Tennessee officials held a groundbreaking ceremony at the Knoxville headquarters of Axle Logistics to celebrate a $37.9 million investment to expand the company’s logistics operations.
December 6, 2023Logistics 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
Axle Logistics Invests $37.9 Million to Expand in Tennessee
GXO Logistics Testing Humanoid Robot at Georgia Facility
Warehouse workers could soon face new competition from robots: GXO Logistics Inc. is testing a humanoid model at its facility in Flowery Branch, Ga.
California-based Logistics Company Expands in South Carolina
South Carolina Gov. Henry McMaster announced that California-based IronLink Logistics will invest $16.45 million to establish operations there in a move to gain a Southeast presence.
XPO In Line for 28 Yellow Properties for $870 Million
Less-than-truckload carrier XPO Inc. has agreed to pay $870 million for 26 owned terminals and two leased properties that previously were operated by Yellow Corp.
USDOT Announces $1.5 Billion in Infrastructure Grants
The U.S. Department of Transportation recently announced the availability of grants designed to advance big-ticket infrastructure projects along commercial and commuter corridors.
Georgia Officials Laud Plastic Express Expansion Near Port
Georgia Gov. Brian Kemp said Plastic Express will build a facility near the Port of Savannah in an $80 million project that will create 200 jobs while expanding its operations in the state.
Virginia Wins $59.9 Million Logistics Expansion in Norfolk
Virginia Gov. Glenn Youngkin said that a Belgium-based international logistics provider’s subsidiary is expanding its footprint in the state at its Norfolk facility.
Illinois 3 Connector Plan Gets Mixed Reception for Freight
Plans for a new highway connector from Illinois 3 in Fairmont City to Illinois 203 in Madison, Ill., are designed to improve traffic flow and help with logistics and industrial development.
Canada Cartage Acquires GTI Group
Canada Cartage Corp. will buy GTI Group for an undisclosed sum, the company said.
NYC Congestion Plan Would Charge Business District Drivers
Most drivers would pay $15 to enter Manhattan’s business district under a plan released by New York officials Nov. 30, the first such program in the U.S. if approved by officials next year.