E-Commerce Logistics

The global e-commerce logistics companies are focusing on developing logistics and supply chain solutions that can handle the increasing volume of online orders

SHERIDAN, WYOMING, UNITED STATES, April 13, 2023 /EINPresswire.com/ -- E-Commerce Logistics Market Outlook:

E-commerce logistics involves the planning, implementation, and control of the movement and storage of products from the source point to the destination. In this process, online retailers, suppliers, and customers work together to manage the flow of goods, information, and funds. Functions of e-commerce logistics include order fulfilment, inventory management, transportation management, and reverse logistics, including product inspection, refurbishment, and reselling or disposal. Online retailers can reach customers worldwide without relying on traditional retail logistics, as e-commerce logistics can reduce their time and cost. The service also allows customers to monitor the status of their orders in real-time, reducing the risk of lost or delayed shipments.

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E-Commerce Logistics Market Trends:

The global e-commerce logistics companies are focusing on developing logistics and supply chain solutions that can handle the increasing volume of online orders. They are increasingly focusing on large-scale freight transportation deliveries within a tight deadline. This can be attributed to the flourishing e-commerce industry leading to the growing consumer preferences for convenient doorstep delivery with one-day or same-day deliveries. Moreover, the increasing number of product sales from overseas retailers resulting in increasing in cross-border e-commerce is creating lucrative growth opportunities in e-commerce logistics. Besides this, the increasing internet penetration and smartphone usage is also providing an impetus to the market. The market is further driven by continual technological advancements in big data analytics, machine learning (ML), and artificial intelligence (AI), enabling logistics companies to optimize their operations. Apart from this, rapid warehouse automation and implementation of material handling robotics is contributing to the market. Some of the other factors contributing to the market include rapid urbanization, favorable government initiatives, inflating disposable income levels and extensive research and development (R&D) activities.

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Top E-commerce Logistics Companies in Worldwide:

1. Agility Public Warehousing Company K.S.C.P.

Establishment: 1979
Headquarters: Safat, Kuwait

2. Amazon.com Inc.

Establishment: 1994
Headquarters: Seattle, Washington

3. C.H. Robinson Worldwide, Inc.

Establishment: 1905
Headquarters: Eden Prairie, Minnesota

4. CEVA Logistics (CMA CGM S.A.)

Establishment: 1978
Headquarters: Marseille, France

5. Detsche Post AG

Establishment: 1995
Headquarters: Germany

6. FedEx Corporation

Establishment: 1971
Headquarters: US

7. Gati Limited

Establishment: 1989
Headquarters: Hyderabad, India

8. Kenco Group

Establishment: 1950
Headquarters: Chattanooga, Tennessee, United States

9. Kuehne + Nagel International AG

Establishment: 1890
Headquarters: Schindellegi, Switzerland

10. Rhenus Group (Rethmann Se & Co. Kg)

Establishment: 1934
Headquarters: Selm, Germany

11. SF Holding Co. Ltd. (Shenzhen Mingde Holding Development Co. Ltd.)

Establishment: 1993
Headquarter: China

12. XPO Logistics Inc.

Establishment: 2000
Headquarters: Greenwich, Connecticut, United States

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