Universal Logistics Holdings well surpassed expectations with both revenue and earnings increasing year-over-year during the first quarter of 2024, the company reported.
April 26, 2024Sponsored by:
2016 Essential Financial and Operating Information for the 50 largest logistics companies in the U.S. and Canada
Up Front
Learn how to be included in the 2017 Top 50 Logistics Companies listing.
As online sales continue to soar, so have the expectations of consumers for goods to be delivered quickly and cheaply.
Our April 20 LiveOnWeb webcast looked at how online shopping is creating enormous disruption to freight networks and modes of delivery. Plus we looked back at the new TT Top 50 Logistics Companies rankings. Watch the replay.
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 | 2,085,000 |
| 2 | Kuehne + Nagel | Switzerland | 1,250,000 |
| 3 | DB Schenker | Germany | 1,092,000 |
| 4 | UPS Supply Chain Solutions | United States | 935,300 |
| 5 | Expeditors International of Washington | United States | 872,480 |
| 6 | Panalpina Inc. | Switzerland | 836,200 |
| 7 | Nippon Express | Japan | 711,354 |
| 8 | Hellmann Worldwide Logistics | Germany | 561,240 |
| 9 | Bollore Logistics | France | 555,000 |
| 10 | Sinotrans Ltd. | China | 536,200 |
| 11 | Kintetsu World Express | Japan | 478,000 |
| 12 | Ceva Logistics | France | 451,000 |
| 13 | Agility Logistics | Kuwait | 372,700 |
| 14 | UTi Worldwide | 353,300 | |
| 15 | Yusen Logistics | Japan | 344,000 |
| 16 | DSV Air & Sea Ltd. | Denmark | 311,193 |
| 17 | Geodis | France | 299,032 |
| 18 | Kerry Logistics | Hong Kong | 282,200 |
| 19 | Dachser SE | Germany | 275,300 |
| 20 | NNR Global Logistics | Japan | 264,068 |
| 21 | Pilot Freight Services | United States | 220,000 |
| 22 | Crane Worldwide Logistics | United States | 213,000 |
| 23 | Dimerco Express Group | Taiwan | 202,000 |
| 24 | Hitachi Transport System | Japan | 190,000 |
| 25 | Apex Logistics International | Hong Kong | 187,000 |
| 26 | Damco/Maersk Logistics | The Netherlands | 180,000 |
| 27 | Logwin AG | Luxembourg | 152,000 |
| 28 | C.H. Robinson Worldwide | United States | 115,000 |
| 29 | Toll Global Forwarding | Australia | 114,000 |
| 30 | Beijing Harmony Shipping & Forwarding Agent | China | 100,000 |
| 31 | BDP International | United States | 87,000 |
| 32 | Mainfreight Ltd. | New Zealand | 86,547 |
| 33 | XPO Logistics | United States | 72,612 |
| 34 | Girag Air Cargo | 70,200 | |
| 35 | American Global Logistics | United States | 50,000 |
| 36 | BEL International Logistics | Hong Kong | 50,000 |
| 37 | OIA Global | United States | 43,668 |
| 38 | Scanwell Logistics | United States | 40,000 |
| 39 | Shanghai Hengrong International Transportation | China | 40,000 |
| 40 | CJ Logistics | South Korea | 39,100 |
| 41 | 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
A former Transport Topics editor who worked at Amazon examines the hustle and bustle of the online retailer.
55
On the Bubble
Damco International
($158 million), Jamaica, New York, provides air and ocean freight forwarding, customs brokerage, supply chain consulting, transportation management and warehousing and distribution.
Visit our new sector pages for top brokerage firms, warehousing firms, dedicated contract carriers, ocean freight forwarders and airfreight forwarders.
If your company appears in the 2016 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics' Top 50 Logistics Companies Publication.
Find out where the carriers are by regions and by state in North America with our interactive map.
Logistics News
Business, Logistics
Universal Logistics Reports 12.5% Revenue Boost for Q1
Business, Logistics
Landstar Reports Revenue Decline for Q1
Landstar System Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 24.
April 25, 2024Business, Safety, Logistics, TCA
First Ship Leaves Port of Baltimore via Deeper Channel
The first of 11 ships trapped for a month behind the wreckage of the Francis Scott Key Bridge left the Port of Baltimore April 25 using an alternate shipping channel that had just opened.
April 25, 2024Business, Logistics
Covenant Q1 Profit Slumps 76% on Freight Rate Weakness
Covenant Logistics Group profits tumbled in the first quarter of 2024, with freight rates and volumes taking a toll on earnings as expected.
April 25, 2024Government, Business, Technology, Logistics, Global Freight
Amazon Web Services to Build Data Center in Northern Indiana
NEW CARLISLE, Ind. — Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced.
April 25, 2024Business, Logistics, Global Freight
Union Pacific’s First-Quarter Profit Creeps Up 1%
OMAHA, Neb. — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight.
April 25, 2024Business, Logistics, Breaking News
Tonnage Numbers Hit 13th Month of Declines
Truck tonnage reached 13 consecutive months of year-over-year declines after a slight decrease in March, American Trucking Associations reported April 23.
April 24, 2024Government, Business, Fuel, Logistics
DOT Grant Program Focuses on Commercial Ports
The U.S. Department of Transportation announced grants for ports and supply chain corridors as part of the White House’s strategy for advancing a zero-emission freight landscape.
April 24, 2024Business, Logistics, For-Hire
Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO
Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.
April 24, 2024Business, Safety, Logistics
Norfolk Southern Reports Lower Earnings After Settlement
Norfolk Southern’s first-quarter earnings report gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him.
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