Press release
Top 10 Logistics Companies in World 2023: Biggest Supply Chain Services and Transport Company (USA, UK, INDIA)
Logistics companies perform the procedures of planning and carrying out the storage and transportation of commodities from the point of origin to that of consumption to meet the requirements of the customers. Based on the mode of transportation, they can be categorized into seaways, roadways, airways, railways, etc. Logistics companies facilitate efficient inventory and fleet management, packaging, warehousing, order fulfillment, material handling, demand planning, incoming and outbound transportation, etc. They even aid in transporting bulk packaging while preventing spillage or breakage and saving costs. Consequently, logistics companies find widespread applications across numerous sectors, including manufacturing, retail, consumer goods, food and beverages (F&B), information technology (IT), healthcare, chemicals, telecommunication, construction, automotive, oil and gas, etc.According to IMARC Group, the global logistics market size reached US$ 5.2 Trillion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.8 Trillion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.
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Some of the top Logistics Companies in World 2023 being:
• 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.
Explore Complete Blog by IMARC Group: https://www.imarcgroup.com/top-10-logistics-companies-across-world
The growing e-commerce segment and the increasing availability of high-speed network connectivity are among the key factors driving the logistics companies. In line with this, the shifting consumer preference toward online purchasing, owing to convenient home delivery services and attractive offers, are acting as significant growth-inducing factors. Moreover, the escalating focus among manufacturers on adopting green logistic solutions to lower environmental pollution and improve the green credentials of their businesses is also positively influencing the market growth.
Besides this, the development of logistics monitoring systems integrated with several advanced technologies, such as blockchain, artificial intelligence (AI), augmented reality (AR), and the internet of things (IoT) that can track real-time information and provide predictive alerts of transportation, warehouse management, and delivery of the products is further stimulating the global market. Additionally, the elevating number of trade agreements among various countries resulting in higher import and export activities is expected to propel the logistics companies in the coming years.
Explore Logistics Market 2023 Full Report with TOC & List of Figure: https://www.imarcgroup.com/logistics-market
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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