The joining of trucking companies comes with challenges throughout the merger and acquisition process. The slow-moving procedure was exacerbated during the boom/bust cycle of 2022-23.
May 10, 2024Sponsored 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 Ocean Freight Forwarders
| Rank | Company | Headquarters | Ocean Containers |
|---|---|---|---|
| 1 | Kuehne + Nagel | Switzerland | 4,690,000 |
| 2 | Sinotrans Ltd. | China | 3,360,300 |
| 3 | DHL Supply Chain & Global Forwarding | Germany | 3,225,000 |
| 4 | DB Schenker | Germany | 2,219,000 |
| 5 | Panalpina Inc. | Switzerland | 1,484,100 |
| 6 | DSV A/S | Denmark | 1,442,348 |
| 7 | Kerry Logistics | Hong Kong | 1,196,607 |
| 8 | Expeditors International of Washington | United States | 1,167,820 |
| 9 | C.H. Robinson Worldwide | United States | 1,000,000 |
| 10 | Hellmann Worldwide Logistics | Germany | 901,698 |
| 11 | Bollore Logistics | France | 864,000 |
| 12 | Fr. Meyer's Sohn | Germany | 850,000 |
| 13 | Ceva Logistics | France | 786,600 |
| 14 | LF Logistics | Hong Kong | 778,796 |
| 15 | Geodis | France | 777,675 |
| 16 | Yusen Logistics | Japan | 774,822 |
| 17 | Agility Logistics | Kuwait | 710,000 |
| 18 | Nippon Express | Japan | 686,206 |
| 19 | Kintetsu World Express | Japan | 663,915 |
| 20 | OOCL Logistics | Hong Kong | 646,000 |
| 21 | Damco/Maersk Logistics | The Netherlands | 639,132 |
| 22 | UPS Supply Chain Solutions | United States | 600,000 |
| 23 | Logwin AG | Luxembourg | 600,000 |
| 24 | Worldwide Logistics Ltd. | China | 580,325 |
| 25 | Hitachi Transport System | Japan | 532,000 |
| 26 | Dachser SE | Germany | 522,300 |
| 27 | Toll Global Forwarding | Australia | 503,400 |
| 28 | China Resources Logistics (Group) | Hong Kong | 500,000 |
| 29 | Honour Lane Shipping | Hong Kong | 447,846 |
| 30 | Mallory Alexander International Logistics | United States | 400,000 |
| 31 | Kingway Transportation Company | China | 400,000 |
| 32 | Cargo-Partner | Austria | 314,067 |
| 33 | Mainfreight Ltd. | New Zealand | 311,586 |
| 34 | BDP International | United States | 302,000 |
| 35 | Chinatrans International Logistics | China | 300,000 |
| 36 | CJ Logistics | South Korea | 279,802 |
| 37 | Zhejiang Jiulong International Logistics | China | 250,000 |
| 38 | Dimerco Express Group | Taiwan | 241,300 |
| 39 | Nissin Corp. | Japan | 215,000 |
| 40 | De Well Group | China | 210,000 |
| 41 | Cargo Services Far East | Hong Kong | 200,000 |
| 42 | Sino-Ocean Group | China | 192,000 |
| 43 | Zhejiang Chasen Freight Forwarding | China | 180,000 |
| 44 | CWT Pte. Ltd. | Singapore | 170,000 |
| 45 | NNR Global Logistics | Japan | 167,100 |
| 46 | EFL | Sri Lanka | 164,495 |
| 47 | Topocean Group Inc. | United States | 156,000 |
| 48 | Long Sail International Logistics | China | 150,000 |
| 49 | Noatum Logistics | Spain | 141,000 |
| 50 | TransGroup Global Logistics | United States | 140,200 |
| 51 | OIA Global | United States | 130,000 |
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.
53
On the Bubble
Crane Worldwide Logistics
($230 million), Houston, provides air and ocean freight forwarding, custom brokerage, intermodal and drayage and supply chain consulting.
Learn more about Transport Topics’ Top 50 Logistics Companies publication.
Logistics News
Business, Logistics
M&A Deals Require Intention and Involvement During Process
Business, Logistics
Port of Long Beach CEO Says Cargo Up Eighth Straight Month
Port of Long Beach CEO Mario Cordero said April numbers will show trade flows coming to the U.S. West Coast are continuing to strengthen.
May 9, 2024Business, Logistics
Forward Air Ends Eventful Q1 With Positive Revenue Growth
Forward Air Corp. ended an eventful first quarter with positive revenue growth but a decline in total earnings, the company reported May 8.
May 9, 2024Business, Logistics
Activist Investor Wins 3 Norfolk Southern Board Seats
Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted May 9 to elect three of the board members an activist investor nominated.
May 9, 2024Government, Business, Logistics
House to Examine Baltimore Bridge Collapse May 15
WASHINGTON — A House panel this month will review concerns associated with efforts at the Port of Baltimore, where crews will eventually rebuild the Francis Scott Key Bridge.
May 8, 2024Business, Technology, Equipment, Logistics
Nikola Q1 Loss Narrows; Cost of Truck Production Soars
Losses at Nikola in the first quarter narrowed year-over-year, and executives are more bullish than in previous quarters about the truck maker’s prospects even as production costs soar.
May 8, 2024Business, Safety, Logistics
Tornadoes Destroy Michigan FedEx Facility but Workers Safe
PAVILION TOWNSHIP, Mich. — Two reported tornadoes struck a Michigan city and the surrounding area May 7, destroying homes and commercial buildings, including a FedEx facility.
May 8, 2024Business, Logistics
GXO Posts Net Loss, but Revenue Increases to $2.46B in Q1
GXO Logistics experienced a decline in earnings on an increase in revenue to $2.46 billion during the first quarter of 2024, the company reported May 7.
May 8, 2024Business, Technology, Fuel, Logistics
WattEV’s Bakersfield Battery-Electric Charging Depot Opens
WattEV opened a battery-electric charging depot in Bakersfield, Calif., on May 6, its largest yet, the company said.
May 7, 2024Business, Technology, Logistics, Autonomous
C.H. Robinson Automates Email Responses With AI
C.H. Robinson says it has launched an artificial intelligence platform that automates responses to email requests from shippers seeking answers to commonplace inquiries.
May 7, 2024Archives
-
2023
-
2022
-
2021
-
2020
-
2019
-
2018
-
2017
-
2016
-
2015
-
2014
-
2013
-
2012
-
2011
-
2010
-
2009
-
2008
-
2007
-
2006
-
2005
