The growth of e-commerce has led to a surge in demand for cargo transportation services globally. With an increasing number of consumers turning to online shopping, courier companies are faced with the challenge of upgrading their infrastructure and transport capacity to meet the skyrocketing demand for deliveries.
The infographics below depict the largest courier companies in the world by market capitalization, according to data from CompaniesMarketCap.com as of February 9, 2024.
The top three giants in the global courier industry are United Parcel Service (UPS), FedEx, and DHL, with market capitalizations of $126 billion, $60.4 billion, and $54.5 billion, respectively. They are followed by three Asian companies: Japan Post Holdings from Japan, and S.F. Express and ZTO Express from China.
