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 |
|---|---|---|---|---|---|---|
| 32 | - | Walmart Inc. | USA | $9,497 | $680,985 | 1.4% |
| 2 | 3 | UPS Inc. | USA | $91,070 | $91,070 | 100% |
| 34 | 33 | CJ Logistics | South Korea | $8,882 | $8,882 | 100% |
| 3 | 2 | FedEx Corp. | USA | $87,393 | $87,393 | 100% |
| 35 | 36 | Dachser Group | Germany | $8,655 | $8,655 | 100% |
| 4 | 4 | United States Postal Service | USA | $79,537 | $79,537 | 100% |
| 36 | 42 | HMM Co. | South Korea | $8,577 | $8,577 | 100% |
| 37 | 49 | ZIM Integrated Shipping Services | Israel | $8,427 | $8,427 | 100% |
| 6 | 7 | CMA CGM | France | $55,480 | $55,480 | 100% |
| 39 | 35 | XPO | USA | $8,072 | $8,072 | 100% |
| 8 | 11 | SF Express | China | $39,563 | $39,563 | 100% |
| 41 | 44 | KLN Logistics Group | Hong Kong | $7,468 | $7,468 | 100% |
| 9 | 8 | Mediterranean Shipping Co. | Switzerland | $38,371 | $38,371 | 100% |
| 42 | 39 | Knight-Swift Transportation | USA | $7,410 | $7,410 | 100% |
| 43 | 43 | TFI International | Canada | $7,305 | $7,305 | 100% |
| 11 | 13 | Cosco Shipping Group | China | $32,532 | $32,532 | 100% |
| 44 | 38 | Kintetsu World Express | Japan | $7,005 | $7,005 | 100% |
| 12 | 10 | Kuehne + Nagel International | Switzerland | $31,060 | $31,060 | 100% |
| 45 | - | Yang Ming Marine Transport | Taiwan | $6,940 | $6,940 | 100% |
| 46 | 40 | GLS Group | The Netherlands | $6,059 | $6,059 | 100% |
| 14 | 14 | Union Pacific Railroad | USA | $24,250 | $24,250 | 100% |
| 47 | 48 | Landstar System | USA | $5,819 | $5,819 | 100% |
| 15 | 16 | DSV A/S | Denmark | $24,232 | $24,232 | 100% |
| 48 | 45 | Old Dominion Freight Line | USA | $5,815 | $5,815 | 100% |
| 16 | 15 | BNSF Railway | USA | $23,437 | $23,437 | 100% |
| 17 | 18 | Hapag-Lloyd | Germany | $20,677 | $20,677 | 100% |
| 50 | 47 | Schneider | USA | $5,291 | $5,291 | 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% |
| 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% |
| 26 | 29 | Norfolk Southern | USA | $12,123 | $12,123 | 100% |
| 27 | 26 | J.B. Hunt Transport Services | USA | $12,087 | $12,087 | 100% |
| 29 | 31 | Expeditors International | USA | $10,601 | $10,601 | 100% |
| 49 | 12 | Deutsche Bahn Group | Germany | $5,471 | $28,358 | 19.3% |
| 10 | 9 | China State Railway Group | China | $33,477 | $166,552 | 20.1% |
| 1 | 1 | Amazon.com Inc. | USA | $156,146 | $637,959 | 24.5% |
| 28 | 27 | SNCF Group | France | $12,018 | $46,920 | 25.6% |
| 13 | 17 | Indian Railways | India | $26,873 | $49,399 | 54.4% |
| 40 | 41 | Ryder System | USA | $7,746 | $12,636 | 61.3% |
| 5 | 5 | DHL Group | Germany | $67,594 | $91,110 | 74.2% |
| 31 | 25 | Yamato Holdings | Japan | $10,231 | $11,613 | 88.1% |
| 21 | 20 | C.H. Robinson | USA | $16,354 | $17,725 | 92.3% |
| 33 | 37 | Rhenus Group | Germany | $9,304 | $9,887 | 94.1% |
| 7 | 6 | Maersk | Denmark | $52,308 | $55,482 | 94.3% |
| 38 | 30 | SG Holdings | Japan | $8,247 | $8,699 | 94.8% |
| 25 | 34 | Evergreen Marine Corp. | Taiwan | $14,434 | $15,083 | 95.7% |
| 30 | 32 | Canadian Pacific Kansas City | Canada | $10,553 | $10,772 | 98% |
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.
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 Opens New Ground Freight Site Near Port of Savannah
Maersk says the Savannah, Ga., facility follows recent ground freight openings in Lake City, Ga., and Dallas-Fort Worth, and creates an ecosystem of integrated services.
December 9, 2025Dow's Transportation Average Blazes 9-Day Winning Streak
Equity traders looking for signs that a blistering stock market advance is set to continue may take their cue from the companies that move goods across America’s roads, rails and waterways.
December 5, 2025Ocean Shipping Rates Surge on Conflicts, Supply Disruptions
Daily earnings to transport crude on key routes have seen the biggest jump this year, up 467%. Freight costs typically dip at year-end due to seasonal weakness in demand.
December 4, 2025South Africa to Prosecute Maersk, CMA Units for Price Fixing
The companies allegedly fixed the general rate increase charged to customers for shipping cargo between South Africa and Asia and between the nation and the western part of Africa from 2008 to 2018.
December 2, 2025Amazon Tests 30-Minute Delivery in Philadelphia, Seattle
Amazon will use “specialized smaller facilities” for the deliveries, the e-commerce giant said Dec. 1 in a statement. The fee will start at $13.99, discounted to $3.99 for Prime members.
December 1, 2025FedEx to Slash 856 Texas Jobs After Customer Moves Business
FedEx plans to cut hundreds of jobs in Texas after a third-party logistics customer opted to move its business to a new location and a different company.
November 26, 2025UPS, FedEx, Others Face Long-Term Effects of MD-11 Grounding
The grounding of the workhorse freighter plane involved in a deadly crash in Kentucky may drag on for an “undeterminable period,” creating havoc for UPS, FedEx and a Florida-based carrier.
November 25, 2025Layoffs Piling Up Across Many Industries
Amid wider economic uncertainty, sizable layoffs have continued to pile up for companies across many industries, including transportation — raising worker anxieties.
November 21, 2025Trucking Prepares for Subdued 2025 Holiday Shipping Season
Carriers attribute the softer outlook to shippers front-loading inventory earlier in the year due to tariff concerns, combined with cautious consumer spending amid inflation worries.
November 20, 2025UPS Plane That Crashed in Kentucky Had Cracks in Engine Mount
A series of photos released by the National Transportation Safety Board shows the left engine coming off the UPS plane and flying up and over the wing as it rolled down the runway.
November 20, 2025
