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 |
|---|---|---|---|---|---|---|
| 3 | 3 | China Railway Corp. | China | $45,001 | $165,494 | 27.2% |
| 6 | 6 | Deutsche Post DHL Group | Germany | $24,307 | $72,622 | 33.5% |
| 2 | 2 | UPS Inc. | United States | $61,253 | $71,861 | 85.2% |
| 1 | 1 | FedEx Corp. | United States | $63,914 | $68,716 | 93.0% |
| 13 | 15 | Deutsche Bahn AG | Germany | $13,630 | $51,943 | 26.2% |
| 42 | 43 | Lufthansa Group | Germany | $3,201 | $42,292 | 7.6% |
| 4 | 4 | Maersk | Denmark | $34,707 | $39,019 | 88.9% |
| 5 | 5 | Russian Railways | Russia | $26,012 | $38,403 | 67.7% |
| 39 | 37 | Emirates Group | United Arab Emirates | $3,555 | $26,147 | 13.6% |
| 11 | 11 | Indian Railways | India | $18,628 | $26,092 | 71.4% |
| 10 | 10 | BNSF Railway | United States | $22,578 | $23,855 | 94.6% |
| 7 | 9 | CMA CGM Group | France | $23,480 | $23,480 | 100.0% |
| 8 | 7 | Mediterranean Shipping Co. | Switzerland | $22,892 | $22,892 | 100.0% |
| 9 | 8 | Union Pacific Corp. | United States | $22,832 | $22,832 | 100.0% |
| 40 | 39 | Nippon Express | Japan | $3,396 | $19,245 | 17.6% |
| 18 | 13 | NYK Group | Japan | $11,693 | $18,281 | 64.0% |
| 12 | 14 | COSCO Shipping Group | China | $18,179 | $18,179 | 100.0% |
| 25 | 23 | XPO | United States | $8,241 | $17,279 | 47.7% |
| 16 | 18 | Yamato Holdings | Japan | $12,262 | $14,712 | 83.0% |
| 38 | 40 | Cathay Pacific Airways | Hong Kong | $3,613 | $14,170 | 25.5% |
| 14 | 17 | Hapag-Lloyd AG | Germany | $13,586 | $13,586 | 100.0% |
| 15 | 20 | SF Express | China | $13,547 | $13,547 | 100.0% |
| 47 | - | Qatar Airways | Qatar | $2,753 | $13,126 | 21.0% |
| 17 | 16 | CSX Corp. | United States | $12,250 | $12,250 | 100.0% |
| 48 | 47 | Korean Air | South Korea | $2,737 | $11,496 | 23.8% |
| 19 | 19 | Norfolk Southern Corp. | United States | $11,458 | $11,458 | 100.0% |
| 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% |
| 22 | 25 | SG Holdings | Japan | $8,568 | $10,353 | 82.8% |
| 23 | 24 | GeoPost Group | France | $8,306 | $8,699 | 95.5% |
| 26 | 26 | J.B. Hunt Transport Services | United States | $7,297 | $8,615 | 84.7% |
| 24 | 21 | Kawaski Kisen Kaisha Ltd. ( | Japan | $8,299 | $8,299 | 100.0% |
| 43 | 41 | Toll Group | Australia | $3,128 | $6,350 | 49.3% |
| 27 | 28 | Canadian Pacific Railway | Canada | $5,516 | $5,642 | 97.8% |
| 28 | 31 | Evergreen Marine Corp. | Taiwan | $5,210 | $5,613 | 92.8% |
| 33 | 34 | Transnet Group | South Africa | $4,275 | $5,588 | 76.5% |
| 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% |
| 34 | 35 | Schneider | United States | $4,057 | $4,977 | 81.5% |
| 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% |
| 45 | 44 | Pacific International Lines | Singapore | $2,800 | $4,065 | 68.9% |
| 44 | 49 | Wallenius Wilhelmsen Group | Norway | $3,049 | $4,063 | 75.0% |
| 35 | 38 | Old Dominion Freight Line | United States | $4,044 | $4,044 | 100.0% |
| 37 | 36 | TFI International | Canada | $3,746 | $3,951 | 94.8% |
| 36 | - | General Logistics Systems | Netherlands | $3,850 | $3,850 | 100.0% |
| 41 | 42 | ZIM Integrated Shipping Services | Israel | $3,248 | $3,248 | 100.0% |
| 46 | 46 | Estes Express Lines | United States | $2,787 | $3,186 | 87.5% |
| 49 | 45 | Kansas City Southern | United States | $2,714 | $2,714 | 100.0% |
| 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.
Shipping 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
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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, 2023Red Sea Chaos Has Shippers Bracing for Weeks Without Route
The global shipping industry is bracing for the prospect of living without its most important trade route for weeks.
December 19, 2023Maersk Sails South of Africa to Avoid Red Sea Conflict Area
Shipping giant A.P. Moller-Maersk A/S will redirect its vessels to sail south of Africa to avoid the Red Sea conflict area where Houthi militants have attacked several ships.
December 19, 2023Deutsche Bahn to Sell Logistics Unit Schenker
BERLIN — Germany’s main national railway operator, Deutsche Bahn, on Dec. 19 launched an effort to sell its logistics unit, DB Schenker, as the company concentrates on its core business.
December 19, 2023Railroads Urge Border Officials to Reopen US-Mexico Crossings
Railroads are calling for U.S. Customs and Border Protection to reopen U.S.-Mexico rail crossings at El Paso and Eagle Pass, Texas.
December 18, 2023Houthi Attacks Push Shipping Giants to Pause Red Sea Voyages
Attacks on merchant ships by Houthi militants near Yemen in the Red Sea have prompted trade disruption, with major vessel owners Maersk and Hapag-Lloyg halting trips through the area.
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