Infrastructure and trade loom large for trucking in the year ahead as freight carriers adjust to a slower, but still positive, rate of economic growth in 2019, according to industry experts interviewed by Transport Topics.
January 4, 2019Sponsored 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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54
On the Bubble
Radiant Logistics
($230 million), Bellevue, Wash., provides air and ocean freight forwarding, custom brokerage, freight brokerage, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, transportation management and warehousing and distribution.
Learn more about Transport Topics' Top 50 Logistics Companies publication.
Logistics News
Business, Logistics
Namaste Extends Stake in Cannabis Provider Pineapple Express
Cannabis e-commerce company Namaste Technologies has announced its entrance into a share purchase agreement of an additional 34% equity stake in Pineapple Express Delivery, a same-day cannabis delivery provider in Canada, according to a Dec. 17 press release. Namaste previously acquired shares from Pineapple Express in June 2018, and it now owns 49% of the latter company’s outstanding common shares.
January 7, 2019Business, Logistics
PS Logistics Completes Robinette Acquisition
Flatbed transportation solution provider PS Logistics has announced that its subsidiary, Loudon County Trucking, completed its acquisition of Robinette Trucking Inc. and Robinette Properties Inc., according to a Dec. 20 press release. Financial terms were not disclosed.
January 4, 2019Business, Logistics
Forager Logistics Launches as Cross-Border Freight Broker
The cross-border freight brokerage and logistics service field has a new player in Forager Logistics. The Chicago-based company will focus on servicing supply chain networks in the automotive and aerospace industries, according to a Jan. 3 press release.
January 4, 2019Government, Business, Technology, Equipment, Safety, Fuel, Logistics, Autonomous
Infrastructure, Trade Loom Large for Trucking in the New Year
Business, Logistics
Seko Logistics Acquires GoodShip International
Seko Logistics, a supply chain solutions provider, has acquired GoodShip International Inc. The move marks Seko’s first full acquisition of another independent freight forwarding specialist in its 42-year history, the company stated in a Jan. 3 press release.
January 4, 2019Business, Logistics
Ravn Air Group Purchases Assets of Peninsula Airways
Ravn Air Group, a portfolio company of J.F. Lehman & Co., has purchased the assets of Peninsula Airways Inc., according to a Dec. 26 press release.
January 4, 2019Business, Logistics
Universal Logistics Acquires Container Connection in Latest Drayage Expansion
Universal Logistics Holdings, an asset-light provider of customized transportation and logistics solutions, has announced the acquisition of Deco Logistics and Oaktree Logistics, which conduct business as Container Connection.
January 4, 2019Business, Logistics, Top 100
Moving Company Study Shows More Residents Left New Jersey Than any Other State in 2018
A study by United Van Lines has revealed that Americans are moving west and south, according to a Jan. 2 press release.
January 4, 2019Business, Logistics
Union Sues GM, Says Laid-off Workers Should Replace Temps
DETROIT — The United Auto Workers union is accusing General Motors of violating a national contract by using temporary workers instead of employing full-timers who were laid off from its factories.
January 3, 2019Business, Logistics
Driver Turnover Falls at Large TL Carriers
The third-quarter turnover rate at large truckload carriers fell 11 percentage points to 87%, marking its lowest point since the first quarter of 2017 when it was 74%, American Trucking Associations reported.
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