Top 10 Best Transport Companies in India 2023
In the manufacturing value chain, a transport company is an organization that moves goods from one place to another. The industry’s delivery length between consumption and production has been growing year over year as time goes on, which drives up demand for best transportation and contributes to driver shortages.
Logistics refers to moving goods from the manufacturer to the consumer, including storage, transportation, handling, packaging, and information exchange.
Airlines carry out less than 1% of the world’s cargo, but they account for 40% of the value, making them an essential step in the shipping process. The range of modern transportation firms includes small-scale freight operations and personal dispatch, moving, and storage services. You have a wide range of possibilities depending on how interested you are in starting a new business. This manual will show you how to organize and launch a transportation business from scratch.
Since there are many different types of transportation enterprises, you can choose to focus on one particular one or a crucial sector.
What Perform Transport Businesses?
Companies in the transportation sector carry individuals or objects from one location to another. They may provide services to particular travelers, other companies, or foreign trading partners. A transportation business might specialize in a range of activities, including offering individual ridesharing services, shipping consumer goods, and sending supplies and goods over international borders. The type of customers a transportation company serves or the type of regular service it provides are commonly used to define the business.
Transportation Industry Businesses
We will categorize transportation enterprises into three broad groups for the sake of this guide.
The various forms of transportation companies are:
- Personal transportation: This category comprises one-on-one services tailored to people or small groups, such as limos, ridesharing, and taxi services.
- Local transportation: This category serves local markets by moving products such as consumer goods, resources, and livestock. Depending on the materials given, the prospects can be private or commercial.
- Global transport: Companies that specialize in global transportation combine elements of the other groups on a global scale. International companies could supply air or sea freight delivery.
To comply, each group might need a thorough understanding of local, national, or even worldwide regulations. You can plan your future steps based on your areas of interest and expertise.
The Top 10 Transportation Companies in India are listed here. Before that, consider the logistics sector. Due to the large percentage of the unorganized sector (80%), the logistics sector in India continues to be very inefficient on a macro level. Due to the underdevelopment of alternate ways of transportation, roads are heavily used.
Industries in Logistics
The industry grew at a CAGR of 7.8% during the prior five years, reaching $340B in 2017. By 2025, it is anticipated to rise by another 8% CAGR to $650 billion. The sector contributes a sizeably large portion of the nation’s GDP, up to 13% in 2017. China (30%), the United States (37%), and Europe (10%) are the other countries. So, this is a list of logistics companies.
1. Container Corporation of India Ltd.
The Container Company of India Ltd. (CONCOR) was established in March 1988 in accordance with the Companies Act and started operating in November 1989 after assuming control of the Indian Railways’ previous network of seven ICDs. In terms of sales in the most recent year, it is the largest shipping company in India.
- Revenue: Rs 6,956 Cr
- Market capitalization: Rs 34,772 Cr.
- ROE: 12.51 %
- Three-year sales growth: 3.48%
- Promoter ownership: 54.80%
- Price to market price is 3.62
- Debt to Equity is 0.01
India’s market leader is the most extensive system of 84 ICDs/CFSs (75 terminals and nine strategic tie-ups). It has grown to include managing ports, building air cargo hubs, developing cold chains, and offering inland rail transport for containers. It is one of India’s top logistics companies.
2. Allcargo Logistics Ltd.
In the private sector, Allcargo ranks first and second among functional description companies in India and is the world leader in LCL consolidation. The business develops cutting-edge and flexible services to meet your supply chain requirements.
- Revenue: Rs 6,895 Cr.
- Market capitalization: Rs 2,328 Cr
- ROE: 11.59 %
- Three-year sales growth: 6.92%
- Promoter ownership: 70.01%
- Price to market price is 1.10
- Debt to Equity is 0.39
Through ECU Worldwide, Allcargo has a robust system of 300+ offices spread throughout 160+ countries. It ranks second among the top logistics providers in India.
3. Aegis Logistics Limited
Aegis Logistic Ltd. was established in 1956, and since 1978, shares of the Company have been traded on the Stock Exchange of Bombay. The National Stock Exchange also has its shares for trading. By revenue, it ranks third among Indian logistic companies.
- Revenue: Rs. 6,846 crore.
- Market cap: $5,949 billion
- ROE: 17.04 %
- Promoter ownership: 59.57%
- Price to books value: 3.94
- Debt to equity ratio 0.10
India’s oil, gas, and chemical industries rely on this Company, a member of the Aegis Group, as a top supplier of supply chain and logistics services. One of the most extraordinary logistics companies is Aegis.
4. Mahindra Logistics Limited
One of the leading 3PL solution providers in India is Mahindra Logistics Ltd. The CRISIL Report estimates that the Indian logistics market was worth INR 6.40 trillion in FY 2017. A member of the Mahindra Group is the Company. Mahindra Logistics Ltd. was established in 2000 with a concentration on rural shipping.
- Revenue: Rs 3,822 Cr.
- Market capitalization: 2,836 Cr.
- ROE: 18.47 %
- Three-year sales growth: 22.48%
- Promoter ownership: 58.52%
- The price-to-market price is 5.58
- Debt-to-equity ratio is 0.22.
Business People Transport Solutions and Supply- Chain Management (SCM) are the two separate business categories that Mahindra Logistics operates in (PTS). It ranks fourth among the top logistics firms in India.
5. Transportation Corporation of India Ltd.
Founded as a “One Man, One Vehicle, One Office” business in 1958. By becoming an integral component of the clients’ logistics process, TCI has further advanced within its sector both internally and externally beyond boundaries to support businesses among numerous industry verticals.
It contains a wide range of occupations, utilizing cutting-edge modern technologies and offering creative company solutions. It ranks among the top five of the top ten logistics firms in India for 2019.
- Revenue: Rs 2,797 Cr.
- Market capitalization: Rs 2,151 Cr
- ROE: 17.51 %
- Three-year sales growth: 16.82%
- Promoter ownership: 66.84%
- Debt to equity is at 0.41%.
- Price/Book Value Ratio: 2.22
The top provider of comprehensive supply chain solutions across many modes in India. With a solid squad of 6000+ trained personnel, a vast network of 1400+ corporation offices, and 12 million square. Ft. of warehouse space, the TCI group, has expanded its horizons to provide seamless intermodal transport options in both Indian and global marketplaces.
6. VRL Logistics Ltd
In 1976, Dr. Vijay Sankeshwar established VRL in the small North Karnataka town of Gadag with just one truck. VRL has widened its service area to include Belgaum, Hubli, and Bangalore. Currently, with a fleet of 4835 cars, he is India’s largest commercial vehicle fleet owner (Including 362 Passenger Transport Vehicles & 4473 Goods Logistics Vehicles, amongst others).
- Revenue: Rs 2,128 Cr.
- Market capitalization: 2,380 Cr
- ROE: 14.87 %
- Three-year sales growth: 6.99%
- Promoter ownership: 68.05%
- Equity to debt is 0.55
- Price to book significance: 3.58
VRL is listed as the largest navy owner of heavy trucks in India’s private sector in the Limca Record Book. The 3PL & Warehousing improving the properties by VRL are customized to meet the specific requirements of its wide range of clients. Utilize a network of 929 Outlets and franchisees to serve your important clients.
7. TCI Express Ltd.
TCI was founded in 1958 as a “One Man, One Vehicle, One Office” business. Today, TCI is a pioneer in the Indian cargo transportation industry and a top provider of integrated logistics and supply chain solutions. Over 5000 devoted employees work for TCI. They are operating a network of 4 cargo vessels, 7000 trucks, and 10 million square feet of warehouse space.
- Revenue: Rs 1,055 Cr.
- Market capitalization: Rs 2,908 Cr
- ROE: 30.83 %
- 3-Year Sales Growth: 7.55%
- Promoter ownership: 66.89%
- The price-to-market price : 9.38
- Debt to equity is 0.01.
TCI provides seamless multi-modal Logistic services by utilizing its vast infrastructure. TCI, an ISO 9001:2008 organization, is listed on the National Stock Exchange and the Bombay Stock Exchange, two prestigious stock exchanges. It is among the top 10 logistics firms in India for 2019.
8. Gated Logistics Services
The only logistics mediator in all of India with three verticals that work in harmony and can be linked together is Gateway Distriparks Limited. These verticals are Cold Chain Storage and Logistics, Inland Container Depots with rail motion containers to major sea ports, and Container Freight Stations (CFS).
- Revenue: 917 crores
- Market capitalization: 955.72 crores
- ROE: 8.46 %
- Three-year sales growth: 3.54%
- Promoter ownership: 30.00%
- Equity to debt is 0.67
- 0.71 prices to valuation
Logistics With an overall capacity of more than 600,000 TEUs, the Company runs two inland container stations in Navi Mumbai, one in Chennai, one in Krishnapatnam, one in Kochi, and one in Visakhapatanam. These CFSs include empty handling, general and bond warehousing, transportation and storage, and a number of value-added services. It is one of Chennai’s top 10 logistics companies.
9. Future Distribution Network Solutions Ltd.
The largest organized third-party logistics and supply chain service provider in India. Provide various customers with automated and IT-enabled distribution, warehousing, and other logistics solutions.
The service offerings, warehousing layout, pan-Indian distribution network, “hub-and-spoke” transportation architecture, and automated technological tools of Future Supply Chain Technologies Ltd. maintain a competitive market position.
Operate across many industries in India, such as retail, clothing and fashion, automotive and construction, food and drink, fast-moving consumer products (FMCG), e-commerce, healthcare, computers and technology, home furnishings, and ATMs.
- Temperature-controlled logistics
- Express logistics
- Contract Logistics
Promoted by Kishore Biyani’s Company, Future Enterprises Limited. It is one of India’s top 10 logistics firms for 2019.
10. Adani Logistics Company
Adani Logistics Ltd (ALL) is a provider of end-to-end logistics services for the container, bulk, bulk cargo, chemical, auto, and liquid industries throughout India. At Patli, Kishangarh, Kilaraipur, and Kane, the Logistics Company has built and managed multimodal logistics parks.
- Income: Rs. 582 Cr.
Adani Agri-Logistics Limited was acquired by Adani Logistics Ltd (ALL) in February 2019. (AALL). Largest private railroad company in the US, with 34 container rakes in its fleet (additional 14 container rakes on order). Additionally, the Logistics Company utilizes the GPWIS to operate 4 BOXN-HN rakes and 7 Grain rakes.
Finding the most cost-effective strategy to operate your Company is crucial for business owners. It frequently entails making compromises. Working more efficiently can also mean utilizing services that have been put in place to improve how your organization operates rather than having to grow it to make room for those tasks. In this instance, we’ll examine the benefits of working with a products transport company.
1. Conserve Your Time
You must take into account how long it takes for your Company to grow sufficiently for you to handle product transportation on your own. This will require extensive research, the recruiting and training of new employees, the purchase of a fleet of cars, and the maintenance and upkeep of those vehicles to the highest standards. You can skip all of this and directly benefit from using a product shipping business. You merely assign the labour to someone else and keep concentrating on the other “revenue-generating” components of your Company.
2. It’s economical
You don’t have to impose the expense of maintaining a logistics department on your Company. Access to a wide range of reliable and reasonably priced goods and transportation services is typically not even economically feasible. You can save significant money on road tax, insurance, upkeep, and labor by outsourcing this task to a trustworthy firm like Deliveree.
3. Uphold a High Level of Service
Some people fear that their new partners may not be concerned with maintaining their brand’s reputation by contracting out their delivery companies. You don’t need to be concerned with Deliveree. Because of the training and professionalism of our drivers, you can be sure that every shipment will be handled carefully and that your clients will receive the respect they deserve.
4. Modern software and equipment
As was previously mentioned, expanding into the transportation of products is an expensive endeavour. You have to think about software on top of the usual concerns like cars, taxes, insurance, upkeep, and wages. You’ll have to be able to keep an eye on the performance of your driver, which calls for a software investment. You can avoid it altogether by employing a products transportation business to help you; they ought to have that software set up and ready for you to use.
For instance, Deliveree employs a cutting-edge application that enables you to follow the progress of your products and the driver. Even better, you may interact with them in real-time, submit unique requests, and more!
5. Knowledge
We at Deliveree take great pride in what we do. Several seasoned drivers operate around the clock as part of our skilled logistics staff. You can concentrate your attention on your Company while gaining the advantages of our specialized experience by outsourcing that area of your operation to professionals. Everybody benefits from the situation.
6. Scalability
A logistics company can help you manage high and low periods more effectively. A trustworthy partner will also enable you to adapt quickly to changes in the market or expansion. Due to their nationwide connections and ability to react more swiftly to change, third-party providers can connect you to assets without any additional risk or labour on your behalf.
7. Network Stability
A logistics company will enable you to avoid the time-consuming chore of thoroughly screening carriers to ensure they can match your firm’s needs.
Third-party suppliers can fulfill all of your those of thanks to their vast networks and carrier options. A shipping department can assist you in securing extra capacity because of their previously established networks, which can help you deliver to your most important customers on time.
8. The availability of TMSs and other technology
The financial outlay for the technology required for corporate operations is a substantial expense related to managing an internal logistics operation.
An excellent third-party supplier will have a tech suite, which can spare your Company the initial investment in apps. Customers can track their freight, identify essential performance indicators, and keep tabs on the efficiency of their operations with the help of a reliable provider.
9. Time restoration and labour cost savings
Daily transportation operation management takes a significant amount of time. Hours of attention are required for everything from placing orders to ensuring drivers get to their destinations. However, your business can relieve staff of these responsibilities through a third-party provider, freeing them up to work on other projects.
10. Improved Client Services
Customers increasingly demand lightning-quick delivery, the flexibility to make last-minute changes to their orders, and personalized delivery schedules. They include it in every purchase they place since they not only want it but also expect it. Companies face tremendous difficulty in adjusting their processes to meet customer expectations.
Transport management systems, notably new-generation TMS, can help in this situation. TMS will establish a connection between the systems overseeing warehouses and orders. Selecting the most cost-effective carrier is made simpler by consolidating customer orders. Both consumers and businesses will gain from this action!
The following items will likely be taken from your plate:
- Setting up appointments for pickup and delivery
- Choosing a mode of transportation
- Choosing a carrier
- Communicating with drivers and facilities
- Developing relationships with logistics providers
- Tracking orders and visibility of shipments
- Managing issues
- Billing and paperwork
- Facilitating scalable growth.
- Management of Performance Exceptions
Not every delivery goes as expected. Sometimes orders are turned down, schedules are thrown off, and trucks break down. What matters is how you deal with problems and fix them. The requirement for temporary warehousing may force shippers to look for carriers ready to reclaim the load and another to finish a re-delivery.
It is a lengthy process that may require several steps to resolve. You can intervene on behalf of a customer-focused transportation provider.
Discover How a Logistics Company Can Assist You in Achieving Your Transportation Objectives
A service-oriented transport services business, Zipline Logistics, collaborates strategically with household product brands to improve performance and help them save both time and money. By working with Zipline Logistics, you may do away with the requirement for a sizable transportation department. Your Company will save money and have more time for other crucial activities thanks to collaboration.
