U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.
May 9, 2022Sponsored by:
2019 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
Evan Armstrong breaks down how logistics segments performed in 2018.
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 | 4,690,000 |
| 2 | Sinotrans Ltd. | China | 3,360,300 |
| 3 | DHL Supply Chain & Global Forwarding | Germany | 3,225,000 |
| 4 | DB Schenker | Germany | 2,219,000 |
| 5 | Panalpina Inc. | Switzerland | 1,484,100 |
| 6 | DSV A/S | Denmark | 1,442,348 |
| 7 | Kerry Logistics | Hong Kong | 1,196,607 |
| 8 | Expeditors International of Washington | United States | 1,167,820 |
| 9 | C.H. Robinson Worldwide | United States | 1,000,000 |
| 10 | Hellmann Worldwide Logistics | Germany | 901,698 |
| 11 | Bollore Logistics | France | 864,000 |
| 12 | Fr. Meyer's Sohn | Germany | 850,000 |
| 13 | Ceva Logistics | France | 786,600 |
| 14 | LF Logistics | Hong Kong | 778,796 |
| 15 | Geodis | France | 777,675 |
| 16 | Yusen Logistics | Japan | 774,822 |
| 17 | Agility Logistics | Kuwait | 710,000 |
| 18 | Nippon Express | Japan | 686,206 |
| 19 | Kintetsu World Express | Japan | 663,915 |
| 20 | OOCL Logistics | Hong Kong | 646,000 |
| 21 | Damco/Maersk Logistics | The Netherlands | 639,132 |
| 22 | UPS Supply Chain Solutions | United States | 600,000 |
| 23 | Logwin AG | Luxembourg | 600,000 |
| 24 | Worldwide Logistics Ltd. | China | 580,325 |
| 25 | Hitachi Transport System | Japan | 532,000 |
| 26 | Dachser SE | Germany | 522,300 |
| 27 | Toll Global Forwarding | Australia | 503,400 |
| 28 | China Resources Logistics (Group) | Hong Kong | 500,000 |
| 29 | Honour Lane Shipping | Hong Kong | 447,846 |
| 30 | Mallory Alexander International Logistics | United States | 400,000 |
| 31 | Kingway Transportation Company | China | 400,000 |
| 32 | Cargo-Partner | Austria | 314,067 |
| 33 | Mainfreight Ltd. | New Zealand | 311,586 |
| 34 | BDP International | United States | 302,000 |
| 35 | Chinatrans International Logistics | China | 300,000 |
| 36 | CJ Logistics | South Korea | 279,802 |
| 37 | Zhejiang Jiulong International Logistics | China | 250,000 |
| 38 | Dimerco Express Group | Taiwan | 241,300 |
| 39 | Nissin Corp. | Japan | 215,000 |
| 40 | De Well Group | China | 210,000 |
| 41 | Cargo Services Far East | Hong Kong | 200,000 |
| 42 | Sino-Ocean Group | China | 192,000 |
| 43 | Zhejiang Chasen Freight Forwarding | China | 180,000 |
| 44 | CWT Pte. Ltd. | Singapore | 170,000 |
| 45 | NNR Global Logistics | Japan | 167,100 |
| 46 | EFL | Sri Lanka | 164,495 |
| 47 | Topocean Group Inc. | United States | 156,000 |
| 48 | Long Sail International Logistics | China | 150,000 |
| 49 | Noatum Logistics | Spain | 141,000 |
| 50 | TransGroup Global Logistics | United States | 140,200 |
| 51 | OIA Global | United States | 130,000 |
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
If your company appears in the 2019 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
54
On the Bubble
Averitt Express
($225 million), Cookeville, Tenn., provides air and ocean freight forwarding, custom brokerage, dedicated contract carriage, freight brokerage, 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, Logistics, For-Hire
U.S. Xpress Reports Earnings Loss Despite Revenue Gains
Business, Technology, Logistics, Autonomous
Volvo Autonomous Solutions, DHL to Partner on Hub-to-Hub Transport
Volvo Autonomous Solutions announced it will offer a new hub-to-hub autonomous transport solution in North America, designed to serve shippers, carriers, logistics service providers and freight brokers.
May 9, 2022Business, Logistics
Universal Reports Higher Results in Historic Q1 for Company
Universal Logistics Holdings experienced higher earnings and revenue during a historic first quarter, the company reported May 5.
May 6, 2022Technology, Logistics
How AI Is Streamlining Freight Movement
While the concepts of artificial intelligence and machine learning are not new, rapid advances in this field are driving the future of software development in the freight transportation industry.
May 6, 2022Government, Business, Logistics, For-Hire
China’s Port Lockdowns Threaten Domestic Trucking
China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.
May 5, 2022Business, Technology, Logistics, Autonomous
Aurora Innovation Focuses on Real-Time Data
Autonomous driving technology company Aurora Innovation Inc. announced it is developing a system, Aurora Beacon, intended to allow customers to optimize autonomous vehicles for “24/7/365 operation.”
May 5, 2022Business, Logistics
GXO Reports Higher Earnings, Revenue for Q1
GXO Logistics Inc. recorded higher net income and revenue in the first quarter, the company reported May 4.
May 5, 2022Government, Business, Logistics
New Mexico Pursues Opportunity for Rerouted Rail Line
SANTA FE, N.M. — New Mexico is highlighting its support for proposals that would route an international rail line through its Santa Teresa port of entry, capitalizing on Mexico’s unease with disruptions along the Texas portion of the U.S. border with Mexico.
May 5, 2022Business, Logistics
Maersk Lost More Than $700 Million From Russia in Quarter
A.P. Moller Maersk A/S lost more than $700 million in the first quarter from the war in Ukraine as it counts the cost of exiting Russia, according to the shipping giant.
May 4, 2022Business, Logistics
Freight Industry Downshifts From Hectic Pace for Shipping
A gauge of logistics stress in the U.S. economy eased in April as freight transportation cooled, a sign that the broader economy is downshifting to a speed that remains expansionary.
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