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

XPO in the second quarter recorded a profit, the first since CEO Bradley S. Jacobs took control of the company in 2011.
17 Aug 2016
Refinancing saves XPO Logistics money that can be reinvested in "optimizing" its global business.
16 Aug 2016
Technology platform will enable dispatchers and drivers at small companies that contract with the logistics to book loads, assign them to trucks and track vehicles and shipments.
CEVA Logistics' contract logistics division performed well for the company, recording its best revenue growth since the beginning of 2015.
05 Aug 2016
CEVA Logistics posted lower revenue and earnings in the first half.
The acquisition of UTi Worlwide made DSV the world’s fourth-largest freight forwarder and the benefits of the deal are being felt sooner than anticipated.
05 Aug 2016
DSV’s second-quarter profit rose as it “neutralized” the operating deficit of recently acquired UTi Worldwide.
04 Aug 2016
With cost controls, disciplined pricing and a sharp eye on volume margins, XPO Logistics positions LTL for more profitable growth.
03 Aug 2016
XPO's North American LTL operations, the former Con-way, led the company's drive to its first quarterly net profit.

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.