XPO Logistics Inc. announced its tender offer for shares of Con-way Inc. has been extended until Oct. 30, in conjunction with the $3 billion acquisition agreement between the companies.
October 23, 2015Sponsored 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
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52
On the Bubble
Pilot Freight Services
($240 million), Lima, Pa., provides cross-border services, custom brokerage, supply chain consulting, transportation management and warehousing and distribution.
Learn more about Transport Topics’ Top 50 Logistics Companies publication.
Logistics News
Business, Logistics
XPO Extends Tender Offer for Shares of Con-way
Business, Logistics
Maersk Cuts Profit Outlook on Weaker Global Container Market
A.P. Moeller-Maersk cut its profit forecast for 2015, citing a weaker container shipping market as the outlook for global growth becomes gloomier.
October 23, 2015Business, Logistics
Investment Firm Acquires Unishippers Global Logistics
Ridgemont Equity Partners, an investment firm based in Charlotte, North Carolina, has acquired Unishippers Global Logistics, a transportation service provider that resells package and freight services through franchise affiliates across the United States.
October 23, 2015Business, Logistics
Union Pacific Profit Tops Estimates on Cost Cuts as Cargo Drops
Union Pacific Corp. reported profit that beat analysts’ estimates after cutting costs as the railroad heads for its first annual drop in sales since the recession in 2009.
October 22, 2015Business, Logistics
DHL Global Forwarding, Freight Celebrates Bicentennial Birthday
DHL Global Forwarding, Freight, is celebrating its 200th birthday this year and is looking back at its founding, shortly after the Battle of Waterloo.
October 22, 2015Business, Logistics
Intermodal Rail Volume Rises 1% For Week
Weekly U.S. intermodal rail traffic rose 1% from the same period last year, the Association of American Railroads reported.
October 21, 2015Business, Logistics
CP Rail Earnings Beat Expectations on Declining Costs
Canadian Pacific Railway reported third-quarter profit that topped analysts’ estimates, buoyed by a weaker currency and expense reductions that included parking locomotives.
October 20, 2015Business, Logistics
CSX to Cut 300 Jobs as Coal Freight Drops
CSX Corp. plans to cut 300 jobs at Erwin, Tennessee, in response to a steady decline in coal traffic.
October 16, 2015Business, Logistics
Intermodal Rail Volume Rises Slightly For Week
Weekly U.S. intermodal rail traffic rose 0.5% from the same period last year, the Association of American Railroads reported.
October 14, 2015Business, Logistics
J.B. Hunt 3Q Earnings Rise 12%; CSX Profit Dips
J.B. Hunt Transport Services Inc. raised third-quarter net income 12% to $115.1 million, or 99 cents per share, as profit margins improved in all operating units.
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