7 Logistics Business Success Stories [2024]
Logistics businesses focus on transportation and storage/warehousing, which are critical components of the supply chain. Without elaborate logistics, businesses will deliver goods to their customers efficiently and reliably.
A logistics business connects manufacturers and consumers through transportation and safe storage of products. Logistics may be a good place to start if you are interested in a supply chain-related business but not sure which one. You can work as a driver, connect manufacturers to storage warehouses and transportation companies, etc.
In this list, you'll find real-world logistics business success stories and very profitable examples of starting a logistics business that makes money.
1. Honest FulPhilment ($24M/year)
and presence on social media platforms like Facebook and Instagram was crucial in attracting and retaining customers. We were able to showcase our expertise and build trust with potential clients through engaging content, timely responses to comments and inquiries, and providing valuable information to the community. Additionally, word-of-mouth referrals played a significant role in bringing in new customers, as satisfied clients spread the word about our exceptional service and results.
How much money it makes: $24M/year
How much did it cost to start: $5K
How many people on the team: 28
"Founder of Honest FulPhilment built a $24M branding and fulfillment company based in China, offering a complete solution with high levels of service and excellent customer satisfaction through communication, onboarding, and product quality."
2. Send Eats ($4.62M/year)
Chris Koerner came up with the idea for Send Eats when a friend asked for help selling his product online. Seeing the potential for eCommerce, especially during the COVID-19 pandemic, Koerner scaled the business from packing a few orders per month to tens of thousands. They prioritize customer service and have never lost a customer, with plans to expand into a larger warehouse and acquire more eCommerce brands.
How much money it makes: $4.62M/year
How much did it cost to start: $1K
How many people on the team: 8
Learn how Send Eats grew from packing dozens of orders per month to tens of thousands, with a monthly revenue of $385k, by providing lightning-fast order fulfillment for eCommerce brands primarily within Shopify, and how they utilized their personal network and went from shipping out of a bread factory to their own 30,000 sq ft warehouse.
3. Velocity International Group ($1.8M/year)
Ben Elizer, the founder of Velocity International Group, came up with the idea for his logistics company after working at another logistics company for almost five years. He wanted more responsibility and growth opportunities, so he decided to start his own company using the knowledge he had acquired. Despite facing financial difficulties and having to move back in with his mom, Ben put everything he had into Velocity and it has since grown into a successful business, with revenue increasing by over 300% in the past two years.
How much money it makes: $1.8M/year
How many people on the team: 17
How a logistics company grew its revenue over 300% in 2 years, starting with just 2 vans and 25k+ square feet of warehouse space, and focused on relationships, efficiency, and building trust with its customers.
4. LuggageHero ($1.2M/year)
Jannik Lawaetz, the CEO and Co-Founder of LuggageHero, came up with the idea for his business after experiencing the inconvenience of dragging his luggage around while traveling. His lightbulb moment came when he was stranded outside an Airbnb apartment with his luggage and had to convince a local shop owner to store his bags. Since then, LuggageHero has grown to over 40 locations in major cities across Europe and North America, offering travelers a convenient network of short-term luggage storage options.
How much money it makes: $1.2M/year
How much did it cost to start: $10K
How many people on the team: 12
LuggageHero CEO Jannik Lawaetz founded a network of short-term luggage storage options with +40 locations across the world and raised $2.25 million in funding in 2019, with aims to expand to +1800 locations using a POI algorithm, offering customers value and building a reliable team.
5. Car Shipping Calculator ($240K/year)
Dvir started as a freelancer at a locksmith company, which eventually led him to open his own locksmith business. After receiving an offer to sell the business, he decided to explore advertising and stumbled upon the idea of starting a towing company. However, a frustrating experience with a truck shipping company led him to start Nationwide Auto Transportation, where he now ships approximately 4,000 vehicles per month.
How much money it makes: $240K/year
How much did it cost to start: $100K
How many people on the team: 7
Nationwide Auto Transportation ships approximately 4,000 vehicles per month and has served more than 50,000 customers, offering custom services such as help for clients who cannot find suitable carriers for their vehicle.
6. Parcel Tracker ($72K/year)
Arthur, the co-founder of Deepfinity, came up with the idea for their internal parcel tracking software while in university after seeing the time-consuming process of logging deliveries at their student accommodation. They spent a year validating the product, built an interactive prototype, and even secured a pre-order before developing the software. With a focus on customer satisfaction and innovative sales tactics, they have steadily grown their customer base and are now experimenting with PPC advertising to attract more clients.
How much money it makes: $72K/year
How much did it cost to start: $1K
How many people on the team: 1
Deepfinity, a proptech/logistics company, has developed an internal parcel tracking software tool that's helping large buildings cope with the influx of online shopping, and has been growing 20% MoM since making its first revenue 1.5 years ago, currently making $6K/Month.
7. Assure Shift ($69.6K/year)
Debendra Prasad noticed how fake and unprofessional moving companies plagued the industry, so he founded AssureShift in 2017 to offer verified, reliable movers. Today, AssureShift has a network of 700-800 packers and has served over 50,000 customers across India, generating $250K annually.
How much money it makes: $69.6K/year
How much did it cost to start: $9.7K
How many people on the team: 14
AssureShift founder Debendra Prasad shares insights on building a successful web development and digital marketing company that offers a lucrative online moving companies directory, currently serving over 50,000 customers across approximately 23 cities and a yearly revenue of around 1 Cr ($250K).
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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