2020 Top Ocean Freight Forwarders

2020 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
  • Sponsored by:

    TransForce

    TransForce Group is a recognized leader in the transportation and logistics industry with its three service lines, Education and Training Solutions, Recruiting and Employment Solutions, and Compliance and Safety Solutions. Whether serving third-party logistics, private fleets, or trucking companies, TransForce Group remains the driver’s choice for employment and education, and the carrier’s choice for workforce solutions. In addition, the TransForce Group recruits and retains a diverse workforce, including veterans through its Troops into Transportation program.

Share
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 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...
Armstrong and Associates Logo
Extras
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
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, Fuel, Logistics, Autonomous, Top 50, Top 100

Ryder Looks to Advance Tech With Venture Capital Fund

Ryder truck

Ryder System Inc. is working to advance its technology and forge new partnerships with the launch of its corporate venture capital fund, the company detailed Nov. 2.

Connor D. Wolf | Staff Reporter
November 4, 2020
Business, Logistics, Top 50

Expeditors Posts Rise in Profit, Revenue for Q3

Expeditors building

Expeditors International of Washington posted third-quarter gains in profit and revenue as the logistics company capitalized on a rebounding economy.

Jerry Hirsch | Contributing Writer
November 3, 2020
Business, Logistics, Top 50, Top 100

Universal Logistics Reports Higher Net Income of $13.6M for Q3

Universal Logistics tractors

Universal Logistics Holdings Inc. reported higher third-quarter net income, lifted largely by the recovery in automotive production.

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

Forward Air Reports Lower Q3 Earnings as Pandemic Pressures Profits

Forward Air

Forward Air Corp. saw net income decease year-over-year in the third quarter, a result of effects driven by the pandemic, the carrier reported Oct. 29.

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

Hub Group’s Q3 Earnings Lower as Pricing Issues Squeeze Profits

Hub Group reported lower third-quarter earnings as pricing issues hurt its profit margin.

Jerry Hirsch | Contributing Writer
October 29, 2020
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

Pages

Archives
  • 2020

  • 2019

  • 2018

  • 2017

  • 2016

  • 2015

  • 2014

  • 2013

  • 2012

  • 2011

  • 2010

  • 2009

  • 2008

  • 2007

  • 2006

  • 2005