5 Largest Distribution Companies in the World

0

In this article we are going to take a look at the  largest distribution companies in the world. It’s worth checking Insider Monkey’s latest article on this issue, as usual. What is distribution industry? Well, it’s among the most important industries in the world, as it’s the basis of the world supply. Without distribution industry, goods couldn’t be delivered from one part of the world to the other. Whenever we purchase something online, we enlist the services of the distribution industry. Or whenever we do our regular shopping we also buy things delivered by distribution companies. So, a distribution company buys products from the manufacturer and delivers them to aother companies, which are generally the wholesalers and retailers.

Unsurprisingly, this year has been exceptionally favorable to distributors, and this industry is among the very few that hasn’t been struck by the lockdown. While the vast majority of the world had to face with the lockdown, strict restrictions, home office and self-isolation, distributors didn’t stop operating, what’s more their workload has increased significantly. And now let’s check out what Insider Monkey has investigated for you about the largest distribution companies. At first, Wesco International (NYSE:WCC) stands on the fifth spot on the list with its amazing revenue of 8.18 billion dollars in 2019. Wesco is in located in Pittsburgh, Pennsylvania and is an electrical distribution and services company founded in 1922, almost one hundred years ago. It is also involved in manufacturing, so its total revenue was $17 billion in the year of 2019 with more than 150,000 customers and 30,000 suppliers and 18,000 employees. Rexel got the third spot on the list with a jaw-dropping amount of 15.8 billion dollars in revenue. It’s a France-based company with more than 26,000 employees. An which company stands on the first place? You will get to know if you read the entire article. For more detailed information, please jump to the largest distribution companies in the world.

Share.