German logistics service provider DB Schenker completed its previously announced acquisition of USA Truck for $435 million, it announced Sept. 15.
September 19, 2022Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Ocean Freight Forwarders
Rank | Company | Headquarters | Ocean Containers |
---|---|---|---|
1 | Kuehne + Nagel | Switzerland | 3,820,000 |
2 | DHL Supply Chain & Global Forwarding | Germany | 2,945,000 |
3 | Sinotrans Ltd. | China | 2,790,400 |
4 | DB Schenker | Germany | 1,891,000 |
5 | Panalpina Inc. | Switzerland | 1,593,900 |
6 | Expeditors International of Washington | United States | 1,043,880 |
7 | Hellmann Worldwide Logistics | Germany | 888,284 |
8 | DSV Air & Sea Ltd. | Denmark | 855,319 |
9 | Nippon Express | Japan | 855,002 |
10 | Bollore Logistics | France | 835,000 |
11 | Kerry Logistics | Hong Kong | 785,600 |
12 | Damco/Maersk Logistics | The Netherlands | 744,000 |
13 | Geodis | France | 677,465 |
14 | Ceva Logistics | France | 642,370 |
15 | UPS Supply Chain Solutions | United States | 615,000 |
16 | Logwin AG | Luxembourg | 590,000 |
17 | Orient Overseas Container Line Ltd. | Hong Kong | 580,000 |
18 | Dachser SE | Germany | 568,500 |
19 | Yusen Logistics | Japan | 547,000 |
20 | Toll Global Forwarding | Australia | 542,000 |
21 | LF Logistics | Hong Kong | 540,000 |
22 | Agility Logistics | Kuwait | 513,500 |
23 | UTi Worldwide | 512,550 | |
24 | China Resources Logistics (Group) | Hong Kong | 500,000 |
25 | Mallory Alexander International Logistics | United States | 500,000 |
26 | C.H. Robinson Worldwide | United States | 485,000 |
27 | Kintetsu World Express | Japan | 396,000 |
28 | Hitachi Transport System | Japan | 330,000 |
29 | CJ Logistics | South Korea | 312,000 |
30 | Chinatrans International Logistics | China | 300,000 |
31 | Worldwide Logistics Group | China | 300,000 |
32 | Mainfreight Ltd. | New Zealand | 251,685 |
33 | Zhejiang Jiulong International Logistics | China | 250,000 |
34 | Sankyu Inc. | Japan | 247,117 |
35 | BDP International | United States | 212,000 |
36 | Hercules Logistics Pvt. Ltd. | India | 210,000 |
37 | Cargo Services Far East | Hong Kong | 200,000 |
38 | Dimerco Express Group | Taiwan | 175,000 |
39 | CWT Pte. Ltd. | Singapore | 170,000 |
40 | Topocean Group Inc. | United States | 156,000 |
41 | MIQ Logistics | United States | 150,000 |
42 | De Well Group | China | 150,000 |
43 | Long Sail International Logistics | China | 150,000 |
44 | NNR Global Logistics | Japan | 140,150 |
45 | Integrated Logistics Berhad | Malaysia | 140,000 |
46 | Asia Shipping Transportes Internacionais | Brazil | 138,800 |
47 | XPO Logistics | United States | 132,000 |
48 | APL Logistics | Singapore | 130,000 |
49 | Honour Lane Shipping | Hong Kong | 130,000 |
50 | Jiangsu Uniwill Logistics Co. | China | 120,000 |
51 | Crane Worldwide Logistics | United States | 77,000 |
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
DB Schenker Completes USA Truck Acquisition
Intermodal Industry Is Working to Increase Sustainability
LONG BEACH, Calif. — Sustainability is top of mind for many in the shipping and transportation industries, and exhibitors and speakers at the IANA Intermodal Expo 2022 said the industry continues to make efficiency gains.
Imports to Port of L.A. Drop, Hinting at Weaker Demand
The number of containers arriving at the Port of Los Angeles dropped by the most since the early days of the COVID-19 pandemic last month, an early indication that consumer demand could be starting to moderate.
Intermodal Executives Optimistic About Chassis Supply
LONG BEACH, Calif. — Unprecedented volumes of intermodal freight are starting to lighten as well as the long turn times and equipment backlogs that created chassis shortages throughout the past year, which can delay freight movement and disrupt truckers, carriers and the entire business model of the customer.
Students Learn About Intermodal Opportunities
LONG BEACH, Calif. — More than 100 high school and college students attending the IANA Expo took part in learning opportunities tailored to those considering careers in the intermodal and logistics industries.
Carriers, Intermodal Providers Look to Younger Drivers
LONG BEACH, Calif. — The driver shortage remains a top concern for fleets, and carriers are working to attract new and younger entrants into the industry.
IANA Presents Silver Kingpin, Chairman Awards
LONG BEACH, Calif. — Ted Prince, chief strategy officer and co-founder of Tiger Cool Express, received the Silver Kingpin award during the Intermodal Association of North America’s Intermodal Expo 2022 on Sept. 13.
September 16, 2022Fleets Prepare for AB 5 Enforcement as Legal Battles Continue
LONG BEACH, Calif. — California’s Assembly Bill 5, which affects driver classification, has been in effect for 2½ months, and fleets are subject to enforcement. Experts discussed the ramifications at IANA Intermodal Expo 2022.
FedEx Tumbles After Pulling Annual Earnings Forecast
FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.
DOT Awards $1.5 Billion in Federal Infrastructure Grants
More truck parking spaces in Florida and Tennessee along with supply chain improvements for Mexico’s ports of entry in California, New Mexico and Texas are among winning projects nabbing $1.5 billion in federal infrastructure grants.