Con-way Inc. unit Menlo Worldwide and Cougar Logistics Corp. said Thursday they have signed an agreement under which Menlo will purchase Cougar for $33.9 million.
June 7, 2007Sponsored by:
2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
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Rankings
Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Airfreight Forwarders
| Rank | Company | Headquarters | Airfreight (Metric Tons) |
|---|---|---|---|
| 1 | DHL Supply Chain & Global Forwarding | Germany | 2,248,000 |
| 2 | Kuehne + Nagel | Switzerland | 1,570,000 |
| 3 | DB Schenker | Germany | 1,226,200 |
| 4 | Panalpina Inc. | Switzerland | 995,900 |
| 5 | Expeditors International of Washington | United States | 985,549 |
| 6 | UPS Supply Chain Solutions | United States | 935,300 |
| 7 | Nippon Express | Japan | 705,478 |
| 8 | Hellmann Worldwide Logistics | Germany | 654,104 |
| 9 | DSV A/S | Denmark | 635,655 |
| 10 | Bollore Logistics | France | 569,000 |
| 11 | Sinotrans Ltd. | China | 532,400 |
| 12 | Kintetsu World Express | Japan | 495,947 |
| 13 | Ceva Logistics | France | 480,000 |
| 14 | Agility Logistics | Kuwait | 415,000 |
| 15 | Yusen Logistics | Japan | 368,198 |
| 16 | Geodis | France | 330,000 |
| 17 | NNR Global Logistics | Japan | 321,704 |
| 18 | Apex Logistics International | Hong Kong | 320,000 |
| 19 | Kerry Logistics | Hong Kong | 313,800 |
| 20 | Crane Worldwide Logistics | United States | 281,083 |
| 21 | Hitachi Transport System | Japan | 280,000 |
| 22 | FedEx Logistics | United States | 276,400 |
| 23 | Dachser SE | Germany | 272,100 |
| 24 | Dimerco Express Group | Taiwan | 233,700 |
| 25 | Pilot Freight Services | United States | 220,000 |
| 26 | EFL | Sri Lanka | 196,875 |
| 27 | Damco/Maersk Logistics | The Netherlands | 190,000 |
| 28 | C.H. Robinson Worldwide | United States | 175,000 |
| 29 | Logwin AG | Luxembourg | 140,000 |
| 30 | Mainfreight Ltd. | New Zealand | 121,553 |
| 31 | Toll Global Forwarding | Australia | 91,000 |
| 32 | TransGroup Global Logistics | United States | 76,000 |
| 33 | BDP International | United States | 76,000 |
| 34 | XPO Logistics | United States | 72,600 |
| 35 | Seko Logistics | United States | 70,000 |
| 36 | OIA Global | United States | 65,000 |
| 37 | AWOT Global Logistics Group | China | 60,000 |
| 38 | CJ Logistics | South Korea | 57,014 |
| 39 | American Global Logistics | United States | 50,000 |
| 40 | APL Logistics | Singapore | 47,135 |
| 41 | Scanwell Logistics | United States | 40,000 |
| 42 | Sankyu Inc. | Japan | 38,756 |
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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53
On the Bubble
Radiant Logistics
($190 million), Bellevue, Wash., provides air and ocean freight forwarding, customs 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
Dynamex Reports Higher 1Q Earnings
Logistics and delivery firm Dynamex Inc. said its fiscal third-quarter profit rose to $3.5 million or 32 cents a share, from $3.2 million or 29 cents a year earlier.
June 7, 2007Government, Business, Technology, Logistics
Hub Group Buys Intermodal Firm
Third-party logistics company and freight broker Hub Group said it will acquire the assets of Interdom Partners, an intermodal marketing company, for $26 million.
June 7, 2007Business, Logistics
Menlo Buying Asian Logistics Firm
Business, Logistics, Autonomous
Norfolk Southern Plans $2 Bln. Rail Corridor
Eastern freight rail line Norfolk Southern Corp. plans to build a rail corridor costing more than $2 billion from Louisiana to the Northeast that it said would speed shipments and reduce truck freight, the Associated Press reported.
June 7, 2007Business, Fuel, Government, Logistics
Ceva Secures EGL Financing
The private-equity parent company of Ceva Group has received a commitment of $2.95 billion in debt financing to fund the buyout of air freight forwarder EGL Inc., Bloomberg reported Tuesday.
June 6, 2007Government, Business, Safety, Logistics
Border Measures Boosting Costs
Security measures at the Canada-U.S. border introduced since 9/11 have not slowed the flow of goods into the United States but have added to costs for Canadian companies, according to new report, the Ottawa Citizen newspaper reported.
June 5, 2007Fuel, Business, Logistics, Government
Diesel Dips 1.8¢ to $2.799; Gas Falls 5.2¢ to $3.157
Diesel fuel’s national average retail price fell 1.8 cents to $2.799 a gallon, while gasoline dropped more than a nickel to $3.157, the Department of Energy reported Monday.
June 5, 2007Business, Logistics, Government
U.S. Truck Freight Falls
U.S. truck tonnage in the United States declined again in April — the ninth downturn in the past 10 months — showing the effects of a national economy in flux.
June 4, 2007Business, Logistics
Ceva’s First-Quarter Loss Widens
Ceva Group Plc said it lost 14.9 million euros (about $20 million) in the first quarter, compared with a loss of 7.7 million euros ($10.4 million) a year earlier.
May 31, 2007Business, Logistics, Government
Chicago Factory Index Rises in May
Manufacturing activity in the Chicago region accelerated in May, the National Association of Purchasing Management said Thursday.
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