2020 Top Ocean Freight Forwarders

2020 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
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Up Front
The third-party logistics business is undergoing a dramatic, technology-driven transformation.
Find out where the Top 50 are located by U.S. region.
Evan Armstrong breaks down how logistics segments performed in 2019.

Top Ocean Freight Forwarders

Rank Company Headquarters Ocean Containerssort descending
1 TransGroup Global Logistics United States 140,200
2 NNR Global Logistics Japan 145,693
3 Long Sail International Logistics China 150,000
4 Topocean Group Inc. United States 156,000
5 CWT Pte. Ltd. Singapore 170,000
6 Zhejiang Chasen Freight Forwarding China 180,000
7 Sino-Ocean Group China 192,000
8 Asia Shipping Transportes Internacionais Brazil 195,000
9 Odyssey Logistics & Technology United States 200,000
10 Horizon Air Freight United States 200,000
11 EFL Sri Lanka 201,958
12 De Well Group China 210,000
13 Dimerco Express Group Taiwan 225,800
14 Nissin Corp. Japan 230,000
15 Zhejiang Jiulong International Logistics China 250,000
16 Hitachi Transport System Japan 260,000
17 Noatum Logistics Spain 289,100
18 Chinatrans International Logistics China 300,000
19 BDP International United States 302,000
20 CJ Logistics South Korea 309,851
21 Cargo-Partner Austria 314,067
22 Mainfreight Ltd. New Zealand 342,741
31 Mallory Alexander International Logistics United States 400,000
31 Kingway Transportation Company China 400,000
25 Honour Lane Shipping Hong Kong 418,630
28 LF Logistics Hong Kong 500,000
28 China Resources Logistics (Group) Hong Kong 500,000
28 Toll Group Australia 533,600
29 Dachser SE Germany 536,900
30 Cargo Services Far East Hong Kong 556,000
31 Damco/Maersk Logistics The Netherlands 577,084
32 UPS Supply Chain Solutions United States 620,000
33 Worldwide Logistics Group China 630,218
34 Leschaco Germany 636,000
35 OOCL Logistics Hong Kong 650,000
36 AllCargo Logistics India 684,000
37 Logwin AG Luxembourg 690,000
38 Kintetsu World Express Japan 700,043
39 Nippon Express Japan 703,061
40 Agility Logistics Kuwait 740,000
41 Ceva Logistics Switzerland 786,600
42 Geodis France 798,137
43 Yusen Logistics Japan 815,000
44 Bollore Logistics France 839,000
45 Fr. Meyer's Sohn Germany 850,000
46 Hellmann Worldwide Logistics Germany 955,800
47 C.H. Robinson Worldwide United States 1,000,000
48 Expeditors International of Washington United States 1,125,137
49 Kerry Logistics Hong Kong 1,325,000
50 DSV Panalpina Denmark 1,907,126
51 DB Schenker Germany 2,260,000
52 DHL Supply Chain & Global Forwarding Germany 3,207,000
53 Sinotrans Ltd. China 3,740,000
54 Kuehne + Nagel Switzerland 4,861,000
About the Rankings...
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51

On the Bubble

Port Logistics Group ($260 million), City of Industry, Calif., provides dedicated contract carriage, freight brokerage, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, transportation management and warehousing and distribution.
Learn more about Transport Topics' Top 50 Logistics Companies publication.
Top 50 News
Business, Logistics, Top 50

Echo Global Logistics Posts Higher Q3 Profit, Revenue

Echo Global Logistics office

Echo Global Logistics posted higher third-quarter profits and revenue on the strength of freight volume.

Jerry Hirsch | Contributing Writer
October 29, 2020
Business, Top 50, Top 100

Schneider National Reports Increased Net Income in Q3

Schneider

Schneider National saw net income soar during the third quarter as demand surged, the company reported Oct. 29.

Connor D. Wolf | Staff Reporter
October 29, 2020
Business, Logistics, Top 50, Top 100

Werner Increases Net Income but Sees Lower Revenue in Q3

Werner Enterprises truck

Werner Enterprises posted mixed results as profits increased on lower revenue during the third quarter, the company announced Oct. 28.

Connor D. Wolf | Staff Reporter
October 29, 2020
Business, Equipment, Logistics, Top 50, Top 100

Ryder Reports Profit Increase; Record Set for Used Vehicle Sales in Q3

Ryder trucks and facility

Ryder System Inc. reported net income rose and revenue dipped in the third quarter, as it noted used vehicles sales set a record.

Roger Gilroy | Senior Reporter
October 28, 2020
Business, Technology, Equipment, Safety, Autonomous, Top 50

The Rise of the Warehouse Robot

XPO

The COVID-19 pandemic has accelerated the decline of brick-and-mortar retail establishments and accelerated e-commerce, creating a massive logistical challenge for warehouse and distribution center operators.

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

UPS Produces Strong Q3 Earnings Amid E-Commerce Surge

UPS

UPS Inc. reported strong financial results in the third quarter as a surge in deliveries to businesses and homes lifted the Atlanta-based carrier through the three-month period.

Dan Ronan | Associate News Editor
October 28, 2020
Business, Logistics, Top 50, Top 100

Amazon, FedEx, UPS Boost US Warehouse Jobs Amid Online Boom

The warehousing and storage industry is one of the few sectors where employment is actually higher.

Warehouse operators across the U.S. are rushing to hire workers amid a boom in online sales, a bright spot for a labor market that faces mounting challenges.

Katia Dmitrieva | Bloomberg News
October 27, 2020
Business, Top 50, Top 100

U.S. Xpress Announces Strong Profit for Q3

U.S. Xpress

U.S. Xpress Enterprises posted increased earnings on a modest revenue gain during the third quarter, the fleet announced Oct. 22.

Connor D. Wolf | Staff Reporter
October 22, 2020
Business, Logistics, Top 50, Top 100

Landstar System Reports Net Income, Revenue Increase for Q3

Landstar truck

Landstar System Inc. saw net income reach $61.9 million during the third quarter of 2020, the company reported Oct. 21.

Connor D. Wolf | Staff Reporter
October 21, 2020
Business, Logistics, Top 50

Canadian National Reports Q3 Drop in Earnings, Revenue

CN Railway train

For the second consecutive quarter, Canadian National Railway felt the impact of the COVID-19 pandemic when the Class I, Montreal-based railroad announced third-quarter earnings Oct. 20.

Dan Ronan | Associate News Editor
October 21, 2020

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