The purchase of ReTrans, an intermodal and truck freight brokerage with more than $500 million in annual revenue, extends the reach of Kuehne + Nagel, the second-largest global 3PL, far beyond U.S. ports and into the nation's industrial heartland.
Top 50 3PLs
Top 50 3PLs
The world’s 50 largest logistics companies generated nearly $248 billion in revenue last year, up nearly 5 percent from 2013’s $237.4 billion, according to Pittsburgh-based research and consulting firm SJ Consulting Group.
Although organic growth increased, the changes in the rankings reflect a significant number of consolidations.
“Acquisitions contributed to a lot of the growth, (but) most of the top companies on the list also experienced organic growth” in 2014, said Mark D’Amico, the SJ Consulting analyst who compiled the list for The Journal of Commerce.
Helping to drive a return in revenue growth after a flat 2013 was a 2.6 percent expansion in world trade last year, up from 2.1 percent a year earlier, according to World Trade Organization data.
News & Analysis
21 Jul 2015
Strong demand for outsourced services will help U.S. logistics suppliers expand and encourage more mergers and acquisitions, a consultant told Stifel investors.
29 Apr 2015
As the U.S. economy came screeching to a halt in the first quarter — at least those parts that contribute to gross domestic product growth — UPS improved revenue, shipment volumes and profit, a sign that things may not be as bad as the economic indicators seem to say.
28 Apr 2015
The acquisition of French logistics giant Norbert Dentressangle will create new global opportunities for XPO, boosting its annual revenue to $8.5 billion.
01 Apr 2015
Although its last fiscal year was ugly, UTi Worldwide is optimistic about the year ahead, and expects to grow its freight forwarding and logistics businesses. A surge in air freight in February and March attributed to U.S. West Coast port congestion helped.
19 Feb 2015
Multimodal logistics operator XPO sees opportunities as well as challenges in the West Coast container pileup, as shippers struggle to move freight inland.
05 Feb 2015
Rising container volumes and pricing pushed up C.H. Robinson ocean forwarding revenue in late 2014, and the logistics operator is considering expansion in new trade lanes, particularly Asia to Europe.
When UPS on Jan. 23 pre-announced fourth-quarter earnings, it shouldn’t have been a surprise. Yet some analysts said they were “troubled by the company’s inability to get peak (operating expenses) right during what is increasingly becoming the most important quarter of the year” and were concerned “that UPS got the service but not the cost, which is going to leave the market wondering if it can only have one or the other.”