Leaders with less-than-truckload carrier Yellow Corp. are touting the company’s fifth successive quarter of financial improvement and strong second-quarter earnings that beat Wall Street expectations.
August 4, 2022Sponsored by:
2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
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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 | 2,248,000 |
| 2 | Kuehne + Nagel | Switzerland | 1,570,000 |
| 3 | DB Schenker | Germany | 1,226,200 |
| 4 | Panalpina Inc. | Switzerland | 995,900 |
| 5 | Expeditors International of Washington | United States | 985,549 |
| 6 | UPS Supply Chain Solutions | United States | 935,300 |
| 7 | Nippon Express | Japan | 705,478 |
| 8 | Hellmann Worldwide Logistics | Germany | 654,104 |
| 9 | DSV A/S | Denmark | 635,655 |
| 10 | Bollore Logistics | France | 569,000 |
| 11 | Sinotrans Ltd. | China | 532,400 |
| 12 | Kintetsu World Express | Japan | 495,947 |
| 13 | Ceva Logistics | France | 480,000 |
| 14 | Agility Logistics | Kuwait | 415,000 |
| 15 | Yusen Logistics | Japan | 368,198 |
| 16 | Geodis | France | 330,000 |
| 17 | NNR Global Logistics | Japan | 321,704 |
| 18 | Apex Logistics International | Hong Kong | 320,000 |
| 19 | Kerry Logistics | Hong Kong | 313,800 |
| 20 | Crane Worldwide Logistics | United States | 281,083 |
| 21 | Hitachi Transport System | Japan | 280,000 |
| 22 | FedEx Logistics | United States | 276,400 |
| 23 | Dachser SE | Germany | 272,100 |
| 24 | Dimerco Express Group | Taiwan | 233,700 |
| 25 | Pilot Freight Services | United States | 220,000 |
| 26 | EFL | Sri Lanka | 196,875 |
| 27 | Damco/Maersk Logistics | The Netherlands | 190,000 |
| 28 | C.H. Robinson Worldwide | United States | 175,000 |
| 29 | Logwin AG | Luxembourg | 140,000 |
| 30 | Mainfreight Ltd. | New Zealand | 121,553 |
| 31 | Toll Global Forwarding | Australia | 91,000 |
| 32 | TransGroup Global Logistics | United States | 76,000 |
| 33 | BDP International | United States | 76,000 |
| 34 | XPO Logistics | United States | 72,600 |
| 35 | Seko Logistics | United States | 70,000 |
| 36 | OIA Global | United States | 65,000 |
| 37 | AWOT Global Logistics Group | China | 60,000 |
| 38 | CJ Logistics | South Korea | 57,014 |
| 39 | American Global Logistics | United States | 50,000 |
| 40 | APL Logistics | Singapore | 47,135 |
| 41 | Scanwell Logistics | United States | 40,000 |
| 42 | Sankyu Inc. | Japan | 38,756 |
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
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55
On the Bubble
Verst Group
($172 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.
Learn more about Transport Topics' Top 50 Logistics Companies Publication
Logistics News
Business, Logistics
LTL Carrier Yellow Reports Strong Q2 Earnings
Business, Logistics, Top 100
GXO Posts $2.2 Billion in Q2 Revenue, Marks First Anniversary
GXO Logistics Inc. closed out its first year as an independent company with revenue and earnings growth in the second quarter of 2022, the company reported Aug. 2.
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Bureau of Prisons Expands CDL Training for Women
Efforts are underway in federal and state-level prison systems to help inmates train for and transition into careers in trucking upon their release, with the Federal Bureau of Prisons expanding its commercial driver license programs to focus on women.
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The trucking industry has rapidly increased driver pay in recent years, but with a softening freight environment that trend is spinning off in several directions.
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Logistics Firm Terra Worldwide Explores $1 Billion Sale
Terra Worldwide Logistics, a closely held provider of logistics services, is exploring a sale amid consolidation in the industry, according to people familiar with the matter.
August 1, 2022Business, Technology, Logistics, Private
Amazon Starts Same-Day Deliveries From Stores in Metro Areas
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Perspective: Flexibility Helps With Supply Chain Delays
For years, just-in-time supply chain practices were the name of the game for many companies. But in the aftermath of the pandemic and subsequent supply chain tangles, building up and keeping heavier inventories has come to the forefront as a core strategy. While there’s merit to both approaches, companies need to be prepared and take some action on unintended consequences of the new sea change.
August 1, 2022Business, Logistics, For-Hire
Universal Logistics Reports Record-Breaking Q2
Universal Logistics Holdings reported all-time highs for revenue, operating income and earnings per share in its second-quarter earnings report July 28.
July 29, 2022Business, Logistics
Interactive Map: Where the 2022 Top 100 For-Hire Carriers Are in North America
Find out where the 2022 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.
July 29, 2022Government, Business, Logistics
CP Announces Q2 Earnings, Moves Forward With Efforts to Acquire KCS
Canadian Pacific Railway posted a drop in net income but an increase in revenue for the second quarter, as it confronts renewed opposition to its planned acquisition of Kansas City Southern Railroad.
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