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
To be included in the Top 50 list, please send contact information to firstname.lastname@example.org. 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.
Global Freight News
Maersk Expands Green Fleet With $1 Billion Order for Vessels
A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, ordered six large containerships that can sail on green methanol as part of the transport giant’s plan to become carbon neutral.
MSC Launches Air Cargo Business
Mediterranean Shipping Co., the world’s largest container line, will expand into air cargo using four leased Boeing Co. wide-body freighters after missing out in a bid for Italy’s flag-carrier airline.
Shipping Container Lines Set to Smash Year-Old Profit Record
The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labor strains that are squeezing capacity amid sustained U.S. demand for imports.
HMM to Continue Deploying More Ships as Port Congestion Persists
HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s exporters struggling to transport goods overseas.
Labor Leaders Optimistic Over Port Contract Talks
With negotiations expected to begin soon between the 22,000-member International Longshore and Warehouse Union and the Pacific Maritime Association, ILWU leaders are expressing confidence that the two sides will reach an agreement — without an interruption in work — before the June 30 deadline for the current contract expiration.