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

A&A’s Top 25 Global Freight Forwarders List

Ranked by 2021 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	40,838	4,613,000	2,220,000
2	DHL Supply Chain & Global Forwarding	37,707	3,142,000	2,096,000
3	DSV	28,901	2,493,951	1,510,833
4	DB Schenker	27,648	2,003,000	1,438,000
5	Sinotrans	19,097	3,940,000	804,000
6	Expeditors	16,523	1,047,725	1,047,200
7	C.H. Robinson	22,356	1,500,000	300,000
7	CEVA Logistics	12,000	1,269,000**	474,000
7	Nippon Express	18,612	747,624	971,763
8	Kerry Logistics	10,516	1,229,298	520,415
9	UPS Supply Chain Solutions	14,639	620,000	988,880
10	GEODIS	11,900	900,866	346,667
11	Kintetsu World Express	9,010	715,418	728,534
12	Hellmann Worldwide Logistics	4,718	977,500	652,100
13	Allcargo Logistics	2,741	952,000**	901,000
14	Bolloré Logistics	5,701	826,000	656,000
15	CTS International Logistics	3,822	1,051,297	416,190
16	Yusen Logistics	7,788	742,000	410,000
17	LX Pantos	6,541	1,658,000	142,000
18	DACHSER	8,333	530,000**	365,000
19	AWOT Global Logistics Group	4,058	250,310	486,216
20	Logwin	2,184	715,000	182,000
21	Hitachi Transport System	5,995	441,000	148,000
22	Toll Group	6,300	523,300	117,400
23	Worldwide Logistics Group	1,905	840,060	129,732

*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 September 20, 2022)

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