XPO Logistics Inc. posted its first-ever profit, earning $42.6 million, or 35 cents per share, as results improved in the less-than-truckload and last-mile services as well as European logistics activity.
August 4, 2016Sponsored by:
2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
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Rankings
Logistics 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 |
About the Rankings...
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
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52
On the Bubble
ODW Logistics
($195 million), Columbus, Ohio, provides 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, Logistics
June Trailer Orders Plunge 50%
U.S. trailer orders in June sank about 50% from especially robust volumes a year earlier, as the stagnant freight market also prompted a spike in cancellations and a sharp decline in backlog, analysts said.
August 8, 2016Government, Business, Safety, Logistics
TT Wins National Award From ASBPE
Transport Topics won the bronze prize of the 2016 Azbee Awards of Excellence from the American Society of Business Publication Editors.
August 8, 2016Business, Logistics
XPO Logistics Earns $42.6 Million, First-Ever Profit
Business, Government, Logistics
Port of Virginia Readies to Take on Savannah
HAMPTON ROADS, Va. — The Port of Virginia is expanding within the next five years in an effort to attract larger vessels traveling through the Panama Canal, according to a presentation during an Aug. 3 sightseeing visit for Congressional staffers and the media.
August 4, 2016Business, Logistics
Deutsche Post Profit Rises Fastest Since Late 2011 on Parcels
Deutsche Post AG’s quarterly profit jumped at the fastest pace in 4 1/2 years after prices increased and deliveries on behalf of internet-based retailers rose. The stock gained to an eight-month high.
August 4, 2016Business, Logistics
North American Intermodal Freight Declines for First Time Since 2009
Intermodal freight shipments fell 6.1% in the second quarter, ending 25 consecutive year-over-year increases, hurt by fewer international and trailer shipments, the Intermodal Association of North America reported.
August 3, 2016Business, Logistics
Expeditors International of Washington Reports 1.5% Drop in Profits
Logistics provider Expeditors International of Washington reported second-quarter profits fell 1.5% compared to the same period last year due to lower yields from airfreight and ocean freight operations.
August 2, 2016Logistics
Norfolk Southern, Canadian National Earnings Slip in Second Quarter
Weaker energy-related freight shipments led two more North American railroads to report lower second-quarter earnings, including a decline of 6% at Norfolk Southern Corp. and 3% at Canadian National Railway.
July 27, 2016Business, Logistics
TransForce Pursues US Truckload Acquisition
Canadian company TransForce Inc. is actively seeking a substantial U.S. truckload market acquisition, CEO Alain Bedard said on a conference call during which the diversified freight and package carrier reported lower second-quarter earnings.
July 25, 2016Business, Logistics
Swift Lawsuit Reinstated; Marten Case Dismissed
A class-action lawsuit filed by more than 80,000 drivers against Swift Transportation has been reinstated after a ruling from the Arizona Court of Appeals, but another lawsuit against Marten Transport was dismissed by the U.S. Court of Appeals.
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