7 Logistics Business Success Stories [2024]

Updated: November 19th, 2023
Start A Logistics Business

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.

Here are some real life success stories of starting a logistics business:

1. 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 they make: $1.8M/year
Current team size: 17

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How I Started A $100K/Month Logistics And Delivery Service Company

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.

About
Ben started Velocity International Group over 8 years ago
Revenue
Ben grew the business to $150K/month
Read by 11,972 founders

2. WebXpress ($1M/year)

How much they make: $1M/year
Current team size: 81

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This SaaS tracks 5m truck shipments per month, $1m in ARR across 100 enterprise customers

WebXpress, a Mumbai-based SaaS provider for transportation and logistics, has over 10,000 daily users in 8 countries in SE Asia, the Middle East, and Africa, with 80+ customers and 5+ million transactions handled daily.

About
Apurva started WebXpress about 20 years ago
Revenue
Apurva grew the business to $83.3K/month
Read by 415 founders

So... can you actually make money with a logistics business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

3. Semicab ($1.53M/year)

How much they make: $1.53M/year
Current team size: 22

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Trucking Software Goes $0 to $1.4m in 11 Months, $35m Valuation

Trucking-focused SaaS company SemiCab went from a $400,000 project value at the end of 2020 to handling $1 million worth of loads each month in under a year, thanks to a two-year testing period and funding from technology, financial, and supply chain investors.

About
Ajesh started Semicab about 6 years ago
Revenue
Ajesh grew the business to $127K/month
Read by 732 founders

So... can you actually make money with a logistics business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. 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 they make: $24M/year
How much did it cost to start: $5K
Current team size: 28

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I Built A $24M/Year Branding And Fulfillment Company [Based In China]

"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."

About
Philip started Honest FulPhilment almost 5 years ago
Revenue
Philip grew the business to $2M/month
Costs
It cost Philip $5000 to start the business
Read by 5,069 founders