UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 2022Sponsored by:
2016 Essential Financial and Operating Information for the 50 largest logistics companies in the U.S. and Canada
Up Front
Learn how to be included in the 2017 Top 50 Logistics Companies listing.
As online sales continue to soar, so have the expectations of consumers for goods to be delivered quickly and cheaply.
Our April 20 LiveOnWeb webcast looked at how online shopping is creating enormous disruption to freight networks and modes of delivery. Plus we looked back at the new TT Top 50 Logistics Companies rankings. Watch the replay.
Rankings
Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Airfreight Forwarders
| Rank | Company | Headquarters | Airfreight (Metric Tons) |
|---|---|---|---|
| 1 | DHL Supply Chain & Global Forwarding | Germany | 2,085,000 |
| 2 | Kuehne + Nagel | Switzerland | 1,250,000 |
| 3 | DB Schenker | Germany | 1,092,000 |
| 4 | UPS Supply Chain Solutions | United States | 935,300 |
| 5 | Expeditors International of Washington | United States | 872,480 |
| 6 | Panalpina Inc. | Switzerland | 836,200 |
| 7 | Nippon Express | Japan | 711,354 |
| 8 | Hellmann Worldwide Logistics | Germany | 561,240 |
| 9 | Bollore Logistics | France | 555,000 |
| 10 | Sinotrans Ltd. | China | 536,200 |
| 11 | Kintetsu World Express | Japan | 478,000 |
| 12 | Ceva Logistics | France | 451,000 |
| 13 | Agility Logistics | Kuwait | 372,700 |
| 14 | UTi Worldwide | 353,300 | |
| 15 | Yusen Logistics | Japan | 344,000 |
| 16 | DSV Air & Sea Ltd. | Denmark | 311,193 |
| 17 | Geodis | France | 299,032 |
| 18 | Kerry Logistics | Hong Kong | 282,200 |
| 19 | Dachser SE | Germany | 275,300 |
| 20 | NNR Global Logistics | Japan | 264,068 |
| 21 | Pilot Freight Services | United States | 220,000 |
| 22 | Crane Worldwide Logistics | United States | 213,000 |
| 23 | Dimerco Express Group | Taiwan | 202,000 |
| 24 | Hitachi Transport System | Japan | 190,000 |
| 25 | Apex Logistics International | Hong Kong | 187,000 |
| 26 | Damco/Maersk Logistics | The Netherlands | 180,000 |
| 27 | Logwin AG | Luxembourg | 152,000 |
| 28 | C.H. Robinson Worldwide | United States | 115,000 |
| 29 | Toll Global Forwarding | Australia | 114,000 |
| 30 | Beijing Harmony Shipping & Forwarding Agent | China | 100,000 |
| 31 | BDP International | United States | 87,000 |
| 32 | Mainfreight Ltd. | New Zealand | 86,547 |
| 33 | XPO Logistics | United States | 72,612 |
| 34 | Girag Air Cargo | 70,200 | |
| 35 | American Global Logistics | United States | 50,000 |
| 36 | BEL International Logistics | Hong Kong | 50,000 |
| 37 | OIA Global | United States | 43,668 |
| 38 | Scanwell Logistics | United States | 40,000 |
| 39 | Shanghai Hengrong International Transportation | China | 40,000 |
| 40 | CJ Logistics | South Korea | 39,100 |
| 41 | Cargo Services Far East | Hong Kong | 31,000 |
About the Rankings...
Top 50 Logistics Companies provide logistics services, including freight brokerage, freight forwarding, warehousing and dedicated contract carriage in North America and are ranked on the basis of annual gross revenue. Some sector rankings may have been updated since their print publication. To be included in the Top 50 list, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 50 list.
Extras
A former Transport Topics editor who worked at Amazon examines the hustle and bustle of the online retailer.
56
On the Bubble
Verst Group
($156 million), Walton, Ky., provides air and ocean freight forwarding, customs brokerage, dedicated contract carriage, freight brokerage, freight payment and auditing, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, supply chain consulting, transportation management and warehousing and distribution.
Visit our new sector pages for top brokerage firms, warehousing firms, dedicated contract carriers, ocean freight forwarders and airfreight forwarders.
If your company appears in the 2016 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics' Top 50 Logistics Companies Publication.
Find out where the carriers are by regions and by state in North America with our interactive map.
Logistics News
Business, Logistics, For-Hire
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
Business, Logistics
Shopify Will Cut 10% of Staff as e-Commerce Activity Retreats
Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce July 26, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly coming out of the COVID-19 pandemic didn’t pay off.
July 26, 2022Government, Business, Logistics, TCA
Trucker AB 5 Blockade Ends at Port of Oakland
Fruit, nuts and wine are again flowing through the Port of Oakland after truckers quietly ended a multiday blockade over the weekend amid a crackdown on AB 5 protesters by port authorities.
July 25, 2022Business, Technology, Logistics
Target to Open Hubs in Chicago, Denver
Target Corp. will open three new package-sorting centers during the next year — two in greater Chicago and one in the Denver area — to further its strategy of using stores to handle online orders.
July 25, 2022Business, Logistics
NYC Ports’ Saturday Hours Aren’t Helping Supply Chain Snarls
The Port of New York and New Jersey is struggling to process cargo despite expanded gate hours, illustrating fresh difficulties plaguing supply chains as shippers redirect goods to avoid bottlenecks in other parts of the country.
July 21, 2022Business, Logistics, For-Hire, Top 100
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
July 21, 2022Business, Technology, Logistics, For-Hire
J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
July 20, 2022Government, Business, Safety, Logistics
House Committee Approves Truck Parking Bill
Legislation designed to increase parking access for truck drivers nationwide was easily approved by the House Transportation and Infrastructure panel on July 20.
July 20, 2022Business, Equipment, Logistics
Pacific, Atlantic Ports Post Strong June Volumes
The Port of Los Angeles reported its highest container volume ever for the month of June in its 115-year history.
July 20, 2022Business, Technology, Equipment, Logistics, Perspective
Perspective: The Power of Cloud-Based Technology
Over the past few years, we have learned that the more we can do remotely, the more we can potentially mitigate disruptions to business. Across supply chains, a cloud-based transportation management system can help companies facilitate remote operations, allowing businesses — even small ones — to make smarter choices, reduce costs and be more competitive.
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