[Ranking] TOP 25 Logistics Companies Q3/2023
Intro
The logistics industry plays a vital role in the worldwide economy, serving as the backbone of global trade and commerce. Without the efficient movement of goods and services, businesses would struggle to meet customer demands and economies would suffer.
The influence of the logistics industry reaches far beyond its immediate operations. It has a ripple effect across diverse sectors, impacting everything from manufacturing and retail to healthcare and e-commerce. Efficient logistics operations enable businesses to streamline their supply chains, reduce costs, and improve customer satisfaction.
With the increasing globalization of trade and the rise of e-commerce, the logistics industry has experienced significant growth in recent years. According to market research, the global logistics market is projected to reach a value of $12.68 trillion by 2023, reflecting its upward trajectory and economic magnitude.
There are several trends and breakthroughs currently shaping the logistics industry. The adoption of advanced technologies such as artificial intelligence, blockchain, and Internet of Things (IoT) has revolutionized supply chain management, enabling real-time tracking, predictive analytics, and improved transparency. However, the industry also faces challenges such as rising fuel costs, environmental concerns, and the need for skilled labor.
The landscape of the logistics industry is constantly evolving, driven by technological advancements, changing consumer expectations, and global events such as the COVID-19 pandemic. To navigate this dynamic industry, it is essential to understand the leading companies that are driving innovation and setting new standards for logistics excellence.
Ranking
#25 Expeditors International Of Washington, Inc.
Employees: 17K
Revenue: 3.7B$
Website: https://www.expeditors.com
Description: Expeditors International Of Washington, Inc. is a leading logistics company headquartered in Seattle, United States. Since its founding in 1979, the company has been providing efficient and reliable logistics solutions to clients worldwide. With a workforce of approximately 17,000 employees, Expeditors International operates in the logistics industry, offering a wide range of services including air and ocean freight forwarding, customs brokerage, warehousing, and distribution. The company utilizes advanced technology and a global network of offices and agents to ensure seamless transportation and supply chain management for its customers. Expeditors International has established itself as a trusted partner in the logistics industry, consistently delivering innovative solutions and exceptional customer service.
#24 Yusen Logistics Co., Ltd.
Employees: 24K
Revenue: 3.8B$
Website: https://www.yusen-logistics.com/
Description: Yusen Logistics Co., Ltd. is a prominent player in the logistics industry based in Tokyo, Japan. With its headquarters in Asia, the company has established itself as a leading provider of integrated transportation and logistics services. Since its founding in 1955, Yusen Logistics has grown to employ approximately 24,000 individuals globally, making it one of the major employers in the industry. The company's extensive workforce enables it to offer a wide range of services, including air and ocean freight forwarding, contract logistics, and supply chain management. With a revenue of 3.8 billion dollars, Yusen Logistics continues to expand its operations and maintain its position as a key player in the logistics sector.
#23 Old Dominion Freight Line, Inc.
Employees: 23K
Revenue: 4.1B$
Website: https://www.odfl.com
Description: Old Dominion Freight Line, Inc. is a leading logistics company based in Thomasville, United States. Since its founding in 1934, the company has grown to become a major player in the industry. With a workforce of approximately 23,000 employees, Old Dominion Freight Line operates a comprehensive range of transportation and logistics services. The company's services include less-than-truckload (LTL) transportation, truckload brokerage, supply chain consulting, and warehousing. Old Dominion Freight Line is known for its commitment to customer satisfaction, reliability, and innovation. The company has achieved significant revenue growth, with annual revenues reaching 4.1 billion dollars. Through its extensive network of service centers and strategic partnerships, Old Dominion Freight Line continues to provide efficient and cost-effective logistics solutions to its customers.
#22 Panalpina Group
Employees: 14K
Revenue: 4.6B$
Website: https://www.panalpina.com/
Description: Panalpina Group is a leading logistics company headquartered in Basel, Switzerland. With a history dating back to 1935, the company has established itself as a key player in the industry. Panalpina operates globally, providing a wide range of logistics services including freight forwarding, supply chain management, and customs brokerage. The company's extensive network and expertise enable it to offer tailored solutions to meet the unique needs of its clients. With over 14,000 employees, Panalpina has a strong workforce dedicated to delivering exceptional service and value to its customers. In 2019, the company generated revenue of 4.6 billion US dollars, solidifying its position as a major player in the logistics industry.
#21 Knight-Swift Transportation Holdings Inc.
Employees: 25K
Revenue: 5B$
Website: https://www.knight-swift.com
Description: Knight-Swift Transportation Holdings Inc., headquartered in Phoenix, United States, is a leading company in the logistics industry. With a workforce of approximately 25,000 employees, the company provides a range of transportation and supply chain solutions to customers across North America. Knight-Swift offers truckload services, including dry van, temperature-controlled, and dedicated services, as well as intermodal and brokerage services. The company's extensive network allows for efficient and reliable transportation of goods, ensuring timely delivery and customer satisfaction. Knight-Swift has achieved significant success since its establishment in 2017 and continues to play a crucial role in the logistics industry with its commitment to excellence and innovation.
#20 Agility Logistics
Employees: 26K
Revenue: 5.6B$
Website: https://www.agility.com/
Description: Agility Logistics is a leading global provider of integrated supply chain solutions, with a strong presence in the logistics industry. Headquartered in Dubai, United Arab Emirates, Agility operates across Asia and serves clients worldwide. The company was founded in 1979 and has grown to employ approximately 26,000 professionals. With a revenue of 5.6 billion dollars, Agility offers a wide range of services including air, ocean, and road freight forwarding, contract logistics, and specialized logistics solutions. Their comprehensive offerings and extensive network enable them to deliver efficient and reliable logistics solutions to their customers, helping them optimize their supply chains and achieve their business goals.
#19 Sinotrans Limited
Employees: 120K
Revenue: 5.7B$
Website: https://www.sinotrans.com/
Description: Sinotrans Limited, headquartered in Beijing, China, is a leading logistics company operating in the Asia region. Founded in 1950, Sinotrans has established itself as a prominent player in the industry with a workforce of approximately 120,000 employees. The company offers a wide range of logistics services including freight forwarding, warehousing, transportation, and supply chain management. With its extensive network and expertise, Sinotrans serves various sectors such as automotive, retail, e-commerce, and manufacturing. In 2019, the company generated a revenue of 5.7 billion USD, solidifying its position as a major player in the logistics industry.
#18 DACHSER SE
Employees: 31K
Revenue: 6.2B$
Website: https://www.dachser.com
Description: DACHSER SE is a leading logistics company headquartered in Kempten, Germany. With a rich history dating back to 1930, the company has established itself as a key player in the logistics industry. DACHSER offers a wide range of services including air and sea freight, contract logistics, and road transport, enabling seamless supply chain solutions for businesses worldwide. With over 31,000 employees, DACHSER operates a vast network of branches and warehouses across Europe and other parts of the world. The company's commitment to excellence and innovative approach has contributed to its annual revenue of 6.2 billion dollars.
#17 CEVA Logistics
Employees: 74K
Revenue: 8.2B$
Website: https://www.cevalogistics.com/
Description: CEVA Logistics, headquartered in Hoofddorp, Netherlands, is a leading player in the logistics industry in Europe. Founded in 2006, the company has grown to employ approximately 74,000 individuals worldwide. With a revenue of 8.2 billion dollars, CEVA Logistics offers a wide range of logistics services, including transportation, warehousing, and supply chain management. The company serves various industries such as automotive, consumer and retail, healthcare, and technology. CEVA Logistics is known for its global presence and commitment to providing innovative solutions that help businesses optimize their supply chains and improve operational efficiency.
#16 Ceva Logistics
Employees: 78K
Revenue: 8.4B$
Website: https://www.cevalogistics.com
Description: Ceva Logistics is a global logistics company headquartered in Baar, Switzerland. With operations in Europe, Asia, the Americas, and Africa, Ceva Logistics provides a wide range of logistics services including freight management, contract logistics, transportation management, and supply chain solutions. The company was founded in 2007 and has since grown to employ approximately 78,000 people worldwide. Ceva Logistics generates an annual revenue of 8.4 billion US dollars, making it one of the leading players in the logistics industry.
#15 Ryder System, Inc.
Employees: 39K
Revenue: 8.4B$
Website: https://www.ryder.com
Description: Ryder System, Inc. is a leading logistics company headquartered in Miami, United States. Founded in 1933, Ryder operates primarily in North America and offers a wide range of transportation and supply chain management solutions. With approximately 39,000 employees, Ryder provides services such as fleet management, dedicated transportation, rental and leasing of vehicles, and supply chain consulting. The company partners with various industries including automotive, consumer goods, healthcare, and retail. Ryder's commitment to innovation and technology enables it to enhance efficiency and productivity for its customers. With an annual revenue of 8.4 billion dollars, Ryder has established itself as a trusted and reliable partner in the logistics industry.
#14 J.B. Hunt Transport Services, Inc.
Employees: 29K
Revenue: 9.2B$
Website: https://www.jbhunt.com
Description: J.B. Hunt Transport Services, Inc. is a leading logistics company based in Lowell, United States. Founded in 1961, the company has grown to become one of the largest transportation providers in North America. With a workforce of 29,000 employees, J.B. Hunt offers a wide range of transportation and logistics services including truckload, intermodal, dedicated contract services, and final mile delivery. The company's commitment to innovation and technology has enabled it to streamline operations and provide efficient solutions to its customers. J.B. Hunt's revenue for the latest fiscal year stood at 9.2 billion US dollars, solidifying its position as a key player in the logistics industry.
#13 TNT Express
Employees: 80K
Revenue: 10B$
Website: https://www.tnt.com
Description: TNT Express is a logistics company headquartered in Hoofddorp, Netherlands. Founded in 1946, the company operates in the logistics industry, offering a wide range of services including express delivery, freight transportation, and supply chain management. With approximately 80,000 employees worldwide, TNT Express serves customers across Europe and other regions, providing efficient and reliable logistics solutions. The company generates a revenue of 10 billion dollars, making it one of the leading players in the logistics industry. TNT Express continues to expand its operations and enhance its service offerings to meet the evolving needs of its global client base.
#12 XPO Logistics, Inc.
Employees: 100K
Revenue: 10B$
Website: https://www.xpo.com
Description: XPO Logistics, Inc. is a leading provider of supply chain solutions in the logistics industry. Headquartered in Greenwich, CT, United States, the company operates primarily in North America. Founded in 2000, XPO Logistics has grown to become a major player in the industry, with approximately 100,000 employees worldwide. The company offers a wide range of services, including transportation, warehousing, and global forwarding. XPO Logistics serves customers across various sectors, such as e-commerce, retail, healthcare, and automotive. With revenues of 10 billion dollars, XPO Logistics has established itself as a key player in the logistics industry, delivering innovative solutions to meet the evolving needs of its customers.
#11 C.H. Robinson Worldwide, Inc.
Employees: 16K
Revenue: 15.3B$
Website: https://www.chrobinson.com
Description: C.H. Robinson Worldwide, Inc. is a leading third-party logistics (3PL) company based in Eden Prairie, United States. Founded in 1905, the company has grown to become a global provider of transportation and logistics services. With headquarters in North America, C.H. Robinson operates a vast network of offices and agents across the globe. The company offers a wide range of services, including freight transportation, supply chain consulting, and warehouse management. C.H. Robinson is known for its innovative technology solutions that help customers optimize their supply chains and improve efficiency. With over 16,000 employees, the company generates annual revenue of 15.3 billion dollars, making it one of the largest players in the logistics industry.
#10 DB Schenker
Employees: 76K
Revenue: 20B$
Website: https://www.dbschenker.com
Description: DB Schenker, headquartered in Essen, Germany, is a leading logistic company in the industry. With a history dating back to 1872, DB Schenker has established itself as a reliable and innovative provider of integrated logistics services. The company operates in Europe and worldwide, offering a comprehensive range of transportation and logistics solutions to its customers. With a workforce of 76,000 employees, DB Schenker ensures smooth operations and efficient supply chain management for its clients. Generating an impressive revenue of 20 billion dollars, DB Schenker is a key player in the logistics industry, delivering excellence and driving growth in the global market.
#9 Nippon Express Co., Ltd.
Employees: 51K
Revenue: 22B$
Website: https://www.nipponexpress.com/
Description: Nippon Express Co., Ltd. is a logistics company based in Tokyo, Japan. Founded in 1937, the company has grown to become a global leader in the logistics industry. With a workforce of over 51,000 employees, Nippon Express provides a wide range of logistics solutions, including transportation, warehousing, and freight forwarding. The company operates in various sectors, including automotive, electronics, retail, and healthcare. Nippon Express utilizes advanced technology and innovative strategies to optimize supply chain management and deliver efficient and reliable logistics services to its clients. With a revenue of 22 billion dollars, Nippon Express continues to expand its global presence and maintain its position as a key player in the logistics industry.
#8 Kuehne + Nagel International AG
Employees: 83K
Revenue: 25B$
Website: https://home.kuehne-nagel.com/
Description: Kuehne + Nagel International AG is a logistics company headquartered in Schindellegi, Switzerland. Founded in 1890, the company has grown to become one of the largest players in the logistics industry. With approximately 83,000 employees, Kuehne + Nagel offers a wide range of logistics services, including transportation, warehousing, and supply chain management. The company operates globally, providing solutions for various industries such as automotive, aerospace, pharmaceuticals, and retail. Kuehne + Nagel generates an annual revenue of 25 billion US dollars, making it a key player in the logistics sector.
#7 Maersk A/S
Employees: 80K
Revenue: 39B$
Website: https://www.maersk.com
Description: Maersk A/S, headquartered in Copenhagen, Denmark, is a leading company in the logistics industry. With a rich history dating back to 1904, Maersk has established itself as a global leader in container shipping, logistics, and port operations. The company operates a vast network of container vessels, providing reliable and efficient transportation services worldwide. Maersk's comprehensive logistics solutions enable businesses to optimize their supply chains, streamline operations, and reach new markets. With a workforce of approximately 80,000 employees, Maersk continues to drive innovation and shape the future of the logistics industry. Generating an impressive revenue of 39 billion dollars, Maersk has cemented its position as a key player in the global logistics market.
#6 DHL Global Forwarding
Employees: 100K
Revenue: 45B$
Website: https://www.dhl.com
Description: DHL Global Forwarding is a leading logistics company operating in the transportation and supply chain industry. Headquartered in Bonn, Germany, DHL Global Forwarding offers a wide range of services including air and ocean freight, customs clearance, warehousing, and distribution. With a workforce of approximately 100,000 employees worldwide, the company ensures efficient and reliable transportation of goods across various industries. DHL Global Forwarding has a strong global presence and operates in over 150 countries, providing tailored logistics solutions to meet the unique needs of its diverse customer base. With annual revenue of 45 billion dollars, DHL Global Forwarding is committed to delivering exceptional logistics services and driving innovation in the industry.
#5 DHL Supply Chain
Employees: 550K
Revenue: 60B$
Website: https://www.dhl.com
Description: DHL Supply Chain is a leading logistics company headquartered in Bonn, Germany. With a history dating back to 1969, the company has established itself as a global leader in the logistics industry. DHL Supply Chain operates across Europe and offers a wide range of services including transportation, warehousing, and distribution. With a workforce of approximately 550,000 employees, the company provides efficient and reliable logistics solutions to businesses of all sizes. DHL Supply Chain generates an annual revenue of around 60 billion US dollars, making it one of the largest players in the industry.
#4 Deutsche Post DHL Group
Employees: 550K
Revenue: 63B$
Website: https://www.dpdhl.com/
Description: Deutsche Post DHL Group, headquartered in Bonn, Germany, is a leading logistics company operating in the global market. With a history dating back to 1969, the company has established itself as a key player in the industry. Deutsche Post DHL Group employs approximately 550,000 people worldwide, making it one of the largest employers in the logistics sector. The company's annual revenue amounts to 63 billion US dollars, demonstrating its significant financial presence. Through its comprehensive range of logistics services, including international express delivery, freight transportation, e-commerce solutions, and supply chain management, Deutsche Post DHL Group serves a diverse customer base across various industries. With its strong global network and innovative solutions, the company continues to drive efficiency, sustainability, and growth in the logistics industry.
#3 FedEx Corporation
Employees: 600K
Revenue: 69B$
Website: https://www.fedex.com
Description: FedEx Corporation, headquartered in Memphis, United States, is a leading logistics company operating in the logistics industry. Founded in 1971, the company has grown to become one of the largest global providers of transportation, e-commerce, and business services. With a workforce of approximately 600,000 employees, FedEx offers a wide range of solutions including express delivery, freight forwarding, supply chain management, and e-commerce fulfillment. The company generates an annual revenue of 69 billion dollars, serving customers worldwide with its extensive network and advanced technology solutions. FedEx is committed to providing reliable and innovative logistics services to support the global economy and connect businesses and individuals across the globe.
#2 UPS Supply Chain Solutions
Employees: 528K
Revenue: 79.4B$
Website: https://www.ups.com/us/en/services/supply-chain-solutions.page
Description: UPS Supply Chain Solutions is a leading logistics company based in Atlanta, United States. With its headquarters located in North America, the company operates globally to provide comprehensive supply chain solutions. Founded in 1907, UPS Supply Chain Solutions has grown to become a key player in the logistics industry, offering a wide range of services including transportation, warehousing, distribution, and customs brokerage. With a workforce of 528,000 employees, the company is committed to delivering reliable and efficient logistics solutions to its customers. In 2020, UPS Supply Chain Solutions reported a revenue of 79.4 billion USD, solidifying its position as one of the top players in the industry.
#1 United Parcel Service, Inc.
Employees: 495K
Revenue: 84B$
Website: https://www.ups.com
Description: United Parcel Service, Inc. (UPS) is a global logistics company headquartered in Atlanta, United States. Founded in 1907, UPS operates in the logistics industry, offering a wide range of services including package delivery, freight transportation, and supply chain management. With a workforce of approximately 495,000 employees, UPS has a strong presence in North America and operates in more than 220 countries and territories worldwide. The company's revenue in 2020 was approximately 84 billion US dollars. UPS is known for its extensive delivery network and efficient logistics solutions, catering to both individual and business customers.
Summary
The logistics industry is experiencing significant growth and transformation, with several companies emerging as leaders in the field. These top companies have demonstrated remarkable achievements and are driving innovation and success in the sub-industry of logistics.
One unexpected finding is the growing influence of technology and digital solutions in the logistics sector. Companies are leveraging advanced analytics, artificial intelligence, and automation to optimize supply chain operations and enhance customer experiences.
Among the premier companies in the logistics sub-industry are Amazon, UPS, DHL, FedEx, and Maersk. These companies have established themselves as industry giants and have consistently ranked among the top players in terms of revenue, global reach, and customer satisfaction.
A common factor driving the prosperity of these leading firms is their relentless focus on efficiency and cost-effectiveness. They employ advanced logistics management strategies to streamline operations, reduce delivery times, and minimize costs.
What sets these eminent companies apart from their rivals is their ability to adapt to changing market dynamics and customer demands. They have embraced digital transformation, implemented innovative delivery models, and invested in sustainable practices to stay ahead of the competition.