehousing and distribution company 2005 and 6.9% in 2004. of the largest logistics companies in North (Total Distribution) and a freight brokerage Armstrong divides logistics into four broad America. firm (Cargo-Master Inc.). categories: Domestic transportation man- The UPS Inc. logistics subsidiary added Several other companies are in various agement, international transportation man- more than $2 billion in net revenue in 2005, stages of consolidation. BAX Global and agement, dedicated contract carriage and solidifying its position at the top of the TT Schenker Logistics are now owned by value-added warehousing and distribution. Logistics 50 list for the second consecutive Deutsche Bahn AG, which operates passen- Nonasset-based domestic transportation year. ger and freight railroads in Germany and, management, consisting primarily of freight Exel Americas, which ranked No. 1 in like Deutsche Post World Net, is owned in brokerage, registered the highest growth 2002 and 2004, is now part of the DHL part by the German government. rate among logistics services in 2005, with family of companies after its parent, Exel Livingston International, a Canadian cus- net revenue increasing by 18.3% to $4.8 bil- PLC, was acquired by DHL’s corporate par- toms broker, debuts on the TT Logistics 50 lion, he said. ent, Germany’s Deutsche Post World Net, at No. 33 by virtue of its acquisition in International transportation management, in December 2005. As a result, contract January of PBB Global Logistics, Fort Erie, which includes air and ocean freight for- logistics revenue for DHL Solutions , which ranked No. 43 in 2005. warding, increased net revenue by 13.6% to (ranked No. 22 in 2005) and Exel Americas Two other companies making their first $14 billion, reflecting growth in global eco- (No. 2) were merged into DHL Exel Supply appearance on the list are Mallory nomic activity and longer supply chains, he Chain, and air and ocean freight forwarding Alexander International Logistics (No. 39) said. revenues were combined into a new entity and Transplace Inc. (No. 50). Asset-based domestic transportation man- called DHL Global Forwarding. Two companies dropped off the TT agement, or dedicated contract carriage, continue to be a Logistics 50 this year: IM-Logistics, a unit increased by 10.2% to $9.9 billion. major factor in the growth of many logistics of Ingram Micro, was left off because its Contract warehousing and distribution companies. size could not be reliably estimated; APX services increased by 9.5% to $18.6 billion, In one notable change in the list, Logistics filed for bankruptcy in March and Armstrong reported.

This Transport Topics 100 PDF is sponsored by National Retail Systems, Inc. Page 7 TT LOGISTICS 50

N. AMERICAN REVENUE (in millions) RANK RANK NET 2006 2005 COMPANY GROSS EMPLOYEES INDUSTRY EXPERTISE/KEY CUSTOMERS DESCRIPTION OF SERVICES

1 UPS Supply Chain Solutions $4,737 N/A Computers and electronics, telecommunications, automotive, Air and ocean freight forwarding, customs brokerage, transporta- 1 Alpharetta, Ga. $7,700 retail, consumer goods, health care tion management, warehousing and distribution, supply chain NYSE: UPS (UPS Inc.) consulting, dedicated contract Bob Stoffel, Senior Vice President, Supply Customers include: Toshiba, Anchor Blue Retail Group, OTN carriage, intermodal, freight brokerage, service parts delivery and Chain Group Specialty repair services, order fulfillment, returns management Rocky Romanella, President (Americas) Pharmaceutical Services, Shoes.com, Cisco, Philips Medical Systems, Hitachi GST, Welch Allyn, Bentley Motors USA, Extreme www.ups-scs.com Networks, Honeywell, DaimlerChrysler, Mizuno America, Garden Ridge, Sony Ericsson, Illuminations, , Royal Canin Veterinary

2 2 DHL Exel Supply Chain $3,268(e) N/A Computers and electronics, automotive, life sciences, retail, Air and ocean freight forwarding, customs brokerage, transporta- Plantation, Fla. $5,673(e) consumer goods, pharmaceutical, apparel, entertainment tion management, warehousing and distribution, supply chain (Deutsche Post World Net, Bonn, consulting, order fulfillment, service parts logistics, returned Germany) Customers include: IBM, Dell, Kodak, Fry’s Electronics, Time goods management, home delivery John Mullen, CEO Warner, Procter & Gamble, Technicolor, Hewlett-Packard, Siemens, Xerox, Sun Microsystems, Storage Tek, Unisys, www.-usa.com Brembo Brakes

3 5 Schneider Logistics $1,623(e) N/A Consumer goods, retail, automotive, heavy equipment, computers Transportation management, supply chain consulting, dedicat- Green Bay, Wis. $3,852(e) and electronics, food and beverage, chemicals, health care ed contract carriage, event management, air freight forwarding, (Schneider National Inc.) intermodal, freight Tom Escott, President Customers include: CHN Corp., Castrol, Dow Chemical, Ford consolidation and port services Motor, General Motors Service Parts, John Deere & Co., www.schneiderlogistics.com Kimberly-Clark, Kraft, Miller Brewing, PolyOne, , Thomson Multimedia, Wal-Mart, Shell Oil

3 Ryder System $1,543 27,800 Automotive, aerospace, industrial equipment, telecommunica- Transportation and distribution management, supply chain 4 Miami $2,181 tions, computers and electronics, food and beverage, pharma- consulting, dedicated contract carriage, air and ocean freight NYSE: R ceuticals, building materials, utilities, consumer goods, retail, forwarding, freight brokerage, freight payment and auditing, Gregory Swienton, Chairman and CEO newspaper distribution returns management, warehousing and assembly, order fulfill- Vicki O’Meara, President U.S. Supply ment, service parts logistics, customs brokerage, insurance, Chain Solutions Customers include: CVS Pharmacy, General Motors, intermodal, home delivery DaimlerChrysler, Haverty’s Furniture, Hewlett-Packard, Philips www.ryder.com Consumer Electronics, Toyota, Whirlpool, Xerox

4 Caterpillar Logistics Services $1,400(e) N/A Automotive, manufacturing and industrial equipment, aerospace Warehousing and distribution, transportation management, 5 Morton, Ill. $2,100(e) and defense, mining, computers and electronics, consumer manufacturing subassembly, returned goods management, NYSE: CAT (Caterpillar Inc.) goods supply chain consulting Mary Bell, Chairwoman Steve Larson, President, Americas Customers include: Ford Motor Co., Bombardier Aerospace, Hyundai, Saab USA, Irwin Industrial Tool, Sprint, U.S. Cellular, www.catlogistics.com Nobel Biocare, Kodak, Delphi, U.S. Navy, CNH Corp.

This Transport Topics 100 PDF is sponsored by National Retail Systems, Inc. Page 8 TT LOGISTICS 50

N. AMERICAN REVENUE (in millions) RANK RANK NET 2006 2005 COMPANY GROSS EMPLOYEES INDUSTRY EXPERTISE/KEY CUSTOMERS DESCRIPTION OF SERVICES

7 APL Logistics $1,200(e) N/A Automotive, retail, footwear and apparel, consumer packaged Ocean and air freight forwarding, customs brokerage, ware- 6 Oakland, Calif. $1,300 goods, computers and electronics, industrial equipment, housing and distribution, transportation and inventory manage- (NOL Group, Singapore) chemical, government ment, dedicated contract carriage, supply chain consulting Brian Lutt, President Customers include: General Motors, Dow Corning, Colgate- www.apllogistics.com Palmolive, Home Shopping Network, Nike, Ford Motor, The Gap, 3M, Procter & Gamble, Thomson Inc. 7 6 Penske Logistics $1,000 N/A Automotive, chemical, health care and pharmaceuticals, manu- Transportation management, warehousing and distribution, Reading, Pa. $3,000 facturing, aerospace, consumer goods, retail supply chain consulting, dedicated contract carriage, freight (Penske Truck Leasing Co.) forwarding Vince Hartnett, President Customers include: Eaton, Ford Motor, General Motors, GE Aviation, Merck, Mission Foods, Samsung, Pepsi-Cola, Archer www.penskelogistics.com Daniels Midland, Whirlpool

13 BAX Global/Schenker Logistics $938(e) 13,800 Computers and electronics, automotive, aerospace, airlines, Air and ocean freight forwarding, customs brokerage, transporta- 8 (Deutsche Bahn AG, Berlin, Germany) $2,900 health care, retail, telecommunications, printing and publishing, tion management, warehousing and distribution, dedicated con- Irvine, Calif. government, chemical, consumer goods, furniture, cosmetics tract carriage, supply chain consulting Joseph Carnes, President and personal care products Dennis Eittreim, President (Americas) Customers include: Microsoft, Raytheon, Siemens, Subaru, Liz www.baxglobal.com Claiborne, Isle of Arran Distillery, Scania, Samsung

11 C.H. Robinson Worldwide $880 5,776 Food and beverage, retail, building materials, paper, manufac- Freight brokerage, transportation management, air and ocean 9 Eden Prairie, Minn. $5,689 turing, chemicals and metals, entertainment, printing and pub- freight forwarding, warehousing, produce distribution, information Nasdaq: CHRW lishing technology D.R. “Sid” Verdoorn, Chairman John Wiehoff, CEO Customers include: Wal-Mart, Best Buy, Cargill, PepsiCo, Anheuser-Busch, Applica Inc., James Hardie Building Products, www.chrobinson.com Verizon, Imperial Sugar, Blue Ridge Paper Products, PetSmart, Atrium Windows & Doors

9 J.B. Hunt Dedicated Contract Services $844 N/A General merchandise and specialty retail, building materials, Dedicated contract carriage 10 Lowell, Ark. N/A food and beverage, forest and paper products, rubber and plas- Nasdaq: JBHT (J.B. Hunt Transport tic products, automotive, pharmaceuticals Services) John Roberts III, President Customers include: Circuit City, Family Dollar, Gambro Renal Products, , PPG Industries, Standard www.jbhunt.com Furniture, Home Depot, Weyerhaeuser 11 Not Ranked GreatWide Logistics Services1 $811 1,100 Retail, food and beverages, grocery, automotive, chemical Dedicated contract carriage, warehousing and distribution, freight Irving, Texas N/A brokerage (Fenway Partners) Customers include: Wal-Mart, Target, PepsiCo, Nordstrom, John Anderson, Chairman Sysco Corp., Dow, Ford Motor, General Motors, IBM, Coca-Cola, Raymond Greer, President Kroger, General Tire, Walgreens, Pier 1 Imports

www.greatwide.com

This Transport Topics 100 PDF is sponsored by National Retail Systems, Inc. Page 9 TT LOGISTICS 50

N. AMERICAN REVENUE (in millions) RANK RANK NET 2006 2005 COMPANY GROSS EMPLOYEES INDUSTRY EXPERTISE/KEY CUSTOMERS DESCRIPTION OF SERVICES

12 8 TNT Logistics North America $806 6,738 Automotive, industrial, aerospace, consumer goods and retail, Manufacturing support and subassembly, transportation Jacksonville, Fla. N/A tires, utilities, railroad, electronics management, supply chain consulting, dedicated contract NYSE: TP (TNT NV, The Netherlands) carriage, warehousing and distribution, returns management, David Kulik, CEO Customers include: BMW, CSX Corp., DaimlerChrysler, Ford home delivery Jeff Hurley, Chief Operating Officer Motor, General Motors, Hewlett-Packard, Honda, John Deere, Michelin, Nacco Materials Handling Group, Rolls-Royce, Sears, www.tntlogistics.us United Stationers 13 12 Werner Enterprises $779(e) N/A Retail, consumer goods, apparel, beverages, energy, paper Dedicated contract carriage, freight brokerage, transportation Omaha, Neb. $955(e) products, electronics, building materials, automotive management, intermodal, customs brokerage, supply chain Nasdaq: WERN consulting Greg Werner, President Customers include: Dollar General, Sears, Target, Procter & Derek Leathers, Vice President Gamble, Wal-Mart Value-Added Services

www.werner.com 14 16 AmeriCold Logistics $711(e) 6,500 Food and groceries, consumer goods Refrigerated warehousing and distribution, transportation Atlanta $847(e) management, facility engineering and design (Vornado Realty Trust, Crescent Real Customers include: ConAgra, General Mills, Gold Kist, Gorton’s, Estate Equities, Yucaipa Companies) Heinz, J.R. Simplot, Jack in The Box, Johnson & Johnson, Kraft Tom Schnug, CEO Foods, Lamb-Weston, McCain Foods, Nestlé, Norpac Foods, Pillsbury, Rich Products, Sara Lee www.americold.net 15 15 Maersk Logistics USA $591(e) N/A Retail, consumer goods, footwear, apparel, sporting goods, Ocean and air freight forwarding, transportation management, Madison, N.J. $805(e) electronics, food and beverage, health care warehousing and distribution, customs brokerage, supply chain (A.P. Moller-Maersk Group, Copenhagen) consulting Michael White, President Customers include: Wal-Mart, Target, Hudson’s Bay Co., Macy’s, Footstar, Home Depot, IBM, IKEA, Liz Claiborne, Adidas, Nike, Reebok, Starbucks, Procter & Gamble, Heineken, Williams www.maersk-logistics.com Sonoma, The Gap, Sears, Toys “R” Us

17 Kuehne + Nagel Contract Logistics $589 1,100 Health care, pharmaceuticals, electronics, retail, consumer Warehousing and distribution, returned goods management, 16 Naugatuck, Conn. $2,660 goods, industrial equipment supply chain consulting, air and ocean freight forwarding (Kuehne + Nagel International AG, Switzerland) Customers include: Nortel Networks, Sun Microsystems, Rolf Altorfer, President Roche, Allergan, Wal-Mart

http://logistics.kuehne-nagel.com

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N. AMERICAN REVENUE (in millions) RANK RANK NET 2006 2005 COMPANY GROSS EMPLOYEES INDUSTRY EXPERTISE/KEY CUSTOMERS DESCRIPTION OF SERVICES

19 Eagle Global Logistics $575 N/A Automotive, aerospace, trade shows, telecommunications, Air and ocean freight forwarding, transportation management, 17 Houston $1,402 computers and electronics, pharmaceuticals, printed materials, warehousing and distribution, customs brokerage, expedited Nasdaq: EAGL (EGL Inc.) oil and gas, apparel, entertainment equipment transportation, project management James Crane, Chairman and CEO Customers include: Amdahl, Neiman Marcus, Visteon www.eaglegl.com Automotive Services, Surface Deployment and Distribution Command

24 Expeditors International of Washington $483 N/A Automotive, electronics, retail, chemicals, health care Air and ocean freight forwarding, customs brokerage, 18 Seattle $955 transportation management, warehousing and distribution, Nasdaq: EXPD Customers include: Ace Hardware, Costco, Ford Motor, General supply chain consulting Peter Rose, Chairman and CEO Motors, Motorola, Trane Glenn Alger, President

www.expeditors.com

25 Ruan Transportation Management Systems $483 4,031 Retail, manufacturing, food and groceries, automotive, paper Dedicated contract carriage, supply chain consulting, freight 19 Des Moines, Iowa $663 and related products, furniture, metals, dairy, chemical brokerage, warehousing and distribution Michael Kandris, President Customers include: Target, Johnson Controls, Polaris, www.ruan.com ConAgra, California Dairies

27 Swift Transportation Co. $480(e) N/A Food and groceries, retail, health care, paper, metals, transportation Dedicated contract carriage, intermodal 20 Phoenix N/A Nasdaq: SWFT Customers include: Quaker Oats, Wal-Mart, Target, Dollar Tree, Robert Cunningham, CEO Lowe’s, FedEx Corp., Ryder System

www.swifttrans.com

31 Ozburn-Hessey Logistics2 $450(e) 2,400 Apparel, automotive, beverages, candy and confections, comput- Warehousing and distribution, transportation management, 21 Brentwood, Tenn. N/A ers and electronics, food and groceries, health and beauty prod- order fulfillment, air and ocean freight forwarding, freight (Welsh, Carson, Anderson & Stowe) ucts, hospital and medical supplies, industrial parts, office sup- brokerage, service parts management, returned goods Scott McWilliams, CEO plies, packaging and paper, plastics, rubber, pharmaceutical, con- management, customs brokerage, information technology sumer packaged goods www.ohlogistics.com Customers include: DuPont, Ampad, Remington Arms, Overstock.com, Red Bull, Phillips-Van Heusen, Chef Solutions, Sysco Corp., Starbucks, Novartis

18 Meridian IQ $448 2,600 Retail, publishing, manufacturing, chemical, oil and gas, energy, Warehousing and distribution, transportation management, 22 Overland Park, Kan. $734 automotive supply chain consulting and network design, facility engineer- Nasdaq: YRCW (YRC Worldwide) ing, assembly and packaging, dedicated contract carriage, Jim Ritchie, President Customers include: Robert Bosch, Scholastic, The Gap, Target, freight brokerage, air and ocean freight forwarding, customs JCPenney, Samsung, The , Dollar Tree, Dreyers brokerage, technology services www.meridianiq.com

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N. AMERICAN REVENUE (in millions) RANK RANK NET 2006 2005 COMPANY GROSS EMPLOYEES INDUSTRY EXPERTISE/KEY CUSTOMERS DESCRIPTION OF SERVICES

21 Genco $395(e) N/A Consumer electronics, cosmetics, health care, appliances, food Warehousing and distribution, returned goods management, 23 Pittsburgh $514 and groceries, pharmaceuticals, home furnishings, apparel, asset recovery, transportation management, supply chain Herb Shear, Chairman and CEO health and beauty, footwear, industrial machinery, chemical, air- consulting, parcel management, damaged goods research and ports, toys, paper products, flooring, liquor, publishing, retail facilities engineering www.genco.com Customers include: Unilever, Sears, Target, Hershey Co., Dell, Best Buy, Whirlpool, Reebok, Reckitt Benckiser, Heinz, Becton Dickinson, Alberto Culver, Playtex, Hewlett-Packard, Revlon, Levi Strauss, Harley-Davidson, Kellogg’s, Briggs & Stratton, Pinnacle Foods, Sun Chemical, U.S. Department of Defense

29 UTi Worldwide $374 16,245 Pharmaceutical, apparel, chemical, automotive, computers and Air and ocean freight forwarding, customs brokerage, 24 Rancho Dominguez, Calif. $698 electronics warehousing and distribution, transportation management, Nasdaq: UTIW order fulfillment, freight brokerage, dedicated contract carriage, Roger MacFarlane, CEO Customers include: BASF, Bristol-Meyers Squibb, Case New supply chain consulting, information technology William Gates, CEO, UTi Integrated Logistics Holland, Dow Chemical, DuPont, Fuji, Georgia-Pacific, Milliken, Owens Corning, Home Depot, Sam’s Club, Wal-Mart www.go2uti.com www.utiintegratedlogistics.com

14 Menlo Worldwide $367(e) N/A Automotive, computers and electronics, pharmaceuticals, chem- Transportation management, warehousing and distribution, 25 San Mateo, Calif. $1,340 icals, aerospace dedicated contract carriage, supply chain consulting, assembly NYSE: CNW (Con-way Inc.) and packaging, order fulfillment, returns management Robert Bianco, President Customers include: ADM, Cisco Systems, Dow Chemical, General Motors, LAM Research, NCR, Ricoh, Sears, Takata www.menloworldwide.com Global, Tower Automotive, IBM, Hewlett-Packard, Nike, Boeing

20 Total Logistic Control $356(e) N/A Food and beverage, retail, consumer products, groceries Transportation management, warehousing and distribution, 26 Zeeland, Mich. N/A dedicated contract carriage, contract packaging and manufacturing, NYSE: SVU (Supervalu Inc.) Customers include: General Mills, Sara Lee, Rich Products, intermodal, supply chain consulting Bob Koerner, President and CEO ConAgra, Kraft Foods, Cadmus, Jarden Home Brands, Maple Leaf, Meijer, Georgia-Pacific www.totallogistic.com 27 33 U.S. Xpress Enterprises $336 N/A Retail, floor coverings, building materials, food and beverage Dedicated contract carriage, warehousing and distribution, Chattanooga, Tenn. $461 intermodal Nasdaq: XPRSA Customers include: Dollar General, Georgia-Pacific, Wal-Mart, Patrick Quinn, Co-Chairman & President Reckitt Benckiser, Formica, Meijer, Coca-Cola, Dollar Tree Max Fuller, Co-Chairman & President

www.usxpress.com

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N. AMERICAN REVENUE (in millions) RANK RANK NET 2006 2005 COMPANY GROSS EMPLOYEES INDUSTRY EXPERTISE/KEY CUSTOMERS DESCRIPTION OF SERVICES

32 Cardinal Logistics Management $333 1,449 Retail, manufacturing, building products, automotive Home and job-site delivery, dedicated contract carriage, 28 Concord, N.C. N/A transportation management, supply chain consulting, Vin McLoughlin, Chairman Customers include: Office Depot, Kraftmaid Cabinetry, Mill’s warehousing and inventory management Tom Hostetler, CEO Pride, 7-Eleven, Georgia-Pacific, Lowe’s Jerry Bowman, President

www.cardlog.com

23 NFI Interactive Logistics $320(e) N/A Food and groceries, beverage, retail, consumer goods, Warehousing and distribution, transportation management, dedi- 29 Cherry Hill, N.J. $655 computers and electronics cated contract carriage, expedited transportation, intermodal, Sid Brown, CEO supply chain consulting Joe Roeder, C0O Customers include: Staples, Trader Joe’s, Colgate-Palmolive

www.nfiinteractive.com

36 Jacobson Cos.3 $300(e) 4,000 Consumer goods, food, chemicals and hazardous materials, Warehousing and distribution, packaging and assembly, dedicated 30 Des Moines, Iowa $365 paper, plastics contract carriage, freight brokerage, transportation management, (Norwest Equity Partners) customs brokerage, supply chain consulting, information Craig Petermeier, CEO Customers include: John Deere, Monsanto, DuPont, BASF, Cytec technology services, freight payment and auditing, industrial Industries, Barilla Pasta, PepsiCo, Sun Chemical, American staffing www.jacobsonco.com Standard, Solutia, Philip-Morris, Procter & Gamble

34 Logistics Insight Corp. $275 2,583 Automotive, industrial equipment, consumer goods Dedicated contract carriage, transportation and inventory 31 Warren, Mich. $503 management, intermodal, subassembly and packaging, expedited, (CenTra Inc.) Customers include: General Motors, Ford Motor, air freight forwarding, container management, home delivery H.E. Wolfe, CEO DaimlerChrysler, , Auto Alliance, Delphi, Savino Del Bene, Polycon, Lumenis www.4linc.com

39 New Breed $255 3,300 Aerospace, telecommunications, electronics, consumer goods, Warehousing and distribution, returns management, product 32 High Point, N.C. N/A retail refurbishment and repair, transportation management, pool dis- Louis DeJoy, CEO tribution, supply chain consulting Customers include: Verizon Wireless, Siemens Medical www.newbreed.com Solutions, Boeing, Sony, Sikorsky, Hamilton Sundstrand, U.S. Marine Corps, U.S. Postal Service

33 43 Livingston International Income Fund4 $253 1,860 Retail, computers and electronics, chemical, industrial equip- Customs brokerage, air and ocean freight forwarding, freight Toronto N/A ment brokerage, warehousing and distribution, trade show and event TSE: LIV.UN management, business services, intermodal, information Douglas Harrison, Chairman Customers include: Sears, Starbucks, Purolator Courier, GTI technology Canada, Future Shop, Eddie Bauer, Dow Chemical www.livingstonintl.com

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N. AMERICAN REVENUE (in millions) RANK RANK NET 2006 2005 COMPANY GROSS EMPLOYEES INDUSTRY EXPERTISE/KEY CUSTOMERS DESCRIPTION OF SERVICES

38 Kenco Logistics Services $248(e) 3,600 Automotive, food and groceries, appliances, consumer goods, Warehousing and distribution, transportation and inventory 34 Chattanooga, Tenn. N/A chemicals, industrial equipment, electronics, pharmaceuticals, management, intermodal, return goods management, packaging () medical supplies and assembly, records management, material handling equipment Gary Mayfield, CEO sales and rental Customers include: Brach’s Confections, Carpenter Technology, www.kencogroup.com , Frigidaire, General Electric, General Mills, GlaxoSmithKline, Whirlpool, Bristol-Myers Squibb

30 DSC Logistics $225(e) N/A Food and groceries, consumer goods, building materials, Warehousing and distribution, packaging and order fulfillment, 35 Des Plaines, Ill. N/A computers and electronics, paper, health care transportation management, supply chain consulting Ann Drake, CEO Customers include: Georgia Pacific, Kellogg’s, Kimberly Clark, www.dsclogistics.com Philip Morris, Pioneer Electronics, Yamaha, J.M. Smucker, Turtle Wax 36 Not Ranked TransForce Income Fund $224 N/A N/A Warehousing and distribution, transportation management, Saint-Laurent, Quebec N/A inventory management, freight brokerage, dedicated contract TSE: TFI.UN Customers include: N/A carriage, waste management Alain Bedard, Chairman and CEO

www.transforce.ca

37 10 FedEx Trade Networks5 $209(e) 3,400 N/A Customs brokerage, air and ocean freight forwarding, freight Memphis, Tenn. $672(e) brokerage, warehousing and distribution, freight payment, NYSE: FDX (FedEx Corp.) Customers include: N/A international trade consulting G. Edmond Clark, CEO

www..com

Not Ranked Mallory Alexander International Logistics $200 500 Manufacturing, electronics, paper and lumber, cotton, fine arts Air and ocean freight forwarding, customs brokerage, warehous- 38 Memphis, Tenn. N/A ing, freight brokerage, intermodal drayage Neely Mallory III, President Customers include: N/A

www.mallorygroup.com

41 Hub Group/Unyson Logistics $189 1,184 Retail, food and beverage, apparel, electronics, automotive, con- Intermodal marketing, freight brokerage, transportation 39 Downers Grove, Ill. $1,531 sumer goods management, supply chain consulting Nasdaq: HUBG Phillip Yeager, Chairman Customers include: Sears, Target, Kraft Foods, Hussmann, David Yeager, Vice Chairman and CEO Unilever, Procter & Gamble, Home Depot, Reckitt Benckiser, Mark Yeager, President Diageo PLC www.hubgroup.com

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N. AMERICAN REVENUE (in millions) RANK RANK NET 2006 2005 COMPANY GROSS EMPLOYEES INDUSTRY EXPERTISE/KEY CUSTOMERS DESCRIPTION OF SERVICES

46 Landstar Global Logistics $189 1,285 Building materials, retail, beverage, computers and electronics, Intermodal, freight brokerage, transportation management, 40 Jacksonville, Fla. $1,078 plastics and fibers, printing and publishing returns management, dedicated contract carriage, air and ocean Nasdaq: LSTR (Landstar System) freight forwarding Jim Handoush, President Customers include: FedEx Freight, Unilever, CertainTeed, Glazers Wholesale, Campbell Soup, Procter & Gamble, Verizon, www.landstar.com Hewlett-Packard, Dell, Goodyear Tire & Rubber, Carrier Corp., General Electric, Ford Motor, DaimlerChrysler, United Copper

44 Saddle Creek Corp. $156 1,300 Retail, food and beverage, groceries, consumer goods, paper, Warehousing and distribution, transportation management, 41 Lakeland, Fla. $160 alcohol, tobacco, electronics contract packaging David Lyons, Chairman Bruce Abels, President Customers include: Anheuser-Busch, Cadbury Schweppes, Dial Corp., Del Monte Foods, International Paper, Sam’s Club, Walt www.saddlecrk.com Disney World, Philip Morris, Coty Inc., Scotts Co., Pepsi-Cola North America, Quaker Oats

40 NYK Logistics Americas $143 1,600 General merchandise and specialty retail, consumer electronics, Transportation management, intermodal, freight brokerage, 42 Secaucus, N.J. $894 automotive, food and beverage, health care, chemicals, building warehousing and distribution, air and ocean freight forwarding, (NYK Group, Tokyo) materials returns management, dedicated contract carriage, expedited, Saburo Yamagata, CEO supply chain consulting Thomas Perdue, Executive Vice President Customers include: Target, JCPenney, Procter & Gamble, Sony, and Chief Operating Officer Dollar Tree, Puma, Home Depot, Lennox

www.nyklogistics.com 43 26 Pacer Global Logistics6 $123 1,176 Automotive, food and beverage, retail, paper and printing, con- Rail intermodal, freight brokerage, warehousing and distribu- Dublin, Ohio $902 sumer durable goods, electronics tion, ocean freight forwarding, dry van and flatbed truckload Nasdaq: PACR (Pacer International) and LTL, drayage and heavy specialized transportation, supply Jeffrey Brashares, Vice Chairman, Customers include: AEP Industries, Big Lots, Continental chain consulting, transportation management, freight payment Commercial Sales General Tire, Duty Free Stores, Ford Motor, General Electric, Graphic Packaging, Heinz, Mariani Food, Owens Corning, www.pacerglobal.com Scotts Co., Sony, SP Newsprint, Toyota, Wal-Mart, Whirlpool

44 45 Kane Is Able Inc. $112 942 Food and beverage, confectionery, retail, apparel, consumer Warehousing and distribution, packaging, dedicated contract Scranton, Pa. N/A goods, health care carriage Eugene Kane Sr., Chairman Richard Kane, CEO Customers include: Sanofi Aventis, E&J Gallo Winery, Hershey Harry Drajpuch, Chief Operating Officer Foods, Kimberly-Clark, Kraft Foods/Nabisco, Meadwestvaco, Pennsylvania Liquor Control Board, Playtex, Procter & Gamble, www.kaneisable.com Sam’s Club, Wal-Mart Stores, PepsiCo

42 Averitt Express $93 N/A Automotive, retail, food products, utilities, computers and elec- Transportation management, dedicated contract carriage, ware- 45 Cookeville, Tenn. N/A tronics, apparel, building materials housing and distribution, air and ocean freight forwarding, Gary Sasser, President freight brokerage, intermodal, supply chain consulting, customs Customers include: BMW, Collins & Aikman, Cracker Barrel, brokerage www.averittexpress.com Georgia Power, Lexmark, Mercedes-Benz, Saturn, Honda, Vanity Fair, Osh Kosh B’Gosh, Home Depot, Nissan, Dell, General Electric

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N. AMERICAN REVENUE (in millions) RANK RANK NET 2006 2005 COMPANY GROSS EMPLOYEES INDUSTRY EXPERTISE/KEY CUSTOMERS DESCRIPTION OF SERVICES

48 Stonepath Group $86 1,111 Retail, apparel, government, automotive Transportation management, air and ocean freight forwarding, 46 Seattle $410 customs brokerage, freight brokerage, supply chain consulting, Amex: STG Customers include: Target, Home Depot, Best Buy, , warehousing and distribution, order fulfillment, store delivery, Dennis Pelino, Chairman General Electric Industrial Systems, General Motors project logistics Jason Totah, CEO

www.stonepath.com

50 Arnold Logistics $85 1,500 Food, consumer electronics, publications and software Warehousing and distribution, contract manufacturing and 47 Camp Hill, Pa. N/A packaging, order fulfillment, dedicated contract carriage, returns E.H. Arnold, Chairman Customers include: Quaker Oats, PepsiCo, Hershey Foods, management Douglas Enck, CEO Cadbury Adams, ACH Food Companies, Coors Brewing, Atari, Simon & Schuster, IBM, Pitney Bowes, Fuji Film, Pfizer www.arnoldlogistics.com

47 NAL Worldwide $78(e) 630 Telecommunications, computers and electronics, retail, medical Transportation and inventory management, warehousing and 48 Westmont, Ill. $106 distribution, returns management, order fulfillment and product (Lake Capital Partners) Customers include: Ericsson, Hitachi, Hewlett-Packard, Agilent, assembly, call center, information technology, facilities Doug Christensen, President Sun Microsystems engineering and design

www.nalworldwide.com 49 49 Transervice Logistics $75(e) 1,050 Retail pharmacy, food, bakery, industrial products, industrial Dedicated contract carriage Lake Success, N.Y. N/A gases Edward Flannigan, President Customers include: Exide Technologies, Kroger, Wakefern www.transervice.com Food, Sara Lee, Five Star Group

Not Ranked Transplace Inc. $55(e) 600 Retail, consumer goods, manufacturing, forest and paper Transportation management, order fulfillment, supply chain 50 Plano, Texas $2,100 products, health care, food and beverage, industrial, military, consulting, freight brokerage, information technology, freight Jun-Sheng Li, Chairman and CEO transportation payment, intermodal Tom Sanderson, President Customers include: AutoZone, Sunny Delight, Office Depot, www.transplace.com Unisource, Weyerhaeuser, Fresenius Medical Care, U.S. Gypsum

TT Logistics 50 Footnotes: 1. GreatWide Logistics Services’ 2. Ozburn-Hessey Logistics’ rev- 3. Jacobson Cos.’ revenue is pro- 4. Livingston International Income 5. FedEx Trade Networks’ revenue 6. Pacer Global Logistics’ revenue revenue includes the operations enue includes the operations of jected for 2006 and includes Group’s revenue includes the is not comparable to FedEx is not comparable to Pacer of Am-Can Transport Services, Barthco International, Freightek operations of Wilpak Inc., operations of PBB Global Supply Chain Services’ revenue International’s revenue, reported Dallas & Mavis Specialized Carrier Inc. and Turbo Logistics, acquired acquired in May, and Arthur Wells Logistics, acquired in January reported in 2005, reflecting a in 2005. and Cargo-Master Inc., acquired in July 2006. Group, acquired in July. 2006. change in the company’s busi- in September 2005. ness structure.

This Transport Topics 100 PDF is sponsored by National Retail Systems, Inc. Page 16 TT LOGISTICS 50 Four New to Forwarders List DHL Global Forwarding leads a group of European, Asian and American companies on a list of the Top 25 Freight Forwarders. The rankings are based on estimates by logistics industry consultant Richard Armstrong and reflect worldwide net revenue in 2005. Chinese forwarder Sinotrans Ltd. appears on the list for the first time at River barges like this one are No. 19. The firm is 60% owned by the Chinese government. in greater demand, thanks to Other newly listed companies include Rohne & Liesenfeld, No. 22 — a German forwarder with a specialty in shipping large capital equipment for truck and rail overflow. energy plants, mining operations, pulp and paper mills, steel plants and The American Waterways Operators The American Waterways the like — and BDP International, No. 25. BDP operates facilities in 20 North American cities and owns stakes in logistics companies in Belgium, Brazil, France, Germany and Italy. Capacity Crunch Keeps North American freight brokerage firm C.H. Robinson Worldwide is listed for the first time at No. 13, in recognition of its growing presence in Barges Busy Central America, Europe and Asia. — Daniel P. Bearth Top 25 13 C.H. Robinson Worldwide Net Revenue: $880 million arge operators said demand In 2004, ACL started a biweekly Gross Revenue: $5.7 billion for their services has picked service between Chicago and New Freight Forwarders Headquarters: Eden Prairie, Minn. up in response to capacity Orleans hauling intermodal contain- 1 DHL Global Forwarding 14 APL Logistics B Net Revenue: $2.9 billion constraints and higher freight rates ers in empty dry cargo barges, Net Revenue: $720 million charged by railroads and truck Holden said — part of an effort to Gross Revenue: $11.8 billion Gross Revenue: $1.3 billion operators. reposition ACL as a transportation Headquarters: Basel, Switzerland Headquarters: Singapore “We are in a buyers’ market for company instead of a barge operator. 2 Kuehne + Nagel International 15 Kintetsu World Express transportation services,” said Craig Philip said he is trying to increase Net Revenue: $1.7 billion Net Revenue: $660 million Philip, president of Ingram Barge freight-hauling capacity by more Gross Revenue: $10.2 billion Gross Revenue: $2.2 billion Co., Nashville, Tenn., the nation’s efficiently using his fleet of 4,000 Headquarters: Schindellegi, Headquarters: Tokyo Switzerland largest barge operator. “Shippers barges and 100 towboats. He also 16 Nippon Express Group once thought, ‘What I pay today will signed a 10-year contract with 3 NYK Logistics Net Revenue: $600 million be less tomorrow.’ That is not the Trinity Industries to build replace- Net Revenue: $1.6 billion Gross Revenue: $3 billion case today.” ment barges. The contract gives Gross Revenue: $3.6 billion Headquarters: Tokyo Headquarters: Tokyo But barge operators have capacity Ingram the opportunity to signifi- 17 Maersk Line problems of their own, said Ken cantly expand the size of its fleet, “if 4 BAX Global Net Revenue: $591 million Eriksen, vice president of trans- we chose to,” Philip said. Net Revenue: $1.6 billion Gross Revenue: $805 million portation services for Informa Other firms are exploring the Gross Revenue: $2.9 billion Headquarters: Copenhagen, Denmark Headquarters: Irvine, Calif. Economics, a business consulting potential to increase intermodal 18 Hellmann Worldwide Logistics firm in Memphis, Tenn., that spe- shipping along the U.S. coastline. 5 Panalpina Group Net Revenue: $520 million cializes in waterway transportation One such proposal, still under Net Revenue: $1.6 billion Gross Revenue: $2.6 billion issues. development, would use a proto- Gross Revenue: $6.3 billion Headquarters: Osnabruck, Germany Headquarters: Basel, Switzerland Over the past two decades, Eriksen type “fast ship” to carry up to 150 19 Sinotrans Ltd. said, the number of barges taken out tractor-trailer rigs, 300 cars and 6 Ryder System Net Revenue: $500 million of service has exceeded the number 1,800 passengers from points in Net Revenue: $1.5 billion Gross Revenue: $2.1 billion of new barges added, effectively the Northeast to Florida and the Gross Revenue: $2.2 billion Headquarters: Shanghai, China Headquarters: Miami reducing the supply of barges. Gulf Coast. 20 PWC/GeoLogistics Meanwhile, demand has grown for “This is the final frontier in devel- 7 UPS Supply Chain Solutions Net Revenue: $400 million hauling traditional bulk cargoes, such opment of the domestic freight and Net Revenue: $1.3 billion Gross Revenue: $1.6 billion as grain and coal, and new products, passenger transportation network,” Gross Revenue: $6.4 billion Headquarters: Safat, Kuwait Headquarters: Atlanta such as imported steel, which is car- said Mark Cleveland, a former exec- 21 ABX Logistics ried upriver on what is traditionally utive with ACS Inc. and founder of 8 Schenker Logistics Net Revenue: $315 million an empty backhaul. Trip-Pak Express who recently was Net Revenue: $1.3 billion Gross Revenue: $1.3 billion “We have an aging system of locks appointed president of SeaBridge Gross Revenue: $4.3 billion Headquarters: Anderlecht, Belgium Headquarters: Essen, Germany and dams, and we are facing USA in Alexandria, Va. 22 Rohde & Liesenfeld increased maintenance issues,” In a telephone interview, Cleve- 9 Expeditors International of Net Revenue: $230 million Eriksen said. “We are very vulnera- land said the new seagoing cargo Washington Gross Revenue: $385 million Net Revenue: $1.1 billion Headquarters: Hamburg, Germany ble. If something fails, we may not ship will be able to match the speed Gross Revenue: $3.9 billion be able to move much coal and of team truck drivers, creating the Headquarters: Seattle 23 FedEx Corp. grain.” first “expedited intermodal” service Net Revenue: $209 million Mark Holden, president of and easing traffic congestion on 10 UTi Worldwide Gross Revenue: $672 million Net Revenue: $967 million Headquarters: Memphis, Tenn. American Commercial Lines, highways and rail lines along the Gross Revenue: $2.8 billion Jeffersonville, Ind., said barge trans- eastern seaboard. Headquarters: British Virgin Islands 24 Yusen Air & Sea Service portation, though slow, has the “My goal is to provide a compelling Net Revenue: $200 million advantage as the lowest-cost mode option to trucking companies to 11 Eagle Global Logistics Gross Revenue: $1.1 billion Net Revenue: $948 million Headquarters: Tokyo of transportation. One barge hauls complete their movements safely, Gross Revenue: $3.1 billion the equivalent of 58 truck-trailers faster and on schedule,” Cleveland Headquarters: Houston 25 BDP International and 15 railcars and costs an average said. Net Revenue: $200 million of 0.72 cents per ton-mile, com- The service isn’t expected to be 12 Penske Logistics Gross Revenue: $1 billion Net Revenue: $890 billion Headquarters: Philadelphia pared with 2.24 cents for rail and launched for at least another three Gross Revenue: $3.2 billion 26.61 cents for truck. years. — Daniel P. Bearth Headquarters: Reading, Pa.

This Transport Topics 100 PDF is sponsored by National Retail Systems, Inc. Page 17 TT LOGISTICS 50 DHL Exel Leads Top 25 Warehouse Operators By Daniel P. Bearth space as No. 2 ranked UPS Supply automotive industries. Exel Armstrong’s report includes esti- Senior Features Writer Chain Solutions, according to a list Direct was also one of the mates of profit margins and other of the Top 25 Warehousing Firms nation’s largest home-delivery operating parameters for contract by TRANSPORT TOPICS and logistics specialists. and public warehouses in the HL Exel Supply Chain is industry consultant Richard In a newly released report, United States and Canada. the largest commercial Armstrong. Armstrong said the commercial Armstrong said his analysis Dwarehouse operator in Though both DHL and UPS warehousing market includes about shows that contract warehousing North America — by a huge mar- have extensive distribution capa- 900 firms with 875 million square is growing at the expense of pub- gin. The company — which is the bilities related to their parcel feet of storage space and annual lic warehousing but that neither result of a merger in December operations, Exel’s business was revenues of about $28.8 billion. has an advantage in terms of between parcel carrier DHL and strongly rooted in warehousing “The industry grew 9.5% last year, profits. logistics services provider Exel — with large operations geared to and we forecast another strong year “Profitability owes more to compa- controls more than twice as much serving grocery, chemical and for 2006,” Armstrong said. ny cultures and practices,” he said.

6 Caterpillar Logistics 13 Ryder System 20 DSC Logistics Top 25 Total Space: 22 million sq. ft. Total Space: 16.5 million sq. ft. Total Space: 10.2 million sq. ft. Number of Warehouses: 105 Number of Warehouses: 180 Number of Warehouses: 24 Warehousing Firms 7 AmeriCold Logistics 14 EGL Inc. 21 Atlas Cold Storage Total Space: 10 million sq. ft. 1 DHL Exel Supply Chain Total Space: 20 million sq. ft. Total Space: 15 million sq. ft. Number of Warehouses: 57 Total Space: 78 million sq. ft. Number of Warehouses: 101 Number of Warehouses: 87 Number of Warehouses: 420 8 Kenco Logistics Services 15 Kuehne + Nagel North America 22 MBX Logistics Total Space: 10 million sq. ft. 2 UPS Supply Chain Solutions Total Space: 20 million sq. ft. Total Space: 14 million sq. ft. Number of Warehouses: 30 Total Space: 35 million sq. ft. Number of Warehouses: 90 Number of Warehouses: 60 Number of Warehouses: 550 9 Ozburn-Hessey Logistics 16 NFI Interactive Logistics 23 VersaCold Total Space: 10 million sq. ft. 3 Schenker Logistics Total Space: 20 million sq. ft. Total Space: 14 million sq. ft. Number of Warehouses: 25 Total Space: 30 million sq. ft. Number of Warehouses: 92 Number of Warehouses: 70 Number of Warehouses: 45 10 UTi Worldwide 17 Menlo Worldwide 24 Saddle Creek Corp. Total Space: 9 million sq. ft. 4 Genco Total Space: 20 million sq. ft. Total Space: 12 million sq. ft. Number of Warehouses: 30 Total Space: 25 million sq. ft. Number of Warehouses: 130 Number of Warehouses: 80 Number of Warehouses: 85 11 Jacobson Cos. 18 Logistics Insight Corp. 25 United States Cold Storage Total Space: 7 million sq. ft. 5 APL Logistics Total Space: 18.5 million sq. ft. Total Space: 11.3 million sq. ft. Number of Warehouses: 22 Total Space: 24.2 million sq. ft. Number of Warehouses: 111 Number of Warehouses: N/A Number of Warehouses: 162 19 Penske Logistics 12 TNT Logistics North America Note:Total square footage for refrigerated Total Space: 17.9 million sq. ft. Total Space: 11 million sq. ft. warehouses were calculated using an average Number of Warehouses: 76 Number of Warehouses: 135 ceiling height of 27 feet.

Tweed said. ment Corp. provides delivery to J.B. Hunt Tops Dedicated List Dedicated carriers are also mak- job sites for Home Depot with one J.B. Hunt Dedicated Contract said he’s had some success using ing greater use of owner-operators to three owner-operators per store Services heads the Top 25 dedicated equipment to pick up in place of company drivers, location. And about 18% of Dedicated Contract Carriers list additional freight to offset the cost Armstrong said. Werner’s fleet is made up of compiled by TRANSPORT TOPICS of service. GreatWide Dedicated Transport, owner-operators hauling refriger- and industry consultant Richard “We help the customer find for example, uses more than 3,000 ated trailers for Wal-Mart Stores, Armstrong of Armstrong & empty lanes and times in which independent drivers to haul gro- Armstrong said. Associates. equipment is underutilized,” ceries. Cardinal Logistics Manage- — Daniel P. Bearth Dedicated contract carriers pro- 7 Schneider National Inc. 17 Averitt Express vide tractors, trucks and trailers for Top 25 Total Power Units: 2,500 Total Power Units: 734 the exclusive use of shippers. Companies are ranked based on Dedicated Contract 8 DHL Exel Supply Chain 18 England Logistics total power units. Total Power Units: 2,021 Total Power Units: 625 Demand for dedicated freight Carriers 9 Cardinal Logistics Management Corp. 19 Transervice Logistics hauling grew an average of 11% in 1 J.B. Hunt Dedicated Contract Total Power Units: 1,811 Total Power Units: 534 2004 and 2005, and Armstrong said Services 10 Meridian IQ 20 AIM NationaLease he expects similar growth in 2006. Total Power Units: 5,051 Total Power Units: 1,606 Total Power Units: 500 Two-thirds of an estimated $10 bil- 2 Ryder System 11 U.S. Xpress Enterprises 21 CRST Logistics lion spent on dedicated contract Total Power Units: 3,851 Total Power Units: 1,600 Total Power Units: 400 carriage in 2005 was for freight 3 Werner Enterprises 12 Logistics Insight Corp. 22 UTi Worldwide movements of fewer than 300 miles. Total Power Units: 3,500 Total Power Units: 1,100 Total Power Units: 350 Schneider National Inc. uses about 6,200 power units for what it 4 GreatWide Dedicated Transport 13 UPS Supply Chain Solutions 23 Landair Dedicated calls dedicated capacity, in which Total Power Units: 3,300 Total Power Units: 940 Total Power Units: 350 the company provides equipment 5 Penske Logistics 14 TNT Logistics North America 24 Midwest Express Group but not on an exclusive-use basis. Total Power Units: 3,097 Total Power Units: 864 Total Power Units: 320 These units were not counted in 6 Ruan Transportation Management 15 NFI Industries 25 Saddle Creek Corp. compiling the list. Systems Total Power Units: 850 Total Power Units: 260 Total Power Units: 2,764 John Tweed, president of Landair 16 Crete Carrier Corp. Dedicated in Cookeville, Tenn., Total Power Units: 781

This Transport Topics 100 PDF is sponsored by National Retail Systems, Inc. Page 18 TT LOGISTICS 50 C.H. Robinson Is Leader in Freight Brokerage

Top 25 Freight Brokerage Firms

1 C.H. Robinson Worldwide 14 Cornerstone Systems Net Revenue: $698 million Net Revenue: $31 million Total Quality Gross Revenue: $3.6 billion Gross Revenue: $154 million Logistics is Types of Freight: Dry van, flatbed and Types of Freight: Rail, dry van and building new refrigerated TL, LTL, rail, air and ocean flatbed TL, heavy specialized headquarters in 2 Hub Group 15 /Twin Modal Net Revenue: $189 million Net Revenue: $30 million (est.) Milford, Ohio, Gross Revenue: $1,240 million Gross Revenue: $204.4 million shown here in an Types of Freight: Rail, dry van and Types of Freight: Dry van and flatbed flatbed TL TL, LTL Total artist’s rendering. 3 Landstar Global Logistics 16 Total Quality Logistics By Daniel P. Bearth 2005. Total Quality Logistics, Net Revenue: $152.4 million (est.) Net Revenue: $29.7 million Cincinnati, generated net revenue Gross Revenue: $1 billion Gross Revenue: $192.4 million Senior Features Writer Types of Freight: Rail, dry van and Types of Freight: Refrigerated and of $29.7 million in 2005, which is flatbed TL, LTL, air dry van TL more than double the net revenue C.H. Robinson Worldwide of $13.9 million in 2004. Since its 4 Pacer Global Logistics 17 Union Pacific Distribution Services extended its dominance in the founding in 1997, TQL has aver- Net Revenue: $123.4 million Net Revenue: $28 million Gross Revenue: $901.6 million Gross Revenue: $475 million freight brokerage business in aged 50% growth annually, and Types of Freight: Rail, dry van and Types of Freight: Rail, dry van and North America. company officials said they antici- flatbed TL, heavy specialized flatbed TL With net revenue of almost pate gross revenue in 2006 to reach 5 NYK Logistics 18 England Logistics $700 million in 2005, the $350 million, up from $192.4 mil- Net Revenue: $115.3 million (est.) Net Revenue: $23.3 million Minneapolis-based company lion in 2005. To accommodate addi- Gross Revenue: $768.5 million Gross Revenue: $128.5 million towers over No. 2 Hub Group, a tional growth, the company has Types of Freight: Rail, dry van, Types of Freight: Refrigerated and rail intermodal specialist, in a begun construction of a new head- flatbed and refrigerated TL, expedit- dry van TL listing of the Top 25 Freight quarters building in Milford, Ohio. ed, air 19 Trinity Transport Brokerage Firms by TRANSPORT Landstar Global Logistics moved 6 DHL Exel Supply Chain Net Revenue: $22 million TOPICS and logistics industry up to No. 3 in the ranking this year Net Revenue: $100 million (est.) Gross Revenue: $140 million consultant Richard Armstrong of with net revenue of $152.4 million Gross Revenue: $800 million (est.) Types of Freight: Refrigerated and Armstrong & Associates. in 2005, up 63.2% from net revenue Types of Freight: Rail, dry van and dry van TL, LTL, air, rail C.H. Robinson’s truck-based bro- of $93.4 million and a No. 6 ranking flatbed TL 20 BNSF Logistics kerage business also seemed to in 2004. Landstar, meanwhile, is 7 Meridian IQ Net Revenue: $22 million match the rapid growth rate of a preparing to launch a network of Net Revenue: $57 million (est.) Gross Revenue: $159 million number of smaller competitors. In independent warehouses to com- Gross Revenue: $380 million (est.) Types of Freight: Rail, refrigerated, 2005, the company’s net revenue of plement its trucking and brokerage Types of Freight: Rail, dry van, dry van and flatbed TL $698 million was 21.2% higher business. refrigerated and flatbed TL, air 21 Champion Logistics Group than the 2004 net revenue of Despite its size, officials at C.H. 8 Transplace Inc. Net Revenue: $21.9 million $575.7 million. Robinson said they see plenty of Net Revenue: $55 million (est.) Gross Revenue: $63.4 million Hub Group, by contrast, experi- growth ahead in North America, Gross Revenue: $650 million (est.) Types of Freight: Dry van TL, LTL, air, enced marginal growth in 2005, where it handles about 4.4 million Types of Freight: Dry van, flatbed and rail with net revenue gaining just 0.5% shipments annually for about refrigerated TL, LTL 22 CRST International to $189 million in 2005 from $180 20,000 customers, mainly in retail, 9 UTi/Market Transport Services Net Revenue: $18.5 million million in 2004. The company is food and beverage, manufacturing Net Revenue: $54 million (est.) Gross Revenue: $115 million expanding its drayage operations. In and retail industries. The company Gross Revenue: $359 million (est.) Types of Freight: Dry van and flatbed January, it agreed to acquire is trying to extend the concept of Types of Freight: Rail, dry van, TL Comtrak Inc., an intermodal truck- freight brokerage to Europe, how- flatbed and refrigerated TL 23 ATS Logistics Services ing company based in Memphis, ever, and in 2005, it acquired two 10 Schneider Brokerage Services Net Revenue: $18.3 million Tenn. freight forwarders, Hirdes Group Net Revenue: $53 million (est.) Gross Revenue: $108.5 million Another rail brokerage specialist, Worldwide and Bussini Transport. Gross Revenue: $481 million (est.) Types of Freight: Dry van and flatbed Types of Freight: Dry van and flatbed TL, heavy specialized Pacer Global Logistics, generated Several freight brokers also were TL, LTL, rail net revenue of $123.4 million in acquired and now are part of larger 24 Turbo Logistics 2005, virtually unchanged from the logistics companies. Market Trans- 11 Matson Integrated Logistics Net Revenue: $18 million (est.) Gross Revenue: $90 million $123.5 million net revenue generat- port Services was acquired by Net Revenue: $44.1 million Gross Revenue: $433 million Types of Freight: Refrigerated and ed in 2004. Revenue from truck freight forwarder UTi Worldwide, Types of Freight: Rail, dry van and dry van TL, expedited, rail brokerage operations fell 25.2% and Cargo-Master Inc. is owned by flatbed TL, LTL, air, heavy specialized because of the loss of a customer to GreatWide Logistics Services. 25 Greatwide Truckload Brokerage 12 Pittsburgh Logistics Systems Net Revenue: $16 million another service provider, and rev- Armstrong said he was unable to Net Revenue: $40 million (est.) Gross Revenue: $106.2 million enue from rail brokerage declined provide current net revenue for sev- Gross Revenue: $265 million Types of Freight: Refrigerated and 3.7% because of reduced inter- eral major brokerage firms, includ- Types of Freight: Flatbed TL dry van TL, rail, expedited modal volume. The losses were off- ing DHL Exel Supply Chain, 13 Allen Lund Co. set by gains in warehousing and Schneider Brokerage Services and Net Revenue: $37.5 million truck services. Meridian IQ. Net and gross rev- Gross Revenue: $260.5 million Several smaller truck brokerage enues for these firms are the latest Types of Freight: Refrigerated, dry companies posted strong gains in available, he said. van and flatbed TL, LTL

This Transport Topics 100 PDF is sponsored by National Retail Systems, Inc. Page 19