5 Biggest Logistics Companies in the World

1. United Parcel Service, Inc. (NYSE: UPS)

We have reached the top of our list of the 25 biggest logistics companies in the world, placing United Parcel Service, Inc. (NYSE: UPS) at number 1. United Parcel Service, Inc. (NYSE: UPS) is an American shipping and SCM company that has over 480,000 employees worldwide. United Parcel Service, Inc. (NYSE: UPS) generated revenues up to $84.6 billion in 2020. The market capitalization for UPS is a whopping $184 billion, the highest on our list.

In the Q2 2021 investor letter of ClearBridge Investments, the fund mentioned United Parcel Service, Inc. (NYSE: UPS). Here is what the fund said:

“We funded the shift primarily with trims in UPS following big gains in this name. UPS is a long-term holding that have been and remain core holdings. During the quarter, however, we took gains and resized the positions to reflect their current risk-reward post strong increases in the stocks.

UPS too has been a core, long-term holding. For many years its stock languished alongside fundamental performance that was both uneven and often uninspiring. Since Carol Tomé took the reins last summer and capitalized on COVID-19-related freight disruptions, UPS’s earnings have soared, and the stock has followed suit. We trimmed the position toward the end of the quarter despite continued near-term momentum and an undemanding valuation multiple. This trim reflects the longerterm risk, though hard to quantify, that Amazon may become a full-fledged competitor and meaningfully disrupt the dynamics of the industry. While not our base case, this risk cannot be disproven. We continue to be very bullish on UPS’s near-term outlook and optimistic about its longer-term outlook, while also continually looking over our shoulder to make sure Amazon is not on our heels.”

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