Shippers are in the driver’s seat as spot and contract rates continue to soften, but industry analysts said rates likely will stabilize throughout 2023.
December 29, 2022Logistics 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 | 1,795,000 |
2 | Kuehne + Nagel | Switzerland | 1,418,000 |
3 | DSV A/S | Denmark | 1,272,405 |
4 | DB Schenker | Germany | 991,200 |
5 | UPS Supply Chain Solutions | United States | 965,700 |
6 | Expeditors International of Washington | United States | 840,700 |
7 | Apex Logistics International | Hong Kong | 750,000 |
8 | Nippon Express | Japan | 720,115 |
9 | Hellmann Worldwide Logistics | Germany | 586,670 |
10 | Bollore Logistics | France | 574,000 |
11 | Kintetsu World Express | Japan | 566,814 |
12 | Sinotrans Ltd. | China | 502,000 |
13 | Kerry Logistics | Hong Kong | 493,903 |
14 | Ceva Logistics | France | 440,000 |
15 | Agility Logistics | Kuwait | 415,000 |
16 | Crane Worldwide Logistics | United States | 337,300 |
17 | Yusen Logistics | Japan | 337,000 |
18 | Dachser SE | Germany | 330,000 |
19 | Geodis | France | 308,173 |
20 | FedEx Logistics | United States | 262,500 |
21 | NNR Global Logistics | Japan | 244,595 |
22 | Pilot Freight Services | United States | 240,000 |
23 | C.H. Robinson Worldwide | United States | 225,000 |
24 | Hitachi Transport System | Japan | 221,000 |
25 | AWOT Global Logistics Group | China | 219,768 |
26 | Dimerco Express Group | Taiwan | 199,630 |
27 | Logwin AG | Luxembourg | 180,000 |
28 | Cargo-Partner | Austria | 171,850 |
29 | Trinity Logistics USA | United States | 164,000 |
30 | Damco/Maersk Logistics | The Netherlands | 158,405 |
31 | EFL | Sri Lanka | 146,098 |
32 | Mainfreight Ltd. | New Zealand | 126,071 |
33 | Toll Group | Australia | 111,600 |
34 | APL Logistics | Singapore | 106,000 |
35 | AIT Worldwide Logistics | United States | 105,850 |
36 | Beijing Harmony Shipping & Forwarding Agent | China | 100,000 |
37 | Seko Logistics | United States | 90,000 |
38 | TransGroup Global Logistics | United States | 86,000 |
39 | Nissin Corp. | Japan | 85,000 |
40 | BDP International | United States | 76,000 |
41 | OIA Global | United States | 75,000 |
42 | XPO Logistics | United States | 70,200 |
43 | Scan Global Logistics A/S | Denmark | 70,000 |
44 | Worldwide Logistics Group | China | 64,768 |
45 | Nexus Logistics | Chile | 58,678 |
46 | Noatum Logistics | Spain | 56,000 |
47 | Imperial Logistics | South Africa | 53,660 |
48 | Gebruder Weiss | Austria | 53,000 |
49 | BEL International Logistics | Hong Kong | 50,000 |
49 | Mallory Alexander International Logistics | United States | 50,000 |
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.
Extras
On the Bubble
Shippers Remain in Control of Rates, but 2023 Could Bring Balance
Ascend Adds Georgia Terminal
Ascend — a dry van, full truckload carrier that offers middle-mile supply chain solutions — announced it acquired a new terminal in McDonough, Ga.
December 29, 2022New Pocket Guide Includes Key Transportation Metrics
A 72-page “Pocket Guide to Transportation 2023” from the federal government is available online and in print with key statistical data and highlights of major national transportation data trends.
DOT Gets Funding Increase in $1.7 Trillion Federal Budget
The spending budget for the federal government’s fiscal 2023 includes an increase in funding for the Department of Transportation that is higher than the level requested by the White House.
Shipping Insurers Back Off of Russia-Ukraine Trade
A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia’s war in Ukraine, a further sign of the industry’s growing concerns about losses stemming from the conflict.
Freight Trends Continue to Affect Driver Recruitment
The trucking industry likely will see a continued slowdown in driver recruitment efforts as freight demand continues to normalize in 2023.
Arizona’s Cross-Border Project Gets $8.9 Million State Grant
Arizona’s governor has allocated $8.9 million to help modernize the port of entry in Douglas, where a new commercial one is being built to bolster the state’s trade with Mexico.
Amazon Builds Last-Mile Shipping Facility in Montana
Amazon .com Inc. is creating its first big foothold in Montana with a last-mile shipping delivery facility for the entire state, Gov. Greg Gianforte announced Dec. 16.
Five States Extend Driving Hours for Heating Fuel Deliveries
Colorado, North and South Dakota, Utah and Wyoming have declared temporary emergency exemptions of federal driving hours for deliveries of heating fuel.
White House Envoy Stephen Lyons Says Supply Chain Closing 2022 in Better Shape
White House Supply Chain Envoy Stephen Lyons says the nation’s supply chain is ending 2022 in a much better position than a year ago.