Top 15 Largest Logistics Companies In 2024


Top 15 Largest Logistics Companies In 2024

The  landscape of North America's largest third-party logistics providers has undergone significant shifts in the past year due to a freight market downturn, reduced broker margins, and a wave of high-profile acquisitions.

While the impact of the freight market slump and industry consolidation is evident throughout the rankings, the most notable transformation is the emergence of a new leader at the pinnacle.

A brief history of the top 5 logistics companies:

  1. Amazon: Founded in 1994 by Jeff Bezos in Seattle, Washington, Amazon began as an online bookstore. While e-commerce was its initial focus, Amazon's ambition quickly extended to logistics. To ensure fast and reliable delivery for its booming online marketplace, Amazon began building a vast network of fulfillment centers strategically located near major population centers. This network has become a juggernaut, transforming Amazon from an online retailer into a major player in the logistics sector.

  2. C.H. Robinson Worldwide: Founded in 1905 by Charles Henry Robinson in Eden Prairie, Minnesota, C.H. Robinson has evolved from a humble produce brokerage into a global leader in third-party logistics (3PL) services. While their roots lie in facilitating the transportation of fresh produce, C.H. Robinson has consistently adapted and expanded its offerings throughout its 118-year history with more than 300 offices and 3,000 employees currently.

  3. J.B Hunt Transport Services: Founded in 1961 by Johnnie Bryan Hunt and Johnelle Hunt in Arkansas, J.B Hunt Transport Services is a major player in the North American transportation and logistics industry. The company offers a variety of services including intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, and final-mile delivery solutions.

  4. UPS Supply Chain Solutions: United Parcel Service (UPS) is a multinational shipping and logistics company headquartered in Sandy Springs, Georgia, founded in 1907. UPS Supply Chain Solutions is a branch of UPS that provides a wide range of logistics services to businesses, including transportation, warehousing, distribution, and freight forwarding. These services are designed to streamline and optimize a company's supply chain network.

  5. GXO Logistics: Founded in 2011 and headquartered in Greenwich, Connecticut, GXO Logistics is a leading global contract logistics company. The company offers a variety of services including warehousing, distribution, packaging, and reverse logistics. GXO has grown rapidly through acquisitions and now boasts a vast network of fulfillment centers strategically located around the world.

Top 15 Largest Logistics Companies:

1. Amazon: $140 Billion
2. C.H Robinson: $16.7 Billion
3. J.B Hunt Transport Services: $12.5 Billion
4. UPS Supply Chain Solutions: $11.4 Billion
5. GXO Logistics: $9.7 Billion
6. Kuehne + Nagel Americas: $9.6 Billion
7. Expeditors International of Washington: $9.3 Billion
8. Ryder Supply Chain Solutions: $7.7 Billion
9. Total Quality Logistics: $6.8 Billion
10. DSV A/S (North America): $6 Billion
11. Armada Sunset Holdings: $5.7 Billion
12. Transportation Insight Holding Co: $5.2 Billion
13. Uber Freight: $5.2 Billion
14. DHL Supply Chain: $5 Billion
15. Lineage Logistics: $5 Billion