As cargo volumes continued to surge at the nation’s ports in January, the Biden administration on Feb. 23 announced plans to make $450 million available in new grant funding as part of the Department of Transportation’s Port Infrastructure Development Program.
February 23, 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
Ports to Get $450 Million to Speed Flow of Goods
Houston’s Port Sees New High in Ship Count
The number of containerships waiting at the ports of Houston and Charleston, S.C., reached new pandemic highs as importers looking to avoid bottlenecks on the West Coast encounter growing congestion in alternative gateways.
UPS Loses Compensation Bid in EU
UPS Inc. lost a court fight for about $2 billion in compensation over the European Commission’s 2013 botched veto of its takeover bid for TNT Express.
Fire Subsides on Cargo Ship Carrying Volkswagen EVs
LISBON, Portugal — A fire aboard a ship carrying cars in the Mid-Atlantic is dying out, a Portuguese navy officer said Feb. 22, and the huge vessel is expected to be towed to the Bahamas.
Truck Tonnage Extends Streak of Gains in January
Truck tonnage in January rose 1.2% when measured against year-ago levels, marking the fifth consecutive month for a year-over-year increase, American Trucking Associations said.
Soaring Diesel, Gas Prices Bleed Into Shipping
The shipping industry is starting to feel the full force of surging diesel and gasoline costs.
GXO Plans to Buy Clipper for About $1.3 Billion
GXO Logistics has reached agreement with Clipper Logistics on the key terms of a possible acquisition, both company boards announced Feb. 20.
Narrow Window to Clear Clogged L.A. Ports Hinges on Demand Waning
The bottlenecked ports in Los Angeles face a narrow window between now and midyear to clear container backlogs before another import surge and union contract talks threaten to stall progress moving record volumes of cargo through the busiest U.S. gateway for trade.
Truckload Sector Sees Continued Strength in Q4
The truckload sector continued to experience a strong pricing environment during the fourth quarter amid marginal fleet growth.
Elon Musk’s Boring Co. Submits Plan for North Miami Beach Tunnel
Elon Musk’s Boring Co. is seeking to build an underground loop around North Miami Beach for Tesla vehicles, the latest idea to help address traffic in an ever-growing part of Florida with limited public transportation.