Top 10 Airfreight Forwarders – 2020 vs. 2019

Top 10 Airfreight Forwarders - 2020 vs. 2019 Featured Image


With the aim to provide insights into what has changed in the airfreight forwarders industry in the year 2020 as compared to the pre-pandemic time, we have compared the metric tons of air cargo compiled by Transport Topics News, at the end of  2019 respectively at the end of 2020.

The list is dominated by European companies; the new entry to the top 10 of airfreight forwarders in 2020 being Hellmann Worldwide Logistics, a German company.

Volumes transported decreased in 2020, as compared to those in 2019. For the Top 10 players, the decrease was at close to half a million metric tons.

The top three airfreight forwarders, DHL, Kuehne + Nagel, and DB Shenker have kept their ranking. The most significant jump in ranking is seen for DSV, from top 8 to top 4, as a result of Panalpina acquisition. However, the combined airfreight volume for DSV and Panalpina in 2019 was 0.65 M metric tons higher than the volume transported in 2020. 

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Chief Executive Officer, Greensill​

Lex is the co-founder and CEO of Greensill, and a Senior Advisor and Crown Representative to Her Majesty’s Government on Supply Chain Finance. He was awarded the CBE for Services to the British Economy in Queen Elizabeth II’s 2017 Birthday Honours.

Lex previously established the global SCF business at Morgan Stanley, and led the EMEA SCF business at Citi.

Lex holds an MBA from Manchester Business School, and is a Solicitor of the Supreme Courts of England and Wales, and Queensland.