U.S. third-party logistics gross revenues topped $110 billion for the first time last year, according to a report on the 3PL industry released this week.
April 11, 2007Sponsored by:
2019 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
Evan Armstrong breaks down how logistics segments performed in 2018.
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 | 2,150,000 |
| 2 | Kuehne + Nagel | Switzerland | 1,743,000 |
| 3 | DB Schenker | Germany | 1,377,000 |
| 4 | Panalpina Inc. | Switzerland | 1,038,700 |
| 5 | Expeditors International of Washington | United States | 1,011,563 |
| 6 | UPS Supply Chain Solutions | United States | 935,300 |
| 7 | Nippon Express | Japan | 899,116 |
| 8 | DSV A/S | Denmark | 689,045 |
| 9 | Bollore Logistics | France | 640,700 |
| 10 | Kintetsu World Express | Japan | 580,228 |
| 11 | Hellmann Worldwide Logistics | Germany | 578,007 |
| 12 | Sinotrans Ltd. | China | 533,300 |
| 13 | Ceva Logistics | France | 476,600 |
| 14 | Apex Logistics International | Hong Kong | 430,000 |
| 15 | Agility Logistics | Kuwait | 415,000 |
| 16 | Kerry Logistics | Hong Kong | 409,127 |
| 17 | Yusen Logistics | Japan | 368,198 |
| 18 | Geodis | France | 357,024 |
| 19 | Crane Worldwide Logistics | United States | 337,300 |
| 20 | Dachser SE | Germany | 335,500 |
| 21 | NNR Global Logistics | Japan | 315,011 |
| 22 | Hitachi Transport System | Japan | 300,000 |
| 23 | FedEx Logistics | United States | 276,400 |
| 24 | Pilot Freight Services | United States | 230,000 |
| 25 | C.H. Robinson Worldwide | United States | 225,000 |
| 26 | Dimerco Express Group | Taiwan | 224,100 |
| 27 | EFL | Sri Lanka | 196,875 |
| 28 | Logwin AG | Luxembourg | 180,000 |
| 29 | Damco/Maersk Logistics | The Netherlands | 176,000 |
| 30 | Cargo-Partner | Austria | 173,247 |
| 31 | Trinity Logistics USA | United States | 156,200 |
| 32 | AWOT Global Logistics Group | China | 141,766 |
| 33 | Mainfreight Ltd. | New Zealand | 127,174 |
| 34 | Toll Global Forwarding | Australia | 106,600 |
| 35 | Nissin Corp. | Japan | 100,000 |
| 36 | Beijing Harmony Shipping & Forwarding Agent | China | 100,000 |
| 37 | TransGroup Global Logistics | United States | 86,000 |
| 38 | BDP International | United States | 76,000 |
| 39 | OIA Global | United States | 75,000 |
| 40 | XPO Logistics | United States | 72,600 |
| 41 | Seko Logistics | United States | 70,000 |
| 42 | Imperial Logistics | South Africa | 53,660 |
| 43 | CJ Logistics | South Korea | 53,575 |
| 44 | Mallory Alexander International Logistics | United States | 50,000 |
| 45 | BEL International Logistics | Hong Kong | 50,000 |
| 46 | APL Logistics | Singapore | 47,135 |
| 47 | Scanwell Logistics | United States | 40,000 |
| 48 | Shanghai Hengrong International Transportation | China | 40,000 |
| 49 | Sankyu Inc. | Japan | 38,756 |
| 50 | Cargo Services Far East | Hong Kong | 31,000 |
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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53
On the Bubble
Crane Worldwide Logistics
($230 million), Houston, provides air and ocean freight forwarding, custom brokerage, intermodal and drayage and supply chain consulting.
Learn more about Transport Topics’ Top 50 Logistics Companies publication.
Logistics News
Business, Logistics
Hub Group’s Earnings Rise
Third-party logistics company and freight broker Hub Group said late Thursday its first-quarter profit rose 25% to $11.4 million or 29 cents a share, from $9.1 million or 22 cents a share a year ago.
April 20, 2007Business, Logistics
Union Pacific’s 1Q Profit Rises
Union Pacific Corp., the nation’s largest freight railroad, said Thursday its first-quarter profit rose 24% to $386 million or $1.41 per share, from $311 million or $1.15 last year.
April 19, 2007Business, Logistics
CSX’s 1Q Profit Dips; Revenue Hits Record
CSX Corp. late Tuesday reported that its first-quarter profit fell 2%, due to slower freight demand and a sluggish economy.
April 18, 2007Business, Logistics
CN Workers Begin Strike
Canadian National Railway Co.’s 2,800 union conductors and yard workers began rotating strikes Wednesday after rejecting a proposed one-year contract, Bloomberg reported.
April 12, 2007Business, Safety, Government, Logistics
Exec Downplays Rail Takeovers
Norfolk Southern Corp. Chief Executive Officer Charles “Wick” Moorman told the Surface Transportation Board that buyout firms probably will not try to acquire major U.S. railroads because of opposition by rail management, Bloomberg reported.
April 12, 2007Business, Logistics
3PL Revenue Tops $110 Billion
Business, Logistics, Autonomous
Justice OKs Trucking Survey
The Justice Department said Tuesday it will not oppose a proposal by the National Association of Small Trucking Companies to conduct an operational and financial survey of small- and medium-sized trucking firms.
April 10, 2007Business, Safety, Government, Logistics
Pacer Sets Debt-Removal Plan
Transportation and third-party logistics firm Pacer International said Monday it has successfully completed the refinancing of its existing long-term debt.
April 9, 2007Business, Logistics
NS Says 1Q Profit to Dip 3%
Norfolk Southern Corp. said its first-quarter earnings will be 3% lower than a year earlier, as its freight shipments declined.
April 5, 2007Business, Safety, Government, Equipment, Logistics
Pacer Lowers ’07 Guidance
Transportation and third-party logistics firm Pacer International lowered its full-year earnings guidance, said it would consolidate some operations and said its board authorized a buyback of up to $100 million of the company’s stock.
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