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2022 Essential Revenue and Operating Information for the 50 Largest Global Freight Companies
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Up Front
Supply chain disruptions may be easing, but freight volumes continue to stir anxiety in shippers.
Non-asset based companies join the field in this year’s Global Freight Top 50 list.
Get a continent-by-continent and country-by-country look at where the Top 50 Global Freight Companies are based.
Rankings
Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
---|---|---|---|---|---|---|
1 | 1 | UPS Inc. | USA | $97,287 | $97,287 | 100% |
2 | 2 | FedEx Corp. | USA | $92,110 | $92,110 | 100% |
3 | 6 | Deutsche Post DHL | Germany | $77,050 | $101,697 | 75.8% |
4 | - | United States Postal Service | USA | $77,040 | $77,040 | 100% |
5 | 4 | Maersk | Denmark | $60,439 | $61,787 | 97.8% |
6 | 8 | CMA CGM | France | $56,193 | $56,193 | 100% |
7 | 7 | Cosco Shipping Group | China | $51,722 | $51,722 | 100% |
8 | - | Kuehne + Nagel International | Switzerland | $40,147 | $40,147 | 100% |
9 | 17 | Deutsche Bahn Group | Germany | $33,027 | $52,624 | 62.8% |
10 | 5 | Mediterranean Shipping Co. | Switzerland | $32,399 | $32,399 | 100% |
11 | 3 | China State Railway Group | China | $32,089 | $166,355 | 19.3% |
12 | 9 | SF Express | China | $29,644 | $29,644 | 100% |
13 | - | DSV A/S (North America) | Denmark | $28,983 | $28,983 | 100% |
14 | 10 | Russian Railways | Russia | $27,536 | $33,073 | 83.3% |
15 | 14 | Hapag-Lloyd | Germany | $26,339 | $26,339 | 100% |
16 | 11 | BNSF Railway | USA | $23,282 | $23,282 | 100% |
17 | - | C.H. Robinson | USA | $22,047 | $23,102 | 95.4% |
18 | 12 | Union Pacific Railroad | USA | $21,804 | $21,804 | 100% |
19 | - | Sinotrans | China | $19,273 | $19,273 | 100% |
20 | 16 | GeoPost/DPDgroup | France | $17,262 | $17,262 | 100% |
21 | 26 | Evergreen Marine Corp. | Taiwan | $17,031 | $17,522 | 97.2% |
22 | - | Expeditors International | USA | $16,524 | $16,524 | 100% |
23 | 13 | Indian Railways | India | $15,229 | $17,235 | 88.4% |
24 | 22 | NYK Group | Japan | $13,862 | $15,192 | 91.2% |
25 | - | SNCF Group | France | $12,896 | $41,094 | 31.4% |
26 | 24 | XPO | USA | $12,806 | $12,806 | 100% |
27 | 18 | CSX Corp. | USA | $12,522 | $12,522 | 100% |
28 | 25 | J.B. Hunt Transport Services | USA | $12,168 | $12,168 | 100% |
29 | 29 | HMM Co. | South Korea | $12,048 | $12,048 | 100% |
30 | 21 | SG Holdings | Japan | $11,616 | $11,948 | 97.2% |
31 | 19 | Canadian National Railway | Canada | $11,547 | $11,547 | 100% |
32 | 20 | Norfolk Southern | USA | $11,142 | $11,142 | 100% |
33 | 37 | ZIM Integrated Shipping Services | Israel | $10,729 | $10,729 | 100% |
34 | 23 | Mitsui O.S.K. Lines | Japan | $10,655 | $11,159 | 95.5% |
35 | - | Kerry Logistics | Hong Kong | $10,520 | $10,520 | 100% |
36 | 15 | Yamato Holdings | Japan | $9,926 | $14,927 | 66.5% |
37 | - | CJ Logistics | South Korea | $9,908 | $9,908 | 100% |
38 | - | Dachser Group | Germany | $9,744 | $9,744 | 100% |
39 | 33 | Yang Ming Marine Transport Co. | Taiwan | $8,762 | $8,762 | 100% |
40 | - | Bolloré Logistics | France | $8,648 | $11,615 | 74.5% |
41 | 48 | Wan Hai Lines | Taiwan | $8,163 | $8,163 | 100% |
42 | 40 | TFI International | Canada | $7,220 | $7,220 | 100% |
43 | - | Kintetsu World Express | Japan | $7,105 | $7,105 | 100% |
44 | 27 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $6,893 | $6,893 | 100% |
45 | - | Landstar System | USA | $6,538 | $6,538 | 100% |
46 | 31 | Qatar Airways | Qatar | $6,329 | $14,370 | 44% |
47 | 35 | Knight-Swift Transportation | USA | $5,998 | $5,998 | 100% |
48 | 32 | Emirates Group | United Arab Emirates | $5,895 | $15,867 | 37.2% |
49 | 42 | Schneider | USA | $5,609 | $5,609 | 100% |
50 | 36 | Old Dominion Freight Line | USA | $5,256 | $5,256 | 100% |
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
To be included in the Top 50 list, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 50 list.
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Extras
Last year saw air- and sea-freight volumes bounce back from supply chain struggles.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 50 Global Freight Companies publication.
Global Freight News
Rivian Broadens Sales of Van Once Exclusive to Amazon
Rivian said it will sell its electric delivery van designed for Amazon to other customers, a move to boost revenue from fleet operators as consumer demand for battery-powered cars slows.
Trump Maintains Duty-Free Exception on Chinese Goods
President Donald Trump said he would maintain the duty-free exception for low-value packages coming from China until “adequate systems are in place to fully and expediently process and collect tariff revenue.”
Amazon Posts Strong Q4 Earnings, but Stock Dips on Q1 Outlook
Amazon on Feb. 6 reported better-than-expected revenue and profit for the holiday shopping period, but its share price dipped in after-hours trading due to disappointing guidance for Q1.
Logistics Agents Put 30% Levy on Shein, Temu Retailers
Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S.
February 6, 2025US Postal Service Resumes Accepting Packages From China
The U.S. Postal Service on Feb. 5 said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.
Amazon to Face Legal Action After Layoffs in Quebec
Amazon.com Inc.’s decision to close all seven of its warehouses in the Canadian province of Quebec and terminate more than 1,900 workers is prompting legal action from the affected union.
UPS Posts 1.5% Revenue Growth; Shares Fall on Amazon Deal
UPS Inc. experienced revenue and earnings growth despite a tougher freight market in the fourth quarter of 2024, the parcel delivery company reported Jan. 30.
US, UK Ships Return to Red Sea on Houthis’ Vow to Hold Fire
British and American ships are tentatively returning to the Red Sea after Yemen’s Houthi rebels vowed to hold off attacks on vessels linked to both nations.
Whole Foods CEO Buechel Named Amazon’s Grocery Chief
Buechel, a former management consultant, joined Whole Foods in 2013, and led efforts to unify the formerly decentralized chain’s technology and record-keeping systems.
Amazon Layoffs Prompt Canada to Review Government Deals
Canada’s industry minister said Amazon’s decision to shut down all warehouses in Quebec and cut close to 2,000 jobs would prompt the government to examine its current deals with the company.