Freight railroad CSX Corp. said its second-quarter profit fell 20% as fuel surcharges and shipments dropped.
July 14, 2009Logistics 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 | CWT Pte. Ltd. | Singapore | 170,000 |
47 | Scan Global Logistics A/S | Denmark | 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.
Extras
On the Bubble
Carter Logistics Opens Cross-Dock in Mich.
Third-party logistics firm Carter Logistics said it has opened a new cross-dock facility in Romulus, Mich.
July 15, 2009Yucaipa Cos. Acquires 49% Stake in Eimskip Cold Storage Business
The Yucaipa Cos., a private equity firm, bought a 49% stake in Versacold International Corp., an operator of temperature-controlled warehouses, from Icelandic shipping and logistics company Hf. Eimskipafelag Islands, or Eimskip.
July 15, 2009CSX Profit Falls 20% in Second Quarter
CEVA Recruits Ryan as First COO
CEVA Logistics has appointed Matthew Ryan its first chief operating officer, the company announced on July 2. He will manage the company’s global operations team and be responsible for global procurement, CEVA said.
July 14, 2009Expeditors Releases 2Q Earnings Guidance
Logistics firm Expeditors International of Washington said Monday its second-quarter earnings will likely be 24 cents to 26 cents per share, down from 32 cents a year ago.
July 13, 2009Trucking’s Safety Emphasis Pays Off
At a time when good news in the trucking industry is hard to come by, the National Highway Traffic Safety Administration served up a generous helping of it last week when it said that truck-related highway fatalities plummeted 12% last year.
July 13, 2009Don’t Ignore NTSB Suggestions, Nominee Hersman Tells Congress
WASHINGTON — Debbie Hersman, President Obama’s choice to lead the National Transportation Safety Board, told a Senate committee that other transportation agencies should voluntarily adopt the board’s recommendations, and if they don’t, Congress should order them to.
July 13, 2009Truck Fatalities Fall 12%
Truck-related highway fatalities plummeted 12% in 2008 to 4,229, the lowest total since the federal government began keeping records, the National Highway Traffic Safety Administration said.
July 13, 2009Schneider Sells Czech Logistics Business
Schneider Logistics said it has sold its operations based in Olomouc, Czech Republic, to ExlService Holdings, an outsourcing company.
July 8, 2009Quiet Logistics Expands Kiva System Capacity
Third-party logistics firm Quiet Logistics has tripled the capacity in its Kiva Mobile Fulfillment System in less than six months, Kiva said.
July 7, 2009