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.
Shippers to Europe Facing $3.6 Billion Carbon Bill in 2024
Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next year, the start of a levy that’s likely to rise as Europe steps up efforts to combat climate change.
November 21, 2023Major Shippers Don’t Predict Issues Meeting Holiday Demand
Carriers like the U.S. Postal Service, FedEx and UPS Inc. have capacity to meet projected demand this holiday season, which is cheery news for shippers and shoppers alike.
November 21, 2023Container Shipping Seeing Major Cuts After $364 Billion Boom
The container shipping industry, after two years of record-high freight rates and slow deliveries, is seeing its boom become a bust due to oversupply following the COVID-19 demand highs.
November 14, 2023Australia Cyberattack Leaves 30,000 Containers Stuck at Ports
DP World Plc is struggling to work through a backlog of 30,000 shipping containers piled up at ports across Australia as the company resumes operations after a cyberattack.
November 13, 2023Container Shipping Set for Downturn, Hapag-Lloyd Chief Says
The container shipping industry faces a few years of headwinds as low freight rates and widening geopolitical turmoil cloud the outlook, according to Hapag-Lloyd AG CEO Rolf Habben Jansen.
November 9, 2023Port of Long Beach Gets DOT Grant for Rail Facility Project
The Port of Long Beach will improve and expand several roadways within its Pier B railyard, officials announced on Nov. 3, with a $52.6 million grant from the Department of Transportation.
November 6, 2023Air and Ocean Freight Deal With Fluctuating Volumes in 2022
2022 saw an eastern shift in container shipping within the United States, while airfreight volumes dipped across North America.
November 3, 2023Port Authorities Look to Make the Right Adjustments
In efforts to improve the supply chain system, U.S. port operators are utilizing advancements in infrastructure and technology to accommodate bigger ships and manage more cargo.
November 3, 2023Amazon'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.
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