| Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
|---|---|---|---|---|---|---|
| 41 | 39 | Toll Group | Australia | $2,838 | $5,898 | 48.1% |
| 42 | 47 | Aurizon | Australia | $2,588 | $2,588 | 100.0% |
| 40 | 41 | TFI International | Canada | $2,857 | $2,994 | 95.4% |
| 21 | 21 | Canadian National Railway | Canada | $8,689 | $8,953 | 97.0% |
| 30 | 29 | Canadian Pacific Railway | Canada | $4,508 | $4,636 | 97.2% |
| 3 | 3 | China Railway Corp. | China | $32,445 | $136,680 | 23.7% |
| 18 | 12 | China COSCO Shipping Corp. | China | $10,518 | $10,518 | 100.0% |
| 22 | 22 | SF Express | China | $8,585 | $8,585 | 100.0% |
| 4 | 4 | Maersk | Denmark | $26,410 | $36,408 | 72.5% |
| 10 | 7 | CMA CGM Group | France | $15,977 | $15,977 | 100.0% |
| 25 | 26 | GeoPost Group | France | $6,583 | $6,825 | 96.5% |
| 6 | 9 | Deutsche Post DHL Group | Germany | $20,260 | $63,460 | 31.9% |
| 46 | 48 | Lufthansa Group | Germany | $2,307 | $35,043 | 6.6% |
| 14 | 16 | Deutsche Bahn AG | Germany | $12,085 | $44,912 | 26.9% |
| 15 | 15 | Hapag-Lloyd AG | Germany | $11,662 | $11,662 | 100.0% |
| 26 | 24 | Hamburg Süd Group | Germany | $6,234 | $6,234 | 100.0% |
| 43 | 43 | Cathay Pacific Airways | Hong Kong | $2,584 | $11,946 | 21.6% |
| 28 | 27 | Orient Overseas International | Hong Kong | $5,298 | $5,298 | 100.0% |
| 11 | 11 | Indian Railways | India | $15,929 | $24,574 | 64.8% |
| 44 | 42 | ZIM Integrated Shipping Services | Israel | $2,540 | $2,540 | 100.0% |
| 37 | 46 | Nippon Express | Japan | $2,993 | $17,092 | 18.3% |
| 12 | 13 | NYK Group | Japan | $12,789 | $18,395 | 69.5% |
| 13 | 14 | Mitsui O.S.K Lines | Japan | $12,731 | $13,607 | 93.6% |
| 16 | 20 | Yamato Group | Japan | $11,136 | $16,881 | 66.0% |
| 20 | 18 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $9,465 | $9,465 | 100.0% |
| 24 | 25 | SG Holdings Group | Japan | $7,142 | $8,858 | 80.6% |
| 5 | 6 | Russian Railways | Russia | $20,863 | $31,957 | 65.3% |
| 47 | 38 | Pacific International Lines | Singapore | $2,194 | $3,184 | 68.9% |
| 34 | 36 | Transnet Group | South Africa | $3,426 | $4,464 | 76.8% |
| 50 | 49 | Korean Air | South Korea | $2,107 | $9,918 | 21.2% |
| 31 | 31 | Hyundai Merchant Marine Co. | South Korea | $3,749 | $3,749 | 100.0% |
| 9 | 10 | Mediterranean Shipping Co. | Switzerland | $17,675 | $17,675 | 100.0% |
| 33 | 33 | Yang Ming Marine Transport Corp. | Taiwan | $3,579 | $3,579 | 100.0% |
| 35 | 35 | Evergreen Marine Corp. | Taiwan | $3,412 | $3,836 | 88.9% |
| 49 | - | Ukrainian Railways | Ukraine | $2,131 | $2,605 | 81.8% |
| 39 | 40 | Emirates Group | United Arab Emirates | $2,884 | $22,799 | 12.6% |
| 32 | 34 | Swift Transportation | United States | $3,721 | $4,032 | 92.3% |
| 1 | 1 | FedEx Corp. | United States | $55,684 | $60,319 | 93.3% |
| 2 | 2 | UPS Inc. | United States | $53,387 | $60,906 | 87.7% |
| 36 | 37 | Schneider | United States | $3,383 | $4,046 | 83.6% |
| 38 | 44 | Old Dominion Freight Line | United States | $2,992 | $2,992 | 100.0% |
| 7 | 5 | Union Pacific Corp. | United States | $19,941 | $19,941 | 100.0% |
| 8 | 8 | BNSF Railway | United States | $18,921 | $19,829 | 95.4% |
| 45 | - | Kansas City Southern | United States | $2,334 | $2,334 | 100.0% |
| 48 | - | Estes Express Lines | United States | $2,155 | $2,397 | 89.9% |
| 17 | 17 | CSX Corp. | United States | $11,069 | $11,069 | 100.0% |
| 19 | 19 | Norfolk Southern Corp. | United States | $9,888 | $9,888 | 100.0% |
| 23 | 30 | XPO | United States | $7,388 | $14,619 | 50.5% |
| 27 | 28 | J.B. Hunt Transport Services | United States | $5,717 | $6,555 | 87.2% |
| 29 | 32 | Yellow Corp. | United States | $4,698 | $4,698 | 100.0% |
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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February 8, 2024Cincinnati Airport Deploys Autonomous Baggage Handling EVs
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