October 6, 2025 | Page 34

Global Logistics Focus
Special Report
Journal of Commerce Top 40 Global Third-Party Logistics Providers( 3PLs)
Annual revenue, primarily from non-asset third-party logistics services, in millions of USD
Rank
Company
Base Country
2023 Revenue
2024 Revenue
YoY Change
1
Amazon / FBA
US
$ 140,053
$ 156,146
11.5 %
2
DHL
Germany
$ 41,357
$ 40,401
-2.3%
3
Kuehne & Nagel
Switzerland
$ 29,659
$ 31,060
4.7 %
4
JD Logistics
China
$ 23,552
$ 25,434
8.0 %
5
DSV Panalpina
Denmark
$ 23,063
$ 24,232
5.1 %
6
DB Schenker
Germany
$ 20,654
$ 20,447
-1.0%
7
CEVA Logistics
Switzerland
$ 15,210
$ 18,400
21.0 %
8
CH Robinson
US
$ 17,596
$ 17,725
0.7 %
9
Nippon Express
Japan
$ 15,499
$ 17,031
9.9 %
10
Maersk
Denmark
$ 13,916
$ 14,920
7.2 %
11
Sinotrans
China
$ 14,062
$ 14,693
4.5 %
12
GXO Logistics
US
$ 9,778
$ 11,709
19.7 %
13
UPS Supply Chain
US
$ 11,461
$ 11,165
-2.6%
14
Expeditors International
US
$ 9,300
$ 10,601
14.0 %
15
Rhenus & Co.
Germany
$ 9,305
$ 8,872
-4.7%
16
JB Hunt
US
$ 9,305
$ 8,709
-6.4%
17
Kintetsu World Express
Japan
$ 7,693
$ 8,239
7.1 %
18
Kerry Logistics
Hong Kong
$ 6,467
$ 7,468
15.5 %
19
TQL
US
$ 6,686
$ 6,900
3.2 %
20
Samsung SDS
South Korea
$ 4,308
$ 5,849
35.8 %
21
PSA International
Singapore
$ 5,283
$ 5,779
9.4 %
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34 Journal of Commerce | October 6, 2025 www. joc. com