CSX Corp. reported a slip in third-quarter financial results due to the impact of the coronavirus pandemic on shipments.
October 22, 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 | Mallory Alexander International Logistics | United States | 500,000 |
25 | China Resources Logistics (Group) | Hong Kong | 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
CSX Reports Lower Q3 Net Income, Revenue
Ports Report Strong September as Retailers Restock
Just months after cargo volumes plunged amid the COVID-19 pandemic, the nation’s ports are staging a comeback as falling product inventory levels at warehouses, stores and medical facilities are being quickly replenished.
Senators Laud Freight Rail Industry
As they advocated for additional emergency aid for transportation stakeholders, the leadership of a Senate committee touted freight railroads’ role during the coronavirus pandemic.
Landstar System Reports Net Income, Revenue Increase for Q3
Landstar System Inc. saw net income reach $61.9 million during the third quarter of 2020, the company reported Oct. 21.
Tesla, Heinz Hit Brexit Snag in UK
Household-name companies including Tesla Inc. and Kraft Heinz Co. are racing to avoid a Brexit crisis at year-end, as a shortage of customs brokers threatens their ability to move goods between Britain and the European Union.
Top US Dealer Warns Automakers Are Missing Resupply Deadlines
AutoNation Inc., the largest U.S. car retailer, is warning new-vehicle inventories remain thin as automakers miss resupply deadlines, which may mean fewer choices and higher prices for buyers.
Canadian National Reports Q3 Drop in Earnings, Revenue
For the second consecutive quarter, Canadian National Railway felt the impact of the COVID-19 pandemic when the Class I, Montreal-based railroad announced third-quarter earnings Oct. 20.
USPS Still Not Processing Election Mail Fast Enough, States Say
The U.S. Postal Service still isn’t processing election mail on time, even after being ordered by judges to halt disruptive changes like banning worker overtime and late delivery trips, Pennsylvania’s attorney general said.
September Tonnage Down Year-Over-Year, but Rebounds After August Decline
Truck tonnage in September declined a seasonally adjusted 2.7% when compared with year-ago levels, marking the sixth consecutive month of year-over-year declines, American Trucking Associations said Oct. 20.
RK Logistics Accelerates Silicon Valley Expansion Plans
RK Logistics Group is accelerating its expansion into Silicon Valley with new facilities, company leadership detailed Oct. 19.
October 20, 2020