Freight Forwarding |

For many years, Sinotrans Limited was completely protected by People’s Republic of China law from direct foreign competition until recently. In some ways it is a very transparent company. Just over 80% of revenues are derived from freight forwarding. Sinotrans handled over 8.2 million TEUs of sea freight, 417,200 metric tons of air freight and 16.9 million international express documents/packages in 2012. (TEUs shown are a combination of freight forwarding, NVOCC, booking agent and custom broker activities.) Sinotrans is a joint stock limited company incorporated in the People’s Republic of China on November 20, 2002 with China National Foreign Trade Transportation Corporation (“Sinotrans Group Company”) as its sole promoter. The Company was listed successfully on The Stock Exchange of Hong Kong Limited on February 13, 2003. The Group’s core services are freight forwarding and shipping agency services with support services such as storage and terminal services, marine transportation, trucking and express.

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Source: http://www.3plogistics.com/Top_25_Global_FF.htm retrieved 24 May 2014

Providers by 2012 Gross Revenues and Freight Forwarding Volumes

DB Schenker made significant purchases from 2006 to 2008 to double the size of its operations. The purchases include BAX in 2006, Spain-Tir in 2007 and Romtrans in 2008. Romtrans was the largest forwarding company in Romania with $140 million in revenue and 1,500 employees. Operations go as far east as Georgia. Spain-Tir had over 700 trucks and 16 million square feet of warehousing space covering the Iberian Peninsula. BAX added significant North American and Asian capacity. German operations, including Europe’s largest rail freight and trucking operations, are over 70% of total revenues. DB Schenker’s European trucking by land transport has over 24,000 employees/owneroperators and handled 95 million shipments in 2012. Russian and Eastern European operations are substantial. DB Schenker is significantly expanding its contract logistics operations adding over $100 million of new business in 2012. Dave Bouchard leads the Americas effort. North American contract logistics operations are 42% Consumer Goods, 30% High-Tech, 16% Industrial and 12% Automotive.