The trucking industry has experienced a robust acquisitions market over the past year that shows no signs of stopping.
January 30, 2020Logistics 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 | Kingway Transportation Company | China | 400,000 |
31 | Mallory Alexander International Logistics | United States | 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 |
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
On the Bubble
Trucking Sees Rise in Acquisitions
UPS to Expand Service, Capacity, Add Operation Hours
UPS Inc. rolled out a series of offerings Jan. 29 aimed at improving service to small and midsize businesses, including an extension of weekend operations.
Trucking Watches China Trade Deal Progress
The U.S.-China trade war has put a lot of stress on trucking, but the signing Jan. 15 of the first phase of a more comprehensive agreement between the two countries has spurred cautious optimism for the industry.
Schneider Q4 Earnings Miss Wall Street Expectations
Schneider National Inc. reported Jan. 29 that fourth-quarter 2019 and yearly financial numbers declined when compared with 2018’s record year.
Roadrunner Sells Distribution Service to C.H. Robinson for $225 Million
Roadrunner Transportation Systems Inc. will sell its Prime Distribution Services business to C.H. Robinson Worldwide Inc. for $225 million in cash, according to a Jan. 28 news release.
C.H. Robinson Launches Incubator Robinson Labs
C.H. Robinson introduced C.H. Robinson Labs, an innovation incubator in which ideas in logistics and supply chain are created, tested and scaled to build solutions for customers and carriers, the company said in a Jan. 23 news release.
Moving Manatees, Elephants and Pandas Requires Careful Planning, Preparation
DHL Express, FedEx and other companies specialize in arranging transportation for large animals, including manatees, pandas and elephants.
Celadon Reaches Deal to Sell Taylor Express for $14.5 Million
An agreement has been reached to sell the last remaining operating trucking company, Taylor Express, that is part of the now-bankrupt Celadon Group of Indianapolis.
A. Duie Pyle Launches TSA-Cleared Airfreight Service
Diversified motor carrier A. Duie Pyle Inc. announced a Transportation Security Administration-compliant export service designed to move international airfreight directly from point of origin to the export location.
January 24, 2020Marten Transport Q4 Net Income Stable as Company Reports Record Year
Marten Transport Ltd. reported net income for the fourth quarter ended Dec. 31 was the same as it was for the comparable quarter in 2018: $15.7 million.