Transportation and third-party logistics firm Pacer International said late Wednesday it took a fourth-quarter loss of $65.1 million, or $1.87 a share, compared with a profit of $20.6 million, or 59 cents, a year earlier.
February 11, 2009Sponsored 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.
54
On the Bubble
Radiant Logistics
($230 million), Bellevue, Wash., provides air and ocean freight forwarding, custom brokerage, freight brokerage, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, transportation management and warehousing and distribution.
Learn more about Transport Topics' Top 50 Logistics Companies publication.
Logistics News
Business, Logistics
Trucking Sheds 24,900 Jobs
The trucking industry lost nearly 25,000 jobs in January, the highest monthly total ever except during a national strike in 1994, according to data from the Department of Labor.
February 16, 2009Business, Safety, Government, Logistics
Pacer Reports Loss for 4Q, Year
Business, Technology, Logistics
Norfolk Southern, CN to Share Track, Freight in Midwest
Canadian National Railway and Norfolk Southern Corp. plan to create a “MidAmerica Corridor,” an agreement in which the railroads will share track and carry each other’s shipments in various routes in the Midwest, the railroads announced Tuesday.
February 11, 2009Business, Logistics
Expeditors’ 4Q Income Improves
Logistics firm Expeditors International of Washington said its fourth-quarter net income rose 11% to $77.7 million, or 36 cents a share, from $70.1 million, or 32 cents, a year ago.
February 10, 2009Business, Logistics
Logistics Concerns Could Reduce Overseas Manufacturing
Companies are considering moving their manufacturing away from foreign countries as off-shore manufacturing costs increase, a survey released Monday said.
February 10, 2009Business, Equipment, Logistics
APU Maker RigMaster Ceases Operations
RigMaster Power Corp., a Canadian manufacturer of auxiliary power units, has ceased all operations, according to a voice message on its telephone.
February 9, 2009Government, Business, Logistics
FedEx Express Opens New China Hub
FedEx Express said Monday it has begun operations at its new Asia Pacific hub in Guangzhou, China, the company’s largest hub outside of the United States.
February 9, 2009Business, Technology, Equipment, Safety, Logistics
Descartes Buys Oceanwide’s Logistics Business
Descartes Systems Group said Thursday it acquired the logistics business of privately held Oceanwide Inc., in an all-cash transaction of about C$10.4 million ($8.4 million).
February 6, 2009Business, Logistics
Kansas City Southern’s 4Q Income Declines
Kansas City Southern said its fourth-quarter profit fell 27% to $36.4 million, or 40 cents a share, from $49.9 million, or 56 cents, a year ago.
February 4, 2009Fuel, Business, Logistics, Government
Diesel Drops 2.2¢ to $2.246
Diesel fuel’s national average price fell 2.2 cents to $2.246 a gallon, the lowest in more than three and a half years, the Department of Energy said Monday.
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