Top Third-Party Logistics Companies in India
India is one of the fastest-growing economies in the world, and its logistics sector plays a vital role in its development. The logistics sector comprises various activities, such as transportation, warehousing, distribution, and supply chain management. However, many businesses face challenges in managing their logistics operations efficiently and effectively. This is when third-party logistics (3PL) companies enter the picture.
What is logistics industry?
The logistics industry is a broad field that includes the planning, coordination, and management of the transportation, storage, and distribution of goods and products. It involves a wide range of activities, including inventory management, transportation, warehousing, packaging, and material handling.
The industry plays a critical role in facilitating the movement of goods and materials from producers to consumers, and it includes various players, such as logistics service providers, carriers, freight forwarders, and third-party logistics providers. The logistics industry is a key part of global trade and commerce, and it is constantly evolving to meet the changing needs of businesses and consumers.
Third-party logistics industry
Third-party logistics industry is service providers that offer outsourced logistics solutions to their clients. They handle various aspects of logistics, such as freight forwarding, customs clearance, inventory management, order fulfillment, and more. By hiring 3PL companies, businesses can focus on their core competencies and reduce their operational costs and risks.
There are many 3PL companies operating in India, offering a range of services and solutions to different industries and sectors. Here are some of the top third-party logistics companies in India that you should know about.
- Stockarea
- Allcargo Logistics
- Mahindra Logistics
- DHL International
- AWL India
- Access Warehousing
- CityXfer
- WareIQ
- KD Logistics
- Blue Dart Express
01. Stockarea
Stockarea is a leading 3PL company that offers warehousing, inventory management, and transportation services across India. Stockarea has a network of over 100 warehouses in 25 cities, covering more than 2 million square feet of space. Stockarea uses a cloud-based warehouse management system that provides real-time visibility and control over inventory and shipments. Stockarea also offers a mobile app that allows clients to track their orders and deliveries anytime, anywhere.
02. Allcargo Logistics
Allcargo Logistics is one of the largest 3PL companies in India, with a global presence in over 160 countries. Allcargo offers a variety of services, such as container freight stations, inland container depots, project cargo management, multimodal transportation, and more. Allcargo has a fleet of over 5,000 vehicles and a network of over 300 warehouses across India. Allcargo also uses advanced technology and automation to enhance its efficiency and quality.
03. Mahindra Logistics
Mahindra Logistics is a subsidiary of Mahindra Group, one of the leading conglomerates in India. Mahindra Logistics provides end-to-end logistics solutions to various industries, such as automotive, e-commerce, consumer goods, pharmaceuticals, and more. Mahindra Logistics has a network of over 14 million square feet of warehousing space and over 10,000 vehicles across India. Mahindra Logistics also leverages digital platforms and analytics to optimize its operations and customer service.
04. DHL International
DHL International is one of the world’s leading 3PL companies, with operations in over 220 countries and territories. DHL offers a comprehensive range of services, such as express delivery, air freight, ocean freight, road freight, contract logistics, e-commerce logistics, and more. DHL has a strong presence in India, with over 400 offices and facilities across the country. DHL also invests heavily in innovation and sustainability to create value for its clients and society.
05. AWL India
AWL India is a 3PL company that specializes in logistics and supply chain management solutions. AWL India offers services such as warehousing, distribution, transportation, reverse logistics, cross-border logistics, and more. AWL India has a network of over 200 warehouses and over 1,500 vehicles across India. The company also uses state-of-the-art technology and systems to ensure safety and security of its operations.
06. Access Warehousing
The company focuses on general business and the specialised demands of the automotive, consumer & retail, oil, healthcare, industrial & aerospace, and technology sectors while leveraging its excellent operational experience to provide best-in-class services over an integrated worldwide network. The nation’s over 200 devoted workers work in several geographic clusters to give organisational excellence and workable solutions to the most difficult supply chain problems. As one of India’s top non-asset-based supply chain management companies, they develop and implement market-leading solutions in both freight management and contract logistics.
07. CityXfer
An intra-city third-party logistics business that specialises in the distribution of volumetric items is called CityXfer. By revolutionising the way goods are carried between customers and businesses, CityXfer is rethinking the world of logistics through the use of innovative and cutting-edge technologies. By relieving customers of all distribution problems and providing just-in-time and just-in-place delivery, the solution sets itself apart from the competitors. This is made possible by their integrated system, which manages a fleet of highly qualified executives in real-time.
08. WareIQ
In 2019, WareIQ, a provider of eCommerce fulfilment services, was founded in Bangalore, Karnataka. The company offers a wide range of logistics and fulfilment services, including last-mile delivery, customised packaging, inventory management, product preparation, shipping, and storage facilities. It features a customised WMS that can automate several warehouse processes and interact with a variety of eCommerce platforms, including Amazon, Flipkart, and others; website builders, like Shopify and WooCommerce; and eCommerce shipping providers, including FedEx and BlueDart.
Additionally, the business partners with over 12 of the biggest shipping carrier facility providers in the sector, and it uses smart courier allocation, which chooses the quickest and least expensive option for each package.
09. KD Logistics
The present headquarters of KD Logistics, which was founded in 2005, are located in Mumbai, Maharashtra. Along with offering third-party logistics services, they place a high priority on client satisfaction. Every service’s quality is extremely important to the business. Every endeavour is viewed as an opportunity and a springboard for accomplishing new objectives.
These principles have helped KD Logistics develop a committed customer base throughout India. They are committed to delivering their clients the most value for their money by providing top-notch service in order to help them become leaders in their respective sectors.
10. Blue Dart Express
With an estimated share of more than 30% among the organised players, Blue Dart Express dominates the domestic courier and logistics market. Reliable fulfilment providers are crucial given the importance of logistics and supply chain management for all manufacturing organisations as well as the growth of e-commerce and home delivery services. Blue Dart Express excels in this area and has made significant investments in infrastructure, systems, and technology to guarantee that it captures an increasing part of the non-document market, which accounts for the majority of its profits, with a top-line CAGR growth of 10.7% over the last six years.
11. Navigators Logistics Co.
Since its establishment in 2008 with a fleet of three ethylene oxide tankers, Navigators Logistics Company Private Limited has grown to operate about 50 vehicles for the transportation of hazardous gases, liquid chemicals and petrochemicals.
The firm has so far received positive comments from the local Gujarati logistics solution businesses. The company is dedicated to offering total client pleasure while handling the material with the highest care. The business has its main office in Ahmedabad and three branch offices spread out over Gujarat. It has intentions to grow into neighbouring states.
Future Of Logistics Industry in India
The logistics industry in India is expected to grow at a CAGR of over 10% from 2020 to 2025, reaching a market size of about USD 255 billion. However, the sector faces many challenges such as high logistics costs, inefficient modal mix, and low adoption of digital technologies.
The COVID-19 pandemic has also disrupted the supply and demand patterns of various sectors and regions, making inventory management and forecasting more difficult. To overcome these challenges, the logistics industry in India needs to adopt technological innovations, optimize warehousing and transportation processes, and diversify its product mix and service offerings.
Final Words
These are some of the top third-party logistics companies in India that can help you streamline your logistics processes and improve your business performance. By partnering with these 3PL companies, you can benefit from their expertise, experience, infrastructure, technology, and network.
FAQs
Q.1- What is third party in logistics?
A third party in logistics refers to a company that provides transportation, storage, and distribution services to support the movement of goods. Third-party logistics providers (3PLs) specialize in logistics services and can offer businesses cost savings, increased efficiency, and access to specialized expertise and technology.
Q.2- Top 10 logistics companies in India 2023
- Stockarea
- Allcargo Logistics
- Mahindra Logistics
- DHL International
- AWL India
- Access Warehousing
- CityXfer
- WareIQ
- KD Logistics
- Blue Dart Express
Q.3- Top 3pl logistics companies in India?
- Stockarea
- Allcargo Logistics
- Mahindra Logistics
- DHL International
- AWL India
- Access Warehousing
- CityXfer
- WareIQ
- KD Logistics
- Blue Dart Express
