As it began in a simpler form in antiquity and is still utilised today, logistics and distribution are complicated and sophisticated methods today. Additionally, looking for innovative technology to speed up and simplify procedures The revenue of the companies changes as they expand.
We ranked the top ten logistics firms in the world today according to revenue for your benefit.
➛UPS
The United States-based UPS is a parcel delivery service that has been in business for more than a century. In addition to other fields, UPS operates in shipping, air freight, trucking, last-mile distribution, and drone delivery. The business got its start in 1907 as a modest messenger service in Seattle with $100.
In addition, UPS runs distribution and warehouse facilities totaling more than 35 million square feet in more than 1,000 locations throughout 120 different nations, covering over 220 countries and territories.
Revenue: $74.969 billion
Headquarters: Atlanta, Georgia, USA
➛Deutsche Post: DHL Group
DHL is a German business that was established in America. DHL Air Cargo started operating in 1969, and by the late 1970s, the company had expanded to offer services globally. In order to expand the DHL brand to additional services, Deutsche Post started purchasing the company's stock in 1998 and finished the acquisition of DHL in 2002.
Deutsche Post was established following the privatisation of Germany's national mail service in 1995. 430 warehouses totaling 11 million square metres are currently run by DHL.
Revenue: €63.3 billion
Headquarters: Bonn, Germany
➛FedEx Corporation
FedEx, formerly known as Federal Express, is a global freight company based in the United States that was established in 1971 as a system for expedited deliveries. FedEx is the world's largest cargo carrier in terms of scheduled freight tonne kilometers (FTK) and the fourth largest in terms of fleet size.
FedEx set out to become a full-service freight provider and a major logistics competitor. FedEx is now a global leader, with operations in more than 220 countries and more than 3 thousand square meter of warehouse space under its control.
Revenue: $69.217 billion
Headquarters: Memphis, Tennessee, USA
➛Kuehne + Nagel Inc.
Kuehne + Nagel Inc. began as a forwarding commission agency for cotton and other combined freight in Bremen, Germany, in 1890. It evolved into a Swiss holding company with interests in sea freight, air freight, contract logistics, and overland transportation in the latter half of the twentieth century, with an emphasis on IT-based logistics solutions.
Today, the organization maintains over 75 million square feet of storage and distribution space in over 65 countries, including 14 million square feet in the United States.
Revenue: $21.054 billion
Headquarters: Schindellegi, Switzerland
➛Nippon Express
Nippon Express is a Japanese logistics company also known as "Nittsu" in Japan. When Kokusai Tsu-un KK, six other competitors, and a number of other small-scale logistics companies in Japan united in 1937, it was created. It received extra assistance from the Japanese government, which gave it semi-governmental status.
The company has operations in more than 40 nations and is an expert in integrating several modes of transportation into logistical solutions. With more than 2.5 million square metres of warehouse space in Japan and another 2 million square metres abroad, Nippon Express runs a robust network of 744 branches in 48 countries and territories.
Revenue: $19.9 billion
Headquarters: Tokyo, Japan
➛DB Schenker Logistics
DB Schenker is the logistics division of Deutsche Bahn AG, a German rail group. In 2000, Deutsche Bahn realized it was losing some of its biggest customers to foreign warehousing rivals, which led to the acquisition of Schenker-Stinnes in 2002.
DB Schenker also manages the diverse supply chains of global corporations such as Apple, P&G, Dell, BMW, and Ford, with divisions dedicated to ground transport, ocean freight, air freight, contract logistics, and supply chain management. The company's global network spans more than 794 sites in 60 countries and operates more than 9 million square meter of warehouse space.
Revenue: $19.42 billion
Headquarters: Essen, Germany
➛XPO Logistics
PO Logistics is a global shipping and contract logistics services organization with over 1,530 sites in over 30 countries. It is responsible for the supply chains of 69 percent of Fortune 100 firms. In 1989, XPO Logistics was established as Express-1 Expedited Solutions.
After being sold to businessman Bradley S. Jacobs in 2011, it changed its name to XPO Logistics. Freight brokerage, intermodal and drayage, last-mile distribution, and global forwarding are all areas where XPO operates. XPO Logistics is the world's second-largest contract logistics provider, with over 19 million square meter of warehouse space under management.
Revenue: $16.392 billion
Headquarters: Greenwich, Connecticut, USA
➛DSV Panalpina
DSV Panalpina, founded in 1976, is a Danish logistics company that provides services in road, rail, sea, and air transportation. DSV was established in 1976 when nine separate haulers merged to form DSV. Its most recent acquisition is Panalpina Welttransport AG, which it purchased in 2019, combining the Panalpina brand.
DSV Panalpina is one of the world's five largest third-party logistics firms, with about 60,000 workers spread across 90 countries. DSV Panalpina's power comes from its trucking network in Europe, North America, and South Africa.
Revenue: $14.2 billion
Headquarters: Hedehusene, Denmark
➛Nippon Yusen (NYK)
Japanese shipping firm Nippon Yusen is a subsidiary of Mitsubishi Corporation. The history of the business dates back to 1870. To provide passenger transportation between Yokohama and Shanghai, Tsukumo Shokai Shipping was established.
In addition to shipping, the company now offers full-service logistics solutions. One of the biggest shipping companies in the world, the corporation owns and manages around 800 ships.
Revenue: $16.5 billion
Headquarters: Tokyo, Japan
➛CJ Logistics
The logistics company CJ Logistics is based in Seoul, South Korea. During the Japanese colonial era in Korea, Chosun Rice Warehousing Co., Ltd. was founded in 1930 with just one warehouse. After a number of mergers and acquisitions, the company's original name was changed to Korea Express, and it now goes by its current moniker.
The primary businesses of CJ Logistics nowadays include contract logistics, freight forwarding, port logistics, courier, and international transportation services. In 2012, CJ Logistics was bought and the logistics division was merged into CJ GLS.
Revenue: KRW 16,155 billion/ $13.42 billion (2019)
Headquarters: Seoul, South Korea
