XPO Inc. experienced a 294.1% increase in earnings year-over-year despite a soft freight environment during the first quarter of 2024, the company reported May 3.
May 3, 2024Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Airfreight Forwarders
Rank | Company | Headquarters | Airfreight (Metric Tons) |
---|---|---|---|
1 | Dart Global Logistics | 31,200 | |
2 | Noatum Logistics | Spain | 42,183 |
3 | BEL International Logistics | Hong Kong | 50,000 |
4 | TVS Supply Chain Solutions | India | 50,000 |
5 | Mallory Alexander International Logistics | United States | 50,000 |
6 | Gebruder Weiss | Austria | 53,000 |
7 | Imperial Logistics | South Africa | 53,660 |
8 | APL Logistics | Singapore | 54,000 |
9 | Nissin Corp. | Japan | 55,000 |
10 | OIA Global | United States | 59,000 |
11 | Savino Del Bene | Italy | 64,800 |
12 | XPO Logistics | United States | 70,200 |
13 | Clasquin | France | 71,257 |
14 | BDP International | United States | 76,000 |
15 | AIT Worldwide Logistics | United States | 97,628 |
16 | Beijing Harmony Shipping & Forwarding Agent | China | 100,000 |
17 | Scan Global Logistics A/S | Denmark | 101,000 |
18 | Mainfreight Ltd. | New Zealand | 114,736 |
19 | Toll Group | Australia | 117,400 |
20 | Worldwide Logistics Group | China | 129,732 |
21 | Seko Logistics | United States | 130,000 |
22 | LX Pantos | South Korea | 142,000 |
23 | Hitachi Transport System | Japan | 148,000 |
24 | Omni Logistics | United States | 149,978 |
25 | Trinity Logistics USA | United States | 164,000 |
26 | Maersk Logistics | Denmark | 173,648 |
27 | Cargo-Partner | Austria | 181,050 |
28 | Logwin AG | Luxembourg | 182,000 |
29 | EFL | Sri Lanka | 205,203 |
30 | Dimerco Express Group | Taiwan | 251,967 |
31 | FedEx Logistics | United States | 265,600 |
32 | Pilot Freight Services | United States | 280,000 |
33 | NNR Global Logistics | Japan | 288,837 |
34 | C.H. Robinson Worldwide | United States | 300,000 |
35 | Yusen Logistics | Japan | 326,000 |
36 | Crane Worldwide Logistics | United States | 337,300 |
37 | Geodis | France | 346,667 |
38 | Dachser SE | Germany | 365,000 |
39 | CTS International Logistics | China | 398,175 |
40 | Ceva Logistics | France | 474,000 |
41 | AWOT Global Logistics Group | China | 486,216 |
42 | Kerry Logistics | Hong Kong | 520,415 |
43 | Sinotrans Ltd. | China | 532,300 |
44 | Hellmann Worldwide Logistics | Germany | 552,640 |
45 | Kintetsu World Express | Japan | 556,875 |
46 | Bollore Logistics | France | 656,000 |
47 | UPS Supply Chain Solutions | United States | 965,700 |
48 | Nippon Express | Japan | 971,763 |
49 | Expeditors International of Washington | United States | 1,047,200 |
50 | DB Schenker | Germany | 1,400,000 |
Top 100 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 100 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 100 list.
Extras
XPO Posts Q1 Net Income Rise of 294% Despite Tough Market
I-95 in Connecticut Closed for Days as Crash Damages Bridge
NORWALK, Conn. — Workers on May 3 began removing a bridge over a Connecticut highway that was damaged in a fiery crash — a project expected to keep both sides of I-95 closed through the weekend.
May 3, 2024Houthis Threaten to Try to Attack Ships in Mediterranean Sea
The Houthi group based in Yemen threatened to start trying to attack ships in the eastern Mediterranean as it steps up a campaign of anti-Israeli assaults.
Schneider Reports Revenue Decline of 8% to $1.32B for Q1
Schneider experienced a year-over-year decline in revenue to $1.32 billion during the first quarter of 2024, the company reported May 2.
Maersk Sees Improved Prospects for Global Container Trade
A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide.
C.H. Robinson Reports Lower Revenue, Net Income for Q1
C.H. Robinson Worldwide experienced a year-over-year decline in revenue and earnings during the first quarter of 2024, the company reported May 1.
Body of Fifth Worker Found After Baltimore Bridge Collapse
BALTIMORE — Authorities said they have recovered the body of a fifth person who was missing after the collapse of the Francis Scott Key Bridge more than a month ago.
May 2, 2024FRA: Union Pacific Undermined Regulators’ Safety Efforts
OMAHA, Neb. — Union Pacific managers undermined the U.S. government’s efforts to assess safety at the railroad in the wake of several high-profile derailment, federal regulators say.
Buttigieg Calls on Congress to Pass Rail Bill
More than a year after a train derailment in Ohio captured mainstream attention, the nation’s top transportation officer again called on Congress to advance a freight safety bill.
Werner Posts Revenue, Earnings Decline for Q1
Werner Enterprises experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 30.