Shipper/Freight Forwarders Rankings – commodity wise

DSV Panalpina buys Agility unit for US$4 billion to become No. 3 freight forwarder

Apr, 27, 2021 Posted by andrew_lorimer

Week 202118

DSV Panalpina said on Tuesday it had agreed to acquire Agility freight forwarders in an all-share deal worth $4.1 billion, creating the world’s third largest freight forwarding company.

The deal is one of several in recent years as global logistics companies are looking to build scale in a fragmented freight transport market.

It will see Copenhagen-based DSV overtake DB Schenker, putting it behind only DHL Logistics and Kuehne & Nagel as measured by revenue and freight volumes.

On the east coast of South America, the joining of the two players will see them climb the rankings substantially. The latest OTI rankings from Datamar already showed some of the effects of DSV and Panalpina’s coming together.

Brazil

OTI (NVO) Ranking | DataLiner Brazil | Jan/Feb 2021 v Jan/Feb 2020 | TEU | Exports

Rank	Company	Jan-Feb \| 2020	Jan-Feb \| 2021	% Change
1	1	KUEHNE & NAGEL	10,822	9,025	-16.61%
2	2	AMTRANS LOGISTICA & TRANSPORTES INTERNACIONAIS LTDA	4,684	7,260	55.00%
3	3	INTERMAR AFRETAMENTO E AGENCIAMENTO LTDA	1,446	5,545	283.47%
4	4	DB SCHENKER	6,269	5,046	-19.50%
5	5	VMLOG LOGISTICA INTERNATIONAL	2,504	4,291	71.37%
6	6	DHL GLOBAL FORWARDING	3,328	3,949	18.67%
7	7	EASY SHIPPING GLOBAL LOGISTICA LTDA	1,145	3,684	221.75%
8	8	AGILITY LOGISTICS	4,511	3,609	-20.00%
9	9	ASIA SHIPPING	2,652	3,306	24.64%
10	10	DSV TRANSPORT & LOGISTICS CO	804	3,142	290.93%
11	11	INDAIA LOGISTICA INTERNACIONAL	2,401	2,597	8.14%
12	12	INTERGLOBO INTERNATIONAL FREIGHT FORWARDING	1,568	2,314	47.58%
13	13	CONFIDENCE ASSESSORIA EM COMERCIO EXTERIOR LTDA	3,473	2,203	-36.57%
14	14	BCF COMISSIONARIA ADUANEIRA & SERV DE IMP & EXP LTDA	718	2,049	185.38%
15	15	SAVINO DEL BENE	1,464	1,920	31.15%
16	16	J C ASSESSORIA EM COMERCIO EXTERIOR LTDA	2,077	1,882	-9.39%
17	17	DC LOGISTICS BRASIL LTDA	1,560	1,730	10.93%
18	18	CRAFT MULTIMODAL	2,184	1,703	-22.04%
19	19	EURO AMERICA INTERNATIONAL FREIGHT FORWARDERS	1,532	1,582	3.26%
20	20	EAST LINE LTD	1,275	1,490	16.90%
21	21	SAFELOG TRANSPORTES & LOGISTICA LTDA EPP	1,628	1,464	-10.10%
22	22	CEVA LOGISTICS	673	1,452	115.75%
23	23	ANDES OPERADOR MULTIMODAL LTDA	1,724	1,420	-17.63%
24	24	LION LOGISTICS TRANSPORTES INTERNACIONAIS LTDA	200	1,382	591.00%
25	25	BLU LOGISTICS BRASIL TRANSPORTES INTERNACIONAIS LTDA	907	1,273	40.35%
26	26	EASYLOG SERVICOS & LOGISTICA LTDA EPP	1,118	1,220	9.12%
27	27	B&M LOGISTICA INTERNACIONAL	1,832	1,206	-34.20%
28	28	FR MEYERS SOHN LOGISTICS	1,095	1,178	7.58%
29	29	EXPEDITORS INTERNATIONAL	1,360	1,171	-13.90%
30	30	MASTER SUL COMEX LTDA	1,121	1,116	-0.45%
31	31	JOSE RUBEM TRANSPORTE & EQUIPAMENTO LTDA	852	1,092	28.17%
32	32	AGL CARGO	963	1,072	11.32%
33	33	FESHI SERVICOS ADUANEIROS & TRANSPORTES LTDA	1,158	1,028	-11.23%
34	34	SMX INTERNATIONAL LTDA EPP	344	972	182.56%
35	35	INTERMODAL TANK TRANS BR OPER DE CONTEINER TANQUE LTDA	368	944	156.24%
36	36	VOX SHIPPING DO BRASIL AGENCIAMENTO LTDA	71,760	918	-98.72%
37	37	FEDEX TRADE NETWORKS	652	834	27.91%
38	38	PLENNA ASSESSORIA EM COMERCIO EXTERIOR LTDA EPP	1,334	828	-37.93%
39	39	MORGADO DESPACHOS ADUANEIROS LTDA	0	804	100.00%
40	40	JAS FORWARDING WORLDWIDE	1,158	791	-31.69%
41	41	BRAZIL TRANSPORT LOGISTICS LTDA ME	128	778	507.81%
42	42	DMF LOGISTICS	546	722	32.23%
43	43	MAERSK GROUP	91	663	631.59%
44	44	C FREIGHT AGENCIAMENTOS INTERNACIONAIS LTDA	470	658	40.00%
45	45	ORGANIZACAO LEON REICH LTDA	416	644	54.81%
46	46	C STEINWEG HANDELSVEEM LATIN AMERICA SA	194	630	224.74%
47	47	ALLOG TRANSPORTES INTERNACIONAIS	348	626	79.89%
48	48	SERVIMEX LOGISTICA LTDA	588	611	3.91%
49	49	EASY WAY AGENCIAMENTO DE CARGAS INTERNACIONAIS LTDA EPP	551	583	5.81%
50	50	BDP	231	580	151.08%
51		OTHERS	50,196	53,083	5.75%
52		TOTAL	200,424	150,069	-25.12%

Source: DataLiner

OTI (NVO) Ranking | DataLiner Brazil | Jan/Feb 2021 v Jan/Feb 2020 | TEU | Imports

Rank	Company	Jan-Feb \| 2020	Jan-Feb \| 2021	% Change
1	1	ASIA SHIPPING	23,441	27,980	19.36%
2	2	BLU LOGISTICS BRASIL TRANSPORTES INTERNACIONAIS LTDA	10,687	13,842	29.53%
3	3	KUEHNE & NAGEL	10,335	8,087	-21.75%
4	4	DC LOGISTICS BRASIL LTDA	5,014	7,063	40.88%
5	5	AGILITY LOGISTICS	7,181	6,710	-6.55%
6	6	CRAFT MULTIMODAL	5,814	6,087	4.71%
7	7	PANTOS LOGISTICS	6,120	5,521	-9.79%
8	8	DB SCHENKER	5,294	5,509	4.06%
9	9	CEVA LOGISTICS	5,550	5,112	-7.89%
10	10	ES BRASIL LOGISTICA LTDA	2,572	4,892	90.20%
11	11	HAND LINE TRANSPORTES INTERNACIONAIS LTDA	3,734	4,662	24.85%
12	12	ALLOG TRANSPORTES INTERNACIONAIS	4,926	4,540	-7.84%
13	13	DSV TRANSPORT & LOGISTICS CO	3,389	4,383	29.32%
14	14	COMISSARIA PIBERNAT LTDA	4,647	4,116	-11.43%
15	15	PANALPINA	5,222	4,090	-21.67%
16	16	DHL GLOBAL FORWARDING	4,395	3,940	-10.35%
17	17	BDP	2,576	3,936	52.77%
18	18	HYUNDAI GLOVIS	2,621	3,711	41.59%
19	19	EXPEDITORS INTERNATIONAL	2,391	3,426	43.29%
20	20	JAS FORWARDING WORLDWIDE	2,328	3,143	35.02%
21	21	ROYAL AGENCIAMENTOS DE CARGAS LTDA EPP	2,912	2,668	-8.38%
22	22	HM WAY LOGISTICS	2,797	2,553	-8.71%
23	23	CHENDA CARGO LOGISTICS BRASIL LTDA	2,736	2,491	-8.95%
24	24	CTI CARGO	1,764	2,485	40.87%
25	25	PGL BRASIL LTDA	1,208	2,239	85.35%
26	26	RENTAL LOGISTICA & TRANSPORTE LTDA	1,860	2,226	19.68%
27	27	ANX LOGISTICA INTERNACIONAL & AGENCIAMENTO LTDA	2,392	2,221	-7.15%
28	28	SEA SKY LOGISTICA DE TRANSPORTE INTERNACIONAL LTDA	1,392	2,087	49.93%
29	29	INDAIA LOGISTICA INTERNACIONAL	1,601	2,071	29.34%
30	30	NEXT SHIPPING LOGISTICA INTERNACIONAL LTDA ME	1,657	1,980	19.49%
31	31	KPM LOGISTICS AGENCIAMENTO DE CARGAS EIRELI	1,258	1,977	57.15%
32	32	B&M LOGISTICA INTERNACIONAL	1,390	1,934	39.14%
33	33	PLUSCARGO GROUP	1,435	1,865	29.98%
34	34	FAST SHIPPING AGENCIAMENTO DE CARGAS LTDA	584	1,804	208.90%
35	35	FGL GLOBAL LOGISTICA LTDA	974	1,803	85.08%
36	36	ASCENSUS TRADING & LOGISTICA LTDA	683	1,706	149.78%
37	37	GEODIS WILSON	1,312	1,551	18.26%
38	38	ASLL AIRSEA LAND ASSESSORIA & LOGISTICA LTDA	2,735	1,533	-43.95%
39	39	PINHO SA	577	1,517	162.91%
40	40	HELLMANN WORLDWIDE LOGISTICS	1,524	1,483	-2.69%
41	41	NEW TRAFIC LOGISTICA INTERNACIONAL & TRANSPORTE LTDA	1,421	1,452	2.15%
42	42	FIGWAL TRANSPORTES INTERNACIONAIS LTDA	1,150	1,328	15.48%
43	43	MANUPORT LOGISTICS	1,344	1,325	-1.41%
44	44	ALLINK TRANSPORTES INTERNACIONAIS LTDA	1,158	1,310	13.17%
45	45	WIND LOGISTICS	514	1,283	149.61%
46	46	FIL GROUP TRANSPORTE INTERNACIONAL LTDA	655	1,258	92.06%
47	47	SEA EXPRESS SHIPPING	281	1,247	343.77%
48	48	FCA COMERCIO EXTERIOR & LOGISTICA LTDA	144	1,203	735.42%
49	49	V3 SHIPPING DO BRASIL LTDA	1,009	1,195	18.43%
50	50	MSL CORPORATE	733	1,178	60.70%
51		OTHERS	94,814	98,226	3.60%
52		TOTAL	254,251	281,950	10.89%

Source: DataLiner

Plate

OTI (NVO) Rankings | DataLiner Plate| Jan/Feb 2021 v Jan/Feb 2020 | TEU | Exports

Rank	Company	Jan-Feb \| 2020	Jan-Feb \| 2021	% Change
1	1	KUEHNE & NAGEL	1,259	1,617	28.44%
2	2	CENTRAL CARGO SAS	0	820	100.00%
3	3	ITL CARGO	720	725	0.69%
4	4	BLU LOGISTICS	452	658	45.58%
5	5	BDP	661	619	-6.35%
6	6	DHL GLOBAL FORWARDING	359	569	58.50%
7	7	MERCATOR TRANSPORT ARGENTINA SA	241	562	133.20%
8	8	TRANSCARGO	338	489	44.67%
9	9	JF HILLEBRAND GROUP	694	470	-32.30%
10	10	RUCA LOGISTICS SA	277	439	58.48%
11	11	KEEMO SA	204	416	103.92%
12	12	JAUSER CARGO	31	385	1141.94%
13	13	INTERMODAL TANK TRANSPORT LOGISTICS	215	377	75.35%
14	14	TERRAMAR LOGISTICA SRL	139	367	164.03%
15	15	MGP LOGISTICS	691	344	-50.29%
16	16	DB SCHENKER	603	328	-45.61%
17	17	SEABIRD ARGENTINA SA	243	327	34.36%
18	18	AMERICANA SHIPPING GROUP	458	290	-36.68%
19	19	AGROLOG SA	269	282	4.65%
20	20	PLUSCARGO GROUP	356	280	-21.21%
21	21	OUTLAND LOGISTCS	146	268	83.56%
22	22	ALMAR INTERNATIONAL	455	259	-43.08%
23	23	GEFCO LOGISTICS	312	257	-17.63%
24	24	SUFLENORSA TRANSITARIOS SL	350	253	-27.71%
25	25	JAS FORWARDING WORLDWIDE	185	242	30.54%
26	26	SEASIDE LOGISTICS SA	228	241	5.70%
27	27	954 LINCOLN SA	96	233	142.19%
28	28	RALESUR SA	264	222	-16.10%
29	29	TIBA GROUP	595	219	-63.19%
30	30	PANALPINA	367	205	-44.14%
31	31	AUSTRAL BOND SRL	112	205	82.59%
32	32	GIORGIO GORI	151	204	35.10%
33	33	SOUTHCROSS LOGISTICS	233	199	-14.81%
34	34	MERCOMAR SA	199	198	-0.50%
35	35	ALTERCARGO SRL	636	193	-69.65%
36	36	SERVICIOS MERCANTILES INTERNACIONALES SRL	0	192	100.00%
37	37	INTER AMERICAN CARGO GROUP	216	191	-11.57%
38	38	HELLMANN WORLDWIDE LOGISTICS	424	191	-55.07%
39	39	LOGINET SA	76	180	136.98%
40	40	MSL CORPORATE	160	176	10.25%
41	41	VINPAC CONTAINER LINE	247	176	-28.74%
42	42	BK LOGISTICA & SERVICIOS ADUANEROS SRL	36	174	383.33%
43	43	MERCOLINE SRL	142	158	11.27%
44	44	BOLLORE LOGISTICS	59	155	162.71%
45	45	CODE LOGISTICS SA	256	154	-39.84%
46	46	TRADE & LOGISTIC CO ARGENTINA SA	46	150	226.09%
47	47	LATCOMEX SA	121	147	21.49%
48	48	PORTLAND LOGISTIC SRL	34	145	326.47%
49	49	DHD SA	108	145	34.26%
50	50	PROJECT CARGO SA	187	143	-23.53%
51		OTHERS	10,147	7,908	-22.06%
52		TOTAL	24,797	24,143	-2.64%

Source: DataLiner

OTI (NVO) Rankings | DataLiner Plate| Jan/Feb 2021 v Jan/Feb 2020 | TEU | Imports

Rank	Company	Jan-Feb \| 2020	Jan-Feb \| 2021	% Change
1	1	LOCKSLEY SRL	2,880	3,872	34.44%
2	2	PLUSCARGO GROUP	3,033	3,136	3.39%
3	3	KUEHNE & NAGEL	4,738	2,840	-40.05%
4	4	CRAFT MULTIMODAL	2,806	2,311	-17.65%
5	5	LINER SHIPPING SERVICES SA	1,757	2,158	22.85%
6	6	DHL GLOBAL FORWARDING	1,877	1,639	-12.68%
7	7	YUSEN LOGISTICS	1,663	1,569	-5.65%
8	8	NAVICON URUGUAY SA	633	1,458	130.28%
9	9	HELLMANN WORLDWIDE LOGISTICS	966	1,453	50.42%
10	10	INTERLOG SA	1,122	1,394	24.24%
11	11	DB SCHENKER	1,542	1,381	-10.44%
12	12	NAVICON INTERNATIONAL TRANSPORT	661	1,352	104.46%
13	13	MSL CORPORATE	1,136	1,282	12.87%
14	14	ALMAR INTERNATIONAL	1,083	1,222	12.83%
15	15	PANALPINA	1,507	1,114	-26.11%
16	16	TRANSCARGO	1,018	1,081	6.23%
17	17	HB LOGISTICA SRL	1,548	1,051	-32.07%
18	18	CONTROL INFORMATICO DE CARGAS SA	595	915	53.78%
19	19	BLU LOGISTICS	654	893	36.54%
20	20	GEFCO LOGISTICS	636	860	35.22%
21	21	OUTLAND LOGISTCS	235	746	217.23%
22	22	BDP	787	728	-7.50%
23	23	JAS FORWARDING DE ARGENTINA SA	494	680	37.65%
24	24	GEODIS WILSON	1,324	664	-49.85%
25	25	OVERSEAS	358	634	76.96%
26	26	VINPAC CONTAINER LINE	332	575	73.27%
27	27	ROHLIG ARGENTINA SRL	456	550	20.61%
28	28	JAUSER CARGO	489	542	10.74%
29	29	CIFOB CARGO LTDA	149	532	257.05%
30	30	SACO SHIPPING	447	521	16.52%
31	31	TITO GLOBAL TRADE SERVICES	555	463	-16.58%
32	32	NIP CARGO SRL	525	456	-13.14%
33	33	DSV TRANSPORT & LOGISTICS CO	358	452	26.13%
34	34	EXPEDITORS INTERNATIONAL	590	445	-24.53%
35	35	CEVA DE ARGENTINA SRL	0	426	100.00%
36	36	MAERSK GROUP	0	423	100.00%
37	37	CH ROBINSON WORLDWIDE ARGENTINA SA	224	410	83.04%
38	38	SEASIDE LOGISTIC SA	220	408	85.45%
39	39	ORGANIZACION DE SERVICIOS ADUANEROS SA	350	408	16.43%
40	40	SEASIDE LOGISTICS SA	450	386	-14.11%
41	41	EAFF SA	325	375	15.38%
42	42	ALFA TRADING	901	365	-59.49%
43	43	REPREMAR LOGISTICS	569	359	-36.91%
44	44	FRACHT LOGISTICS	191	348	82.20%
45	45	PARAMAR SA	200	341	70.50%
46	46	ECU WORLDWIDE LOGISTICS	263	336	27.76%
47	47	TRANSPORTES UNIVERSALES	1,004	319	-68.23%
48	48	SAVINO DEL BENE	703	319	-54.69%
49	49	CARGO SA	213	312	46.48%
50	50	ALL IN SHIPPING	286	296	3.67%
51		OTHERS	22,456	22,670	0.95%
52		TOTAL	67,310	69,469	3.21%

Source: DataLiner

Shares in DSV rose 8.3% by 0844 GMT to hit a record high.

“This is very positive news and exactly what has been at the top of investors’ wish list,” said Mikkel Emil Jensen, analyst at Sydbank.

“And it’s exactly what DSV want more of, and where they are strongest in terms of earnings, so there is an opportunity to create really good synergies,” he added.

Agility’s logistics unit has around 17,000 employees and had revenue of $4 billion last year.

DSV’s Chief Financial Officer Jens Lund told Reuters in an interview that the unit is “an excellent match” and that he expects to lift profitability at the Agility unit from a current operating margin of 3.5-4% to DSV’s margin of around 10%. He declined to elaborate on how much synergy the acquisition will create.

“This will give us good exposure in Asia-Pacific and the Middle East,” Lund said.

The acquisition will increase DSV’s freight volumes by around a quarter and give it an extra 5% in global market share, according to Lund.

“This industry is still very fragmented,” he said.

DSV has a strategy of growing via acquisitions and less than two years ago bought Swiss logistics group Panalpina for around $6 billion.

Under the Agility deal, DSV Panalpina will transfer 19.3 million new shares worth 1 Danish crown each to Agility, representing around 8% of its shares, making the Kuwait company the second largest shareholder in DSV.

DSV expects the Agility unit to be fully integrated around a year after the transaction closes in the third quarter.

DSV Panalpina also reported first-quarter operating profit above expectations on Tuesday and raised its expectations for full-year profit.

Its operating profit before special items stood at 3.07 billion crowns (approximately US$ 500 million), topping the 2.70 billion expected by analysts for the January-March quarter in a poll gathered by the company.

Jun, 16, 2021 0
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DSV Panalpina buys Agility unit for US$4 billion to become No. 3 freight forwarder

Argentina certifies over 11,000 tons of fruit and vegetables for export

Egypt sets new record for citrus exports to Brazil

Paraguayan Exports Reach Nearly US$ 15 Billion in November

Argentina: 2023-2024 Wheat Season Over with 7.65 Million Tonnes Exported

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