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 | 48 | Landstar System |
USA | $5,819 | $5,819 | 100% |
| 47 | 50 | Estes Express Lines |
USA | $5,864 | $5,864 | 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.
Extras
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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
Amazon cargo jet pilots lacked wind data before Miami crash
An air traffic controller didn’t provide an Amazon.com cargo plane with wind information prior to it crashing at Miami International Airport in September.
October 1, 2026Israel finance ministry opposes sale of Zim to Hapag-Lloyd
The ministry objects partly because of Saudi Arabian and Qatari holdings in the German company.
September 29, 2026Canada charts transportation routes beyond U.S.
Canada’s need to expand trade with Europe and Asia is a driving force behind a major new package of regulatory and permitting reforms.
September 22, 2026Kuehne+Nagel enters into long-term collaboration with Amazon
Kuehne+Nagel said the collaboration is designed to strengthen customer services for Amazon and includes Amazon Web Services.
September 21, 2026FedEx-led group completes $8.9B buyout of Poland’s InPost
The transaction gives FedEx a significant foothold in Europe’s rapidly expanding out-of-home delivery market.
September 18, 2026Mitsui to sell older oil tankers as vessel prices surge
The wars in the Middle East and Ukraine are disrupting normal trade routes, tightening shipping capacity and sending freight rates surging.
September 18, 2026Maersk 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.
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