BRK-B
2nd
Berkshire Hathaway
$1.23Tn
571.47
-1.41%
+16.92%
The company owns and operates BNSF, one of the largest North American railroads, which earns revenue by hauling freight such as agricultural goods and industrial items.
UNP
Union Pacific
$176.70Bn
297.36
-3.59%
+36.79%
Union Pacific operates a Class I freight rail network with 32,889 route miles of track, generating revenue from hauling Bulk, Industrial, and Premium commodities. The company's core business is the operation of rail transportation across 23 states, which aligns exactly with the description for Railroads.
UBER
2nd
Uber Technologies
$140.28Bn
68.79
-1.57%
-25.83%
Uber's Freight segment provides a digital marketplace that matches shippers with carriers for freight movement, acting as a logistics coordinator for shipments in North America and Europe.
CSX
Csx
$93.70Bn
50.83
-2.44%
+43.91%
CSX is a leading North American transportation company that operates an extensive rail network of 20,000 route miles. Its primary revenue is generated through freight transportation services, specifically in its merchandise, intermodal, and coal rail segments.
UPS
United Parcel Service
$83.47Bn
111.05
-2.84%
+19.52%
UPS operates an integrated air and ground network to move 5.2 billion packages annually, providing end-to-end parcel delivery services. Its core revenue is driven by the volume of packages handled and the fees charged for these door-to-door shipping services.
CP
Canadian Pacific Kansas City
$81.52Bn
93.75
-0.70%
+33.26%
CPKC owns and operates a freight railway network spanning Canada, the United States, and Mexico, generating revenue through the haulage of bulk commodities, merchandise, and intermodal traffic. The company's core business is the operation of rail transportation as its single operating segment.
CNI
Canadian National Railway
$77.73Bn
126.50
-2.03%
+31.74%
Canadian National Railway operates a rail transportation network spanning 20,000 miles and generates revenue primarily from freight transportation services. It moves over 300 million tons of natural resources and manufactured products for customers across North America.
FDX
Fedex
$74.96Bn
316.85
-3.84%
+53.53%
FedEx operates an integrated air-ground network for time-definite delivery, utilizing a fleet of nearly 700 aircraft and 175,000 vehicles to move packages door-to-door. Its core revenue comes from express package delivery services such as FedEx First Overnight and FedEx Priority Overnight.
NSC
Norfolk Southern
$73.93Bn
329.14
-4.34%
+17.23%
Norfolk Southern operates as a railroad transportation company that owns and operates a rail network to move freight across the United States. Its revenue is primarily derived from railway operating revenues from hauling merchandise, intermodal containers, and coal.
CAH
2nd
Cardinal Health
$61.95Bn
268.03
+2.33%
+36.20%
Through its OptiFreight Logistics segment, the company provides logistics optimization services and integrated technology solutions to improve shipping efficiency for hospitals and pharmacies.
DAL
Delta Air Lines
$56.18Bn
85.39
-4.37%
+45.87%
Delta operates scheduled air transportation for passengers, cargo, and mail across a global network. Its primary revenue is generated from passenger air transportation services, including mainline and regional flights.
MDLN
2nd
Medline
$52.32Bn
39.76
-1.46%
—
The company provides standalone supply chain optimization services, including third-party logistics, outsourced warehouse management, and route planning for its customers.
FER
2nd
Ferrovial
$42.68Bn
59.23
+0.47%
-8.28%
The company owns and operates fixed transportation infrastructure under concessions, generating revenue from toll collection on highways (e.g., 407 ETR, NTE 1-2) and aeronautical/non-aeronautical fees at airports (e.g., Dalaman, JFK NTO).
UAL
United Airlines Holdings
$35.90Bn
110.49
-4.55%
+14.32%
United Airlines Holdings operates a primary business of scheduled air transportation for passengers and cargo. Its revenue is generated from ticket sales to individual and business travelers, as well as ancillary services related to its flight operations.
ODFL
Old Dominion Freight Line
$35.24Bn
170.56
-4.92%
+21.15%
Old Dominion Freight Line is primarily a less-than-truckload (LTL) motor carrier, with over 98 percent of its revenue derived from transporting shipments via its own network of service centers and fleet. It provides regional, inter-regional, and national road freight transportation for manufacturers, retailers, and distributors.
JD
2nd
JD.com
$34.75Bn
28.64
+3.28%
-10.61%
The company operates JD Logistics, which provides technology-driven supply chain solutions, warehousing, distribution, and last-mile delivery services to third-party businesses.
RYAAY
Ryanair Holdings
$30.55Bn
58.53
-0.88%
-8.82%
Ryanair operates scheduled passenger air transportation services across Europe, generating revenue from passenger ticket sales and ancillary fees. The company manages a fleet of Boeing 737 and Airbus A320 aircraft to serve leisure and business travelers.
CPRT
Copart
$30.09Bn
32.48
-0.43%
-22.54%
Copart provides vehicle remarketing and logistics services, earning revenue from transportation, loading, and storage fees. It manages the movement and coordination of salvage vehicles from sellers like insurance companies to a global pool of buyers.
EXPD
Expeditors International Of Washington
$24.46Bn
188.77
-4.51%
+36.87%
Expeditors is a third-party logistics provider that arranges the movement of freight without owning the linehaul assets, specifically purchasing cargo space from airlines, ocean shipping lines, and trucking lines to resell to customers. Its revenue is derived from airfreight consolidation, ocean freight forwarding as an NVOCC, and supply-chain management services.
LUV
Southwest Airlines
$21.72Bn
44.37
-4.44%
+40.32%
Southwest Airlines operates a major passenger airline providing scheduled air transportation, with revenue coming chiefly from passenger fares for scheduled flights. The company maintains a fleet of 803 Boeing 737 aircraft to serve 117 destinations.
XPO
Xpo
$20.65Bn
176.47
-6.25%
+27.56%
XPO operates one of the largest Less-Than-Truckload (LTL) networks in North America and provides full truckload and dedicated truckload services. Its primary revenue is derived from moving freight by road for approximately 55,000 customers across North America and Europe.
JBHT
Hunt J B Transport Services
$20.41Bn
218.99
-3.55%
+28.63%
The company operates a massive fleet of company-owned trucks and trailers to provide full-truckload, dry-van, and dedicated contract services. Its JBT and DCS segments specifically focus on moving freight over roads and highways using tractors and trailers.
FDXF
FedEx Freight Holding Company
$18.70Bn
124.70
-3.63%
—
The company is the largest North American less-than-truckload (LTL) freight carrier, operating a fleet of nearly 30,000 motorized vehicles, including 17,000 tractors. It generates revenue by moving goods via road through services like FedEx Freight Priority and FedEx Freight Economy.
RBA
Rb Global
$17.55Bn
94.80
-0.32%
-2.90%
RB Global operates as an omnichannel marketplace and auctioneer, coordinating the movement and sale of commercial assets and vehicles through brands like Ritchie Bros. and IAA. It earns revenue from commissions and service fees for facilitating transactions and managing logistics for buyers and sellers.
ZTO
ZTO Express (Cayman)
$16.46Bn
20.81
+1.07%
+10.16%
ZTO Express operates an integrated express delivery network in China, providing domestic and international parcel delivery services for items under 50 kilograms. Its revenue is driven by network transit fees for sorting and line-haul transportation, as well as direct services to e-commerce platforms and merchants.
W
2nd
Wayfair
$15.43Bn
113.45
-8.16%
+12.48%
Wayfair earns fees from logistics services including warehousing, order fulfillment, and last-mile delivery provided to suppliers through its CastleGate and Wayfair Delivery Network.
CHRW
C. H. Robinson Worldwide
$14.88Bn
128.31
-4.13%
-16.21%
C. H. Robinson is a global logistics provider that arranges the movement of freight across truckload, LTL, ocean, and air modes without owning the linehaul assets. It earns revenue through brokerage margins by connecting shippers with contract carriers and providing third-party logistics (3PL) and fourth-party logistics (4PL) solutions.
WCC
2nd
Wesco International
$13.91Bn
285.83
-9.97%
+11.40%
The company provides substantive logistics and supply chain solutions, including warehousing, inventory management, kitting, labeling, and transportation services as a core part of its business model.
LTM
Latam Airlines
$13.49Bn
46.97
-1.72%
+5.38%
The company operates a unified network of airlines providing domestic and international passenger flights, generating the vast majority of its revenue (87.0%) from passenger ticket sales and ancillary services.
AZUL
Azul
$13.31Bn
4.40
-7.76%
—
Azul operates scheduled air transportation for passengers and cargo, with passenger ticket sales representing 92.4% of its total net revenue. The company manages a fleet of aircraft to serve 160 destinations with approximately 970 daily departures.
PAC
Pacific Airport
$12.41Bn
245.65
-0.51%
+12.68%
The company operates and develops a portfolio of 14 international airports under long-term government concessions. Its revenue is derived from airport infrastructure fees, landing fees, and passenger service charges, which fits the description of operating fixed transportation infrastructure.
DPZ
2nd
Dominos Pizza
$11.24Bn
341.63
+0.28%
-14.68%
The company operates a dedicated supply chain segment that manufactures and distributes dough, ingredients, and packaging to its franchisees. This involves managing the logistics and movement of freight to support its store network.
R
Ryder System
$10.31Bn
269.86
-4.69%
+61.05%
Ryder's largest revenue segment is Supply Chain Solutions (43%), which provides port-to-door logistics, distribution management, transportation brokerage, and e-commerce services. These activities match the description of arranging and managing the movement of freight and supply-chain management services.
FRO
Frontline
$9.91Bn
44.53
-8.15%
+90.87%
Frontline owns and operates a global fleet of oil and product tankers, including VLCCs, Suezmax, and Aframax vessels. Its primary revenue is generated by transporting crude oil and refined petroleum products for major oil companies and trading firms via spot and time charter agreements.
KNX
Knight-Swift Transportation Holdings
$9.68Bn
59.48
-4.66%
+33.42%
The company is one of North America's largest freight transportation companies, operating a massive fleet of over 21,000 tractors in its Truckload segment and over 4,000 tractors in its LTL segment. It generates the majority of its revenue from full truckload and less-than-truckload road freight transportation using company-owned and contractor-operated tractors.
BIPH
Brookfield Infrastructure Partners
$9.40Bn
14.88
-1.46%
-12.21%
The company owns and operates a vast portfolio of transportation infrastructure, including toll roads (3,200 km of highways in Brazil), port operations in the UK, Australia, and New Zealand, and rail networks. It generates revenue from tolls, access charges, and transportation fees, which is the defining characteristic of I-24.
LINE
2nd
Lineage
$9.01Bn
39.53
+2.38%
+4.36%
Through its Global Integrated Solutions segment, the company provides freight forwarding and transportation services to move products through the food supply chain. These activities involve coordinating the movement of freight, which is the core of the logistics industry.
SAIA
Saia
$8.94Bn
335.17
-7.34%
+18.46%
Saia is primarily a less-than-truckload (LTL) carrier, with approximately 97 percent of its revenue coming from transporting shipments between 100 and 10,000 pounds using its own fleet of 7,700 tractors and 26,500 trailers.
AAL
American Airlines
$8.57Bn
12.93
-5.14%
-3.65%
American Airlines operates scheduled passenger air transport, generating the vast majority of its revenue from passenger ticket sales and ancillary offerings. The profile explicitly states it serves leisure and business travelers across a broad network of domestic and international destinations.
TFII
TFI International
$8.16Bn
96.69
-3.58%
+8.76%
TFI International operates significant Truckload (TL) and Less-Than-Truckload (LTL) segments, providing pickup, consolidation, and delivery of freight using its own fleet of closed vans and specialized equipment.
ASR
Southeast Airport
$7.33Bn
264.53
-0.42%
-14.94%
The company owns and operates airport concessions, generating revenue from landing fees, passenger charges, and aircraft parking. This matches the description of operating fixed transportation infrastructure under concession.
GLBE
2nd
Global-E Online
$7.32Bn
43.33
-3.56%
+19.14%
The company has a substantial fulfillment services business, accounting for 53-54% of its revenue, which covers shipping, handling, customs clearance, and related logistics for merchants delivering goods to international buyers.
MATX
Matson
$6.40Bn
214.12
+1.23%
+94.99%
Matson operates a fleet of container vessels, roll on/roll off ships, and specialized barges to provide ocean transportation between the U.S. mainland and Pacific islands. Its primary revenue is generated from freight charges for containerized cargo and terminal handling fees.
KEX
Kirby
$6.30Bn
119.40
-6.70%
+12.38%
Kirby is the nation's largest domestic tank barge operator, generating the majority of its revenue from marine transportation fees for moving bulk liquid cargoes like petrochemicals and refined petroleum products via inland and coastal waterways.
GXO
GXO Logistics
$6.24Bn
55.19
-3.04%
+5.04%
GXO is a pure play contract logistics provider that manages warehousing, distribution, order fulfillment, and reverse logistics for large corporations. Its revenue is derived from providing these supply chain management services to over 1,000 customers across various verticals.
UGP
2nd
Ultrapar Holdings
$5.94Bn
5.56
-0.89%
+35.94%
The Hidrovias segment operates a fleet of barges and pushers to provide waterway logistics and transportation for grains, minerals, and fertilizers across South America.
CPA
Copa Holdings
$5.84Bn
141.91
-2.85%
+11.15%
Copa Holdings operates passenger airlines providing scheduled flights to 84 destinations, with 94.8% of its 2025 revenue coming from passenger ticket sales. The company manages a fleet of Boeing 737 aircraft to transport leisure and business passengers across the Americas and Caribbean.
OMAB
Central North Airport
$5.26Bn
109.06
+0.62%
+1.92%
The company's core business is operating a network of 13 international airports, earning revenue from landing fees, passenger charges, and aircraft parking. It operates these fixed transportation assets under long-term concession rights.
JOBY
2nd
Joby Aviation
$5.25Bn
5.32
+5.35%
-64.53%
Joby operates its own 'Owned & Operated Air Taxi Service' to provide on-demand aerial ridesharing for urban commuters in cities like New York and Dubai.
CMBT
Cmb.Tech
$5.21Bn
16.49
-3.28%
+81.21%
The company owns and operates a massive fleet of approximately 250 seagoing vessels, including dry bulk carriers, crude oil tankers, chemical tankers, and container ships. Its primary revenue is generated from chartering these vessels on spot and time charter markets for the transport of cargo.
SNDR
Schneider National
$4.95Bn
28.24
-5.30%
+26.24%
Schneider National operates a significant Truckload segment providing over-the-road freight transportation using company-owned trucks and trailers for dry van, bulk, and temperature-controlled loads.
LSTR
Landstar System
$4.90Bn
145.48
-3.81%
+13.66%
The company describes itself as an 'asset-light provider of integrated transportation management solutions' that utilizes a network of agents and third-party capacity providers. It generates revenue by arranging freight across multiple modes, including truckload, rail intermodal, air, and ocean cargo, which aligns with the freight brokerage and 3PL model.
KBR
2nd
Kbr
$4.80Bn
38.05
-4.06%
-11.04%
KBR provides integrated supply chain and logistics support as a core part of its mission-critical programs for government and military agencies.
INSW
International Seaways
$4.67Bn
94.31
-5.44%
+88.09%
International Seaways owns and operates a fleet of tankers for the international shipment of crude oil and refined petroleum products. Its revenue is generated through voyage, time, and bareboat charters for moving cargo across global trade routes.
HAFN
Hafnia
$4.65Bn
9.33
-4.89%
+50.97%
Hafnia operates as one of the world's largest owners and operators of chemical and product tankers, providing ocean freight transportation for oil, oil products, and chemicals. Its revenue is generated primarily through chartering its fleet of LR2, LR1, MR, and Handy vessels to international oil and chemical companies.
RXO
Rxo
$4.60Bn
27.87
-1.83%
+58.17%
Rxo operates an asset-light brokered transportation platform where its largest component is the core truck brokerage business, matching shippers with independent carriers. It also provides freight forwarding, customs brokerage, and managed transportation services, which are the defining activities of the Logistics industry.
BCO
2nd
Brinks
$4.53Bn
109.86
-2.62%
-3.51%
The company operates a Brink’s Global Services (BGS) line that provides secure transport, customs clearance, and inventory management for high-value commodities like diamonds, electronics, and pharmaceuticals, acting as a specialized logistics provider.
COLD
2nd
Americold Realty Trust
$4.51Bn
15.79
+4.16%
+23.65%
The company operates a Transportation segment that earns income by brokering, managing, and providing multimodal global freight forwarding and consolidation services for frozen and perishable goods.
ALK
Alaska Air
$4.32Bn
38.68
-3.28%
-7.60%
Alaska Air Group operates multiple airlines, including Alaska Airlines and Hawaiian Airlines, providing scheduled air transportation of passengers. Passenger fares account for 90 percent of its total revenue.
STNG
Scorpio Tankers
$4.18Bn
80.71
-5.14%
+31.66%
Scorpio Tankers operates a fleet of 90 tankers (LR2, MR, and Handymax) to provide seaborne transportation of crude oil and refined petroleum products. Its revenue is derived from time charter agreements, spot market voyages, and commercial pools for the maritime movement of energy commodities.
CAAP
Corporacion America Airports
$4.08Bn
24.70
-1.52%
+11.71%
The company owns and operates airport concessions under long-term agreements with governmental authorities, earning revenue from landing, takeoff, and passenger fees. Its core business is the management of fixed transportation infrastructure, specifically 52 airports including Ezeiza and Brasília.
WSFS
2nd
Wsfs Financial
$4.00Bn
79.13
-2.41%
+46.70%
Through its Cash Connect® segment, the company provides cash logistics services and supplies ATM vault cash to non-bank ATMs and safes nationwide.
ACVA
2nd
ACV Auctions
$3.68Bn
10.50
-0.10%
+21.11%
The company earns fees from value-added services including transportation and logistics, and its Remarketing Centers provide physical storage and vehicle preparation for commercial consignors.
PKX
2nd
Posco Holdings
$3.67Bn
48.59
-5.83%
-9.60%
The company operates a Logistics and Others segment that provides integrated logistics solutions and supply chain services to manufacturers and commodity traders.
TRMD
Torm
$3.48Bn
34.31
-8.85%
+60.63%
TORM is one of the world's largest carriers of refined oil products, operating a fleet of 93 owned or chartered vessels. It generates its primary revenue from voyage charters and spot market activities for the transportation of gasoline, jet fuel, and other petroleum products.
GEF
2nd
Greif
$3.48Bn
73.23
-4.76%
+27.82%
Greif provides standalone packaging services including container life cycle management, logistics, and warehousing to supplement its product sales.
TDW
2nd
Tidewater
$3.43Bn
69.00
-6.19%
+34.77%
The company operates a diversified fleet of 208 offshore service vessels and support vessels, providing freight and transportation of equipment and personnel via sea. This activity constitutes the core operational mechanism of its business, providing marine shipping services to the energy sector.
GEO
2nd
Geo
$3.33Bn
25.14
-8.68%
+49.55%
The company provides secure transportation services domestically and internationally through its joint venture GEOAmey.
ZIM
ZIM Integrated Shipping Services
$3.30Bn
27.43
-3.55%
+81.54%
ZIM is a global container liner shipping company that operates a fleet of container vessels and vehicle carriers to move cargo between ports worldwide. Its primary revenue is generated from freight charges for transporting containerized cargo and moving vehicles between Asia, Europe, and the Americas.
DHT
DHT Holdings
$3.28Bn
20.41
-7.48%
+54.27%
DHT Holdings operates a fleet of very large crude oil carriers (VLCCs) for the international transportation of crude oil. Its revenue is generated from charter hire earned through time charters and spot market contracts with oil producers and energy trading houses.
BWLP
2nd
Bw Lpg
$3.28Bn
21.64
-4.16%
+59.94%
The company owns and operates a fleet of 54 very large gas carriers (VLGCs) and generates $703.5 million in shipping revenue from spot voyages and time charters for the seaborne transport of LPG.
SEB
2nd
Seaboard
$3.27Bn
3,413.52
-0.51%
-7.29%
The Marine segment provides dry and refrigerated cargo shipping services between the United States, the Caribbean, and Central and South America using a fleet of owned and chartered vessels.
SKYW
Skywest
$3.04Bn
79.88
-3.07%
-19.09%
SkyWest operates as the largest regional airline in the U.S., providing scheduled passenger service through its primary entity, SkyWest Airlines. Its core revenue is generated from capacity purchase agreements with major airline partners like United, Delta, American, and Alaska.
SBLK
Star Bulk Carriers
$3.01Bn
26.50
-2.57%
+43.94%
Star Bulk Carriers owns and operates a fleet of dry bulk vessels to transport commodities like iron ore, minerals, and grain. It generates revenue through voyage charters, time charters, and contracts of affreightment for ocean freight transportation.
ARCB
Arcbest
$2.95Bn
133.57
-4.11%
+88.76%
ArcBest operates a significant asset-based business through ABF Freight, which provides less-than-truckload (LTL) carriage across North America using its own fleet of tractors and trailers. This segment accounted for approximately 66% of total revenues in 2025.
ECO
Okeanis Eco Tankers
$2.88Bn
81.14
-4.46%
+145.43%
Okeanis Eco Tankers is an owner and operator of a fleet of Suezmax and VLCC tanker vessels used for the transportation of crude oil. Its revenue is generated through chartering these vessels under voyage, time, and bareboat arrangements.
TNK
Teekay Tankers
$2.83Bn
81.89
-7.82%
+34.25%
Teekay Tankers is an international provider of marine transportation that owns and operates a fleet of crude oil and product tankers. Its primary revenue is generated from voyage charters and time charters to transport oil and refined products globally.
DAC
Danaos
$2.72Bn
148.76
-2.32%
+61.94%
Danaos owns and operates a fleet of container ships and drybulk carriers, generating revenue from charter hire and voyage charters. Its primary business is the ocean freight transportation of containers and bulk commodities like iron ore and coal.
CXW
2nd
CoreCivic
$2.45Bn
28.38
-7.07%
+52.25%
The company provides transportation services for offenders through its subsidiary, TransCor America LLC, as part of its CoreCivic Safety segment.
NMM
Navios Maritime Partners
$2.41Bn
84.12
-1.81%
+73.69%
Navios Maritime Partners is an owner and operator of dry cargo, tanker, and containership vessels. It generates revenue by chartering these vessels to transport commodities like iron ore, oil, and grain across global shipping routes.
TMDX
2nd
TransMedics
$2.40Bn
68.98
-5.18%
-44.58%
Through its National OCS Program (NOP), the company provides an outsourced service that manages organ procurement and transplant logistics, coordinating the movement of organs for transplant centers.
ALGT
Allegiant Travel
$2.39Bn
87.59
+7.43%
+20.70%
The company operates a low-cost passenger airline providing scheduled nonstop flights between small cities and vacation destinations. Its primary revenue is generated from selling scheduled service air transportation and related ancillary air products.
TRN
2nd
Trinity Industries
$2.39Bn
30.53
-4.41%
+16.26%
Through its RSI Logistics brand, the company provides logistics solutions and digital terminal management services to improve supply chain efficiency for its customers.
VVX
2nd
V2X
$2.32Bn
73.93
-4.41%
+31.43%
The company provides integrated supply chain management, including smart warehouse operations and distribution logistics, as well as the Logistics Civil Augmentation Program V.
AERO
Grupo Aeromexico, S.A.B. de C.V
$2.28Bn
15.63
-1.82%
-23.19%
Grupo Aeroméxico is a public air carrier providing scheduled passenger transportation, with passenger ticket sales and ancillaries accounting for 90.7% of its total revenue. It operates a hub-and-spoke network for both business and leisure travelers.
SEAL-PA
Seapeak
$2.19Bn
25.17
+0.08%
-1.99%
Seapeak owns and operates a fleet of carriers to transport liquefied natural gas (LNG) and natural gas liquids (NGLs) for energy and utility customers. Its primary revenue is generated through time charter agreements for these marine transportation services.
PBI
2nd
Pitney Bowes
$2.12Bn
15.62
-2.44%
+64.77%
The Presort Services segment operates as a logistics provider, picking up mail from clients, sorting it to qualify for USPS discounts, and delivering it into the postal network using a fleet of drivers and vehicles.
DXPE
2nd
Dxp Enterprises
$2.06Bn
132.49
-16.35%
+8.59%
The Supply Chain Services segment provides third-party logistics and supply chain management, including inventory optimization, store room management, and vendor oversight for its customers.
LPG
Dorian Lpg
$1.97Bn
46.01
-6.86%
+55.60%
Dorian LPG operates a fleet of 25 very large gas carriers (VLGCs) to transport liquefied petroleum gas on global trade routes. Its revenue is generated from charter hire, spot voyages, and contracts of affreightment for moving cargo by sea.
PONY
2nd
Pony AI
$1.94Bn
4.47
-5.89%
-72.49%
The company provides autonomous freight solutions through its Robotruck Services segment, earning logistics fees from freight movements in partnership with Sinotrans and SANY.
CSANY
2nd
Cosan
$1.85Bn
1.87
+3.89%
-58.35%
The company owns Rumo, which is described as Latin America's largest rail logistics operator, owning and operating a rail network to move agricultural commodities to ports.
WERN
Werner Enterprises
$1.68Bn
27.96
-4.70%
+4.95%
The company's primary revenue driver is its Truckload Transportation Services segment, which accounts for 69% of operating revenues. This segment moves freight using dry van, temperature-controlled, and specialized trailers for customers like retail distribution centers and manufacturing facilities.
PLBL
2nd
Polibeli
$1.66Bn
5.20
-4.59%
-34.84%
Polibeli provides warehousing, logistics, and returns processing services to its suppliers and retailer customers for a fee.
ULCC
Frontier Group Holdings
$1.64Bn
7.12
+0.42%
+84.94%
Frontier Group Holdings operates Frontier Airlines, which provides scheduled passenger air transport throughout the United States and the Americas. Its revenue is primarily generated from passenger fares and ancillary services like baggage fees and seat selection.
DSGR
2nd
Distribution Solutions
$1.62Bn
34.99
-0.09%
+29.88%
The Gexpro Services segment provides global supply chain solutions, including global logistics, kitting, and import expertise, arranging the movement of freight and materials for over 2,100 customers.
SFL
Sfl
$1.59Bn
10.98
-5.99%
+47.38%
SFL Corporation Ltd. primarily owns and operates a diverse fleet of tankers, container vessels, car carriers, and dry bulk carriers, generating revenue from charter hire. Its customers include major shipping lines like Maersk and MSC, and commodity traders like Trafigura and Vitol.
CMRE
Costamare
$1.54Bn
12.80
-2.74%
-3.83%
Costamare is an owner and operator of containerships that provides worldwide transportation of containerized cargoes. Its primary revenue is generated through time charter agreements with leading liner companies like Maersk and MSC.
HUBG
Hub
$1.52Bn
25.08
-6.97%
-29.79%
Hub Group operates as a comprehensive supply chain solutions provider, offering non-asset-based services such as freight brokerage, transportation management, and shipment optimization. Its Logistics segment specifically focuses on arranging truckload, LTL, and expedited moves through third-party carriers under brokerage agreements.
FLNG
Flex LNG
$1.40Bn
25.96
-3.31%
-0.57%
Flex LNG is a commercial operator of a fleet of thirteen LNG carriers used for the marine transportation of liquefied natural gas. Its revenue is generated through time charter agreements and spot market rates for transporting cargo by sea.
LQDT
2nd
Liquidity Services
$1.40Bn
44.72
-4.36%
+90.54%
The company generates additional revenue from value-added service offerings, specifically mentioning logistics and merchandising support for the movement of surplus assets.
GSL
Global Ship Lease
$1.39Bn
38.71
-3.47%
+21.65%
Global Ship Lease owns and operates a fleet of 71 containerships, which it charters out to shipping lines like Maersk and MSC. Its primary revenue is generated from daily hire fees for the transportation of cargo by sea.
NAT
Nordic American Tankers
$1.38Bn
6.53
-6.85%
+82.91%
Nordic American Tankers operates a fleet of Suezmax crude oil tankers to provide ocean freight transportation. Its revenue is generated by chartering these vessels to international oil companies and traders under spot voyage agreements and time charter contracts.
TEN
Tsakos Energy Navigation
$1.33Bn
44.05
-5.82%
+84.08%
The company operates a fleet of 64 vessels, including crude oil tankers, product tankers, and LNG carriers, to provide international seaborne transportation services. Revenue is generated through chartering these vessels to oil companies, traders, and refiners via time charters and spot voyages.
JBLU
Jetblue Airways
$1.32Bn
3.49
-1.97%
-18.65%
JetBlue operates as a low-cost airline providing scheduled passenger air transportation services across the US, Caribbean, Latin America, Canada, and Europe. Its primary revenue is generated through passenger airfare and the operation of flights to 112 destinations.
DOLE
2nd
Dole
$1.31Bn
13.84
+0.07%
+6.54%
The company operates a commercial cargo business using company-owned vessels to transport third-party cargo between Latin America, North America, and Europe, generating revenue from marine shipping services.
DMC
2nd
Del Monte
$1.30Bn
27.63
-3.80%
-24.14%
Through its Network Shipping business, the company provides ocean freight services using refrigerated container vessels to move goods between Central/South America and the U.S.
NVGS
Navigator Holdings
$1.28Bn
19.57
-3.83%
+15.59%
Navigator Holdings owns and operates a fleet of fifty-six liquefied gas carriers to transport products like LPG, ethane, and ammonia. Its primary revenue is generated from chartering these vessels via time charters and spot market voyages for customers such as ExxonMobil and Shell.
CCEC
Capital Clean Energy Carriers
$1.23Bn
20.73
-1.80%
+4.07%
The company is an international owner of ocean-going vessels primarily engaged in the marine transportation of LNG, LPG, and other energy transition gases. It generates revenue through time and bareboat charters of its fleet to major energy and commodity traders like BP and Qatar Energy Trading.
GNK
Genco Shipping & Trading
$1.10Bn
25.32
+2.55%
+51.07%
Genco Shipping & Trading is a pure play drybulk ship owning company that provides ocean freight transportation for commodities like iron ore, coal, and grain. It generates revenue through chartering its fleet of 45 drybulk vessels (including Capesize and Supramax) to customers such as Rio Tinto and Vale.
TK
Teekay
$1.07Bn
12.49
-6.93%
+28.76%
Teekay operates a fleet of approximately 54 conventional tankers and generates the majority of its revenue from chartering these vessels for the international transportation of crude oil and refined products. Its core business involves spot voyage contracts, time-charter agreements, and ship-to-ship lightering operations for energy companies and oil traders.
VTOL
Bristow
$1.06Bn
36.60
-5.67%
-5.55%
Bristow operates as an aviation service provider, flying passengers and personnel via helicopters and fixed-wing aircraft. Its revenue is derived from passenger ticket sales through Airnorth and charter/transportation contracts for offshore energy and government customers.
VLRS
Controladora Vuela Compania de Aviacion, S.A.B. de C.V
$1.03Bn
7.31
-1.35%
+7.50%
The company is an ultra low cost carrier that provides scheduled air transportation for passengers, cargo, and mail. Its revenue is primarily generated from passenger ticket sales, which accounted for approximately 94.9% of total operating revenue in 2025.
SID
2nd
National Steel
$1.03Bn
0.78
+0.00%
-51.25%
The company operates port terminals (TECAR and TECON) and holds stakes in railway operators (MRS, TLSA, FTL) to provide multimodal logistics services.
HEPS
2nd
D-MARKET Electronic Services & Trading
$978.80Mn
2.74
-2.14%
+15.61%
The company operates a substantial last-mile logistics business, generating ₺12.3 billion in revenue by providing delivery services through its own fleet and partner carriers.
MRTN
Marten Transport
$978.31Mn
11.98
-3.07%
+19.68%
Marten Transport operates a large fleet of trucks providing full-load truckload and dedicated transportation services for temperature-sensitive and dry freight. Its core revenue is generated from moving goods by road across the United States, Mexico, and Canada.
DAKT
2nd
Daktronics
$925.30Mn
19.24
-5.31%
-2.53%
The company has a dedicated Transportation segment that sells intelligent transportation systems, dynamic message signs, and mass transit displays specifically for road and transit infrastructure customers.
RJET
Republic Airways Holdings
$913.04Mn
19.87
-3.07%
-5.38%
Republic Airways Holdings operates a fleet of 275 regional jet aircraft providing scheduled passenger service to approximately 130 cities. Its core business is flying passengers, although it does so under Capacity Purchase Agreements for major airlines like American, Delta, and United.
GLOP-PA
GasLog Partners
$906.55Mn
25.06
+0.12%
-2.07%
GasLog Partners owns and operates a fleet of 11 liquefied natural gas (LNG) carriers for the transportation of LNG worldwide. Its revenue is derived from chartering these vessels to international energy companies and utilities under time charter agreements.
TLSS
Transportation & Logistics Systems
$824.52Mn
0.14
+40.00%
—
The company operated as a holding company for subsidiaries providing asset-based logistics, including warehousing, consolidating, and distribution services. Specifically, subsidiaries like Freight Connections offered transportation, warehousing, and local cartage services to regional clients.
SXC
2nd
SunCoke Energy
$822.44Mn
9.69
-7.27%
+39.42%
The company operates an Industrial Services segment that provides material handling, mixing, transloading, and storage services at various terminals for coal, coke, steel, and power customers.
CVLG
Covenant Logistics
$821.73Mn
32.38
-3.97%
+60.93%
The company operates primarily in the truckload market, maintaining a fleet of approximately 2,300 tractors across its Expedited and Dedicated segments. It generates revenue by charging customers for road transportation services based on mileage and accessorial fees.
CYRX
Cryoport
$813.51Mn
16.05
-3.89%
+88.16%
Cryoport provides integrated, temperature-controlled supply chain solutions and BioLogistics for the life sciences industry, managing the movement of high-value biological materials. Its revenue is derived from specialized transportation services, including the coordination of cell and gene therapies across global supply chains.
HTLD
Heartland Express
$785.65Mn
10.16
-5.22%
+31.61%
Heartland Express provides asset-based dry van truckload transportation services across the United States through its Heartland Express, Millis Transfer, and Smith Transport brands. It generates revenue by charging customers based on miles hauled and rates per load for its truckload services.
ULH
Universal Logistics Holdings
$777.06Mn
29.47
-9.93%
+86.52%
The company provides an integrated portfolio of transportation and logistics services, including contract logistics, value-added services, and supply chain support for manufacturers and retailers. Its 'Contract Logistics' segment specifically focuses on managing inbound and internal logistics requirements, including warehousing, kitting, and cross-dock operations.
CYD
2nd
China Yuchai International
$750.37Mn
20.00
-7.28%
-46.50%
The company produces and sells engines for marine applications, serving marine operators as a distinct customer segment.
HTT
2nd
High Templar Tech
$735.80Mn
1.74
-3.33%
-64.85%
The company operates a last mile delivery service under the Fast Horse brand in Australia, serving retail consumers and businesses that require parcel delivery services.
SB
Safe Bulkers
$720.93Mn
7.05
-4.47%
+50.00%
Safe Bulkers provides marine drybulk transportation services, owning and operating a fleet of 45 vessels to transport cargoes like coal, grain, and iron ore. Its revenue is generated through chartering these vessels to major commodity traders and shipping lines via period, spot, and voyage charters.
HSHP
Himalaya Shipping
$697.42Mn
14.95
-2.99%
+95.94%
Himalaya Shipping operates a fleet of Newcastlemax dry bulk vessels to provide maritime transportation of commodities like iron ore, bauxite, and coal. Its revenue is generated through charter agreements where customers pay hire rates for the use of these vessels.
ASC
Ardmore Shipping
$695.69Mn
17.08
-7.43%
+37.08%
Ardmore Shipping operates a fleet of mid-size product and chemical tankers to provide seaborne transportation of petroleum products and chemicals worldwide. Its revenue is derived from freight rates earned on voyages and time charter arrangements for transporting liquid cargoes like gasoline, jet fuel, and methanol.
CDLR
Cadeler A
$644.01Mn
7.34
-71.36%
-57.91%
Cadeler operates a fleet of specialized offshore jack-up vessels used for the transportation and installation of wind turbine generators and foundations. Its revenue is generated through chartering these vessels to customers like Ørsted and Vattenfall for marine-based freight and installation services.
JMIA
2nd
Jumia Technologies AG
$634.13Mn
5.12
-5.71%
-53.58%
Jumia operates a Logistics segment providing end-to-end fulfillment, warehousing, and last-mile delivery, including a 'logistics-as-a-service' offering called Jumia Delivery for third-party businesses.
PKOH
2nd
Park Ohio Holdings
$573.14Mn
39.61
-8.94%
+87.99%
The Supply Technologies segment provides total supply chain management outsourcing, including strategic sourcing, procurement of over 280,000 components, and just-in-time delivery through 80 logistics service centers.
FWRD
Forward Air
$571.15Mn
16.93
-11.27%
-4.30%
Forward Air describes itself as an asset-light provider of transportation services, specifically offering international freight forwarding, customs brokerage, and supply chain management through its Omni Logistics segment, which represents 50% of its revenue.
GTMAY
Grupo Tmm Sab
$523.66Mn
3.00
+0.00%
+29,900.00%
The company's primary revenue driver is its Maritime Operations segment, which provides offshore vessel services, tankers for petroleum and chemicals, and bulk carriers. It operates a fleet including vessels like Redfish 4 and Beluga 2 under charter contracts with PEMEX.
BIPC
2nd
Brookfield Infrastructure
$493.18Mn
37.90
-1.25%
-18.41%
The company operates a global intermodal logistics business that leases and sells intermodal containers and chassis to the world's largest container shipping lines.
PANL
Pangaea Logistics Solutions
$482.54Mn
7.37
-1.86%
+47.99%
Pangaea Logistics Solutions provides seaborne drybulk transportation services, operating a fleet of bulk carriers including high ice class vessels. Its revenue is generated through contracts of affreightment, voyage charters, and time charters for moving commodities like iron ore and coal by sea.
SRTA
2nd
Strata Critical Medical
$469.82Mn
5.26
+0.77%
+13.85%
The company operates a large air and ground logistics network for the transportation of human organs, staff, and equipment. It utilizes an asset-light model with third-party operators and capacity purchase agreements to coordinate the movement of time-critical medical freight.
AENT
2nd
Alliance Entertainment Holding
$463.96Mn
4.25
-3.19%
-36.57%
The company provides third-party logistics, warehousing, order fulfillment, and drop ship fulfillment services for brands and retailers through its Distribution Solutions and logistics offerings.
ESEA
Euroseas
$446.21Mn
63.24
-2.81%
+6.91%
Euroseas operates a fleet of 22 containerships providing worldwide ocean-going transportation services. It generates revenue through time charter and voyage charter agreements for transporting containerized cargoes for customers like Maersk and Hapag Lloyd.
CMDB
Costamare Bulkers Holdings
$431.14Mn
17.83
-1.82%
+35.28%
Costamare Bulkers is an owner and operator of dry bulk vessels that transports commodities like iron ore, coal, and grain. Its primary revenue is generated from charter hire earned on its owned fleet of 31 dry bulk carriers.
RLGT
Radiant Logistics
$422.52Mn
9.01
-5.95%
+45.56%
Radiant Logistics is a non-asset-based third-party logistics provider that generates revenue through freight forwarding and freight brokerage services. It arranges shipments across air, ocean, truckload, and intermodal modes without owning the underlying linehaul assets.
FIP
FTAI Infrastructure
$347.45Mn
2.94
+6.91%
-42.91%
The company operates the Railroad segment, which includes the Transtar and Wheeling railway systems providing freight rail services for commodities like energy products and chemicals. This is presented as a core business line serving industrial facilities such as U.S. Steel.
AFRI
2nd
Forafric Global
$332.43Mn
12.35
-3.89%
+28.78%
The company operates a dedicated logistics subsidiary, Finalog, which manages the transport, handling, and storage of cereals and provides these services to other companies via facility rentals.
GASS
StealthGas
$292.65Mn
7.87
-5.07%
+15.91%
StealthGas owns and operates a fleet of liquefied petroleum gas (LPG) carriers to provide international seaborne transportation services. It generates revenue from chartering these vessels (time, voyage, and spot charters) to transport propane, butane, and other petrochemical gases.
SHIP
Seanergy Maritime Holdings
$292.43Mn
13.85
-4.22%
+63.52%
Seanergy Maritime Holdings is an international shipping company that provides ocean freight transportation for dry bulk commodities like iron ore, coal, and grains. Its primary revenue is derived from time charter and bareboat charter agreements for its fleet of Capesize and Newcastlemax vessels.
PMTS
2nd
CPI Card
$287.28Mn
24.70
-12.54%
+73.94%
The company provides fulfillment and distribution services for finished cards, including kitting and delivery to end users, which constitutes a contract logistics and supply-chain management activity.
KNOP
KNOT Offshore Partners
$285.44Mn
8.48
-3.20%
-13.82%
KNOT Offshore Partners owns and operates a fleet of nineteen shuttle tankers used to transport crude oil and condensates from offshore installations to onshore terminals. Its revenue is primarily generated from charging customers for the hire of these vessels under long-term time and bareboat charters.
PAMT
Pamt
$274.34Mn
13.10
+5.82%
+27.93%
PAMT CORP operates as a truckload dry van carrier using company-owned trucks and contractors to transport general commodities, automotive parts, and consumer goods. This asset-based truckload service represents the majority of its revenue (68.3% for the year ended December 31, 2025).
DSX
Diana Shipping
$269.78Mn
2.33
-3.32%
+38.69%
Diana Shipping owns and operates a fleet of dry bulk carriers, including Capesize, Panamax, and Kamsarmax vessels, to transport cargo worldwide. The company generates its revenue by chartering these vessels to customers under time charter agreements for a fixed daily hire rate.
SMHI
SEACOR Marine Holdings
$236.21Mn
8.70
-2.68%
+25.72%
The company owns and operates a diverse fleet of service vessels used to transport personnel, equipment, and supplies to offshore installations. Its primary revenue is generated by chartering these vessels under day rate and time charter agreements to offshore energy operators.
RDNW
2nd
RideNow
$209.22Mn
5.37
+0.56%
+29.71%
The company operated a Vehicle Transportation Services segment that provided asset-light transportation brokerage and logistics services for moving automobiles between dealerships and auctions.
IMPP
Imperial Petroleum
$191.99Mn
4.30
-6.72%
-24.96%
Imperial Petroleum owns and operates a fleet of tankers and drybulk vessels to provide international seaborne transportation for crude oil, refined petroleum products, and bulk commodities. Its revenue is generated through voyage and time charters from energy companies and commodity traders.
SND
2nd
Smart Sand
$152.33Mn
3.91
-10.53%
+83.57%
The company provides proppant logistics services through its network of in-basin rail transloading terminals, coordinating the movement of sand to oil and gas customers.
FLX
BingEx
$111.16Mn
1.52
+0.66%
-61.03%
BingEx operates a logistics network that manages the movement of freight and parcels via a network of registered riders. It generates revenue from delivery fees charged to individual and business customers for the coordination and execution of on-demand courier services.
DLNG
Dynagas LNG Partners
$111.13Mn
3.04
-2.56%
-15.08%
Dynagas LNG Partners owns and operates a fleet of liquefied natural gas (LNG) carriers for the maritime transportation of LNG. Its revenue is generated through time charter agreements with energy companies like SEFE, Equinor, and Yamal.
UP
Wheels Up Experience
$103.01Mn
2.86
-6.54%
-88.08%
Wheels Up operates as a provider of private aviation services, generating revenue from member and customer flights using its own controlled aircraft fleet. Its core business is flying passengers via a membership program and on-demand charter solutions.
EDRY
EuroDry
$102.64Mn
35.51
-7.28%
+176.77%
EuroDry owns and operates a fleet of drybulk carriers, including Panamax and Ultramax vessels, to provide worldwide ocean-going transportation services. Its revenue is derived from chartering these vessels to customers for the transport of cargoes such as iron ore, coal, and grains.
FLYX
Flyexclusive
$97.37Mn
1.01
+1.00%
-73.83%
The company is a private jet operator that generates revenue through passenger air transport via charter services, jet club memberships, and fractional ownership. It operates its own fleet of aircraft to provide private jet passenger experiences to retail and wholesale customers.
SRFM
Surf Air Mobility
$93.29Mn
0.69
-6.76%
-80.40%
The company operates scheduled commercial air services through its subsidiaries Southern Airways and Mokulele Airlines, generating revenue from seat sales, membership subscriptions, and Essential Air Service awards. It is described as one of the largest commuter airlines in the United States by scheduled departures.
TORO
Toro
$83.96Mn
3.91
-3.46%
+11.40%
Toro Corp. operates a fleet of oceangoing LPG carrier vessels and MR tankers to provide seaborne transportation services. Its revenue is generated from chartering these vessels to international energy traders and oil companies to transport refined petroleum products and liquefied petroleum gas.
JOCM
2nd
Jocom Holdings
$77.50Mn
1.18
+0.00%
+0.00%
The company manages order picking, sorting, and delivery, including cold storage support, and is establishing a subsidiary specifically to support electronic commerce trading logistics.
MMLP
2nd
Martin Midstream Partners
$77.08Mn
1.97
+0.00%
-23.64%
The company operates a transportation segment that utilizes inland towboats and offshore vessels to move petroleum, chemical, and specialty cargoes, earning revenue from freight and marine charter rates.
PAL
Proficient Auto Logistics
$76.58Mn
2.73
-7.14%
-62.34%
The company operates one of the largest auto transportation fleets in North America with approximately 800 owned assets used to transport finished vehicles. Its 'Company Drivers' segment specifically utilizes an asset-based model to move vehicles from production facilities and ports to dealerships.
HMR
Heidmar Maritime Holdings
$75.35Mn
1.29
-9.15%
-0.77%
Heidmar operates tanker and dry bulk vessel pools, providing commercial management, chartering, and revenue sharing services to vessel owners. It coordinates the movement of freight for major oil companies and commodity traders without owning the underlying assets, fitting the model of a third-party logistics and freight management provider.
OZVN
Oz Vision
$73.43Mn
2.50
+0.00%
+108.33%
The company operates as a transportation and logistics firm providing dispatch services and parcel shipping for pallets of freight. It relies on third-party contractors to provide these services, matching the asset-light coordination model of a logistics provider.
ETS
Elite Express Holding
$66.74Mn
1.37
-22.16%
+104.48%
Elite Express Holding operates a fleet of twenty-three trucks and trailers to provide road freight transportation and last-mile delivery. Its revenue is generated from moving packages via road for its customer, FedEx.
BWEN
2nd
Broadwind
$61.98Mn
2.62
-12.37%
+21.86%
The Industrial Solutions segment provides kitting, assembly, inventory management, and supply chain solutions primarily for the gas turbine market.
PXS
Pyxis Tankers
$58.24Mn
5.59
-6.37%
+110.15%
Pyxis Tankers operates a fleet of product tankers and dry-bulk vessels to provide ocean freight transportation for refined petroleum products and dry-bulk commodities. Its revenue is derived from charter hire fees via time charters and spot voyage charters from customers like Trafigura, Shell, and Vitol.
GLBS
Globus Maritime
$54.39Mn
2.52
-9.03%
+111.76%
Globus Maritime owns and operates a fleet of dry bulk vessels (Kamsarmax and Ultramax) to transport commodities like iron ore, coal, and grain. Its revenue is generated from chartering these vessels under time, bareboat, and spot market agreements.
NCEW
New Century Logistics (BVI)
$52.83Mn
16.51
+0.00%
+304.66%
NC Logistics operates as a freight forwarder and 3PL provider, arranging air and ocean freight shipments for direct shippers and other forwarders. Its revenue is derived from booking cargo space, carrier selection, and managing the movement of goods across international trade lanes without owning the linehaul assets.
JANL
Janel
$51.01Mn
43.00
-10.42%
+34.38%
Janel's Logistics segment is a non-asset based provider of freight forwarding via air, ocean, and land, as well as customs brokerage and warehousing. This matches the description of coordinating freight across modes and carriers without owning the linehaul assets.
MVNC
Marvion
$46.80Mn
0.12
+0.00%
+200.00%
Marvion operates a supply chain segment that provides logistics, warehousing, and distribution services, including last-mile deliveries for retail and business customers. It serves as the exclusive local delivery partner for SF Express in Yuen Long and provides combined warehousing and delivery for an HKEX listed partner.
JETMF
Global Crossing Airlines
$40.35Mn
0.58
+0.00%
-24.68%
Global Crossing Airlines operates as a U.S. Part 121 airline providing passenger and cargo services using a fleet of Airbus A320 family aircraft. Its revenue is generated from passenger-configured jets through ACMI wet lease contracts and charter flights for customers such as tour operators and sports teams.
SFWL
Shengfeng Development
$39.05Mn
3.55
-6.58%
+285.87%
The company's primary revenue source is B2B freight transportation, which accounted for 96.9% of total revenue in 2025. It provides full truckload and less-than-truckload solutions using a fleet of 420 self-owned vehicles and over 122,000 independent transport providers.
NPT
Texxon Holding
$33.00Mn
1.65
-6.25%
-63.74%
Texxon Holding provides supply chain management services, including procurement, shipping, logistics, payments, and fulfillment for plastics and chemical raw material buyers. Its revenue is derived from the margin between the purchase price from suppliers and the sales price to customers, which the company explicitly states reflects the value of its supply chain services.
EHLD
Euroholdings
$32.39Mn
11.50
+0.35%
+64.29%
Euroholdings owns and operates a fleet of feeder containerships and a medium range product tanker to provide worldwide seaborne transportation services. Its revenue is generated through time charter and voyage charter agreements with customers such as Samudera, ZIM, and CMA CGM.
HHS
2nd
Harte Hanks
$29.89Mn
4.01
+1.01%
+44.77%
The company operates a fulfillment and logistics segment that provides third-party logistics, freight optimization services, and scalable global fulfillment for its clients.
DCGO
2nd
DocGo
$23.73Mn
0.24
-7.69%
-77.78%
Through its Ambulnz brand, the company operates a robust fleet of medical response vehicles providing transportation and transfers between clinical settings. This constitutes a substantive road freight/transportation business line for patients.
PSHG
Performance Shipping
$23.62Mn
1.90
-9.09%
-8.65%
Performance Shipping owns and operates a fleet of Aframax and Suezmax tanker vessels to provide global shipping transportation services. Its revenue is generated through time charter and voyage charter agreements with energy companies and oil traders.
USEA
United Maritime
$22.07Mn
2.43
-3.57%
+58.82%
United Maritime operates a fleet of dry bulk vessels, including Capesize, Kamsarmax, and Panamax ships, to provide worldwide seaborne transportation services. Its revenue is generated from charter hire fees paid by international charterers for the movement of bulk commodities like iron ore, coal, and grains.
PSIG
PS International
$20.30Mn
5.08
-2.50%
+34.75%
PS International operates as a freight forwarder and logistics service specialist using an asset-light business model. It generates revenue by arranging shipments, securing cargo space from airlines and shipping liners, and providing customs brokerage and warehousing for customers such as e-Commerce shop owners and other freight forwarders.
GVH
Globavend Holdings
$14.93Mn
1.00
+5.26%
-79.25%
Globavend Holdings provides integrated cross border logistics and air freight forwarding services, coordinating the movement of freight across modes and carriers for e-commerce merchants. The company earns revenue from freight forwarding activities and managing the end-to-end supply chain, including customs clearance and freight management.
MGIH
2nd
Millennium Group International Holdings
$13.84Mn
1.23
-12.14%
-23.60%
The company operates the MPG Group segment, which provides packaging products supply chain management solutions including material sourcing, quality control, and logistics for its customers.
VNTG
Vantage Corp (Singapore)
$13.63Mn
0.44
-4.35%
-50.56%
Vantage Corp is a shipbroking firm that acts as an intermediary to arrange the movement of freight (crude oil, refined products, petrochemicals) without owning the vessels. It generates revenue through commission-based fees on voyage charters and sale-and-purchase deals, which is the core revenue model of a freight broker/logistics coordinator.
CTRM
Castor Maritime
$12.37Mn
1.28
-6.57%
-35.35%
Castor Maritime operates a fleet of dry bulk carriers and containerships to transport commodities like iron ore, coal, and soybeans. It generates revenue through time charters and voyage charters for these oceangoing cargo vessels.
TMDE
2nd
TMD Energy
$11.78Mn
0.50
+0.00%
-26.47%
The company operates a fleet of 15 bunkering vessels and provides vessel chartering services on a bareboat basis to third parties, generating revenue from charter hires.
ZDAI
2nd
DirectBooking Technology
$10.74Mn
1.28
-2.29%
-84.62%
The company operates a dedicated fleet of 45 tipper trucks to provide soil and rock transportation services, moving excavated materials from construction sites to disposal facilities or reclamation projects.
REBN
2nd
Reborn Coffee
$10.51Mn
1.28
-7.25%
-27.27%
The company operates a subsidiary, Reborn Logistics, which provides trucking and transportation services as a distinct revenue stream.
SLGB
Smart Logistics Global
$9.03Mn
0.21
-4.55%
-90.79%
The company's primary revenue is derived from land-only transportation services for industrial raw materials like paper, steel, coal, and food. It operates an in-house fleet of trucks and a network of FTL centres to execute these shipments for large institutional customers.
ELOG
Eastern International
$8.98Mn
0.70
-9.09%
-72.33%
Eastern International provides professional logistic services, including project logistics and general logistics, to corporate clients. It generates revenue from fees for transportation, warehousing, loading, unloading, and distribution, coordinating freight across mainland China, Southeast Asia, and Central Asia.
HTCO
High-Trend International
$8.89Mn
1.34
-5.63%
-87.64%
The company is engaged in international shipping, providing global maritime transport for bulk cargo such as iron ore, manganese ore, and grain. It generates the vast majority of its revenue from voyage contracts for transporting cargo between specific ports.
QNME
Quanome Technologies
$8.74Mn
0.34
-12.82%
-73.23%
Lakeside Holding provides integrated cross border supply chain solutions, including ocean and airfreight consolidation, forwarding, customs clearance, and warehousing. These services are sold to logistics service providers, e-commerce platforms, and manufacturers.
SNTW
Summit Networks
$8.73Mn
0.13
+0.00%
-59.38%
The company is positioning itself as an acquisition platform specifically targeting 'logistics enterprises' to derive revenue from 'transportation, warehousing, freight forwarding and related supply chain solutions.' This aligns with the description of arranging and managing the movement of freight and providing contract logistics.
CNFN
2nd
CFN Enterprises
$8.58Mn
0.90
+0.00%
-58.14%
The Ranco Business segment provides third-party logistics services, including shipping and fulfillment services for customers across various industries.
SKAS
Saker Aviation Services
$6.57Mn
6.50
+0.00%
-4.41%
The company operated the Downtown Manhattan Heliport, providing fixed base operator services, fueling, and ground handling. This constitutes the operation of transportation infrastructure under agreements with the City of New York.
PREM
Premier Air Charter Holdings
$5.62Mn
0.02
+0.00%
-50.00%
Premier Air Charter operates as a luxury aircraft charter company providing private jet flights to high-net-worth individuals and corporate executives. Its primary revenue is generated from fees charged for each private jet flight hour flown under charter agreements.
BTOC
Armlogi Holding
$5.28Mn
1.86
-13.89%
+232.14%
Armlogi Holding provides a comprehensive suite of supply chain solutions, including customs brokerage and the resale of third-party carrier services from FedEx and UPS. The company coordinates freight and logistics for cross-border and domestic e-commerce merchants without operating its own linehaul fleet.
INBP
2nd
Integrated Biopharma
$5.28Mn
0.17
+0.00%
-43.33%
The company provides warehousing and fulfillment services through MDC Warehousing and Distribution, Inc., managing the movement and storage of goods for its customers.
ELVG
Elvictor
$5.22Mn
6.30
+0.00%
+5.00%
Elvictor provides ship management services, including technical maintenance, procurement of spare parts, and financial administration for vessel operators. These activities constitute third-party logistics and supply-chain management for the maritime industry, coordinating the operational movement and maintenance of freight assets.
JYD
Jayud Global Logistics
$5.14Mn
1.57
+10.56%
-63.40%
The company generates its primary revenue from freight forwarding services, including integrated cross-border logistics and chartered airline freight. It coordinates the movement of goods for customers ranging from large manufacturers to e-commerce SMEs without operating its own linehaul assets as its core identity.
SVRN
Svrn
$4.90Mn
13.05
-26.48%
-49.02%
OceanPal owns and operates a fleet of dry bulk carriers and product tankers to provide worldwide ocean-going transportation services. Its revenue is generated through vessel hire income from chartering these ships to third-party customers like Cargill and Vitol for the transport of bulk commodities and refined products.
OSRH
2nd
OSR Health
$4.60Mn
0.14
-6.67%
-76.27%
RMC is transforming into a fourth party logistics (4PL) platform for the Korean healthcare supply chain, providing mandate acquisition and working capital intermediation services.
MEGR
2nd
First America Resources
$3.98Mn
0.50
+0.00%
—
The company provides IT asset disposition services that include equipment collection and logistics coordination to support customers across multiple regions of the United States.
NXXT
2nd
Nextnrg
$3.91Mn
2.33
-8.27%
+39.52%
The company operates a mobile fueling segment that provides on-demand fuel delivery via a fleet of trucks to individual consumers and commercial fleets, such as national delivery and grocery companies.
POM
2nd
Pomdoctor
$3.58Mn
1.39
-10.32%
-98.73%
Pomdoctor generates revenue by supplying logistics, warehousing, and inventory management services to external partners through its pharmaceutical supply chain infrastructure.
HXHX
Haoxin Holdings
$3.36Mn
0.14
-17.65%
-81.33%
Haoxin Holdings operates a proprietary fleet of tractors, trailers, and vans to provide temperature-controlled truckload and urban delivery services. Its revenue is primarily generated from charging customers based on mileage for hauling goods such as electronics, chemicals, and food across China.
TOPP
Toppoint Holdings
$2.72Mn
0.11
-8.33%
-91.67%
Toppoint Holdings operates a fleet of trucks to provide truckload and drayage services, moving waste paper, scrap metal, and wooden logs to ports. Its core revenue is generated from charging fees for the loading, transport, and unloading of these goods using its own fleet capacity.
RENX
RenX Enterprises
$2.27Mn
0.87
-20.18%
-95.56%
The company's largest revenue stream comes from its logistics segment, operated by Zimmer Equipment Inc., which provides waste collection and transportation services using grapple trucks and trailers. This segment generated approximately $5.9 million of the total $8.2 million in revenue.
ATXG
Addentax
$1.98Mn
2.43
-10.00%
-65.97%
The company's logistics services segment is its dominant business, accounting for approximately 98.6% of total revenue. It provides delivery and courier services across 44 cities in China using its own motor vehicles and drivers.
HKPD
Cellyan Biotechnology
$1.60Mn
1.36
-27.66%
+11.48%
The company's largest revenue stream (61.4%) comes from Supply Chain Services, providing end-to-end logistics solutions including customs clearance, warehousing, and last-mile delivery coordination for OTC pharmaceuticals. It coordinates freight across borders for customers like CaiNiao and various e-commerce merchants.
SUIC
2nd
SUIC Worldwide Holdings
$1.58Mn
0.05
+0.00%
-89.80%
The company operates a Food Industry Supply Chain Integration segment that supports raw material import/export demand between the U.S. and Asia by partnering with international trade financiers.
IZM
2nd
Iczoom
$1.55Mn
0.67
-8.22%
-52.82%
The company provides value-added logistics services, including customs clearance, temporary warehousing, and order fulfillment, for which it earns service fee commissions.
CJMB
Callan Jmb
$1.41Mn
0.29
-12.12%
-92.66%
Callan JMB provides end-to-end cold chain logistics and fulfillment services for the life sciences industry, managing the movement of temperature-sensitive biological materials. Its revenue is derived from long-term contracts for logistics services, including dispatch and fulfillment for clients like NATO and the United Nations.
RIME
Algorhythm Holdings
$1.25Mn
0.08
-11.11%
-96.06%
The company generates revenue primarily through full truckload and over-the-road transportation services sold directly to shippers via bid-based contracts. It operates as a logistics and distribution business providing physical transportation of goods for large consumer products companies.
TOPS
Top Ships
$1.25Mn
0.27
-6.90%
-95.49%
Top Ships operates a fleet of eco tanker vessels, including VLCCs, Suezmax, and MR tankers, to transport crude oil, petroleum products, and bulk liquid chemicals. Its revenue is generated through time charter and bareboat charter contracts with energy traders and logistics firms like Trafigura and WECO Tankers.
JTAI
Jet.AI
$1.18Mn
0.89
-11.00%
-97.78%
Jet.AI operates private aviation services, including fractional ownership and jet card programs for aircraft like the HondaJet and Citation CJ4. It generates recurring revenue from aircraft management fees, hourly usage charges, and charter flight brokerage commissions.
PASW
Ping An Biomedical
$814.88K
1.59
-45.73%
+156.45%
The company provides supply chain management services for the apparel industry, specifically offering raw material sourcing, production oversight, and logistics management. Its revenue is generated by coordinating these activities for brand owners, textile manufacturers, and retailers, which aligns with the definition of third-party logistics and supply-chain management services.
OPNW
OpenWorld
$750.42K
0.57
-17.39%
-93.85%
VerifyMe operates as a logistics provider specializing in the movement of time and temperature sensitive products. It earns revenue through service models like ProActive, Premium, and Direct Premium, coordinating shipments for healthcare and food industry customers.
DTCKF
2nd
Davis Commodities
$735.02K
0.30
+30.43%
-99.71%
The company earns income from ancillary services including warehouse handling, storage, and logistics, and it manages the movement of freight through a global network of third-party providers to serve customers in Asia, Africa, and the Middle East.
ICON
Icon Energy
$710.93K
1.00
-3.85%
-84.62%
Icon Energy Corp provides worldwide seaborne transportation services for dry bulk cargoes using a fleet of oceangoing vessels. Its revenue is derived from chartering these vessels to dry bulk operators and commodity traders for the transport of commodities like iron ore, coal, and grains.
WETO
2nd
Wetour Robotics
$689.89K
0.84
-3.45%
-99.29%
The company operates a substantial Customized Chartered Bus Service and Commuter Shuttle Service, providing road freight-style passenger transport for corporate clients and leisure groups using a fleet of over 11,000 vehicles.
CIIT
Tianci International
$640.77K
1.52
-10.59%
-96.38%
The company's primary revenue is derived from its Global Logistics Services segment, specifically ocean freight forwarding for container and bulk cargo. It operates an asset-light model, chartering space from carriers and sub-chartering it to shippers, which is the core definition of a freight forwarder/3PL.
FAMI
2nd
Farmmi
$493.37K
0.09
-10.00%
-93.79%
The company explicitly provides warehousing and logistics services to its customers in the United States and other markets as a distinct revenue stream.
JEM
2nd
707 Cayman Holdings
$253.52K
2.31
-10.12%
-97.08%
The company provides comprehensive supply chain management total solutions, including production management, quality control, and logistics services from concept to delivery. It explicitly earns revenue from these logistics and coordination services, sometimes charging separate service fees for quality control and trend analysis.
SGLY
Singularity Future Technology
$190.61K
0.42
-12.50%
-95.24%
The company describes itself as a non-asset based global logistics integrated solution provider that coordinates third-party carriers and warehouse operators. It generates the vast majority of its revenue from freight logistics services, including shipping, warehousing, customs clearance, and overseas transit delivery for steel manufacturers and traders.
NCT
Intercont (Cayman)
$61.89K
1.45
-2.03%
-93.18%
The company operates a global maritime shipping business using a fleet of bulk carriers to transport commodities such as iron ore, coal, and grain. Its primary revenue is generated from time charter hire received when leasing these vessels to customers.
SWAGW
2nd
Stran & Company
$55.92K
0.00
+0.00%
-98.24%
The company provides comprehensive logistics and supply-chain services, including warehousing, fulfillment, kitting, and event asset management for its clients.
CTNT
Cheetah Net Supply Chain Service
$33.91K
1.61
-21.08%
-99.47%
The company operates as a Non Vessel Operating Common Carrier (NVOCC) providing freight forwarding, customs clearance, and end-to-end logistics solutions for shippers moving goods between the US and Asia. It coordinates ocean freight space and trucking without owning the linehaul assets, which is the core definition of the Logistics industry.
FRGT
2nd
Freight Technologies
$29.89K
0.90
-9.09%
-95.76%
The company acts as a technology-driven freight broker providing brokerage support and end-to-end fulfillment, competing directly with traditional 3PL providers like C.H. Robinson.
RBNE
Robin Energy
$25.90K
0.14
+0.00%
-99.85%
Robin Energy owns and operates oceangoing tanker vessels to provide seaborne transportation for crude oil and refined petroleum products. Its revenue is generated from voyage charters, time charters, and participation in a tanker pool.
NEXR
2nd
Nexera Technologies
$4.68K
0.24
-4.00%
-99.93%
The company operates a 53,000 square foot logistics center in New Jersey that provides warehousing, distribution, and third-party logistics services to external clients, contributing 14.1% of total revenue.
RUBI
Rubico
$4.09K
1.77
-12.38%
-99.99%
Rubico is an owner and operator of Suezmax tankers used for the transportation of crude oil, generating revenue from time charter hire. Its fleet includes the M/T Eco Malibu and M/T Eco West Coast, and it is expanding into chemical/product oil carriers.
CISS
C3is
$121.98
0.38
-22.45%
-100.00%
C3is operates a fleet of drybulk carriers and crude oil tankers to provide international seaborne transportation services. Its revenue is derived from charter hire paid by customers for moving commodities like iron ore, coal, grains, and crude oil across global trade routes.
YGMZF
MingZhu Logistics Holdings
$0.00
0.00
—
-100.00%
The company provides dedicated trucking services within the PRC through its Mingzhu and Feipeng subsidiaries, including short-distance coal transportation. Its primary customers for this segment are third-party logistics companies, freight forwarders, and warehouse operators.