2023 Essential Financial and Operating Information for the 100 Largest Logistics Companies in North America
Up Front

Top 100 logistics firms keep growing despite freight market normalization in 2022

Logistics providers are adopting new tech, automating warehouse operations and optimizing fulfillment

Find out where the Top 100 Logistics companies are located by region; click links to view details about the company

Rankings
Rank Company Headquarters Ocean Containers
1 Kuehne + Nagel Switzerland 4,386,000
2 Sinotrans Ltd. China 3,890,000
3 DHL Supply Chain & Global Forwarding Germany 3,294,000
4 DSV A/S Denmark 2,665,147
5 DB Schenker Germany 1,935,000
6 LX Pantos South Korea 1,527,000
7 C.H. Robinson Worldwide United States 1,425,000
8 Ceva Logistics France 1,300,000
9 Kerry Logistics Hong Kong 1,176,370
10 Geodis France 1,146,100
11 Hellmann Worldwide Logistics Germany 977,500
12 Expeditors International of Washington United States 942,500
13 Worldwide Logistics Group China 862,742
14 CTS International Logistics China 805,651
15 Fr. Meyer's Sohn Germany 800,000
16 Bollore Logistics France 793,000
17 Nippon Express Japan 756,741
18 Yusen Logistics Japan 742,000
19 OOCL Logistics Hong Kong 720,000
20 Kintetsu World Express Japan 697,828
21 Savino Del Bene Italy 685,000
22 Logwin AG Luxembourg 659,000
23 UPS Supply Chain Solutions United States 620,000
24 Dachser Germany 613,460
25 AllCargo Logistics India 608,000
26 Cargo Services Far East Hong Kong 600,000
27 Toll Group Australia 523,300
28 Logisteed Japan 455,000
29 Mainfreight Ltd. New Zealand 424,610
30 Honour Lane Shipping Hong Kong 418,877
31 Asia Shipping Transportes Internacionais Brazil 392,693
32 Seko Logistics United States 340,000
33 Manuport Logistics Belgium 310,000
34 Cargo-Partner Austria 308,000
35 Alonso Forwarding Spain 298,485
36 CJ Logistics South Korea 271,332
37 Clasquin France 263,796
38 AWOT Global Logistics Group China 255,000
39 Scan Global Logistics A/S Denmark 245,000
40 EFL Global Sri Lanka 227,696
41 Dimerco Express Group Taiwan 224,447
42 Nissin Corp. Japan 223,520
43 NNR Global Logistics Japan 173,186
44 Gebrüder Weiss Austria 162,000
45 Maersk Logistics Denmark 158,000
46 Crane Worldwide Logistics United States 125,000
47 Matson United States 102,454
48 AIT Worldwide Logistics United States 93,158
49 OIA Global United States 88,000
50 Mode Global United States 76,000
51 ITG Transportation Services United States 70,000
Extras

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Inventory buildup and decreased transportation costs contribute to increased growth in 2022

 

Learn more about how companies are selected for Transport Topics' Top 100 largest logistics companies list

 

Logistics News
Business, Logistics

Seroka Sees Chance to Ease Ship Backlog by Summer Peak

U.S. supply chains have a chance to return to more normal operations after retailers replenish inventories next quarter, even if the next peak shipping season arrives sooner than usual, Port of Los Angeles Executive Director Gene Seroka said Feb. 9.

Laura Curtis | Bloomberg News
February 9, 2022
Business, Logistics

Maersk Sees Record Profit as Demand Surges

COPENHAGEN, Denmark — Maersk said that 2021 was its most profitable year yet, bringing in $18.7 billion as surging demand from a rebounding global economy led to supply chain logjams.

February 9, 2022
Government, Business, Safety, Logistics

Canada’s COVID-19 Protests Threaten Border Trade With US

OTTAWA — Canadian lawmakers expressed increasing worry about the economic effects of disruptive demonstrations after the busiest border crossing between the U.S. and Canada became partially blocked by truckers protesting vaccine mandates.

February 8, 2022
Government, Business, Logistics

Wave of US LNG Ships Headed to Europe Sends Freight Rates Below Zero

The cost to transport a shipment of U.S. liquefied natural gas to energy-starved Europe turned negative, a dramatic reversal that illustrates a growing glut of ships in the Atlantic ferrying American fuel.

Ann Koh | Bloomberg News
February 8, 2022
Business, Logistics

Metals Prices Reach Record as Shipping Costs Surge

Surging prices of the raw materials needed for refrigerators, automobiles, window frames and plumbing show no signs of abating as America’s supply chain crisis spills into another year.

Joe Deaux and Yvonne Yue Li | Bloomberg News
February 7, 2022
Business, Logistics

Amazon’s $191 Billion Jump Sets Record for Market Value Gain

Amazon.com Inc. shares surged 14% on Feb. 4, adding about $191 billion in market value, after investors cheered its fourth-quarter earnings report. The advance was the biggest single-day gain in U.S. stock market history.

February 4, 2022
Business, Logistics

CFI Plans to Upgrade Tractors, Raise Pay

TFI International operating company CFI on Feb. 2 detailed plans to upgrade its fleet equipment and increase driver pay this year.

February 4, 2022
Business, Equipment, Logistics, Top 100

Yellow Reports Mixed Q4, 2021 Results

Less-than-truckload carrier Yellow Corp. reported mixed year-over-year fourth-quarter and full year earnings.

Dan Ronan | Senior Reporter
February 3, 2022
Government, Business, Logistics

Kansas City Southern Earnings Rise

As it undertakes a $30 billion merger, Kansas City Southern released its fourth-quarter and full-year 2021 financial report on Jan. 28.

Dan Ronan | Senior Reporter
February 3, 2022
Government, Business, Logistics

Bulk Shipping Rates Extend Slide on Weak Demand From China

A slowdown in China’s steel production is curbing demand for bulk ships to transport iron ore, driving a steady decline in global freight rates from October’s peak.

Ann Koh | Bloomberg News
February 3, 2022
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