The logistics and transportation industry are a complex network of businesses that keep the world moving, from managing supply chains to keeping vehicles on the road.
By providing businesses with the resources, they need to ship products and move materials, logistics companies are essential for every industry.
At some point, all businesses will need to partner with a logistics company to get their goods from point A to point B.
Many people have questions, what companies are in the transportation field? To find out, you can read this article.
Best Companies for Transportation
American Trucking Association
The American Trucking Association is the largest national trade association for the trucking industry.
It was founded in 1933 and now has a membership of around 7,000 companies. It is a not-for-profit association and is based in Arlington, Virginia.
Next is the United Parcel Service (UPS). UPS is the world’s largest third-party logistics company and is the largest single-source shipper in the world.
It has around 197,000 employees. UPS is home to almost all of the world’s headquarters for its major market operating areas such as North America, Asia Pacific, Europe, Middle East, and Africa, South America, and India Asia Pacific.
Next on the list is the world’s biggest exporter and importer, China Shipping Services. China Shipping Services is a self-described services platform for logistics companies.
The company was founded in 2003 by five visionaries from China’s leading shipping, logistics, and courier companies. By 2007, China Shipping Services already surpassed UPS to become the world’s largest exporter.
According to Forbes, Walmart is the most valuable brand in the world, with a value of $86 billion.
The brand has over 11,600 stores in 28 countries and employs 2.3 million associates. Walmart is also the largest company in the world by revenue, with a total of $482.1 billion in 2016.
Perhaps most importantly for a company growing this fast: Walmart is successful because its logistics system allows customers to pick up their groceries and merchandise almost immediately after placing an order online.
Working with third-party logistics companies like UPS, FedEx, and UPS Express provides Walmart with the flexibility to swiftly deliver their products to the doorstep.
The company FedEx was founded in 1971 and is headquartered in Memphis, Tennessee. FedEx provides transportation, e-commerce, and business services.
The company has more than 400,000 employees and operates in over 220 countries and territories.
The company can trace its origins back to the first package delivery company in the world, founded in 1830 under the name of Brown-Waite Company.
The company now has two distinct business segments: the FedEx Ground network and the FedEx Express network.
The FedEx Ground network operates under FedEx’s core shipping services, including FedEx Marketing and FedEx Signature.
The company’s Premium Plus division is focused on the postal, brokerage, and other intermodal services, as well as offering services for packaged and mailed products.
The FedEx Ground network handled $136 billion in global shipments in 2016 and generated approximately $52 billion in net revenue.
On the other hand, the FedEx Express network, which operates under FedEx’s Resolve division, handled $56.7 billion in global shipments and generated revenues of more than $15.5 billion.
JB Hunt Transport Services
JB Hunt Transport Services is a $6 billion logistics company that employs over 10,000 people. Founded in 1970, JB Hunt is based in Arkansas and is the largest privately held company in the state.
JB Hunt Transport Services is a member of the NASDAQ 100, the S&P 500, and the Fortune 500.
Hasbro owns most of the LEGO brand. The company was founded in 1949 and began producing physical toys and games in bricks, with the initial focus on educational play.
With the growth of the company, they began producing models and other toys for other markets, eventually selling the majority of their products outside of Europe and Australia.
Their outstanding growth rates since the 1970s have led to includes more acquisitions since 2005, giving it a presence across 65 markets. Hasbro shipped over 22 billion pieces of consumer well-being in 2016.
Schneider National is the largest privately owned trucking company in the country.
Schneider is a logistics company with its core competencies in truckload, less-than-truckload, and intermodal freight transport, as well as logistics services including supply chain management solutions.
Schneider National is more than just a trucking company – it’s a logistics company.
Schneider National, founded in 1897, operates more than 20,000 trucks and delivers over 40 million loads a year to nearly 40,000 customers in more than 90 countries worldwide, connecting the company’s customers with nearly 170,000 shippers.