Up Front
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.
Rankings
| Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
|---|---|---|---|---|---|---|
| 1 | - | Amazon.com Inc. |
USA | $117,716 | $514,044 | 22.9% |
| 2 | 1 | UPS Inc. |
USA | $100,338 | $100,338 | 100% |
| 3 | 2 | FedEx Corp. |
USA | $90,155 | $90,155 | 100% |
| 4 | 3 | DHL Group |
Germany | $87,036 | $108,254 | 80.4% |
| 5 | 5 | Maersk |
Denmark | $80,023 | $81,490 | 98.2% |
| 6 | 4 | United States Postal Service |
USA | $78,507 | $78,507 | 100% |
| 7 | 6 | CMA CGM |
France | $74,500 | $74,500 | 100% |
| 8 | 7 | Cosco Shipping Group |
China | $58,108 | $58,108 | 100% |
| 9 | 8 | Kuehne + Nagel International |
Switzerland | $45,066 | $45,066 | 100% |
| 10 | 12 | SF Express |
China | $41,838 | $41,838 | 100% |
| 11 | 10 | Mediterranean Shipping Co. |
Switzerland | $38,938 | $38,938 | 100% |
| 12 | 11 | China State Railway Group |
China | $38,475 | $199,352 | 19.3% |
| 13 | 15 | Hapag-Lloyd |
Germany | $36,319 | $36,319 | 100% |
| 14 | 13 | DSV A/S (North America) |
Denmark | $33,298 | $33,298 | 100% |
| 15 | 9 | Deutsche Bahn Group |
Germany | $31,101 | $43,681 | 71.2% |
| 16 | - | Ocean Network Express |
Japan | $29,916 | $29,916 | 100% |
| 17 | 16 | BNSF Railway |
USA | $25,888 | $25,888 | 100% |
| 18 | 18 | Union Pacific Railroad |
USA | $24,875 | $24,875 | 100% |
| 19 | 17 | C.H. Robinson |
USA | $23,516 | $24,702 | 95.2% |
| 20 | 21 | Evergreen Marine Corp. |
Taiwan | $20,587 | $21,050 | 97.8% |
| 21 | - | Nippon Express |
Japan | $19,929 | $19,929 | 100% |
| 22 | 23 | Indian Railways |
India | $19,338 | $22,885 | 84.5% |
| 23 | 22 | Expeditors International |
USA | $17,071 | $17,071 | 100% |
| 24 | 20 | Geopost |
France | $16,402 | $16,402 | 100% |
| 25 | 19 | Sinotrans |
China | $16,169 | $16,169 | 100% |
| 26 | 27 | CSX Corp. |
USA | $14,853 | $14,853 | 100% |
| 27 | 28 | J.B. Hunt Transport Services |
USA | $14,814 | $14,814 | 100% |
| 28 | 25 | SNCF Group |
France | $14,429 | $43,592 | 33.1% |
| 29 | 29 | HMM Co. |
South Korea | $14,380 | $14,380 | 100% |
| 30 | 36 | Yamato Holdings |
Japan | $13,501 | $13,693 | 98.6% |
| 31 | 31 | Canadian National Railway |
Canada | $13,147 | $13,147 | 100% |
| 32 | 32 | Norfolk Southern |
USA | $12,745 | $12,745 | 100% |
| 33 | 33 | ZIM Integrated Shipping Services |
Israel | $12,562 | $12,562 | 100% |
| 34 | 26 | XPO |
USA | $12,121 | $12,121 | 100% |
| 35 | 30 | SG Holdings |
Japan | $11,649 | $11,696 | 99.6% |
| 36 | 35 | Kerry Logistics |
Hong Kong | $11,065 | $11,065 | 100% |
| 37 | 37 | CJ Logistics |
South Korea | $9,387 | $9,387 | 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% |
| 40 | 38 | Dachser Group |
Germany | $8,577 | $8,577 | 100% |
| 41 | - | Toll Group |
Australia | $7,800 | $7,800 | 100% |
| 42 | 40 | Bolloré Logistics |
France | $7,477 | $11,261 | 66.4% |
| 43 | 45 | Landstar System |
USA | $7,437 | $7,437 | 100% |
| 44 | 47 | Knight-Swift Transportation |
USA | $7,429 | $7,429 | 100% |
| 45 | 42 | TFI International |
Canada | $7,357 | $7,357 | 100% |
| 46 | 43 | Kintetsu World Express |
Japan | $7,316 | $7,316 | 100% |
| 47 | - | Rhenus Group |
Germany | $7,144 | $7,584 | 94.2% |
| 48 | - | GLS Group |
The Netherlands | $6,656 | $6,656 | 100% |
| 49 | 49 | Schneider |
USA | $6,604 | $6,604 | 100% |
| 50 | 50 | Old Dominion Freight Line |
USA | $6,260 | $6,260 | 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.
Extras
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.
Global Freight News
FedEx, Pilots Set Tentative Contract After 5 Years of Talks
FedEx pilots reached a tentative labor agreement with the parcel company, marking a significant step toward resolving nearly five years of negotiations.
April 8, 2026War Risk Rates Dip as Shipowners Eye Hormuz Passage
Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the U.S.-Iran ceasefire deal.
April 8, 2026Strait of Hormuz Stays Blocked for Now
While shipowners and insurers lined up to welcome the ceasefire, they also warned that more details will be needed to determine if safe transit is possible.
April 8, 2026FedEx Freight Unit Projects 10% Profit Growth After Spinoff
FedEx has said it’s separating the freight and parcel operations to better focus on each business.
April 8, 2026Maersk Faces Arbitration Over Panama Port Takeover
A unit of Hong Kong’s CK Hutchison said that Maersk had undermined a contract over operations of ports at either end of the Panama Canal.
April 8, 2026Amazon Adds 3.5% Surcharge as War Drives Up Fuel Prices
Amazon’s fuel and logistics-related surcharge will apply to U.S. and Canadian sellers using its Fulfillment by Amazon option, effective April 17.
April 3, 2026USPS Plans First Fuel Surcharge as Oil Prices Spike
USPS will impose a surcharge to offset rising fuel costs, sources said, a sign that the beleaguered mail carrier is feeling the strain of higher oil prices.
March 25, 2026Amazon Buys Fauna Robotics in Push Toward Consumer Humanoids
Amazon.com acquired New York-based startup Fauna Robotics, becoming the latest technology giant to step into the burgeoning consumer humanoid market.
March 25, 2026Cosco Shipping Warns of Uncertainties as Iran War Escalates
Ongoing tensions in the Middle East are amplifying volatility in global supply chains, Cosco said.
March 19, 2026MSC Buys Stake in South Korean Tanker Giant Sinokor
Sinokor has been snapping up very large crude carriers, giving it unprecedented control over a big share of the global fleet.
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