Amazon.com reported quarterly profit that exceeded analysts’ estimates, demonstrating the company’s focus on cloud computing, advertising and other high-margin businesses continues to pay off.
April 25, 2019Logistics 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 | 2,081,000 |
2 | Kuehne + Nagel | Switzerland | 1,304,000 |
3 | DB Schenker | Germany | 1,101,200 |
4 | UPS Supply Chain Solutions | United States | 935,300 |
5 | Panalpina Inc. | Switzerland | 921,400 |
6 | Expeditors International of Washington | United States | 875,914 |
7 | Nippon Express | Japan | 705,478 |
8 | Bollore Logistics | France | 580,000 |
9 | Hellmann Worldwide Logistics | Germany | 576,225 |
10 | DSV A/S | Denmark | 574,644 |
11 | Sinotrans Ltd. | China | 548,600 |
12 | Kintetsu World Express | Japan | 457,000 |
13 | Ceva Logistics | France | 421,800 |
14 | Agility Logistics | Kuwait | 372,700 |
15 | Yusen Logistics | Japan | 332,389 |
16 | Geodis | France | 330,000 |
17 | NNR Global Logistics | Japan | 286,897 |
18 | Kerry Logistics | Hong Kong | 282,200 |
19 | FedEx Logistics | United States | 268,340 |
20 | Apex Logistics International | Hong Kong | 260,000 |
21 | Hitachi Transport System | Japan | 230,000 |
22 | Dachser SE | Germany | 224,000 |
23 | Pilot Freight Services | United States | 220,000 |
24 | Dimerco Express Group | Taiwan | 219,000 |
25 | Crane Worldwide Logistics | United States | 195,082 |
26 | Damco/Maersk Logistics | The Netherlands | 180,000 |
27 | Logwin AG | Luxembourg | 140,000 |
28 | C.H. Robinson Worldwide | United States | 115,000 |
29 | Toll Global Forwarding | Australia | 114,000 |
30 | Mainfreight Ltd. | New Zealand | 113,119 |
31 | Beijing Harmony Shipping & Forwarding Agent | China | 100,000 |
32 | XPO Logistics | United States | 72,600 |
33 | Seko Logistics | United States | 70,000 |
34 | TransGroup Global Logistics | United States | 66,000 |
35 | OIA Global | United States | 65,000 |
36 | BDP International | United States | 60,000 |
37 | AWOT Global Logistics Group | China | 60,000 |
38 | CJ Logistics | South Korea | 57,517 |
39 | American Global Logistics | United States | 50,000 |
40 | BEL International Logistics | Hong Kong | 50,000 |
41 | Scanwell Logistics | United States | 40,000 |
42 | Shanghai Hengrong International Transportation | China | 40,000 |
43 | 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
Amazon’s Profit Surges on Cloud Computing, Advertising Gains
TFI International Reports Record Results for 1Q
Another quarter, another record for TFI International when the Montreal-based conglomerate released its first-quarter financial report April 23.
Old Dominion Posts Record Per-Share Results in 1Q
Old Dominion Freight Line beat the Wall Street consensus estimate on its earnings per share when the Thomasville, N.C., less-than-truckload carrier reported first-quarter results April 25.
New York City to Limit Cars, Trucks on 14th Street in Traffic-Cutting Experiment
In an 18-month experiment, the city plans to limit car and truck traffic from a six-block stretch of the road, establishing a corridor featuring express buses, wide bike lanes and pedestrian-friendly walkways. The bus service will start in June.
Walmart Creates Supply Chain to Stock 500 US Stores With Angus Beef
Walmart, The nation’s biggest grocer has partnered with a Texas cattle rancher and other industry-related businesses to provide a steady supply of no-hormone-added Angus beef to 500 of its U.S. stores beginning later this year.
Trump Said to Consider Waiving US Ship Mandate for Natural Gas
President Donald Trump is considering waiving the requirement that only U.S.-flagged vessels can move goods from American ports to Puerto Rico or energy-starved areas of the Northeast, according to sources familiar with the deliberations.
April 24, 2019ATRI Calls for Operational Cost Data From Fleets
The American Transportation Research Institute is looking for for-hire motor carriers to participate in the annual update to its Operational Costs of Trucking report.
April 24, 2019Perspective: The Time Is Now for Blockchain in Transportation
In the transport and logistics sector, skepticism about blockchain remains, which means it’s important to note the advantages of blockchain but also clear up some possible misconceptions, says John Monarch of ShipChain.
UPS Sees Payoff From $20 Billion Tech Bet, but Investors Remain Wary
UPS Inc. is counting on algorithms you can’t see to prove that investors were wrong to doubt its three-year, $20 billion technological makeover. It’s all part of CEO David Abney’s bet on squeezing out costs and becoming more nimble as UPS adjusts to surging e-commerce deliveries.
ATA For-Hire Truck Tonnage Index Slips in March
American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index in March declined 2.3% after decreasing 1.5% in February.