A&A’s Top 25 Global Freight Forwarders List

Ranked by 2019 Logistics Gross Revenue/Turnover

and Freight Forwarding Volumes*

RankProviderGross Revenue (US$ Millions)*Ocean (TEUs)Air (Metric Tons)
1DHL Supply Chain & Global Forwarding27,3023,207,0002,051,000
1Kuehne + Nagel25,8754,861,0001,643,000
2DB Schenker19,3492,294,0001,186,000
6Nippon Express19,953703,061752,942
7CEVA Logistics7,1241,050,000416,000
8UPS Supply Chain Solutions9,302620,000965,700
9C.H. Robinson14,6301,000,000210,000
10Kerry Logistics5,2741,250,038409,408
11Bollore Logistics5,180839,000634,000
12Hellmann Worldwide Logistics2,974955,800586,670
13Kintetsu World Express5,067644,464566,814
14Yusen Logistics/NYK Logistics4,410775,000335,000
16Hitachi Transport System6,472538,000260,000
17Damco/Maersk Logistics5,965577,084158,405
18Toll Group6,260527,200111,600
20CJ Logistics7,173309,85143,954
22XPO Logistics12,144127,20070,200

*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 July 23, 2020)

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