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.
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Learn more about Transport Topics’ Top 50 Global Freight Companies publication.
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