Old Dominion Freight Line Inc. profits fell 22.3% year-over-year to $292.4 million in the second quarter of 2023 from $376.1 million in the year-ago period, it said.
July 31, 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.
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
Old Dominion Freight Line Q2 Profit Falls 22.3% Year-On-Year
Business, Logistics, For-Hire
ArcBest Q2 Profit More Than Halves on Weak Demand
ArcBest posted lower earnings and revenue on weaker demand for the second quarter, the Fort Smith, Ark.-based carrier announced July 28.
July 31, 2023Business, Logistics, Private
Amazon to Double Number of Same-Day Delivery Facilities
Amazon.com Inc. will double the number of U.S. same-day delivery facilities in the “coming years,” the company announced July 31.
July 31, 2023Business, Logistics, For-Hire
Yellow Ceases Operations
Less-than-truckload company Yellow shut down operations, ending a nearly 100-year history as one of the nation’s largest carriers, and the company began posting notices at terminals.
July 30, 2023Business, Logistics, For-Hire
Yellow Puts Logistics Division Up for Sale
Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business.
July 28, 2023Government, Business, Logistics
New Iowa Truck Road Unveiled at Missouri River Barge
A road partially funded by a $1 million U.S. government grant is enabling farmers to move freight from Interstate 29 directly to Iowa’s Port of Blencoe barge terminal on the Missouri River.
July 28, 2023Government, Safety, Logistics
Senators Introduce Trucking Safety Bill
Legislation meant to promote highway safety by setting federal standards that further determine a carrier’s competence was recently introduced in the U.S. Senate.
July 27, 2023Business, Equipment, Logistics, For-Hire
Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge
Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.
July 27, 2023Business, Logistics, For-Hire
Landstar Records Q2 Earnings Drop but Beats Expectations
Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.
July 27, 2023Government, Business, Equipment, Safety, Logistics
Strategic Tactics Drive Cargo Theft Rise
The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics.
July 27, 2023Archives
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