| Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
|---|---|---|---|---|---|---|
| 1 | 2 | FedEx Corp. | United States | $52,014 | $56,241 | 92% |
| 2 | 1 | UPS Inc. | United States | $51,777 | $58,363 | 89% |
| 3 | 3 | China Railway Corp. | China | $37,208 | $147,452 | 25% |
| 4 | 4 | Maersk | Denmark | $29,696 | $41,205 | 72% |
| 5 | 6 | Union Pacific Corp. | United States | $21,813 | $21,813 | 100% |
| 6 | 5 | Russian Railways | Russia | $21,408 | $32,652 | 66% |
| 7 | 12 | CMA CGM Group | France | $21,084 | $21,727 | 97% |
| 8 | 7 | BNSF Railway | United States | $21,002 | $21,967 | 96% |
| 9 | 9 | Deutsche Post DHL Group | Germany | $19,880 | $65,784 | 30% |
| 10 | 8 | Mediterranean Shipping Co. | Switzerland | $19,751 | $19,751 | 100% |
| 11 | 10 | Indian Railways | India | $17,868 | $25,653 | 70% |
| 12 | 16 | COSCO Group | China | $15,450 | $15,964 | 97% |
| 13 | 11 | NYK Group | Japan | $14,751 | $20,428 | 72% |
| 14 | 13 | Mitsui O.S.K Lines | Japan | $13,919 | $15,112 | 92% |
| 15 | 21 | Hapag-Lloyd AG | Germany | $13,441 | $13,441 | 100% |
| 16 | 14 | Deutsche Bahn AG | Germany | $12,311 | $44,946 | 27% |
| 17 | 15 | CSX Corp. | United States | $11,811 | $11,811 | 100% |
| 18 | 17 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $10,867 | $10,867 | 100% |
| 19 | 18 | Norfolk Southern Corp. | United States | $10,511 | $10,511 | 100% |
| 20 | 19 | Yamato Group | Japan | $9,674 | $11,436 | 85% |
| 21 | 20 | Canadian National Railway | Canada | $9,606 | $9,882 | 97% |
| 22 | 28 | SF Express | China | $7,612 | $7,612 | 100% |
| 23 | 23 | Hanjin Shipping Co. | South Korea | $6,800 | $6,800 | 100% |
| 24 | 26 | Hamburg Süd Group | Germany | $6,726 | $6,726 | 100% |
| 25 | 24 | SG Holdings Group | Japan | $6,318 | $8,215 | 77% |
| 26 | 29 | GeoPost Group | France | $6,131 | $6,303 | 97% |
| 27 | 27 | Orient Overseas (International) Ltd. | Hong Kong | $5,953 | $5,953 | 100% |
| 28 | 32 | J.B. Hunt Transport Services | United States | $5,501 | $6,188 | 89% |
| 29 | 30 | Canadian Pacific Railway | Canada | $5,134 | $5,260 | 98% |
| 30 | - | XPO | United States | $5,111 | $12,411 | 41% |
| 31 | 31 | Hyundai Merchant Marine Co. | South Korea | $4,878 | $4,878 | 100% |
| 32 | 34 | Yellow Corp. | United States | $4,832 | $4,832 | 100% |
| 33 | 35 | Yang Ming Marine Transport Corp. | Taiwan | $4,022 | $4,022 | 100% |
| 34 | 40 | Swift Transportation | United States | $3,903 | $4,229 | 92% |
| 35 | 37 | Evergreen Marine Corp. | Taiwan | $3,857 | $4,220 | 91% |
| 36 | 36 | Transnet Group | South Africa | $3,707 | $4,887 | 76% |
| 37 | 43 | Schneider | United States | $3,423 | $3,800 | 90% |
| 38 | - | Pacific International Lines | Singapore | $3,169 | $4,600 | 69% |
| 39 | 41 | Toll Group | Australia | $3,078 | $6,397 | 48% |
| 40 | 47 | Emirates Group | United Arab Emirates | $3,034 | $22,738 | 13% |
| 41 | - | TFI International | Canada | $3,013 | $3,158 | 95% |
| 42 | 45 | ZIM Integrated Shipping Services | Israel | $2,999 | $2,999 | 100% |
| 43 | 48 | Cathay Pacific Airways | Hong Kong | $2,983 | $13,202 | 23% |
| 44 | - | Old Dominion Freight Line | United States | $2,972 | $2,972 | 100% |
| 45 | 39 | Kazakhstan Temir Zholy | Kazakhstan | $2,874 | $3,474 | 83% |
| 46 | 50 | Nippon Express | Japan | $2,810 | $16,046 | 18% |
| 47 | 44 | Aurizon | Australia | $2,687 | $2,687 | 100% |
| 48 | 49 | Lufthansa Group | Germany | $2,616 | $35,603 | 7% |
| 49 | - | Korean Air | South Korea | $2,318 | $10,011 | 23% |
| 50 | - | Wallenius Wilhelmsen Logistics | Norway | $2,308 | $3,321 | 70% |
Top 50 Global Freight Companies
Revenue from acquired companies only included for period after close of acquisition. All revenue figures have been converted to U.S. dollars based on the average exchange rate in the appropriate calendar year.
Sources: Company reports and SJ Consulting Group Inc. estimates
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April 13, 2022-
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