2024 Top 50 Global Freight Companies

2024 Essential Revenue and Operating Information for the 50 Largest Global Freight Companies

Up Front

Revenues declined in 2023 amid an international trade slump, geopolitical conflicts and economic uncertainty.

E-commerce growth and constraints on ocean shipping have fueled strong demand for airfreight this year.

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
46 41
Toll Group
Australia $5,600 $5,600 100%
32 -
Canadian Pacific Kansas City
Canada $9,298 $9,298 100%
43 45
TFI International
Canada $6,417 $6,417 100%
28 31
Canadian National Railway
Canada $12,459 $12,459 100%
9 12
China State Railway Group
China $35,181 $178,584 19.7%
11 10
SF Express
China $27,182 $27,182 100%
13 8
Cosco Shipping Group
China $24,799 $24,799 100%
24 25
Sinotrans
China $14,376 $14,376 100%
6 5
Maersk
Denmark $48,905 $51,049 95.8%
16 14
DSV A/S
Denmark $21,884 $21,884 100%
7 7
CMA CGM
France $47,020 $47,020 100%
19 24
Geopost
France $16,976 $16,976 100%
27 28
SNCF Group
France $12,594 $45,140 27.9%
36 40
Dachser Group
Germany $7,682 $7,682 100%
5 4
DHL Group
Germany $66,119 $88,513 74.7%
37 47
Rhenus Group
Germany $7,644 $8,115 94.2%
12 15
Deutsche Bahn Group
Germany $26,735 $48,876 54.7%
18 13
Hapag-Lloyd
Germany $19,400 $19,400 100%
44 36
Kerry Logistics
Hong Kong $6,055 $6,055 100%
17 22
Indian Railways
India $19,634 $31,017 63.3%
49 33
ZIM Integrated Shipping Services
Israel $5,162 $5,162 100%
38 46
Kintetsu World Express
Japan $7,515 $7,515 100%
21 21
Nippon Express
Japan $15,935 $15,935 100%
23 16
Ocean Network Express
Japan $14,536 $14,536 100%
25 30
Yamato Holdings
Japan $12,870 $13,066 98.5%
30 35
SG Holdings
Japan $9,689 $10,210 94.9%
33 37
CJ Logistics
South Korea $9,006 $9,006 100%
42 29
HMM Co.
South Korea $6,429 $6,429 100%
8 11
Mediterranean Shipping Co.
Switzerland $42,286 $42,286 100%
10 9
Kuehne + Nagel International
Switzerland $29,659 $29,659 100%
34 20
Evergreen Marine Corp.
Taiwan $8,499 $8,881 95.7%
40 48
GLS Group
The Netherlands $6,693 $6,693 100%
1 1
Amazon.com Inc.
USA $140,053 $573,988 24.4%
2 3
FedEx Corp.
USA $93,316 $93,316 100%
3 2
UPS Inc.
USA $90,958 $90,958 100%
35 34
XPO
USA $7,744 $7,744 100%
4 6
United States Postal Service
USA $79,324 $79,324 100%
39 44
Knight-Swift Transportation
USA $7,142 $7,142 100%
41 -
Ryder System
USA $6,660 $11,783 56.5%
45 50
Old Dominion Freight Line
USA $5,866 $5,866 100%
14 18
Union Pacific Railroad
USA $24,119 $24,119 100%
15 17
BNSF Railway
USA $23,876 $23,876 100%
47 49
Schneider
USA $5,499 $5,499 100%
48 43
Landstar System
USA $5,303 $5,303 100%
50 -
Estes Express Lines
USA $5,074 $5,074 100%
20 19
C.H. Robinson
USA $16,373 $17,605 93%
22 26
CSX Corp.
USA $14,657 $14,657 100%
26 27
J.B. Hunt Transport Services
USA $12,830 $12,830 100%
29 32
Norfolk Southern
USA $12,156 $12,156 100%
31 23
Expeditors International
USA $9,300 $9,300 100%

Extras

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Post-COVID normalization and shaky economic conditions led to a difficult year at container ports and airports in 2023.

Learn more about Transport Topics’ Top 50 Global Freight Companies publication.

Global Freight News

BusinessLogisticsGlobal Freight

Shipping's 'Biggest Geek' to Explore Supply Chain Frontier

Container shipping analyst Lars Jensen on July 1 sets out for an 18-month trip to scope out opportunities and risks to better connect Africa’s economies to the global trading system.

June 5, 2026
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Walmart CEO Points to High Fuel Prices as ‘Stress Point’

CEO John Furner said that low-income consumers are experiencing greater pressure on high gas prices. “That’s really the stress point, is the price of fuel,” he said.

June 3, 2026
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Nearshoring Withstands Tariffs, Geopolitical Upheaval

Nearshoring has further evolved supply chains this year even as tariffs and geopolitical risks have complicated the process.

June 1, 2026
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Oil Companies Scramble for Ships to Secure Transport

Oil companies are rushing to secure giant tankers to ensure they can transport barrels after the industry was upended by war and the largest vessel-buying spree in a generation, DHT's CEO says.

June 1, 2026
GovernmentBusinessLogisticsGlobal Freight

USPS Suspends Nonessential Expenses Amid Cash Shortage

The United States Postal Service is suspending discretionary spending across the organization as it faces a looming liquidity crisis.

May 28, 2026
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USPS Signs Multiyear Deal to Solidify DHL Ties

USPS will carry out last-mile e-commerce deliveries directly to customer homes for DHL under the agreement, the companies said in a statement May 28. 

May 28, 2026
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Kroger Plans Big Price Cuts to Take On Walmart, Costco

Kroger is looking to compete more fiercely with Walmart and other companies that have gained ground in recent years at the expense of traditional grocery operators.

May 21, 2026
GovernmentBusinessEquipmentLogisticsGlobal Freight

DOJ Accuses Chinese Container Makers of Pandemic Price Scheme

The DOJ said it filed criminal charges against four large makers of shipping containers for allegedly colluding to raise prices during the pandemic.

May 20, 2026
BusinessTechnologyLogisticsGlobal FreightPrivate

Amazon’s AI Success Sends Stock Toward $3 Trillion Club

The cloud-computing and e-commerce giant has a market value of $2.9 trillion after adding $432 billion this year.

May 14, 2026
BusinessLogisticsGlobal Freight

Allegiant Air and Sun Country Complete Merger

Along with passenger flights, Sun Country brings into the fold cargo flying for Amazon, as well as charter trips.

May 14, 2026

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