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Top Ocean Freight Forwarders The Only One-Stop Solution Your Fleet Needs. Educating the Specialized Marketing Placing Qualified Drivers Keeping Drivers and Drivers of Today and Recruitment and Mechanics in the Carriers Safe and and Tomorrow. Services for Carriers. Right Positions. Compliant. Learn More Now at TransForceGroup.com or Call (800) 308-6989 500,000k Monthly Users 1 Million+ Drivers 900k+ Driver 4000+ Drivers on Our Driver Websites in Unique Databases Applications Annually Dispatched Daily 20+ Year Partnership 24/7 Support U.S. Department of Labor 25+ Years Operating with National for On-Demand Approved Apprenticeship in the U.S. and Safety Council Compliance Consulting Program Partner Canada transforcegroup.com XPO Still No. 1 After Stepping Back From Potential Business Spinoffs he logistics business is evolving rapidly as companies company’s breakup would have once again altered the 3PL invest in technology to boost efficiency and meet ship- landscape that XPO reshaped over the past decade through its Tpers’ rising expectations, but Transport Topics’ an- string of acquisitions in freight brokerage, warehousing, final- nual ranking of the largest third-party logistics companies in mile delivery and less-than-truckload carriage. North America reveals few changes at the top this year. Instead, XPO remains North America’s largest 3PL. In fact, the company continued to expand even while ac- tively considering potential spinoffs. XPO announced March 9 that it would acquire most of the United Kingdom-based contract logistics operations of Kuehne + Nagel, whose North Seth Clevenger American business unit ranks No. 10 on the Top 50. While the top of the TT Logistics 50 list did not change dra- Managing Editor, Features matically this year, the updated rankings feature some inter- esting movement closer to the bottom of the list. Mode Transportation, which was outside the Top 50 last year, jumped to No. 41 after its acquisition of SunteckTTS in December. XPO Logistics retained its perch at No. 1 on the TT Top The combined company said it will handle 1.5 million ship- 50 Logistics Companies list, a position the company has held ments per year and generate more than $2 billion in revenue. since 2017. The Dallas-based 3PL offers services across all major modes Until very recently, however, XPO’s place at the top seemed of transportation, including truckload, less-than-truckload, rail far from secure. intermodal, drayage, air, ocean and parcel freight. On Jan. 15, the Greenwich, Conn.-based company an- This year’s list features two other newcomers to the Top 50. nounced that it was actively exploring the sale or spinoff Burris Logistics, based in Milford, Del., enters the list at No. of some of its business units in a bid to boost value for 43. The company’s logistics services include cold chain man- shareholders. agement, dedicated distribution and freight brokerage. But three months later, XPO ended that review process as Crane Worldwide Logistics, an air and ocean freight for- widespread concerns about the spread of the COVID-19 virus warder, makes its debut at No. 50. The Houston-based com- sent the stock market plummeting. pany serves customers in industries ranging from aerospace “In light of current market conditions, XPO has terminated and automotive to retail. the strategic review process,” the company said in a March TT’s annual ranking of North America’s largest third-party 20 filing with the U.S. Securities and Exchange Commission. logistics companies is based on net revenue, which is gross If XPO had moved forward with any major spinoffs, the revenue minus the cost of purchased transportation. ABOUT THE TOP 50 LIST The 2020 Top 50 Logistics Companies list is a joint project of Transport Topics and Armstrong & Associates Inc. Logistics is defined as the procurement of transportation for shippers and includes services such as freight brokerage, air and ocean freight forwarding, warehousing and distribution and dedicated contract carriage. Companies are ranked on the basis of actual or estimated net revenue and include a description of services, names of top executives, key customers and industry expertise. Seth Clevenger, Transport Topics’ managing editor of features, coordinated the project with help from multiplatform coordinator Joe Antoshak. Armstrong & Associates, a leading third-party logistics market research firm, provided revenue estimates and additional data used to rank companies in each of six logistics sectors. Firms wishing to participate in the 2021 Top 50 list can contact Transport Topics at [email protected]. Transport Topics’ Top 50 Logistics Companies is sponsored online by Rank Rank Net Revenue Gross Revenue Company % Change % Change Employees Industry Expertise/Key Customers Description of Services 2020 2019 (in millions) (in millions) 1 XPO Logistics $6,157 e 0.7 $10,287 e -5.2 100,000 Aerospace and defense, building Air and ocean freight forwarding, custom Greenwich, Conn. $6,112 e $10,850 e NA products, consumer packaged goods, brokerage, dedicated contract carriage, 1 computers and electronics, industrial freight brokerage, intermodal and (NYSE: XPO) and manufacturing, fashion and apparel, drayage, inventory management and Bradley Jacobs, Chairman and CEO food and beverage, forest and paper packaging, order fulfillment, returned xpo.com products, health care, oil and gas, goods management, supply chain publishing, retail, rubber and plastic consulting, transportation management, products warehousing and distribution Customers include: NA 2 UPS Supply Chain Solutions $4,690 e -1.3 $9,302 -5.2 NA Aerospace and defense, automotive, Air and ocean freight forwarding, Atlanta $4,750 e $9,814 e NA consumer packaged goods, computers custom brokerage, dedicated contract 2 and electronics, durable goods, industrial carriage, freight brokerage, inventory (UPS Inc.) and manufacturing, fashion and management and packaging, order David Abney, Chairman and CEO apparel, government, health care, retail, fulfillment, returned goods management, (Carol Tomé, CEO effective June 1) telecommunications supply chain consulting, transportation ups.com Customers include: NA management, warehousing and distribution 3 DHL Supply Chain $4,315 e 13.3 $4,735 e 13.3 NA Automotive, chemicals, consumer Order fulfillment, supply chain Westerville, Ohio $3,809 $4,178 NA packaged goods, computers and consulting, transportation management, 3 electronics, durable goods, industrial warehousing and distribution (Deutsche Post DHL, Bonn, Germany) and manufacturing, food and beverage, Scott Sureddin, CEO, North America health care, retail logistics.dhl Customers include: NA 4 J.B. Hunt Transport Services $3,410 e 17.6 $8,788 7 29,106 Aerospace and defense, automotive, Dedicated contract carriage, freight Lowell, Ark. $2,900 e $8,214 NA building products, chemicals, consumer brokerage, intermodal and drayage, 4 packaged goods, computers and supply chain consulting, transportation (Nasdaq: JBHT) electronics, durable goods, industrial management John Roberts, President and CEO and manufacturing, fashion and apparel, jbhunt.com food and beverage, forest and paper products, government, health care, office equipment, oil and gas, publishing, retail, rubber and plastic products, telecommunications Customers include: NA 6 Ryder Supply Chain Solutions $2,853 8.2 $3,969 6.4 39,900 Aerospace and defense, automotive, Custom brokerage, dedicated contract Miami $2,636 $3,731 NA building products, chemicals, consumer carriage, freight brokerage, intermodal 5 packaged goods, computers and and drayage, inventory management (Ryder System) electronics, durable goods, industrial and packaging, order fulfillment, Robert Sanchez, Chairman and CEO and manufacturing, fashion and apparel, returned goods management, supply Steve Sensing, President, Global Supply Chain food and beverage, health care, office chain consulting, transportation Solutions equipment, oil and gas, retail, rubber and management, warehousing and ryder.com plastic products, telecommunications distribution Customers include: NA 7 Expeditors International of Washington $2,636 0.6 $8,175 0.5 18,297 Aerospace and defense, automotive, Air and ocean freight forwarding, Seattle $2,620 $8,138 17,500 computers and electronics, fashion and cross-border services, custom 6 apparel, food and beverage, health care, brokerage, order fulfillment, returned (Nasdaq: EXPD) oil and gas, retail goods management, transportation Jeffrey Musser, President and CEO Customers include: NA management, warehousing and expeditors.com distribution Net and gross revenue figures printed in black reflect 2019 results. Numbers for previous year printed in gray. NA = not applicable or not available e = estimate Transport Topics’ Top 50 Logistics Companies is sponsored online by In cooperation with: Rank Rank Net Revenue Gross Revenue Company % Change % Change Employees Industry Expertise/Key Customers Description of Services 2020 2019 (in millions) (in millions) 5 C.H. Robinson Worldwide $2,586 -4.4 $15,310 -7.9 15,427 Aerospace and defense, automotive, Air and ocean freight forwarding, 7 Eden Prairie, Minn. $2,705 $16,631 15,262 building products, chemicals, consumer custom brokerage, dedicated (Nasdaq: CHRW) packaged goods, computers and contract carriage, freight brokerage, Bob Biesterfeld, President and CEO electronics, durable goods, industrial intermodal and drayage, inventory chrobinson.com and manufacturing, fashion and apparel, management and packaging, returned food and beverage, forest and paper goods management, supply chain products,
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