Shipping Company

4 Shipping Company Success Stories [2024]

•

Updated: July 23rd, 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.

In this list, you'll find real-world shipping company success stories and very profitable examples of starting a shipping company that makes money.

1. ShipHero ($28.8M/year)

Nicholas Daniel-Richards and Aaron Rubin founded ShipHero in 2013 after experiencing frustrations with legacy warehousing software. They saw a market for a more accessible solution that could work on iPhones or tablets, offering features like order management and integration with e-commerce channels. Since then, ShipHero has grown to bootstrapped revenues of $30 million annually, processing over $5 billion of e-commerce gross merchandise volume annually.

How much money it makes: $28.8M/year
How many people on the team: 193

How We Started A $30M/Year Warehouse Management Software And Outsourced Ecommerce Fulfillment Business

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.

Read this case study

Read by 9,196 founders

2. DocShipper ($13M/year)

Nicolas Rahmé, with a background in new technologies and geopolitics, co-founded DocShipper in 2018 with his brother after seeing a fragmented logistics industry ripe for disruption, achieving a staggering $4.9M turnover by 2021.

How much money it makes: $13M/year
How much did it cost to start: $50K
How many people on the team: 45

These Brothers Are Redefining The Import/Export Industry And Grew Their Business To $12M/Year

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.

Read this case study

Read by 3,899 founders

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 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.

Read this case study

Read by 12,641 founders

4. 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

How I Started A $20K/Month Auto Shipping Broker Business

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.

Read this case study

Read by 30,074 founders