About Par Logistics
Par Logistics is a company based in Barrington (United States) founded in 2006 was acquired by ORBCOMM in December 2011.. Par Logistics offers products and services including Air Freights Services, Expedited Truck Services, LTL Truckloads, and Shipment Tracking. Par Logistics operates in a competitive market with competitors including DP World, DHL, SEKO Logistics, Allcargo Logistics and AIT Worldwide Logistics, among others.
- Headquarter Barrington, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Par Logistics, Inc.
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Products & Services of Par Logistics
Par Logistics offers a comprehensive portfolio of products and services, including Air Freights Services, Expedited Truck Services, LTL Truckloads, and Shipment Tracking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handles global and continental shipping for urgent needs.
Provides fast regional and nationwide truck deliveries.
Offers cost-effective shipping for partial truck loads.
Enables real-time monitoring of freight movements.
Funding Insights of Par Logistics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Par Logistics
Par Logistics has secured backing from 1 investor. Prominent investors backing the company include ORBCOMM. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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M2M communication solutions for asset tracking and management are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Par Logistics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Par Logistics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Par Logistics Comparisons
Competitors of Par Logistics
Par Logistics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DP World, DHL, SEKO Logistics, Allcargo Logistics and AIT Worldwide Logistics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Freight forwarding and maritime logistics services are provided globally.
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Global logistics service provider
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Global freight forwarding and logistics solutions are provided worldwide.
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Multi-modal freight transportation, warehousing, and logistics services are provided globally.
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Diversified freight forwarding services are provided on a global scale.
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Delivery, multi-modal freight forwarding, and cross-border logistics services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Par Logistics
When was Par Logistics founded?
Par Logistics was founded in 2006.
Where is Par Logistics located?
Par Logistics is headquartered in Barrington, United States. It is registered at Barrington, Illinois, United States.
What does Par Logistics do?
Par Logistics was established in 2006 in Barrington, United States. Operations are centered in the logistics and transportation sector, with a focus on air freight and supply chain management. Services include freight forwarding, customs brokerage, and warehousing solutions. The company serves clients across various industries from its base in the United States, facilitating efficient global movement of goods. Domain access is available at parlogistics.net.
Who are the top competitors of Par Logistics?
Par Logistics's top competitors include DHL, Allcargo Logistics and SEKO Logistics.
What products or services does Par Logistics offer?
Par Logistics offers Air Freights Services, Expedited Truck Services, LTL Truckloads, and Shipment Tracking.
Who are Par Logistics's investors?
Par Logistics has 1 investor. Key investors include ORBCOMM.
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