
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 |
---|---|---|---|---|---|---|
50 | 50 | Old Dominion Freight Line | USA | $6,260 | $6,260 | 100% |
49 | 49 | Schneider | USA | $6,604 | $6,604 | 100% |
48 | - | GLS Group | The Netherlands | $6,656 | $6,656 | 100% |
47 | - | Rhenus Group | Germany | $7,144 | $7,584 | 94.2% |
46 | 43 | Kintetsu World Express | Japan | $7,316 | $7,316 | 100% |
45 | 42 | TFI International | Canada | $7,357 | $7,357 | 100% |
44 | 47 | Knight-Swift Transportation | USA | $7,429 | $7,429 | 100% |
43 | 45 | Landstar System | USA | $7,437 | $7,437 | 100% |
42 | 40 | Bolloré Logistics | France | $7,477 | $11,261 | 66.4% |
41 | - | Toll Group | Australia | $7,800 | $7,800 | 100% |
40 | 38 | Dachser Group | Germany | $8,577 | $8,577 | 100% |
39 | 41 | Wan Hai Lines | Taiwan | $8,686 | $8,686 | 100% |
38 | 39 | Yang Ming Marine Transport Co. | Taiwan | $8,755 | $8,755 | 100% |
37 | 37 | CJ Logistics | South Korea | $9,387 | $9,387 | 100% |
36 | 35 | Kerry Logistics | Hong Kong | $11,065 | $11,065 | 100% |
35 | 30 | SG Holdings | Japan | $11,649 | $11,696 | 99.6% |
34 | 26 | XPO | USA | $12,121 | $12,121 | 100% |
33 | 33 | ZIM Integrated Shipping Services | Israel | $12,562 | $12,562 | 100% |
32 | 32 | Norfolk Southern | USA | $12,745 | $12,745 | 100% |
31 | 31 | Canadian National Railway | Canada | $13,147 | $13,147 | 100% |
30 | 36 | Yamato Holdings | Japan | $13,501 | $13,693 | 98.6% |
29 | 29 | HMM Co. | South Korea | $14,380 | $14,380 | 100% |
28 | 25 | SNCF Group | France | $14,429 | $43,592 | 33.1% |
27 | 28 | J.B. Hunt Transport Services | USA | $14,814 | $14,814 | 100% |
26 | 27 | CSX Corp. | USA | $14,853 | $14,853 | 100% |
25 | 19 | Sinotrans | China | $16,169 | $16,169 | 100% |
24 | 20 | Geopost | France | $16,402 | $16,402 | 100% |
23 | 22 | Expeditors International | USA | $17,071 | $17,071 | 100% |
22 | 23 | Indian Railways | India | $19,338 | $22,885 | 84.5% |
21 | - | Nippon Express | Japan | $19,929 | $19,929 | 100% |
20 | 21 | Evergreen Marine Corp. | Taiwan | $20,587 | $21,050 | 97.8% |
19 | 17 | C.H. Robinson | USA | $23,516 | $24,702 | 95.2% |
18 | 18 | Union Pacific Railroad | USA | $24,875 | $24,875 | 100% |
17 | 16 | BNSF Railway | USA | $25,888 | $25,888 | 100% |
16 | - | Ocean Network Express | Japan | $29,916 | $29,916 | 100% |
15 | 9 | Deutsche Bahn Group | Germany | $31,101 | $43,681 | 71.2% |
14 | 13 | DSV A/S (North America) | Denmark | $33,298 | $33,298 | 100% |
13 | 15 | Hapag-Lloyd | Germany | $36,319 | $36,319 | 100% |
12 | 11 | China State Railway Group | China | $38,475 | $199,352 | 19.3% |
11 | 10 | Mediterranean Shipping Co. | Switzerland | $38,938 | $38,938 | 100% |
10 | 12 | SF Express | China | $41,838 | $41,838 | 100% |
9 | 8 | Kuehne + Nagel International | Switzerland | $45,066 | $45,066 | 100% |
8 | 7 | COSCO Shipping Group | China | $58,108 | $58,108 | 100% |
7 | 6 | CMA CGM | France | $74,500 | $74,500 | 100% |
6 | 4 | United States Postal Service | USA | $78,507 | $78,507 | 100% |
5 | 5 | Maersk | Denmark | $80,023 | $81,490 | 98.2% |
4 | 3 | DHL Group | Germany | $87,036 | $108,254 | 80.4% |
3 | 2 | FedEx Corp. | USA | $90,155 | $90,155 | 100% |
2 | 1 | UPS Inc. | USA | $100,338 | $100,338 | 100% |
1 | - | Amazon.com Inc. | USA | $117,716 | $514,044 | 22.9% |
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.
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Learn more about Transport Topics’ Top 50 Global Freight Companies publication.
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