
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.
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% |
28 | 25 | J.B. Hunt Transport Services | USA | $12,168 | $12,168 | 100% |
49 | 42 | Schneider | USA | $5,609 | $5,609 | 100% |
42 | 40 | TFI International | Canada | $7,220 | $7,220 | 100% |
45 | Landstar System | USA | $6,538 | $6,538 | 100% | |
50 | 36 | Old Dominion Freight Line | USA | $5,256 | $5,256 | 100% |
26 | 24 | XPO | USA | $12,806 | $12,806 | 100% |
5 | 4 | Maersk | Denmark | $60,439 | $61,787 | 97.8% |
16 | 11 | BNSF Railway | USA | $23,282 | $23,282 | 100% |
10 | 5 | Mediterranean Shipping Co. | Switzerland | $32,399 | $32,399 | 100% |
23 | 13 | Indian Railways | India | $15,229 | $17,235 | 88.4% |
24 | 22 | NYK Group | Japan | $13,862 | $15,192 | 91.2% |
6 | 8 | CMA CGM | France | $56,193 | $56,193 | 100% |
27 | 18 | CSX Corp. | USA | $12,522 | $12,522 | 100% |
44 | 27 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $6,893 | $6,893 | 100% |
31 | 19 | Canadian National Railway | Canada | $11,547 | $11,547 | 100% |
12 | 9 | SF Express | China | $29,644 | $29,644 | 100% |
21 | 26 | Evergreen Marine Corp. | Taiwan | $17,031 | $17,522 | 97.2% |
33 | 37 | ZIM Integrated Shipping Services | Israel | $10,729 | $10,729 | 100% |
48 | 32 | Emirates Group | United Arab Emirates | $5,895 | $15,867 | 37.2% |
14 | 10 | Russian Railways | Russia | $27,536 | $33,073 | 83.3% |
13 | DSV A/S | Denmark | $28,983 | $28,983 | 100% | |
47 | 35 | Knight-Swift Transportation | USA | $5,998 | $5,998 | 100% |
34 | 23 | Mitsui O.S.K. Lines | Japan | $10,655 | $11,159 | 95.5% |
36 | 15 | Yamato Holdings | Japan | $9,926 | $14,927 | 66.5% |
30 | 21 | SG Holdings | Japan | $11,616 | $11,948 | 97.2% |
7 | 7 | COSCO Shipping Group | China | $51,722 | $51,722 | 100% |
46 | 31 | Qatar Airways | Qatar | $6,329 | $14,370 | 44% |
11 | 3 | China State Railway Group | China | $32,089 | $166,355 | 19.3% |
3 | 6 | Deutsche Post DHL | Germany | $77,050 | $101,697 | 75.8% |
15 | 14 | Hapag-Lloyd | Germany | $26,339 | $26,339 | 100% |
9 | 17 | Deutsche Bahn Group | Germany | $33,027 | $52,624 | 62.8% |
32 | 20 | Norfolk Southern | USA | $11,142 | $11,142 | 100% |
39 | 33 | Yang Ming Marine Transport Co. | Taiwan | $8,762 | $8,762 | 100% |
41 | 48 | Wan Hai Lines | Taiwan | $8,163 | $8,163 | 100% |
4 | United States Postal Service | USA | $77,040 | $77,040 | 100% | |
8 | Kuehne + Nagel International | Switzerland | $40,147 | $40,147 | 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% |
22 | Expeditors International | USA | $16,524 | $16,524 | 100% | |
25 | SNCF Group | France | $12,896 | $41,094 | 31.4% | |
29 | 29 | HMM Co. | South Korea | $12,048 | $12,048 | 100% |
35 | Kerry Logistics | Hong Kong | $10,520 | $10,520 | 100% | |
37 | CJ Logistics | South Korea | $9,908 | $9,908 | 100% | |
38 | Dachser Group | Germany | $9,744 | $9,744 | 100% | |
40 | Bolloré Logistics | France | $8,648 | $11,615 | 74.5% | |
43 | Kintetsu World Express | Japan | $7,105 | $7,105 | 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.

Last year saw air- and sea-freight volumes bounce back from supply chain struggles.
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Learn more about Transport Topics’ Top 50 Global Freight Companies publication.
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