The logistics industry is a traditional industry and a labor-intensive industry. Most companies have thousands or even hundreds of employees before their gross revenue exceeds 100 million. There are two logistics companies that are very powerful and have created miracles in the industry. They employ only about fifty people but generate hundreds of millions of dollars in revenue. These two companies can be said to be very legendary companies, and every employee in these two companies has created huge wealth.
The list of the top 100 logistics companies in North America in 2023 has been announced. C.H. Robinson ranks first with gross revenue of $23.874 billion. Followed closely by Expeditors with $17.071 billion. The third place is Kuehn+Nagel with $16.308 billion. UPS ranked fourth this year, with total revenue of $14.294 billion. The results of these giants are within people’s expectations, and these companies have successively shown relatively good performance. In contrast, the ratio of gross revenue to number of employees for a company ranked in the 90s is even more eye-catching. Logistic Dynamics, ranked 93rd, has total revenue of $571 million and only 53 employees. In other words, each person in this company generates an average of $10 million in gross revenue. This data is very amazing and few companies can achieve it. Similarly, TransAmerica Express Logistics, the 97th-ranked company, has revenue of $480 million and only 50 employees. The average income of a person is $10 million. Both companies’ revenue ratios are staggering.
Logistic Dynamics, also known as LDi Freight, is a non-asset-based third-party logistics provider that specializes in transportation management and freight forwarding related services. What they provide is a bridge between agents and carriers, providing integrated services at ports, land transportation, sea transportation and air transportation. They provide high-quality services to customers, agents and operators. TransAmerica Express Logistics is also a company that provides logistics. It is a company that specializes in solving various problems in logistics for customers. Both companies are logistics companies with small employees but huge wealth created, which can be said to have shocked the entire industry.
These two companies are very good representatives of some logistics companies. They play the role of a middleman, gradually expanding the network of agents and operators, and integrating their services from upstream to downstream. Every employee plays an important role in the company. In recent years, due to the development of the Internet, there are more and more light-asset companies that can integrate their own resources and provide customers with upstream and downstream integration. Take the logistics industry as an example, these companies can provide customers with a series of services from suppliers to logistics to the final arrival of goods at the final destination. Service companies that integrate resources are relatively new, so sellers should look for reliable ones when choosing services. That a company of this type and with so few employees can rank among the top 100 in North America shows that its efficiency and output are very high. Sellers still need to make careful choices and not just for low prices.
