WASHINGTON — The World Bank is downgrading its outlook for the global economy, blaming continuing outbreaks of COVID-19, a reduction in government economic support and ongoing bottlenecks in global supply chains.
January 11, 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
Supply Chain Bottlenecks, COVID Expected to Slow Global Growth
Albertsons Struggles With Rising Labor, Logistics Costs
Albertsons Cos. is wrestling with higher labor and logistics costs as it seeks to cash in on surging sales.
Tougher Vaccine Requirements Poised to Take Effect at Canada Border
More stringent COVID-19 vaccine requirements set to take effect at the borders may put new pressure on freight traffic between the United States and Canada, experts said.
CSX Purchase of Pan Am Railway Gets Federal Hearing
Massachusetts DOT told federal regulators overseeing the potential purchase of Pan Am Railways by competitor CSX that the state needs CSX to guarantee track access for east-west passenger trains through Springfield.
Fleets Find That Raising Pay Doesn’t Solve Driver Shortage
The flurry of fleets that raised pay early in 2021 to recruit and retain truck drivers amid labor shortages snowballed into a widespread industry trend. However, for many fleets, it’s not necessarily bringing in the expected results.
Return to Sender: Gift Returns Swamping Shippers
Last week, customers at the UPS Store in Seattle’s Interbay neighborhood got a pretty good demonstration of what the global supply chain looks like when you try to run it backward.
Supreme Court Weighs Vaccine Rules
The Supreme Court appears divided on legal challenges centering on the scope and federal authority of the Biden administration’s sweeping proposed COVID vaccine mandate, which would require private-sector firms to vaccinate or test tens of millions of employees.
Trucker Snarl in East China Hits Container Shipping
A suspension of trucking services in several parts of east China’s Zhejiang province has slowed the transportation of manufactured goods and commodities through one of the world’s most important ports.
January 7, 2022‘Alabama-USA Corridor’ Rail Work to Improve Supply Chain Infrastructure
The Jan. 4 announcement appears to be a significant step in that direction. According to the governor’s office, the overall concept calls for $231.6 million in investment in rail projects “to upgrade economic development infrastructure in central and southern Alabama.”
Developer Plans 1 Million-Square-Foot Warehouse in Ontario, Calif.
A national developer recently purchased one of the largest empty lots in Ontario, Calif., with plans to build a 1 million-square-foot logistics center that would be among the largest warehouses in the city.