The FINANCIAL -- UPS is ranked No.1 in Transport Topics’ annual issue of Top 50 Logistics Companies in North America. UPS also ranked No. 8 on the top warehousing list, No. 10 on the top dedicated contract carriers list, No.15 for the top ocean freight forwarders, and fourth on the list of top air freight forwarders. Coyote Logistics, which UPS acquired in 2015, ranked No. 5 on the list of top freight brokerage firms.
“We continue to deliver for customers with our specialized logistics services while also expanding our network, capabilities, and investments in technology,” said Stan Deans, president, global logistics and distribution. “We provide services from 3D printing to warehousing, ocean freight to overnight shipping, and everything in between. This ranking shows our customers find value in our services.”
UPS added over 320,000 square feet to its healthcare facilities in 2015 and 980,000 square feet to its non-healthcare warehousing facilities. New services like China to Europe rail provide a faster alternative to ocean and a more economical alternative to air shipping. UPS also strengthened its cross-border services for Mexico making it easier for exporters in both countries to ship across the border. UPS Express Critical® service, which provides a broad range of urgent global transportation options, expanded into Mexico last year to complement UPS’s core services by filling the gaps for late cut-offs, weekends and holidays, according to UPS.
The Transport Topics Top 50 Logistics Companies list was compiled based on net revenue and warehousing rankings are based on total square footage. Dedicated contract carriers are ranked on the number of power units provided for shippers. Air freight forwarders are ranked by total metric tons and ocean freight forwarders are ranked on container shipments measured in 20-foot-equivalent units, or TEUs. All reported figures are based on full year data from 2015.