Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.
July 25, 2024Sponsored by:
2020 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
The third-party logistics business is undergoing a dramatic, technology-driven transformation.
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 | 2,051,000 |
| 2 | Kuehne + Nagel | Switzerland | 1,643,000 |
| 3 | DB Schenker | Germany | 1,162,000 |
| 4 | DSV A/S | Denmark | 1,071,266 |
| 5 | UPS Supply Chain Solutions | United States | 965,700 |
| 6 | Expeditors International of Washington | United States | 955,391 |
| 7 | Nippon Express | Japan | 752,942 |
| 8 | Bollore Logistics | France | 634,000 |
| 9 | Kintetsu World Express | Japan | 600,849 |
| 10 | Hellmann Worldwide Logistics | Germany | 586,670 |
| 11 | Hitachi Transport System | Japan | 538,000 |
| 12 | Sinotrans Ltd. | China | 530,100 |
| 13 | Apex Logistics International | Hong Kong | 520,000 |
| 14 | Ceva Logistics | France | 476,600 |
| 15 | Kerry Logistics | Hong Kong | 453,000 |
| 16 | Agility Logistics | Kuwait | 415,000 |
| 17 | Yusen Logistics | Japan | 380,000 |
| 18 | Geodis | France | 363,451 |
| 19 | Dachser SE | Germany | 344,900 |
| 20 | Crane Worldwide Logistics | United States | 337,300 |
| 21 | FedEx Logistics | United States | 276,400 |
| 22 | NNR Global Logistics | Japan | 260,029 |
| 23 | Pilot Freight Services | United States | 230,000 |
| 24 | Dimerco Express Group | Taiwan | 213,200 |
| 25 | C.H. Robinson Worldwide | United States | 210,000 |
| 26 | EFL | Sri Lanka | 188,264 |
| 27 | Logwin AG | Luxembourg | 180,000 |
| 28 | Cargo-Partner | Austria | 173,247 |
| 29 | Trinity Logistics USA | United States | 164,000 |
| 30 | Damco/Maersk Logistics | The Netherlands | 158,405 |
| 31 | AWOT Global Logistics Group | China | 158,343 |
| 32 | Mainfreight Ltd. | New Zealand | 127,418 |
| 33 | Toll Group | Australia | 113,000 |
| 34 | Beijing Harmony Shipping & Forwarding Agent | China | 100,000 |
| 35 | Seko Logistics | United States | 90,000 |
| 36 | Worldwide Logistics Group | China | 87,549 |
| 37 | TransGroup Global Logistics | United States | 86,000 |
| 38 | Nissin Corp. | Japan | 85,000 |
| 39 | APL Logistics | Singapore | 82,554 |
| 40 | BDP International | United States | 76,000 |
| 41 | OIA Global | United States | 75,000 |
| 42 | XPO Logistics | United States | 70,200 |
| 43 | Gebruder Weiss | Austria | 61,000 |
| 44 | Noatum Logistics | Spain | 53,800 |
| 45 | Imperial Logistics | South Africa | 53,660 |
| 46 | Mallory Alexander International Logistics | United States | 50,000 |
| 46 | BEL International Logistics | Hong Kong | 50,000 |
| 48 | CJ Logistics | South Korea | 43,954 |
| 49 | Scanwell Logistics | United States | 40,000 |
| 49 | Shanghai Hengrong International Transportation | China | 40,000 |
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
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
51
On the Bubble
Averitt Express
($260 million), Cookeville, Tenn., provides air and ocean freight forwarding, custom brokerage, dedicated contract carriage, freight brokerage, 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, For-Hire
Covenant Logistics Reports Nearly 5% Revenue Rise for Q2
Government, Business, Logistics, TCA
Gordie Howe International Bridge Links Detroit to Windsor
DETROIT — The U.S. and Canadian sides of the Gordie Howe International Bridge have been connected, marking the bridge as an official border crossing.
July 25, 2024Business, Logistics, Global Freight
Union Pacific Profit Grows 7%
OMAHA, Neb. — Union Pacific delivered 7% growth in its second-quarter profit even though the number of shipments it hauled remained essentially flat.
July 25, 2024Government, Business, Technology, Safety, Logistics
CBP Installs X-Ray Scanner for Containers at Texas Port
The busiest land border crossing between the U.S. and Mexico now has an advanced X-ray machine that is intended to help more efficiently move commercial truck traffic through the facility.
July 24, 2024Business, Logistics, For-Hire, Global Freight
UPS Discusses Acquisition of Parcel Carrier in Mexico
The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.
July 24, 2024Government, Business, Logistics
House Passes Biennial Water Resources Development Act
A bill to promote the efficiency of commercial waterway infrastructure projects and supply chain connectivity was easily passed by the U.S. House of Representatives on July 22.
July 23, 2024Business, Logistics, For-Hire
Urban Delivery Hubs Present Solutions to Final-Mile Shipping
An evolving concept to address the issue of final-mile delivery is the urban delivery hub.
July 23, 2024Business, Logistics, Breaking News
ATA Reports Dip in Truck Tonnage for June
The trucking industry continued the trend of year-over-year tonnage losses in June after a brief increase the prior month, American Trucking Associations reported July 23.
July 23, 2024Business, Technology, Logistics, Autonomous
C.H. Robinson Launches AI-Leveraged Load-Matching Platform
C.H. Robinson Worldwide Inc. launched a new load-matching platform aimed at helping carriers improve efficiency, the company announced July 18.
July 22, 2024Government, Business, Logistics
Illinois Offering Written CDL Tests in Spanish
Illinois is the latest state to offer commercial driver license applicants a written test in Spanish to get more drivers on the road.
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