3x Fortune 100 Best Company to Work For, TQL is one of the largest global 3PL and freight brokerage firms. The quantitative industry analytics shown in this analysis was powered by ValuAnalytics proprietary valuation analytics platform. C.H. Our mission is to be the leading service provider in the transportation industry and continue to build a company to be proud of. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Watch here: Before digging deeper into this article, some may be asking why would someone want to know about freight brokers when they initially were set out to find the largest truckload motor carriers. FedEx Corporation (NYSE: FDX) developed the FedEx SameDay Bot to help make last-mile deliveries. ", Schneider. The metrics are listed in their order of importance, with the market capitalization, which represents a companys worth on the open market, being the most important metric. Government, Business, Technology, Equipment, Logistics, Government, Technology, Equipment, Logistics, Top 50 Logistics Companies Press Release and Logo, About Us: Transport Topics Top 50 Logistics Companies, Railroads Warned of Potential Problems With Long Trains, Hub Group Reports Revenue and Earnings Decline for Q1, Universal Logistics Reports Weaker Q1 Amid Softening Market, ArcBest Reports Q1 Revenue, Earnings Decline, California Passes First-in-Nation Locomotive Emission Rule, Landstar Reports Revenue and Earnings Decline for Q1, Schneider Reports 6% Q1 Earnings Gain Despite Revenue Drop, Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices, Miami, Seven Other Cities to Test Cargo Bikes, 2023 Transport Topics | All Rights Reserved, Ingram Micro Commerce & Lifecycle Services. TQL Salaries (April 2023) - Zippia The merged Canadian Pacific Kansas City says in its first quarter together the new Class I railroad saw its income surge by 35% to C$800 million compared with C$590 million a year ago. We help you find the right solution for your local, national and North American truckload freight and shipping needs. These factors contributed to an overall rise in valuations among publicly-traded third-party logistics (3PL) companies in 2021. The industry is composed of various players such as shippers, carriers, freight forwarders, customs brokers, and logistics providers, all of whom work together to ensure the smooth flow of goods. TQL | About Us We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 50 list. New to this update, we consider the impact of financial leverage (or the companies use of debt) and their impact on the valuation multiples. If a freight lane has intermodal characteristics that make for a good intermodal lane and can handle an additional day in transit over truck, a shipper can save an average of 15% over truckload. Revenue: $5 to $10 billion (USD) As the 2nd largest freight brokerage firm in the nation, Total Quality Logistics (TQL) ensures customers the secure and timely arrival of shipments from point A to B. 5 Biggest Logistics Companies in the World. XPO Logistics offloads its intermodal division to STG Logistics - Land Line We were correct to be worried about the trucking industry in 2019, but we were very wrong on how resilient Old Dominions business model would power through the industry downturn in 2019, as well as the Companys exceptional performance during pandemic-laden 2020. Freight and logistics stocks are companies that provide transportation and logistics services to move goods from one place to another. Last year however, that dropped by almost 60% to just $4.1 billion. To be included in the Top 50 list, please send contact information to tteditor@ttnews.com. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. $1,075 . The sale of XPO Intermodal was announced in news releases from each of the companies on March 25. 80 M Street SE, Suite 800, Washington, D.C., 20003, 2021 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America. An actual business valuation requires an in-depth analysis of the business operations and associated risk factors that are not always evident from the data on financial statements. Federal regulators are warning railroads that the long trains they favor can cause all kinds of problems and contribute to derailments. XPO Logistics signals intent to spin its Logistics group into two The company has over 43,000 employees and a market capitalization of $4.16 billion which merits its inclusion in our list of the 25 biggest logistics companies in the world. To see if your carrier, asset or non-asset, is operating legally and under what type of operating authority we highly recommend logging into the Federal Motor Carrier Safety Administration (FMCSA) site and input the providers USDOT and MC numbers. Companies like FedEx Corporation (NYSE: FDX ), United Parcel Service (NYSE: UPS ), and XPO Logistics, Inc. (NYSE: XPO) are not just responsible for getting your parcels to your doorstep, but much . Sinotrans is one of the largest logistics services companies in China, with its corporate headquarters in Beijing. In addition,. ), financial institutions, privately held business . US: NASDAQ: YELL: Yellow Corporation: 102.58 HK: HKG: 2057: Some of the stocks below are only tradedover-the-counter (OTC)in the U.S., not on exchanges. Reference requests of current and past customers help in reviewing this facet of the broker. [30][31][32][33][34], In 2023, TQL announced a contribution and partnership with University of Cincinnati athletics. S.F. Robinson Worldwide, a publicly traded . [27] The expansion includes the biggest American flag (30x60) and tallest flagpole (160) in Ohio, Kentucky and Indiana. XPO Logistics spinoff to create new Charlotte public company XPO Logistics, Inc. (NYSE: XPO) is a leading provider of freight transportation services, primarily truck brokerage and less-than-truckload (LTL). 20112022, Forbes America's Best Employers [18], In March 2022, in partnership with the state of Ohio, Lt. Quality Gold, A Leading Vertically Integrated Specialty Logistics and Total Quality Logistics Reviews, Complaints, Customer Service - Revdex.com Top 100 Trucking Companies in 2022 (Infographics) As the stock irrationally sold off in the spring and made only a tepid recovery in the following months, we were able to buy into a well-operated business with plenty of growth drivers at a compelling price. 2023 Fortune Media IP Limited. With Blackstone's bucks behind it, Link Logistics makes its presence As the blue line indicates, while the EBITDA predictions ultimately came to pass, current analyst projections suggest a more robust recovery in EBITDA to levels greater than seen pre-pandemic. The company provides less-than-truckload shipping of general commodities, including consumer goods, textiles, and capital goods. This growth is likely to continue into 2022. 25 years of Exceptional Service THE SECOND-LARGEST FREIGHT BROKERAGE FIRM "Less-Than-Truckload. They also have to optimize procedures that include, but are not limited to, supply chain, production, packaging, inventory management, warehousing, security, material handling, inbound and outbound transportation, and integration of information. Its corporate headquarters are set up in Minnesota, United States. Worried over the impact of the unfolding industrial downtown on the trucking industry, we sold the stock shortly thereafter during the second quarter of 2019. If you do a partial, you'll have to figure out a way to allocate Ord Gain across the different K-1s -- maybe the K-1/Sales Schedule will . Like FedEx Corporation (NYSE: FDX), United Parcel Service, Inc. (NYSE: UPS), J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), Expeditors International of Washington, Inc. (NASDAQ: EXPD) and Schneider National, Inc. (NYSE: SNDR), XPO Logistics, Inc. (NYSE: XPO) is one of the biggest logistics companies in the world. As XPO Logistics Inc. divests its North American intermodal business, STG Logistics Inc. is building up its containerized transportation network. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. It offers logistics services for regional, inter-regional and national routes. Total Quality Logistics employees rate their Executive Team in the Top 35% of similar size companies on Comparably with 1,001-5,000 Employees. The company has 58 locations but is based in North America. GXO Logistics helps companies around the world find supply chain solutions suited to their needs. Trucking companies are part of the global transportation sector, specializing in the movement of goods along roads and highways and key players in the supply chain. ArcBest is a holding company engaged in motor carrier transportation and intermodal transportation operations. [26] Other finalists were United Parcel Service; PayPal; Humble Bundle, Razomfor Ukraine, International Rescue Committee,International Medical Corps and Direct Relief. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions. Holding Co is one of the biggest logistics companies in the world. It has an airline subsidiary as well which goes by the name of Blue Dart Aviation. This compensation may impact how and where listings appear. These industries may be less exposed to some of the risks associated with the freight and logistics industry. An additional article that you may find useful is Freight Costs: An Insiders Look on Freight Pricing Buyers Should Know. Pros As trade laws evolve, A.N. OMAHA, Neb. The trend in enterprise values is not surprising, considering that the freight industry goes through a complete business cycle every four years. Find out where the Top 50 are located by U.S. region. We use cookies on our website. According to a report published by Allied Market Research, the global logistics market was worth $7.6 trillion in 2017 and is expected to reach $12.9 trillion by 2027, which gives it a compound annual growth rate (CAGR) of 6.5%. Three key facts about GXO Logistics: Showed a revenue increase of 18.4% year over year from 2016 to $4.19 billion FAIRFIELD, Ohio and NEW YORK, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Quality Gold, Inc. and certain of its affiliates and subsidiaries ("Quality Gold" or the "Company"), a leading vertically integrated specialty logistics and jewelry distributor, and Tastemaker Acquisition Corp. (Nasdaq: TMKR), a publicly traded special purpose acquisition company led by co-Chief Executive Officers Dave . We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 50 list. All rights reserved Learn More. The number of employees at Schneider National, Inc. (NYSE: SNDR) as of 2021 are above 15,000. 7 Best Transportation Stocks to Buy Now | Kiplinger Nippon Express is a global logistics company with its headquarters in Tokyo, Japan. Kuehne + Nagel International AG is a global transport and logistics services company headquartered in Switzerland. This network, combined with our industry leading technology and unmatched service, has been the key to our growth, plain and simple. It will not touch on every observation in the data. Robinson Worldwide, Inc. (NASDAQ: CHRW) and, a lot of others that we mentioned in our list.