2023 Top 50 Global Freight Companies

2023 Essential Revenue and Operating Information for the 50 Largest Global Freight Companies

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%

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

GovernmentBusinessFuelLogisticsGlobal Freight

USPS 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, 2026
BusinessTechnologyLogisticsGlobal FreightPrivateTop 50Top 100

Amazon 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, 2026
GovernmentBusinessSafetyFuelLogisticsGlobal Freight

Cosco 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, 2026
BusinessFuelLogisticsGlobal Freight

MSC 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.

March 19, 2026
BusinessLogisticsGlobal Freight

Elliott Takes Stake in Japanese Shipper Mitsui OSK Lines

Reuters reported the that Elliott had taken the holding in an effort to urge Mitsui to review its real estate portfolio.

March 18, 2026
BusinessTechnologyLogisticsGlobal FreightPrivate

Amazon Offers 1-Hour and 3-Hour Deliveries for Extra Charge

The Seattle-based company said it started testing the express delivery service late last year and expanding it this month.

March 17, 2026
BusinessTechnologyLogisticsGlobal FreightPrivateTop 50Top 100

Amazon Moves Prime Day Into June From July

Amazon is moving up its annual Prime Day sale to June from July, according to sources, shifting the schedule for an event that’s become a big part of the e-commerce economy.

March 12, 2026
GovernmentBusinessSafetyLogisticsGlobal Freight

Cosco Halts Panama Port Operations as Tensions Rise

Beijing warned of a “heavy price” for the Central American country’s forced takeover of the facility from Hong Kong conglomerate CK Hutchison. 

March 11, 2026
BusinessLogisticsGlobal FreightPrivate

Amazon Raises $37B From US Bond Sale That Could Hit $50B

Amazon’s deal is the latest in a series of jumbo bond sales by hyperscalers as they plan to invest hundreds of billions of dollars in AI infrastructure. Investors have so far been eager buyers.

March 10, 2026
GovernmentBusinessFuelLogisticsGlobal Freight

How the Iran War Is Affecting Diesel and Gasoline Prices

Nearly all goods — including food — that are bought and sold must travel from where they’re produced. Those costs will climb with higher gasoline, diesel and jet fuel prices.

March 10, 2026

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