Profits at UPS fell year-over-year in the second quarter as the parcel carrier lost more business to rivals than expected due to uncertainty surrounding negotiations with the Teamsters.
August 8, 2023Sponsored 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.
52
On the Bubble
ArcBest Corp.
($177 million), Fort Smith, Ark., provides air and ocean freight forwarding, intermodal and drayage, freight brokerage, 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 Lost More Business Than Expected on Strike Threat
Government, Business, Safety, Logistics
Kentucky Begins $30 Million Road Project at Owensboro Port
Kentucky Gov. Andy Beshear joined state officials in breaking ground on a $30 million highway expansion project for the Owensboro Riverport Authority.
August 7, 2023Government, Business, Logistics
Cargo Airline Western Global Goes Bankrupt
Florida-based Western Global Airlines filed for bankruptcy protection with plans to slash its debt load after the cargo airline faced a cash crunch.
August 7, 2023Business, Logistics, Private
Tyson Foods to Close Four Chicken Processing Plants
Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs.
August 7, 2023Business, Logistics, For-Hire
XPO Reports Q2 Income, Revenue Decline
XPO saw second-quarter net income and revenue decline, but the company sees momentum headed into the third quarter.
August 4, 2023Business, Logistics
Canada’s Titanium Transportation Buys Georgia’s Crane
Titanium Transportation Group acquired Oakwood, Ga.-based Crane Transport to drive growth of the Canadian company’s U.S. logistics business, it said.
August 4, 2023Government, Business, Logistics, For-Hire
Yellow Closure Reshuffles LTL Sector
Less-than-truckload carrier Yellow Corp.'s ceasing of operations on July 30 after nearly 100 years in business is causing an upheaval for both its customers and the broader LTL market.
August 3, 2023Business, Logistics, For-Hire
Schneider Sees Drop in Q2 Earnings
Schneider National on Aug. 3 announced that both income and revenue fell during the second quarter.
August 3, 2023Business, Logistics
GXO Beats Wall Street Predictions, Boosts Q2 Profit 27%
GXO Logistics, the contract logistics provider that was spun off two years ago from its parent company XPO, reported stronger-than-expected second-quarter results on Aug. 2.
August 3, 2023Business, Equipment, Logistics, For-Hire
Schneider Acquires M&M Transport
Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.
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