What Leo Global Logistics does

LEO Global Logistics Public Company Limited is a Thailand-based end-to-end global logistics service provider founded in 1991 and publicly listed on the mai exchange (ticker: LEO) since October 2020. Headquartered in Bangkok, the company operates an agent network spanning over 190 countries and runs physical facilities including the LEO Suvarnabhumi (LHS) air-cargo facility, the LEO Laem Chabang (LCH) seaport facility, LEO Self Storage (LSS) sites, and — as of November 2024 — LEO COLDBOTIC, Thailand's first smart automated temperature-controlled logistics center for wine storage (THB 160 million investment, 4-way shuttle robotic automation, 15-18°C, 1.2M+ bottle capacity, BOI-privileged bonded warehouse status at Sahathai Terminal). Service lines cover sea freight, air freight, project and oversized cargo, cross-border trucking, multimodal transport (including rail via Sritrang Leo Multimodal Logistics and LaneXang Express), customs brokerage, bonded warehousing, self-storage, and e-fulfillment. Geographic reach is anchored in Thailand with regional extension into Cambodia (Logicam LEO JV, February 2024), Vietnam (Viettel Post strategic cooperation, July 2024), Laos, and China, supported by postal partnerships with Thailand Post and Viettel Post.

Revenue mechanics blend three streams: (1) transaction-based freight forwarding fees on sea/air/land/rail shipments, quote-priced per route and cargo volume (e.g., Thailand-Busan $60 per 20ft container as of 2019); (2) managed integrated logistics services (ILS) with margin on cross-border coordination, customs clearance, and nationwide distribution; and (3) recurring subscription revenue from LEO Self Storage (LSS) and LEO COLDBOTIC wine storage. The company has co-invested in the ZUPPORTS digital transportation management platform alongside Nexter Ventures (SCG Group affiliate), adding bidding, booking, billing, and analytics modules to the operating stack. Go-to-market is sales-led, targeting Thai and ASEAN enterprise and mid-market importers/exporters via direct relationships, roadshows, and the global agent network; marketing channels span social media, industry PR, events (e.g., "THE WINE JOURNEY OF TOMORROW"), and CSR programs (LEO RUN FOR CHILD, COVID-19 donations). Recognitions include the Prime Minister's Export Award 2019 (Best Service Enterprise, Logistics Services), Ministry of Commerce ELMA awards in 2016 and 2019, and ESG100 2022 listing from THAIPAT Institute. Customer concentration is distributed across food and agriculture (durian exporters to China), food and beverage (wine importers), hospitality (hotels, restaurants), retail (supermarkets), and self-storage consumers, with no individual anchor customer disclosed. Revenue reached THB 513.5 million in Q3/2024 (+58% YoY, +38% QoQ), with 9-month 2024 revenue up 22% YoY and self-storage revenue up 98% YoY; management has stated a goal of lifting non-freight/non-logistics revenue to 30-35% of total within 1-2 years.

Name

Leo Global Logistics

Legal name

LEO Global Logistics Public Company Limited

Website

https://leogloballogistics.com

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

Leo Global Logistics is a Thailand-based, publicly listed end-to-end freight forwarder and logistics provider serving importers, exporters, hotels, restaurants, and retailers across 190+ countries via sea, air, rail, and multimodal transport, plus bonded warehousing and digital platforms.

Ownership category

akta.pro rank

Product category

Logistics Services

NAICS

Freight Transportation Arrangement (488510), Marine Cargo Handling (48832)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Public Warehousing & Storage (4220)

akta.pro primary industry

Ocean Import Forwarding (Destination Handling/DO/ISF) (TLACABAE)

akta.pro secondary industries

Ocean Export Forwarding (Booking/VGM/SI/BL) (TLACABAF), Project Cargo Logistics & Transport Management (TLADAGAB), Logistics, Freight Forwarding & Supply Chain Operations (EDAOANAG)

Keywords

• Freight forwarding services
• International logistics services
• Warehouse distribution management
• Cross-border transport
• Multimodal logistics solutions

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Freight Forwarding Services: Core revenue from international freight forwarding covering sea freight, air freight, land transport, and rail transport for import/export operations across a network spanning 190+ countries.
2. Integrated Logistics Services (ILS): Integrated logistics and warehousing services including customs clearance, cross-border trucking, and nationwide distribution.
3. LEO Self Storage (LSS): Self-storage and e-fulfillment center services generating revenue that grew 98% in Q3/2024 vs Q3/2023, and 68% year-on-year for the first nine months of 2024.
4. LEO COLDBOTIC Wine Storage: Premium temperature-controlled wine storage services with bonded warehouse benefits, wine tasting room, and meeting facilities for importers, hotels, restaurants, and wine investors.
5. Digital Platform Investment (ZUPPORTS): Investment in digital transportation platform contributing to digital transformation and business expansion.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

LEO Global Logistics provides end-to-end international and domestic logistics services covering air freight forwarding, sea freight forwarding, project and oversized cargo handling, customs formalities, warehouse and distribution management, cross-border and multi-modal transport, self-storage and e-fulfillment, and specialized automated wine storage. The offerings target enterprise importers/exporters, manufacturers, project owners, retailers such as hotels, restaurants and supermarkets, and wine importers, with technology support via the ZUPPORTS digital platform and the LEO COLDBOTIC robotic storage system.

Product overview

LEO Global Logistics Public Company Limited is a Thailand-based End-to-End Global Logistics Service Provider offering a comprehensive suite of freight forwarding and logistics services. The portfolio consists of core freight forwarding services (Sea Freight, Air Freight, Project & Cargo Service), land and cross-border transport solutions (Cross Border Transport, Multi-Modal Transport), and warehousing/fulfillment services (Warehouse & Distribution Management, Self Storage & E-Fulfillment Center). The company operates several specialized subsidiaries and joint ventures including Sritrang Leo Multimodal Logistics (domestic rail services), LEO Global Mail Solutions (mail/parcel delivery), and Logicam LEO Cambodia (cross-border logistics for Cambodia). Notable specialized offerings include LEO COLDBOTIC — Thailand's first automated temperature-controlled logistics center for wine storage (THB 160 million investment, bonded warehouse with BOI privileges) — and the ZUPPORTS digital transportation management platform (co-invested with Nexter Ventures). The company also maintains physical branch facilities at Suvarnabhumi Airport (LHS), Laem Chabang Port (LCH), and self-storage locations including the Rama 4 Road site. The overall architecture is a unified logistics platform with multiple service lines, subsidiaries, and digital products addressing both freight and non-freight revenue streams.

Differentiator

Problem solved

Functional benefit

Brands

• LEO COLDBOTIC: Thailand's first automatic temperature-controlled logistics center designed for wine storage with smart automation and robotic systems. Maintains temperatures between 15-18°C and can store over 1.2 million bottles.
• LEO Self Storage (LSS)
• LEO Wine Storage

Products and services

• Sea Freight Service International sea/ocean freight forwarding for importers, exporters, and manufacturers moving containerized or break-bulk cargo between Asia and global destinations, including customs handling.
• Air Freight Service International air freight forwarding for time-sensitive shipments, supported by LEO's Suvarnabhumi air-cargo operations and customs brokerage.
• Project & Cargo Service Specialized handling of oversized, heavy, and project cargo requiring dedicated routing, permits, and equipment planning for industrial and infrastructure customers.
• Cross Border Transport Overland cross-border transportation between Thailand and neighboring Southeast Asian countries, integrating with customs formalities and warehousing.
• Multi-Modal Transport Combined air, sea, and land transport solutions orchestrated as a single shipment, allowing customers to optimize cost and transit time.
• Warehouse & Distribution Management Warehousing, inventory management, and distribution services operated from LEO's own facilities for importers, exporters, retailers, and manufacturers.
• Self Storage & E-Fulfillment Center (LEO Self Storage / LSS) Self-storage unit rentals and integrated e-commerce fulfillment/warehousing services targeted at hotels, restaurants, supermarkets, retailers, and online sellers.
• LEO COLDBOTIC (Automated Wine Storage) Proprietary automated robotic temperature- and humidity-controlled storage facility for wine importers, distributors, and fine-wine collectors requiring secure, monitored storage.
• ZUPPORTS Digital Logistics Platform Proprietary digital platform providing transportation management, shipment booking, and tracking for customers using LEO's logistics services.
• Customs Formalities Service Customs brokerage and clearance services for import and export shipments, integrated with LEO's freight forwarding and warehousing offerings.

Quantifiable outcome

• Q3/2024 revenue of THB 513.5 million, up 38% from Q2/2024 and 58% from Q3/2023. First nine months of 2024 revenue grew THB 225.1 million or 22% year-on-year.
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core, minor and strategic.

• Thailand PostcoreStrategic or Co-development Partner · 3 April 2026LEO signed an MoU with Thailand Post and Viettel Post to establish a cross-border logistics corridor linking Thailand, Vietnam, and China. Thailand Post contributes its domestic distribution network to strengthen the partnership's last-mile capabilities across Thailand.
• Viettel Post Joint Stock CorporationcoreStrategic or Co-development Partner · 3 April 2026LEO partnered with Viettel Post to develop cross-border transport services between Thailand, Vietnam, and China. Viettel Post offers infrastructure at its 140-hectare Viettel Logistics Park in Lang Son, Vietnam, and its position as Vietnam's largest logistics company by market share with state-of-the-art parcel sorting technology.
• Viettel Post CorporationcoreStrategic or Co-development Partner · 1 July 2024Strategic cooperation agreement signed on July 1, 2024 at Viettel Post headquarters in Hanoi, Vietnam. LEO and Viettel Post jointly develop cross-border logistics for agricultural exports from Thailand to China via Vietnam, and e-commerce imports from China to Thailand distributed across ASEAN.
• Logistics Intelligence (Cambodia) Co., Ltd. (LogiCam)coreStrategic or Co-development Partner · 12 February 2024LEO joined LogiCam in founding Logicam LEO (Cambodia) Co., Ltd. Joint venture provides customs clearance, cross-border trucking from Thailand to Cambodia, nationwide cargo distribution across Cambodian cities, and warehousing services. Meeting held at Sofitel Phnom Penh Phokeethra Hotel.
• Suk-Ruethai Safe Agriculture Community EnterpriseminorStrategic or Co-development Partner · 24 July 2022LEO invested THB 1.5 million to promote cannabis cultivation in partnership with the community enterprise in Uthai Thani Province. The initiative aims to bring over 100,000 cannabis plants to create careers for the local population and promote sustainable community economy.
• ZPS Corporation Ltd.strategicTechnology or Integration · 27 June 2022ZPS provides the ZUPPORTS platform offering online transportation management including bidding system, booking system for air/sea/land freight, billing system, and analytics for managing transportation data. LEO serves as an important international transportation alliance to the platform.
• Suan Sunandha Rajabhat University (SSRU)minorStrategic or Co-development Partner · 5 April 2022LEO signed MoU with SSRU to co-run a dual-mode undergraduate program leading to a Bachelor of Business Administration in Business Supply Chain Management. LEO provides hands-on work experience, tuition scholarships, and allowances. LEO intends to provide 10 or more scholarships.
• LaneXang ExpressminorChannel Partner/ Reseller/ DistributorLEO utilizes LaneXang Express for cross-border rail transport services to China and Laos as part of its multimodal logistics network expansion.
• Sritrang Leo Multimodal LogisticsminorChannel Partner/ Reseller/ DistributorSubsidiary providing domestic rail services within Thailand as part of LEO's multimodal transport solutions.
• Advantis LeominorChannel Partner/ Reseller/ DistributorJoint venture providing warehouse and distribution services as part of LEO's integrated logistics offerings.
• LEO Sourcing & Supply ChainminorChannel Partner/ Reseller/ DistributorSubsidiary handling durian export logistics to China as part of LEO's agricultural supply chain services.
• Thai International Freight Forwarders Association (TIFFA)minorStrategic or Co-development PartnerLEO collaborated with TIFFA and SSRU in 2018 to start a scholarship program for underprivileged students in logistics, successfully producing workforce that meets LEO's personnel needs.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• CEVA Logistics: Global third-party logistics provider (CMA CGM subsidiary) offering freight forwarding, contract logistics, and supply chain solutions. Comparable to LEO's end-to-end global logistics service positioning, including ASEAN-focused multimodal transport.
• Expeditors International: Global logistics provider focused on air and ocean freight forwarding with strong Asia-Pacific presence. Comparable to LEO's core air/sea freight forwarding and customs brokerage services, though operating at far greater scale and asset-light.
• DHL Global Forwarding: Deutsche Post DHL's freight forwarding arm, offering global air, ocean, road freight, and customs services. Directly overlaps with LEO's end-to-end global logistics services and multimodal offerings, though at much larger scale and broader geographic reach.
• Kuehne+Nagel: One of the world's largest freight forwarders with global sea, air, and contract logistics operations. Comparable to LEO across all freight forwarding services but at vastly greater scale, serving as a benchmark for LEO's competitive positioning in the same addressable market.
• DSV Panalpina: Global freight forwarding and logistics provider with significant Asia-Pacific footprint serving enterprise importers/exporters. Comparable to LEO's End-to-End Global Logistics value proposition across sea, air, and road freight, though at substantially larger scale.

Direct peers

• J&T Express: Southeast Asian-focused logistics and express delivery company with strong Thailand and Vietnam operations. Comparable to LEO's e-commerce logistics and cross-border parcel ambitions, particularly relevant given its partnership with Viettel Post via state-aligned networks.
• Yusen Logistics: Japan-headquartered logistics company with extensive ASEAN operations and cross-border freight forwarding, warehousing, and supply chain solutions. Comparable to LEO's multimodal cross-border model across Thailand, Vietnam, and China.
• WICE Logistics: Thailand-based international freight forwarder listed on the Thai stock exchange, offering sea, air, and cross-border logistics services. Direct domestic peer to LEO with overlapping customer base, similar revenue scale, and same regulatory environment.
• Kerry Logistics: Hong Kong-headquartered Asian freight forwarder with strong cross-border and intra-Asia logistics capabilities. Most directly comparable to LEO's Southeast Asia-anchored multimodal and cross-border model, with adjacent warehousing and e-fulfillment services.
• Sinotrans: China's largest logistics company with extensive Southeast Asia-anchored freight forwarding and contract logistics operations. Comparable to LEO's cross-border Thailand-Vietnam-China corridor ambitions and integrated logistics model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LEO_Global
• YouTubeyoutube.com/channel/UCEZHbiJxxWYofriTXP3CuaA
• Facebookfacebook.com/LEOgloballogisticsGroup
• LinkedInlinkedin.com/company/leo-logistics-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Leo Global Logistics