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 (North America) | 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.
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.
Amazon's Logistics Business Tops 2023 Global Freight List
Despite enduring a cooldown in international trade, most of the world’s largest transportation and logistics providers continued to grow their businesses in 2022.
November 3, 2023Georgia Port Expanding to Become Country’s Largest Auto Port
On Oct. 30, Georgia Ports Authority CEO Griff Lynch highlighted expansion projects that will allow the Port of Brunswick to surpass Baltimore as the nation’s top port for automobile shipping as early as 2026.
October 31, 2023Maersk Partners With Kodiak on Autonomous Truck Runs
A.P. Moller-Maersk A/S, the maritime shipping giant that has been diversifying into land transportation, is betting that driverless trucks will help make deliveries more reliable.
October 5, 2023UPS to Hire 30,000 Extra Drivers for Peak Season
UPS Inc. is set to hire more than 30,000 additional drivers for peak season, a mix of package car drivers, commercial driver license drivers and seasonal support drivers.
September 27, 2023Big Emissions Bills Are Coming for Ships Sailing in Europe
The maritime industry will join the European Union's Emissions Trading System in January, meaning big ships will start paying for carbon emissions.
September 18, 2023DHL Express Opens Miami-to-Argentina Cargo Shipping Route
DHL Express started shipping this week from Miami to Argentina, as part of its cargo hauling expansion from South Florida to Latin America.
September 8, 2023AI Fused With Trade Data Could Smooth Clunky Supply Chains
The dawn of artificial intelligence tools like ChatGPT may revolutionize the way data can be used to ferret out risks and opportunities in the $32 trillion global trading system.
September 5, 2023Port of Baltimore Welcomes Biggest Containership Ever
On Aug. 19, the largest containership to ever visit Maryland sailed into the Port of Baltimore.
August 21, 2023East and West Coast Ports Spar Over Who's No. 1
It came as a surprise at the ports of Los Angeles and Long Beach when the ports of New York-New Jersey said their complex was the busiest cargo container handler in America.
August 15, 2023Global Ocean Shipping Costs Creep Higher
Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean freight costs that helped ease the sting of goods inflation is over.
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