Leaders with less-than-truckload carrier Yellow Corp. are touting the company’s fifth successive quarter of financial improvement and strong second-quarter earnings that beat Wall Street expectations.
August 4, 2022Sponsored by:
2020 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
The third-party logistics business is undergoing a dramatic, technology-driven transformation.
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 | 4,861,000 |
| 2 | Sinotrans Ltd. | China | 3,740,000 |
| 3 | DHL Supply Chain & Global Forwarding | Germany | 3,207,000 |
| 4 | DB Schenker | Germany | 2,260,000 |
| 5 | DSV A/S | Denmark | 1,907,126 |
| 6 | Kerry Logistics | Hong Kong | 1,325,000 |
| 7 | Expeditors International of Washington | United States | 1,125,137 |
| 8 | C.H. Robinson Worldwide | United States | 1,000,000 |
| 9 | Hellmann Worldwide Logistics | Germany | 955,800 |
| 10 | Fr. Meyer's Sohn | Germany | 850,000 |
| 11 | Bollore Logistics | France | 839,000 |
| 12 | Yusen Logistics | Japan | 815,000 |
| 13 | Geodis | France | 798,137 |
| 14 | Ceva Logistics | France | 786,600 |
| 15 | Agility Logistics | Kuwait | 740,000 |
| 16 | Nippon Express | Japan | 703,061 |
| 17 | Kintetsu World Express | Japan | 700,043 |
| 18 | Logwin AG | Luxembourg | 690,000 |
| 19 | AllCargo Logistics | India | 684,000 |
| 20 | OOCL Logistics | Hong Kong | 650,000 |
| 21 | Leschaco | Germany | 636,000 |
| 22 | Worldwide Logistics Group | China | 630,218 |
| 23 | UPS Supply Chain Solutions | United States | 620,000 |
| 24 | Damco/Maersk Logistics | The Netherlands | 577,084 |
| 25 | Cargo Services Far East | Hong Kong | 556,000 |
| 26 | Dachser SE | Germany | 536,900 |
| 27 | Toll Group | Australia | 533,600 |
| 28 | LF Logistics | Hong Kong | 500,000 |
| 28 | China Resources Logistics (Group) | Hong Kong | 500,000 |
| 30 | Honour Lane Shipping | Hong Kong | 418,630 |
| 31 | Mallory Alexander International Logistics | United States | 400,000 |
| 31 | Kingway Transportation Company | China | 400,000 |
| 33 | Mainfreight Ltd. | New Zealand | 342,741 |
| 34 | Cargo-Partner | Austria | 314,067 |
| 35 | CJ Logistics | South Korea | 309,851 |
| 36 | BDP International | United States | 302,000 |
| 37 | Chinatrans International Logistics | China | 300,000 |
| 38 | Noatum Logistics | Spain | 289,100 |
| 39 | Hitachi Transport System | Japan | 260,000 |
| 40 | Zhejiang Jiulong International Logistics | China | 250,000 |
| 41 | Nissin Corp. | Japan | 230,000 |
| 42 | Dimerco Express Group | Taiwan | 225,800 |
| 43 | De Well Group | China | 210,000 |
| 44 | EFL | Sri Lanka | 201,958 |
| 45 | Odyssey Logistics & Technology | United States | 200,000 |
| 46 | Horizon Air Freight | United States | 200,000 |
| 47 | Asia Shipping Transportes Internacionais | Brazil | 195,000 |
| 48 | Sino-Ocean Group | China | 192,000 |
| 49 | Zhejiang Chasen Freight Forwarding | China | 180,000 |
| 50 | CWT Pte. Ltd. | Singapore | 170,000 |
| 51 | Topocean Group Inc. | United States | 156,000 |
| 52 | Long Sail International Logistics | China | 150,000 |
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 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
51
On the Bubble
Averitt Express
($260 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
LTL Carrier Yellow Reports Strong Q2 Earnings
Business, Logistics, Top 100
GXO Posts $2.2 Billion in Q2 Revenue, Marks First Anniversary
GXO Logistics Inc. closed out its first year as an independent company with revenue and earnings growth in the second quarter of 2022, the company reported Aug. 2.
August 3, 2022Government, Business, Logistics
Bureau of Prisons Expands CDL Training for Women
Efforts are underway in federal and state-level prison systems to help inmates train for and transition into careers in trucking upon their release, with the Federal Bureau of Prisons expanding its commercial driver license programs to focus on women.
August 2, 2022Business, Logistics
Driver Pay Raise Trend Catches Crosswinds
The trucking industry has rapidly increased driver pay in recent years, but with a softening freight environment that trend is spinning off in several directions.
August 2, 2022Business, Logistics
Logistics Firm Terra Worldwide Explores $1 Billion Sale
Terra Worldwide Logistics, a closely held provider of logistics services, is exploring a sale amid consolidation in the industry, according to people familiar with the matter.
August 1, 2022Business, Technology, Logistics, Private
Amazon Starts Same-Day Deliveries From Stores in Metro Areas
Amazon.com Inc. has started delivering items from brick-and-mortar stores in a dozen metro areas, the e-commerce giant’s latest effort to make more products available for speedy delivery.
August 1, 2022Business, Equipment, Logistics, Perspective
Perspective: Flexibility Helps With Supply Chain Delays
For years, just-in-time supply chain practices were the name of the game for many companies. But in the aftermath of the pandemic and subsequent supply chain tangles, building up and keeping heavier inventories has come to the forefront as a core strategy. While there’s merit to both approaches, companies need to be prepared and take some action on unintended consequences of the new sea change.
August 1, 2022Business, Logistics, For-Hire
Universal Logistics Reports Record-Breaking Q2
Universal Logistics Holdings reported all-time highs for revenue, operating income and earnings per share in its second-quarter earnings report July 28.
July 29, 2022Business, Logistics
Interactive Map: Where the 2022 Top 100 For-Hire Carriers Are in North America
Find out where the 2022 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.
July 29, 2022Government, Business, Logistics
CP Announces Q2 Earnings, Moves Forward With Efforts to Acquire KCS
Canadian Pacific Railway posted a drop in net income but an increase in revenue for the second quarter, as it confronts renewed opposition to its planned acquisition of Kansas City Southern Railroad.
July 29, 2022Archives
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