UPS Inc. will acquire MNX Global Logistics for an undisclosed sum, the parcel delivery company said Sept. 28. The deal is expected to close by the end of the year.
October 3, 2023
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 | 2,150,000 |
2 | Kuehne + Nagel | Switzerland | 1,743,000 |
3 | DB Schenker | Germany | 1,377,000 |
4 | Panalpina Inc. | Switzerland | 1,038,700 |
5 | Expeditors International of Washington | United States | 1,011,563 |
6 | UPS Supply Chain Solutions | United States | 935,300 |
7 | Nippon Express | Japan | 899,116 |
8 | DSV A/S | Denmark | 689,045 |
9 | Bollore Logistics | France | 640,700 |
10 | Kintetsu World Express | Japan | 580,228 |
11 | Hellmann Worldwide Logistics | Germany | 578,007 |
12 | Sinotrans Ltd. | China | 533,300 |
13 | Ceva Logistics | France | 476,600 |
14 | Apex Logistics International | Hong Kong | 430,000 |
15 | Agility Logistics | Kuwait | 415,000 |
16 | Kerry Logistics | Hong Kong | 409,127 |
17 | Yusen Logistics | Japan | 368,198 |
18 | Geodis | France | 357,024 |
19 | Crane Worldwide Logistics | United States | 337,300 |
20 | Dachser SE | Germany | 335,500 |
21 | NNR Global Logistics | Japan | 315,011 |
22 | Hitachi Transport System | Japan | 300,000 |
23 | FedEx Logistics | United States | 276,400 |
24 | Pilot Freight Services | United States | 230,000 |
25 | C.H. Robinson Worldwide | United States | 225,000 |
26 | Dimerco Express Group | Taiwan | 224,100 |
27 | EFL | Sri Lanka | 196,875 |
28 | Logwin AG | Luxembourg | 180,000 |
29 | Damco/Maersk Logistics | The Netherlands | 176,000 |
30 | Cargo-Partner | Austria | 173,247 |
31 | Trinity Logistics USA | United States | 156,200 |
32 | AWOT Global Logistics Group | China | 141,766 |
33 | Mainfreight Ltd. | New Zealand | 127,174 |
34 | Toll Global Forwarding | Australia | 106,600 |
35 | Nissin Corp. | Japan | 100,000 |
36 | Beijing Harmony Shipping & Forwarding Agent | China | 100,000 |
37 | TransGroup Global Logistics | United States | 86,000 |
38 | BDP International | United States | 76,000 |
39 | OIA Global | United States | 75,000 |
40 | XPO Logistics | United States | 72,600 |
41 | Seko Logistics | United States | 70,000 |
42 | Imperial Logistics | South Africa | 53,660 |
43 | CJ Logistics America | South Korea | 53,575 |
44 | Mallory Alexander International Logistics | United States | 50,000 |
45 | BEL International Logistics | Hong Kong | 50,000 |
46 | APL Logistics | Singapore | 47,135 |
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
UPS Buys MNX Global to Bolster Health Care Options
Texas to Invest $240 Million in 31 Port Projects
Thirty-one ports in Texas will begin receiving an estimated $240 million in state funds to improve those facilities and bolster the state’s supply chains.
Trucker Path Launches Single-Trip Spot Insurance
Trucker Path is now providing all-risk spot cargo insurance coverage as single-trip policies and per-load pricing, the trucking technology company announced Sept. 27.
3PL Warehouse Services Buys Sky Transportation
Third-party logistics specialist Warehouse Services said Sept. 28 it acquired Texas-based Sky Trans Group Holdings for an undisclosed amount.
Crowley Names Dennis White to Lead Brokerage Operations
Crowley has selected Dennis White as its newest vice president of brokerage services, the maritime and logistics company announced Oct. 2.
Port of Baltimore’s Public Marine Terminals Set Cargo Record
The Port of Baltimore’s state-owned public marine terminals surpassed a cargo volume record reached in 2019 before the pandemic by handling 11.6 million tons of cargo during fiscal 2023.
Census Bureau: Two Trucking Sectors Prospered During Pandemic
Freight forwarding and longhaul trucking for truckload experienced the highest business booms for revenue during the pandemic, a new U.S. Census Bureau transportation analysis shows.
Low Water Levels on Mississippi River Delaying Barge Cargo
Barge operators are running lighter loads on the Mississippi River to compensate for the lack of water from months of dry weather. Prices paid to farmers for their crops are easing as a result.
Amazon to Open Pair of Facilities in Virginia Beach
Virginia Gov. Glenn Youngkin has announced Amazon will build a multistory robotics fulfillment center and “last mile” delivery station in Virginia Beach.
Bettaway Launches EV Tractor Rollout to Support Arizona Tea
Bettaway Supply Chain Services entered the electric vehicle space with the introduction of two all-electric yard tractors Sept. 26 to support its logistics operations in New Jersey.