UPS, FedEx, DHL, and XPO – these third-party logistics (3PL) providers are the freight professionals that keep supply chains moving. Regardless of the 3PL provider, 3PL providers manage outsourced distribution, warehousing, and fulfillment services, to mention a few. The top third-party logistics companies grow and customize their solutions to fit the needs of their customers. Numerous businesses now provide value-added services related to the manufacture or procurement of commodities. In a world beset by supply chain challenges, 3PL providers are critical enablers of global supply networks, assisting in the movement of commodities.
The firms featured MHRA approved warehousing UK below are the largest in terms of income and reputation, with several of the brands being ingrained in popular culture (think FedEx and the film, Cast Away).
CJ Logistics (10)
CJ Logistics is a logistics company based in Seoul, South Korea. It began in 1930, during the Japanese colonial era in Korea, as Chosun Rice Warehousing. Korea Express was eventually renamed. Contract logistics, freight forwarding, port logistics, courier services, and global transportation are the company’s primary operations today. CJ Logistics was acquired in 2012 and amalgamated with CJ GLS to form CJ GLS Logistics. CJ Logistics generated sales of US$13.42 billion in 2019.
Panalpina DSV (9)
DSV Panalpina is a Danish logistics company that operates on land, sea, and air. It was created in 1976 as a result of the merger of nine Danish haulage businesses. Panalpina Welttransport AG, which it acquired in 2019, is its most recent acquisition. Its headquarters are in Hedehusene, near Copenhagen, and it operates offices in more than 80 countries. DSV Panalpina’s primary competitive advantage is its extensive trucking network in Europe, North America, and South Africa.
Nippon Yusen (8)
The Mitsubishi Corporation owns the Japanese shipping firm Nippon Yusen. Tsukumo Shokai Shipping was created in 1870 to transport passengers between the port towns of Yokohama and Shanghai. Along with its primary shipping business, the corporation offers comprehensive logistical services. It is now headquartered in Tokyo and owns and operates 800 cargo vessels, making it one of the largest maritime companies in the world. In 2020, it expects to generate US$16.5 billion in sales.
DB Schenker Logistics (7)
DB Schenker is Deutsche Bahn AG’s logistics subsidiary. DB Schenker, headquartered in Essen, Germany, manages multinational firms’ supply chains, including Apple, Proctor & Gamble, Dell, BMW, and Ford, through divisions specialized to ground transport, ocean freight, air freight, contract logistics, and supply chain management. The organization operates a global network of 794 locations in 60 countries. In 2020, it expects to earn US $19.42 billion.
Entry 6: XPO Logistics (6)
XPO Logistics is a US-based provider of global shipping and contract logistics services with 1,530 locations in 30 countries. It manages the supply chains of 69 percent of Fortune 100 companies. Freight brokerage, intermodal and drayage (short-distance logistics), last-mile distribution, and global forwarding are all areas of expertise. KN Integrated Logistics is the company’s supply chain division. It is responsible for supplier and inventory management, aftermarket management, and supply chain technology. The headquarters of XPO are located in Greenwich, Connecticut.
Kuehne + Nagel Inc (5)
Kuehne + Nagel Inc. was founded in 1890 in Bremen, Germany, as a cotton shipping firm. It is now a Swiss-owned holding company with operations in sea freight, air freight, contract logistics, and overland transportation. Additionally, it is a specialist in logistics solutions powered by information technology.
Kuehne & Nagel employs around 82,000 employees in 65 countries. In 2013, Kuehne + Nagel merged its railfreight business with VTG to establish VTG Rail Logistics, which has grown to become Europe’s largest private rail freight company.
Nippon Express (4)
Nippon Express is a Japanese logistics company with operations in 40 countries with 744 branches in 48 nations and territories. It was created in 1937 in Tokyo, with additional assistance from the Japanese government, making it a semi-governmental organization. In the 1950s, it was completely privatized.
In 2013, Nippon Express acquired 67% of Panasonic Logistics, a subsidiary of the Japanese electronics giant Panasonic Corp. In 2017, it had revenues of US$16 billion.
Deutsche Post DHL Group (3)
Deutsche Post DHL Group is a two-part enterprise. Deutsche Post sends 61 million letters daily throughout Germany, making it the largest firm of its kind in Europe. DHL originated as a US corporation, DHL Air Cargo, in 1969 and expanded globally by the late 1970s. Deutsche Post acquired it in 2002, and DHL is now the company’s express business, with 430 warehouses. Deutsche Post DHL’s headquarters are located in Bonn, Germany.
FedEx is a US worldwide freight firm headquartered in Memphis, Tennessee. Federal Express was created in 1971 and specialized on fast deliveries. FedEx is the world’s largest cargo carrier by scheduled freight tonne kilometers and fourth largest by fleet size. The company operates in 220 countries and has a warehouse space of 3,000 square meters. In 2020, it expects to earn US$69 million.
FedEx Supply Chain is a third-party logistics (3PL) service in the United States and Canada. It services the technology and electronics industries, as well as retail and e-commerce, consumer and industrial goods, and healthcare.
FedEx is most recognized for its air delivery service, FedEx Express, in the modern era. It was one of the first big shipping companies to establish overnight delivery as a signature service.
UPS (United Parcel Service) has been operating in the United States for more than a century, having been formed in 1907 as a messenger service based in Seattle. Shipping, air freight, transportation, last-mile distribution, and drone delivery are all areas of expertise for the organization. Its headquarters are now located in Atlanta, Georgia.
UPS has over 35 million square feet of distribution and warehouse space over 1,000 locations in 120 countries. It serves a total of 220 nations and territories. It is the world’s largest courier company in terms of revenue, forecast to reach US$85 billion in 2020, surpassing competitors DHL and FedEx.
UPS reported a 21 percent increase in Q$ sales to US$24.9 billion in 2021, following a shift to smaller clients during the Covid-19 epidemic.