Panalpina |

Largest Providers by 2012 Gross Revenues and Freight Forwarding Volumes*

A&A Rank	Provider	Gross Revenue (US$ Million)	Ocean TEU’s	Airfreight metric tonnes	Exchange & Ticker Symbol
1	DHL Supply Chain & Global Forwarding	31,639	2,840,000	2,327,000	Through Deutsche Post AG (FRA:DPW)
2	Kuehne + Nagel	22,141	3,473,000	1,093,000	VTX:KNIN
3	DB Schenker	19,789	1,905,000	1,095,000	Private (Deutsche Bahn AG)
4	Sinotrans	7,523	8,237,000**	417,200	HKG:0368
5	Panalpina	7,060	1,388,000	801,000	SWX:PWTN
6	Nippon Express	20,321	719,052	773,773	TYO:9062
7	CEVA Logistics	9,290	783,378	550,000	Private (Apollo)
8	Expeditors International	5,981	868,487	729,527	NASDAQ:EXPD
9	UPS Supply Chain Solutions	9,147	500,000	862,000	Through UPS (NYSE:UPS)
10	SDV	7,038	770,000	510,000	Through Bollore Group (EPA:BOL)
11	DSV	7,759	725,806	259,057	CPH:DSV
12	Kintetsu World Express	3,155	572,000	1,072,000	TYO:9375
13	Agility	4,623	550,000	490,000	KSE:AGLTY
14	Pantos Logistics	2,601	1,765,246	231,000	Private
15	C. H. Robinson	11,356	500,000	95,000	NASDAQ:CHRW
16	Hellmann Worldwide Logistics	3,460	672,569	383,194	Private
17	Damco	3,272	797,700	210,600	Through Maersk (CPH:Maersk)
18	Kerry Logistics	2,490	804,000	289,000	HKG:0636
19	UTi Worldwide	4,608	495,000	361,000	NASDAQ:UTIW
20	Yusen Logistics	3,526	450,000	337,130	TYO:9370
21	Toll Holdings	6,760	484,000	119,000	ASX:TOL
22	Geodis	5,868	420,000	210,000	Private (SNCF)
23	Logwin	1,703	500,000	155,000	ETR:TGH
24	Sankyu	2,697	750,000	18,529	TYO:9065
25	BDP International	1,895	117,931	53,643	Private

*Revenues are company reported or Armstrong & Associates, Inc. estimates and have been converted to US$ using the average exchange rate in order to make non-currency related growth comparisons. Freight forwarders are ranked using a combined overall average based on their individual rankings for gross revenue, ocean freight TEUs and air freight metric tons.

**TEUs shown are a combination of freight forwarding, NVOCC, booking agent and custom broker activities.

Copyright © 2014 Armstrong & Associates, Inc.
Source: http://www.3plogistics.com/Top_25_Global_FF.htm retrieved 24 May 2014

Providers by 2012 Gross Revenues and Freight Forwarding Volumes

Panalpina is a top 10 freight forwarder. It handles more than 1.3 million TEUs per year, more than 800,000 metric tons of air freight and about 1 million tons of non-containerized break bulk cargo. It has 242 sub-contracted warehouses in 150 countries. Panalpina concentrates on nine verticals/segments: Automotive, Chemicals, Consumer Retail, Fashion, Healthcare, High-Tech, Manufacturing, Oil & Gas, and Telecommunications. Telecom growth was major in 2007. Its Oil & Gas operations are primarily in project logistics, which accounts for 10% to 15% of Panalpina’s revenues.