Colombia Freight and Logistics Market Share

Market Share of Colombia Freight and Logistics Industry

The Colombian freight and logistics sector is highly fragmented, with international and regional businesses competing for business. With both international and regional participants in the market, the Colombian freight and logistics business is becoming more competitive, and vendors are looking for a competitive advantage by constantly adjusting to the changing marketplace. Some of the key players in the market include DHL, Coltanques, Servientrega, Blu Logistics, and Grupo TCC.

Colombia is one of Latin America's most appealing economies for international trade and foreign investment. Fuel, wages, and tolls are the highest costs in Colombia, making the country less competitive. However, the condition that seriously affects the country is its complicated geography and the slow development of multimodal infrastructure that is necessary to improve competitiveness in such a rugged environment. For easy and safe transportation of goods, many industrial participants are looking for innovative logistics and supply chain management solutions.

Colombia Freight & Logistics Market Leaders

1. SUPPLA SA

2. Avianca S.A.

3. FedEx Corporation

4. United Parcel Service

5. DHL

*Disclaimer: Major Players sorted in no particular order