The logistics market is a trillion-dollar industry that market researchers project will expand to reach $15.5 trillion by 2023. Here are the top 10 logistics companies in the world.
United Parcel Service is a U.S.-based company, the largest logistics provider whose services span the globe. UPS handles supply chain logistics (mostly in package delivery). Its services include transportation (freight trucking), international shipping and distribution.
The company is worth over $22 billion, operates in 220 countries and employs an estimated 450,000 people.
FedEx Corporation is a major logistics company headquartered in Memphis Tennessee. The $18.1 billion U.S multinational provides transportation, shipping, and package tracking services. Its customers range from global e-commerce platforms to small retail businesses across the globe.
DHL is a leading logistics company that offers its services to customers worldwide. The company, worth over $10.8 billion in 2018, provides a suite of top range services. Companies use DHL for international parcel delivery, transportation (rail, road, air, and ocean), and general courier services among other services.
- H. Robinson Worldwide, Inc.
C.H. Robinson Worldwide, Inc. (CHRW) offers third-party logistics services to a wide customer base across the globe. It is one of the largest carriers in the world and specializes in handling freight transport for food and beverage companies. The company had revenue of $14.87 in 2018.
- B. Hunt Transport Services
J.B. Hunt is a U.S.-based logistics company that provides delivery and freight transportation services across the Americas region. This Fortune 500 company is worth over $4 billion and offers a host of supply chain solutions to its customers in Mexico, the U.S., and Canada.
Nippon Express is a Japan-based logistics company that offers solutions in procurement and distribution logistics. Its services are spread across Asia, the U.S., Europe, and Africa. Nippon employs close to 40,000 people.
XPO Logistics, Inc.
XPO Logistics, Inc. is a Connecticut, U.S.A based company that provides transport and logistics services. Its operations span the U.S., Canada, Europe, and Asia. The company has one of the largest trucking services thanks to its acquisition of Con-way Services. XPO Logistics has operations in over 30 countries and employs over 100,000 people. The company’s revenue for 2018 was $17.28 billion.
Ceva Holdings LLC
CEVA Logistics is a global provider of supply chain logistics solutions to a growing list of customers worldwide. The company also offers freight management, contract logistics, and asset management. The Switzerland based company had revenues of $7 billion in 2018.
Expeditors International of Washington
Expeditors International is a U.S.-based logistics company that specializes in freight handling. Expeditors International employs over 17,000 people worldwide and had revenue of $8.1 billion in 2018.
Kenco Logistic provides integrated logistics services to customers across the U.S. and North America. This third party logistics provider offers transportation, warehousing and distribution services to thousands of customers.