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%
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%
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
Government, Business, Safety, Global Freight

Maersk Warns of Slowdown Once Freight Boost Fades

A.P. Moller-Maersk A/S shares plunged after the company said it expects renewed gloom in the industry this year when the current boost to freight rates from the Red Sea conflict evaporates.

February 8, 2024
Business, Technology, Logistics, Autonomous, Global Freight, TCA

Cincinnati Airport Deploys Autonomous Baggage Handling EVs

Cincinnati/Northern Kentucky International Airport is using devices known as Auto-DollyTugs, electric autonomous vehicles complete with “robotic arms,” to handle baggage and cargo.

Skip Descant | Government Technology
February 6, 2024
Business, Technology, Logistics, Global Freight

Amazon Beats Revenue and Profit Expectations for Q4

Amazon on Feb. 1 reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season.

Haleluya Hadero | Associated Press
February 2, 2024
Business, Logistics, Global Freight, TCA

Container Boom Leads to Q4 Earnings Dip at Hapag-Lloyd

HAMBURG, Germany — The sharp drop in freight prices following the pandemic has caused a slump in sales and profits at German container shipping company Hapag-Lloyd.

dpa | Hamburg, Germany
January 31, 2024
Business, Logistics, Global Freight

Georgia Ports Handled Record Number of Automobiles in 2023

SAVANNAH, Ga. — The Georgia Ports Authority said that it moved a record number of automobiles across its docks in Brunswick in 2023, while goods sent to Savannah in containers declined 16%.

Russ Bynum | Associated Press
January 30, 2024
Government, Business, Technology, Equipment, Logistics, Global Freight

Freight Elite Struggle to Hit Climate Goals as Demand Surges

Although there are signs of progress, the largest delivery companies have scaled back climate pledges and the industry isn’t keeping pace with climbing emissions from a global demand surge.

Ben Elgin | Bloomberg News
January 30, 2024
Government, Technology, Safety, Global Freight

Norfolk Southern Piloting Anonymous Employee Safety Hotline

OMAHA, Neb. — About 1,000 engineers and conductors who work for Norfolk Southern soon will be able to report safety concerns anonymously through a federal system without fear of discipline.

Josh Funk | Associated Press
January 30, 2024
Business, Fuel, Global Freight

Maersk Unveils World’s Biggest Methanol-Powered Containership

A.P. Moller-Maersk A/S’s newest methanol-powered vessel will soon set sail from South Korea as the shipper seeks to reduce emissions in one of the world’s most-polluting industries.

Heejin Kim | Bloomberg News
January 26, 2024
Business, Safety, Logistics, Global Freight

Union Pacific Profit Up 1% in Q4 as Deliveries Rise

OMAHA, Neb. — Union Pacific’s fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles.

Josh Funk | Associated Press
January 25, 2024
Business, Logistics, Global Freight

Canadian National Railway Maintains Earnings Growth Forecast

Canadian National Railway is sticking with its outlook for double-digit profit growth over the next few years, moving past a 2023 marred by labor strife, low grain shipments and a sluggish economy.

Stephanie Hughes | Bloomberg News
January 24, 2024
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