Top 10 Leading Logistics Companies to Watch In 2023
We are all getting set to usher 2023 in a couple of weeks, and there is no better time than today to chart a bigger and better journey for our audience and our customers. The entire logistics ecosystem has undergone a sea change over the past three decades and today it is not merely a means to transport goods and people, it is greatly influenced by technology and innovation. To facilitate efficient trade between two or more parties, logistics forms an essential trade entrepreneurial activity for the B2B, B2C, and C2C supply management segments. As per the latest insight, the logistics industry is set to exceed $14.5 billion approx. by 2027, giving us enough insight into the magnanimity of this industry. It is not restricted to only land transport but includes air freight and sea transport as well and the economic patterns combined with digitization have made it the backbone of every industry we know today.
In the U.S. alone, the retail logistics market was estimated at $43.17 billion in 2021 and is expected to compound at an annual CAGR of 11% from 2022 to 2030. The growth trajectory shows an increase in demand and supply, beckoning companies to up their innovations in this sector. Today, it is no longer about getting the
goods from one place to another but includes a gamut of activities that are eminent in building and scaling it even further. Logistics companies have to meet the global distribution demand and must have every facility under their umbrella. From storage, warehousing, materials handling, packaging, unitization, inventory management, transport, and information and control, they have to cater to every aspect and keep their customers updated throughout the process.
The notorious manual processes are being replaced by new disruptive technologies with immense innovation. Areas such as artificial intelligence, advanced analytics, augmented intelligence, automation, the latest tracking
systems, and much more are just a few aspects that matter to every logistics organization today. Augmented intelligence is set to surpass $2.9 trillion of business value to lead to an increase of 6.2 billion hours of employee
productivity globally by the end of 2022. Other technological innovations that are capturing the logistics market include digital twins, i.e., replicating the flow of information digitally and identifying the weaknesses and recurring trends to improve future operations; real-time supply chain visibility, blockchain, and so on are set to carve a growing path for the logistics industry globally.
To bring logistics technology to the forefront, we interviewed CIOs, CEOs, Founders, and SMEs in the logistics domain to compile their thoughts and innovations that will make a difference in the future of logistics. Through this issue of CIOInsights, we hope to apprise you of this dynamic industry and the evolving trends that will create a direct impact on the way you conduct business.
Nick Heinz - CEO
Buske Logistics is a privately owned and operated business founded in 1923. Since 2009 the company has experienced a significant transformation with fortune 1,000 standards being implemented under the ownership of S.C. Johnson & Son, Inc. from 2009 to 2015; enhanced systems, process, and people development under the ownership of the current management team since their acquisition of the company in 2015.
Norman Tu - CEO
DCL Logistics leverages its 30+ years of operational expertise and customer commitment, supporting industry pioneers ranging from startups to global brands in launching their products through a variety of sales channels. Based in the heart of Silicon Valley, we’ve built a global footprint with facilities across the US and a network of global partners servicing our clients and their complex distribution requirements. With our experience working with a diverse and dynamic client base in today’s on-demand world, DCL Logistics is equipped to design custom client programs and execute instant, flawless product delivery.
Marc Dedola - CEO
Dedola Global Logistics provides freight management solutions to importers and exporters worldwide. Since 1976, Dedola Global Logistics has offered logistics and freight management solutions to importers and exporters worldwide. Our services include ocean freight, air freight, compliance solutions, and supply chain management. We seek to understand your unique culture and industry in order to optimize your supply chain.
Zia Raza - Director
At Intercargo we combine cutting edge technology with expert teams that understand the freight business. Our system is by design; designed to give our clients an easy to use dashboard that allows them to connect with their partners around the globe. This in turn makes global trade easy and gives deep supply chain visibility to make you successful in your business. We design and implement industry-leading solutions in both freight management and contract logistics.
Greg Lehmkuhl - CEO
Lineage Logistics is the world’s most innovative provider of temperature-controlled supply chains and logistics solutions. We are responsible for storing, handing, and transporting food products around the globe. Our real estate network of 400+ strategically located facilities, expertise in end-to-end logistical solutions, and innovative technology help to increase distribution efficiency, advance sustainability, minimize supply chain waste and help feed the world.
Marco Prueglmeier - CEO
As Noyes, we want to make automation possible for everyone. Our simple but sophisticated automated nano warehouse, Noyes Storage, flexibly adapts to your needs. The modular design makes it possible to fit our storage to any floor plan - starting from 10 sqm. Ensure transparency in your inventory, and increase your storage capacity and your throughput. The secure solution for all times.
Christo Makrides - CEO
Tellworks Logistics began operations in 2005 to fill a logistics and warehousing need in the telecommunications industry for a reverse logistics solution that could handle surpluses of components and equipment. We soon discovered that by adding complementary forward logistics capabilities, we could provide complete inventory visibility and offer the highest quality services.
Laura Shorette - President
Founded in 2001 by Laura Shorette, Time Logistics, Inc. is a freight management provider (3PL) specializing in logistics planning and distribution solutions. We partner with our customers to provide transportation expertise in the multimodal shipping supply chain as well as offering cross-dock, warehouse, and fulfillment services.
Jack Henley - CEO
Trinity Logistics, a Burris Logistics Company, is a leading Third-Party Logistics provider that believes in a people-centric approach to transportation and technology. For the past 40 years, we have arranged global freight solutions to our customers and network of over 70,000 carriers. Trinity provides freight management and managed transportation solutions for major modes including Truckload, Less-than-truckload (LTL), Intermodal, Expedited, and other specialty freight.