The Power 25: How the world’s top forwarders are facing the future

(Charles Kauffman and Lewis King also contributed to this article.) If 2015 was called the “year of the merger,” with the wave of consolidations across the airfreight industry, 2016 could be the year of deja vu. We have seen these companies before – well, almost all. While there has been some churn in this year’s […]
  • Randy Woods
  • June 1, 2017

The Power 25: How long can the good times last?

EARLY RISERS For this year’s Power 25, the positive trends outweighed the bad. Last year, we at Air Cargo World predicted DSV, following its completed absorption of UTi, would be a fast riser – and rise it did, leaping up seven spots on the Power 25 list, from No. 16 to No. 9. Now that […]
  • Randy Woods
  • May 27, 2017

The Power 25: Welcome to the neighborhood, Apex Logistics

In a year that saw little change on the Power 25 list, the spotlight fell on the sole new entrant on the list: China-based Apex Logistics International. In 2016, air tonnage shot up for Apex by an impressive 39 percent, while gross revenues topped US$690 million. While this increase came from a relatively small base, […]
  • Randy Woods
  • May 27, 2017

The Power 25: Forwarders to watch in 2017

C.H. Robinson While this Minnesota-based forwarder missed the Power 25 list again this year, and has suffered from the effects of weaker truckload pricing on its overall business, first-quarter 2017 revenues for its Global Forwarding segment grew 33.5 percent to $468.8 million, compared to the previous year. Net revenues for the division increased 14.7 percent, […]
  • Randy Woods
  • May 27, 2017

The Power 25 List for 2017

The Power 25 list was compiled with the cooperation of Armstrong & Associates, Inc., a U.S.-based supply chain consulting firm, which ranked the 25 largest forwarders, based on their 2016 air tonnage. Revenue information and tonnage figures for 2016 are either reported by the companies or estimated by Armstrong & Associates. The Power 25: Rank […]
  • Randy Woods
  • May 27, 2017

The Power 25: Top forwarders grow through acquisition

What’s in a number? For businesses, numbers can provide a fairly accurate picture of the health of a company. In our “Power 25” list of the top global airfreight forwarders, Air Cargo World uses numbers to track the rise and fall of the major players in the market. But numbers only tell part of the […]
  • Randy Woods
  • June 8, 2016

The Power 2015: Stability at the top

Stability at the top For the top four forwarders on the Power 25 list, ranked by tonnage, there was seemingly little change. DHL’s Supply Chain and Global Forwarding divisions led the field, yet again, by a wide margin, with 2.11 million tonnes of air cargo shipped during 2015. However, the leader hardly had an easy […]
  • Randy Woods
  • May 26, 2016

Welcome to the club: First time on the Power 25

Dachser (No. 19) In its year-end report for 2015, Dachser Intelligent Logistics said its Air and Sea Logistics division generated revenue growth of 8 percent and contributed €1.6 billion to the company’s consolidated revenue. Bucking the general trend of 2015, most of Dachser’s growth came from investments in efficiency rather than acquisition. “Instead, we are […]
  • Randy Woods
  • May 26, 2016

Power 25: Three to watch for next year

APEX logistics Founded in 2003, privately-held, China-based APEX Logistics fell just short of making the Power 25 list this year – its 188,000 annual tonnes of airfreight places it at No. 26 on the list – but the young company plans to make a larger dent in the market in 2016. Michael Piza, senior vice president, […]
  • Randy Woods
  • May 26, 2016

The Power 25 List for 2016

The Power 25 list was compiled with the help of Armstrong & Associates, Inc., a U.S.-based supply chain consulting firm, which ranked the top 25 largest forwarders based on their 2015 air tonnage. Revenue information and tonnage figures for 2015 are either reported by the companies or estimated by Armstrong & Associates. Revenues have also […]
  • Randy Woods
  • May 25, 2016

The Power 25 Forwarders of 2015

The larger you are, the harder it is to shove you aside. This basic fact of physics can be seen in The Power 25, Air Cargo World’s list of the top 25 largest freight forwarders in airfreight, based on tonnage last year. Many of the familiar brawny players – DHL Global Forwarding, Kuehne + Nagel, […]
  • Randy Woods
  • June 5, 2015