Top 10+ Best And Largest Logistics Companies in the U.S

Top 10+ Best And Largest Logistics Companies in the U.S

Regardless of the size of your shipment, the top logistical and supply chain firms in the US can handle it. These US logistics and supply chain firms should employ seasoned experts who can adapt to the changing needs of their clientele.

Not only that, but reputable US supply chain firms can offer an enormous array of services, such as customs clearance, project logistics, warehousing, and freight forwarding.

The freight and logistics market in the United States was estimated to be worth $1.27 trillion in 2023 and is projected to reach $1.62 trillion by 2029, growing at a compound annual growth rate of 4.07% during the forecast period, according to a report by Mordor Intelligence.

Although there are many competitors in the US logistics market, FedEx Corporation (NYSE:FDX), United Parcel Service, Inc. (NYSE:UPS), and Old Dominion Freight Line (NASDAQ:ODFL) hold the majority of market shares.

Leading American multinational FedEx Corporation (NYSE:FDX) is well-known for its global delivery services. Additionally, the business took advantage of the fantastic chance to pick up 400,000 extra packages every day when clients of its primary competitor, United Parcel Service, Inc. (NYSE:UPS), shifted to other carriers.

Across the entire nation, United Parcel Service, Inc. (NYSE:UPS) is responsible for nearly 25% of parcel deliveries in the US.

One of the leading companies in the less-than-truckload (LTL) logistics sector is Old Dominion Freight Line (NASDAQ:ODFL). Industry risks have also been present for the company.

Thus, logistic carriers like FedEx Corporation (NYSE:FDX), United Parcel Service, Inc. (NYSE:UPS), and Old Dominion Freight Line (NASDAQ:ODFL) meet the needs of US consumers for domestic shipping.

The variety of transportation options that are available to Americans in this increasingly interconnected world is advantageous. The most popular haulage methods include ship and aircraft transportation, as well as road and rail transportation. When consumers place an order, they initiate a wide range of services that extend beyond the straightforward delivery of packages. Through supply chain management software, warehousing, packaging, and material handling in addition to forwarding, returned goods management, and brokerage, logistics companies provide the integration of information flow. Several transport modalities across several territories may be used to carry out the actual forwarding.

In the US, UPS Supply Chain Solutions ranked as the second-biggest logistics provider. The Georgia-based forwarder is a subsidiary of United Parcel Service, a business that employed about 534,000 truckers, pilots, crew members, mechanics, office workers, and managers and generated over 97 billion dollars in revenue in its fiscal year 2021. Some of its clients include Philips Healthcare, Pratt Whitney, and Triumph Motorcycles.

Market Capitalization: $131.37 billion

One of the largest shipping couriers in the world is recognized to be United Parcel Service, Inc. (NYSE:UPS). By market capitalization, the company is the biggest logistics provider in the United States and is well-known for its ground shipping services. Additionally, the company provides air shipping. The company is valued at $131.37 billion as of October 4.

Market Capitalization: $65.44 billion

FedEx Corporation is a significant participant in the logistics market (NYSE:FDX). Additionally, the business has a sizable contract with the US government. It has a very well-liked air delivery service. As of October 4, the company, which is among the largest logistics companies in America, has a valuation of $65.44 billion.

Market Capitalization: $43.69 billion

As of October 4, Old Dominion Freight Line (NASDAQ:ODFL) was valued at $43.69 billion, making it one of the largest logistics companies in the United States. It is a significant global less-than-truckload (LTL) shipping company with operations in Europe, South America, Central America, and other continents.

Market Capitalization: $19.30 billion

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is another prominent logistics service provider in the United States. The company has a sizable fleet of trailers and containers and operates as a major trucking company. The company’s valuation as of October 4 is $19.3 billion.

Market Capitalization: $16.85 billion

With its headquarters located in Washington, Expeditors International of Washington (NASDAQ:EXPD) is a prominent logistics and freight forwarding business in the United States, with a $16.85 billion market valuation.

Market Capitalization: $10.69 billion

One of the top 20 logistics firms in the US is Saia, Inc. (NASDAQ:SAIA), which as of October 4 had a $10.69 billion market capitalization. Less-than-truckload (LTL) trucking company Saia, Inc. (NASDAQ:SAIA) has grown throughout several US states.

Market Capitalization: $10.54 billion

As of October 4, TFI International Inc. (NYSE:TFII), a significant logistics player in the US, had a market valuation of $10.54 billion. The business is divided into four operating segments: truckload, less-than-truckload, package and courier, and logistics. Owning a vast fleet of trucks, TFI International Inc. (NYSE:TFII) consists of owner-operated tractors, straight trucks, and trailers.

Headquarters: Eden Prairie, Minnesota.

Market Cap: 12.429B

Number of Employees: 15.262

Website: https://www.chrobinson.com

An organization that offers third-party logistics services is C.H. Robinson Worldwide, Inc. (CHRW). The company works with over 71,000 carriers and manages about 18 million shipments annually for over 113,000 manufacturing, retail, and food and beverage clients. In addition, CHRW purchases, distributes, and ships fresh produce across the country.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) provides freight transportation services and logistics solutions to help businesses meet their logistics needs while optimizing their supply chains.

Market Capitalization: $8.52 billion

XPO Logistics, Inc. (NYSE:XPO) is a major American carrier that specializes in less-than-truckload freight. The business has strong financial standing in the US logistics sector, but it also conducts business internationally. XPO Logistics, Inc. (NYSE:XPO) has a market value of $8.52 billion as of October 4.

Market Capitalization: $7.87 billion

The US-based logistics giant Knight-Swift Transportation Holdings Inc. (NYSE:KNX) is one of the largest. As of October 4, Knight-Swift Transportation Holdings Inc. (NYSE:KNX), with a substantial market share in the trucking industry, was valued at $7.87 billion.

GXO Logistics, Inc. (NYSE:GXO) is a contract logistics provider that manages supply chain and outsourced warehousing. As of October 4, GXO Logistics, Inc. (NYSE:GXO), a significant logistics provider in the US, was valued at $6.51 billion.

Market Capitalization: $6.29 billion

Landstar Systems, Inc. (NASDAQ:LSTR), valued at $6.29 billion as of October 4, is another company that makes our list of the largest logistics companies in the United States. Across the nation, Landstar Systems, Inc. (NASDAQ:LSTR) provides third-party logistics services.

Well-positioned logistics companies with global reach are FedEx Corporation (NYSE:FDX), United Parcel Service, Inc. (NYSE:UPS), and Old Dominion Freight Line (NASDAQ:ODFL).

Market Capitalization: $4.73 billion

In America, Schneider National, Inc. (NYSE:SNDR) is well-known for its intermodal, truckload, and logistics services. In the US logistics market, the company has a sizeable market share. As of October 4, Schneider National, Inc. (NYSE:SNDR) had a $4.73 billion market capitalization.

By 2027, the global logistics market is expected to grow to a value of about $13,000 billion. There is fierce rivalry among logistics providers, and every business strives to provide dependable and effective delivery and transportation services. Nonetheless, we list the top five well-known logistics firms that are genuinely thriving in this area, in no specific order:

1. DHL

DHL is an expert in distribution and shipping to both domestic and foreign destinations. To preserve the integrity of its operations, the company has integrated security and safety protocols into its supply chain.

2. Kuehne + Nagel

August Kühne and Friedrich Nagel established Kuehne + Nagel in Bremen, Germany, in 1890. The company offers contract logistics, overland operations, and sea and air freight forwarding. The logistics company, which is currently based in Switzerland, has operations in over 100 nations.

3. DB Schenker

DB Schenker was established in 2007 and provides specialized services ranging from delivery to packaging and shipping. To help you stay on top of your shipment process, eSchenker, a real-time tracking system, maximizes visibility on the shipment process and data in one portal.

4. UPS

With 540,000 employees spread across 220 countries, United Parcel Service is a multinational shipping company that specializes in creative supply solutions. Delivering 24 million shipments worldwide every day via the UPS traceability app—which offers a well-organized customs clearance interface and streamlines international freight—is one of the company’s distinctive selling points.

5. FedEx

An additional US-based logistics provider that provides e-commerce, supply chain management, transportation, and package delivery services. Across the board, FedEx offers 3PL solutions to both large and small businesses. Additionally, it created FedEx Returns Technology, which aims to make return management easier for retailers with large volume sales.

Globalization is bringing communities closer together, which makes logistics businesses more important. As a result, the industry is expanding quickly. Businesses that can innovate and adjust to changing conditions have been crucial to their success, and as demand rises, we can anticipate more changes from these businesses.

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