Introduction
The transport industry is one of the leading sectors in today’s world. The sheer size, diversity, and magnitude of this industry make it difficult to cover all aspects in a single article. In this post, we will discuss some of the most prominent companies that make up the transport market today and their impact on global trade as well as how they operate.
UPS
UPS’s network includes over 400 aircraft that fly daily to more than 400 destinations around the world. The company has operations in over 20 countries and serves customers across every industry segment including consumer goods; retail; healthcare; financial services; telecommunications & IT infrastructure; information technology (IT) hardware & software providers; manufacturing & distribution systems integrators/suppliers
FedEx
It is the largest express shipping company in the world and offers international services in over 220 countries and territories. The name “FedEx” comes from the Latin word for speed, or quickly.
The FedEx Corporation was founded as Federal Express in 1970 by Fred Smith and his wife Linda to provide overnight delivery of packages between major cities throughout America. In 1971 it entered into a contract with Western Union to use their telex network to transmit messages between cities; this allowed its customers who shipped packages via these routes not only to guaranteed arrival times but also to track information on shipments sent through other networks such as UPS or USPS (United States Postal Service).
C.H. Robinson
C.H. Robinson is a global leader in the transportation and logistics industry, with more than 70,000 employees, and operates in over 100 countries. It has a fleet of more than 16,000 trucks with annual revenue of approximately $1 billion USD.
C.H. Robinson’s core business is trucking services for international shipments across North America, Europe, and Asia Pacific regions where it has been operating since 1892!
Schneider National
Schneider National is a truckload carrier and logistics company based in Green Bay, Wisconsin. It was established in 1935 as a trucking company and became the second largest truckload carrier in the United States by 2005.
In addition to its core freight transportation business, it has expanded into other markets over the years through acquisitions such as World Airways (1999), Shippers Transport Corporation (2000), Con-Way Incorporated (2002), Capitol Terminal Services Incorporated (2003), Hercules Transportation Corporation (2003) and Evergreen Illinois Terminal Company LLC known as “EITC” which operates out of Chicago’s O’Hare International Airport terminal facilities along with other terminals throughout Illinois including Peoria International Airport where their EITC subsidiary handles approximately 50% of all shipments entering through that facility each day.”
YRC Worldwide
YRC Worldwide is an American holding company for a group of truckload, LTL, and intermodal freight transportation companies.YRC Worldwide has more than 15,000 employees worldwide and operates under the name of its primary subsidiary YRC Freight Inc., which includes both trucking operations (YRC Freight) and logistics services (Logistics).
J.B. Hunt Transport Services
J.B. Hunt Transport Services is an American trucking company, founded in 1961 by John Ellerkamp and his brother-in-law James Ben Hogan. It operates in the continental United States and Canada.
In 2018, Forbes magazine named J.B. Hunt one of America’s 100 best small companies for 2018 based on financial performance (iStock) .
Swift Transportation Company
Swift Transportation Company was founded in 1981 and is a transportation company based in Phoenix, Arizona. It is a subsidiary of Swift Energy and a member of the American Trucking Associations (ATA).
The company provides regional and intercity commercial trucking services to customers throughout the United States as well as Canada.
Werner Enterprises
Werner Enterprises is a publicly traded American trucking company based in Omaha, Nebraska. It is the largest American trucking company by revenue and operates in the United States and Canada.
Werner’s largest competitor is Paccar Inc., which owns Kenworth Trucks and Peterbilt Motors. The two companies have been fierce competitors since they were founded in 1912 (Paccar) and 1917 (Kenworth), respectively, with Werner entering the market only later on during World War II when it acquired another competing firm called Davis-Standard Company.[1]
Takeaway:
UPS is the world’s largest package delivery company. FedEx is the second largest package delivery company, and C.H. Robinson is the third largest freight brokerage company. Schneider National is the fourth largest truckload carrier in North America, which makes it an excellent investment if you want to diversify your portfolio with exposure to these four services
Conclusion
The world of transportation is changing rapidly and new companies are entering the market every day. It’s important for you to keep up with these changes so that you can stay competitive when it comes time for your company to move or ship its goods around the world. By doing some research into which companies offer what type of service, then choosing one that fits within your budget and needs, or by simply asking someone else who has done business with them before – there really aren’t any bad choices!