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The Power 25 list was compiled with the help of Armstrong & Associates, Inc., a U.S.-based supply chain consulting firm, which ranked the top 25 largest forwarders based on their 2015 air tonnage. Revenue information and tonnage figures for 2015 are either reported by the companies or estimated by Armstrong & Associates. Revenues have also been converted into U.S. dollars, based on the average exchange rate in order to make non-currency- related growth comparisons.