Forward Air Corp. saw revenue and earnings increase during the first quarter of 2021, the company reported April 29.
April 30, 2021Sponsored 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
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55
On the Bubble
Seko Logistics
($220 million), Itasca, Ill., provides air and ocean freight forwarding, custom brokerage, freight brokerage, inventory management and packaging, order fulfillment, supply chain consulting, transportation management and warehousing and distribution.
Learn more about Transport Topics' Top 50 Logistics Companies publication.
Logistics News
Business, Logistics, Top 100
Forward Air Reports $362.2 Million Revenue for Q1
Business, Logistics, Top 100
Universal Logistics Reports Record Q1 Earnings
Universal Logistics Holdings Inc. reported April 29 record highs for the first quarter of 2021.
April 30, 2021Government, Business, Technology, Logistics, Autonomous
Drone Startup Manna Raises Cash for US Expansion
Manna has raised $25 million to expand its drone fleet’s operations, including the addition of delivery services for prescription medical supplies and an initial expansion into the U.S.
April 30, 2021Business, Technology, Logistics, Top 100
New Ware2Go Service Helps E-Commerce Merchants With Warehouse Placement
The UPS-founded Ware2Go launched a free application to help e-commerce merchants with strategic fulfillment planning, the company announced April 27.
April 28, 2021Business, Logistics
Despite Lower Bid, Canadian Pacific Touts Value of KCS Offer
Canadian Pacific Railway Ltd.’s chief executive officer tried to quash speculation that a bidding war is at hand for Kansas City Southern.
April 28, 2021Business, Logistics, Top 100
Saia Posts Strong Q1 Income, Revenue Gains
Saia Inc. reported large gains in profit and revenue during the first quarter as it overcame weather challenges to take advantage of increasing freight demand.
April 28, 2021Business, Logistics, Top 50
C.H. Robinson Posts Big Q1 Gains in Profit, Revenue
C.H. Robinson Worldwide posted large gains in profits and revenue during the first quarter, driven by higher pricing and increasing cargo volume across most of its service lines.
April 28, 2021Business, Logistics
DSV to Buy Agility’s Logistics Unit for $4.1 Billion
DSV Panalpina A/S agreed to buy Agility Public Warehousing Co.’s Global Integrated Logistics business for $4.1 billion, extending its reach in the air and sea transport industry.
April 27, 2021Business, Technology, Logistics, Top 50
Apple’s $430 Billion US Investment Includes XPO-Run Facility
XPO Logistics will operate a $100 million “state-of-the-art” facility and distribution center in Clayton, Ind., for technology giant Apple, the company said April 26.
April 27, 2021Business, Technology, Logistics, Top 100
Amazon to Pass Walmart in Retail Sales in 2025, Report Says
Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to a new report, suggesting the e-commerce giant has too much momentum for Walmart to stop despite big investments in its own e-commerce offerings.
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