| Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
|---|---|---|---|---|---|---|
| 50 | - | Wallenius Wilhelmsen Logistics | Norway | $2,308 | $3,321 | 70% |
| 49 | - | Korean Air | South Korea | $2,318 | $10,011 | 23% |
| 48 | 49 | Lufthansa Group | Germany | $2,616 | $35,603 | 7% |
| 47 | 44 | Aurizon | Australia | $2,687 | $2,687 | 100% |
| 46 | 50 | Nippon Express | Japan | $2,810 | $16,046 | 18% |
| 45 | 39 | Kazakhstan Temir Zholy | Kazakhstan | $2,874 | $3,474 | 83% |
| 44 | - | Old Dominion Freight Line | United States | $2,972 | $2,972 | 100% |
| 43 | 48 | Cathay Pacific Airways | Hong Kong | $2,983 | $13,202 | 23% |
| 42 | 45 | ZIM Integrated Shipping Services | Israel | $2,999 | $2,999 | 100% |
| 41 | - | TFI International | Canada | $3,013 | $3,158 | 95% |
| 40 | 47 | Emirates Group | United Arab Emirates | $3,034 | $22,738 | 13% |
| 39 | 41 | Toll Group | Australia | $3,078 | $6,397 | 48% |
| 38 | - | Pacific International Lines | Singapore | $3,169 | $4,600 | 69% |
| 37 | 43 | Schneider | United States | $3,423 | $3,800 | 90% |
| 36 | 36 | Transnet Group | South Africa | $3,707 | $4,887 | 76% |
| 35 | 37 | Evergreen Marine Corp. | Taiwan | $3,857 | $4,220 | 91% |
| 34 | 40 | Swift Transportation | United States | $3,903 | $4,229 | 92% |
| 33 | 35 | Yang Ming Marine Transport Corp. | Taiwan | $4,022 | $4,022 | 100% |
| 32 | 34 | Yellow Corp. | United States | $4,832 | $4,832 | 100% |
| 31 | 31 | Hyundai Merchant Marine Co. | South Korea | $4,878 | $4,878 | 100% |
| 30 | - | XPO | United States | $5,111 | $12,411 | 41% |
| 29 | 30 | Canadian Pacific Railway | Canada | $5,134 | $5,260 | 98% |
| 28 | 32 | J.B. Hunt Transport Services | United States | $5,501 | $6,188 | 89% |
| 27 | 27 | Orient Overseas (International) Ltd. | Hong Kong | $5,953 | $5,953 | 100% |
| 26 | 29 | GeoPost Group | France | $6,131 | $6,303 | 97% |
| 25 | 24 | SG Holdings Group | Japan | $6,318 | $8,215 | 77% |
| 24 | 26 | Hamburg Süd Group | Germany | $6,726 | $6,726 | 100% |
| 23 | 23 | Hanjin Shipping Co. | South Korea | $6,800 | $6,800 | 100% |
| 22 | 28 | SF Express | China | $7,612 | $7,612 | 100% |
| 21 | 20 | Canadian National Railway | Canada | $9,606 | $9,882 | 97% |
| 20 | 19 | Yamato Group | Japan | $9,674 | $11,436 | 85% |
| 19 | 18 | Norfolk Southern Corp. | United States | $10,511 | $10,511 | 100% |
| 18 | 17 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $10,867 | $10,867 | 100% |
| 17 | 15 | CSX Corp. | United States | $11,811 | $11,811 | 100% |
| 16 | 14 | Deutsche Bahn AG | Germany | $12,311 | $44,946 | 27% |
| 15 | 21 | Hapag-Lloyd AG | Germany | $13,441 | $13,441 | 100% |
| 14 | 13 | Mitsui O.S.K Lines | Japan | $13,919 | $15,112 | 92% |
| 13 | 11 | NYK Group | Japan | $14,751 | $20,428 | 72% |
| 12 | 16 | COSCO Group | China | $15,450 | $15,964 | 97% |
| 11 | 10 | Indian Railways | India | $17,868 | $25,653 | 70% |
| 10 | 8 | Mediterranean Shipping Co. | Switzerland | $19,751 | $19,751 | 100% |
| 9 | 9 | Deutsche Post DHL Group | Germany | $19,880 | $65,784 | 30% |
| 8 | 7 | BNSF Railway | United States | $21,002 | $21,967 | 96% |
| 7 | 12 | CMA CGM Group | France | $21,084 | $21,727 | 97% |
| 6 | 5 | Russian Railways | Russia | $21,408 | $32,652 | 66% |
| 5 | 6 | Union Pacific Corp. | United States | $21,813 | $21,813 | 100% |
| 4 | 4 | Maersk | Denmark | $29,696 | $41,205 | 72% |
| 3 | 3 | China Railway Corp. | China | $37,208 | $147,452 | 25% |
| 2 | 1 | UPS Inc. | United States | $51,777 | $58,363 | 89% |
| 1 | 2 | FedEx Corp. | United States | $52,014 | $56,241 | 92% |
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
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Amazon to Expand US Drone Service
Amazon.com’s Prime Air drone program has been cleared by regulators to fly devices beyond the visual line of sight of pilots, increasing range and giving more customers access to the service.
May 30, 2024Some Shipping Container Costs Hit $10,000
Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates.
May 29, 2024Trade Strains Boost Ocean Shipping Cargo Rates
Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply chain managers flashbacks to the demand spike three years ago.
May 28, 2024Walmart Delivers Strong First Quarter
NEW YORK — Walmart Inc. reported another quarter of strong results May 16 as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.
May 16, 2024Amazon Workers Say They Struggle to Afford Food, Rent
Five years after Amazon.com Inc. raised wages to $15 an hour, half of warehouse workers surveyed by researchers say they struggle to afford enough food or a place to live.
May 15, 2024Amazon Chooses Volvo VNR Electric as First Class 8 BET in US
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May 14, 2024Maersk Sees Improved Prospects for Global Container Trade
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May 2, 2024Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit
NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.
April 30, 2024DHL Expands Retail Presence in D.C. Area
DHL expanded its network of retail locations by introducing a store in Fairfax, Va., the company announced April 23.
April 29, 2024Amazon Web Services to Build Data Center in Northern Indiana
NEW CARLISLE, Ind. — Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced.
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