Have we ever imagined: What could have happened had there been no ways to transfer materials from one place to another? How could we have globalised in such a world? Logistics has been and shall always remain as the backbone of several industries. It is with logistics that, imports and exports of various goods have been made feasible.
Both inbound and outbound logistics are necessary for a company to survive. Logistics companies need to optimise at every level: whether it’s a boardroom meeting with their employees/stakeholders or when they talk to truck drivers and warehouse workers. Thus, logistics in itself covers a broad and a rather complex range of activities. ‘Being efficient’ is really important for such firms. Having said that, let’s take a look at the top 10 best logistics companies in the world in 2020 and their strategies at work:
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10. CEVA: (By Ken Thomas)
It began its operations in 1946 (with a different name). Till 2006 CEVA was known as TNT until TNT was sold to venture capitalists Apollo Management LP. The company currently operates in 17 regions throughout the world. They have customers from various sectors such as healthcare, technology, industry and more. It has received several awards and certifications in UK, Italy, Brazil, Singapore, China, USA, and Japan.
It was founded in 1935. They operate in more than 70 countries and have their partners where they don’t have offices. They specialise in specialising in intercontinental air and ocean freight and associated supply chain management solutions. They have also expanded to areas like energy and IT solutions. They continuously try to continue their business with integrity and respect different cultures and individuals. They have divided their operating structure into four regions: Americas, Aisa Pacific, Europe and the Middle East, Africa & CIS.
8. C.H. Robinson:
This is a Fortune-500 company which has his headquarters in the US. Established in 1905, it is amongst the oldest companies in the industry. It works in 4 zones specifically North America, South America, Europe, and Asia. Their Logistics arrangements incorporate over the road, air, sea, rail, extend Logistics, Managed TMS, Collaborative outsourcing, and Supply Chain Consulting administrations. It was also the largest third party logistics company according to NASDAQ in 2012. It has also targeted smaller customers like a family store or a large retailer grocer, restaurant gain from such efficient supply chain management solutions.
7. Nippon express:
It is a Japanese company with its headquarters in Minato-ku. Nippon Express had the highest revenues amongst all other logistics companies in the year 2016. They have established themselves for international freight. It has its operations in 5 regions: the America, Europe/Middle East/ Africa, East Asia, South & South East Asia, Oceania, and Japan. The company has received several recognition around the globe such as ISO9001 ISO14001, AEO (Authorised Economic Operator), and C-TPAT.
6. DB Schenker:
They include various products and services like Air freight, ocean freight, Road freight, Contract logistics and special products (fairs and exhibitions, sports logistics etc.). Utilising more than 94,600 staff spread crosswise over around 2,000 areas in around 140 nations and now is the greatest cargo administrator in the UK. It has its headquarters in Germany. Gottfried Schenker is the founder of the company. It is a part of the DB group and contributes a lot towards the revenues of the group. A strategy 2020 worked by D B Schenker includes all the measurements of sustainability viz economic success, corporate social responsibility, and protection of environment As indicated by them, this procedure would help them wind up the best pioneer in the business sectors they target.
5. Kuehne + Nagel:
Based in Switzerland, it is a global transportation company. It provides for ocean cargo and airfreight sending, contract coordination, and overland businesses with an attention on giving IT-based coordination arrangements. It was founded in 1890 by August Kühne, Friedrich Nagel. In 2010, it contributed towards 15% of the revenues earned by air and sea freight businesses leaving DHL, DB Schenker and Panalpina behind. They currently operate in 100 countries.
This is a French company having its headquarters in Monaco. It accommodates for 5 range of activities SNCF Infra, Proximities, Voyages, Logistics and Connexions. SNCF has been in the top ranks in France as well as Europe. The company is backed by four experts: Geodis which is responsible for managing and optimising the logistics chain through tailored solutions, STVA provides for logistics for finished, new and used vehicles. It also offers real-time tractability. The other two are TFMM which specializes in rail transport and freight forwarding and ERMEWA which offers long-term leasing and rail transport equipment arrangements.
FedEx, established as Federal Express in 1971, is an American organisation headquartered in Memphis, Tennessee. It was founded by Frederick W. Smith and has also been named by Fortune as one of the top 100 companies to work for. The company’s stock is traded on S&P 500 and NYSE. FedEx plans to develop businesses by shaping new alliances, covering more nations, through internet business and innovation. In the long-run, they plan to accomplish better profits, improve their cash flows and returns on investment. It has also engaged itself in EarthSmart to encourage environmental responsibility.
2. UPS supply chain management:
It began in 1907 as American Messenger Company by James Casey. It provides for a variety of services in delivering packages and industry solutions. It plans to synchronize the supply chain through transportation and freight, contract logistics, customs brokerage, consulting services and industry solutions. UPS is known for its smooth following and return process. The organisation developed with various mergers. In the latest acquisition in June, the organisation assumed control over Parcel Pro, giving security while exchanging high-esteemed results of their clients. The organisation got on NYSE in 1999.1.DHL Logistics:
DHL Express is an auxiliary of a German Logistics organisation called Deutsche Post DHL covering conveyances around the world. It has undoubtedly acquired a huge brand name in the industry. DHL has four noteworthy divisions – DHL Express, DHL Global Forwarding, DHL Global Mail and DHL Supply Chain. DHL is a piece of the world’s driving postal and arrangements organisation Deutsche Post DHL Group.
Logistics services are one of the most busy and required services all around the globe. From small packages to big crates everything is transported around the globe by thee logistics companies. These companies are inevitable for the development of the world and these companies helps every development activity to be completed faster by transporting required goods all around the globe without delays.