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, 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 Ocean Freight Forwarders
| Rank | Company | Headquarters | Ocean Containers |
|---|---|---|---|
| 1 | Kuehne + Nagel | Switzerland | 4,355,000 |
| 2 | DHL Supply Chain & Global Forwarding | Germany | 3,259,000 |
| 3 | Sinotrans Ltd. | China | 2,950,800 |
| 4 | DB Schenker | Germany | 2,126,800 |
| 5 | Panalpina Inc. | Switzerland | 1,520,500 |
| 6 | DSV A/S | Denmark | 1,389,611 |
| 7 | Expeditors International of Washington | United States | 1,070,424 |
| 8 | Kerry Logistics | Hong Kong | 1,053,485 |
| 9 | Hellmann Worldwide Logistics | Germany | 897,379 |
| 10 | Bollore Logistics | France | 856,000 |
| 11 | LF Logistics | Hong Kong | 778,796 |
| 12 | Yusen Logistics | Japan | 774,822 |
| 13 | Agility Logistics | Kuwait | 740,000 |
| 14 | Ceva Logistics | France | 729,000 |
| 15 | C.H. Robinson Worldwide | United States | 698,000 |
| 16 | Geodis | France | 690,000 |
| 17 | Damco/Maersk Logistics | The Netherlands | 659,000 |
| 18 | UPS Supply Chain Solutions | United States | 600,000 |
| 19 | Orient Overseas Container Line Ltd. | Hong Kong | 600,000 |
| 20 | Logwin AG | Luxembourg | 600,000 |
| 21 | Kintetsu World Express | Japan | 556,640 |
| 22 | Nippon Express | Japan | 550,000 |
| 23 | Worldwide Logistics Ltd. | China | 508,732 |
| 24 | Mallory Alexander International Logistics | United States | 500,000 |
| 25 | Hitachi Transport System | Japan | 500,000 |
| 26 | Dachser SE | Germany | 481,400 |
| 27 | Toll Global Forwarding | Australia | 434,000 |
| 28 | Honour Lane Shipping | Hong Kong | 326,490 |
| 29 | CJ Logistics | South Korea | 310,850 |
| 30 | Mainfreight Ltd. | New Zealand | 280,539 |
| 31 | BDP International | United States | 275,782 |
| 32 | Dimerco Express Group | Taiwan | 227,600 |
| 33 | CWT Pte. Ltd. | Singapore | 170,000 |
| 34 | EFL | Sri Lanka | 164,495 |
| 35 | Topocean Group Inc. | United States | 156,000 |
| 36 | De Well Group | China | 150,000 |
| 37 | NNR Global Logistics | Japan | 144,483 |
| 38 | XPO Logistics | United States | 131,500 |
| 39 | TransGroup Global Logistics | United States | 130,200 |
| 40 | MIQ Logistics | United States | 125,000 |
| 41 | Asia Shipping Transportes Internacionais | Brazil | 114,376 |
| 42 | APL Logistics | Singapore | 112,848 |
| 43 | Crane Worldwide Logistics | United States | 100,634 |
| 44 | Scanwell Logistics | United States | 100,000 |
| 45 | American Global Logistics | United States | 94,000 |
| 46 | Qingdao Jet Marine Logistics | China | 80,000 |
| 47 | City Ocean Logistics | China | 80,000 |
| 48 | Odyssey Logistics & Technology | United States | 73,000 |
| 49 | Sankyu Inc. | Japan | 71,894 |
| 50 | AWOT Global Logistics Group | China | 70,000 |
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
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55
On the Bubble
Verst Group
($172 million), Walton, Ky., provides air and ocean freight forwarding, customs brokerage, dedicated contract carriage, freight brokerage, freight payment and auditing, 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
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
Business, 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.
May 10, 2007Business, Logistics
CSX to Buy Back $1 Bln. in Stock
Eastern freight railroad CSX Corp. said Tuesday it will repurchase an additional $1 billion in its stock, boost its dividend 25% and make significant capital expenditures over the next four years, the Associated Press reported.
May 8, 2007Business, Logistics
EGL Says Ceva’s Offer ‘Superior’ to CEO’s
EGL Inc. said Monday that a $43 proposal by Ceva Group to acquire EGL is a “superior proposal” to a proposal led by its chief executive officer.
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