The top UPS competitors are FedEx, DHL, Purolator, DB Schenker, YRC Worldwide, Mainfreight, USPS and others. United Parcel Service (UPS) is an American courier industry that takes care of package delivery and supply chain management. The company was established during the year 1907 and is headquartered in Georgia, United States.
The various services offered by the company are Courier express services, Freight forwarding services, and Logistics services. Its main business is logistics but the business works with related domains through their subsidiaries.
UPS revenue for the quarter ending June 30, 2023 was $22.055B. UPS net income for the quarter ending June 30, 2023 was $2.081B. UPS gross profit for the quarter ending June 30, 2023 was $17.110B. UPS operating income for the quarter ending June 30, 2023 was $2.780B.
With the help of its subsidiaries, UPS handles end to end supply chain management. The service is reached to most of the corners of the world with their wide distribution network. UPS is a technology-savvy company and the company invests a huge amount per annum on technology.
The top 10 UPS competitors are:
1) FedEx
- Product type: Express delivery, freight transportation, and logistics services
- Industry: Logistics
- Founded date: 1971
- Founders: Frederick W. Smith
- Headquarters: Memphis, Tennessee, United States
- Area served: Worldwide
- Current CEO: Raj Subramaniam
- Revenue: $21.930B(March 31, 2023)
- Market cap: $64.06B (September 12, 2023)
- Number of employees: 529,000(2023)
A top UPS competitor, FedEx is an American multinational courier delivery service company that was formed during the year 1971 and is headquartered in Tennessee, United States. The name ‘FedEx’ is an abbreviation of Federal Express, the company name.
This courier service company is popular for its overnight shipping service and also a system in place to track the packages and to provide instant real-time updates on the same. FedEx has a huge network and is the largest company with respect to manpower and it has about 529,000 employee thereby making a wide distribution network.
FedEx net income for the quarter ending May 31, 2023 was $1.538B. FedEx gross profit for the quarter ending May 31, 2023 was $15.830B. FedEx operating income for the quarter ending May 31, 2023 was $1.503B.
FedEx has its presence in about 220 countries having many stores and warehousing depots. The company carries many packages in one trip that helps to increase its sales. Due to this, it can afford to provide a feasible rate for the service.
Due to their excellent service, FedEx is considered one of the top UPS competitors.
2) DHL
- Product type: Logistics services
- Industry: Logistics
- Founded date: 1969
- Founders: Adrian Dalsey, Larry Hillblom, and Robert Lynn
- Headquarters: Bonn, Germany
- Area served: Worldwide
- Current CEO: Frank Appel
- Revenue: $23,098 (March 31, 2023)
- Market cap: $55.85 Billion (September 2023)
- Number of employees: 590,605 (2022)
An express logistics industry, DHL was established during the year 1969 and is headquartered in Bonn, Germany. The company provides international parcel, courier, and express mail service. It is the largest logistics company that operates worldwide especially in the sea and air mail.
DHL has a huge network of serving about 220 countries thus making it a large international freight career. DHL has reached this great level by having an effective communication and also an excellent in-house consultancy. The operations are well-structured and have a good DHL innovation center where customers and stakeholders can interact and engage with DHL experts.
DHL Group Quarterly Net Income as of March 2023 is $978 million. DHL Group Quarterly Operating Income as of March 2023 is $1,758 million. DHL Group Quarterly Gross Profit as of March 2023 is $11,527 million.
The company has a steady growth in developing countries. It has made a huge investment in these countries and has expanded their services in the emerging markets as well. DHL has a good finance background which makes them grow.
Due to their great service, DHL is considered one of the top UPS competitors.
3) Purolator
- Product type: Courier and logistics services
- Industry: Logistics
- Founded date: December 5, 1960
- Founders: Carl J. Hatcher and Leo J. Lalonde
- Headquarters: Mississauga, Ontario, Canada
- Area served: Canada and United States
- Current CEO: John Ferguson
Also a top UPS competitor, Purolator is a Canadian courier industry that was formed during the year 1960 and is headquartered in Ontario, Canada. It is a leading integrated package, freight, and logistics solution provider. The company has built an extensive logistics and transportation networks and supporting infrastructure.
The company provides excellent customer service that is flexible and responsive. They focus to deliver the best service thereby upholding the standards of quality. Purolator concentrates on providing the right service and solutions to their customers.
The company also provides E-ship Online which is a web-based shipping system. The E-ship server of Purolator enables users to manage their logistics requirements and the E-ship Web Services that enables users to integrate shipping, estimate the pickups, tracking, and also return capabilities directly to their website and online store.
Due to their great service, Purolator is considered one of the top UPS competitors.
4) DB Schenker
- Product type: Logistics services
- Industry: Logistics
- Founded date: 1875
- Founders: Gottfried Schenker
- Headquarters: Essen, Germany
- Area served: Worldwide
- Current CEO: Jochen Thewes
- Revenue: € 10,080 million (June 30, 2023)
- Number of employees: 94,600
Yet another UPS competitor, DB Schenker is a logistic and rail freight industry that is headquartered in Frankfurt, Germany. The company is a division of Deutsche Bahn AG, a German rail operator that has its main focus in logistics.
The main target of the company is to provide a one-stop logistics that covers front and back-end services.DB Schenker is committed to providing innovative supply chain solutions and has about 140 years of experience in logistics. The company also supports industry and trade in the international exchange of goods.
Their success depends on the flow of goods in a systematic way. The business holds a top position in the technology, automotive, consumer goods, special transports, trade fair logistics, and special event logistics which is why it is considered one of the top UPS competitors. The company services about 2000 locations worldwide and has about 94,600 employees working for them.
5) YRC Worldwide
- Product type: Less-than-truckload (LTL) freight shipping
- Industry: Logistics
- Founded date: 1924
- Founders: John A. Jones
- Headquarters: Overland Park, Kansas, United States
- Area served: United States and Canada
- Current CEO: Darren Hawkins
- Market cap: $0.27 Billion (September 2023)
YRC Worldwide is a popular transportation industry that was formed during the year 1929 and is headquartered in Kansas, USA. It is a leading company in this industry. It offers a complete network in North America and also shipping of commercial, industrial, and retail goods.
YRC Worldwide has a strong portfolio that has been built over the years. This is extremely useful for expanding into new categories of product. The company has a strong dealer community that helps in promoting company’s products and also to invest in training of the sales team.
Full year net income for 2022 was $21.8 million. Operating revenue for full year 2022 was $5.245 billion.
The company is successful in the execution of new projects and it generates good returns on the capital expenditure. Hence, it has strong free cash flows that provide resources in hands of the company. The company has a highly skilled workforce and provides excellent customer service.
Due to their great service, YRC Worldwide is considered one of the top UPS competitors.
6) Mainfreight
- Product type: Logistics and transport
- Industry: Logistics
- Founded date: March 6, 1978
- Founder: Bruce G. Plested
- Headquarters: Auckland, New Zealand
- Area served: Australia, Asia, Europe, New Zealand, and the Americas
- Current CEO: Don Braid
- Revenue: $5.22 billion (2022)
- Number of employees: 10,393 (2022)
Mainfreight is a logistics company that was formed during the year 1978 and is headquartered in Auckland, New Zealand. The various services offered by the company are transport, logistics, freight forwarding, and supply chain management.
Mainfreight provides international, managed warehousing, and domestic freight forwarding. It has a huge team and its business operations span across China, Australia, Europe, United States, and New Zealand.
Mainfreight has 305 branches as of 2022. Net profit of Mainfreight in 2022 was $355.4 million.
The company became global during the year 1999 with the acquisition of businesses in both the United States and Asia. At present, it has set up its business in various places. During the year 2011, the company acquired the Wim Bosman group business which led to the further opportunity to expand the company to the international network.
Due to their steady growth in the performance of the company, Mainfreightis considered one of the top UPS competitors.
7) USPS
- Product type: Postal service
- Industry: Government
- Founded date: July 1, 1775
- Founders: United States Congress
- Headquarters: Washington, D.C., United States
- Area served: United States
- Current CEO: Louis DeJoy
- Revenue: $18.6 billion (March 2023)
- Number of employees: 626,181
United States Postal Service (USPS) is an independent agency of the federal government that is responsible for postal service in the United States. It is a self-supporting and independent federal agency and it delivers to every address in the nation. It delivers to about 155 million residences, post boxes, and businesses.
USPS receives no tax dollars for the operating expenses and it relies on the sale of products, postage, and services to fund its various operations. The company has about 31,132 Postal Service-managed retail offices in the United States, and including contract offices, there are 33,641 offices and has annual revenue of about $18.6 billion. It delivers about 47% of the mails in the world.
Over the years, USPS has established a set of goals to deliver high-quality services in the postal department. It also provides excellent customer service. It has placed the use of technology in place and it is at the center of its business strategies.
Due to their high-quality service, USPS is considered one of the top UPS competitors.
8) Royal Mail
- Product type: Postal service
- Industry: Government-owned corporation
- Founded date: 1516
- Founder: Henry VIII
- Headquarters: London, England, UK
- Area served: United Kingdom
- Current CEO: Simon Thompson
- Revenue: $17,362 (2022)
- Market cap: $3.03B (September 12, 2023)
- Number of employees: 179,049 (2022)
Also a top UPS competitor, Royal Mail is a popular postal service and courier company that was established during the year 1516 and is headquartered in London, United Kingdom. The company operates the services like letter post, EMS, parcel service, freight forwarding, and third-party logistics.
Royal Mail offers a collection of emails and delivery services across the United Kingdom. Letters are placed in a wall box or pillar and then taken to a post office. They are then collected in bulk from businesses. The delivery of services is done every day aside Sundays and bank holidays.
Royal Mail Annual Net Income in 2022 is $836 million. Royal Mail Plc Annual Gross Profit in 2022 is $798 million. Royal Mail Plc Annual Operating Income in 2022 is $788 million.
Royal Mail is a highly respected brand and has many consumer bases. It has diversified product offerings to meet the demands of the customers. The company has about 179,049 employees working for them to meet the rising demands of courier service.
Due to their great service and being in the industry for a long time, Royal Mail is considered one of the top UPS competitors.
10) C H Robinson
- Product type: Third-party logistics (3PL)
- Industry: Logistics
- Founded date: 1905
- Founder: Chester H. Robinson
- Headquarters: Eden Prairie, Minnesota, United States
- Area served: Worldwide
- Current CEO: Dave Bozeman
- Revenue: $4.422B (June 30, 2023)
- Market cap: $11.02B (August 31, 2023)
- Number of employees: 17,399 (2022)
C H Robinson is a transportation and logistics company that was formed during the year 1905 and is headquartered in Minnesota, United States. It is a global provider of multimodal transport services. The company provides services like transportation management, freight transportation, warehousing, brokerage, truckload, air freight, and ocean transportation.
They provide freight transportation and logistics, outsource solutions, produce sourcing, and information services to 100,000 customers through a network of offices in North America, South America, Europe, Asia, and Oceania. They utilized 96,000 transportation providers worldwide in 2022, including contract motor carriers, railroads, air freight carriers, and ocean carriers. C.H. Robinson has approximately 280 offices worldwide.
C.H Robinson Worldwide net income for the quarter ending June 30, 2023 was $0.097B. C.H Robinson Worldwide gross profit for the quarter ending June 30, 2023 was $0.665B.
The company offers innovative solutions and a flexible supply chain that can stay competitive even in case of market shifts. The company targets to improve the supply chain to increase customer expectations.
Due to their excellent brand value and service to customers, CH Robinson is considered one of the top UPS competitors.
Conclusion
Courier companies are distinguished by various features like speed, tracking the parcel, taking the proof of delivery, and many more. It is a guaranteed prompt and timely service. UPS tries its best to deliver the best service to their customers.
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