Union Pacific Corp. reported profit that topped analysts’ estimates, which had been adjusted down in the last month, as the railroad leaned on efficiency to make up for lower carloads and higher labor costs.
October 19, 2023Logistics 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 | BEL International Logistics | Hong Kong | 50,000 |
40 | American Global Logistics | United States | 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
Union Pacific Profit Tops Reduced Estimates
I-25 in Colorado Set to Reopen Today
PUEBLO, Colo. — Interstate 25 in Colorado is expected to reopen four days after it was shut down when a train derailment collapsed a railroad bridge onto the highway and killed a trucker.
October 19, 2023Buttigieg Promotes Grants to Boost Miami Port’s Supply Chain
Transportation Secretary Pete Buttigieg underscored at the Port of Miami how two federal infrastructure grants will strengthen the supply chain with better cargo gate access for trucks.
J.B. Hunt Q3 Profit Slides 30.4% Year-Over-Year
J.B. Hunt Transport Services posted a 30.4% year-over-year decrease in profits in the third quarter, undershooting analyst expectations as revenues declined at each of the carrier’s operating units.
Broken Rail May Have Caused Derailment That Killed Trucker
A broken rail caused a train derailment that collapsed a bridge over I-25 in Colorado, killing a truck driver, federal authorities said Oct. 17, based on their preliminary investigation.
Iowa Extends Overweight Loads Limit Until Nov. 11
Iowa Gov. Kim Reynolds has extended through Nov. 11 the state’s seasonal grain harvest proclamation allowing overweight loads for vehicles transporting agricultural products.
Flexport Lays Off 165 Employees
Freight logistics company Flexport has laid off 165 employees from its Bellevue, Wash., office, part of broad job cuts that will impact 20% of the workforce.
Camera Rule Slammed Because It Doesn’t Include Freight Rail
Passenger railroads will be required to install video recorders inside locomotives, but the rule excludes freight trains like the one that derailed and caught fire in East Palestine, Ohio.
GSA Is Moving Ahead to Rebuild Two Maine Land Ports of Entry
Two freight land ports from Maine to Canada are getting closer to being revamped as part of the U.S. General Services Administration's $3.4 billion infrastructure investment fund plan.
Port of Savannah Seeks to Deepen Shipping Lane Again
SAVANNAH, Ga. — Just 18 months after crews finished the $1 billion dredging of the Savannah River channel, the Georgia Ports Authority wants to study deepening the shipping lane again.