2025 Essential Revenue and Operating Information for the 50 Largest Global Freight Companies
Up Front
The world’s largest transportation and logistics providers are operating in a highly volatile business environment.
Shippers await clarity on tariffs and trade policies before reconfiguring international supply chains.
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 | 1 | Amazon.com Inc. |
USA | $156,146 | $637,959 | 24.5% |
| 2 | 3 | UPS Inc. |
USA | $91,070 | $91,070 | 100% |
| 3 | 2 | FedEx Corp. |
USA | $87,393 | $87,393 | 100% |
| 4 | 4 | United States Postal Service |
USA | $79,537 | $79,537 | 100% |
| 5 | 5 | DHL Group |
Germany | $67,594 | $91,110 | 74.2% |
| 6 | 7 | CMA CGM |
France | $55,480 | $55,480 | 100% |
| 7 | 6 | Maersk |
Denmark | $52,308 | $55,482 | 94.3% |
| 8 | 11 | SF Express |
China | $39,563 | $39,563 | 100% |
| 9 | 8 | Mediterranean Shipping Co. |
Switzerland | $38,371 | $38,371 | 100% |
| 10 | 9 | China State Railway Group |
China | $33,477 | $166,552 | 20.1% |
| 11 | 13 | Cosco Shipping Group |
China | $32,532 | $32,532 | 100% |
| 12 | 10 | Kuehne + Nagel International |
Switzerland | $31,060 | $31,060 | 100% |
| 13 | 17 | Indian Railways |
India | $26,873 | $49,399 | 54.4% |
| 14 | 14 | Union Pacific Railroad |
USA | $24,250 | $24,250 | 100% |
| 15 | 16 | DSV A/S |
Denmark | $24,232 | $24,232 | 100% |
| 16 | 15 | BNSF Railway |
USA | $23,437 | $23,437 | 100% |
| 17 | 18 | Hapag-Lloyd |
Germany | $20,677 | $20,677 | 100% |
| 18 | 19 | Geopost |
France | $17,135 | $17,135 | 100% |
| 19 | 28 | Canadian National Railway |
Canada | $17,046 | $17,046 | 100% |
| 20 | 21 | Nippon Express |
Japan | $17,030 | $17,030 | 100% |
| 21 | 20 | C.H. Robinson |
USA | $16,354 | $17,725 | 92.3% |
| 22 | 24 | Sinotrans |
China | $14,832 | $14,832 | 100% |
| 23 | 22 | CSX Corp. |
USA | $14,540 | $14,540 | 100% |
| 24 | 23 | Ocean Network Express |
Japan | $14,536 | $14,536 | 100% |
| 25 | 34 | Evergreen Marine Corp. |
Taiwan | $14,434 | $15,083 | 95.7% |
| 26 | 29 | Norfolk Southern |
USA | $12,123 | $12,123 | 100% |
| 27 | 26 | J.B. Hunt Transport Services |
USA | $12,087 | $12,087 | 100% |
| 28 | 27 | SNCF Group |
France | $12,018 | $46,920 | 25.6% |
| 29 | 31 | Expeditors International |
USA | $10,601 | $10,601 | 100% |
| 30 | 32 | Canadian Pacific Kansas City |
Canada | $10,553 | $10,772 | 98% |
| 31 | 25 | Yamato Holdings |
Japan | $10,231 | $11,613 | 88.1% |
| 32 | - | Walmart Inc. |
USA | $9,497 | $680,985 | 1.4% |
| 33 | 37 | Rhenus Group |
Germany | $9,304 | $9,887 | 94.1% |
| 34 | 33 | CJ Logistics |
South Korea | $8,882 | $8,882 | 100% |
| 35 | 36 | Dachser Group |
Germany | $8,655 | $8,655 | 100% |
| 36 | 42 | HMM Co. |
South Korea | $8,577 | $8,577 | 100% |
| 37 | 49 | ZIM Integrated Shipping Services |
Israel | $8,427 | $8,427 | 100% |
| 38 | 30 | SG Holdings |
Japan | $8,247 | $8,699 | 94.8% |
| 39 | 35 | XPO |
USA | $8,072 | $8,072 | 100% |
| 40 | 41 | Ryder System |
USA | $7,746 | $12,636 | 61.3% |
| 41 | 44 | KLN Logistics Group |
Hong Kong | $7,468 | $7,468 | 100% |
| 42 | 39 | Knight-Swift Transportation |
USA | $7,410 | $7,410 | 100% |
| 43 | 43 | TFI International |
Canada | $7,305 | $7,305 | 100% |
| 44 | 38 | Kintetsu World Express |
Japan | $7,005 | $7,005 | 100% |
| 45 | - | Yang Ming Marine Transport |
Taiwan | $6,940 | $6,940 | 100% |
| 46 | 40 | GLS Group |
The Netherlands | $6,059 | $6,059 | 100% |
| 47 | 50 | Estes Express Lines |
USA | $5,864 | $5,864 | 100% |
| 47 | 48 | Landstar System |
USA | $5,819 | $5,819 | 100% |
| 48 | 45 | Old Dominion Freight Line |
USA | $5,815 | $5,815 | 100% |
| 49 | 12 | Deutsche Bahn Group |
Germany | $5,471 | $28,358 | 19.3% |
| 50 | 47 | Schneider |
USA | $5,291 | $5,291 | 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.
* No. 47 Estes Express Lines was added to the list after initial publication due to revised data.
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.

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2024 brought increased volumes to the largest container ports in North America, while cargo airports saw mixed results.
Learn more about Transport Topics’ Top 50 Global Freight Companies publication.
Global Freight News
Maersk stock surges on higher freight rates
Disruptions in the Red Sea and Strait of Hormuz have benefited the container shipping industry by tying up vessel capacity and tipping the supply-demand balance in favor of shipowners.
September 15, 2026Amazon 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, 2026Shipping 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, 2026Amazon 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, 2026Founder 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, 2026Amazon 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, 2026NTSB 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, 2026Amazon 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, 2026Kuehne + 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, 2026CK 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