2023 Top 50 Global Freight Companies

2023 Essential Revenue and Operating Information for the 50 Largest Global Freight Companies

Up Front

Infrastructure and automation improvements have helped port operators, but there is still more work to be done.

A new No. 1 leads off this year’s Transport Topics Top 50 list of the world’s largest freight companies.

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 -
Amazon.com Inc.
USA $117,716 $514,044 22.9%
2 1
UPS Inc.
USA $100,338 $100,338 100%
3 2
FedEx Corp.
USA $90,155 $90,155 100%
4 3
DHL Group
Germany $87,036 $108,254 80.4%
5 5
Maersk
Denmark $80,023 $81,490 98.2%
6 4
United States Postal Service
USA $78,507 $78,507 100%
7 6
CMA CGM
France $74,500 $74,500 100%
8 7
Cosco Shipping Group
China $58,108 $58,108 100%
9 8
Kuehne + Nagel International
Switzerland $45,066 $45,066 100%
10 12
SF Express
China $41,838 $41,838 100%
11 10
Mediterranean Shipping Co.
Switzerland $38,938 $38,938 100%
12 11
China State Railway Group
China $38,475 $199,352 19.3%
13 15
Hapag-Lloyd
Germany $36,319 $36,319 100%
14 13
DSV A/S (North America)
Denmark $33,298 $33,298 100%
15 9
Deutsche Bahn Group
Germany $31,101 $43,681 71.2%
16 -
Ocean Network Express
Japan $29,916 $29,916 100%
17 16
BNSF Railway
USA $25,888 $25,888 100%
18 18
Union Pacific Railroad
USA $24,875 $24,875 100%
19 17
C.H. Robinson
USA $23,516 $24,702 95.2%
20 21
Evergreen Marine Corp.
Taiwan $20,587 $21,050 97.8%
21 -
Nippon Express
Japan $19,929 $19,929 100%
22 23
Indian Railways
India $19,338 $22,885 84.5%
23 22
Expeditors International
USA $17,071 $17,071 100%
24 20
Geopost
France $16,402 $16,402 100%
25 19
Sinotrans
China $16,169 $16,169 100%
26 27
CSX Corp.
USA $14,853 $14,853 100%
27 28
J.B. Hunt Transport Services
USA $14,814 $14,814 100%
28 25
SNCF Group
France $14,429 $43,592 33.1%
29 29
HMM Co.
South Korea $14,380 $14,380 100%
30 36
Yamato Holdings
Japan $13,501 $13,693 98.6%
31 31
Canadian National Railway
Canada $13,147 $13,147 100%
32 32
Norfolk Southern
USA $12,745 $12,745 100%
33 33
ZIM Integrated Shipping Services
Israel $12,562 $12,562 100%
34 26
XPO
USA $12,121 $12,121 100%
35 30
SG Holdings
Japan $11,649 $11,696 99.6%
36 35
Kerry Logistics
Hong Kong $11,065 $11,065 100%
37 37
CJ Logistics
South Korea $9,387 $9,387 100%
38 39
Yang Ming Marine Transport Co.
Taiwan $8,755 $8,755 100%
39 41
Wan Hai Lines
Taiwan $8,686 $8,686 100%
40 38
Dachser Group
Germany $8,577 $8,577 100%
41 -
Toll Group
Australia $7,800 $7,800 100%
42 40
Bolloré Logistics
France $7,477 $11,261 66.4%
43 45
Landstar System
USA $7,437 $7,437 100%
44 47
Knight-Swift Transportation
USA $7,429 $7,429 100%
45 42
TFI International
Canada $7,357 $7,357 100%
46 43
Kintetsu World Express
Japan $7,316 $7,316 100%
47 -
Rhenus Group
Germany $7,144 $7,584 94.2%
48 -
GLS Group
The Netherlands $6,656 $6,656 100%
49 49
Schneider
USA $6,604 $6,604 100%
50 50
Old Dominion Freight Line
USA $6,260 $6,260 100%

Extras

2022 saw an eastern shift in North American ocean freight, while airfreight dipped across the continent.

If your company appears on the 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

GovernmentBusinessFuelLogisticsGlobal FreightTop 50

USPS to increase prices, establish permanent fuel surcharge

The U.S. Postal Service is moving to raise and make permanent its fuel surcharge, which the agency introduced for the first time earlier this year. 

November 12, 2026
GovernmentBusinessLogisticsGlobal FreightTop 50

Top 50 Global Freight Companies prioritize resilience

Global supply chains continue to run on resilience and flexibility as the world’s largest transportation and logistics providers navigate persistent uncertainty.

November 7, 2026
GovernmentBusinessEquipmentLogisticsGlobal FreightTop 50

Cross-border calculus: North American freight networks adapt

Years of shifting tariffs, customs requirements and trade policies have forced shippers and their transportation providers to become more adaptable.

November 7, 2026
GovernmentBusinessTechnologyEquipmentFuelLogisticsFor-HireGlobal Freight

EV truck maker Harbinger raises $240M for power, defense

In September, Harbinger said it received an order from FedEx for 2,000 electric delivery vans in a deal worth more than $300 million. 

November 5, 2026
BusinessEquipmentLogisticsGlobal Freight

Ports of Los Angeles and Long Beach set all-time records

Trucking companies serving the country’s major ports had to grapple with a national shift in volumes toward the West Coast in September.

November 2, 2026
BusinessTechnologyLogisticsGlobal FreightTop 100

AIT to acquire Australia's Connor Anderson International

AIT Worldwide Logistics agreed to acquire Sydney-based freight forwarder Connor Anderson International, expanding AIT’s operations in Australia.

November 2, 2026
BusinessEquipmentLogisticsFor-HireGlobal Freight

FedEx Freight goes hunting after initial consolidation

The company’s revenue was $2.442 billion in the three months that ended Sept. 30, an increase of 8.1% compared with $2.259 billion in the same period a year earlier. 

October 30, 2026
BusinessEquipmentLogisticsFor-HireGlobal FreightTop 100

FedEx Freight posts mixed results in first report

FedEx Freight offered mixed results in its first earnings report, pointing to transitional bumps as the company learns to stand on its own.

October 29, 2026
BusinessEquipmentLogisticsFor-HireGlobal FreightTop 100

FedEx boss optimistic over trucking capacity reductions

FedEx CEO Raj Subramaniam echoed industry optimism over tightening trucking capacity Oct. 28, despite facing short-term cost headwinds.

October 29, 2026
BusinessTechnologyLogisticsGlobal FreightPrivateTop 100

Amazon offers cautious holiday-quarter outlook

Amazon offered a cautious sales outlook for Q4 that encompasses the critical holiday shopping period after delivering Q3 results that came in below analysts' expectations.

October 29, 2026

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