Wallenius Wilhelmsen ASA, one of the largest car shipping companies, said it expects a $5 million to $10 million hit to its earnings from the Baltimore bridge disaster.
April 3, 2024![Image](/sites/default/files/images/logos/top_50_logistics_3.png)
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 |
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.
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Extras
On the Bubble
Car Shipper Takes $10 Million Hit From Bridge Collapse
Port of Laredo Cargo Is Big Winner in Biden’s New I-27 Law
Boosting U.S.-Mexico cargo movements through the Port of Laredo will be a key outcome of President Joe Biden’s recent enactment of a new law designating a future Interstate 27.
Second Channel Opens at Baltimore Bridge Site
BALTIMORE — Crews opened a second temporary channel April 2 allowing a limited amount of marine traffic to bypass the wreckage of Baltimore’s collapsed Francis Scott Key Bridge.
Freight Railroads Must Keep Two-Person Crews
Major freight railroads will have to maintain two-person crews on most routes under a new federal rule that was finalized April 2.
Cargo Ship Owner Seeks $44 Million Liability Limit
The owner of the ship that rammed a bridge in Baltimore, killing six workers and disrupting the eastern U.S. transportation network, is seeking to limit its liability to about $43.7 million.
Ontario Adds Truck Parking in Largest Rest Area Expansion
Canada’s Ontario province has embarked on an ambitious plan to help truckers by adding 165 parking spaces while upgrading 14 rest area sites and adding 10 along its highways.
Landmark Ceramics to Invest $72 Million in Tennessee Logistics Hub
Landmark Ceramics will invest $72 million to expand its tile production near Nashville, Tenn., by creating a new logistics hub with advanced technology to enhance distribution operations.
East Coast Ports Scramble to Absorb Cargo
East Coast ports are modifying their operations to absorb cargo diverted from Baltimore harbor, where salvage specialists are starting to clear debris from the Francis Scott Key Bridge.
Alternate Channel Opens at Baltimore Bridge Site
BALTIMORE — The U.S. Coast Guard has opened a temporary, alternate channel for commercially essential vessels near the fallen Francis Scott Key Bridge in Baltimore.
UPS to Become the Primary Air Cargo Provider for USPS
UPS will become the primary air cargo provider for the United States Postal Service after FedEx said it wasn’t able to reach an agreement on mutually beneficial terms to extend its contract.