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.
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.
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.
Container Shipping Seeing Major Cuts After $364 Billion Boom
The container shipping industry, after two years of record-high freight rates and slow deliveries, is seeing its boom become a bust due to oversupply following the COVID-19 demand highs.
Australia Cyberattack Leaves 30,000 Containers Stuck at Ports
DP World Plc is struggling to work through a backlog of 30,000 shipping containers piled up at ports across Australia as the company resumes operations after a cyberattack.
Container Shipping Set for Downturn, Hapag-Lloyd Chief Says
The container shipping industry faces a few years of headwinds as low freight rates and widening geopolitical turmoil cloud the outlook, according to Hapag-Lloyd AG CEO Rolf Habben Jansen.
Port of Long Beach Gets DOT Grant for Rail Facility Project
The Port of Long Beach will improve and expand several roadways within its Pier B railyard, officials announced on Nov. 3, with a $52.6 million grant from the Department of Transportation.
Air and Ocean Freight Deal With Fluctuating Volumes in 2022
2022 saw an eastern shift in container shipping within the United States, while airfreight volumes dipped across North America.
Port Authorities Look to Make the Right Adjustments
In efforts to improve the supply chain system, U.S. port operators are utilizing advancements in infrastructure and technology to accommodate bigger ships and manage more cargo.
Amazon's Logistics Business Tops 2023 Global Freight List
Despite enduring a cooldown in international trade, most of the world’s largest transportation and logistics providers continued to grow their businesses in 2022.
Georgia Port Expanding to Become Country’s Largest Auto Port
On Oct. 30, Georgia Ports Authority CEO Griff Lynch highlighted expansion projects that will allow the Port of Brunswick to surpass Baltimore as the nation’s top port for automobile shipping as early as 2026.
Maersk Partners With Kodiak on Autonomous Truck Runs
A.P. Moller-Maersk A/S, the maritime shipping giant that has been diversifying into land transportation, is betting that driverless trucks will help make deliveries more reliable.
UPS to Hire 30,000 Extra Drivers for Peak Season
UPS Inc. is set to hire more than 30,000 additional drivers for peak season, a mix of package car drivers, commercial driver license drivers and seasonal support drivers.