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

GovernmentBusinessTechnologyEquipmentSafetyLogisticsGlobal FreightPrivate

Amazon suspends use of cargo carrier after fatal crash

The jet’s ownership history, weather conditions at the airport, maintenance records and operations by 21 Air were expected to be reviewed by investigators with the NTSB.

September 14, 2026
GovernmentBusinessSafetyFuelLogisticsGlobal Freight

Shipping nations warn global trade is fracturing

The armed conflicts, trade wars and extreme weather events hammering maritime supply chains are signs of a “structural shift” for global trade.

September 10, 2026
GovernmentBusinessTechnologyEquipmentSafetyLogisticsGlobal FreightPrivate

Amazon Air crash puts outsourcing model in focus again

Amazon’s use of contract cargo carriers may limit its liability after a fatal Miami crash involving an Amazon-branded jet.

September 9, 2026
BusinessTechnologyLogisticsGlobal Freight

Founder of cargo booking platform Freightos seeks new chairman

The founder of cargo booking platform Freightos is calling for a board shake-up including the ouster of Chairman Udo Lange, citing a drop in the company’s share price.

September 9, 2026
GovernmentBusinessSafetyLogisticsGlobal FreightPrivate

Amazon cargo jet increased thrust before runway overrun

The Amazon cargo plane that crashed in Miami on Sept. 7 increased thrust just seconds before it overran the runway and careered into two vehicles, NTSB said.

September 9, 2026
GovernmentBusinessSafetyLogisticsGlobal FreightPrivate

NTSB probes Amazon cargo jet’s fiery runway crash

Federal investigators examining the crash in Miami are trying to determine whether the plane touched down too late to stop safely.

September 8, 2026
GovernmentBusinessTechnologyLogisticsGlobal FreightPrivateTop 100

Amazon faces FTC lawsuit over sponsored ad pricing

The FTC and a group of U.S. states sued Amazon over claims the e-commerce giant systematically overcharged advertisers by more than $20 billion since 2019. 

September 1, 2026
BusinessLogisticsGlobal Freight

Kuehne + Nagel owner Klaus-Michael Kuehne dies at 89

Klaus-Michael Kuehne broadened the company's  global reach through acquisitions. Under his leadership, the firm grew over decades into a global transport behemoth with more than 1,300 offices worldwide.

August 24, 2026
GovernmentBusinessLogisticsGlobal Freight

CK Hutchison seeks $1.5 billion in damages from Panama

Panama’s government in February seized the Balboa and Cristobal ports after its Supreme Court ruled that a concession held by CK Hutchison’s subsidiary to run the two ports was unconstitutional.

August 20, 2026
BusinessTechnologyLogisticsAutonomousGlobal FreightPrivate

Amazon to expand drone delivery to 500 cities

Customers could receive the drone deliveries in as fast as 30 minutes, Amazon said in a news release. The drones can carry packages up to 5 pounds.

August 19, 2026

Archives

  • 2024

  • 2023

  • 2022

  • 2021

  • 2020

  • 2019

  • 2018

  • 2017

  • 2016

  • 2015