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 |
|---|---|---|---|---|---|---|
| 50 | 36 | Old Dominion Freight Line | USA | $5,256 | $5,256 | 100% |
| 49 | 42 | Schneider | USA | $5,609 | $5,609 | 100% |
| 47 | 35 | Knight-Swift Transportation | USA | $5,998 | $5,998 | 100% |
| 45 | Landstar System | USA | $6,538 | $6,538 | 100% | |
| 44 | 27 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $6,893 | $6,893 | 100% |
| 43 | Kintetsu World Express | Japan | $7,105 | $7,105 | 100% | |
| 42 | 40 | TFI International | Canada | $7,220 | $7,220 | 100% |
| 41 | 48 | Wan Hai Lines | Taiwan | $8,163 | $8,163 | 100% |
| 39 | 33 | Yang Ming Marine Transport Co. | Taiwan | $8,762 | $8,762 | 100% |
| 38 | Dachser Group | Germany | $9,744 | $9,744 | 100% | |
| 37 | CJ Logistics | South Korea | $9,908 | $9,908 | 100% | |
| 35 | Kerry Logistics | Hong Kong | $10,520 | $10,520 | 100% | |
| 33 | 37 | ZIM Integrated Shipping Services | Israel | $10,729 | $10,729 | 100% |
| 32 | 20 | Norfolk Southern | USA | $11,142 | $11,142 | 100% |
| 34 | 23 | Mitsui O.S.K. Lines | Japan | $10,655 | $11,159 | 95.5% |
| 31 | 19 | Canadian National Railway | Canada | $11,547 | $11,547 | 100% |
| 40 | Bolloré Logistics | France | $8,648 | $11,615 | 74.5% | |
| 30 | 21 | SG Holdings | Japan | $11,616 | $11,948 | 97.2% |
| 29 | 29 | HMM Co. | South Korea | $12,048 | $12,048 | 100% |
| 28 | 25 | J.B. Hunt Transport Services | USA | $12,168 | $12,168 | 100% |
| 27 | 18 | CSX Corp. | USA | $12,522 | $12,522 | 100% |
| 26 | 24 | XPO | USA | $12,806 | $12,806 | 100% |
| 46 | 31 | Qatar Airways | Qatar | $6,329 | $14,370 | 44% |
| 36 | 15 | Yamato Holdings | Japan | $9,926 | $14,927 | 66.5% |
| 24 | 22 | NYK Group | Japan | $13,862 | $15,192 | 91.2% |
| 48 | 32 | Emirates Group | United Arab Emirates | $5,895 | $15,867 | 37.2% |
| 22 | Expeditors International | USA | $16,524 | $16,524 | 100% | |
| 23 | 13 | Indian Railways | India | $15,229 | $17,235 | 88.4% |
| 20 | 16 | GeoPost/DPDgroup | France | $17,262 | $17,262 | 100% |
| 21 | 26 | Evergreen Marine Corp. | Taiwan | $17,031 | $17,522 | 97.2% |
| 19 | Sinotrans | China | $19,273 | $19,273 | 100% | |
| 18 | 12 | Union Pacific Railroad | USA | $21,804 | $21,804 | 100% |
| 17 | C.H. Robinson | USA | $22,047 | $23,102 | 95.4% | |
| 16 | 11 | BNSF Railway | USA | $23,282 | $23,282 | 100% |
| 15 | 14 | Hapag-Lloyd | Germany | $26,339 | $26,339 | 100% |
| 13 | DSV A/S | Denmark | $28,983 | $28,983 | 100% | |
| 12 | 9 | SF Express | China | $29,644 | $29,644 | 100% |
| 10 | 5 | Mediterranean Shipping Co. | Switzerland | $32,399 | $32,399 | 100% |
| 14 | 10 | Russian Railways | Russia | $27,536 | $33,073 | 83.3% |
| 8 | Kuehne + Nagel International | Switzerland | $40,147 | $40,147 | 100% | |
| 25 | SNCF Group | France | $12,896 | $41,094 | 31.4% | |
| 7 | 7 | COSCO Shipping Group | China | $51,722 | $51,722 | 100% |
| 9 | 17 | Deutsche Bahn Group | Germany | $33,027 | $52,624 | 62.8% |
| 6 | 8 | CMA CGM | France | $56,193 | $56,193 | 100% |
| 5 | 4 | Maersk | Denmark | $60,439 | $61,787 | 97.8% |
| 4 | United States Postal Service | USA | $77,040 | $77,040 | 100% | |
| 2 | 2 | FedEx Corp. | USA | $92,110 | $92,110 | 100% |
| 1 | 1 | UPS Inc. | USA | $97,287 | $97,287 | 100% |
| 3 | 6 | Deutsche Post DHL | Germany | $77,050 | $101,697 | 75.8% |
| 11 | 3 | China State Railway Group | China | $32,089 | $166,355 | 19.3% |
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.
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June 26, 2023
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