Old Dominion Freight Line Inc. profits fell 22.3% year-over-year to $292.4 million in the second quarter of 2023 from $376.1 million in the year-ago period, it said.
July 31, 2023Up Front
Battling supply chain, freight capacity issues, logistics providers demonstrate the value they bring to their business partners
As the 3PL industry continues to grow, so does our ranking of North America’s largest logistics companies, now at 100
Find out where the Top 100 Logistics companies are located by region; click links to view details about the company
Rankings
Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Airfreight Forwarders
| Rank | Company | Headquarters | Airfreight (Metric Tons) |
|---|---|---|---|
| 1 | Kuehne + Nagel | Switzerland | 2,220,000 |
| 2 | DHL Supply Chain & Global Forwarding | Germany | 2,096,000 |
| 3 | DSV A/S | Denmark | 1,600,000 |
| 4 | DB Schenker | Germany | 1,400,000 |
| 5 | Expeditors International of Washington | United States | 1,047,200 |
| 6 | Nippon Express | Japan | 971,763 |
| 7 | UPS Supply Chain Solutions | United States | 965,700 |
| 8 | Bollore Logistics | France | 656,000 |
| 9 | Kintetsu World Express | Japan | 556,875 |
| 10 | Hellmann Worldwide Logistics | Germany | 552,640 |
| 11 | Sinotrans Ltd. | China | 532,300 |
| 12 | Kerry Logistics | Hong Kong | 520,415 |
| 13 | AWOT Global Logistics Group | China | 486,216 |
| 14 | Ceva Logistics | France | 474,000 |
| 15 | CTS International Logistics | China | 398,175 |
| 16 | Dachser SE | Germany | 365,000 |
| 17 | Geodis | France | 346,667 |
| 18 | Crane Worldwide Logistics | United States | 337,300 |
| 19 | Yusen Logistics | Japan | 326,000 |
| 20 | C.H. Robinson Worldwide | United States | 300,000 |
| 21 | NNR Global Logistics | Japan | 288,837 |
| 22 | Pilot Freight Services | United States | 280,000 |
| 23 | FedEx Logistics | United States | 265,600 |
| 24 | Dimerco Express Group | Taiwan | 251,967 |
| 25 | EFL | Sri Lanka | 205,203 |
| 26 | Logwin AG | Luxembourg | 182,000 |
| 27 | Cargo-Partner | Austria | 181,050 |
| 28 | Maersk Logistics | Denmark | 173,648 |
| 29 | Trinity Logistics USA | United States | 164,000 |
| 30 | Omni Logistics | United States | 149,978 |
| 31 | Hitachi Transport System | Japan | 148,000 |
| 32 | LX Pantos | South Korea | 142,000 |
| 33 | Seko Logistics | United States | 130,000 |
| 34 | Worldwide Logistics Group | China | 129,732 |
| 35 | Toll Group | Australia | 117,400 |
| 36 | Mainfreight Ltd. | New Zealand | 114,736 |
| 37 | Scan Global Logistics A/S | Denmark | 101,000 |
| 38 | Beijing Harmony Shipping & Forwarding Agent | China | 100,000 |
| 39 | AIT Worldwide Logistics | United States | 97,628 |
| 40 | BDP International | United States | 76,000 |
| 41 | Clasquin | France | 71,257 |
| 42 | XPO Logistics | United States | 70,200 |
| 43 | Savino Del Bene | Italy | 64,800 |
| 44 | OIA Global | United States | 59,000 |
| 45 | Nissin Corp. | Japan | 55,000 |
| 46 | APL Logistics | Singapore | 54,000 |
| 47 | Imperial Logistics | South Africa | 53,660 |
| 48 | Gebruder Weiss | Austria | 53,000 |
| 49 | Mallory Alexander International Logistics | United States | 50,000 |
| 50 | TVS Supply Chain Solutions | India | 50,000 |
About the Rankings...
Top 100 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 100 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 100 list.
Extras
Air, ground and ocean transportation rates soared to historic levels in 2021 as shippers leaned on 3PLs for goods
Shippers must be ready to adapt to a surge in small carriers by providing systems that allow them to succeed
As your company grows, you need your software or platform to be able to grow and adapt with you
If your company appears on the list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
From freight brokers to airfreight forwarders, all sectors of the logistics industry reacted to new demands
Learn more about how companies are selected for Transport Topics' Top 100 Largest Logistics Companies list
Logistics News
Business, Logistics, For-Hire
Old Dominion Freight Line Q2 Profit Falls 22.3% Year-On-Year
Business, Logistics, For-Hire
ArcBest Q2 Profit More Than Halves on Weak Demand
ArcBest posted lower earnings and revenue on weaker demand for the second quarter, the Fort Smith, Ark.-based carrier announced July 28.
July 31, 2023Business, Logistics, Private
Amazon to Double Number of Same-Day Delivery Facilities
Amazon.com Inc. will double the number of U.S. same-day delivery facilities in the “coming years,” the company announced July 31.
July 31, 2023Business, Logistics, For-Hire
Yellow Ceases Operations
Less-than-truckload company Yellow shut down operations, ending a nearly 100-year history as one of the nation’s largest carriers, and the company began posting notices at terminals.
July 30, 2023Business, Logistics, For-Hire
Yellow Puts Logistics Division Up for Sale
Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business.
July 28, 2023Government, Business, Logistics
New Iowa Truck Road Unveiled at Missouri River Barge
A road partially funded by a $1 million U.S. government grant is enabling farmers to move freight from Interstate 29 directly to Iowa’s Port of Blencoe barge terminal on the Missouri River.
July 28, 2023Government, Safety, Logistics
Senators Introduce Trucking Safety Bill
Legislation meant to promote highway safety by setting federal standards that further determine a carrier’s competence was recently introduced in the U.S. Senate.
July 27, 2023Business, Equipment, Logistics, For-Hire
Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge
Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.
July 27, 2023Business, Logistics, For-Hire
Landstar Records Q2 Earnings Drop but Beats Expectations
Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.
July 27, 2023Government, Business, Equipment, Safety, Logistics
Strategic Tactics Drive Cargo Theft Rise
The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics.
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