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Article: UPS, DHL Top List Again Of Largest Forwarders

Article from:
Transport Topics
Article date:
November 17, 2008
Author:
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Freight forwarders faced a number of challenges in 2008, including a Justice Department probe into allegations of price fixing and the diversion of air freight to ocean and ground transportation as record fuel prices pushed rates skyward.

U. S. -based UPS Supply Chain Solutions and Germany's DHL Global Forwarding held their positions at No. 1 and No. 2, based on worldwide revenue. The two firms also struck a deal allowing UPS to provide airlift for DHL in the United States. - Daniel P. Bearth

Top 25 Freight Forwarders

1 UPS Supply Chain Solutions

Net Revenue: $4.3 billion

Gross Revenue: $5.9 billion

Headquarters: Atlanta

2 DHL Global Forwarding

Net Revenue: $3.2 billion

Gross Revenue: $13.9 ...

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