Roadrunner Transportation Systems Inc. will narrow future operations to logistics and less-than-truckload after a disappointing second quarter, company officials said in an Aug. 7 news release.
August 7, 2019![Image](/sites/default/files/images/logos/top_50_logistics_4.png)
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 | Shanghai Hengrong International Transportation | China | 40,000 |
49 | Scanwell Logistics | United States | 40,000 |
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.
![Armstrong and Associates Logo](/sites/default/files/images/logos/tt50-armstrong2016.jpg)
Extras
On the Bubble
Roadrunner to Focus on 3PL, LTL After Net Losses in 2Q
As China Halts US Soy Purchases, ‘Unknown’ Buyers Step Up
While China announced it has halted imports of American soybeans, a mysterious buyer has stepped up. The U.S. Department of Agriculture announced Aug. 7 a sale of 165,000 metric tons of the oilseed to “unknown destinations.”
World Economy Edges Closer to Recession as Trade Woes Spread
The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course.
FedEx Ends Ground-Delivery Deal With Amazon
FedEx Corp. is ending its ground-service delivery contract with Amazon.com, a sign the delivery giant is pulling away from the largest U.S. e-commerce company and focusing on other clients in the market, such as Walmart and Walgreens.
Expeditors Reports Higher Net Income, Revenue in 2Q
Expeditors International of Washington Inc. on Aug. 6 reported net income rose to $153 million, or 88 cents per share. That’s up 9% from $140.6 million, or 79 cents a share, in the same quarter a year ago.
Taking in Just $70 a Day, Lordstown GM Plant Savior Workhorse Is in Trouble
Now more than ever, Workhorse looks more like Lordstown’s lottery ticket than a savior to be taken seriously. While it’s hard to imagine at this juncture the company having the capital needed to get GM’s factory humming again, it has a ray of hope to point to: a potentially lucrative contract to build next-generation mail trucks for the U.S. Postal Service.
Economic Adviser Larry Kudlow Says US Still Expects China for September Trade Talks
President Donald Trump’s top economic adviser, Larry Kudlow, said the United States still expects Chinese negotiators to come to Washington for another round of trade talks in September, even after the two nations escalated their trade war.
China Halts Crop Imports, Weakens Yuan
China responded to President Donald Trump’s tariff threat with another escalation of the trade war Aug. 5, asking state-owned companies to suspend imports of U.S. agricultural products.
August 5, 2019Amazon Loses ‘Last Bear’ Among Stock Analysts
Amazon.com’s last bear has given up. Allen Gillespie came into this week the only one of 55 financial analysts tracked by Bloomberg with a “sell” rating on the company’s shares. In a note to clients July 30, he upgraded the retail and technology giant to “hold.”
Commodities Roiled as Trump Pours Gasoline on Trade War Inferno
Raw materials are reeling after President Donald Trump threatened new tariffs on Chinese goods, dashing hopes that the two sides might soon negotiate an end to the trade war that’s sapping global growth and demand for commodities.