The logistics sector in Singapore is currently worth an estimated USD 61.77 billion and is expected to grow at 4.32% to reach USD 84.7 billion by 2028. It consists of a wide variety of companies, including:
- Container Shipping Companies
- Freight Forwarders
- Third-Party Logistics Providers (3PLs)
- Freight Brokerage Firms
- Courier and Parcel Delivery Services
- Air Cargo Companies
- Rail and Intermodal Logistics Providers
- Cold Chain Logistics Providers
- Project Cargo and Heavy Lift Specialists
- E-commerce Fulfillment Centers
- Chemical Logistics Providers
- Maritime Services and Support Companies
- Customs Brokers and Compliance Experts
- Packaging and Crating Services
- Warehousing and Distribution Centers
In this comprehensive guide, we’ll delve into the profiles of the top logistics companies in Singapore, their services, and the key factors to consider when evaluating logistics partners in Singapore.
Profiles of the Top Logistics Companies in Singapore
These companies are some of the largest and most established logistics and freight companies operating in Singapore and do not represent all the types of logistics and freight companies in the previous section.
1. APL (American President Lines)
APL, a subsidiary of CMA CGM Group, is one of the world’s leading container shipping and logistics companies. Founded in 1848, it has a rich history of maritime excellence and is headquartered in Singapore. APL boasts a vast global network in more than 100 countries.
- Container Shipping: APL operates a modern fleet of container vessels, providing reliable and efficient shipping services worldwide.
- Logistics: APL offers end-to-end logistics solutions, including warehousing, distribution, and supply chain management.
- Terminal Operations: The company manages container terminals in key ports worldwide, ensuring seamless cargo handling.
2. Maersk Line
Maersk Line is a Danish-based shipping giant and part of the A.P. Moller-Maersk Group. With a history dating back to 1904, Maersk is renowned for its global reach and commitment to sustainability. Given the country’s importance in international trade, the company has a significant presence in Singapore.
- Container Shipping: Maersk operates one of the world’s largest and most modern container fleets, connecting businesses worldwide.
- Logistics: Maersk offers comprehensive solutions, from freight forwarding to customs brokerage and supply chain management.
- Digitalisation: Maersk is at the forefront of digital innovation, utilising technology to optimise shipping and logistics processes.
3. CMA CGM
CMA CGM is a French container transportation and shipping company founded in 1978. It is one of the largest container shipping companies globally and maintains a significant presence in Singapore. The company is known for its commitment to sustainability and environmental initiatives.
- Container Shipping: CMA CGM operates a vast fleet of container vessels, providing shipping services on major trade routes.
- Logistics: The company offers various logistics services, including freight forwarding, warehousing, and e-commerce solutions.
- Sustainability: CMA CGM is actively involved in reducing its environmental footprint through cleaner technologies and sustainable practices.
4. Evergreen Marine Corporation
Evergreen Marine Corporation is a Taiwanese container shipping company established in 1968. The company is recognised for its distinctive green-coloured containers and environmental efforts. It has a strong presence in Singapore, serving as a vital link in global trade.
- Container Shipping: Evergreen operates a diverse fleet of container vessels, providing worldwide shipping services.
- Logistics: The company offers integrated logistics solutions, including land transportation, warehousing, and distribution.
- Sustainability: Evergreen is committed to environmental responsibility, investing in eco-friendly technologies and practices.
5. Mediterranean Shipping Company (MSC)
Mediterranean Shipping Company (MSC) is a Swiss-based shipping line founded in 1970.It is one of the largest container shipping companies globally, with a substantial presence in Singapore. MSC is known for its extensive network and reliability.
- Container Shipping: MSC operates a massive fleet of container ships, connecting major ports across the globe.
- Intermodal Services: The company offers transportation solutions, including rail and trucking.
- Logistics: MSC provides comprehensive logistics and supply chain services to support global trade.
Hapag-Lloyd, headquartered in Germany, is one of the oldest container shipping companies globally, founded in 1847. The company has a strong presence in Singapore is known for its customer-centric approach. Hapag-Lloyd focuses on digital solutions and sustainability.
- Container Shipping: Hapag-Lloyd operates a modern fleet of container vessels, offering reliable and efficient global shipping services.
- Logistics: The company provides end-to-end logistics services, including supply chain management, warehousing, and distribution.
- Digitalisation: Hapag-Lloyd leverages digital technologies to enhance the efficiency of its shipping and logistics operations.
7. Orient Overseas Container Line (OOCL)
Orient Overseas Container Line (OOCL) is a Hong Kong-based container shipping and logistics company. Founded in 1969, it has become a key player in the international shipping industry. OOCL is known for its commitment to sustainability and environmental stewardship.
- Container Shipping: OOCL operates a modern and efficient container fleet, connecting major ports worldwide.
- Logistics Solutions: The company offers various logistics services, including supply chain management, freight forwarding, and e-commerce logistics.
- Sustainability Initiatives: OOCL actively invests in eco-friendly technologies and practices to reduce its carbon footprint.
8. Yang Ming Marine Transport Corporation
Yang Ming Marine Transport Corporation is a Taiwanese container shipping company with a history from 1972. The company has a significant presence in Singapore and focuses on modernisation and sustainability. Yang Ming operates a global network of shipping services.
- Container Shipping: Yang Ming maintains a fleet of container vessels, providing comprehensive shipping solutions.
- Logistics and Supply Chain: The company offers logistics and supply chain services, including distribution, warehousing, and cargo consolidation.
- Environmental Initiatives: Yang Ming is dedicated to reducing its environmental impact by adopting cleaner technologies and sustainable practices.
9. PIL (Pacific International Lines)
PIL, a Singaporean-based container shipping and logistics company, was founded in 1967. The company has a strong presence globally in its home country, serving as a key player in the maritime industry. PIL is known for its global network and customer-centric approach.
- Container Shipping: PIL operates a diverse fleet of container vessels, offering shipping services on major trade routes.
- Logistics and Supply Chain: The company provides comprehensive logistics solutions, including warehousing, distribution, and supply chain management.
- Global Network: PIL’s extensive global network ensures efficient and reliable cargo transportation.
10. APL Logistics
APL Logistics, a subsidiary of APL, specialises in logistics and supply chain solutions. Founded in 1981, the company is headquartered in Singapore and has a global presence. APL Logistics is recognised for its expertise in supply chain management.
- Logistics Services: APL Logistics offers a wide range of logistics services, including freight forwarding, customs brokerage, and order fulfilment.
- Supply Chain Management: The company specialises in optimising supply chains for various industries, enhancing efficiency and reducing costs.
- Technology Integration: APL Logistics utilises advanced technologies to streamline logistics processes and provide real-time visibility into the supply chain.
11. DHL Supply Chain
DHL Supply Chain is a part of the global logistics and courier company DHL. It operates in over 220 countries, providing comprehensive supply chain and logistics solutions. DHL Supply Chain has a strong presence in Singapore, serving as a business’s key logistics partner.
- Warehousing and Distribution: DHL Supply Chain offers state-of-the-art warehousing and distribution services, including inventory management and order fulfilment.
- Freight Forwarding: The company provides global freight forwarding solutions to ensure smooth cargo transportation.
- Contract Logistics: DHL Supply Chain specialises in designing and managing supply chain solutions tailored to the unique needs of its clients.
12. Toll Group
Toll Group is an Australian-based logistics and transportation company with a global presence. The company has been operating for over 130 years and is known for its expertise in complex logistics challenges. Toll Group has a significant presence in Singapore, offering a range of logistics services.
- Freight Forwarding: Toll Group provides international freight forwarding services, managing the movement of goods across borders.
- Express Delivery: The company offers express courier and parcel delivery services to meet urgent shipping needs.
- Specialised Logistics: Toll Group handles complex and specialised logistics requirements, including project cargo and temperature-controlled transport.
Note: Please note that inclusion in this list does not imply an official endorsement by Luwjistik. These companies have been selected based on their widespread popularity and general opinion. We value your input if you believe any deserving ones have been left out.
Factors for Evaluating Logistics and Freight Partners in Singapore
These factors’ role in any decision-making process will vary depending on your business requirements.
1. Industry Expertise and Specialization
One of the fundamental factors to consider when evaluating logistics and freight partners in Singapore is their industry expertise and specialisation. Determine whether the partner has experience handling the type of goods your business deals with.
Different industries have unique requirements, such as temperature-controlled logistics for pharmaceuticals or specialised handling for heavy machinery. Ensure that the partner’s expertise aligns with your industry’s specific demands.
2. Reputation and Track Record
A logistics and freight partner’s reputation and track record are critical indicators of their reliability and performance. Research their history, including their years in operation and notable clients.
Customer reviews, case studies, and references can provide valuable insights into their track record. A partner with a strong reputation will more likely deliver consistent, high-quality services.
3. Geographic Coverage
Consider the partner’s geographic coverage and distribution network. Assess whether their service areas align with your business’s shipping destinations and requirements.
For companies with global supply chains, partners with a worldwide presence and access to major trade routes may be preferable. Local partners should deeply understand Singapore’s logistics infrastructure and customs regulations.
4. Technology and Digital Capabilities
Technology is vital in logistics and freight operations in today’s digital age. Evaluate a partner’s technological capabilities using advanced systems, tracking tools, and data analytics.
Partners that offer real-time visibility into shipments, inventory management, and predictive analytics can help you make informed decisions and optimise your supply chain more effectively.
5. Warehousing and Storage Facilities
Warehousing and storage are integral components of logistics. Assess a partner’s warehousing facilities regarding capacity, location, security, and technology integration.
Ensure they meet your inventory storage and management needs, whether short-term storage, cross-docking, or long-term warehousing.
6. Transportation Modes and Fleet
The modes of transportation a logistics partner offers are crucial. Determine if they provide various transportation options like road, rail, sea, and air freight.
The size and condition of their fleet also matter. Well-maintained and modern transport vehicles are more likely to ensure goods’ safe and timely delivery.
7. Compliance and Regulations
Logistics and freight operations are subject to numerous regulations and compliance standards, including customs, safety, and environmental regulations.
Evaluate whether the partner complies with these regulations and has robust processes. A reliable partner should firmly commit to compliance, reducing the risk of delays or legal issues.
8. Cost Structure and Pricing Transparency
Understand the partner’s cost structure and pricing model. Assess whether they provide transparent pricing and detailed cost breakdowns.
Hidden fees or unexpected charges can significantly impact your logistics budget. Seek partners who offer competitive pricing while maintaining service quality.
9. Service Level Agreements (SLAs) and KPIs
Service level agreements (SLAs) and key performance indicators (KPIs) are essential for setting expectations and measuring a partner’s performance.
Define clear SLAs that outline specific service commitments, such as delivery times, accuracy, and response to disruptions. Regularly review and assess KPIs to ensure the partner meets or exceeds agreed-upon standards.
10. Scalability and Flexibility
Your business’s logistics requirements may change due to growth, seasonality, or market shifts. Evaluate a partner’s ability to scale their services and adapt to your changing needs. A flexible partner can help you navigate demand and market dynamics fluctuations effectively.
11. Risk Management and Contingency Planning
Logistics operations inherently involve risks, such as disruptions in the supply chain due to natural disasters, labour strikes, or geopolitical events. Assess the partner’s risk management strategies and contingency plans for handling unforeseen circumstances.
Partners with robust risk mitigation measures and disaster recovery plans are more likely to maintain supply chain continuity.
12. Sustainability Initiatives
Sustainability has become a significant consideration in logistics and freight operations. Evaluate a partner’s commitment to sustainability, including their efforts to reduce carbon emissions, promote eco-friendly practices, and adopt green technologies.
Sustainability initiatives not only benefit the environment but can also enhance your brand’s reputation.
13. Customer Support and Communication
Effective communication and responsive customer support are vital when issues or inquiries arise. Evaluate the partner’s customer support capabilities, including accessibility, responsiveness, and communication channels.
Partners that offer dedicated account managers or 24/7 customer service can be valuable in addressing your concerns promptly.
14. References and Case Studies
Request references and case studies from potential logistics and freight partners. Contact existing clients to gather feedback on their experiences. Case studies can provide insights into how the partner has addressed challenges and delivered solutions for similar businesses.
15. Cultural Compatibility
Cultural compatibility can impact the working relationship between your company and the logistics partner. Assess whether the partner’s corporate culture aligns with your values, work ethic, and communication style. A harmonious partnership is more likely to foster collaboration and successful outcomes.
16. Financial Stability
Examine the financial stability of potential partners. A financially sound partner is better equipped to invest in infrastructure, technology, and talent to support your logistics needs. Consider reviewing their financial statements and creditworthiness.
17. Continuous Improvement and Innovation
Look for partners that demonstrate a commitment to continuous improvement and innovation. Partnerships should evolve to meet changing market demands and leverage emerging technologies for efficiency gains. Partners actively seeking ways to enhance their services can contribute to your long-term success.
18. Transparency and Data Security
Data security is crucial in logistics and freight operations, where sensitive information is often exchanged. Ensure the partner has robust data security measures and adheres to data protection regulations. Transparency in data sharing and information flow is essential for a trusting partnership.
How Luwjistik Helps
Luwjistik is a logistics platform solution designed to streamline processes and establish connections between companies and a network of service providers, offering a comprehensive platform to simplify your decision-making process when choosing the proper logistics and freight company in Singapore.
Here’s how Luwjistik can assist you:
- Unified API
- Luwjistik streamlines your delivery operations by offering a Unified API, allowing seamless integration with multiple delivery service providers through a single interface. This simplification reduces complexity, making it easier to compare and select the most suitable logistics and freight partner worldwide, including Singapore. It enhances the efficiency of your supply chain and logistics processes without additional resources.
- Luwjistik’s Marketplace connects logistics service providers to a diverse network of over 80 partners across 22 countries and Singapore. This extensive network offers a wide range of logistics and freight options and transparent cost management, facilitating well-informed decision-making.
- L-Freight offers an all-in-one platform for businesses engaged in B2B shipments. This platform streamlines selecting suitable freight, submitting comprehensive shipment orders, and efficiently managing customs documentation. It also provides cost-saving benefits through group buy rates, allowing businesses to optimise transportation costs, thus improving overall operational efficiency for both B2B and B2C shipments within a single logistics framework.