2023 Essential Revenue and Operating Information for the 50 Largest Global Freight Companies
Up Front

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.

Rankings
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%
Extras

2022 saw an eastern shift in North American ocean freight, while airfreight dipped across the continent.

If your company appears on the 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
Business, Logistics, Global Freight

Maersk Suing Evergreen Over 2021 Suez Canal Blockage

Shipping giant A.P. Moeller-Maersk said in an email to The Associated Press that it filed a claim against Evergreen Marine Corp., the vessel’s Japanese owner and its German technical manager in the Danish Maritime and Commercial High Court.

Samy Magdy | Associated Press
February 13, 2023
Business, Equipment, Global Freight

Maersk Sees Global Trade Contracting as Much as 2.5% in 2023

A.P. Moller-Maersk A/S said “muted” economic growth is set to push the world’s container shipping volumes down by as much as 2.5% this year.

Christian Wienberg | Bloomberg News
February 8, 2023
Business, Logistics, Global Freight

Thousands of CSX Workers First to Get Paid Sick Leave

OMAHA, Neb. — Several thousand workers at CSX will soon get one of the things that pushed the U.S. railroad industry to the brink of a strike last fall: paid sick time.

Josh Funk | Associated Press
February 8, 2023
Business, Equipment, Logistics, Global Freight

Supply Chains Must Change, Says Maersk’s Ditlev Blicher

Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S.

Ann Koh | Bloomberg News
February 8, 2023
Business, For-Hire, Global Freight

FedEx to Cut Management Jobs by More Than 10%

FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery.

Thomas Black | Bloomberg News
February 1, 2023
Government, Business, Global Freight

Drop in Global Shipping Costs Signals Cooling Inflation, Experts Say

The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp drop in maritime-freight expenses since peaking last year will contribute to an easing in price pressures.

Ana Monteiro | Bloomberg News
January 25, 2023
Business, Global Freight

Union Pacific Profit Disappoints After Costly Winter Storms

Union Pacific Corp. reported fourth-quarter profit that missed analysts’ estimates as disruptions from winter storms drove up costs.

Thomas Black | Bloomberg News
January 24, 2023
Business, Logistics, Global Freight, TCA

Port of Mobile Posts All-Time Container Shipping Figures in 2022

The Port of Mobile has set a new record for annual container traffic, beating the benchmark it set in 2021 by more than 11%.

Lawrence Specker | Alabama Media Group
January 20, 2023
Business, Logistics, Global Freight

Multiple Factors Turn California Ports Into ‘Dormant Volcano’

A year ago in early January, a record 109 containerships carrying U.S. imports surrounded the twin ports of Los Angeles and Long Beach, Calif. — as of today, the queue is gone.

Laura Curtis | Bloomberg News
January 11, 2023
Business, Logistics, Global Freight

Labor Disruptions at Ports Quadrupled Globally in 2022

Labor unrest took an unusually heavy toll on ports around the world in 2022, and the outlook for continued economic instability could bring even more upheaval to global supply chains in 2023.

Ann Koh | Bloomberg News
January 10, 2023
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