"Global Top 50 Companies In Logistics and Transport 2024”Released ---New Multidimensional Evaluation System Leads Industry Trend
Driven by the dual forces of global economic integration and digital transformation, the logistics industry, as the lifeblood of international trade, is undergoing unprecedented changes and leaps. On 16th June, 2024, the Chartered Institute of Logistics and Transport International, China Communications and Transportation Association and the UNIDO ITPO Beijing jointly released the "Global Top 50 Companies in Logistics and Transport", providing authoritative and comprehensive enterprise evaluations and in-depth industry insights for the global logistics industry and beyond.
This list innovatively adopts a multidimensional, professional, and transparent evaluation system, focusing not only on the scale of enterprise revenue and profitability but also including Environmental, Social, and Governance (ESG) performance in the scope of consideration. The quantitative evaluation used the z-score method.After data standardization, the top 60 list was obtained according to the formula Ƒ(x)= [operating revenue ×0.7+ market value ×0.2+ operating profit ×0.1] ×0.8+ [operating profit rate ×0.5+ return on shareholders' equity ×0.5] ×0.2. Subsequently, according to the United Nations Sustainable Development Goals (SDG) and ESG standards, combined with the latest financial annual report of the enterprise, the cross-border expert team was strictly reviewed and finally selected the most representative and influential "Global Top 50 Companies in Logistics and Transport".
In the global economic landscape, the logistics industry, as a key link connecting production and consumption, is becoming increasingly important. According to statistics, the global logistics market size has reached 8.96 trillion US dollars in 2023, and it is expected to double to 18.23 trillion US dollars by 2030. Behind this growth trend are the deepening of global trade, the rise of e-commerce, continuous technological progress, and the ongoing optimization of supply chain management.
The release of the "Global Top 50 Companies in Logistics and Transport" is not only a comprehensive evaluation of outstanding enterprises in the global logistics and transport industry, but also a profound insight and forward-looking into the future development of the industry. In the future, the Chartered Institute of Logistics and Transport International, China Communications and Transportation Association and the UNIDO ITPO Beijing will continue to promote the ranking and evaluation work of "Global Top Companies in Logistics and Transport" ranking, continue to optimize the evaluation system, deeply explore and share the best practices of the global logistics industry, and contribute wisdom and strength to the sustainable development of the global logistics and transport industry.
TOP50 Ranking |
Company name |
Home Country |
1 |
Deutsche Post AG |
Germany |
2 |
United Parcel Service Inc |
USA |
3 |
FedEx Corp |
USA |
4 |
AP Moeller-Maersk A/S |
Denmark |
5 |
Kuehne & Nagel International AG |
Switzerland |
6 |
DSV A/S |
Denmark |
7 |
Cosco Shipping Holdings Co Ltd |
China |
8 |
Xiamen Xiangyu Co Ltd |
China |
9 |
Union Pacific Corporation |
USA |
10 |
Hapag Lloyd AG |
Germany |
11 |
S.F. Holding Co.Ltd |
China |
12 |
Canadian National Railway Co |
Canada |
13 |
C.H. Robinson Worldwide |
USA |
14 |
CSX Corporation |
USA |
15 |
Nippon Yusen KK |
Japan |
16 |
Evergreen Marine Corp Taiwan |
China Taiwan |
17 |
JB Hunt Transport Services Inc |
USA |
18 |
Mitui O.S.K. Lines Ltd |
Japan |
19 |
Orient Overseas (Int'l) Ltd. |
China |
20 |
Norfolk Southern Corp |
USA |
21 |
HMM Co Ltd |
Korea |
22 |
Hyundai Glovis Co Ltd |
Korea |
23 |
Expeditors International of Washington Inc |
USA |
24 |
Canadian Pacific Kansas City Ltd |
Canada |
25 |
JD Logistics |
China |
26 |
Old Dominion Freight Line Inc |
USA |
27 |
Ryder System Inc |
USA |
28 |
Yang Ming Marine Transport Corp |
China Taiwan |
29 |
Nippon Express Holdings |
Japan |
30 |
ZIM Integrated Shipping Services |
Israel |
31 |
Schneider National Inc |
USA |
32 |
Sinotrans Ltd |
China |
33 |
Compania de Distribucion Integral Logista Holdings |
Spain |
34 |
Daqin Railway Co Ltd |
China |
35 |
Yamato Holdings Co.Ltd |
Japan |
36 |
Compagnie De I'odet SE |
France |
37 |
TFI International Inc |
Canada |
38 |
Kintetsu Group Holdings |
Japan |
39 |
Kawasaki Kisen Kaisha Ltd |
Japan |
40 |
CJ Logistics Corp |
Korea |
41 |
SG Holdings Co Ltd |
Japan |
42 |
NTG Nordic Transport Group AS (NEW) |
Denmark |
43 |
Wan Hai Lines Ltd |
China Taiwan |
44 |
International Distributions Services PLC |
Britian |
45 |
Kerry Logistics Network Ltd |
China Hong Kong |
46 |
Yunda Holding Co |
China |
47 |
GXO Logistics Inc |
USA |
48 |
Landstar System Inc |
USA |
49 |
PKP Cargo SA (NEW) |
Poland |
50 |
CMST Development Co Ltd |
China |