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.
| Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
|---|---|---|---|---|---|---|
| 41 | - | Toll Group | Australia | $7,800 | $7,800 | 100% |
| 45 | 42 | TFI International | Canada | $7,357 | $7,357 | 100% |
| 31 | 31 | Canadian National Railway | Canada | $13,147 | $13,147 | 100% |
| 8 | 7 | COSCO Shipping Group | China | $58,108 | $58,108 | 100% |
| 10 | 12 | SF Express | China | $41,838 | $41,838 | 100% |
| 12 | 11 | China State Railway Group | China | $38,475 | $199,352 | 19.3% |
| 25 | 19 | Sinotrans | China | $16,169 | $16,169 | 100% |
| 5 | 5 | Maersk | Denmark | $80,023 | $81,490 | 98.2% |
| 14 | 13 | DSV A/S (North America) | Denmark | $33,298 | $33,298 | 100% |
| 7 | 6 | CMA CGM | France | $74,500 | $74,500 | 100% |
| 42 | 40 | Bolloré Logistics | France | $7,477 | $11,261 | 66.4% |
| 24 | 20 | Geopost | France | $16,402 | $16,402 | 100% |
| 28 | 25 | SNCF Group | France | $14,429 | $43,592 | 33.1% |
| 4 | 3 | DHL Group | Germany | $87,036 | $108,254 | 80.4% |
| 40 | 38 | Dachser Group | Germany | $8,577 | $8,577 | 100% |
| 13 | 15 | Hapag-Lloyd | Germany | $36,319 | $36,319 | 100% |
| 15 | 9 | Deutsche Bahn Group | Germany | $31,101 | $43,681 | 71.2% |
| 47 | - | Rhenus Group | Germany | $7,144 | $7,584 | 94.2% |
| 36 | 35 | Kerry Logistics | Hong Kong | $11,065 | $11,065 | 100% |
| 22 | 23 | Indian Railways | India | $19,338 | $22,885 | 84.5% |
| 33 | 33 | ZIM Integrated Shipping Services | Israel | $12,562 | $12,562 | 100% |
| 35 | 30 | SG Holdings | Japan | $11,649 | $11,696 | 99.6% |
| 46 | 43 | Kintetsu World Express | Japan | $7,316 | $7,316 | 100% |
| 16 | - | Ocean Network Express | Japan | $29,916 | $29,916 | 100% |
| 21 | - | Nippon Express | Japan | $19,929 | $19,929 | 100% |
| 30 | 36 | Yamato Holdings | Japan | $13,501 | $13,693 | 98.6% |
| 37 | 37 | CJ Logistics | South Korea | $9,387 | $9,387 | 100% |
| 29 | 29 | HMM Co. | South Korea | $14,380 | $14,380 | 100% |
| 9 | 8 | Kuehne + Nagel International | Switzerland | $45,066 | $45,066 | 100% |
| 11 | 10 | Mediterranean Shipping Co. | Switzerland | $38,938 | $38,938 | 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% |
| 20 | 21 | Evergreen Marine Corp. | Taiwan | $20,587 | $21,050 | 97.8% |
| 48 | - | GLS Group | The Netherlands | $6,656 | $6,656 | 100% |
| 32 | 32 | Norfolk Southern | USA | $12,745 | $12,745 | 100% |
| 1 | - | Amazon.com Inc. | USA | $117,716 | $514,044 | 22.9% |
| 34 | 26 | XPO | USA | $12,121 | $12,121 | 100% |
| 2 | 1 | UPS Inc. | USA | $100,338 | $100,338 | 100% |
| 3 | 2 | FedEx Corp. | USA | $90,155 | $90,155 | 100% |
| 6 | 4 | United States Postal Service | USA | $78,507 | $78,507 | 100% |
| 43 | 45 | Landstar System | USA | $7,437 | $7,437 | 100% |
| 44 | 47 | Knight-Swift Transportation | USA | $7,429 | $7,429 | 100% |
| 17 | 16 | BNSF Railway | USA | $25,888 | $25,888 | 100% |
| 49 | 49 | Schneider | USA | $6,604 | $6,604 | 100% |
| 18 | 18 | Union Pacific Railroad | USA | $24,875 | $24,875 | 100% |
| 50 | 50 | Old Dominion Freight Line | USA | $6,260 | $6,260 | 100% |
| 19 | 17 | C.H. Robinson | USA | $23,516 | $24,702 | 95.2% |
| 23 | 22 | Expeditors International | USA | $17,071 | $17,071 | 100% |
| 26 | 27 | CSX Corp. | USA | $14,853 | $14,853 | 100% |
| 27 | 28 | J.B. Hunt Transport Services | USA | $14,814 | $14,814 | 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.
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.
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.
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June 11, 2024-
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