2018 Top Ocean Freight Forwarders

2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
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Top Ocean Freight Forwarders

Rank Company Headquarters Ocean Containers
1 Kuehne + Nagel Switzerland 4,355,000
2 DHL Global Forwarding Germany 3,259,000
3 Sinotrans Ltd. China 2,950,800
4 DB Schenker USA Germany 2,126,800
5 Panalpina Inc. Switzerland 1,520,500
6 DSV Panalpina A/S Denmark 1,389,611
7 Expeditors International of Washington United States 1,070,424
8 Kerry Logistics Network 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/NYK Logistics Japan 774,822
13 Agility Logistics Kuwait 740,000
14 Ceva Logistics Switzerland 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 Logistics Luxembourg 600,000
21 Kintetsu World Express Japan 556,640
22 Nippon Express Co. 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 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 Ltd. Singapore 170,000
34 EFL Sri Lanka 164,495
About the Rankings...
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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.
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Top 50 News
Business, Logistics, Top 50, Top 100

Ryder Steps in as Amazon Restricts Third-Party Sellers

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Ryder System Inc. is positioning itself to fill a major void left by Amazon.com Inc. after the online retail giant announced it will restrict warehouse space for third-party sellers.

Connor D. Wolf | Staff Reporter
July 30, 2020
Business, Top 50, Top 100

Ryder Posts Q2 Net Loss, Revenue Decline

Ryder

A net loss and a drop-off in revenue marked Ryder System Inc.’s second-quarter results.

Roger Gilroy | Senior Reporter
July 29, 2020
Business, Logistics, Top 50, Top 100

U.S. Xpress Reports Profit, Revenue Gains for Q2

U.S. Xpress truck

U.S. Xpress Enterprises’ net income and revenue increased during the second quarter, the Chattanooga, Tenn.-based carrier reported July 28.

Connor D. Wolf | Staff Reporter
July 29, 2020
Business, Logistics, Top 50

C.H. Robinson Profit, Revenue Fall in Q2 Over COVID-19 Impact

C.H. Robinson sign

C.H. Robinson Worldwide experienced a drop in second-quarter profit and a smaller dip in revenue as it dealt with the economic effects of the COVID-19 pandemic.

Jerry Hirsch | Contributing Writer
July 28, 2020
Business, Logistics, Top 50, Top 100

Landstar Reports Lower Net Income in Q2

Landstar System truck

Landstar System Holdings Inc. on July 22 reported second-quarter net income and revenue were down compared with last year’s levels.

Connor D. Wolf | Staff Reporter
July 23, 2020
Business, Logistics, Top 50

Echo Global Reports $514 Million in Q2 Revenue

Echo Global Logistics office

Echo Global Logistics saw a large drop in profit but a smaller decline in revenue during the second quarter.

Jerry Hirsch | Contributing Writer
July 23, 2020
Business, Technology, Logistics, Top 50

C.H. Robinson, Microsoft Forge Alliance to Enhance Supply Chain Monitoring

C.H. Robinson sign

C.H. Robinson and Microsoft Corp. have aligned with the goal of digitally transforming supply chains to improve monitoring, the logistics company announced July 14.

Connor D. Wolf | Staff Reporter
July 15, 2020
Business, Logistics, Top 50

Pilot Freight Services Adds Five Franchise Locations

Pilot Freight Services

Transportation and logistics company Pilot Freight Services has added five franchise locations to enhance services for the automotive, health care, home furnishings, industrial products and packaging industries.

July 6, 2020
Business, Logistics, Top 50, Top 100

FedEx Posts Loss in Q4, Shows Improvement From Year Ago

FedEx Ground truck

FedEx said its fourth-quarter net income was a loss of $334 million, or negative $1.28 a share, compared with a loss of $1.97 billion, or negative $7.56 a share, in the 2019 period.

Dan Ronan | Associate News Editor
July 1, 2020
Business, Equipment, Logistics, Top 50, Top 100

Schneider Leverages Carrier Network With FreightPower Launch

Schneider truck

Schneider launched a new marketplace, Schneider FreightPower, to give shippers access to an expanded and flexible capacity network.

June 3, 2020

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