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

A&A’s Top 25 Global Freight Forwarders List

Ranked by 2020 Logistics Gross Revenue/Turnover

and Freight Forwarding Volumes*

Rank	Provider	Gross Revenue (US$ Millions)*	Ocean (TEUs)	Air (Metric Tons)
1	DHL Supply Chain & Global Forwarding	28,453	2,862,000	1,667,000
1	Kuehne + Nagel	25,787	4,529,000	1,433,000
2	DB Schenker	20,761	2,052,000	1,094,000
2	DSV Panalpina	18,269	2,204,902	1,272,405
3	Sinotrans	12,174	3,750,000	532,300
4	Expeditors	10,116	1,091,380	926,730
5	Nippon Express	19,347	660,152	720,115
6	CEVA Logistics	7,416	**1,081,100	363,300
7	C.H. Robinson	15,490	1,200,000	225,000
7	UPS Supply Chain Solutions	11,048	620,000	988,880
8	Kerry Logistics	6,867	1,019,924	493,903
9	GEODIS	9,135	866,631	290,506
10	Bolloré Logistics	5,265	761,000	574,000
11	Hellmann Worldwide Logistics	2,972	905,100	552,640
12	Kintetsu World Express	5,750	640,063	556,875
13	Agility	4,018	771,000	372,000
14	Yusen Logistics	4,248	764,000	337,000
15	CTS International Logistics	2,160	1,021,007	398,175
16	DACHSER	6,591	**492,440	310,860
17	Toll Group	7,260	523,300	117,400
18	Hitachi Transport System	6,346	462,000	221,000
19	Maersk Logistics	6,963	401,369	138,086
20	Apex Logistics International	2,274	190,000	750,000
21	Logwin	1,292	698,000	167,000
22	Mainfreight	2,467	347,638	114,736

*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 3, 2021)

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