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

GovernmentBusinessLogisticsGlobal Freight

CK Hutchison Unit Seeks $2 Billion in Panama Ports Dispute

Panama Ports cites the Central American nation's “illegal state takeover” of the Balboa and Cristobal ports, and challenged a Feb. 23 executive decree it said authorized the seizure of its assets.

March 6, 2026
GovernmentBusinessLogisticsGlobal Freight

Panama Surprised by Higher Canal Traffic Amid Trade Wars

Canal revenue increased 8%-10% in the first five months of its fiscal year 2026, which started in October, compared to the same period a year earlier. The canal saw a record $5.7 billion in FY 2025. 

March 6, 2026
GovernmentBusinessFuelLogisticsGlobal Freight

Maersk Suspends More Container Services on Middle East Risks

Maersk will temporarily halt its FM1 Service, which connects the Far East to the Middle East, and its ME11 Service, which links the Middle East to Europe, according to a notice to customers on March 6.

March 6, 2026
GovernmentBusinessFuelLogisticsGlobal Freight

Strait of Hormuz Shipping Is at Near-Total Halt

A review of shipping signals have confirmed only two commercial transits in the past 24 hours, the Joint Maritime Information Center said in a note on March 6.

March 6, 2026
GovernmentBusinessLogisticsGlobal Freight

CK Hutchison Port Sale Plan Stalls Ahead of Trump-Xi Meeting

CK Hutchison's plans to sell its global ports are at an impasse a year after the deal was announced, with hopes pinned on a meeting between Donald Trump and Xi Jinping to yield a breakthrough.

March 6, 2026
BusinessTechnologyLogisticsGlobal FreightPrivateTop 50Top 100

Amazon Web Outage Strands Customers

Amazon.com's website and mobile app malfunctioned for some users March 5, with critical features like product listings and checkout options producing error pages. 

March 5, 2026
GovernmentBusinessLogisticsGlobal Freight

USPS Taps Restructuring Advisers Amid Cash Crunch

The Postal Service hired consulting firm Alvarez & Marsal in recent days to develop a plan, Postmaster General David Steiner said March 4 in an interview.

March 4, 2026
GovernmentBusinessSafetyFuelLogisticsGlobal Freight

Shippers and Oil Traders Seek Details on Trump’s Convoy Plan

With ships unable or unwilling to transit the Strait of Hormuz, producers cannot export, supertanker costs are skyrocketing and storage at many Persian Gulf refineries is filling up fast. 

March 4, 2026
BusinessLogisticsGlobal FreightTop 50

Kuehne + Nagel to Cut 2,000 Jobs as War Pressures Markets

The conflict in the Middle East creates additional unknowns. “The whole issue of supply chain reliability will become more important,” CEO Stefan Paul told journalists on March 3.

March 3, 2026
GovernmentBusinessSafetyFuelLogisticsGlobal FreightTop 100

Containership Giants Move Freight Away From Gulf Hot Spots

Some carriers are canceling bookings temporarily, skipping some port calls, warning of delays and implementing surcharges to transport containers through the conflict zone. 

March 2, 2026

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