Forward Air Corp. said Monday it has acquired Total Quality Inc., a logistics and trucking company that provides temperature-controlled services, for about $66 million.
March 4, 2013Logistics 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 |
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
On the Bubble
Logistics Firms Set Cross-Border Partnership
Canadian logistics company JDI Logistics and New Hampshire-based WTG Logistics said they would begin a partnership, allowing both increased access to the other side of the border.
March 5, 2013Forward Air Buys Total Quality Inc.
Trailer Makers Say Backlog Grows Despite Lower Orders in January
U.S. trailer manufacturers booked 20,357 new orders in January, which was down 20.1% from a year earlier but enough to boost manufacturers’ backlogs, ACT Research reported.
March 4, 2013TransForce Reports Higher 2012 Income, Revenue
TransForce Inc. said Friday its fourth-quarter profit slipped from a year ago, but its full-year profit jumped 51% as revenue rose to a record.
March 1, 2013Intermodal Traffic Rises 11% for Week
U.S. rail intermodal traffic rose 11% to 238,083 units last week over the same week a year ago, the Association of American Railroads said.
March 1, 2013XPO Logistics Reports 4Q Loss
XPO Logistics reported a fourth-quarter loss, citing “investments in long-term growth.”
February 27, 2013Expeditors’ Fourth-Quarter Profit Declines
Logistics firm Expeditors International of Washington said Tuesday its fourth-quarter profit fell from a year ago on a decline in volume.
February 26, 2013TSD Logistics Names Muir President
TSD Logistics, a third-party logistics company that specializes in hauling raw materials for the tire and rubber industry, said that Robert Muir has been named president and CEO.
February 26, 2013Consumer Confidence Rises for First Time in Four Months
Consumer confidence rose for the first time in four months in February, the New York-based Conference Board said Tuesday.
February 26, 2013Logistics Consolidations Expand, Driven by Trend to Outsource
Logistics businesses have combined at a brisk pace so far this year, with no less than 10 reported transactions as companies scoop up rivals, extend into new markets or change their corporate strategy altogether.
February 25, 2013