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Page 1 2015 Log 50 DriverDriver Stang Solutions Established in 1991, TTrransForce is the nation’s leading specialty stang firm devoted exclusively to commercialcial truck drivers. We believe that safety is a shared commitmentommitment among our customers, our drivers and ourselves. Our drivers’s’ safety is demonstrateded by our low DOT accidentcident rate. NotNot jjustust hhighigh standards,standards, higherhigher ones.ones. DOTDODOT RECORDABLERECORDABLE ACCIDENTSACCIDENTS Our proprietary screeningeening process ensureses that our drivers excee d Only 38% areare “at-fault”“at-fault” FMCSA standards.ds. We make use of cutting-edge technologyechnology to TransForceTransFororce (2008–2014)(2008–2014) .36.36 accidentsaccidents manage our driverer qualification (DQ) files, enabling us to provide customer-specific-specific DQ files via secure web-enabledeb-enabled portals. Privrivate Fleets (2014) .59 TransForce is an early adopter of driver screeningeening innovations, Auditeded Motor Carriers .725 including (a) E-Verifyerify, (b) Driver Violationiolation Alertts,s, and (c)c) CSA (2008–2010, latest published results) Driver Information Reports, among many others. Accidents/million miles TransForce locations WEST CENTRAL NORTHEAST SOUTHEAST » » » MA, Boston* » » AZ, Tucson* » » MA, Springfield* » » » » » FL, Miami* » » » FL, Orlando* » » » » » » » » » MO, St. Louis* » » » » » SOUTH CENTRAL » » » » MID-ATLANTIC » » » » » » » » » » » » » » » * New Locations » Fair,Fairr,, straightforwardstraightffoorward pricingpricing is www.transforce.com.transforansforce.com partpart ofof ourour no-surpriseno-surprise service.service. 800-308-69890-308-69989 We believe in long-termerm relationships with our customers and straightaightforward pricing is a critical element of our partnertnerships. On average, our Top 10Top 10 customers have been with us for over 12 years. IfIf yyouou ssharehare oourur ppassionassion forffoor ssafety—andaffetety—and tthehe bottom-linebottom-line bbenefitsenefits iitt bbrings you—rings you— ccontactontact TTransForceransForce ttoday.odaayyy.. Mergers, New Investment Drive Consolidation Within Rapidly Growing Logistics Industry By Daniel P. Bearth Investors, meanwhile, continue to pour money into logistics companies. Senior Features Writer Bradley Jacobs, CEO of XPO Logistics, said he expects two or three companies eventually to control 50% to 80% of the global n influx of new investment and surge in mergers market for logistics services. Global revenue for third-party lo - and acquisitions are driving consolidation gistics services was estimated to be $703.8 billion for 2013, ac - among logistics service providers and reshaping cording to Armstrong & Associates, a market research firm based the industry’s landscape. Two major industry in West Allis, Wisconsin. players — FedEx Corp. and C.H. Robinson Jacobs has acquired more than a dozen companies since 2011, in - AWorldwide — recently completed deals that moved each com - cluding two previously ranked on the Top 50 — 3PD Inc. and New pany up in the 2015 TRANSPORT TOPICS Top 50 listing of the Breed Logistics — and has amassed more than $1 billion in capital largest logistics companies in North America. from investors and banks to pay for additional acquisitions and to start Based on data compiled by TT, and with the aid of a variety of up new businesses. He has had success as an investor in consolidating sources, more money has been spent to acquire trucking and lo - companies in the waste and equipment rental industries. gistics companies in the first 11 weeks of 2015 than in any of the Transportation, Jacobs said, is the “last frontier” of business con - past five years. solidation. XPO Logistics ranks No. 12 on the Top 50 this year. And the buying may be just getting started, industry and invest - While the consolidation trend is likely to create larger compa - ment experts said. nies, most industry observers do not think it will hurt competi - “This is perhaps the strongest financial marketplace we’ve ever tion. Smaller companies, in fact, could play important roles as experienced,” said Ben Gordon of BG Strategic Advisors in West specialized logistics-service providers. Palm Beach, Florida. “Smart companies are taking advantage of For example, Duane Long, chairman of Longistics Inc. in this opportunity.” Raleigh, North Carolina, said he has carefully downsized his busi - FedEx’s purchase of warehousing and distribution specialist ness in recent years to focus on pharmaceutical distribution. Genco catapulted the Memphis, Tennessee-based company to “The main reason that companies of our size stay small is that No. 10 on this year’s list. FedEx SupplyChain and FedEx Trade in order to get the proper capital to grow, you have to give up Networks ranked No. 30 in 2014. Genco ranked No. 13. ownership,” Long said. Likewise, C.H. Robinson moved to No. 4 this year from No. 6 “It’s an exciting time,” said Sean Coakley, senior vice president in 2014, in part because of its acquisition in January of online of Kenco Group Inc. in Chattanooga, Tennessee. freight broker Freightquote.com. “We think being in the middle is a sweet spot. We have exten - Topping the Top 50 list is UPS Supply Chain Solutions, followed sive capabilities [like big companies] but can provide a higher by J.B. Hunt Transport Services and Ryder Supply Chain Solutions. level of service [like small companies].” ABOUT THE TOP 50 L IST The 2015 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. Senior Features Writer Daniel P. Bearth coordinated the project and was assisted by Brandon Green. Armstrong & Associates, a leading third-party logistics market research firm, provided revenue estimates and additional data used to rank companies in each of five logistics sectors. Firms wishing to participate in the 2016 Top 50 list can contact Transport Topics at tteditor@ttnews.com. TRANSPORT TOPICS ’ Top 50 Logistics Companies is sponsored online by NET REVENUE 2015 2014 GROSS REVENUE RANK RANK COMPANY (in millions) EMPLOYEES INDUSTRY EXPERTISE/KEY CUSTOMERS DESCRIPTION OF SERVICES 1 UPS Supply Chain Solutions $3,030 NA Automotive, industrial and manufacturing, health care, retail, Air and ocean freight forwarding, customs brokerage, 1 Alpharetta, Ga. $5,758 (e) computers and electronics transportation management, warehousing and distribution, (UPS Inc.) supply chain consulting, dedicated contract carriage, David Abney, CEO Customers include: Advanced BioHealing, eSecuritel, K12, intermodal, freight brokerage, service parts delivery and repair March Networks, Philips Healthcare, Pratt Whitney, Skullcandy, services, order fulfillment, returned goods management, www.ups-scs.com S-One, Sprint, Triumph Motorcycles. financial services 2 J.B. Hunt Transport Services $2,605 (e) NA General merchandise and specialty retail, building products, food Intermodal, dedicated contract carriage, freight brokerage, 2 Lowell, Ark. $5,799 and beverage, forest and paper products, rubber and plastic residential and commercial delivery Nasdaq: JBHT products, automotive, pharmaceuticals John Roberts, CEO Customers include: Clorox, D&W Fine Pack, General Mills, www.jbhunt.com Georgia Pacific, Goodyear, Kellogg’s, Lowe’s, Mission Foods, Sam’s Club, Starbucks, Toyota 4 Ryder Supply Chain Solutions $2,157 NA Automotive, industrial, consumer packaged goods, computers and Dedicated contract carriage, transportation management, 3 Miami $2,461 electronics, retail warehousing and distribution, order fulfillment, returned goods (Ryder System Inc.) management, product assembly and packaging, freight John Williford, President Customers include: NA payment and auditing, freight brokerage, cross-border services, supply chain consulting www.ryderscs.com 6 C.H. Robinson Worldwide $2,131 11,521 Food and beverage, retail, paper products, manufacturing, Freight brokerage, air and ocean freight forwarding, 4 Eden Prairie, Minn. $14,093 oil and gas, chemicals, textiles intermodal, transportation management, supply chain Nasdaq: CHRW consulting, dedicated contract carriage, warehousing, John Wiehoff, Chairman and CEO Customers include: NA produce sourcing, includes operations of FreightQuote.com acquired in January www.chrobinson.com 5 Expeditors International $1,981 13,900 Automotive, aerospace, computers and electronics, food and Air and ocean freight forwarding, customs brokerage, 5 Of Washington $6,565 beverages, health care, oil and energy, retail and fashion transportation management, order fulfillment, warehousing and distribution, assembly and packaging, spare parts distribution, Seattle returned goods management, project cargo, cross-border Nasdaq: EXPD Customers include: NA services, insurance Jeffrey Musser, CEO www.expeditors.com 3 Exel $1,815 (e) 47,000 Automotive, chemicals, consumer packaged goods, energy, Warehousing and distribution, transportation management, 6 Westerville, Ohio $3,300 (e) industrial, life sciences, health care, retail, computers and supply chain consulting, order fulfillment, service parts (Deutsche Post DHL, Bonn, Germany) electronics delivery, returned goods management, manufacturing parts Scott Sureddin, CEO, North
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