Freight Forwarding Services
Industry Description
The US freight forwarding services industry includes about 20,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $50 billion. Major companies include CH Robinson Worldwide, Expeditors International of Washington, FedEx Trade Networks, UPS Supply Chain Solutions, and UTi Worldwide. The US industry is fragmented: the top 50 companies account for about a third of revenue.
SIC: 4731
NAICS: 488510
NAICS: 488510
Related Industries:
Airlines, Warehousing & Storage, Deep Sea Freight Transportation, Inland Water Freight Transportation, Railroads, Trucking, Moving Services, Coastal & Great Lakes Freight TransportationTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| TOLL GLOBAL FORWARDING PTY LIMITED | 46,624.78M | Melbourne, Vic |
| Nyk Group Danmark, Filial af Nyk Group Europe Ltd., England | 28,315.93M | Risskov, Denmark |
| Nippon Express Co., Ltd. | 19,514.57M | Tokyo, Japan |
| SOUTH AFRICAN CONTAINER DEPOTS (PTY) LTD | 14,298.26M | Johannesburg, Gp |
| Cma Cgm Denmark, Filial af Cma Cgmscandinavia As, Norge | 13,152.86M | Kobenhavn, Denmark |
There are 244,886 companies in this industry. To view all of them, register now.Trends
International Trade Expands - The ease of global importing and exporting has fueled...
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The average US retail price for diesel and regular gas, a major operating cost for freight shipping fleets, rose 13.1 percent and 9.3 percent respectively in the week ending January 16, 2012, compared to the same week in 2011.
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Cost Outlook Positive for Freight Forwarders - Transportation rates, a major component of freight forwarding prices, are expected to remain relatively flat in 2012. Trucking, rail, and intermodal rates will likely increase...
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