| 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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Rivian Pauses Output of Amazon’s Electric Delivery Van
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August 8, 2024Maersk CEO Seeks New M&A Deals After Dropping Schenker Bid
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August 7, 2024Amazon Reports Boost in Quarterly Profit to $13.5 Billion
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August 1, 2024Sluggish Global Economy Weighs on Germany’s DHL in Q2
FRANKFURT — German logistics and delivery giant DHL reported second-quarter net profit of $802 million, a decline of 23.9% from a year ago, as a sluggish global economy dampened demand.
August 1, 2024Maersk Boosts Full-Year Guidance
A.P. Moller-Maersk, a bellwether for global trade, increased its full-year guidance due to higher freight rates caused by supply chain disruptions following attacks in the Red Sea.
August 1, 2024FAA Clears Drone Companies to Operate in Shared Airspace
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July 30, 2024Amazon Deemed Responsible for Hazardous Third-Party Items
Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by the company, a U.S. government agency ordered July 30.
July 30, 2024CMA CGM Reports Solid Volumes, Sees Rates Peaking
CMA CGM SA reported a second-quarter jump in cargo volumes and signaled freight rates have probably peaked for now despite bottlenecks at Mediterranean ports.
July 26, 2024Union Pacific Profit Grows 7%
OMAHA, Neb. — Union Pacific delivered 7% growth in its second-quarter profit even though the number of shipments it hauled remained essentially flat.
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