In the midst of a buoyant economy, less-than-truckload carrier Saia Inc. on Aug. 1 reported record second-quarter earnings. Saia said operating revenue was up nearly 18%, reaching nearly $428.7 million, or $1.18 a share, compared with $364.4 million, or 69 cents a share, for the same period in 2017.
August 1, 2018![Image](/sites/default/files/images/logos/top50logolog2021.png)
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 |
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.
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Extras
On the Bubble
Saia Follows Industry Trend With Record Earnings in 2Q
Vancouver Port Celebrates Completion of Freight Rail Project
Port of Vancouver administrators, along with political and industry leaders, stood atop a small stage in a largely vacant marine terminal the morning of July 31 to celebrate the completion of the $251 million West Vancouver Freight Access project.
Why the Trucking Shortage Is Costing You
A shortage of truck drivers that has been simmering in the United States for years has reached a full boil, causing anxiety from small factories to the Federal Reserve.
Truckers Say Port Everglades Terminal Boycott Still Possible
As the Aug. 1 deadline for a potential boycott looms, disagreements persist between members of the South Florida trucking community and Port Everglades Terminal LLC.
Landstar Analyst Invokes ‘Spaceballs’ in Bullish Freight Thesis
Landstar System’s stock is traveling at “ludicrous” speed after a series of bullish analyst calls, including one with references from the movie “Spaceballs.”
Echo Global Logistics Income, Revenue Jump
Echo Global Logistics reported record second-quarter net income of $7.7 million from a loss of $200,000 in the second quarter of 2017. The Chicago-based third-party logistics company reported earnings per share of 28 cents, up from a loss of minus 1 cent a share a year ago.
July 27, 2018TFI International Reports Improved Second-Quarter Earnings
Canadian transportation and logistics company TFI International reported second-quarter net income of C$80.4 million, or 89 cents per share, a significant turnaround from last year when TFI reported a quarterly loss of $75 million, or 82 cents per share.
Texas City Cracks Down on Truck Route Violators
An ordinance prohibiting commercial motor vehicles from traveling in the Odessa, Texas, city limits is beginning to show its effect, as five truckers were found guilty of violating the law July 25.
Chassis Pool OK’d for Georgia, South Carolina Ports
The creation of a common chassis pool by the port authorities for Georgia and South Carolina will go forward.
Savannah Port Sets Container Record
The year has been another one for the record books at the Savannah ports.