July 29, 2024 | Page 24

Top 25 Trans-Pacific NVOs
Special Report
Journal of Commerce Top 25 NVOs by US Imports from Asia
Containerized US imports from Asia , Jan . -May 2024 vs . Jan . -May 2020 , 2021 , 2022 and 2023 , in laden TEUs .
The Journal of Commerce Top 25 Non-Vessel-Operating Common Carriers ( NVOs ) in the eastbound trans-Pacific trade handled 43.4 % ( 1.49 million TEUs ) of the 3.43 million TEUs in US imports from Asia booked through NVOs during the first five months of 2024 , a volume increase of 10.3 % from the same 2023 period .
Y-O-Y
Jan . -May Market Share
Y-O-Y
NVO
Jan . -May 2024
Percentage
Market Share
Rank
Global Headquarters
Volumes
Change
2020
2021
2022
2023
2024
Change
1
Kerry Apex
186,678
31.5 %
5.3 %
5.1 %
3.8 %
4.6 %
5.4 %
0.9 %
San Francisco , Calif .
2
OEC Group
112,256
13.8 %
3.9 %
3.6 %
2.9 %
3.2 %
3.3 %
0.1 %
Taipei , Taiwan
3
C . H . Robinson
110,610
14.4 %
4.7 %
4.3 %
3.7 %
3.1 %
3.2 %
0.1 %
Eden Prairie , Minn .
4
Kuehne + Nagel International
108,840
7.2 %
3.6 %
3.4 %
3.3 %
3.3 %
3.2 %
-0.1%
Schindellegi , Switzerland
5
Expeditors International
103,723
8.6 %
4.9 %
4.4 %
3.7 %
3.1 %
3.0 %
0.0 %
Seattle , Wash .
6
Honour Lane Shipping
97,484
14.5 %
3.3 %
3.4 %
2.5 %
2.7 %
2.8 %
0.1 %
Tsuen Wan , Hong Kong
7
Amazon Global Logistics
70,668
75.0 %
0.6 %
0.9 %
1.3 %
1.3 %
2.1 %
0.8 %
Seattle , Wash .
8
Flexport
65,021
-5.8%
1.1 %
1.1 %
2.2 %
2.2 %
1.9 %
-0.3%
San Francisco , Calif .
9
Hecny Shipping
60,489
-9.8%
2.1 %
1.9 %
1.6 %
2.2 %
1.8 %
-0.4%
Kwun Tong , Hong Kong
10
DHL
46,669
3.0 %
1.6 %
1.7 %
1.8 %
1.5 %
1.4 %
-0.1%
Bonn , Germany
11
Safround logistics
45,579
10.0 %
0.9 %
0.9 %
1.0 %
1.3 %
1.3 %
0.0 %
Ningbo , China
12
De Well
42,411
-23.7%
1.4 %
1.6 %
1.3 %
1.8 %
1.2 %
-0.6%
Shanghai , China
13
DFDS Group
40,848
17.3 %
0.9 %
1.1 %
1.2 %
1.1 %
1.2 %
0.1 %
Copenhagen , Denmark
14
Orient Star Transport International
40,291
18.0 %
1.4 %
1.5 %
1.0 %
1.1 %
1.2 %
0.1 %
Kwai Chung , Hong Kong
15
China International Freight Co
39,619
0.6 %
1.4 %
1.5 %
1.3 %
1.3 %
1.2 %
-0.1%
Taipei , Taiwan
16
Taicang Xintai International Shipping Agency
38,122
9.5 %
0.0 %
0.1 %
1.4 %
1.1 %
1.1 %
0.0 %
Jiangsu , China
17
SeaMaster Logistics
35,388
-30.4%
1.5 %
1.5 %
1.5 %
1.6 %
1.0 %
-0.6%
Ciudad Juárez , Mexico
18
DSV
34,371
47.6 %
0.3 %
0.7 %
0.6 %
0.7 %
1.0 %
0.3 %
Hedehusene , Denmark
19
Sinpex Connection Logistics
33,865
12.4 %
0.0 %
0.9 %
0.9 %
1.0 %
1.0 %
0.0 %
Seoul , South Korea
20
Qingdao Maxwide Logistics
31,693
57.7 %
0.3 %
0.3 %
0.4 %
0.6 %
0.9 %
0.3 %
Qingdao , China
21
Translink Shipping
30,646
27.9 %
0.8 %
0.8 %
0.7 %
0.8 %
0.9 %
0.1 %
Seattle , Wash .
22
UPS Supply Chain Solutions
29,661
-1.1%
1.3 %
1.1 %
0.9 %
1.0 %
0.9 %
-0.1%
Alpharetta , Ga .
23
MCL Multi Container Line
28,509
-4.9%
1.3 %
1.4 %
1.5 %
1.0 %
0.8 %
-0.1%
Kowloon Bay , Hong Kong
24
CIMC Wetrans
28,080
149.5 %
0.0 %
0.0 %
0.0 %
0.4 %
0.8 %
0.5 %
Tianjin , China
25
Pudong Prime International Logistics
28,025
13.0 %
0.8 %
0.8 %
0.8 %
0.8 %
0.8 %
0.0 %
Shanghai , China
Total Top 25 NVOs by US Imports from Asia 1,489,546 10.3 % 43.4 % 44.1 % 41.4 % 42.6 % 43.4 % 0.8 % Total NVO US Imports from Asia 3,430,656 9.9 %
Note : Data does not include imports through Canadian ports and less-than-containerload ( LCL ) shipments Source : S & P Global © 2024 S & P Global
24 Journal of Commerce | July 29 , 2024 www . joc . com