2022 Essential Revenue and Operating Information for the 50 Largest Global Freight Companies
Up Front
Supply chain disruptions may be easing, but freight volumes continue to stir anxiety in shippers.
Non-asset based companies join the field in this year’s Global Freight Top 50 list.
Get a continent-by-continent and country-by-country look at where the Top 50 Global Freight Companies are based.
Rankings
| Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
|---|---|---|---|---|---|---|
| 1 | 1 | UPS Inc. |
USA | $97,287 | $97,287 | 100% |
| 2 | 2 | FedEx Corp. |
USA | $92,110 | $92,110 | 100% |
| 3 | 6 | Deutsche Post DHL |
Germany | $77,050 | $101,697 | 75.8% |
| 4 | - | United States Postal Service |
USA | $77,040 | $77,040 | 100% |
| 5 | 4 | Maersk |
Denmark | $60,439 | $61,787 | 97.8% |
| 6 | 8 | CMA CGM |
France | $56,193 | $56,193 | 100% |
| 7 | 7 | Cosco Shipping Group |
China | $51,722 | $51,722 | 100% |
| 8 | - | Kuehne + Nagel International |
Switzerland | $40,147 | $40,147 | 100% |
| 9 | 17 | Deutsche Bahn Group |
Germany | $33,027 | $52,624 | 62.8% |
| 10 | 5 | Mediterranean Shipping Co. |
Switzerland | $32,399 | $32,399 | 100% |
| 11 | 3 | China State Railway Group |
China | $32,089 | $166,355 | 19.3% |
| 12 | 9 | SF Express |
China | $29,644 | $29,644 | 100% |
| 13 | - | DSV A/S (North America) |
Denmark | $28,983 | $28,983 | 100% |
| 14 | 10 | Russian Railways |
Russia | $27,536 | $33,073 | 83.3% |
| 15 | 14 | Hapag-Lloyd |
Germany | $26,339 | $26,339 | 100% |
| 16 | 11 | BNSF Railway |
USA | $23,282 | $23,282 | 100% |
| 17 | - | C.H. Robinson |
USA | $22,047 | $23,102 | 95.4% |
| 18 | 12 | Union Pacific Railroad |
USA | $21,804 | $21,804 | 100% |
| 19 | - | Sinotrans |
China | $19,273 | $19,273 | 100% |
| 20 | 16 | GeoPost/DPDgroup |
France | $17,262 | $17,262 | 100% |
| 21 | 26 | Evergreen Marine Corp. |
Taiwan | $17,031 | $17,522 | 97.2% |
| 22 | - | Expeditors International |
USA | $16,524 | $16,524 | 100% |
| 23 | 13 | Indian Railways |
India | $15,229 | $17,235 | 88.4% |
| 24 | 22 | NYK Group |
Japan | $13,862 | $15,192 | 91.2% |
| 25 | - | SNCF Group |
France | $12,896 | $41,094 | 31.4% |
| 26 | 24 | XPO |
USA | $12,806 | $12,806 | 100% |
| 27 | 18 | CSX Corp. |
USA | $12,522 | $12,522 | 100% |
| 28 | 25 | J.B. Hunt Transport Services |
USA | $12,168 | $12,168 | 100% |
| 29 | 29 | HMM Co. |
South Korea | $12,048 | $12,048 | 100% |
| 30 | 21 | SG Holdings |
Japan | $11,616 | $11,948 | 97.2% |
| 31 | 19 | Canadian National Railway |
Canada | $11,547 | $11,547 | 100% |
| 32 | 20 | Norfolk Southern |
USA | $11,142 | $11,142 | 100% |
| 33 | 37 | ZIM Integrated Shipping Services |
Israel | $10,729 | $10,729 | 100% |
| 34 | 23 | Mitsui O.S.K. Lines |
Japan | $10,655 | $11,159 | 95.5% |
| 35 | - | Kerry Logistics |
Hong Kong | $10,520 | $10,520 | 100% |
| 36 | 15 | Yamato Holdings |
Japan | $9,926 | $14,927 | 66.5% |
| 37 | - | CJ Logistics |
South Korea | $9,908 | $9,908 | 100% |
| 38 | - | Dachser Group |
Germany | $9,744 | $9,744 | 100% |
| 39 | 33 | Yang Ming Marine Transport Co. |
Taiwan | $8,762 | $8,762 | 100% |
| 40 | - | Bolloré Logistics |
France | $8,648 | $11,615 | 74.5% |
| 41 | 48 | Wan Hai Lines |
Taiwan | $8,163 | $8,163 | 100% |
| 42 | 40 | TFI International |
Canada | $7,220 | $7,220 | 100% |
| 43 | - | Kintetsu World Express |
Japan | $7,105 | $7,105 | 100% |
| 44 | 27 | Kawasaki Kisen Kaisha Ltd. (K Line) |
Japan | $6,893 | $6,893 | 100% |
| 45 | - | Landstar System |
USA | $6,538 | $6,538 | 100% |
| 46 | 31 | Qatar Airways |
Qatar | $6,329 | $14,370 | 44% |
| 47 | 35 | Knight-Swift Transportation |
USA | $5,998 | $5,998 | 100% |
| 48 | 32 | Emirates Group |
United Arab Emirates | $5,895 | $15,867 | 37.2% |
| 49 | 42 | Schneider |
USA | $5,609 | $5,609 | 100% |
| 50 | 36 | Old Dominion Freight Line |
USA | $5,256 | $5,256 | 100% |
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
Last year saw air- and sea-freight volumes bounce back from supply chain struggles.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 50 Global Freight Companies publication.
Global Freight News
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When Amazon sold its biggest-ever bond earlier this year, it was inundated with investor orders amid hype about the AI boom. This time around, there’s less fanfare.
July 7, 2026Palmer deal gives logistics firm H.Essers U.S. market entry
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July 7, 2026Maersk, Hapag-Lloyd signal Red Sea route return
Maersk and Hapag-Lloyd signaled confidence about resuming passage through the Red Sea, sending the container carriers’ shares down July 6.
July 6, 2026Evergreen Marine searched in insider trading probe
Evergreen Marine confirmed authorities had searched its premises, adding that the company was fully cooperating with the investigation.
July 6, 2026Amazon to pay more than $2M in FTC identity theft case
Amazon agreed to pay $2.25 million to settle U.S. claims that it routinely failed to provide records to help customers who were victims of identity theft.
June 30, 2026Maersk raises profit outlook on solid demand
Maersk upgraded its profit outlook for this year, citing solid demand especially in Asia and a global container market that looks to stay healthy the rest of the year.
June 29, 2026Cargo Ship Attack Tests Reopening of Strait of Hormuz
A ship was hit by an unknown projectile in the Strait of Hormuz, just hours after several freighters turned around while attempting to cross the vital waterway.
June 25, 2026Amazon Prime Day Online Spending Beats Estimate on Day 1
Competitors such as Walmart and Target scheduled overlapping promotions, boosting traffic and shopping across the web.
June 24, 2026FedEx Posts Profit Beat but Package Demand Stays Muted
FedEx reported profit that beat Wall Street’s expectations as the courier navigated tumultuous trade policies and rising costs that have buffeted its business.
June 23, 2026