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.

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News & Analysis

31 Jul 2015
The $1.8 billion acquisition of Coyote Logistics adds truckload brokerage to UPS's transportation portfolio, giving it new inroads to shippers and freight, and promises greater efficiency for its package network.
28 Jul 2015
Strong cross-border business in Europe and the highest demand for deferred package service in the U.S. in a decade helped UPS increase second quarter profits, despite falling revenue.
15 Jul 2015
UPS added eight origin and five destination countries to its expedited Worldwide Express Freight service, which now serves 58 countries. The service focuses on urgent, heavy-weight palletized freight.
17 Jun 2015
The sudden departure of one president and the appointment of another left analysts asking whether Con-way Freight can improve its profitability faster.
19 May 2015
C.H. Robinson Worldwide is priming its $330 million Global Forwarding division for faster growth in 2015, naming Mike Short president and opening new offices in Asia and Europe.
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.

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.