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 Containers
1 Kuehne + Nagel Switzerland 4,861,000
2 Sinotrans Ltd. China 3,740,000
3 DHL Global Forwarding Germany 3,207,000
4 DB Schenker USA Germany 2,260,000
5 DSV Panalpina A/S Denmark 1,907,126
6 Kerry Logistics Network 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/NYK 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 Logistics 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 Germany 536,900
27 Toll Group Australia 533,600
28 LF Logistics Hong Kong 500,000
28 China Resources Logistics (Group) Hong Kong 500,000
30 Honour Lane Shipping Hong Kong 418,630
31 Kingway Transportation Company China 400,000
31 Mallory Alexander International Logistics United States 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 Ltd. Singapore 170,000
About the Rankings...
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55

On the Bubble

Seko Logistics ($220 million), Itasca, Ill., provides air and ocean freight forwarding, custom brokerage, freight brokerage, inventory management and packaging, order fulfillment, 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

Maersk Says Record Shipping Rates Unlikely to Have Peaked Yet

A container ship operated by Maersk leaves the Port of Felixstowe in the U.K. on December 2020. (Chris Ratcliffe/Bloomberg News)

A.P. Moller-Maersk A/S, the world’s largest container carrier, is working at full capacity and can’t yet see a peak in freight rates that have already been propelled to record highs by pandemic consumer spending.

Christian Wienberg | Bloomberg News
January 6, 2021
Business, Logistics, Top 50

Lineage Logistics Acquires Refrigerated Rail Company Cryo-Trans

Lineage Logistics.

Cold-storage specialist Lineage Logistics is branching into rail.

Gillian Tan | Bloomberg News
January 5, 2021
Business, Logistics, Top 50, Top 100

XPO Finishes Acquisition of Kuehne + Nagel’s European Logistics

XPO truck

XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4.

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

J.B. Hunt Adds Temperature-Controlled Services to Tech Platform

J.B. Hunt truck

J.B. Hunt Transport Services Inc. announced the availability of temperature-controlled transportation services within its Shipper 360 by J.B. Hunt technology platform.

December 18, 2020
Business, Logistics, Top 50, Top 100

FedEx Reports Record FY Q2 Net Sales of $20.5 Billion

FedEx truck

The global surge in e-commerce brought on by the coronavirus pandemic combined with online holiday shopping sent net quarterly sales for FedEx Corp. above $20 billion for the first time in its history, and led to an increase in net income as well, the company reported Dec. 17.

Dan Ronan | Associate News Editor
December 17, 2020
Government, Business, Safety, Logistics, Top 50, Top 100

FedEx, UPS Tell Senators of Vaccine Distribution Readiness

FedEx and UPS airplanes

Two of the country’s largest freight firms reassured federal lawmakers of their preparedness in helping to deliver COVID-19 vaccines as early as this month.

Eugene Mulero | Senior Reporter
December 8, 2020
Business, Equipment, Logistics, Top 50, Top 100

Penske Announces Fleet Upgrade Leasing Program

Penske Truck Leasing

Penske Truck Leasing launched a program that lets carriers sell their old trucks so they can lease a new one, the company announced Dec. 7.

December 7, 2020
Business, Logistics, Breaking News, Top 50, Top 100

XPO Logistics Plans to Split Into Two Companies

An XPO Logistics truck

XPO Logistics Inc. plans to split into two by spinning off its logistics business in a tax-free transaction that will create a separate publicly traded company.

Jerry Hirsch | Contributing Writer
December 2, 2020
Business, Logistics, Top 50, Top 100

FedEx to Buy ShopRunner in E-Commerce Push

A FedEx employee carries a box before loading into a van at a coronavirus testing facility in New Jersey.

FedEx Corp. has agreed to acquire ShopRunner, an e-commerce service that provides shipping for more than 100 brands, as the courier seeks to deepen its ties with online shoppers.

Thomas Black | Bloomberg News
December 2, 2020
Business, Logistics, Top 50, Top 100

Penske Logistics to Acquire Black Horse Carriers

Black Horse Penske electric truck

Penske Logistics announced it reached an agreement to acquire Chicago-based trucking company Black Horse Carriers Inc.

Roger Gilroy | Senior Reporter
December 2, 2020

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