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2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
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Rankings
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 Mallory Alexander International Logistics United States 500,000
25 Hitachi Transport System Japan 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
Extras
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55

On the Bubble

Verst Group ($172 million), Walton, Ky., provides air and ocean freight forwarding, customs brokerage, dedicated contract carriage, freight brokerage, freight payment and auditing, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, supply chain consulting, transportation management and warehousing and distribution.
Learn more about Transport Topics' Top 50 Logistics Companies Publication
Logistics News
Business, Technology, Logistics

Driver Detention Time Creeps Upward

After improving in 2018, it appears as though driver detention time has increased recently, with many shippers falling back into habits that delay trucks at their docks and push up dwell times.

Gary Frantz | Special to Transport Topics
October 28, 2019
Business, Equipment, Logistics

United Road Acquires Truck Hauler Team Drive-Away

Auto hauler United Road acquired Team Drive-Away, a company that specializes in moving new and used Class 8 trucks, United Road said.

Jim Stinson | Staff Reporter
October 28, 2019
Business, Technology, Logistics, Top 100

FedEx E-Commerce Revamp Jolts Delivery Army by Piling on Costs

FedEx Corp.’s drive to reap the rewards of e-commerce is stirring anxiety among some of the company’s most important partners: the thousands of small businesses that handle its ground deliveries.

Thomas Black | Bloomberg News
October 28, 2019
Business, Logistics

Universal Logistics Reports Net Loss of $8.4 Million

Universal Logistics Holdings Inc. reported a third-quarter net loss of $8.4 million, compared with $15.1 million net income in the third quarter of 2018.

Jim Stinson | Staff Reporter
October 25, 2019
Business, Logistics

Werner Reports $39 Million in Net Income, Second-Best Q3

Werner Enterprises Inc. reported smaller profits in the third quarter of 2019 but said the period was still the second-best Q3 in company history.

Jim Stinson | Staff Reporter
October 25, 2019
Business, Technology, Logistics, TCA

Shipwell Raises $35M to Fuel Growth

Shipwell, an Austin, Texas-based startup focused on managing trucking and shipping logistics for businesses, has raised $35 million to continue its growth, the company said Oct. 24.

Kara Carlson | Austin American-Statesman
October 25, 2019
Business, Technology, Logistics, Autonomous, Top 100, TCA

XPO Logistics Launches Partnership With MIT

GREENWICH, Conn. — XPO Logistics Inc. announced Oct. 24 that it was teaming up with the Massachusetts Institute of Technology to advance innovation in its industry.

Paul Schott | The Advocate (Stamford, Conn.)
October 24, 2019
Business, Technology, Logistics, Top 50

Echo Global’s Net Income Drops 49% in Q3

Echo Global Logistics Inc., a Chicago-based technology-enabled transportation management service, said profits dropped by about half in the quarter ended Sept. 30.

October 24, 2019
Business, Logistics

Norfolk Southern’s Net Income, Revenue Decline

Norfolk Southern Corp. followed the trend of Class 1 railroads reporting record operating ratios, but net income and revenue dropped in the third quarter.

Dan Ronan | Senior Reporter
October 23, 2019
Business, Logistics, Top 100

Covenant Transportation Posts $3.2 Million Net Loss in Q3

Covenant Transportation Group Inc. reported a net loss of $3.2 million in the third quarter of 2019, compared with net income of $11.6 million in the same quarter of 2018.

Jim Stinson | Staff Reporter
October 22, 2019
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