Landstar System Holdings Inc. on July 22 reported second-quarter net income and revenue were down compared with last year’s levels.
July 23, 2020Sponsored by:
2021 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
The pandemic-driven spike in online shopping has forced firms to adjust operations.
For the 2021 list, we've decided to use a different metric to rank companies.
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 | 4,550,000 |
| 2 | Sinotrans Ltd. | China | 3,770,000 |
| 3 | DHL Supply Chain & Global Forwarding | Germany | 2,832,000 |
| 4 | DSV A/S | Denmark | 2,204,902 |
| 5 | DB Schenker | Germany | 2,042,000 |
| 6 | C.H. Robinson Worldwide | United States | 1,200,000 |
| 7 | Ceva Logistics | France | 1,050,000 |
| 8 | Kerry Logistics | Hong Kong | 1,019,924 |
| 9 | Expeditors International of Washington | United States | 1,012,600 |
| 10 | Hellmann Worldwide Logistics | Germany | 955,800 |
| 11 | Geodis | France | 866,631 |
| 12 | Fr. Meyer's Sohn | Germany | 850,000 |
| 13 | Yusen Logistics | Japan | 764,000 |
| 14 | Bollore Logistics | France | 761,000 |
| 15 | Agility Logistics | Kuwait | 740,000 |
| 16 | Worldwide Logistics Group | China | 707,803 |
| 17 | Logwin AG | Luxembourg | 690,000 |
| 18 | AllCargo Logistics | India | 684,000 |
| 19 | Nippon Express | Japan | 660,152 |
| 20 | OOCL Logistics | Hong Kong | 660,000 |
| 21 | Kintetsu World Express | Japan | 644,464 |
| 22 | Leschaco | Germany | 636,000 |
| 23 | UPS Supply Chain Solutions | United States | 620,000 |
| 24 | Damco/Maersk Logistics | The Netherlands | 577,084 |
| 25 | Cargo Services Far East | Hong Kong | 566,000 |
| 26 | Toll Group | Australia | 527,200 |
| 27 | Dachser SE | Germany | 520,000 |
| 28 | LF Logistics | Hong Kong | 500,000 |
| 28 | China Resources Logistics (Group) | Hong Kong | 500,000 |
| 30 | Hitachi Transport System | Japan | 462,000 |
| 31 | Honour Lane Shipping | Hong Kong | 418,630 |
| 32 | Kingway Transportation Company | China | 400,000 |
| 32 | Mallory Alexander International Logistics | United States | 400,000 |
| 34 | Asia Shipping Transportes Internacionais | Brazil | 391,820 |
| 35 | Mainfreight Ltd. | New Zealand | 337,504 |
| 36 | Long Sail International Logistics | China | 314,173 |
| 37 | Cargo-Partner | Austria | 314,067 |
| 38 | Noatum Logistics | Spain | 307,000 |
| 39 | BDP International | United States | 302,000 |
| 40 | Chinatrans International Logistics | China | 300,000 |
| 41 | Zhejiang Jiulong International Logistics | China | 250,000 |
| 42 | Nissin Corp. | Japan | 230,000 |
| 43 | Dimerco Express Group | Taiwan | 228,934 |
| 44 | De Well Group | China | 195,000 |
| 45 | Sino-Ocean Group | China | 192,000 |
| 46 | Zhejiang Chasen Freight Forwarding | China | 180,000 |
| 47 | Scan Global Logistics A/S | Denmark | 170,000 |
| 47 | CWT Pte. Ltd. | Singapore | 170,000 |
| 49 | EFL | Sri Lanka | 167,312 |
| 50 | CJ Logistics | South Korea | 136,644 |
| 51 | XPO Logistics | United States | 127,200 |
| 52 | Crane Worldwide Logistics | United States | 125,000 |
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
Evan Armstrong breaks down how COVID-19 challenged companies in 2020.
55
On the Bubble
ArcBest Corp.
($779 million), Fort Smith, Ark., 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.
If your company appears on the 2021 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics' Top 50 Logistics Companies publication.
Logistics News
Business, Logistics, Top 50, Top 100
Landstar Reports Lower Net Income in Q2
Business, Logistics, Top 50
Echo Global Reports $514 Million in Q2 Revenue
Echo Global Logistics saw a large drop in profit but a smaller decline in revenue during the second quarter.
July 23, 2020Government, Business, Fuel, Logistics, Top 100
Baker Hughes Bracing for Second Wave of COVID-19 Lockdowns
Baker Hughes Co. is bracing for a second wave of pandemic-induced lockdowns after the virus crippled economic activity around the world and compounded a historic oil bust.
July 22, 2020Business, Logistics
Canadian National Q2 Earnings Squeezed by Pandemic
Canadian National Railway is the latest Class I railroad to feel the impact of the COVID-19 pandemic.
July 22, 2020Government, Business, Logistics
DOD Re-Awards $7.2 Billion Household Goods Moving Contract
The Department of Defense has re-awarded a $7.2 billion household goods moving contract just two weeks after it had pledged to take corrective action on the contested award by two competitors.
July 22, 2020Government, Business, Logistics
US Sales of Existing Homes Jump 20% After 3-Month Slump
Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of homes for sale.
July 22, 2020Business, Technology, Logistics
Banyan Debuts LTL Freight Pricing App
Freight pricing data provider Banyan Technology has launched a real-time data connectivity platform called Insights that is designed to help less-than-truckload carriers balance and maximize capacity on their networks, and also provide measurable savings for shippers, the company said.
July 21, 2020Business, Logistics, Breaking News
June Tonnage Dips 1.3% Year-Over-Year
Truck tonnage in June declined 1.3% when compared with year-ago levels, but on a monthly basis surged 8.7% above May.
July 21, 2020Government, Business, Technology, Fuel, Logistics
Ford, VW Electric Models May Be Delayed by Trade-Secret Fight
Ford Motor Co. and Volkswagen AG warned a swirling legal dispute between two South Korean battery suppliers could threaten their plans to start producing electric vehicles in the U.S.
July 21, 2020Government, Business, Logistics
COVID-19 Continues to Damage Business at Nation’s Ports on Both Coasts
The COVID-19 pandemic and Trump administration trade policies with China will result in at least a 15% drop in cargo this year at the Port of Los Angeles, the nation’s busiest seaport.
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