The Best Logistics Companies for 2023

Logistics companies are considered the backbone of both domestic and international trade as they help with three important facets storing, delivering and transporting goods from one place to another by either water, land or air.

The global logistics market size and global contract logistics market size are estimated at 5.5+ trillion EUR and 213.85 billion EUR respectively. In the aftermath of the pandemic, the industry is on a boom as more and more people are relying on a trustworthy logistics company to deliver the packages safely to their doorstep.

What is a Logistics Company

A Logistics Company refers to a firm that handles all or some of the supply chain functions to fulfil the logistical needs of C2C, B2C or B2B supply chain networks

Logistics Companies are responsible for controlling and planning both the storage and the movement of goods and services and offering supply chain solutions from the point of origin to the point where the goods are sold to the consumers.

Best Logistics Companies for 2023

1. ShipBob

• Origin Country: USA
• Founder: Dhruv Saxena, Divey Gulati
• Founded: 2014
• Headquarters: Chicago, USA
• Employees: 1,200+
• Total Funding: $441 million USD
• E-commerce Businesses: 6,000+
• Revenue: $44.1 million (2023)

ShipBob is a third-party logistics provider with a global distribution network spread across Europe, Canada and America. The technology-driven company uses high-end proprietary fulfilment software to fulfil the needs of its clients. The company’s Developer API has proved a blessing for D2C e-commerce sites in delivering the best customer experience and gaining an upper hand over their competitors. They offer a global omni fulfillment solution that empowers businesses to offer 2-day shipping and manage inventory, orders, and shipments.

ShipBob is one of the topmost logistics companies in the global arena whose end-to-end logistics solutions include eCommerce integrations, inventory management, order fulfilment, order management, warehousing, distributed inventory, cost-effective shipping rates, analytics and reporting, returns management and same-day shipping. ShipBob has fulfillment centers in the US, Europe, Australia, and Canada, which allows them to fulfill global orders from these locations. They also offer DDP (Delivered Duty Paid) shipping capabilities to improve cross-border transparency and eliminate surprises at checkout.

2. Flexport

• Origin Country: United States of America
• Founder: Ryan Petersen
• Founded: 2013
• Headquarters: San Francisco, US
• Employees: 3000
• Revenue: $5 billion (2022)
• Total Funding: 2.2 billion USD

Flexport is a digital customs brokerage and freight forwarding company that boasts of total control, visibility and transparency in the supply chain. It provides a unique “squad model” to its customers where they have their data, customs and operations experts for a seamless supply chain movement.

The company has logistics partners in more than 80 countries, allowing companies of any size to transport goods to and from more places with greater ease and agility. Flexport’s mission is to make global trade easy for everyone. By connecting everyone in the global economy, the company aims to unlock commerce, creativity, and human progress. Today, Flexport works with more than 40,000 customers and their suppliers across industries like manufacturing, retail, electronics, consumer goods, tech, apparel, and beauty. Companies of all sizes, from emerging brands to Fortune 500s, use Flexport’s platform for global logistics.

The logistics service provider offers truckload transportation services, air and ocean freight forwarding to its customers. It uses cloud-based software that integrates ERP data and manages cargo information and freight processing system effectively. Its key services include inventory insights, exception alerts, logistics management, inventory management and real-time tracking for productive interaction.

3. UPS (United Parcel Service)

• Origin Country: United States of America
• Founder: James E. Casey
• Founded: 2013
• Headquarters: Sandy Springs, Georgia, U.S.
• Employees: 540,000
• Market Cap. $115.6 billion
• Revenue: $22.9 billion (April, 2023)

UPS (United Parcel Service) is one of the leading supply chain management companies in the global arena. The Fortune 500 Company is also a global package delivery and shipping courier known worldwide for the UPS Store and ground shipping services.

UPS or United Parcel Service is known for in-house, value-added and large-scale operations that include a wide range of services like warehousing, freight shipping, product customization, reverse logistics, retail quality checks, custom management, shipping insurance and custom packaging. The company takes the help of UPS SurePost for last-mile delivery by passing on the packages to the United States Postal Service.

4. FedEx Corporation

• Origin Country: USA
• Founder: Frederick W Smith
• Founded: 1971
• Headquarters: Memphis, US
• Employees: 529,000 (May 2023)
• Annual Revenue: $90.2 billion (2023)
• Market Value: $75.6 billion

FedEx Corporation is an American multinational conglomerate holding company that provides transportation, e-commerce, and business services. The company offers a broad portfolio of transportation, e-commerce, and business services to customers and businesses worldwide. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040.

FedEx is a supply chain management, shipping carrier and package delivery company offering in-house, value-added and large-scale logistics operations to its esteemed customers. The supply chain technology of the top 3PL provider integrates real-time tracking with the warehouse management system to offer the quickest and best possible services to its customers

FedEx Express invented express transportation and remains the industry’s global leader, providing rapid, reliable, time-definite delivery to more than 220 countries and territories, connecting markets that comprise more than 99% of the world’s gross domestic product. FedEx has made several acquisitions over the years, including Parcel Direct, which was re-branded as FedEx SmartPost, and TNT Express, which expanded their operations in Europe

The wide-variety services of one of the top logistics companies include warehousing, cost-effective distribution and delivery network and reverse logistics. It handles 508,000 + D2C shipments daily.

5. DHL

• Origin Country: Germany
• Founders: Adrian Dalsey, Robert Lynn, Larry Hillblom
• Founded: 1969
• Headquarters: Bonn, Germany
• Employees: 570,000+
• Revenue:  $23.1 billion (Q1, 2023)
• Parent: Deutsche Post DHL Group

With an annual delivery of more than 1.8 billion parcels every year DHL International GmbH is recognized as one of the top third-party logistics companies in the world. The global package delivery, express mail service and shipping carrier offer supply chain solutions and logistics services in 220 countries including North America.

DHL can meet a wide range of logistics need of its customers like supply chain management, transportation services, warehousing along with specialized services like temperature-controlled storage and cross-docking. It also offers international logistics services including cross-border shipping, consulting and customized services to eCommerce business owners.

DHL’s mission is to connect people and markets and enable global trade. The company aspires to be the first choice for customers, employees, and investors worldwide.

6. Echo Global Logistics

• Origin Country: USA
• Founders: Brad Keywell, Eric Lefkofsky
• Founded: 2005
• Headquarters: Chicago, US
• Employees: 2,595
• Revenue(TTM): $3.45 billion 
• Market Cap: $1.5 billion

If you are looking for the best 3PL logistics company in the world then look no further than the Echo Global Logistics. It serves 35000+ customers from a wide range of sectors with help of EchoTrak, a web-based technology platform that allows the customer to view shipping details like rates tool, tracking and payment status.

Echo Global Logistics offers freight brokerage services, which includes monitoring shipments from door to door, providing real-time visibility, reporting, and analytics to inform decisions. Echo Global Logistics helps clients navigate the complex international market by leveraging its extensive international air and freight partnerships.

Full Services of Echo Global Logistics include supply chain management, managed transportation services (less than truckload, truckload, expedited and intermodal), freight brokerage, last-mile carrier services and 24*7 customer support.

7. C.H. Robinson

• Origin Country: US
• Founder: Charles Henry Robinson
• Founded: 1905
• Headquarters: Eden Prairie, Minnesota, US
• Employees: 16,000+
• Revenue: $22.49 billion (2023)
• Market Value: $11.3 billion USD

With 20 billion USD in freight and 18 million shipments on an annual basis, C.H. Robinson is one of the top international logistics companies in the world. It offers consulting services to growing and small business entities so that they can make changes in their supply chain, manage costs and mitigate risks.

C.H. Robinson is a 3PL and multimodal transportation services company whose wide range of logistics services include warehousing, transportation management, trade compliance services, customs brokerage, ocean and air services, trucking, LTL and intermodal transportation.

C.H. Robinson has a network of offices in North America, South America, Europe, Asia, and Oceania. The company provides logistics solutions to customers across the globe and across industries, from the simple to the most complex.

C.H. Robinson has several subsidiaries, including Robinson Fresh, which provides supply chain solutions for retailers, restaurants, growers, and foodservice companies. C.H. Robinson is committed to sustainability and making life better for its customers, communities, and the world. The company is also recognized as one of the World’s Most Admired Companies.

8. XPO Logistics

• Origin Country: USA
• Founders: Brad Jacobs
• Founded: 1989
• Headquarters: Greenwich, Connecticut, USA
• Employees: 110,000
• Gross Revenue: $13.2 billion
• Annual Revenue: $10.012 billion (twelve months ending March 31, 2023)
• Market Value: $12.3 billion USD

XPO Logistics as the name suggests is one of the leading international logistics companies in the global market including North America. It is a technology-driven 3PL company that has put its onus on the machine and AI learning for optimization of supply chain solutions, increasing warehouse productivity and high-end automation process. The company has 564 locations globally and operates in 33 countries.

XPO Logistics is the world’s second-largest contract logistics provider that offers a multitude of standard logistics solutions, integrated technology platforms, inbound and outbound logistics services and multimodal freight forwarding solutions and services to its customer. It includes LTL freight, truckload, global freight, last-mile delivery services and trucking services.  XPO Logistics dropped “Logistics” from its name in December 2022 and now focuses solely on being an LTL carrier

9. Penske Logistics

• Origin Country: United States of America
• Founder: Roger Penske
• Founded: 1969
• Headquarters: Reading, Pennsylvania, USA
• Employees: 18,000
• Revenue: 7.5 Billion (Q2, 2023)

Penske Logistics is a top logistics company that has spread its operations in South and North America, Asia and Europe. The key clients of the 3PL company are from various sectors like eCommerce, retail, healthcare, business services, and automotive.

Key services of Penske Logistics include customized logistic strategies, supply chain management solutions, value-added services, transportation services, freight management, warehousing, dry-van truckload services, supply chain engineering, transportation management, store delivery and network design.

They have a strong focus on innovation and customized solutions to meet the unique challenges of their customers. Penske Logistics is part of the larger Penske Corporation, which also includes Penske Truck Leasing and other related businesses.

10. J.B Hunt

• Origin Country: USA
• Founders: Johnelle Hunt and Johnnie Bryan Hunt
• Founded: 1961
• Headquarters: Lowell, Arkansas, USA
• Employees: 30,000
• Gross Revenue: $10.2 billion
• Annual Revenue: $13.850B (twelve months ending June 30, 2023)
• Market Value: $15.8 billion USD

J.B. Hunt Transport Services Inc. is a transportation and logistics company from North America that has operations in Mexico, Canada and the US. The company has a fleet that includes 12,000+ trucks and more than 100,000 containers and trailers. It offers transportation and trucking services primarily through semi-trailer trucks

Key services of J.B. Hunt Transport Services Inc. include Integrated Capacity Solutions, Intermodal services, LTL, temperature-controlled solutions and dedicated contract services.

J.B. Hunt offers multimodal capacity options, personalized load recommendations, and 24/7 tracking API and EDI integrations. Additionally, the company provides free load board, quick pay, and robust rewards program. J.B. Hunt is a Fortune 500 company that specializes in technology-driven freight shipping for large and small businesses. As of July 24, 2023, J.B. Hunt Transport Services Inc’s stock price is $170.03.

11. AmeriCold Logistics LLC

• Origin Country: United States of America
• Headquarters: Atlanta, Georgia, US
• Market Value: $8.3 billion USD
• Employees: 13,000
• Annual Revenue: $0.676B (quarter ending March 31, 2023)

Americold Logistics LLC is a temperature-controlled warehousing and transportation company that provides innovative supply chain solutions and cold storage with integrated technology. Americold is the global leader in temperature-controlled warehousing and logistics to the food industry, offering the most comprehensive warehousing.

AmeriCold Logistics LLC is a top logistics company in the worldwide scenario that can boast of more than 175 + temperature-controlled warehouses, 1 billion cubic feet of storage as well as a highly organized distribution network for perishable items. The warehouses are an important part of the supply chain network connecting food processors, retailers, distributors and producers in several countries of North America and Asia.

The advanced technology-based company operates in 246 worldwide locations through 1+ trillion Pounds of product. Key logistics services of the AmeriCold include temperature-controlled warehousing and value-added services of standard warehousing and distribution networks like repacking, blast freezing, staging, food processing and light assembly services.

Americold Logistics LLC is the world’s largest publicly-traded REIT and global leader in temperature-controlled warehousing and logistics. Americold owns and operates temperature-controlled warehouses around the world, with a singular focus on providing the most comprehensive temperature-controlled supply chain infrastructure.

12. DSV Panalpina

• Origin Country: Denmark
• Founded: 1976
• Headquarters: Hedehusene, Denmark
• Employees: 76,000+
• Annual Revenue: $6.986B (2022)
• Market Value: $39.8 billion

DSV Panalpina is an international logistics company that offers transport services by train, sea, air and road. Its key activities include trucking services spread across South Africa, North America and Europe, global freight forwarding and contract logistics.

The company is headquartered in Hedehusene, near Copenhagen, Denmark, and has offices in more than 80 countries, employing over 75,000 people and collaborating with partners and agents globally.

DSV Panalpina owns very few trucks and trailers and not a single aeroplane or ship because of its asset-light strategy. The company offers seamless solutions to industries like renewable energy providers and healthcare business

13. Warehouse Services Inc.

 

• Origin Country: USA
• Founded: 1986
• Headquarters: Piedmont, South Carolina
• Employees: 1,200+
• Annual Revenue: $150 million+

Warehouse Services, Inc. is a logistics and transportation company that offers warehousing, transportation, and added value services. It is a privately held, Certified WBE company with national 3PL coverage. The company is a leading employer in the logistics and transportation industry and offers competitive wages to its team members. Warehouse Services, Inc. has locations in Wilmington, IL and Ottawa, IL.

Warehouse Services Inc. uses 6-Sigma technology for optimization of services like international and domestic supply chain, client system integration and warehousing and distribution services. Other services include container warehouse, export packing, personal effects shipment, trucking, storage in transit and heavy lifts.

14. Kuehne + Nagel International AG

• Founders: August Kuhne and Friedrich Nagel
• Founded: 1890 in Bremen, Germany
• Headquarters: Schindellegi, Switzerland
• Employees: 84,000+
• Gross Revenue: $28.559 billion
• Annual Revenue: $0.493B (quarter ending March 31, 2023)
• Market Value: $30.0 billion

Kuehne + Nagel International AG is a transportation and logistics company  based in Schindellegi, Switzerland that offers overland, contract logistics and air freight as well as sea freight services to its customers. As of 2022, it has nearly 1,300 offices in 106 countries, with over 78,000 employees.

Kuehne + Nagel’s solutions extend to the world’s largest industries including aerospace, automotive, fast-moving consumer goods, high-tech & consumer electronics, industrial goods, oil & gas, retail, and pharma. The company offers sea freight, airfreight, warehousing, road and rail logistics, 4PL, and customs brokerage across the United States and globally. Kuehne + Nagel aims to reduce costs, save time, and minimize the carbon footprint of shipments by combining the best features of air and sea. The company has a presence on LinkedIn and is listed on the Swiss stock exchange.

The best thing about Kuehne + Nagel International AG is that it has logistics offices at strategic points for worldwide transportation of goods. Its customer list belongs to several industries like marine logistics and the oil and gas industry.

15. Ryder System Inc.

• Origin Country: United States of America
• Founder: James Ryder
• Founded: 1933
• Headquarters: Miami, Florida, US
• Employees: 44,000+
• Annual Revenue: $2,884 million (June 30, 2023)
• Market Cap: $4.65B (August 2023)

Ryder System, Inc., commonly known as Ryder, is an American transportation and logistics company. It specializes in fleet management, supply chain management, and transportation management. Ryder offers a range of services including full-service leasing, rental and maintenance, used vehicle sales, transportation management, professional drivers, e-commerce fulfillment, and last-mile delivery services.

Ryder System Inc. is a logistics company from North America with operations in South and North America, Europe especially the United Kingdom and Asia. With 55M square feet of warehouse space, on-time delivery promises and use of autonomous vehicles and drones it is considered one of the most important technology-advanced companies in the worldwide industry

Ryder has a fleet of commercial rental trucks and is known for its reliable used commercial vehicles. The company offers financing, maintenance, and extended warranty options for its vehicles. More than 95% of the vehicles in Ryder’s inventory have only one previous owner.

Ryder opened a new used vehicle sales location in Boston South. The company also acquired MXD Group, an e-commerce fulfillment and last mile delivery provider, and introduced RyderGyde™, a smartphone app for drivers and fleet managers to monitor and manage their fleets.

Overall, Ryder System, Inc. is a leading logistics and transportation company that offers a wide range of services and operates in multiple locations.

16. Lineage Logistics

• Origin Country: USA
• Founded: 2012
• Headquarters: Novi, Michigan
• Parent: Bay Grove Capital, LLC
• Employees: 18,000+
• Annual Revenue: $3.8 billion
• Market Cap: $10.5 billion

Lineage Logistics is a global leader in the temperature-controlled logistics industry. It is an international warehousing and logistics management company and an industrial real estate investment trust (REIT) owned by Bay Grove, LLC. Lineage Logistics operates over 350 facilities with over 17,000 employees in 15 countries across North America, South America, Europe, Asia, Australia, and New Zealand

Lineage Logistics has the distinction of being the largest refrigerated warehousing company in the world with 223 facilities spread across Asia, Europe and North America. It also maintains a high-profile network of distribution warehouses and oversees an estimated 26.5 million square feet of warehouse space. The company’s first fully automated warehouse is located in Sunnyvale, TX.

The backbone and core strength of Lineage Logistics is its network of sophisticated, strategically located cold storage facilities. The company offers integrated solutions for moving products safely, efficiently, and on time, regardless of the mode of transportation.

In May 2021 Lineage Logistics has launched D2C fulfilment capabilities and entered the eCommerce space. It offers innovative technologies and customized cold-chain solutions to various business entities in the worldwide market. Key services include energy consumption, blast freezing and automation

17. Expeditors International of Washington

 

• Origin Country: USA
• Founded: 1979
• Headquarters: Seattle, Washington, US
• Operations: 105 countries
• Employees: 53,000+
• Annual Revenue: $2.593B (quarter ending March 31, 2023)
• Market Cap: $19.45B (August 01, 2023)

Expeditors International of Washington is a freight forwarding and logistics company with a unique incentive-based compensation structure that is calculated directly from a branch’s operating income. The service-based company offers unified technology systems that are integrated through a global network for cost-effective services.

Expeditors employs over 16,500 trained professionals and has a seamless worldwide network. The company aims to provide sustainable solutions that meet efficiency and optimization while protecting people and service providers, eliminating waste, and tailoring solutions to customers’ needs for a greener supply chain transformation

The 3PL company Expeditors International of Washington operates in several places like South and North America, Asia, Africa, Middle-East and Oceania. Important logistics services include transportation services, customer support service, customized supply chain solutions and on-time delivery. The company also offers customs brokerage services for ocean and air freight. Its customers belong to several industries like retail, electronics, manufacturing and wholesaling

18. Nippon Express

• Origin Country: Japan
• Founded: 1st October 1937
• Headquarters: Tokyo, Japan
• Employees: 33,000+
• Annual Revenue: $18.74 billion (2023)
• Market Cap: $5.19 Billion (August 2023)

Nippon Express is a Japanese global logistics services company. It is based in Tokyo and is owned by Nippon Express Holdings. Its shareholding is dominated by banks and financial institutions mostly related to the Mizuho and Sumitomo Mitsui Keiretsus. Nippon Express has a strong global network that spans over 40 countries, with company direct operations in 33 nations.

Important services of Nippon Express include rail, air and truck freight forwarding, truck transportation, marine transportation, coastal shipping, warehousing, transportation and customs clearance.

Nippon Express’s global logistics services are ideal for customers seeking to grow their businesses, as they combine the latest logistics technology with high-quality service, and the ability to offer customized solutions.Nippon Express operates in the logistics industry and has been providing logistics services for over 80 years. It has a strong global reputation and is one of the top logistics services providers in the world.

19. DB Schenker

• Origin Country: Germany
• Parent: Deutsche Bahn AG
• Headquarters: Essen, Germany
• Employees: 76,000+
• Revenue: €10,080 million ( first six months of 2023 )

DB Schenker is a transportation and logistics company that offers sea, land and air freight as well as contract logistics services in 2,000 locations in about 140 countries.

The company offers a range of services, including land transport, air and ocean freight, contract logistics/SCM, and supply chain solutions. DB Schenker is one of the world’s leading global logistics providers, supporting industry and trade in the global exchange of goods through land transport. The company has a presence in many countries around the world, and its services are highly competitive.

The company has a fleet of aeroplanes, ships and trucks for quick and effective transportation services. Its customer base belongs to several industries like technology and automobiles. DB Schenker is involved in managing supply chain solutions of multinational companies like Dell, Apple and BMW

20. CEVA Logistics

• Parent: Group CMA CGM
• Founded: 2007
• Headquarters: Marseille, France
• Employees: 84,000+
• Revenue: $29 million (March 31, 2023)

CEVA Logistics is a global logistics and supply chain company that specializes in both freight management and contract logistics. In 2022, CEVA became Scuderia Ferrari’s official logistics partner, taking over from UPS after nine years.

CEVA Logistics provides world-class supply chain solutions for large and medium-size national and multinational companies across the globe. As a freight company, CEVA designs and implements industry-leading solutions in both freight management and contract logistics.

CEVA Logistics has spread its operations to 160 worldwide countries and provides FTL and LTL services. The company handles an average of 8,000 loads every month on the ground. Its customers are from the electronics, consumer packaged goods, retail, and aerospace industries.

The other names in the list of top 50 logistics companies in 2023 with their gross revenues are as follows-

21. Sinotrans – 108.8 billion yuan (2022)

22. GEODIS – €13.7 billion (2022)

23. Toll Group – $7.6 billion (2022)

24. CJ Logistics – 12.13 trillion South Korean won (2022)

25. Maersk Logistics – $3.5 billion (Q1 2023)

26. Kerry Logistics – HK$86,649 million (2022)

27. DACHSER – EUR 8.1 billion (2022)

28. Hitachi Transport System – 10,264.6 billion yen (March 2023)

29. Kintetsu World Express – 9,010 million USD

30. Bollore Logistics – €6,231 million (first half 2023)

31. GEFCO – USD 12.3 billion (second quarter of 2023)

32. Coyote Logistics- $3.8 billion (2022)

33. Transportation Insight, LLC – 5,800 million USD

34. Yusen Logistics –4,481 million USD

35. Total Quality Logistics -4,923 million USD

36. Burris Logistics –3.1 billion USD

37. Agility – KD 320.5 million (first quarter of 2023)

38. Hub Group – $1,040 million USD (June 2023)

39. Transplace –  3.67 billion USD

40. SAIC Anji Logistics – $1.97 billion (Q4 of fiscal year 2023)

41. Hellman Worldwide Logistics – EUR 4 billion (2022)

42. NFI – $524 million (first quarter 2023)

43. Sankyu – JPY 553.83 billion (fiscal year ended March 31, 2022)

44. Mainfreight – $457 million (twelve months ended 31 March 2023)

45. Imperial Logistics – 2,700 million USD

46. Ingram Micro Commerce & Lifecycle Services –  2,500 million USD

47. Apex Logistics international – 4,593 million USD

48. Landstar – $1.437 billion (quarter ending March 31, 2023)

49. CTS International Logistics – CNY 2,948.91 million (March 31, 2023)

50. MODE Transportation –4.2 billion USD

Conclusion

The top logistics companies in the world have proved their worth by offering the best possible logistics solutions especially to eCommerce businesses who are always on the look-out for ways to improve themselves

Remember the right logistics service provider will be willing to go the extra mile to help you so make a choice only after looking and comparing all the options thoroughly.

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