2024 Top 50 Global Freight Companies

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

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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