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.

Global Freight News
Government, Business, Safety, Logistics, Global Freight

Spot Container Shipping Rates Soar 173% on Red Sea Threats

Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.

Brendan Murray | Bloomberg News
January 4, 2024
Business, Technology, Private, Global Freight

Daimler Partners With Amazon for Fuel Cell Truck Trials

Daimler Truck plans to begin the first on-road customer tests of hydrogen fuel cell-powered Mercedes-Benz GenH2 trucks in global markets in the middle of 2024.

Keiron Greenhalgh | Staff Reporter
December 20, 2023
Government, Business, Safety, Logistics, Global Freight

Red Sea Chaos Has Shippers Bracing for Weeks Without Route

The global shipping industry is bracing for the prospect of living without its most important trade route for weeks.

December 19, 2023
Government, Business, Safety, Logistics, Global Freight

Maersk Sails South of Africa to Avoid Red Sea Conflict Area

Shipping giant A.P. Moller-Maersk A/S will redirect its vessels to sail south of Africa to avoid the Red Sea conflict area where Houthi militants have attacked several ships.

Christian Wienberg | Bloomberg News
December 19, 2023
Business, Logistics, Global Freight

Deutsche Bahn to Sell Logistics Unit Schenker

BERLIN — Germany’s main national railway operator, Deutsche Bahn, on Dec. 19 launched an effort to sell its logistics unit, DB Schenker, as the company concentrates on its core business.

December 19, 2023
Government, Safety, Logistics, Global Freight

Railroads Urge Border Officials to Reopen US-Mexico Crossings

Railroads are calling for U.S. Customs and Border Protection to reopen U.S.-Mexico rail crossings at El Paso and Eagle Pass, Texas.

Thomas Black | Bloomberg News
December 18, 2023
Government, Safety, Global Freight

Houthi Attacks Push Shipping Giants to Pause Red Sea Voyages

Attacks on merchant ships by Houthi militants near Yemen in the Red Sea have prompted trade disruption, with major vessel owners Maersk and Hapag-Lloyg halting trips through the area.

December 15, 2023
Government, Business, Global Freight, TCA

Cargo Workers Strike at Denver International Airport

Nearly 100 Swissport cargo workers at the Denver International Airport are on strike Dec. 11, protesting unsafe work conditions they say the company has been ignoring for more than a year.

Lauren Penington | The Denver Post
December 11, 2023
Business, Logistics, Global Freight

DHL Express Workers Strike at Cincinnati Air Cargo Hub

More than 1,100 unionized DHL Express workers walked off the job at Cincinnati/Northern Kentucky International Airport, a critical logistics hub for the package delivery company.

December 8, 2023
Government, Safety, Fuel, Global Freight, TCA

NTSB Calls for California Shipping Fix After 2021 Oil Spill

The National Transportation Safety Board wants changes in how containerships are anchored off Southern California to help prevent oil pipeline ruptures like the 2021 spill off Huntington Beach.

Grace Toohey | Los Angeles Times
December 6, 2023
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