Top 50 Global Transportation Providers

Top 50 Global Transportation Providers

Slowing growth characterized the world's 50 largest transportation and logistics companies in 2013 amid global economic uncertainty.

 

The total revenue of the world’s largest parcel carriers, logistics providers, ocean carriers and rail, intermodal and trucking operators declined $478 million in 2013 to $655.1 billion, according to transportation research and advisory firm SJ Consulting Group.

The flat-lining of Top 50 revenue reflects stunted and uneven global economic growth in 2013, the impact of fluctuations in currency value and decelerating growth in emerging economies such as Brazil and China. Advanced economies, still feeling the pain of the 2008 global financial crisis, faced high debt burdens and unemployment in 2013.

Special Coverage

Where in the world are the Top 50 global transportation providers?
Combined growth among the 50 largest transportation and logistics companies worldwide slowed to a halt in 2013 amid global economic uncertainty. The combined revenue of the 50 companies slipped 0.1 percent after increasing 2.6 percent in 2012 and 8.4 percent in 2011.

News & Analysis

16 Dec 2014
With the acquisition of GENCO, everything old is new again for FedEx — or at least resellable.
12 Dec 2014
Con-way Freight workers in Miami Lakes, Florida, voted to join the Teamsters union, making their facility the third in Con-way's LTL network to go union. Three other terminals have rejected the Teamsters.
09 Dec 2014
Despite the resignation of CEO Eric W. Kirchner and a $34 million loss in its latest quarter, UTi Worldwide has passed a turning point, new CEO Edward G. Feitzinger said Dec. 9.
13 Nov 2014
Road and city drivers at a FedEx Freight terminal in Newark, N.J., voted against joining the Teamsters union — the second victory for FedEx Freight in four elections.
04 Nov 2014
Canada's largest trucking operator, TransForce, increased revenue 27 percent in the third quarter while waiting for approval of its proposed acquisition of rival Contrans.
31 Oct 2014
Higher rates and better utilization of its terminals, trucks and drivers are helping Con-way Freight, the second-largest less-than-truckload carrier, significantly increase profits.

Commentary

When looking at the list of Top 50 Global Transportation and Logistics Providers, the major takeaway is that consolidated revenues for these multibillion-dollar companies showed flat growth in 2013. This suggests top-line growth for these companies slowed during the year and, while it did for many, adjusting revenue growth for foreign currency fluctuations tells a much different story.