April 8, 2024 | Page 28

Top 40 Global 3PLs
Special Report
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Journal of Commerce Top 40 Global Third-Party Logistics Providers ( 3PLs )
Annual revenue , primarily from non-asset third-party logistics services , in millions of US dollars
Rank Company Base Country 2022 Revenue 2023 Revenue Percentage Change 1 Amazon US $ 117,716 $ 140,053 19.0 %
2 DHL Germany $ 49,047 $ 41,357 -15.7 %
3 Kuehne + Nagel Switzerland $ 45,066 $ 29,659 -34.2 %
4 DSV Panalpina Denmark $ 33,298 $ 23,063 -30.7 %
5 DB Schenker Germany $ 29,711 $ 20,654 -30.5 %
6 C . H . Robinson US $ 23,516 $ 17,596 -25.2 %
7 Nippon Express Japan $ 18,092 $ 15,499 -14.3 %
8 CEVA Logistics Switzerland $ 12,000 $ 15,210 26.8 %
9 Sinotrans China $ 15,928 $ 14,062 -11.7 %
10 Maersk Denmark $ 14,423 $ 13,916 -3.5 %
11 JB Hunt US $ 13,732 $ 13,619 -0.8 %
12 UPS US $ 16,431 $ 11,461 -30.2 %
13 GXO Logistics US $ 8,993 $ 9,778 8.7 %
14 Rhenus & Co . Germany $ 7,360 $ 9,305 26.4 %
15 Expeditors International US $ 17,071 $ 9,300 -45.5 %
16 Kintetsu World Express Japan $ 8,011 $ 7,693 -4.0 %
17 TQL US $ 8,848 $ 6,686 -24.4 %
18 Kerry Logistics Hong Kong $ 12,268 $ 6,467 -47.3 %
19 Uber Freight / Transplace US $ 6,947 $ 5,245 -24.5 %
20 Worldwide Express / Global Tranz US $ 5,040 $ 5,160 2.4 %
21 Bolloré France $ 7,477 $ 5,032 -32.7 %
28 Journal of Commerce | April 8 , 2024 www . joc . com