A&A’s Top 25 Global Freight Forwarders List

Ranked by 2022 Gross Logistics Revenue/Turnover

and Freight Forwarding Volumes*

A&A RankProviderGross Logistics Revenue (US$ Millions)*Ocean (TEUs)Air (Metric Tons)
1Kuehne + Nagel46,8644,386,0002,232,000
2DHL Supply Chain & Global Forwarding45,5903,294,0001,902,000
4DB Schenker30,3921,909,0001,326,000
7CEVA Logistics18,7001,300,000**520,000
8Nippon Express19,932756,741867,038
9C.H. Robinson23,8741,425,000285,00
10Kerry Logistics10,4831,176,370515,419
12Bolloré Logistics7,466793,000708,000
13Hellmann Worldwide Logistics5,504977,500652,100
13Kintetsu World Express8,710697,828688,823
14UPS Supply Chain Solutions14,294575,000864,000
15LX Pantos8,2431,527,000123,000
16Yusen Logistics6,886668,000325,000
17CTS International Logistics3,274805,651373,139
17Maersk Logistics14,423658,000211,484
20Savino Del Bene4,955685,00087,000
21Worldwide Logistics Group2,002862,742132,845
22Toll Group6,300523,300117,400

*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)

Use statement: All Rights Reserved. No part of this information may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher, Armstrong & Associates, Inc. Where permission for use is given, Armstrong & Associates, Inc. must be predominantly displayed as the source for the research and must be referenced in any accompanying text discussion referencing this information.

Copyright © 2024 Armstrong & Associates. All rights reserved.