Forty-seven of the top 50 global transportation providers saw revenues rise in 2018, benefitting from a strong global economic growth and growing anticipation of reciprocal tariffs between the United States and China.
Friday May 29, 2020
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Top 50 Global Transportation Providers
Top 50 Global Transportation Providers
The 50 top transportation companies, measured by annual worldwide revenue, are active in a cross-section of activities, including parcel delivery (topped by UPS, FedEx, DHL), rail (led by China Railway, Russian Railways, BNSF, Union Pacific), ocean freight (topped by Maersk, Mediterranean Shipping, CMA CGM, NYK Group), and logistics services (topped by DB Schenker, Kuehne + Nagel, XPO Logistics, Nippon Express, C.H. Robinson). In a recent study, those 50 firms accounted for about $750 billion in aggregate revenue.
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21 May 2020
Domestic intermodal volume in April suffered its worst month in eight years because of the COVID-19 pandemic, with intermodal marketing companies saying May might end as poorly, if not worse.
11 May 2020
A refrigerated rail service sold by Union Pacific Railroad to shippers has shut down amid the COVID-19 downturn in volumes and competition from rival BNSF Railway and other large IMCs.
08 May 2020
JOC’s Spot Intermodal Savings Index hit an 14-month low in a preliminary April reading, the first snapshot of how the COVID-19 pandemic has altered the math on how much money intermodal can save a shipper.
28 Apr 2020
The COVID-19 pandemic has flipped UPS’s business, with nearly 70 percent of package volume now residential. That means more mileage, more stops, and more costs.
16 Apr 2020
XPO Logistics CEO Bradley S. Jacobs believes the US and global economies will recover in “fits and starts” in the second half of 2020, and supply chains will become more resilient.
15 Apr 2020
J.B. Hunt Transport Services acknowledges a rough second quarter is ahead, while there’s much unknown about how severe the impact of the coronavirus disease (COVID-19) on business conditions will be.
09 Apr 2020
Intermodal volume last week was the weakest in a nearly a decade as the coronavirus disease (COVID-19) has wreaked havoc on the railroads, which an industry analyst believes could cost Class I railroads $9 billion dollars.
19 Mar 2020
The 10-year US economic expansion is over, killed by the response to the coronavirus disease 2019 (COVID-2019), and the recovery will be slow, IHS Markit chief economist Nariman Behravesh warns.
19 Mar 2020
The response to the new coronavirus disease 2019 (COVID-19) pandemic is dominating business at FedEx, as global air and domestic ground supply needs swing and the firm looks to prioritize test kits and relief supplies.
30 Jan 2020
As its US network gets faster and more automated and e-commerce demand keeps growing, UPS is taking aim at small to mid-sized businesses in 2020.
18 Dec 2019
Changes in package delivery market are leading FedEx to rethink its air express and ground strategies, as it struggles with a slowdown in global trade.
13 Dec 2019
A number of ocean carriers are adjusting their detention and demurrage fees in the next 30 days, causing shippers to pay more for these penalties being reviewed by the Federal Maritime Commission.
17 Oct 2019
CSX Transportation and Union Pacific Railroad reported weak intermodal volume for the third quarter, but insisted their networks are lean, efficient, and ready to fully capitalize when the market rebounds.
10 Oct 2019
A bigger footprint in El Paso, Texas, will help the freight forwarding arm of Deutsche Post DHL reach more shippers in the US and Mexico.
03 Oct 2019
Intermodal volumes did not recover in the third quarter, prompting questions of what railroads can do to win back shippers, other than waiting for a recovery in trucking.
23 May 2019
The largest US logistics provider is expanding its over-the-road service in Europe through an acquisition, its second purchase in Europe this year.
18 Oct 2018
The Top 50 companies generated aggregate earnings of $750.3 billion in 2017, up 11.5 percent year over year.
07 Feb 2018
Technology investments in the warehouse, at LTL docks, and in the last-mile delivery business are in the works at XPO Logistics, which expects consumer and business demand to propel technology in 2018.
06 Feb 2018
The new facility near the El Paso International Airport will serve shippers in what is called “the Borderplex” — a manufacturing region stretching out from the cities of El Paso, Texas and Ciudad Juarez, Mexico.
24 Jan 2018
The authority sent a missive to port users outlining the problem and said that it is working with CSX Transportation and Norfolk Southern Railway to clear the rail backlog.
15 Jan 2018
Logistics technology startups are being targeted by Kuehne + Nagel and the Singapore state investment arm, which have formed a joint venture to identify and fund the tech companies.
10 Nov 2017
DHL has reported its eighth consecutive quarter of growth as time-definite shipments drive up revenue and volume.
02 Nov 2017
E-commerce is accelerating, underpinning an uptick in global trade and US economic growth, XPO's Jacobs said.
01 Nov 2017
Purchased transportation costs rose steadily in the third quarter.
01 Nov 2017
As intermodal rail container and trailer volumes hit historic highs, pressure, that may lift pricing in 2018 and beyond, is building.
27 Oct 2017
Third-quarter earnings reports reveal across-the-board increases in transportation rates, with little sign pressure will ease soon.
13 Oct 2017
It will not happen overnight, but experts believe supply chains and transportation will become increasingly automated and more efficient as technology enables real-time exchange and analysis of vast amounts of data thanks to Amazon.com.
13 Oct 2017
Higher third-quarter operating costs at J.B. Hunt, especially costs related to drivers and empty trucks, show why US shippers should be concerned about truck and intermodal pricing.
04 Oct 2017
Bradley S. Jacobs will receive the 2017 Connie Award in December for 'entrepreneurial spirit,' dedication to an integrated, global supply chain.
19 Sep 2017
Higher base rates boosted revenue, but a cyber attack and hurricane helped depress profit at FedEx this summer. The transport operator plans across-the-board rate hikes.
19 Sep 2017
The persistent rumors of takeover and mergers among leading logistics firms in recent months could be about to translate into reality.
08 Aug 2017
Deutsche Post DHL posted its strongest ever second quarter result.
02 Aug 2017
The $14.6 billion logistics and transportation provider accelerated growth at asset and non-asset operations alike in the second quarter, including its LTL division.
20 Jul 2017
Increased second-quarter US industrial activity, consumer confidence primes freight market, pressures rates.
20 Jul 2017
As freight volumes surge, truckload rates are rising faster than 3PLs such as C.H. Robinson Worldwide can adjust pricing.
18 Jul 2017
XPO Logistics expects a healthy increase in revenue in the second quarter from the first quarter and a year ago, as freight demand in the US picks up.
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Commentary
Race to the top heats up for global transportation companies
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