__timestamp | C.H. Robinson Worldwide, Inc. | United Parcel Service, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 13470067000 | 58232000000 |
Thursday, January 1, 2015 | 13476084000 | 58363000000 |
Friday, January 1, 2016 | 13144413000 | 60906000000 |
Sunday, January 1, 2017 | 14869380000 | 65872000000 |
Monday, January 1, 2018 | 16631172000 | 71861000000 |
Tuesday, January 1, 2019 | 15309508000 | 74094000000 |
Wednesday, January 1, 2020 | 16207106000 | 84628000000 |
Friday, January 1, 2021 | 23102138000 | 97287000000 |
Saturday, January 1, 2022 | 24696625000 | 100338000000 |
Sunday, January 1, 2023 | 17596443000 | 90958000000 |
Monday, January 1, 2024 | 17724956000 | 91070000000 |
Cracking the code
In the ever-evolving logistics and transportation industry, United Parcel Service, Inc. (UPS) and C.H. Robinson Worldwide, Inc. have been pivotal players. Over the past decade, UPS has consistently outperformed C.H. Robinson in terms of revenue, showcasing its dominance in the sector. From 2014 to 2023, UPS's revenue surged by approximately 56%, peaking in 2022 with a remarkable $100 billion. In contrast, C.H. Robinson experienced a more modest growth of around 31% during the same period, reaching its highest revenue in 2022 at $24.7 billion.
The year 2021 marked a significant leap for both companies, with UPS witnessing a 15% increase and C.H. Robinson a staggering 43% rise in revenue compared to the previous year. However, 2023 saw a decline for both, with UPS dropping to $90.9 billion and C.H. Robinson to $17.6 billion, indicating potential market challenges.
This comparison highlights the dynamic nature of the logistics industry and the varying strategies employed by these giants to navigate economic shifts.
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