Top 10 Logistics Companies Worldwide | IMARC Group

Logistics is the process which assists in efficient and effective transportation as well as storage of goods and services. The logistics industry is continuously undergoing rapid transformation, in turn, paving a path for innovations in the upcoming years. Innumerable emerging technologies are carving the future of logistics, such as the incorporation of GPS, biometrics, and automated material handling equipment. In addition, the Internet of Things has the potential of transferring the data through networks while ensuring safety and security. Some of the other emerging technological trends in the logistics industry include artificial intelligence, driverless vehicles and drone delivery. According to IMARC Group, the global logistics market size reached US$ 4,963 Billion in 2019. The market is further projected to reach a value of US$ 6,537 Billion by 2025, registering a CAGR of 4.7% during 2020-2025.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

The global logistics market is fragmented with several small and large companies currently operating in the market. The profiles of the leading Top 10 logistics Companies In World 2020 are discussed below:

• J. B. Hunt Transport Services
• C. H. Robinson Worldwide, Inc.
• Ceva Holdings LLC
• FedEx Corporation
• United Parcel Service, Inc
• Expeditors International of Washington Inc.
• XPO Logistics, Inc.
• Kenco Group, Inc.
• Americold Logistics, LLC
• Deutsche Post DHL Group
• DSV Air & Sea Inc.

Source: IMARC Group: https://www.imarcgroup.com/

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