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 China Resources Logistics (Group) Hong Kong 500,000
28 LF Logistics 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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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, Top 50, Top 100

Ryder Posts Q2 Net Loss, Revenue Decline

Ryder

A net loss and a drop-off in revenue marked Ryder System Inc.’s second-quarter results.

Roger Gilroy | Senior Reporter
July 29, 2020
Business, Logistics, Top 50, Top 100

U.S. Xpress Reports Profit, Revenue Gains for Q2

U.S. Xpress truck

U.S. Xpress Enterprises’ net income and revenue increased during the second quarter, the Chattanooga, Tenn.-based carrier reported July 28.

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

C.H. Robinson Profit, Revenue Fall in Q2 Over COVID-19 Impact

C.H. Robinson sign

C.H. Robinson Worldwide experienced a drop in second-quarter profit and a smaller dip in revenue as it dealt with the economic effects of the COVID-19 pandemic.

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

Landstar Reports Lower Net Income in Q2

Landstar System truck

Landstar System Holdings Inc. on July 22 reported second-quarter net income and revenue were down compared with last year’s levels.

Connor D. Wolf | Staff Reporter
July 23, 2020
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

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