FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks.
November 14, 2022Logistics 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 |
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
FedEx Freight Unit Furloughs Workers as Cargo Demand Slows
Study Says Charging Network Isn’t on Pace With Electric Truck Development
In December, Tesla Inc. plans to deliver the first of its electric Semi trucks — prompting those responsible for delivering the power to ask: Are we ready for this?
Airbus CEO Sees Energy Crisis Weighing on Production Next Spring
Airbus SE said production concerns have shifted from a shortage of jet engines to smaller suppliers struggling to cope with spiraling energy costs, with the squeeze expected to become most acute next spring.
November 14, 2022Amazon Unveils Smaller Delivery Drone That Can Fly in Rain
Amazon.com Inc. unveiled a new delivery drone on Nov. 10 that’s smaller, makes less noise and can fly through light rain, the latest effort to get the troubled and long-developing project off the ground.
EPA to Consider Tougher Locomotives Emissions Rules
The Environmental Protection Agency said Nov. 9 it will consider adopting stricter rules on locomotive emissions in response to concerns raised by California regulators.
GXO Reports Higher Revenue, Lower Earnings for Q3
GXO Logistics Inc. reported revenue growth and a decline in earnings in its third-quarter report released Nov. 8.
Ohio Answers Some Parking Needs by Converting Weigh Stations
To address a shortage of spaces, Ohio is converting more than a dozen weigh stations into truck parking lots and modernizing rest areas.
Secretary Pete Buttigieg Touts FLOW Data Initiative
More than half a year after the launch of an information-sharing forum meant to facilitate communication between freight stakeholders, the country’s top transportation officer gave it a resounding endorsement.
Ascend Acquires Fuchs Trucking
Logistics services provider Ascend announced it acquired Fuchs Trucking, based in Sauk City, Wis., a move intended to deepen Ascend’s footprint in the upper Midwest.
November 7, 2022New International Bridge Aims to Help Laredo Remain No. 1 Inland Port
Already the No. 1 inland port in North America, Laredo is expected to further solidify its position and see substantial trade growth according to local leaders thanks to the planned addition of a second international railway bridge.