2020 Top Ocean Freight Forwarders

2020 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 Containerssort descending
1 CWT Ltd. Singapore 170,000
2 Zhejiang Chasen Freight Forwarding China 180,000
3 Sino-Ocean Group China 192,000
4 Asia Shipping Transportes Internacionais Brazil 195,000
5 Odyssey Logistics & Technology United States 200,000
6 Horizon Air Freight United States 200,000
7 EFL Sri Lanka 201,958
8 De Well Group China 210,000
9 Dimerco Express Group Taiwan 225,800
10 Nissin Corp. Japan 230,000
11 Zhejiang Jiulong International Logistics China 250,000
12 Hitachi Transport System Japan 260,000
13 Noatum Logistics Spain 289,100
14 Chinatrans International Logistics China 300,000
15 BDP International United States 302,000
16 CJ Logistics South Korea 309,851
17 Cargo-Partner Austria 314,067
18 Mainfreight Ltd. New Zealand 342,741
31 Mallory Alexander International Logistics United States 400,000
31 Kingway Transportation Company China 400,000
21 Honour Lane Shipping Hong Kong 418,630
28 LF Logistics Hong Kong 500,000
28 China Resources Logistics (Group) Hong Kong 500,000
24 Toll Group Australia 533,600
25 Dachser Germany 536,900
26 Cargo Services Far East Hong Kong 556,000
27 Damco/Maersk Logistics The Netherlands 577,084
28 UPS Supply Chain Solutions United States 620,000
29 Worldwide Logistics Group China 630,218
30 Leschaco Germany 636,000
31 OOCL Logistics Hong Kong 650,000
32 AllCargo Logistics India 684,000
33 Logwin Logistics Luxembourg 690,000
34 Kintetsu World Express Japan 700,043
35 Nippon Express Japan 703,061
36 Agility Logistics Kuwait 740,000
37 Ceva Logistics Switzerland 786,600
38 Geodis France 798,137
39 Yusen Logistics/NYK Logistics Japan 815,000
40 Bollore Logistics France 839,000
41 Fr. Meyer's Sohn Germany 850,000
42 Hellmann Worldwide Logistics Germany 955,800
43 C.H. Robinson Worldwide United States 1,000,000
44 Expeditors International of Washington United States 1,125,137
45 Kerry Logistics Network Hong Kong 1,325,000
46 DSV Panalpina A/S Denmark 1,907,126
47 DB Schenker USA Germany 2,260,000
48 DHL Global Forwarding Germany 3,207,000
49 Sinotrans Ltd. China 3,740,000
50 Kuehne + Nagel Switzerland 4,861,000
About the Rankings...
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51

On the Bubble

Averitt Express ($260 million), Cookeville, Tenn., provides air and ocean freight forwarding, custom brokerage, dedicated contract carriage, freight brokerage, 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.
Top 50 News
Business, Technology, Safety, Logistics, Top 50

COVID-19 Exposes Cold Chain Problems, Solutions

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The coronavirus pandemic has presented new challenges and opportunities for innovation in cold chain shipments.

Connor D. Wolf | Staff Reporter
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Government, Business, Logistics, Top 50, Top 100

UPS Expects 40% Jump in Vaccine Doses Next Week, Peak in May

A UPS truck exits a distribution center in Chicago in November 2020. (Christopher Dilts/Bloomberg News)

UPS Inc. and FedEx Corp. are ramping up vaccine distribution, with plans for additional gains if Johnson & Johnson’s inoculation is cleared by U.S. regulators.

Thomas Black | Bloomberg News
February 25, 2021
Business, Logistics, Top 50

Kuehne + Nagel Buys Apex Logistics in $1.5 Billion Deal

Trucks and trailers at the Kuehne + Nagel International AG logistics center in Haiger, Germany.

Kuehne + Nagel International AG has agreed to acquire Apex International Corp. in a deal that values the freight forwarder at about $1.5 billion, according to people familiar with the matter.

February 22, 2021
Government, Business, Logistics, Top 50

US Steps Up Heat on Container Carriers to Ease Port Congestion

A container ship is berthed at the Kobe Port in Hyogo, Japan. (Buddhika Weerasinghe/Bloomberg News)

U.S. regulators stepped up the heat on ocean shipping companies and the seaport terminals some of them operate, seeking to smooth the disrupted flow of containers that are swamping America’s biggest ports and wreaking havoc on the nation’s strained supply chains.

Brendan Murray | Bloomberg News
February 18, 2021
Logistics, Top 50

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There's only a short time left to submit for our 2021 Top 50 Logistics publication.

February 10, 2021
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Chinese Package-Delivery Firm SF Holding Eyes Stake in Kerry Logistics

Employees handle packages at an SF Express store in Hong Kong. (Anthony Kwan/Bloomberg News)

SF Holding Co., one of the largest Chinese package-delivery services, is exploring a potential investment in tycoon Robert Kuok’s listed logistics business, people with knowledge of the matter said.

February 4, 2021
Business, Technology, Logistics, Top 50, Top 100

UPS Gives Old Jets New Life

UPS will install new cockpit computers in dozens of aging freight planes. (Roberto Schmidt/AFP/Getty Images)

Imagine ripping out the dashboard of your 20-year-old minivan and replacing it with the high-tech controls from a Tesla.

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Schneider Reports Increased Net Income During Q4 2020

Schneider

Schneider National on Feb. 3 reported a year-over-year increase in profit for the fourth quarter of 2020.

Connor D. Wolf | Staff Reporter
February 3, 2021
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C.H. Robinson Posts Strong Q4 Numbers, Mixed Annual Results

C.H. Robinson

C.H. Robinson Worldwide posted large gains in both profit and revenue during the fourth quarter, but its annual results were mixed because of the economic effects of the COVID-19 pandemic.

Jerry Hirsch | Contributing Writer
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E-Commerce Shaped by COVID-19 May Become New Normal, Experts Say

Adam Colon

The online shopping trend hastened by the COVID-19 pandemic may signal a new normal for purchasing habits and shipping services, according to Adam Colon, director of operations at J.B. Hunt Transport Services Inc.

Eleanor Lamb | Staff Reporter
January 22, 2021

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