| Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
|---|---|---|---|---|---|---|
| 26 | 24 | Hamburg Süd Group | Germany | $6,234 | $6,234 | 100.0% |
| 28 | 27 | Orient Overseas International | Hong Kong | $5,298 | $5,298 | 100.0% |
| 29 | 32 | Yellow Corp. | United States | $4,698 | $4,698 | 100.0% |
| 31 | 31 | Hyundai Merchant Marine Co. | South Korea | $3,749 | $3,749 | 100.0% |
| 33 | 33 | Yang Ming Marine Transport Corp. | Taiwan | $3,579 | $3,579 | 100.0% |
| 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% |
| 9 | 10 | Mediterranean Shipping Co. | Switzerland | $17,675 | $17,675 | 100.0% |
| 10 | 7 | CMA CGM Group | France | $15,977 | $15,977 | 100.0% |
| 42 | 47 | Aurizon | Australia | $2,588 | $2,588 | 100.0% |
| 44 | 42 | ZIM Integrated Shipping Services | Israel | $2,540 | $2,540 | 100.0% |
| 45 | - | Kansas City Southern | United States | $2,334 | $2,334 | 100.0% |
| 15 | 15 | Hapag-Lloyd AG | Germany | $11,662 | $11,662 | 100.0% |
| 17 | 17 | CSX Corp. | United States | $11,069 | $11,069 | 100.0% |
| 18 | 12 | China COSCO Shipping Corp. | China | $10,518 | $10,518 | 100.0% |
| 19 | 19 | Norfolk Southern Corp. | United States | $9,888 | $9,888 | 100.0% |
| 20 | 18 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $9,465 | $9,465 | 100.0% |
| 22 | 22 | SF Express | China | $8,585 | $8,585 | 100.0% |
| 39 | 40 | Emirates Group | United Arab Emirates | $2,884 | $22,799 | 12.6% |
| 37 | 46 | Nippon Express | Japan | $2,993 | $17,092 | 18.3% |
| 50 | 49 | Korean Air | South Korea | $2,107 | $9,918 | 21.2% |
| 43 | 43 | Cathay Pacific Airways | Hong Kong | $2,584 | $11,946 | 21.6% |
| 3 | 3 | China Railway Corp. | China | $32,445 | $136,680 | 23.7% |
| 14 | 16 | Deutsche Bahn AG | Germany | $12,085 | $44,912 | 26.9% |
| 6 | 9 | Deutsche Post DHL Group | Germany | $20,260 | $63,460 | 31.9% |
| 41 | 39 | Toll Group | Australia | $2,838 | $5,898 | 48.1% |
| 23 | 30 | XPO | United States | $7,388 | $14,619 | 50.5% |
| 46 | 48 | Lufthansa Group | Germany | $2,307 | $35,043 | 6.6% |
| 11 | 11 | Indian Railways | India | $15,929 | $24,574 | 64.8% |
| 5 | 6 | Russian Railways | Russia | $20,863 | $31,957 | 65.3% |
| 16 | 20 | Yamato Group | Japan | $11,136 | $16,881 | 66.0% |
| 47 | 38 | Pacific International Lines | Singapore | $2,194 | $3,184 | 68.9% |
| 12 | 13 | NYK Group | Japan | $12,789 | $18,395 | 69.5% |
| 4 | 4 | Maersk | Denmark | $26,410 | $36,408 | 72.5% |
| 34 | 36 | Transnet Group | South Africa | $3,426 | $4,464 | 76.8% |
| 24 | 25 | SG Holdings Group | Japan | $7,142 | $8,858 | 80.6% |
| 49 | - | Ukrainian Railways | Ukraine | $2,131 | $2,605 | 81.8% |
| 36 | 37 | Schneider | United States | $3,383 | $4,046 | 83.6% |
| 27 | 28 | J.B. Hunt Transport Services | United States | $5,717 | $6,555 | 87.2% |
| 2 | 2 | UPS Inc. | United States | $53,387 | $60,906 | 87.7% |
| 35 | 35 | Evergreen Marine Corp. | Taiwan | $3,412 | $3,836 | 88.9% |
| 48 | - | Estes Express Lines | United States | $2,155 | $2,397 | 89.9% |
| 32 | 34 | Swift Transportation | United States | $3,721 | $4,032 | 92.3% |
| 1 | 1 | FedEx Corp. | United States | $55,684 | $60,319 | 93.3% |
| 13 | 14 | Mitsui O.S.K Lines | Japan | $12,731 | $13,607 | 93.6% |
| 8 | 8 | BNSF Railway | United States | $18,921 | $19,829 | 95.4% |
| 40 | 41 | TFI International | Canada | $2,857 | $2,994 | 95.4% |
| 25 | 26 | GeoPost Group | France | $6,583 | $6,825 | 96.5% |
| 21 | 21 | Canadian National Railway | Canada | $8,689 | $8,953 | 97.0% |
| 30 | 29 | Canadian Pacific Railway | Canada | $4,508 | $4,636 | 97.2% |
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.
Learn more about Transport Topics' Top 50 Global Freight Carriers Publication
If your company appears in the 2017 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
CMA CGM, Subsidiary Ceva to Buy UK Logistics Firm Wincanton
French shipping giant CMA CGM SA agreed to buy U.K. logistics company Wincanton Plc, part of the billionaire Saade family’s buying spree to diversify its transport operations.
January 19, 2024Maersk, Hapag-Lloyd to Operate Some Ships as Joint Fleet
Global shipping giants Hapag-Lloyd and Maersk have struck a partnership deal to operate some of their ships as a joint fleet in the future, the companies announced Jan. 17.
January 17, 2024Shipping CEOs See No Short-Term End to Red Sea Disruptions
The CEOs of two leading freight carriers said they expect Red Sea threats to disrupt shipping for weeks or months longer.
January 17, 2024How the Red Sea Conflict Is Crimping Global Trade
The attacks on commercial ships in the Red Sea by Houthi rebels have rerouted most of the trade normally flowing through the crucial maritime artery for consumer goods and energy supplies.
January 12, 2024US Trucking Faces Downstream Effects From Suez Canal Attacks
A militant group that is attacking container vessels along the Suez Canal in Egypt is causing shipment disruptions that threaten to inflict downstream effects on the U.S. trucking sector.
January 9, 2024Shipping Shows Signs of Panic as Houthis Menace Trade Lane
Container shipping is set to face a crunch ahead of the Lunar New Year holiday as Houthi attacks in the Red Sea restrict capacity, a major industry consultant said.
January 8, 2024Maersk Extends Red Sea Diversion and Warns Risk Will Persist
A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess the situation.
January 5, 2024Amazon Captured 29% of Online Orders Before Christmas
Amazon's share of online orders spiked in the final days of the holiday season, showing how big investments in delivery speed paid off as shoppers sought out products they could get quickly.
January 5, 2024Spot Container Shipping Rates Soar 173% on Red Sea Threats
Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.
January 4, 2024Daimler Partners With Amazon for Fuel Cell Truck Trials
Daimler Truck plans to begin the first on-road customer tests of hydrogen fuel cell-powered Mercedes-Benz GenH2 trucks in global markets in the middle of 2024.
December 20, 2023-
2022
-
2021
-
2020
-
2019
-
2018
-
2017
-
2016
-
2015
