Top 3PLs: A&A's Top 25 Global Freight ForwardersArmstrong & Associates

A&A’s Top 25 Global Freight Forwarders List

Ranked by 2022 Gross Logistics Revenue/Turnover

and Freight Forwarding Volumes*

A&A Rank	Provider	Gross Logistics Revenue (US$ Millions)*	Ocean (TEUs)	Air (Metric Tons)
1	Kuehne + Nagel	46,864	4,386,000	2,232,000
2	DHL Supply Chain & Global Forwarding	45,590	3,294,000	1,902,000
3	DSV	34,883	2,665,147	1,557,972
4	DB Schenker	30,392	1,909,000	1,326,000
5	Sinotrans	16,405	3,890,000	781,000
6	Expeditors	17,071	942,500	869,000
7	CEVA Logistics	18,700	1,300,000**	520,000
8	Nippon Express	19,932	756,741	867,038
9	C.H. Robinson	23,874	1,425,000	285,00
10	Kerry Logistics	10,483	1,176,370	515,419
11	GEODIS	12,624	1,146,100	293,984
12	Bolloré Logistics	7,466	793,000	708,000
13	Hellmann Worldwide Logistics	5,504	977,500	652,100
13	Kintetsu World Express	8,710	697,828	688,823
14	UPS Supply Chain Solutions	14,294	575,000	864,000
15	LX Pantos	8,243	1,527,000	123,000
16	Yusen Logistics	6,886	668,000	325,000
17	CTS International Logistics	3,274	805,651	373,139
17	Maersk Logistics	14,423	658,000	211,484
18	DACHSER	8,918	575,600**	236,865
19	LOGISTEED	6,053	455,000	176,000
20	Savino Del Bene	4,955	685,000	87,000
21	Logwin	2,488	659,000	167,000
21	Worldwide Logistics Group	2,002	862,742	132,845
22	Toll Group	6,300	523,300	117,400

*Revenues and volumes are company reported or Armstrong & Associates, Inc. estimates. Revenues cover all four 3PL Segments (DTM, ITM, DCC and VAWD) and have been converted to US$ using the annual average exchange rate. Freight forwarders are ranked using a combined overall average based on their individual rankings for gross revenue, ocean TEUs and air metric tons.

**Includes LCL shipments.

(updated October 5, 2023)

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