German postal and courier service giant Deutsche Post leads this ranking of the largest industrial transportation companies in Europe. As of 2021, it generated revenue of almost 73.7 billion euros, putting it far ahead of its nearest competitor - A P Moeller Maersk. Since becoming privatized in 1995 and merging with express service DHL in 2002, Deutsche Post has grown to become the leading logistics company in the world.
Deutsche Post’s revenue by segment
The express segment is the company’s most profitable division. As of the fourth quarter of 2021, it accounted for almost 30 percent of total revenue. The post and parcel division includes postal delivery service in Germany, where Deutsche Post is responsible for the distribution of some 57 million letters and five million parcels every working day.
Third-party logistics market
Through its DHL supply chain & global forwarding division, Deutsche Post is also the second leading third-party logistics provider in the world. With the advent of e-commerce, third-party logistics (3PL) gives smaller businesses the opportunity to engage in online retailing. In 2020, the European 3PL market was worth some 173.8 billion U.S. dollars.
Leading ten industrial transportation companies in Europe in 2022, by revenue
(in billion euros)
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Financial Times. (October 17, 2022). Leading ten industrial transportation companies in Europe in 2022, by revenue (in billion euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/443678/top-logistics-companies-in-europe-by-turnover/
Financial Times. "Leading ten industrial transportation companies in Europe in 2022, by revenue (in billion euros)." Chart. October 17, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/443678/top-logistics-companies-in-europe-by-turnover/
Financial Times. (2022). Leading ten industrial transportation companies in Europe in 2022, by revenue (in billion euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/443678/top-logistics-companies-in-europe-by-turnover/
Financial Times. "Leading Ten Industrial Transportation Companies in Europe in 2022, by Revenue (in Billion Euros)." Statista, Statista Inc., 17 Oct 2022, https://www.statista.com/statistics/443678/top-logistics-companies-in-europe-by-turnover/
Financial Times, Leading ten industrial transportation companies in Europe in 2022, by revenue (in billion euros) Statista, https://www.statista.com/statistics/443678/top-logistics-companies-in-europe-by-turnover/ (last visited November 21, 2024)
Leading ten industrial transportation companies in Europe in 2022, by revenue (in billion euros) [Graph], Financial Times, October 17, 2022. [Online]. Available: https://www.statista.com/statistics/443678/top-logistics-companies-in-europe-by-turnover/