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 |
|---|---|---|---|---|---|---|
| 50 | - | Cargolux | Luxembourg | $2,634 | $2,634 | 100.0% |
| 49 | 45 | Kansas City Southern | United States | $2,714 | $2,714 | 100.0% |
| 48 | 47 | Korean Air | South Korea | $2,737 | $11,496 | 23.8% |
| 47 | - | Qatar Airways | Qatar | $2,753 | $13,126 | 21.0% |
| 46 | 46 | Estes Express Lines | United States | $2,787 | $3,186 | 87.5% |
| 45 | 44 | Pacific International Lines | Singapore | $2,800 | $4,065 | 68.9% |
| 44 | 49 | Wallenius Wilhelmsen Group | Norway | $3,049 | $4,063 | 75.0% |
| 43 | 41 | Toll Group | Australia | $3,128 | $6,350 | 49.3% |
| 42 | 43 | Lufthansa Group | Germany | $3,201 | $42,292 | 7.6% |
| 41 | 42 | ZIM Integrated Shipping Services | Israel | $3,248 | $3,248 | 100.0% |
| 40 | 39 | Nippon Express | Japan | $3,396 | $19,245 | 17.6% |
| 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% |
| 37 | 36 | TFI International | Canada | $3,746 | $3,951 | 94.8% |
| 36 | - | General Logistics Systems | Netherlands | $3,850 | $3,850 | 100.0% |
| 35 | 38 | Old Dominion Freight Line | United States | $4,044 | $4,044 | 100.0% |
| 34 | 35 | Schneider | United States | $4,057 | $4,977 | 81.5% |
| 33 | 34 | Transnet Group | South Africa | $4,275 | $5,588 | 76.5% |
| 32 | 33 | Yang Ming Marine Transport Corp. | Taiwan | $4,704 | $4,704 | 100.0% |
| 31 | 32 | Hyundai Merchant Marine Co. | South Korea | $4,745 | $4,745 | 100.0% |
| 30 | 30 | Knight-Swift Transportation | United States | $4,760 | $5,344 | 89.1% |
| 29 | 29 | Yellow Corp. | United States | $5,092 | $5,092 | 100.0% |
| 28 | 31 | Evergreen Marine Corp. | Taiwan | $5,210 | $5,613 | 92.8% |
| 27 | 28 | Canadian Pacific Railway | Canada | $5,516 | $5,642 | 97.8% |
| 26 | 26 | J.B. Hunt Transport Services | United States | $7,297 | $8,615 | 84.7% |
| 25 | 23 | XPO | United States | $8,241 | $17,279 | 47.7% |
| 24 | 21 | Kawaski Kisen Kaisha Ltd. ( | Japan | $8,299 | $8,299 | 100.0% |
| 23 | 24 | GeoPost Group | France | $8,306 | $8,699 | 95.5% |
| 22 | 25 | SG Holdings | Japan | $8,568 | $10,353 | 82.8% |
| 21 | 12 | Mitsui O.S.K Lines | Japan | $10,668 | $11,311 | 94.3% |
| 20 | 22 | Canadian National Railway | Canada | $10,747 | $11,045 | 97.3% |
| 19 | 19 | Norfolk Southern Corp. | United States | $11,458 | $11,458 | 100.0% |
| 18 | 13 | NYK Group | Japan | $11,693 | $18,281 | 64.0% |
| 17 | 16 | CSX Corp. | United States | $12,250 | $12,250 | 100.0% |
| 16 | 18 | Yamato Holdings | Japan | $12,262 | $14,712 | 83.0% |
| 15 | 20 | SF Express | China | $13,547 | $13,547 | 100.0% |
| 14 | 17 | Hapag-Lloyd AG | Germany | $13,586 | $13,586 | 100.0% |
| 13 | 15 | Deutsche Bahn AG | Germany | $13,630 | $51,943 | 26.2% |
| 12 | 14 | COSCO Shipping Group | China | $18,179 | $18,179 | 100.0% |
| 11 | 11 | Indian Railways | India | $18,628 | $26,092 | 71.4% |
| 10 | 10 | BNSF Railway | United States | $22,578 | $23,855 | 94.6% |
| 9 | 8 | Union Pacific Corp. | United States | $22,832 | $22,832 | 100.0% |
| 8 | 7 | Mediterranean Shipping Co. | Switzerland | $22,892 | $22,892 | 100.0% |
| 7 | 9 | CMA CGM Group | France | $23,480 | $23,480 | 100.0% |
| 6 | 6 | Deutsche Post DHL Group | Germany | $24,307 | $72,622 | 33.5% |
| 5 | 5 | Russian Railways | Russia | $26,012 | $38,403 | 67.7% |
| 4 | 4 | Maersk | Denmark | $34,707 | $39,019 | 88.9% |
| 3 | 3 | China Railway Corp. | China | $45,001 | $165,494 | 27.2% |
| 2 | 2 | UPS Inc. | United States | $61,253 | $71,861 | 85.2% |
| 1 | 1 | FedEx Corp. | United States | $63,914 | $68,716 | 93.0% |
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.
Greek Shipping Giant Warns Panama Canal Chaos May Hit Suez
Congestion at the Panama Canal could result in delays at Egypt’s Suez Canal, possibly affecting cargoes of liquefied natural gas, according to an official at Angelicoussis Group.
November 29, 2023DP World Says Some Personal Employee Data Stolen in Hack
DP World Plc said workers’ personal information was stolen in the November cyberattack on the port operator’s Australian business.
November 28, 2023Shippers to Europe Facing $3.6 Billion Carbon Bill in 2024
Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next year, the start of a levy that’s likely to rise as Europe steps up efforts to combat climate change.
November 21, 2023Major Shippers Don’t Predict Issues Meeting Holiday Demand
Carriers like the U.S. Postal Service, FedEx and UPS Inc. have capacity to meet projected demand this holiday season, which is cheery news for shippers and shoppers alike.
November 21, 2023Container Shipping Seeing Major Cuts After $364 Billion Boom
The container shipping industry, after two years of record-high freight rates and slow deliveries, is seeing its boom become a bust due to oversupply following the COVID-19 demand highs.
November 14, 2023Australia Cyberattack Leaves 30,000 Containers Stuck at Ports
DP World Plc is struggling to work through a backlog of 30,000 shipping containers piled up at ports across Australia as the company resumes operations after a cyberattack.
November 13, 2023Container Shipping Set for Downturn, Hapag-Lloyd Chief Says
The container shipping industry faces a few years of headwinds as low freight rates and widening geopolitical turmoil cloud the outlook, according to Hapag-Lloyd AG CEO Rolf Habben Jansen.
November 9, 2023Port of Long Beach Gets DOT Grant for Rail Facility Project
The Port of Long Beach will improve and expand several roadways within its Pier B railyard, officials announced on Nov. 3, with a $52.6 million grant from the Department of Transportation.
November 6, 2023Air and Ocean Freight Deal With Fluctuating Volumes in 2022
2022 saw an eastern shift in container shipping within the United States, while airfreight volumes dipped across North America.
November 3, 2023Port Authorities Look to Make the Right Adjustments
In efforts to improve the supply chain system, U.S. port operators are utilizing advancements in infrastructure and technology to accommodate bigger ships and manage more cargo.
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