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

If your company appears on the list, you have a few ways to announce it. Visit our logo library to get ready-made graphics.

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, Logistics, Global Freight

Engineers Frustrated With Railroad Sick Time Policies

OMAHA, Neb. — Tens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations.

Josh Funk | Associated Press
May 8, 2023
Business, Logistics, Global Freight

Maersk Profits Slip in Q1, Forecasts Weak 2023

A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.

Christian Wienberg | Bloomberg News
May 4, 2023
Business, Technology, Equipment, Fuel, Logistics, Global Freight

DHL Plans Third Air Cargo Hub in California

Greg Hewitt, CEO of DHL Express U.S., says company leadership is doubling down on its GoGreen Plus program, with a goal of being a net-zero emissions company by 2050.

Dan Ronan | Senior Reporter
May 1, 2023
Business, Technology, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Logistics, Global Freight

Nippon Express in Talks to Buy Logistics Firm Cargo-Partner

Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.

April 18, 2023
Business, Technology, Equipment, Safety, Logistics, Global Freight

CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

Tara Patel | Bloomberg News
April 18, 2023
Business, Logistics, For-Hire, Global Freight

FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective

FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.

Thomas Black | Bloomberg News
March 17, 2023
Government, Business, Logistics, Global Freight

Global Supply Chains Back to Normal, N.Y. Fed Says

Global supply chains have returned to normal, the Federal Reserve Bank of New York said, almost three years after COVID-19 was declared a pandemic.

Brendan Murray | Bloomberg News
March 6, 2023
Business, Logistics, Global Freight

French Shipping Giant CMA CGM Warns Demand Is Falling

French shipping giant CMA CGM SA warned of a steep drop in demand so far this year, extending a slump that led to a more than halving of quarterly profit.

Tara Patel | Bloomberg News
March 6, 2023
Government, Business, Technology, Logistics, Global Freight

Supply Chain Envoy Says Automating Ports Doesn’t Have to Cost Jobs

The White House’s supply chain envoy said the ports and logistics industry must move toward automation, a sticking point in protracted contract talks between U.S. West Coast dockworkers and their employers.

Laura Curtis | Bloomberg News
March 1, 2023
Archives
  • 2023

  • 2022

  • 2021

  • 2020

  • 2019

  • 2018

  • 2017

  • 2016

  • 2015