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The world of logistics has been transformed by the evolution of last mile delivery transportation. This final leg of the delivery process, which gets goods to the customer's doorstep, is crucial in determining customer satisfaction. The efficiency, reliability, and speed of last mile delivery services have become significant competitive advantages for companies. This article delves into the top 27 last mile delivery transportation companies, analyzing their headquarters, compound annual growth rate (CAGR), and revenue over the past year.
The global Last Mile Delivery Transportation market size is estimated to be $178.3 billion in 2023, and predict it will reach $327.6 billion by 2031, growing at a CAGR of 7.9% during the forecast period from 2023 to 2031.
Global Growth Insights unveils the top Global Last Mile Delivery Transportation Companies List:
- United Parcel Service (UPS)
Headquarters: Atlanta, Georgia, USA
CAGR: 5.5%
Revenue (2023): $97.29 billion
UPS is a global leader in logistics, offering a broad range of solutions including transporting packages and freight, facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. UPS has continuously innovated to enhance its last mile delivery services, leveraging technology and automation to improve efficiency.
- DHL
Headquarters: Bonn, Germany
CAGR: 6.2%
Revenue (2023): $92.6 billion
DHL, part of Deutsche Post DHL Group, is one of the world's leading logistics companies. Its last mile delivery services are renowned for their reliability and speed. DHL’s use of drones and electric vehicles in its delivery fleet demonstrates its commitment to sustainability and innovation.
- FedEx
Headquarters: Memphis, Tennessee, USA
CAGR: 5.7%
Revenue (2023): $93.5 billion
FedEx is a global courier delivery services company known for its overnight shipping service and pioneering a system that could track packages and provide real-time updates on package location. FedEx’s last mile delivery services are critical for e-commerce and retail industries, ensuring timely delivery of packages.
- Kuehne + Nagel
Headquarters: Schindellegi, Switzerland
CAGR: 4.8%
Revenue (2023): $29.8 billion
Kuehne + Nagel is a global transportation and logistics company with a strong presence in the last mile delivery market. The company leverages advanced technology to provide efficient and reliable delivery services, catering to a wide range of industries.
- SF Express
Headquarters: Shenzhen, China
CAGR: 7.1%
Revenue (2023): $23.3 billion
SF Express is one of the leading logistics service providers in China, specializing in express delivery. The company's robust network and advanced technology ensure efficient last mile delivery services, making it a preferred choice for many businesses.
- XPO Logistics
Headquarters: Greenwich, Connecticut, USA
CAGR: 4.9%
Revenue (2023): $12.5 billion
XPO Logistics is a top ten global logistics provider of cutting-edge supply chain solutions to the most successful companies in the world. Its last mile delivery service focuses on heavy goods, offering end-to-end solutions that enhance customer experience.
- DB Schenker Logistics
Headquarters: Essen, Germany
CAGR: 5.1%
Revenue (2023): $19.6 billion
DB Schenker is a division of the German rail operator Deutsche Bahn AG that focuses on logistics. It provides innovative supply chain solutions, including last mile delivery services, which are essential for e-commerce and retail businesses.
- Nippon Express
Headquarters: Tokyo, Japan
CAGR: 3.9%
Revenue (2023): $17.8 billion
Nippon Express is a Japanese global logistics services company. Its last mile delivery services are integral to its logistics solutions, providing reliable and efficient delivery to meet the growing demands of customers worldwide.
- GEODIS
Headquarters: Levallois-Perret, France
CAGR: 5.4%
Revenue (2023): $13.7 billion
GEODIS, a subsidiary of SNCF Logistics, is a global supply chain operator. It offers a comprehensive range of logistics services, including last mile delivery, that improve efficiency and customer satisfaction.
- CEVA Logistics
Headquarters: Marseille, France
CAGR: 4.2%
Revenue (2023): $7.4 billion
CEVA Logistics is a global logistics and supply chain company with a strong presence in last mile delivery services. Its innovative solutions ensure timely and efficient delivery of goods, enhancing the overall customer experience.
- J.B. Hunt (JBI, DCS & ICS)
Headquarters: Lowell, Arkansas, USA
CAGR: 6.0%
Revenue (2023): $13.1 billion
J.B. Hunt Transport Services, Inc. is a leading logistics company in North America. Its last mile delivery services, provided through its JBI, DCS, and ICS segments, are essential for the transportation of a wide variety of goods.
- Agility
Headquarters: Sulaibiya, Kuwait
CAGR: 5.7%
Revenue (2023): $5.2 billion
Agility is a global logistics company that provides supply chain solutions, including last mile delivery services. Its innovative approaches and use of technology ensure efficient and reliable delivery of goods.
- China POST
Headquarters: Beijing, China
CAGR: 7.4%
Revenue (2023): $68.8 billion
China POST is the state-owned enterprise operating the official postal service of China. Its extensive network and efficient last mile delivery services make it a crucial player in the logistics industry, especially in China’s vast and diverse market.
- Hitachi Transport System
Headquarters: Tokyo, Japan
CAGR: 4.1%
Revenue (2023): $6.8 billion
Hitachi Transport System is a global logistics company providing comprehensive logistics services, including last mile delivery. Its advanced logistics solutions ensure efficient and timely delivery of goods, catering to a wide range of industries.
- DSV
Headquarters: Hedehusene, Denmark
CAGR: 5.6%
Revenue (2023): $16.4 billion
DSV is a Danish transport and logistics company offering transport services worldwide by road, air, sea, and train. Its last mile delivery services are known for their efficiency and reliability, making it a preferred logistics partner for many businesses.
- YTO Express
Headquarters: Shanghai, China
CAGR: 8.0%
Revenue (2023): $9.5 billion
YTO Express is one of the leading express delivery companies in China. Its extensive network and advanced logistics solutions ensure efficient last mile delivery services, catering to the growing e-commerce market in China.
- Panalpina
Headquarters: Basel, Switzerland
CAGR: 4.5%
Revenue (2023): $7.0 billion
Panalpina is a global freight forwarding and logistics company offering supply chain management and logistics services, including last mile delivery. Its innovative solutions and extensive network ensure efficient and reliable delivery of goods.
- Toll Holdings
Headquarters: Melbourne, Australia
CAGR: 4.7%
Revenue (2023): $7.5 billion
Toll Holdings is an Australian logistics company offering comprehensive logistics services, including last mile delivery. Its innovative solutions and advanced technology ensure efficient and reliable delivery of goods, enhancing customer satisfaction.
- Expeditors International of Washington
Headquarters: Seattle, Washington, USA
CAGR: 5.0%
Revenue (2023): $10.1 billion
Expeditors International of Washington is a global logistics company offering a wide range of supply chain solutions, including last mile delivery services. Its efficient and reliable delivery services are critical for the timely delivery of goods.
- GEFCO
Headquarters: Courbevoie, France
CAGR: 3.8%
Revenue (2023): $5.5 billion
GEFCO is a global logistics and supply chain company offering a wide range of services, including last mile delivery. Its innovative solutions and extensive network ensure efficient and reliable delivery of goods, catering to a wide range of industries.
- ZTO Express
Headquarters: Shanghai, China
CAGR: 8.2%
Revenue (2023): $10.9 billion
ZTO Express is one of the leading express delivery companies in China. Its extensive network and advanced logistics solutions ensure efficient last mile delivery services, catering to the growing e-commerce market in China.
- STO Express
Headquarters: Shanghai, China
CAGR: 7.8%
Revenue (2023): $7.7 billion
STO Express is a leading express delivery company in China. Its robust network and advanced logistics solutions ensure efficient last mile delivery services, making it a preferred choice for many businesses.
- Dachser
Headquarters: Kempten, Germany
CAGR: 4.9%
Revenue (2023): $8.1 billion
Dachser is a global logistics provider offering a comprehensive range of services, including last mile delivery. Its innovative solutions and extensive network ensure efficient and reliable delivery of goods, enhancing customer satisfaction.
- C.H. Robinson Worldwide
Headquarters: Eden Prairie, Minnesota, USA
CAGR: 5.3%
Revenue (2023): $16.6 billion
C.H. Robinson Worldwide is a global logistics company offering a wide range of supply chain solutions, including last mile delivery services. Its efficient and reliable delivery services are critical for the timely delivery of goods.
- Sinotrans
Headquarters: Beijing, China
CAGR: 6.5%
Revenue (2023): $10.3 billion
Sinotrans is a leading logistics service provider in China offering a wide range of logistics solutions, including last mile delivery. Its extensive network and advanced technology ensure efficient and reliable delivery of goods.
- Yusen Logistics
Headquarters: Tokyo, Japan
CAGR: 4.3%
Revenue (2023): $5.4 billion
Yusen Logistics is a global logistics company offering comprehensive logistics services, including last mile delivery. Its innovative solutions and extensive network ensure efficient and reliable delivery of goods, catering to a wide range of industries.
- JD.com
Headquarters: Beijing, China
CAGR: 8.5%
Revenue (2023): $149.3 billion
JD.com is a leading e-commerce company in China with a robust logistics network. Its last mile delivery services are known for their efficiency and reliability, ensuring timely delivery of goods to customers across China.
Conclusion
The landscape of last mile delivery transportation is constantly evolving, driven by advancements in technology and increasing customer expectations. The top 27 companies listed above are at the forefront of this evolution, leveraging their extensive networks, innovative solutions, and commitment to customer satisfaction to stay ahead in the competitive market. As e-commerce continues to grow and consumer demands become more complex, these companies will play a crucial role in shaping the future of logistics and last mile delivery services.