Transport Topic's 2024 Top 100 Logistics Companies

Amazon leads the 2024 Top 100 Logistics Companies with $140 billion in revenue. Industry sees major shifts with mergers, acquisitions, and closures.

Transport Topic's 2024 Top 100 Logistics Companies

Transport Topics, in partnership with Armstrong & Associates, has released the 2024 Top 100 Logistics Companies list, offering a comprehensive look at the biggest players in the North American logistics industry.

Highlights from the List:

  • Amazon's Debut: Jumping straight to #1 with $140 billion in gross revenue.
  • Convoy's Closure: The digital freight broker closed down, leaving a noticeable gap.

Amazon's Impressive Entry

Amazon has not only entered the list but dominated it by claiming the top spot. Its vast range of logistics services and massive revenue generation set it apart from the competition.

Industry Dynamics

  • Mergers & Acquisitions: The industry continues to consolidate, leading to a lot of movement on the list.
  • Freight Recession Impacts: Many companies saw revenue declines due to ongoing excess capacity and lower freight rates.

Key Stats:

  • 75% of companies reported lower revenues compared to last year.
  • The steepest decline was seen by Expeditors International of Washington, which dropped to #7 from #2, as its revenue fell by more than 45%.

Top 25 Logistics Companies

Rank This Year Rank Last Year Company Name Gross Revenue (Millions) Net Revenue (Millions)
1 - Amazon.com Inc. $140,053 -
2 1 C.H. Robinson Worldwide $16,746 $2,399
3 5 J.B. Hunt Transport Services $12,510 $4,690
4 4 UPS Supply Chain Solutions $11,461 $6,850
5 6 GXO Logistics $9,778 $8,450
6 3 Kuehne + Nagel Americas $9,617 $2,724
7 2 Expeditors International of Washington $9,300 $3,246
8 10 Ryder Supply Chain Solutions $7,700 $5,700
9 8 Total Quality Logistics $6,866 $1,483
10 7 DSV A/S (North America) $6,000 $760
11 13 Armada Sunset Holdings $5,702 $218
12 11 Transportation Insight Holding Co. $5,279 $380
13 9 Uber Freight $5,245 $555
14 12 DHL Supply Chain $5,025 $4,624
15 23 Lineage Logistics $5,000 $5,000
16 21 Penske Logistics $4,300 $3,300
17 27 Geodis (North America) $4,300 $2,750
18 15 Hub Group $4,200 $1,800
19 16 WWEX Group $4,019 $867
20 18 RXO $3,927 $960
21 20 Schneider $3,717 $1,775
22 22 Echo Global Logistics $3,600 $555
23 24 NFI $3,500 $2,700
24 14 Ceva Logistics (North America) $3,325 $1,500
25 17 DB Schenker (North America) $3,250 $1,010

You can view the full Top 100 Logistics Companies on Transport Topics.


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