Infrastructure and automation improvements have helped port operators, but there is still more work to be done.
A new No. 1 leads off this year’s Transport Topics Top 50 list of the world’s largest freight companies.
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 | - | Amazon.com Inc. | USA | $117,716 | $514,044 | 22.9% |
| 2 | 1 | UPS Inc. | USA | $100,338 | $100,338 | 100% |
| 3 | 2 | FedEx Corp. | USA | $90,155 | $90,155 | 100% |
| 4 | 3 | DHL Group | Germany | $87,036 | $108,254 | 80.4% |
| 5 | 5 | Maersk | Denmark | $80,023 | $81,490 | 98.2% |
| 6 | 4 | United States Postal Service | USA | $78,507 | $78,507 | 100% |
| 7 | 6 | CMA CGM | France | $74,500 | $74,500 | 100% |
| 8 | 7 | COSCO Shipping Group | China | $58,108 | $58,108 | 100% |
| 9 | 8 | Kuehne + Nagel International | Switzerland | $45,066 | $45,066 | 100% |
| 10 | 12 | SF Express | China | $41,838 | $41,838 | 100% |
| 11 | 10 | Mediterranean Shipping Co. | Switzerland | $38,938 | $38,938 | 100% |
| 12 | 11 | China State Railway Group | China | $38,475 | $199,352 | 19.3% |
| 13 | 15 | Hapag-Lloyd | Germany | $36,319 | $36,319 | 100% |
| 14 | 13 | DSV A/S (North America) | Denmark | $33,298 | $33,298 | 100% |
| 15 | 9 | Deutsche Bahn Group | Germany | $31,101 | $43,681 | 71.2% |
| 16 | - | Ocean Network Express | Japan | $29,916 | $29,916 | 100% |
| 17 | 16 | BNSF Railway | USA | $25,888 | $25,888 | 100% |
| 18 | 18 | Union Pacific Railroad | USA | $24,875 | $24,875 | 100% |
| 19 | 17 | C.H. Robinson | USA | $23,516 | $24,702 | 95.2% |
| 20 | 21 | Evergreen Marine Corp. | Taiwan | $20,587 | $21,050 | 97.8% |
| 21 | - | Nippon Express | Japan | $19,929 | $19,929 | 100% |
| 22 | 23 | Indian Railways | India | $19,338 | $22,885 | 84.5% |
| 23 | 22 | Expeditors International | USA | $17,071 | $17,071 | 100% |
| 24 | 20 | Geopost | France | $16,402 | $16,402 | 100% |
| 25 | 19 | Sinotrans | China | $16,169 | $16,169 | 100% |
| 26 | 27 | CSX Corp. | USA | $14,853 | $14,853 | 100% |
| 27 | 28 | J.B. Hunt Transport Services | USA | $14,814 | $14,814 | 100% |
| 28 | 25 | SNCF Group | France | $14,429 | $43,592 | 33.1% |
| 29 | 29 | HMM Co. | South Korea | $14,380 | $14,380 | 100% |
| 30 | 36 | Yamato Holdings | Japan | $13,501 | $13,693 | 98.6% |
| 31 | 31 | Canadian National Railway | Canada | $13,147 | $13,147 | 100% |
| 32 | 32 | Norfolk Southern | USA | $12,745 | $12,745 | 100% |
| 33 | 33 | ZIM Integrated Shipping Services | Israel | $12,562 | $12,562 | 100% |
| 34 | 26 | XPO | USA | $12,121 | $12,121 | 100% |
| 35 | 30 | SG Holdings | Japan | $11,649 | $11,696 | 99.6% |
| 36 | 35 | Kerry Logistics | Hong Kong | $11,065 | $11,065 | 100% |
| 37 | 37 | CJ Logistics | South Korea | $9,387 | $9,387 | 100% |
| 38 | 39 | Yang Ming Marine Transport Co. | Taiwan | $8,755 | $8,755 | 100% |
| 39 | 41 | Wan Hai Lines | Taiwan | $8,686 | $8,686 | 100% |
| 40 | 38 | Dachser Group | Germany | $8,577 | $8,577 | 100% |
| 41 | - | Toll Group | Australia | $7,800 | $7,800 | 100% |
| 42 | 40 | Bolloré Logistics | France | $7,477 | $11,261 | 66.4% |
| 43 | 45 | Landstar System | USA | $7,437 | $7,437 | 100% |
| 44 | 47 | Knight-Swift Transportation | USA | $7,429 | $7,429 | 100% |
| 45 | 42 | TFI International | Canada | $7,357 | $7,357 | 100% |
| 46 | 43 | Kintetsu World Express | Japan | $7,316 | $7,316 | 100% |
| 47 | - | Rhenus Group | Germany | $7,144 | $7,584 | 94.2% |
| 48 | - | GLS Group | The Netherlands | $6,656 | $6,656 | 100% |
| 49 | 49 | Schneider | USA | $6,604 | $6,604 | 100% |
| 50 | 50 | Old Dominion Freight Line | USA | $6,260 | $6,260 | 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.
2022 saw an eastern shift in North American ocean freight, while airfreight dipped across the continent.
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Learn more about Transport Topics’ Top 50 Global Freight Companies publication.
Two Suspected Houthi Attacks Strike Ships in Red Sea
DUBAI, United Arab Emirates — Two suspected attacks by Yemen’s Houthi rebels targeted ships in the Red Sea on July 15, as a new U.S. aircraft carrier approached the region to provide security.
July 15, 2024Maersk Tankers Bet Billions on Ammonia Fuel Carriers
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Amazon.com Inc. says its carbon emissions fell for a second straight year in 2023 as the company cut spending on new warehouses and cloud-computing data centers.
July 10, 2024Maersk Warns of Shipping Delays Due to Extreme Weather
A.P. Moller-Maersk A/S warned extreme weather conditions and a storm surge lashing the South African coast are expected to cause shipping delays.
July 8, 2024Maersk Drops Out of Bidding for Logistics Giant DB Schenker
A.P. Moller-Maersk A/S withdrew its bid for DB Schenker, the logistics unit of Deutsche Bahn AG that has been reported to be valued at more than $16.1 billion.
July 1, 2024Amazon Plans Discount Web Store to Counter Upstarts
Amazon.com Inc. plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts like Temu and Shein.
June 26, 2024UPS to Sell Coyote Logistics to RXO
UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.
June 24, 2024Amazon Is Shifting to Recycled Paper Filling for Packages
Amazon is shifting from the plastic air pillows used for packaging in North America to recycled paper because it’s more environmentally sound, and it says paper just works better.
June 20, 2024Thousands of Drivers File Arbitration Claims Against Amazon
NEW YORK — Thousands of delivery drivers filed legal claims against Amazon on June 11, alleging the company’s classification of them as independent contractors has led to unpaid wages.
June 11, 2024Dockworkers at Ports From Boston to Houston Halt Labor Talks
The union representing dockworkers at East and Gulf Coast container ports has suspended labor contract negotiations set for June 11, citing a dispute over automation.
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