Top 50 Global Transportation Providers

The 50 largest transportation and logistics companies worldwide increased their combined revenue 2 percent in 2014 to $759.2 billion. The 2 percent gain by the 50 largest transportation service providers in 2014 marked a turnaround after the group’s combined revenue dropped 0.1 percent in 2013. However, their growth was stronger in 2012, at 2.6 percent, and 2011, at 8.4 percent.

A healthier U.S. economy played a major role in pulling the Top 50 group out of the doldrums last year. Thirty-six of the Top 50 increased revenue in 2014, compared with 29 in 2013. Still, only five companies boosted revenue by double-digit percentages, down from six last year.

This year’s list is the fourth annual ranking of the Top 50 Global Transportation Service Providers by SJ Consulting and The Journal of Commerce. The list ranks companies from five continents by revenue.

The global economy slipped again in 2015, however. The IMF expects global GDP to rise 3.1 percent this year, and to climb 3.6 percent in 2016. The current slowdown in the U.S. and worldwide this year should be evident in next year’s rankings.

News & Analysis

20 Jul 2016
Panalpina’s profit stalled and revenue slumped in the first half.
23 Oct 2015
Union pilots at UPS authorized a strike if their leaders fail to wrest concessions in contract talks, but any labor action would face major obstacles and delays.
16 Oct 2015
UPS has announced rate increases effective Dec. 28, 2015 that will raise costs for shippers using the services of the world’s second-largest transportation provider.
09 Sep 2015
XPO Logistics plans to buy $5.8 billion Con-way, the parent of LTL giant Con-way Freight, Menlo Logistics and Con-way Truckload.
06 Aug 2015
Expeditors International made more gains in air freight and ocean container volume in the second quarter, despite the fading impact of the West Coast port crisis, which gave trans-Pacific air cargo more lift. That helped the forwarder boost both net revenue and profit.
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.

Commentary

Numerous events over the last year will shape how the ranking of the world’s top transportation and logistics companies looks at the end of 2016. UPS’s reign as the world’s largest transportation company may be short-lived, because several other companies are racing toward the top.