2024 Essential Revenue and Operating Information for the 50 Largest Global Freight Companies
Up Front

Revenues declined in 2023 amid an international trade slump, geopolitical conflicts and economic uncertainty.

E-commerce growth and constraints on ocean shipping have fueled strong demand for airfreight this year.

Get a continent-by-continent and country- by-country look at where the Top 50 Global Freight Companies are based.

Rankings
 

Port Data

Rank Port Name City Type of Freight TEUs 2023 TEUs 2022 % Change Freight Tonnage (metric tons)
1 Port of Los Angeles Los Angeles container, break bulk, dry bulk, liquid bulk, automotive, heavy lift, project, refrigerated 8,629,681 9,911,159 -12.9% 178,000,000*
2 Port of Long Beach Long Beach, Calif. container, break bulk, dry bulk, liquid bulk, automotive, heavy lift, project, refrigerated 8,018,668 9,133,657 -12.2% 175,518,642
3 Port of New York and New Jersey New York container, break bulk, dry bulk, liquid bulk, automotive, heavy lift, project, refrigerated 7,810,005 9,493,664 -17.7% NA
4 Port of Savannah Savannah, Ga. container, break bulk, dry bulk, automotive, heavy lift, refrigerated 4,927,654 5,892,131 -16.4% 34,739,800
5 Colon Container Terminal, Port of Cristobal and Manzanillo International Terminal Colón, Panama container, dry bulk, liquid bulk, project 4,868,759 5,058,556 -3.8% NA
6 Port Houston Houston container, break bulk, dry bulk, liquid bulk, automotive, heavy lift, project 3,824,600 3,974,901 -3.8% 45,652,497
7 Port of Manzanillo Manzanillo, Colima, Mexico container, dry bulk, liquid bulk, automotive, refrigerated 3,698,582 3,473,852 6.5% 33,828,606
8 Port of Balboa and PSA Panama International Terminal Panama Int'l Terminals, Panama container, dry bulk, liquid bulk, automotive, project 3,370,009 3,347,861 0.7% NA
9 Port of Virginia Norfolk, Va. container, break bulk, dry bulk, liquid bulk, automotive 3,287,546 3,703,230 -11.2% 59,089,478
10 Port of Vancouver Vancouver, British Columbia container, break bulk, dry bulk, liquid bulk, automotive, project 3,126,559 3,557,294 -12.1% 150,380,603
11 Northwest Seaport Alliance Seattle and Tacoma, Wash. container, break bulk, dry bulk, liquid bulk, automotive, heavy lift, project 2,974,416 3,384,018 -12.1% 23,804,032
12 Port of Charleston Charleston, S.C. container, break bulk, dry bulk, liquid bulk, automotive, project, refrigerated 2,482,080 2,792,313 -11.1% NA
13 Port of Oakland Oakland, Calif. container, refrigerated 2,065,709 2,337,607 -11.6% NA
14 Port of Kingston Kingston, Jamaica container, break bulk, dry bulk, liquid bulk, automotive, heavy lift 1,995,000 2,137,500 -6.7% NA
15 Port of Lázaro Cárdenas Lázaro Cárdenas, Michoacán, Mexico container, dry bulk, liquid bulk 1,869,293 2,026,546 -7.8% 29,585,287
16 Port of Montreal Montreal container, break bulk, dry bulk, liquid bulk, refrigerated 1,538,464 1,722,704 -10.7% 35,346,163
17 Port of Caucedo Caucedo, Dominican Republic container, break bulk, automotive, heavy lift, project, refrigerated 1,488,000 1,406,500 5.8% NA
18 Port of San Juan San Juan, Puerto Rico container, break bulk, dry bulk 1,349,400 1,398,600 -3.5% NA
19 Port of Jacksonville^ Jacksonville, Fla. container, break bulk, dry bulk, liquid bulk, automotive, heavy lift, project, refrigerated 1,313,487 1,298,132 1.2% 10,470,025
20 Moín Container Terminal Límon, Costa Rica container, break bulk 1,261,262 1,226,585 2.8% NA
21 Port of Freeport Freeport, Bahamas container, break bulk, automotive, heavy lift, project 1,215,000e 1,574,200 -22.8% NA
22 Port of Veracruz Veracruz, Mexico container, break bulk, dry bulk, liquid bulk, automotive 1,148,000 1,187,000 -3.3% NA
23 Port of Baltimore Baltimore container, break bulk, dry bulk, liquid bulk, automotive, refrigerated 1,126,511 1,069,421 5.3% 10,617,657
24 Port Miami^ Miami container, break bulk, automotive 1,098,322 1,197,663 -8.3% 9,717,000
25 Port Everglades^ Broward County, Fla. container, break bulk, dry bulk, refrigerated 1,006,981 1,107,546 -9.1% NA
NOTE: Data for the Colon Container Terminal, Port of Cristobal and Manzanillo International Terminal is from the Georgia Tech Panama Logistics Innovation and Research Center. Data for the ports of Kingston, Caucedo, San Juan, Freeport and Veracruz is via PortEconomics. Data for the ports of Lázaro Cárdenas and Manzanillo is via the Coordinación General de Puertos y Marina Mercante. All other data is via port authorities.

* Freight tonnage for the Port of Los Angeles is for fiscal year 2022-23, ended June 30, 2023.

^ Data for the Port of Jacksonville, Port Miami and Port Everglades is for fiscal year 2022-23, ended Sept. 30, 2023.
Extras

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Post-COVID normalization and shaky economic conditions led to a difficult year at container ports and airports in 2023.

Learn more about Transport Topics’ Top 50 Global Freight Companies publication.

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Tara Patel | Bloomberg News
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dpa | Hamburg, Germany
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Sanne Waas | Bloomberg News
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The attacks on commercial ships in the Red Sea by Houthi rebels have rerouted most of the trade normally flowing through the crucial maritime artery for consumer goods and energy supplies.

January 12, 2024
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US Trucking Faces Downstream Effects From Suez Canal Attacks

A militant group that is attacking container vessels along the Suez Canal in Egypt is causing shipment disruptions that threaten to inflict downstream effects on the U.S. trucking sector.

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Shipping Shows Signs of Panic as Houthis Menace Trade Lane

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January 8, 2024
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Maersk Extends Red Sea Diversion and Warns Risk Will Persist

A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess the situation.

Sanne Waas | Bloomberg News
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Amazon Captured 29% of Online Orders Before Christmas

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Spencer Soper | Bloomberg News
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