XPO Logistics Inc. saw revenue tick up and net income dip in the third quarter, and the company said business activity has bounced back from earlier downturns.
November 5, 2020Logistics 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
XPO Posts Revenue Increase, Net Income Decrease in Q3
Amazon Announces First Air Cargo Expansion Outside US
Amazon .com Inc. is launching air cargo operations in Europe, the online retailer’s first such expansion outside of the U.S. as it looks to bring more freight operations in-house.
Ryder Looks to Advance Tech With Venture Capital Fund
Ryder System Inc. is working to advance its technology and forge new partnerships with the launch of its corporate venture capital fund, the company detailed Nov. 2.
Expeditors Posts Rise in Profit, Revenue for Q3
Expeditors International of Washington posted third-quarter gains in profit and revenue as the logistics company capitalized on a rebounding economy.
ArcBest Records Increase in Q3 Net Income, Revenue
ArcBest Corp. posted gains in net income and revenue in the third quarter as its business rebounded from the economic impact of the coronavirus pandemic.
Canadian Trucking Alliance Names Jean-Claude Fortin Chairman
Jean-Claude Fortin, president of J.E. Fortin Inc., has been named chairman of the Canadian Trucking Alliance.
Matson Profit Soars on Goods Shipped From China
Matson Inc., Hawaii’s largest ocean cargo transportation firm, continued to capitalize on expanded service from China to the mainland and nearly doubled its third-quarter profit.
Anchorage Airport Among Nation’s Busiest as Pandemic Boosts Cargo Activity
Ted Stevens Anchorage International Airport remained one of the nation’s busiest airports in recent months as disrupted shipping patterns during the COVID-19 pandemic fueled soaring cargo activity.
ATA’s New Chairman Sherri Garner Brumbaugh: An Inspiring Leader for Women
On Oct. 28, Sherri Garner Brumbaugh, president of Ohio-based truckload carrier Garner Trucking Inc., was installed as the 76th chairman of American Trucking Associations during its 2020 Management Conference & Exhibition.
USPS Ordered to Speed Swing-State Ballots in Time for Election Day
A federal judge ordered the U.S. Postal Service to make every effort to deliver mail-in ballots in three crucial swing states by Election Day due to uncertainty over whether votes that arrive after that will be counted.