Operating results for major warehouse companies

Below is a list of the top third-party logistics companies in the world by revenue.* All of the companies listed below have at least some operations in Canada:

  • United Parcel Service (UPS)
    • UPS maintains more than 35 million sq. ft. of distribution and warehousing facilities at approximately 1,000 sites in 120 countries, serving more than 220 countries and territories.
    • Revenue: $74.094 billion USD (2019)
    • Headquarters: Atlanta, Georgia, USA
  • DHL
    • As of 2019, DHL manages approximately 430 warehouses comprising 121 million sq. ft. of warehouse space.
    • Revenue: $72.43 billion USD (December 2019)
    • Headquarters: Bonn, Germany
  • FedEx Corporation
    • Operations in more than 220 territories around the globe and more than 35 million sq. ft. of warehouse space under its management.
    • Revenue: $69.69 billion USD (2019)
    • Headquarters: Memphis, Tennessee, USA
  • Kuehne + Nagel Inc.
    • Manages more than 75 million sq. ft. of warehouse and logistics space worldwide, spanning more than 65 countries, including 14 million sq. ft. in the United States.
    • Revenue: $21.23 billion USD (2019)
    • Headquarters: Schindellegi, Switzerland
  • Nippon Express
    • Owns more than 31.7 million sq. ft. of warehouse space in Japan and an additional 25.8 million sq. ft. overseas, maintaining a network of 744 branches in 48 countries and regions.
    • Revenue: $19.9 billion USD (fiscal year 2018)
    • Headquarters: Tokyo, Japan
  • DB Schenker Logistics
    • The company manages more than 94 million sq. ft. of warehouse space and covers more than 794 locations around 60 countries with its worldwide network.
    • Revenue: $19.42 billion USD (2018)
      Headquarters: Essen, Germany
  • XPO Logistics
    • The second-largest contract logistics provider worldwide, XPO Logistics manages more than 202 million sq. ft. of warehouse facility space.
    • Revenue: $16.65 billion USD (2019)
    • Headquarters: Greenwich, Connecticut, USA
  • DSV Panalpina
    • DSV Panalpina is one of the five largest third-party logistics companies in the world, with a global workforce of nearly 60,000 employees spanning 90 countries.
    • Revenue: $14.2 billion USD (2019)
    • Headquarters: Hedehusene, Denmark
  • Nippon Yusen (NYK)
    • Nippon Yusen is a Japanese shipping company that is part of the Mitsubishi group of companies, offers “end to end” logistics solutions on top of their core business of shipping.
    • Revenue: $16.5 billion USD (2019)
    • Headquarters: Tokyo, Japan
  • CJ Logistics
    • In 2020, DSC Logistics, CJ Logistics USA and CJ Logistics Canada joined as one operating company, with a combined warehousing footprint of approximately 30 million sq. ft.
    • Revenue: $13.42 billion USD (2019)
    • Headquarters: Seoul, South Korea

 

* Carolina Monroy. “Top 25 3PL warehousing companies in 2020 (by revenue).” 6River Systems. (July 2020). (https://6river.com/top-3pl-warehousing-companies-by-revenue/).

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