FOR IMMEDIATE RELEASE
Right Price: Modern Freight Brokerage in the U.S. Report Released by Armstrong & Associates, Inc.
West Allis, WI, September 17, 2015 – Modern Domestic Transportation Management/Freight Brokerage looks a lot different today than the “one person, one phone” business model of years past. Affordable IT, economic forces, governmental regulation, and evolving business models have driven significant change in the Domestic Transportation Management (DTM)/Freight Brokerage landscape. While very fragmented, the market has fostered the rapid growth of many new entrepreneurial entrants such as Coyote Logistics, Echo Global, and TQL. This report details the growth of specific DTM/Freight Brokerage operating models and winning business practices, discusses broker roles and compensation, explores customer and carrier relationships, typical gross margins, and highlights recent DTM mergers and acquisitions activity.
Commenting on the report, Evan Armstrong, president of Armstrong & Associates, Inc. (A&A) said, “If you want to know what is going on in the Domestic Transportation Management/Freight Brokerage market, this report is for you. It quantifies what is winning in an increasingly competitive market and what forces have driven change. It is a must read for executives, managers, and new brokers looking for insights into the market and its dynamics. Hopefully everyone who reads the report will come away with some ideas on how to improve their freight brokerage operations, or better procure freight brokerage services.”
Included in the report is detail and commentary on recent M&A activity and A&A’s exclusive Top 100 DTM/Freight Broker list. Below is a list of companies included in A&A’s Top 100 U.S. DTM/Freight Broker List. (The detailed list in the report also includes revenue, employee count, service type, website address, and other information.)
| A&A’s Top 100 U.S. DTM/Freight Broker List
Ranked by 2014 Gross Revenue |
|
| Rank | Company Name |
| 1 | C.H. Robinson |
| 2 | Hub Group (Mode listed separately below.) |
| 3 | Total Quality Logistics |
| 4 | XPO Logistics |
| 5 | Coyote Logistics |
| 6 | Landstar System |
| 7 | Echo Global Logistics |
| 8 | Mode Transportation |
| 9 | Yusen Logistics (Americas) |
| 10 | J.B. Hunt ICS |
| 11 | Transplace |
| 12 | Freightquote.com |
| 13 | BNSF Logistics |
| 14 | Command Transportation |
| 15 | Worldwide Express |
| 16 | TTS |
| 17 | PLS Logistics Services |
| 18 | ReTrans (Kuehne + Nagel) |
| 19 | Allen Lund |
| 20 | Matson Logistics |
| 21 | Unishippers Global Logistics |
| 22 | GlobalTranz Enterprises |
| 23 | SUNTECK |
| 24 | Werner Enterprises VAS |
| 25 | England Logistics |
| 26 | FLS Transportation Services |
| 27 | Trinity Logistics |
| 28 | Roadrunner Transportation Systems |
| 29 | UTi Transport Solutions/ Concentrek |
| 30 | Comprehensive Logistics |
| 31 | M33 Integrated Solutions |
| 31 | Redwood Logistics (formerly TSE) |
| 31 | John J. Jerue Truck Broker |
| 31 | Con-way Multimodal |
| 32 | Cornerstone Systems |
| 33 | AFN |
| 34 | ATS Logistics Services |
| 35 | MIQ Logistics |
| 36 | Choptank Transport |
| 37 | Knight Transportation |
| 38 | Norbert Dentressangle US |
| 39 | USA Truck Strategic Capacity Solutions |
| 40 | Strive Logistics |
| 41 | ABF Logistics |
| 42 | Bear Transportation Services |
| 43 | Diversified Transportation Services |
| 43 | Genpro |
| 44 | Celadon Group |
| 45 | Syfan Logistics |
| 46 | Patterson Companies |
| 47 | Logistics Plus |
| 48 | Network FOB |
| 49 | Swift Transportation |
| 49 | Triple T Transport |
| 50 | Cowan Logistics |
| 51 | Champion Logistics Group |
| 52 | Johanson Transportation Service |
| 53 | Scott Logistics |
| 54 | Averitt Express |
| 55 | RMX Global Logistics |
| 56 | M2 Logistics |
| 57 | Marten Transport |
| 58 | Rockfarm Logistics |
| 59 | GTO 2000 |
| 60 | Addison Transportation |
| 61 | Freight All Kinds |
| 61 | Dupre Logistics Strategic Capacity Services |
| 62 | Dedicated Carriers |
| 62 | ISG Transportation |
| 62 | J.H. Rose Logistics |
| 63 | Knichel Logistics LP |
| 64 | Logistic Dynamics |
| 64 | Blakeman Transportation |
| 65 | Fetch Logistics |
| 65 | I C C I, International Commodity Carriers |
| 66 | Corporate Traffic |
| 67 | Global Transport Logistics |
| 67 | Advance Transportation Systems |
| 67 | Tucker Company Worldwide |
| 67 | All States Transportation |
| 67 | Bridge Logistics |
| 67 | USA Logistics |
| 68 | Pathmark Transportation |
| 69 | Flynn Transportation Services |
| 70 | CTSI Global |
| 70 | L & M Transportation |
| 70 | Legion Logistics |
| 71 | J&A Freight Systems |
| 71 | Overdrive Logistics |
| 72 | Pioneer Transfer |
| 73 | Covenant Transportation Group |
| 74 | Glen Rose Transportation Management |
| 74 | K.T.I. |
| 74 | Taylor Logistics |
| 75 | Des Moines Truck Brokers |
| 76 | Direct Connect Logistix |
| 77 | American Transportation Systems |
| 77 | B-LAK Logistic Services |
| 78 | Dart Advantage Logistics |
| 79 | Atlantic Transportation Services |
Source: Primary, Company Information; Secondary, A&A Estimates
The complete report and other A&A market research can be found at: https://www.3plogistics.com/shopsite/index.html.
ABOUT ARMSTRONG & ASSOCIATES, INC.
Armstrong & Associates, Inc. is a supply chain management market research and consulting firm specializing in 3PL strategic planning, logistics outsourcing, competitive benchmarking, mergers and acquisitions, 3PL service/cost benchmarking, and supply chain systems evaluation and selection. Armstrong & Associates’ Who’s Who in Logistics Online Guide to Global Supply Chain Management provides Internet access to its continually updated 3PL database. Recent research papers include “Big Deal – 2014 Results and 2015 Estimates,” “Global and Regional Infrastructure, Logistics Costs, and Third-Party Logistics Market Trends,” “Trends in 3PL/Customer Relationships,” “3PL Brand Recognition, RFP Activity and Expected Profit Margins for 3PLs – 2013,” and “Mexico: Trucking, Railroads and Third-Party Logistics Market Report.”
For more information, please contact:
Evan Armstrong at +1-414-545-3838, or email Evan@3PLogistics.com.
Cheri Grabowski at +1-414-545-3838, or email Cheri@3PLogistics.com.
Source:
Armstrong & Associates, Inc.
10401 West Lincoln Avenue, Suite 207
West Allis, WI 53227 USA
Phone: +1-414-545-3838 Fax: +1-414-545-3906
Website: www.3PLogistics.com
