XPO Logistics, FedEx, Barrett Distribution, and C.H. Robinson are some of the largest companies that offer logistics services. Each has a different speciality and offers a variety of services. Each prides itself on reducing costs for its customers. If you’re interested in expanding your logistics services, consider partnering with one of these companies.
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1. XPO Logistics
XPO Logistics is one of the largest logistics companies in the USA, with a global network of more than 1,530 facilities in 30 countries. It specializes in freight brokerage, intermodal and drayage logistics, and last-mile distribution. The company is also responsible for 69% of Fortune 100 companies’ supply chains. Its main divisions are Global Order Logistics, Drayage Logistics, and K.N. Integrated Logistics.
XPO Logistics is an American supply chain solutions company with more than 50 thousand employees in the USA and worldwide. Its customers include more than 60 Fortune 100 companies, and it has consistently ranked among the best company in the transportation and logistics industry. Employees at the logistics company are very happy with the culture at the company, and their perks and compensation are top-notch.
The logistics industry is a critical component of the U.S. economy. These businesses specialize in transportation, storage, and distribution and ensure that supply chains function smoothly. This industry is estimated to grow at a 3.6% CAGR over the next five years. The number of businesses involved in logistics is growing steadily, and the demand for their services will only grow in the coming years.
XPO Logistics is among the largest logistics companies in the USA. The company maintains warehouses for different industries in the country, covering more than 37 million square feet of space. It combines technology and personalized service to provide seamless order fulfilment and cold-chain solutions. This company is constantly growing and adding new capabilities to provide a full range of logistics support to companies across the country. Another leading logistics company in the USA is Kenco Logistic Services. It is based in Florida and was founded in 1892.
2. FedEx
FedEx is a US-based global logistics and freight forwarding company. It was founded in 1961 and is headquartered in Lowell, Arkansas. It is a leading provider of express shipping services in over 220 countries. FedEx is also a pioneer of package tracking, a service that most other carriers have since adopted. The company is a top contractor for the U.S. government.
In a recent survey of the world’s largest and most trusted logistics companies, FedEx and UPS placed first and second, respectively. The study by Brand Finance, a brand research firm, looked at the top 25 logistics companies in the world. The two companies dominated the Top 25 list, filling four of the top six slots and seven of the top 25. The study’s methodology relies on a database going back to 1996.
FedEx, formerly Federal Express, is the world’s largest logistics company. It was founded in Memphis, Tennessee, in 1971 as a delivery system specializing in expedited delivery. The company has over 60,000 employees and operates in more than 200 countries. Its 3000 square-meter warehouses are used for a variety of tasks.
FedEx provides various services, from warehousing and distribution to freight forwarding and transportation. It has over 40 million square feet of physical space in the USA and more than 130 facilities worldwide. It also offers services such as omnichannel fulfilment centres. It also offers a range of affordable shipping options.
In the U.S., FedEx and UPS are the two leading companies. However, these two companies are not the only players. A growing number of companies are entering the market and competing with them. Some of them can provide more efficient service to customers.
3. Barrett Distribution
Barrett Distribution has over 20 locations in the USA, including six in Memphis, Tennessee. It provides various services for customers, including omnichannel distribution, direct-to-consumer fulfilment, and food-grade storage. The company also offers cGMP-certified and FDA-registered facilities.
In business since 1941, Barrett Distribution is a Third Party Logistics (3PL) provider. The company operates a network of warehouse facilities spanning the United States and Canada. With over 3 million square feet of space, Barrett has become a trusted partner to more than 150 customers in various industries. It provides custom-tailored third-party logistics, omnichannel distribution, and direct-to-consumer fulfilment services.
The company was also recognized for its outstanding growth in 2008. Barrett Distribution Centers was included in the Inc. 5000 list for the fourth consecutive year. The company also received the Family Business Award in Massachusetts. Barrett provides supply chain management and transportation services to clients such as Tivoli Audio, Kellogg, Kraft, Vibram Five Fingers, and BMW.
Kenco is the largest woman-owned third-party logistics company in the country. It has ninety distribution decentred thirty million square feet of space. The company has received numerous honours, including being voted among Inbound Logistics Magazine’s “Top Ten Logistics Providers” five years in a row. The company offers customized small parcel services.
4. C.H. Robinson
C.H. Robinson is a Fortune 500 logistics company that provides various services. Its main areas of expertise are freight transportation, warehousing, and brokerage. It also offers air freight and ocean shipping. Charles Henry Robinson founded the company in Grand Forks, North Dakota, in 1905. He originally came from New York City and was a travelling salesman. He eventually incorporated the company and began providing transportation services to various industries.
The company has access to over a million pieces of equipment and has relationships with more than 70,000 carriers. It delivers an average of three different services to its top 500 customers. It has been around for over a century and has expanded its footprint globally. In recent years, it has developed a strong technology platform enabling it to serve its customers better.
The company is a leader in the freight brokerage market and has a two-sided network. However, investors should be cautious about its future because of competition from new tech-savvy companies such as Uber and Amazon. Additionally, major transportation companies are consolidating and bringing logistics in-house.
C.H. Robinson was founded by Charles H. Robinson, a businessman from Grand Forks, North Dakota. It started as a small brokerage company and shipped products to customers in the Red River Valley. Eventually, the business expanded to include warehouses in all 50 states. Its headquarters shifted to Minneapolis in 1919 and continued to grow until the Second World War.
5. DB Schenker
DB Schenker is a German logistics company ranked among the top 25 third-party logistics providers in the United States. It provides order fulfilment, warehousing, and distribution services. It has more than seven thousand employees across 47 branches and 60 distribution centres and manages 17 million square feet of space. The company’s strategy is to follow an asset-light strategy, meaning it will rely on subcontractors for most of its transportation needs. However, it does plan to buy equipment for its fleet as insurance against market fluctuations.
DB Schenker has a long history in logistics and has been around for more than 140 years. The company has offices in 130 countries, a trucking network that spans more than 75,000 miles, and contract logistics and supply chain management services. In addition, the company has invested millions of dollars into developing new digital strategies, such as a partnership with us, an online freight marketplace.
The company has also been pursuing an aggressive expansion strategy. It plans to increase trucking services in the U.S. and Canada by 2021. The company already operates a trucking network in Brazil and has recently expanded its land divisions in Argentina and Uruguay.
In the United States, DB Schenker’s largest division, USA Truck, has over 1,900 trucks and over 2,100 employees. Its division USAT Logistics provides freight brokerage, logistics, and intermodal services. DB Schenker is a German-based logistics company with over 1,850 locations. It manages over 27 million square feet of warehouse space in the United States.
Final Words
Another German-based logistics company is DSV Panalpina, which was founded in 1976. It is one of the largest third-party logistics companies in the world, with revenues exceeding US$13 billion. It also has a trucking network across North America, Europe, and Africa. Another company in this country is Kuehne+Nagel, which was founded in 1870.