- May 9, 2023
- by S M Shakil Ahmed
- Marketing
- 0 Comments
With manufacturers producing a greater amount of products than before, it is crucial for them to rely on trustworthy third-party logistics companies for outsourcing. This has become particularly important during the Covid-19 outbreak when there was a surge in demand for medical supplies and other products, and business operations were restricted.
Below, we present a list of the 25 best logistics providers that are currently in operation.
1. UPS Supply Chain Solutions
Country: US || Revenue: US$97.3bn
UPS, which was established in 1907, is a highly recognized logistics corporation. Its delivery services reach over 220 nations, and it has been experimenting with inventive delivery techniques, such as vaccine delivery via drones in the United States.
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2. DHL Logistics
Country: Germany || Revenue: US$87.3bn
DHL, which has been in operation for 50 years, presently conducts business in 220 countries, employing 380,000 individuals globally. At the conclusion of 2021, the company achieved its greatest revenue total ever recorded since its establishment.
3. FedEx Corporation
Country: US || Revenue: US$84bn
FedEx, originally named Federal Express, was founded in 1971 with a focus on providing swift delivery services. In 2021, FedEx was responsible for transporting the initial shipment of vaccines within the United States, using cutting-edge tracking technology.
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4. Maersk
Country: Denmark || Revenue: US$61.8bn
Maersk, a shipping firm based in Denmark, experienced a significant increase of 55% in profits during 2021. This has allowed the company to pursue long-term growth and decarbonization initiatives.
5. Kuehne + Nagel
Country: Switzerland || Revenue: US$34.2bn
Kuehne + Nagel, a German company established in 1890, now has operations in 106 nations and is a significant global provider of seafreight services. In 2021, the company extended its innovative Seaexplorer platform, which aids in identifying potential supply chain disruptions caused by problems such as processing delays and unfavorable weather conditions.
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6. DSV
Country: Denmark || Revenue: US$26bn
DSV was established 40 years ago and currently operates in 75 countries with a workforce of 47,000 individuals. The company manages over 20,000 truck journeys daily to transport goods, as well as over 650,000 tons of air freight annually.
7. DB Schenker Logistics
Country: Germany || Revenue: US$24.55bn
DB Schenker is the logistics arm of the German rail company Deutsche Bahn AG. In recent times, the firm established its own airfreight charter network and broadened its eco-friendly, biofuel-based alternatives. It attained its highest-ever profit figures in 2021.
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8. C.H. Robinson Worldwide
Country: US || Revenue: US$23.1bn
C.H. Robinson has been in operation since 1905 and is now focused on being an environmentally and socially responsible logistics company. It has set ambitious goals to support climate targets, foster diversity and promote innovation.
9. Sinotrans
Country: China || Revenue: US$18.9bn
Sinotrans was established in 1950 and is now one of the largest integrated logistics companies in China, offering a range of services that includes storage and terminal services.
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10. Nippon Express
Country: Japan || Revenue: US$18.80bn
The establishment of Nippon Express dates back to 1932 in Japan. With a presence in over 730 locations, the company is constantly growing, and its latest expansion involves obtaining GDP certification to transport and temporarily store pharmaceutical products in the Middle East.
11. Expeditors International
Country: US || Revenue: US$16.5bn
With a presence in 250 sites across six continents, Expeditors employs an unusual profit model whereby each of its branches operates as a separate profit center, with compensation determined based on the operating income of that specific branch.
12. XPO Logistics
Country: US || Revenue: US$12.8bn
Initially established as Express-1 Expedited Solutions in 1989, XPO was bought by Bradley Solutions in 2011 and started acquiring other logistics enterprises. The corporation currently has around 42,000 workers and operates a global network of 771 sites.
12. J.B. Hunt
Country: US || Revenue: US$12.1bn
Established in 1961 by Johnnie Bryan Hunt and Johnelle Hunt, the firm became the 80th biggest trucking company in the United States by 1983. Presently, it is listed among the top 25 logistics corporations globally and emphasizes the use of energy-saving load optimization software solutions to minimize the distance driven with empty loads.
13. CEVA Logistics
Country: Switzerland || Revenue: US$12bn
The merger of TNT Logistics and EGL in 2007 resulted in the creation of a leading firm in the logistics industry. CEVA Logistics attributes its triumph to customer engagement, as it has maintained an average partnership span of 20 years with its top 30 clients.
14. SNCF Geodis
Country: France || Revenue: US$11.6bn
Following several years of losses, French firm SCNF Geodis has reversed its financial trajectory, with a 6% increase in revenue in 2021 thanks to a “robust recovery” in transportation volumes of steel products, chemicals, and petroleum.
15. Dascher
Country: Germany || Revenue: US$7.5bn
Dascher commenced as a small family-operated enterprise in 1930, and its 2021 earnings of $7.5 billion are primarily a result of transporting 83.7 million consignments to 400 destinations worldwide.
16. Rhenus & Co
Country: Germany || Revenue: US$7.47bn
Rhenus was established in 1912 and presently operates over 600 sites around the world, with a significant presence in Europe, Asia, and South America. In 2015, the company launched Rhenus Pharma Service to centralize its pharmaceutical logistics operations by consolidating existing Rhenus business facilities in Germany.
17. Kintetsu World Express
Country: Japan || Revenue: US$7bn
Kintetsu is the most extensive supply chain firm in Japan, with a workforce of nearly 10,000 personnel. The company offers foreign air and sea transportation of commodities, as well as trucking services for manufacturers.
18. Toll Group
Country: Australia || Revenue: US$6.74bn
Established in 1888 by Albert Toll as a horse-and-cart coal transportation enterprise, this Australian company has developed into a subsidiary of Japan Post Holdings. The company’s current operations comprise of transportation, warehousing, and logistics via road, rail, sea, and air.
19. Samsung SDS Logistics
Country: South Korea || Revenue: US$6.3bn
Samsung SDS was founded in 1985 as a division of the Samsung group and is headquartered in Seoul. The company offers services to a wide range of sectors, including worldwide logistics, retail, intelligent manufacturing, and financial services.
20. NYK Group
Country: Japan || Revenue: US$4.78bn
Established in 1885 as Nippon Yūsen Kabushiki Kaisha, this corporation is famous for the vastness of its shipping fleet, which includes approximately 800 seafaring vessels. In 2021, the company publicized its objective of achieving net-zero carbon emissions for ocean transportation by 2050.
21. Kerry Logistics Network
Country: Hong Kong || Revenue: US$4.7bn
Kerry Logistics Network, which was established in 1981, is among the newest enterprises on this roster. Nonetheless, it has made steady progress and is currently the largest global logistics firm to be publicly listed on the Hong Kong Stock Exchange.
22. Gefco
Country: France || Revenue: US$4.5bn
Gefco is possessed by PSA Peugeot Citroen and handles 400 global routes, transporting in excess of 28 million metric tons of cargo annually.
23. Hub Group
Country: US || Revenue: US$4.2bn
Hub Group, established in Illinois almost five decades ago, has evolved into a thriving transportation management enterprise that operates in the United States, Canada, and Mexico. The company prioritizes complete visibility and immediate information access throughout the transportation process.
24. Agility Logistics
Country: Kuwait || Revenue: US$4bn
Agility has dedicated a significant portion of its resources to catering to the demands of developing economies. At present, the firm holds the position of the largest logistics supplier in the Middle East.
25. Hellman Worldwide Logistics
Country: Germany || Revenue: US$2.67bn
In 1871, Hellman Worldwide Logistics was established as a solo enterprise. Presently, the company functions in 173 nations and employs 20,500 individuals, focusing mainly on ground transportation.
