Top 50 Global Freight | Airport Data
Port Data: Pacific Northwest | California & Pacific Islands | North Atlantic | Mid-Atlantic & South Atlantic | Mexico & Central America | Gulf Coast | Caribbean | Great Lakes
| Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
|---|---|---|---|---|---|---|
| 2 | 2 | UPS Inc. | United States | $61,253 | $71,861 | 85.2% |
| 1 | 1 | FedEx Corp. | United States | $63,914 | $68,716 | 93.0% |
| 29 | 29 | Yellow Corp. | United States | $5,092 | $5,092 | 100.0% |
| 34 | 35 | Schneider | United States | $4,057 | $4,977 | 81.5% |
| 37 | 36 | TFI International | Canada | $3,746 | $3,951 | 94.8% |
| 25 | 23 | XPO | United States | $8,241 | $17,279 | 47.7% |
| 46 | 46 | Estes Express Lines | United States | $2,787 | $3,186 | 87.5% |
| 3 | 3 | China Railway Corp. | China | $45,001 | $165,494 | 27.2% |
| 4 | 4 | Maersk | Denmark | $34,707 | $39,019 | 88.9% |
| 9 | 8 | Union Pacific Corp. | United States | $22,832 | $22,832 | 100.0% |
| 10 | 10 | BNSF Railway | United States | $22,578 | $23,855 | 94.6% |
| 8 | 7 | Mediterranean Shipping Co. | Switzerland | $22,892 | $22,892 | 100.0% |
| 6 | 6 | Deutsche Post DHL Group | Germany | $24,307 | $72,622 | 33.5% |
| 11 | 11 | Indian Railways | India | $18,628 | $26,092 | 71.4% |
| 18 | 13 | NYK Group | Japan | $11,693 | $18,281 | 64.0% |
| 13 | 15 | Deutsche Bahn AG | Germany | $13,630 | $51,943 | 26.2% |
| 17 | 16 | CSX Corp. | United States | $12,250 | $12,250 | 100.0% |
| 19 | 19 | Norfolk Southern Corp. | United States | $11,458 | $11,458 | 100.0% |
| 20 | 22 | Canadian National Railway | Canada | $10,747 | $11,045 | 97.3% |
| 14 | 17 | Hapag-Lloyd AG | Germany | $13,586 | $13,586 | 100.0% |
| 15 | 20 | SF Express | China | $13,547 | $13,547 | 100.0% |
| 23 | 24 | GeoPost Group | France | $8,306 | $8,699 | 95.5% |
| 27 | 28 | Canadian Pacific Railway | Canada | $5,516 | $5,642 | 97.8% |
| 31 | 32 | Hyundai Merchant Marine Co. | South Korea | $4,745 | $4,745 | 100.0% |
| 32 | 33 | Yang Ming Marine Transport Corp. | Taiwan | $4,704 | $4,704 | 100.0% |
| 33 | 34 | Transnet Group | South Africa | $4,275 | $5,588 | 76.5% |
| 28 | 31 | Evergreen Marine Corp. | Taiwan | $5,210 | $5,613 | 92.8% |
| 43 | 41 | Toll Group | Australia | $3,128 | $6,350 | 49.3% |
| 41 | 42 | ZIM Integrated Shipping Services | Israel | $3,248 | $3,248 | 100.0% |
| 39 | 37 | Emirates Group | United Arab Emirates | $3,555 | $26,147 | 13.6% |
| 38 | 40 | Cathay Pacific Airways | Hong Kong | $3,613 | $14,170 | 25.5% |
| 42 | 43 | Lufthansa Group | Germany | $3,201 | $42,292 | 7.6% |
| 40 | 39 | Nippon Express | Japan | $3,396 | $19,245 | 17.6% |
| 26 | 26 | J.B. Hunt Transport Services | United States | $7,297 | $8,615 | 84.7% |
| 5 | 5 | Russian Railways | Russia | $26,012 | $38,403 | 67.7% |
| 7 | 9 | CMA CGM Group | France | $23,480 | $23,480 | 100.0% |
| 21 | 12 | Mitsui O.S.K Lines | Japan | $10,668 | $11,311 | 94.3% |
| 45 | 44 | Pacific International Lines | Singapore | $2,800 | $4,065 | 68.9% |
| 48 | 47 | Korean Air | South Korea | $2,737 | $11,496 | 23.8% |
| 49 | 45 | Kansas City Southern | United States | $2,714 | $2,714 | 100.0% |
| 30 | 30 | Knight-Swift Transportation | United States | $4,760 | $5,344 | 89.1% |
| 16 | 18 | Yamato Holdings | Japan | $12,262 | $14,712 | 83.0% |
| 22 | 25 | SG Holdings | Japan | $8,568 | $10,353 | 82.8% |
| 44 | 49 | Wallenius Wilhelmsen Group | Norway | $3,049 | $4,063 | 75.0% |
| 36 | - | General Logistics Systems | Netherlands | $3,850 | $3,850 | 100.0% |
| 12 | 14 | COSCO Shipping Group | China | $18,179 | $18,179 | 100.0% |
| 24 | 21 | Kawaski Kisen Kaisha Ltd. ( | Japan | $8,299 | $8,299 | 100.0% |
| 35 | 38 | Old Dominion Freight Line | United States | $4,044 | $4,044 | 100.0% |
| 47 | - | Qatar Airways | Qatar | $2,753 | $13,126 | 21.0% |
| 50 | - | Cargolux | Luxembourg | $2,634 | $2,634 | 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
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.
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May 8, 2023Engineers Frustrated With Railroad Sick Time Policies
OMAHA, Neb. — Tens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations.
May 8, 2023Maersk Profits Slip in Q1, Forecasts Weak 2023
A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.
May 4, 2023DHL Plans Third Air Cargo Hub in California
Greg Hewitt, CEO of DHL Express U.S., says company leadership is doubling down on its GoGreen Plus program, with a goal of being a net-zero emissions company by 2050.
May 1, 2023FedEx Freight Plans Closure of 29 Locations
FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.
May 1, 2023Nippon Express in Talks to Buy Logistics Firm Cargo-Partner
Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.
April 18, 2023CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion
Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).
April 18, 2023FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective
FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.
March 17, 2023Global Supply Chains Back to Normal, N.Y. Fed Says
Global supply chains have returned to normal, the Federal Reserve Bank of New York said, almost three years after COVID-19 was declared a pandemic.
March 6, 2023French Shipping Giant CMA CGM Warns Demand Is Falling
French shipping giant CMA CGM SA warned of a steep drop in demand so far this year, extending a slump that led to a more than halving of quarterly profit.
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