EGL Inc. said Thursday it had accepted a $2 billion bid to be acquired by the Ceva Group, which is owned by private-equity firm Apollo Management.
May 25, 2007Sponsored by:
2019 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
Evan Armstrong breaks down how logistics segments performed in 2018.
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 | 2,150,000 |
| 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 | 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 |
| 47 | Scanwell Logistics | United States | 40,000 |
| 48 | Shanghai Hengrong International Transportation | China | 40,000 |
| 49 | Sankyu Inc. | Japan | 38,756 |
| 50 | Cargo Services Far East | Hong Kong | 31,000 |
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
If your company appears in the 2019 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
54
On the Bubble
Averitt Express
($225 million), Cookeville, Tenn., provides air and ocean freight forwarding, custom brokerage, dedicated contract carriage, freight brokerage, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, supply chain consulting, transportation management and warehousing and distribution.
Learn more about Transport Topics’ Top 50 Logistics Companies publication.
Logistics News
Business, Logistics
EGL Accepts Ceva’s Bid
Fuel, Business, Logistics, Government
Diesel Price Rises 3¢ to $2.803; Gas Jumps to Another Record
Diesel fuel’s national average price climbed 3 cents to $2.803 a gallon and gasoline continued to soar, setting an all-time record for the second straight week with an 11.5-cent spike to $3.218, the Department of Energy said Monday.
May 22, 2007Business, Logistics
Ceva Boosts EGL Offer to $2 Billion
Ceva Logistics said Monday it has made a new offer to buy EGL Inc., raising its per-share offer to $47.50 a share, or about $2 billion total.
May 21, 2007Business, Government, Safety, Logistics
Fleets Offer Expanded Storage Options
With demand for freight-hauling services relatively slack, some trucking companies are branching out beyond logistics to offer more warehousing services.
May 21, 2007Business, Logistics
Penske, ABX Form Brazil Venture
Penske Logistics and ABX Logistics said Friday they have formed a new joint venture in Brazil to provide international freight management services in that country.
May 18, 2007Business, Technology, Government, Logistics
CP Workers Begin Strike
About 3,200 track workers for Canadian Pacific Railway went on strike Wednesday, slowing down trucks picking up containers stored at rail terminals, Canada’s Globe and Mail reported.
May 17, 2007Business, Logistics
US 1 Industries’ Income Dips
Logistics firm US 1 Industries’ first-quarter income fell to $370,000 or 3 cents a share, from $695,000 or 6 cents a year ago.
May 16, 2007Business, Logistics, Fuel, Government
Diesel Drops Another 1.9¢; Gas Soars to Record $3.103
Diesel’s national average pump price dipped 1.9 cents to $2.773 a gallon, while gasoline jumped 4.9 cents to an all-time record $3.103, the Department of Energy said Monday.
May 15, 2007Government, Business, Logistics
Clarke Sets 2-for-1 Stock Split
Canadian holding company Clarke Inc. said Thursday its first-quarter earnings improved, and the company’s board approved a 2-for-1 stock split.
May 10, 2007Business, Government, Logistics
U.K. Hedge Fund Seeks Rail Returns
A British hedge fund that owns shares of U.S. railroads Union Pacific Corp. and BNSF Railway, in addition to its previously disclosed holdings of CSX Corp., wants better returns from its U.S. rail holdings, Bloomberg reported.
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