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|
|3||6||Deutsche Post DHL||Germany||$77,050||$101,697||75.8%|
|4||United States Postal Service||USA||$77,040||$77,040||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%|
|18||12||Union Pacific Railroad||USA||$21,804||$21,804||100%|
|21||26||Evergreen Marine Corp.||Taiwan||$17,031||$17,522||97.2%|
|28||25||J.B. Hunt Transport Services||USA||$12,168||$12,168||100%|
|29||29||HMM Co.||South Korea||$12,048||$12,048||100%|
|31||19||Canadian National Railway||Canada||$11,547||$11,547||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%|
|37||CJ Logistics||South Korea||$9,908||$9,908||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%|
|43||Kintetsu World Express||Japan||$7,105||$7,105||100%|
|44||27||Kawasaki Kisen Kaisha Ltd. (K Line)||Japan||$6,893||$6,893||100%|
|48||32||Emirates Group||United Arab Emirates||$5,895||$15,867||37.2%|
|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
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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.
BONN, Germany — German multinational package delivery and logistics company Deutsche Post DHL Group said June 19 that it is changing its name to DHL Group as of the beginning of July.
ZIM American Integrated Shipping Services, a global container shipping company, is set to relocate its U.S. headquarters from Norfolk, Va., to Virginia Beach.
A group of suburban Chicago communities is appealing the federal approval of the Canadian Pacific-Kansas City Southern merger that is expected to bring more freight trains to the area.
The pandemic’s cargo crush pushed the Los Angeles and Long Beach complex close to the breaking point, allowing ports from New York-New Jersey to Houston to grow their market share.
OMAHA, Neb. — Tens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations.
A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.
Greg Hewitt, CEO of DHL Express U.S., says company leadership is doubling down on its GoGreen Plus program, with a goal of being a net-zero emissions company by 2050.
Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.April 18, 2023
Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).