2024 Essential Revenue and Operating Information for the 50 Largest Global Freight Companies

Up Front

Revenues declined in 2023 amid an international trade slump, geopolitical conflicts and economic uncertainty.

E-commerce growth and constraints on ocean shipping have fueled strong demand for airfreight this year.

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 $140,053 $573,988 24.4%
2 3 FedEx Corp. USA $93,316 $93,316 100%
3 2 UPS Inc. USA $90,958 $90,958 100%
4 6 United States Postal Service USA $79,324 $79,324 100%
5 4 DHL Group Germany $66,119 $88,513 74.7%
6 5 Maersk Denmark $48,905 $51,049 95.8%
7 7 CMA CGM France $47,020 $47,020 100%
8 11 Mediterranean Shipping Co. Switzerland $42,286 $42,286 100%
9 12 China State Railway Group China $35,181 $178,584 19.7%
10 9 Kuehne + Nagel International Switzerland $29,659 $29,659 100%
11 10 SF Express China $27,182 $27,182 100%
12 15 Deutsche Bahn Group Germany $26,735 $48,876 54.7%
13 8 Cosco Shipping Group China $24,799 $24,799 100%
14 18 Union Pacific Railroad USA $24,119 $24,119 100%
15 17 BNSF Railway USA $23,876 $23,876 100%
16 14 DSV A/S Denmark $21,884 $21,884 100%
17 22 Indian Railways India $19,634 $31,017 63.3%
18 13 Hapag-Lloyd Germany $19,400 $19,400 100%
19 24 Geopost France $16,976 $16,976 100%
20 19 C.H. Robinson USA $16,373 $17,605 93%
21 21 Nippon Express Japan $15,935 $15,935 100%
22 26 CSX Corp. USA $14,657 $14,657 100%
23 16 Ocean Network Express Japan $14,536 $14,536 100%
24 25 Sinotrans China $14,376 $14,376 100%
25 30 Yamato Holdings Japan $12,870 $13,066 98.5%
26 27 J.B. Hunt Transport Services USA $12,830 $12,830 100%
27 28 SNCF Group France $12,594 $45,140 27.9%
28 31 Canadian National Railway Canada $12,459 $12,459 100%
29 32 Norfolk Southern USA $12,156 $12,156 100%
30 35 SG Holdings Japan $9,689 $10,210 94.9%
31 23 Expeditors International USA $9,300 $9,300 100%
32 - Canadian Pacific Kansas City Canada $9,298 $9,298 100%
33 37 CJ Logistics South Korea $9,006 $9,006 100%
34 20 Evergreen Marine Corp. Taiwan $8,499 $8,881 95.7%
35 34 XPO USA $7,744 $7,744 100%
36 40 Dachser Group Germany $7,682 $7,682 100%
37 47 Rhenus Group Germany $7,644 $8,115 94.2%
38 46 Kintetsu World Express Japan $7,515 $7,515 100%
39 44 Knight-Swift Transportation USA $7,142 $7,142 100%
40 48 GLS Group The Netherlands $6,693 $6,693 100%
41 - Ryder System USA $6,660 $11,783 56.5%
42 29 HMM Co. South Korea $6,429 $6,429 100%
43 45 TFI International Canada $6,417 $6,417 100%
44 36 Kerry Logistics Hong Kong $6,055 $6,055 100%
45 50 Old Dominion Freight Line USA $5,866 $5,866 100%
46 41 Toll Group Australia $5,600 $5,600 100%
47 49 Schneider USA $5,499 $5,499 100%
48 43 Landstar System USA $5,303 $5,303 100%
49 33 ZIM Integrated Shipping Services Israel $5,162 $5,162 100%
50 - Estes Express Lines USA $5,074 $5,074 100%

Extras

If your company appears on the list, you have a few ways to announce it. Visit our logo library to get ready-made graphics.

Post-COVID normalization and shaky economic conditions led to a difficult year at container ports and airports in 2023.

Learn more about Transport Topics’ Top 50 Global Freight Companies publication.

Global Freight News

Government, Business, Logistics, Global Freight

Dole Says Port Fees on Chinese Ships Would Hike Banana Prices

Dole says a proposal to curb China’s dominance of the maritime industry would have a big impact on bananas — and aggravate consumers already sensitive to higher prices at the grocery store.

March 26, 2025
Government, Business, Global Freight, Top 50

Struggling USPS a Privatization Target for Trump

The U.S. Postal Service has been struggling for years, and now President Donald Trump and Elon Musk are considering privatizing it. How did we get here?

March 25, 2025
Government, Business, Global Freight, Top 50

US Postmaster General DeJoy Resigns as Deputy Takes Over

U.S. Postmaster General Louis DeJoy has resigned, hastening his previously announced departure as the nation’s postal agency looks to stem financial losses and overhaul its operations.

March 24, 2025
Government, Business, Logistics, Global Freight

US Levies on Chinese Ships Risk ‘Trade Apocalypse’

A proposal from the U.S. would put million-dollar levies on Chinese ships docking in the U.S. It's aimed at curbing China’s dominance of shipbuilding, logistics and maritime industry.

March 24, 2025
Business, Logistics, For-Hire, Global Freight, Top 100

FedEx Reports Net Income, Revenue Increase for Q3

FedEx Corp. continued efforts to improve profitability during its fiscal third quarter despite navigating an especially challenging operating environment, the company said.

March 21, 2025
Government, Business, Global Freight

US Postal Service Signs Agreement With DOGE to Spur Reforms

The U.S. Postal Service has signed an agreement with DOGE and the General Services Administration to help the agency in “identifying and achieving further efficiencies.â€Â 

March 13, 2025
Business, Global Freight, TCA

Management Buyout Rumor Boosts ZIM

Israeli shipping company ZIM Integrated Shipping Services last week posted a rise in its stock price after Street Insider cited a source saying that the CEO was considering a management buyout. 

March 10, 2025
Government, Business, Technology, Logistics, Global Freight, Top 50

CMA CGM Pledges $20 Billion for US Shipping Expansion

An estimated 10,000 new jobs would be created by the effort, President Donald Trump said at an event at the White House alongside CMA CGM CEO Rodolphe Saadé.

March 6, 2025
Business, Logistics, Global Freight, TCA

DHL Subsidiary to Cut 8,000 Jobs in Germany

German postal company Deutsche Post announced on March 6 that it will cut 8,000 jobs by the end of the year, citing high costs, just two days after striking a deal with workers on a 5% pay rise.

March 6, 2025
Government, Business, Logistics, Private, Global Freight

Amazon Warehouse Workers Reject Union Bid in North Carolina

Amazon workers at a warehouse in North Carolina overwhelmingly rejected union representation.

February 18, 2025

Archives

  • 2023

  • 2022

  • 2021

  • 2020

  • 2019

  • 2018

  • 2017

  • 2016

  • 2015