2020 U.S.-Booked Air Volume: $15 million
Consolidated Global TMC: CWT
BTN estimates that conglomerate Koch Industries, one of the largest private companies in the U.S., spent $15 million on U.S. booked air in 2020, less than a quarter of what it spent in 2019.
Despite the global challenges related to Covid-19, chairman and CEO Charles Koch earlier this year said 2020 was “the company’s third-best year ever” due to some of the business situations related to the pandemic. More home deliveries and the heavy demand of toilet paper at the beginning of the pandemic benefited Koch’s Georgia-Pacific business, for example. Koch also closed its nearly $13 billion acquisition of enterprise software company Infor last year.
Koch reports 122,000 employees across 70 countries, including 62,000 U.S. employees.