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Leading logistics companies in Europe 2018

In 2018, the European logistics market was dominated by the top ten global logistics companies like Deutsche Post, Maersk and Kuehne + Nagel, which had a combined revenue worth 127.4 billion euros.

A.P. Møller – Maersk shipping company

A.P. Møller – Maersk (APM-Maersk) is a Danish shipping company which was founded in 1904. Originally the company performed transportation and logistics services. In 1962, the company expanded its operations and added another division, namely, the energy sector. Most of the company’s profit is generated from transport and logistics services, with roughly 70 percent of the APM-Maersk’s global revenue. Between the fiscal year 2006 to the fiscal year 2019, the revenue figures of APM-Maersk remained somewhat stable, fluctuating around 35 billion U.S. dollars with a high deviation. In the fiscal year 2019, the revenue of the company was over 38 billion U.S. dollars. Interestingly, the assets owned by APM-Maersk declined over the same period, down to 55 million U.S. dollars in 2019. Despite the declining asset size, APM-Maersk was the world’s leading container ship operator based on twenty-foot equivalents (TEUs) capacity, with four million TEUs as of June 3, 2020.

European logistics and transportation market

Efficient and cost-effective global logistics and transportation services play a crucial role in facilitating the industrial economy. In 2018, the size of the European logistics market was over 911 billion euros. The logistics market in Europe has a centuries-long history with strong roots in facilitating the European industrial economy. In 2019, the total value of industrial and logistics investments in Europe was over 38 billion euros. Yet the major logistics services are dependent on economic and industrial performance. Therefore, if there are economic shocks, then it also affects the logistics market relative to an economic shock. For instance, the coronavirus (COVID-19) outbreak affected the global economy with a large magnitude and persistence. The year-on-year freight tonne kilometer (FTK) declined exponentially since the beginning of 2020, down by roughly 42 percent in April 2020 compared to April 2019. Thus, the impact of COVID-19 outbreak had a remarkable impact on the logistics and transportation services as well.

Leading logistics companies in Europe in 2018, by revenue

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Sources

Release date

October 2019

Region

Europe

Survey time period

2018

Supplementary notes

Figures have been rounded.

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Statistics on "Deutsche Post DHL"

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