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

Palletways, one of several groups offering shippers a palletized freight network in Europe, says it plans eastward expansion as cross-border volume within its network grows.

News & Analysis

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.
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.
10 Mar 2015
YRC Freight is expediting inbound shipments breaking free of the container logjam on the U.S. West Coast, as retailers rush to get spring goods to store shelves before Easter.
19 Feb 2015
A healthier global economy, strong U.S. dollar and low fuel prices should give global logistics and transportation merger and acquisition activity a boost in 2015, according to consulting firm PwC US.

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.