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

Last-Mile Delivery Fleets Navigate Challenges of COVID-19 Pandemic

UPS and FedEx trucks

Last-mile fleets such as FedEx, Amazon, XPO and UPS have been dealing with a spike in demand while also implementing safety protocols to protect employees and customers.

Stephen Bennett | Special to Transport Topics
May 26, 2020
Business, Technology, Logistics, Top 50, Top 100

FedEx, Microsoft Join Forces for Package Shipping

FedEx and Microsoft are teaming up to provide early warnings of delays for shipping customers.

FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping customers with early warnings of delays from weather, traffic and other mishaps, giving the courier and the software maker another weapon as each competes with Amazon .com Inc.

Thomas Black and Dina Bass | Bloomberg News
May 18, 2020
Government, Business, Logistics, Top 50, Top 100, TCA

UPS Adds Indiana Airport to Cargo Network

A delivery van passes in front of a cargo jet parked on the tarmac at a UPS Worldport facility in Louisville, Ky., on Jan. 28.

The Gary/Chicago International Airport Authority on May 13 approved a long-term lease and easement access agreement with UPS Inc. that will allow the company to begin express air shipment operations later this year.

Andrew Steele | The Times (Munster, Ind.)
May 14, 2020
Business, Logistics, Top 50

Container Shipper Maersk Warns of 25% Volume Slump

Shipping containers are unloaded from a Maersk cargo ship at the Port of Los Angeles in May 2019.

The world’s largest container line is bracing for a historic slump in demand after emergency lockdowns across the globe left international trade in tatters.

Christian Wienberg | Bloomberg News
May 13, 2020
Business, Top 50, Top 100

XPO’s Brad Jacobs Says Company Open to Future Acquisitions

XPO

With at least $2 billion in cash, and $500 million in credit available, XPO Logistics Chairman and CEO Brad Jacobs says he would consider an acquisition if the company was a good fit.

Dan Ronan | Associate News Editor
May 12, 2020

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