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

A&A’s Top 25 Global Freight Forwarders List

Ranked by 2018 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	28,120	3,225,000	2,150,000
1	Kuehne + Nagel	25,320	4,690,000	1,743,000
2	DB Schenker	19,968	2,203,000	1,304,000
3	DSV	12,411	1,442,348	689,045
4	Sinotrans	10,549	3,740,000	530,100
5	Expeditors	8,138	1,167,820	1,011,563
6	Panalpina	6,156	1,484,100	1,038,700
7	Nippon Express	18,781	686,206	899,116
8	UPS Supply Chain Solutions	9,814	600,000	935,300
8	Bolloré Logistics	5,415	873,000	690,000
9	C.H. Robinson	16,631	1,000,000	225,000
10	CEVA Logistics	7,356	786,600	476,600
11	Kerry Logistics	4,875	1,196,607	409,127
12	GEODIS	6,645	798,173	363,451
13	Hellmann Worldwide Logistics	3,646	901,698	578,007
14	Kintetsu World Express	5,310	700,043	600,849
15	Yusen Logistics/NYK Logistics	4,715	815,000	380,000
16	Agility	4,400	710,000	415,000
16	DACHSER	7,602	536,900**	344,900
17	Hitachi Transport System	6,283	532,000	300,000
18	Damco/Maersk Logistics	6,082	639,132	175,502
19	Toll Group	5,980	503,400	106,600
20	XPO Logistics	10,850	131,500	72,600
21	Logwin	1,346	600,000	180,000
22	Mainfreight	2,038	342,741	127,418

*Revenues and volumes are company reported or Armstrong & Associates, Inc. estimates. Revenues have been converted to US$ using the average annual exchange rate in order to make non-currency related growth comparisons. 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 9, 2019)

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