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

A&A’s Top 25 Global Freight Forwarders List

Ranked by 2023 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	31,659	4,338,000	1,983,000
2	DHL Supply Chain & Global Forwarding	33,869	3,089,000	1,672,000
3	DSV	22,316	2,519,295	1,305,827
4	DB Schenker	21,116	1,783,000	1,148,000
5	Sinotrans	14,340	4,309,636	902,000
6	Nippon Express	15,929	1,698,161	693,546
7	CEVA Logistics	15,100	1,150,000**	450,000
8	C.H. Robinson	16,746	1,353,750	266,475
9	Expeditors	9,300	791,700	782,000
10	GEODIS	12,500	961,084	308,489
10	Kerry Logistics	6,073	1,261,775	556,823
11	UPS Supply Chain Solutions	11,461	525,000	783,000
12	Hellmann Worldwide Logistics	3,580	920,000	575,000
12	Maersk Logistics	13,916	635,000	295,000
13	Kintetsu World Express	5,442	724,129	504,080
14	Bolloré Logistics	5,223	610,000	350,000
15	LX Pantos	5,267	1,537,000	110,000
16	CTS International Logistics	2,060	837,548	319,921
17	Yusen Logistics	4,986	615,000	264,000
18	LOGISTEED	5,782	424,000	142,000
19	CIMC Wetrans Logistics	2,848	884,734	94,000
20	DACHSER	7,659	286,000	205,205
21	AWOT Global Logistics Group	2,646	260,000	590,000
22	Savino Del Bene	2,980	735,000	87,000
23	Toll Group	4,820	494,200	96,900

*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 August 14, 2024)

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