Global Trade: Top 50 Global Transportation Providers
Transportation service providers have enjoyed strong growth in revenue in the last year. The latest analysis conducted for JOC.com by SJ Consulting Group shows all of the companies on the Top 50 transportation service providers list grew revenue in 2017. Only about a dozen of the Top 50 companies in 2016 registered growth in revenue.
The Top 50 companies generated aggregate earnings of $750.296 billion in 2017, up 11.5 percent year over year.
Mark D’Amico, senior analyst at SJ Consulting Group, attributed the strong growth to higher shipment volumes and improved rates resulting from tighter capacity from strong shipper demand.
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