Transportation and third-party logistics firm Pacer International said late Wednesday it took a fourth-quarter loss of $65.1 million, or $1.87 a share, compared with a profit of $20.6 million, or 59 cents, a year earlier.
February 11, 2009Logistics 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
National Retail Systems Deploys Clean Trucks to Calif. Ports
National Retail Systems has deployed 115 trucks to comply with the Clean Truck Program requirements set forth by the ports of Los Angeles and Long Beach, the company said Tuesday.
February 17, 2009Trucking Sheds 24,900 Jobs
The trucking industry lost nearly 25,000 jobs in January, the highest monthly total ever except during a national strike in 1994, according to data from the Department of Labor.
February 16, 2009Pacer Reports Loss for 4Q, Year
Norfolk Southern, CN to Share Track, Freight in Midwest
Canadian National Railway and Norfolk Southern Corp. plan to create a “MidAmerica Corridor,” an agreement in which the railroads will share track and carry each other’s shipments in various routes in the Midwest, the railroads announced Tuesday.
February 11, 2009Expeditors’ 4Q Income Improves
Logistics firm Expeditors International of Washington said its fourth-quarter net income rose 11% to $77.7 million, or 36 cents a share, from $70.1 million, or 32 cents, a year ago.
February 10, 2009Logistics Concerns Could Reduce Overseas Manufacturing
Companies are considering moving their manufacturing away from foreign countries as off-shore manufacturing costs increase, a survey released Monday said.
February 10, 2009APU Maker RigMaster Ceases Operations
RigMaster Power Corp., a Canadian manufacturer of auxiliary power units, has ceased all operations, according to a voice message on its telephone.
February 9, 2009FedEx Express Opens New China Hub
FedEx Express said Monday it has begun operations at its new Asia Pacific hub in Guangzhou, China, the company’s largest hub outside of the United States.
February 9, 2009Descartes Buys Oceanwide’s Logistics Business
Descartes Systems Group said Thursday it acquired the logistics business of privately held Oceanwide Inc., in an all-cash transaction of about C$10.4 million ($8.4 million).
February 6, 2009Kansas City Southern’s 4Q Income Declines
Kansas City Southern said its fourth-quarter profit fell 27% to $36.4 million, or 40 cents a share, from $49.9 million, or 56 cents, a year ago.
February 4, 2009