Business Idea: Start A Shipping Company in 2024
A shipping company can be a great business to start. You can get the support and training that you need to run a successful small business. You may already have some of the resources at hand. This could include what you need to transport goods and a vehicle or two that you can use to get these materials from point X to point Y.
Shipping is a crowded industry. Starting your own shipping company isn't as hard as it used to be. With the explosion in eCommerce, there's an increasing demand for small package shipping. Becoming a shipping company entrepreneur has its rewards. Shipping is an area where there's a lot of potentials to earn bounties, it serves as a good source of income.
Revenue & Profitability
How much do shipping companies make?
- On average, successful shipping companies report $11M/year in revenue.
- 100% of shipping companies report being profitable.
Startup Costs
How much does it cost to start a shipping company?
- It can cost as low as $10,000 to start a shipping company.
- It can cost as high as $100,000 to start a shipping company.
Learn more about the costs of a shipping company.
Examples Of Successful Shipping Companies
Successful shipping company businesses and case studies
ShipHero co-founders built their successful e-commerce fulfillment business, offering warehouse management software and outsourced eCommerce fulfillment, growing revenues from zero to $30 million annually, processing over $5 billion of e-commerce gross merchandise volume (GMV) annually while only having received $435,000 in outside capital investment.
DocShipper is a digital freight forwarding and sourcing company that offers a one-stop-shop solution for companies and e-commerce business owners throughout the supply chain, which saw over 700% growth in 2021 with a turnover of $4.9 million.
See full list of successful shipping companies.
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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.
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.
