Views: 227 Author: Site Editor Publish Time: 2022-12-21 Origin: Site
The following ranking is in no particular order and is only a list of the current top 10 freight forwarders according to TEUs (Air & Ocean).
Founded in Germany in 1890, Kuehne + Nagel has transformed itself over the past 130 years from a traditional freight forwarder into a global transport and logistics company with a focus on ocean, air and road freight forwarding and contract logistics (i.e. as a third party logistics partner to its customers). Kuehne + Nagel has an established logistics network in 109 countries and territories.
Kuehne + Nagel is the world's largest ocean freight forwarder and the second largest air freight forwarder (after the acquisition of Apex it became the number one air freight forwarder). According to Kuehne + Nagel's Q1 2021 financial results, the company's annual ocean freight volume in 2020 is 4.529 million TEUs; annual air freight volume is 1.433 million tonnes; turnover is CHF 20.38 billion (approx. RMB 144.88 billion), gross profit is CHF 7.48 billion (approx. RMB 53.17 billion) and EBITDA is CHF 1.07 billion. CHF (approx. RMB 7.6 billion).
The company's maritime business will report a gross profit of CHF 1416.3 million (approximately RMB 10,078 million) and an EBIT of CHF 422.2 million (approximately RMB 30,005 million) in 2020; maritime cargo volumes in Q1 2021 were 1.096 million TEUs, up 2% year-on-year; gross profit was CHF 482.2 million (approximately RMB 3,432 million), an increase from last year. Gross profit was CHF 482.2 million (approx. RMB 3,432 million), up 40.1% compared to last year, and EBIT was CHF 206 million (approx. RMB 1,465.9 million), up 160.8% compared to last year.
Kuehne + Nagel 2020 generated gross profit of CHF 1330 million (approx. RMB 9455 million) and EBIT of CHF 443.9 million (approx. RMB 3155.6 million) from its airfreight business; airfreight volumes in Q1 2021 were 433,000 tonnes, up 16.4% on the previous year; gross profit was CHF 402 million (approx. RMB 2857.7 million), up 30.9% on the previous year. Gross profit was CHF 402 million (approx. RMB 2857.7 million), up 30.9% year-on-year; EBIT was CHF 163 million (approx. RMB 1158.8 million), up 129.6% year-on-year.
On 12 May 2021, the company announced that it had completed the acquisition of Apex International and that all closing conditions had been met, including the approval of the merger by the antitrust authorities. The acquisition, which cost CHF 1.1 billion (approximately RMB 7.8 billion), gave Kuehne + Nagel a majority stake in Apex.
Apex is one of the leading freight forwarders in Asia, with particular strengths in trans-Pacific and Asian routes. With a turnover of CHF 2.2 billion (approx. RMB 15.64 billion), gross profit of CHF 296 million (approx. RMB 2.1 billion) and EBITDA of CHF 126 million (approx. RMB 896 million) in 2020, the company is the seventh largest airfreight forwarder in the world.
In Q1 2021, Apex achieved turnover of CHF 556 million (approximately RMB 3.95 billion), gross profit of CHF 109 million (approximately RMB 775 million) and EBITDA of CHF 64 million (approximately RMB 455 million).
With this acquisition, Kuehne + Nagel has successfully established itself as the market leader in the trans-Pacific route and Apex will continue to be operated by its experienced team and benefit from Kuehne + Nagel's global network, service capabilities and solutions.
Under the acquisition agreement, the economic benefits of the Apex business have been attributed to Kuehne + Nagel with effect from 1 January 2021 and the financial data of Apex will be consolidated with Kuehne + Nagel's financial results from the date of completion of the acquisition.
Founded in 1969 by Adrian Dalsey, Larry Hillblom and Robert Lynn and headquartered in Germany, the company's name consists of the initials of the three founders' surnames.
Once the world's largest air freight forwarder, DHL became the second largest after Kuehne + Nagel acquired Apex, and the third largest ocean freight forwarder. According to Armstrong & Associates, Inc., a market research and advisory firm, DHL Global Forwarding, Freight & Supply Chain will have an annual air freight volume of 1.795 million tonnes and an annual ocean freight volume of 2.832 million TEUs in 2020.
DHL's annual financial results show that the group's turnover for 2020 was EUR66.806 billion (approximately RMB 518.568 billion) and EBITDA was EUR4.847 billion (approximately RMB37.623 billion). Q1 2021 reports show that DHL Global Forwarding's air cargo volume in Q1 was 494,000 tonnes, up 18.2% from last year. Sea freight volumes were 764,000 TEUs, up 8.8% year-on-year.
On 20 December 2016, DHL further strengthened the company's European cross-border parcel network by acquiring UK Mail, one of the largest postal parcel operators in the UK. The acquisition, which cost $315.5 million, will see UK Mail rebranded as DHL Parcel UK. the acquisition enables DHL to combine the company's expertise in e-commerce and parcel delivery with UK Mail's existing customer base and network.
According to DSV Panalpina's Q1 2021 financial results, DSV Panalpina's annual air cargo volume in 2020 is 1.272 million tonnes; annual sea cargo volume is 2.204 million TEUs; turnover is DKK 115.93 billion (approximately R120.98 billion), gross profit is DKK 28.53 billion (approximately R29.77 billion) and EBITDA is DKK 9.52 billion (approximately R9.93 billion). DKK (approximately RMB 9.93 billion). In addition, the company's annual air cargo volume in Q1 was 336,000 tonnes; sea cargo volume was 581,000 TEUs.
On 27 April 2021, DSV Panalpina announced the acquisition of Agility's main business, Global Integrated Logistics, for US$4.2 billion. The company, which provides air and ocean freight related logistics services, has revenues of US$4 billion in 2020 and employs approximately 17,000 people.
The acquisition is expected to be completed by Q3 2021 and if DSV Panalpina successfully completes the acquisition of Agility Global Integrated Logistics, it will become the third largest transport and logistics company in the world. The combined group's revenue is expected to grow by 23% to DKK 142 billion (approximately RMB 148.19 billion), with more than 70,000 employees and annual sea freight volumes of 2.8 million TEUs and 1.6 million tonnes of air freight.
The company was founded in 1872 by Gottfried Schenker in Austria and is based in Germany. With its roots in rail transport, DB Schenker is a leading global integrated international logistics service with a history of over 140 years.
DB Schenker's annual financial results for 2020 show a turnover of €39.9 billion (approx. RMB 309.6 billion), which was 10.2% lower than last year due to the impact of the epidemic.
DB Schenker's annual air freight volume in 2020 was 991,000 tonnes and its annual ocean freight volume was 2,042,000 TEUs.
In 2016, the company invested US$25 million to take a minority stake in uShip, a US-based e-freight marketplace, and signed a five-year agreement. DB Schenker uses uShip's platform software to run its own Drive4Schenker (D4S) online service, matching drivers with The company has also signed a five-year agreement with uShip.
Founded in 1950, Sinotrans is the largest freight forwarder in China and the second largest ocean freight forwarder in the world. Sinotrans' main activities include integrated logistics services by sea, road and air.
According to market research and consultancy Armstrong & Associates, Inc. in 2020, Sinotrans' annual ocean freight volume was 3.77 million TEUs; its annual air freight volume was 502,000 tonnes.
The company's annual financial results show that Sinotrans' revenue for 2020 will be RMB84.53 billion, up 8.87% from last year; gross profit will be RMB3.37 billion, total profit will be RMB3.53 billion and net profit will be RMB2.87 billion.
Sinotrans' Q1 2021 turnover was RMB28.9 billion, up 76.43% from last year; gross profit was RMB1.03 billion, total profit was RMB1.04 billion and net profit was RMB0.86 billion.
On 9 December 2020, Lu Ronglei, Sinotrans' Securities Representative and General Manager of Capital Operations Department, revealed that the company had completed the acquisition of 100% equity interests in seven subsidiaries of the European company KLG Europe Holding B.V. The acquisition would help supplement Sinotrans' landed service segment in Europe and enhance its overseas operation capacity, and the purchase price was expected to be no more than 386 million euros (approximately RMB 3 billion).
Founded in 1979, Expeditors is a global logistics company headquartered in Seattle, Washington, USA, with 176 regional offices and numerous branches on six continents, and an integrated information management system dedicated to creating a seamless integration of logistics services including air freight, ocean freight, customs clearance, supplier consolidation, cargo insurance, time-definite logistics, order management, warehousing and distribution, and customised We are committed to building a seamless global logistics network that includes air freight, ocean freight, customs clearance, supplier consolidation, freight insurance, time-definite logistics, order management, warehousing and distribution and customised solutions.
According to market research and consultancy in 2020, the company is the 6th largest air freight forwarder in the world with an annual air freight volume of 840,000 tonnes, while Expeditors is the 9th largest ocean freight forwarder in the world with an annual ocean freight volume of 1.012 million TEUs.
Expeditors' 2020 annual results show that the company's turnover was US$10.11 billion (approximately RMB64.92 billion), up 23.7% from last year, while its air freight turnover was US$4.78 billion (approximately RMB30.69 billion), up 63.3% from last year, and its ocean freight turnover was US$2.35 billion (approximately RMB15.09 billion), up 6.1% from last year. The sea freight turnover was US$2.35 billion (approximately RMB15.09 billion), up 6.1% year-on-year.
According to its Q1 2021 results, the company's first quarter revenue was US$3.35 billion (approximately RMB21.51), up 77% year-on-year; air freight revenue was US$1.47 billion (approximately RMB9.44 billion), up 108.3% year-on-year; and ocean freight revenue was US$950 million (approximately RMB6.1 billion), up 94.1% year-on-year.
Founded in 1871 by Carl Heinrich Hellmann and headquartered in Osnabrück, Germany, the family-owned company offers logistics services in air, sea, road and rail transport as well as contract logistics. The company has 263 offices worldwide, employs 10,601 people and transports 16 million parcels per year.
According to market research and consultancy Armstrong & Associates, Inc. in 2020, the company is the 9th largest air freight forwarder in the world with an annual air freight volume of 586,000 tonnes, while Hellmann is also the 10th largest ocean freight forwarder in the world with an annual ocean freight volume of 955,000 TEUs.
On 24 March 2021 Hellmann opened its first branch in Egypt to continue its expansion in the MESA (Middle East and South Asia) countries, having also launched its operations in Oman last year.
On 7 June 2021, the company announced a €28 million investment in leasing and development at Auckland Airport in New Zealand to establish a new warehouse centre dedicated to multinational manufacturer Techtronic Industries (TTI).
On 17 July 2021 Hellmann announced that it will open its first Direct Load (door-to-door delivery service) branch in Rennes, France.
Established in 1985 and headquartered in Hong Kong, China, Kerry Logistics is part of the Kerry Group, a subsidiary of the Kwok Group, and offers a wide range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and intermodal) and industrial project logistics to cross-border e-commerce, last mile delivery and infrastructure investment.
Kerry operates in 59 countries and territories, including China, Hong Kong and Taiwan, Asia, the Americas, EMEA (Europe, Middle East, Africa) and Oceania. The company employs more than 42,000 people worldwide, with 74 million square feet of land and facilities and over 10,000 self-owned vehicles.
According to market research and consultancy in 2020, the company is the 8th largest ocean freight forwarder in the world with an annual ocean freight volume of 1.019 million tonnes, while Kerry is also the 13th largest air freight forwarder in the world with an annual ocean freight volume of 493,000 TEUs.
Kerry's 2020 annual results show that the company's turnover was HK$53.36 billion (approximately RMB44.17 billion), up 30% from last year, while gross profit was HK$6.17 billion (approximately RMB5.1 billion), up 14.2% from last year, and EBITDA was HK$4.24 billion (approximately RMB3.51 billion), a decrease of 14% from last year.
Founded in 2007 through the merger of TNT Logistics and EGL Eagle Global Logistics and headquartered in Switzerland, Ceva specialises in logistics and transport operations, contract logistics and supply chain solutions for large and medium-sized state-owned enterprises and multinational corporations.
Ceva employs 78,000 people, operates more than 1,000 facilities in over 160 countries and territories, and has 9 million square metres of warehouse space. The company is part of the CMA CGM (Duffy) group.
According to market research and consultancy Armstrong & Associates, Inc. in 2020, Ceva ranked 7th in the world with 1.05 million TEUs of annual sea freight and 14th in the world with 440,000 tonnes of annual air freight.
The company's annual financial results for 2020 show that Ceva's turnover was US$7.41 billion (approximately RMB44.17 billion), virtually unchanged from last year, and EBITDA was US$610 million (approximately RMB3.51 billion), a decrease of 0.16% from last year.
Founded in 1905 and headquartered in Minnesota, USA, the company started as a small wholesale grocery business and gradually expanded into trucking, which led to its expansion into a global multimodal transportation service and third-party logistics provider. suppliers.
According to market research and consulting firm Armstrong & Associates, Inc. in 2020, the company ranked 6th in the world with 1.2 million TEUs of annual ocean freight and 23rd in the world with 225,000 tonnes of annual air freight.
C.H. Robinson's 2020 annual financial results show that the company's revenue was US$16.2 billion (approximately RMB104.14 billion), up 5.9% from last year; gross profit was US$2.41 billion (approximately RMB15.49 billion), down 6.7% from last year; and net income was US$500 million (approximately RMB3.21 billion), down 12.2% from last year.
According to C.H. Robinson's Q1 2021 results, the company's revenue for the first quarter was US$4.8 billion (approximately RMB30.85 billion), up 26.3% year-on-year; net income was US$170 million (approximately RMB1.09 billion), up 121.8% year-on-year; gross profit from ocean freight was US$135 million (approximately RMB867 million), up Gross profit by air was US$45.247 million (approximately RMB290 million), an increase of 68.3% compared to last year.
