Echo Global Logistics reported gains in both income and profit for the third quarter as it took advantage of strong freight demand and tight supply.
October 27, 2021Logistics 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 | 4,355,000 |
2 | DHL Supply Chain & Global Forwarding | Germany | 3,259,000 |
3 | Sinotrans Ltd. | China | 2,950,800 |
4 | DB Schenker | Germany | 2,126,800 |
5 | Panalpina Inc. | Switzerland | 1,520,500 |
6 | DSV A/S | Denmark | 1,389,611 |
7 | Expeditors International of Washington | United States | 1,070,424 |
8 | Kerry Logistics | Hong Kong | 1,053,485 |
9 | Hellmann Worldwide Logistics | Germany | 897,379 |
10 | Bollore Logistics | France | 856,000 |
11 | LF Logistics | Hong Kong | 778,796 |
12 | Yusen Logistics | Japan | 774,822 |
13 | Agility Logistics | Kuwait | 740,000 |
14 | Ceva Logistics | France | 729,000 |
15 | C.H. Robinson Worldwide | United States | 698,000 |
16 | Geodis | France | 690,000 |
17 | Damco/Maersk Logistics | The Netherlands | 659,000 |
18 | UPS Supply Chain Solutions | United States | 600,000 |
19 | Orient Overseas Container Line Ltd. | Hong Kong | 600,000 |
20 | Logwin AG | Luxembourg | 600,000 |
21 | Kintetsu World Express | Japan | 556,640 |
22 | Nippon Express | Japan | 550,000 |
23 | Worldwide Logistics Ltd. | China | 508,732 |
24 | Hitachi Transport System | Japan | 500,000 |
25 | Mallory Alexander International Logistics | United States | 500,000 |
26 | Dachser SE | Germany | 481,400 |
27 | Toll Global Forwarding | Australia | 434,000 |
28 | Honour Lane Shipping | Hong Kong | 326,490 |
29 | CJ Logistics | South Korea | 310,850 |
30 | Mainfreight Ltd. | New Zealand | 280,539 |
31 | BDP International | United States | 275,782 |
32 | Dimerco Express Group | Taiwan | 227,600 |
33 | CWT Pte. Ltd. | Singapore | 170,000 |
34 | EFL | Sri Lanka | 164,495 |
35 | Topocean Group Inc. | United States | 156,000 |
36 | De Well Group | China | 150,000 |
37 | NNR Global Logistics | Japan | 144,483 |
38 | XPO Logistics | United States | 131,500 |
39 | TransGroup Global Logistics | United States | 130,200 |
40 | MIQ Logistics | United States | 125,000 |
41 | Asia Shipping Transportes Internacionais | Brazil | 114,376 |
42 | APL Logistics | Singapore | 112,848 |
43 | Crane Worldwide Logistics | United States | 100,634 |
44 | Scanwell Logistics | United States | 100,000 |
45 | American Global Logistics | United States | 94,000 |
46 | Qingdao Jet Marine Logistics | China | 80,000 |
47 | City Ocean Logistics | China | 80,000 |
48 | Odyssey Logistics & Technology | United States | 73,000 |
49 | Sankyu Inc. | Japan | 71,894 |
50 | AWOT Global Logistics Group | China | 70,000 |
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
Echo Global Logistics Reports Income, Profit Gains
Old Dominion Posts Record Quarterly Profits, Revenue
Old Dominion Freight Line posted large third-quarter increases in profits and revenue as it took advantage of tight freight capacity and focused on transitioning to more profitable accounts.
C.H. Robinson Posts Large Q3 Profit, Revenue Gains
C.H. Robinson Worldwide posted third-quarter gains in profit and revenue as it benefited from tight freight capacity.
GM to Install 40,000 Public EV Chargers
General Motors Co. will use its dealership network to deploy up to 40,000 electric vehicle chargers across the U.S. and Canada, as the veteran automaker ramps up its shift to plug-in models.
Maine Turnpike Authority Increases Toll Rates
In an effort to avert a large shortfall due to the COVID-19 pandemic, trucks and cars traveling the Maine Turnpike will pay a little bit more in tolls.
Retail Spending Key to Trucking Activity, ATA’s Costello says
NASHVILLE, Tenn. — Gross domestic product fell almost 3.4% in 2020, snapped back 5.4% this year and is expected to grow over 4% next year. Yet, GDP isn't what one analyst gauges trucking activity by.
ATA Recognizes Trucking Industry Works With Awards Luncheon
NASHVILLE, Tenn. — American Trucking Associations’ Management Conference & Exhibition presented Robert Low, president and founder of Prime Inc., with the 2021 Cathy Evans Highway to Victory award.
Ports of L.A., Long Beach to Fine Firms Over Container Backlog
In an effort to clear the growing backlog of containers, the ports of Los Angeles and Long Beach are charging shippers a container storage surcharge that port officials say will increase based on the number of days a unit sits in one of the facilities.
No Quick Fix in Sight to Move Freight, Panelists Say
NASHVILLE, Tenn. — Fixing the severely kinked supply chain will take well into 2022, panelists said at American Trucking Associations' Management Conference & Exhibition.
ATA Celebrates Range of Trucking Leaders
NASHVILLE, Tenn. — American Trucking Associations presented its Driver of the Year Award and introduced the newest graduates of its professional leadership program Oct. 24 during its Management Conference & Exhibition.