USA Truck reported a net loss on decreased revenue during the first quarter, the company reported May 7.
May 8, 2020Logistics 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
USA Truck Posts Net Loss on Declining Revenue in Q1
Expeditors Sees Profit, Revenue Fall in Q1; Workforce Remains Intact
Global disruptions created by the coronavirus pandemic depressed profits and revenue at Expeditors International in the first quarter.
Minnesotans Lose Thousands in Auto Dealer-Shipper Scam
The Better Business Bureau (BBB) is warning Minnesotans about scams in which auto dealers and shippers ask customers to wire money for cars they have bought online.
Trump Casts Doubt on Future of China Trade Deal
President Donald Trump cast doubt on the future of his “phase one” trade deal with China, one of the biggest accomplishments of his first term, saying May 8 that he’s struggling with Beijing in the wake of the global coronavirus pandemic.
Musk’s Aim to Restart Tesla Plant Sets Up Potential Clash
Tesla Inc. plans to reopen its sole U.S. car factory as soon as May 8, possibly setting up another battle with local health authorities in California.
May 8, 2020Former XPO Executive to Become Next Postmaster General
A Republican fundraiser and political donor from North Carolina who also worked as an executive at XPO Logistics will be the next postmaster general.
May 7, 2020Daseke Reports Revenue of $391 Million for Q1
Daseke Inc., the Addison, Texas-based flatbed transportation and logistics company, extended its losses in the first quarter as the rate environment softened.
Tesla Idles China Plant, Suspending Vehicle Output Worldwide
Tesla Inc. suspended production at its plant on the outskirts of Shanghai, according to people familiar with the matter, bringing to a halt all of the company’s vehicle manufacturing globally.
May 7, 2020ArcBest Records 61% Decline in Q1 Net Income
ArcBest Corp. reported a drop in revenue and profits for the first quarter, and business took a turn for the worse at the beginning of the second quarter amid the coronavirus pandemic.
Agriculture Secretary Says Meatpacking Plants Should Reopen Within 10 Days
U.S. Agriculture Secretary Sonny Perdue said he expects U.S. meatpacking plants to fully resume operations within a week to 10 days, during a meeting with President Donald Trump and Iowa Gov. Kim Reynolds.