Up Front
Rankings
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 |
|---|---|---|---|---|---|---|
| 1 | 1 | FedEx Corp. |
USA | $64,690 | $69,189 | 93.5% |
| 2 | 2 | UPS Inc. |
USA | $63,978 | $74,094 | 86.3% |
| 3 | 3 | China Railway Corp. |
China | $44,468 | $163,536 | 27.2% |
| 4 | 4 | Maersk |
Denmark | $34,839 | $38,890 | 89.6% |
| 5 | 7 | CMA CGM Group |
France | $30,254 | $30,254 | 100.0% |
| 6 | 5 | Russian Railways |
Russia | $26,267 | $38,618 | 68.0% |
| 7 | 6 | Deutsche Post DHL Group |
Germany | $24,265 | $70,940 | 34.2% |
| 8 | 8 | Mediterranean Shipping Co. |
Switzerland | $24,002 | $24,002 | 100.0% |
| 9 | 10 | BNSF Railway |
USA | $22,328 | $23,515 | 95.0% |
| 10 | 12 | Cosco Shipping Group |
China | $21,787 | $21,787 | 100.0% |
| 11 | 9 | Union Pacific Corp. |
USA | $21,708 | $21,708 | 100.0% |
| 12 | 11 | Indian Railways |
India | $19,036 | $26,991 | 70.5% |
| 13 | 15 | SF Express |
China | $16,050 | $16,050 | 100.0% |
| 14 | 14 | Hapag-Lloyd AG |
Germany | $14,121 | $14,121 | 100.0% |
| 15 | 13 | Deutsche Bahn AG |
Germany | $12,963 | $49,761 | 26.0% |
| 16 | 16 | Yamato Holdings |
Japan | $12,517 | $14,911 | 83.9% |
| 17 | 17 | CSX Corp. |
USA | $11,937 | $11,937 | 100.0% |
| 18 | 19 | Norfolk Southern Corp. |
USA | $11,296 | $11,296 | 100.0% |
| 19 | 20 | Canadian National Railway |
Canada | $10,953 | $11,241 | 97.4% |
| 20 | 18 | NYK Group |
Japan | $10,210 | $16,262 | 62.8% |
| 21 | 21 | Mitsui O.S.K Lines |
Japan | $9,696 | $10,633 | 91.2% |
| 22 | 22 | SG Holdings |
Japan | $9,036 | $10,683 | 84.6% |
| 23 | 23 | GeoPost Group |
France | $8,600 | $8,600 | 100.0% |
| 24 | 25 | XPO |
USA | $7,864 | $16,648 | 47.2% |
| 25 | 26 | J.B. Hunt Transport Services |
USA | $7,829 | $9,165 | 85.4% |
| 26 | 24 | Kawasaki Kisen Kaisha Ltd. (K Line) |
Japan | $7,022 | $7,022 | 100.0% |
| 27 | 27 | Canadian Pacific Railway |
Canada | $5,737 | $5,872 | 97.7% |
| 28 | 28 | Evergreen Marine Corp. |
Taiwan | $5,682 | $6,168 | 92.1% |
| 29 | 29 | Yellow Corp. |
USA | $4,871 | $4,871 | 100.0% |
| 30 | 32 | Yang Ming Marine Transport Corp. |
Taiwan | $4,828 | $4,828 | 100.0% |
| 31 | 31 | Hyundai Merchant Marine Co. |
South Korea | $4,729 | $4,729 | 100.0% |
| 32 | 30 | Knight-Swift Transportation |
USA | $4,408 | $4,844 | 91.0% |
| 33 | 35 | Old Dominion Freight Line |
USA | $4,109 | $4,109 | 100.0% |
| 34 | 33 | Transnet Group |
South Africa | $4,083 | $5,276 | 77.4% |
| 35 | 36 | General Logistics Systems |
Netherlands | $4,034 | $4,034 | 100.0% |
| 36 | 34 | Schneider |
USA | $3,864 | $4,747 | 81.4% |
| 37 | 37 | TFI International |
Canada | $3,691 | $3,902 | 94.6% |
| 38 | 40 | Nippon Express |
Japan | $3,604 | $19,305 | 18.7% |
| 39 | 41 | ZIM Integrated Shipping Services |
Israel | $3,300 | $3,300 | 100.0% |
| 40 | 39 | Emirates Group |
UAE | $3,051 | $24,774 | 12.3% |
| 41 | 38 | Cathay Pacific Airways |
Hong Kong | $3,039 | $13,653 | 22.3% |
| 42 | 44 | Wallenius Wilhelmsen Group |
Norway | $2,998 | $3,909 | 76.7% |
| 43 | 49 | Kansas City Southern |
USA | $2,886 | $2,886 | 100.0% |
| 44 | 43 | Toll Group |
Australia | $2,870 | $5,827 | 49.3% |
| 45 | 46 | Estes Express Lines |
USA | $2,818 | $3,254 | 86.6% |
| 46 | - | Ukrainian Railways |
Ukraine | $2,809 | $3,502 | 80.2% |
| 47 | 42 | Lufthansa Group |
Germany | $2,775 | $41,061 | 6.8% |
| 48 | 47 | Qatar Airways |
Qatar | $2,725 | $14,033 | 19.4% |
| 49 | 45 | Pacific International Lines |
Singapore | $2,639 | $3,831 | 68.9% |
| 50 | - | Kazakhstan Temir Zholy |
Kazakhstan | $2,499 | $2,974 | 84.0% |
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.
Extras
Global Freight News
Ports of Los Angeles and Long Beach set all-time records
Trucking companies serving the country’s major ports had to grapple with a national shift in volumes toward the West Coast in September.
November 2, 2026AIT to acquire Australia's Connor Anderson International
AIT Worldwide Logistics agreed to acquire Sydney-based freight forwarder Connor Anderson International, expanding AIT’s operations in Australia.
November 2, 2026FedEx Freight goes hunting after initial consolidation
The company’s revenue was $2.442 billion in the three months that ended Sept. 30, an increase of 8.1% compared with $2.259 billion in the same period a year earlier.
October 30, 2026FedEx Freight posts mixed results in first report
FedEx Freight offered mixed results in its first earnings report, pointing to transitional bumps as the company learns to stand on its own.
October 29, 2026FedEx boss optimistic over trucking capacity reductions
FedEx CEO Raj Subramaniam echoed industry optimism over tightening trucking capacity Oct. 28, despite facing short-term cost headwinds.
October 29, 2026Amazon offers cautious holiday-quarter outlook
Amazon offered a cautious sales outlook for Q4 that encompasses the critical holiday shopping period after delivering Q3 results that came in below analysts' expectations.
October 29, 2026C.H. Robinson leaders tackle RXO friction concerns
C.H. Robinson Worldwide executives on Oct. 28 pushed back against analysts’ concerns that the RXO acquisition could create operational overlap and friction.
October 29, 2026UPS expects holiday volume dip after Amazon reductions
“As we head into peak, our network is more automated, more efficient and better positioned than ever to handle the holiday surge,” UPS CEO Carol Tomé said.
October 27, 2026U.S.-Asia crude shipments face freight shock
U.S. crude oil exports to Asia are set to hit multiyear lows after the Iran war pushed the cost to lease a tanker for the journey to a record of almost $80 million.
October 22, 2026Amazon to hire 300,000 in holiday season, up 20% from 2025
UPS, which has been reducing package volume from Amazon to focus on more profitable business segments, announced plans to hire more than 100,000 seasonal workers.
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