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 |
|---|---|---|---|---|---|---|
| 41 | - | Toll Group | Australia | $7,800 | $7,800 | 100% |
| 31 | 31 | Canadian National Railway | Canada | $13,147 | $13,147 | 100% |
| 45 | 42 | TFI International | Canada | $7,357 | $7,357 | 100% |
| 25 | 19 | Sinotrans | China | $16,169 | $16,169 | 100% |
| 8 | 7 | COSCO Shipping Group | China | $58,108 | $58,108 | 100% |
| 10 | 12 | SF Express | China | $41,838 | $41,838 | 100% |
| 12 | 11 | China State Railway Group | China | $38,475 | $199,352 | 19.3% |
| 5 | 5 | Maersk | Denmark | $80,023 | $81,490 | 98.2% |
| 14 | 13 | DSV A/S | Denmark | $33,298 | $33,298 | 100% |
| 24 | 20 | Geopost | France | $16,402 | $16,402 | 100% |
| 28 | 25 | SNCF Group | France | $14,429 | $43,592 | 33.1% |
| 7 | 6 | CMA CGM | France | $74,500 | $74,500 | 100% |
| 42 | 40 | Bolloré Logistics | France | $7,477 | $11,261 | 66.4% |
| 4 | 3 | DHL Group | Germany | $87,036 | $108,254 | 80.4% |
| 40 | 38 | Dachser Group | Germany | $8,577 | $8,577 | 100% |
| 13 | 15 | Hapag-Lloyd | Germany | $36,319 | $36,319 | 100% |
| 15 | 9 | Deutsche Bahn Group | Germany | $31,101 | $43,681 | 71.2% |
| 47 | - | Rhenus Group | Germany | $7,144 | $7,584 | 94.2% |
| 36 | 35 | Kerry Logistics | Hong Kong | $11,065 | $11,065 | 100% |
| 22 | 23 | Indian Railways | India | $19,338 | $22,885 | 84.5% |
| 33 | 33 | ZIM Integrated Shipping Services | Israel | $12,562 | $12,562 | 100% |
| 16 | - | Ocean Network Express | Japan | $29,916 | $29,916 | 100% |
| 21 | - | Nippon Express | Japan | $19,929 | $19,929 | 100% |
| 30 | 36 | Yamato Holdings | Japan | $13,501 | $13,693 | 98.6% |
| 35 | 30 | SG Holdings | Japan | $11,649 | $11,696 | 99.6% |
| 46 | 43 | Kintetsu World Express | Japan | $7,316 | $7,316 | 100% |
| 29 | 29 | HMM Co. | South Korea | $14,380 | $14,380 | 100% |
| 37 | 37 | CJ Logistics | South Korea | $9,387 | $9,387 | 100% |
| 9 | 8 | Kuehne + Nagel International | Switzerland | $45,066 | $45,066 | 100% |
| 11 | 10 | Mediterranean Shipping Co. | Switzerland | $38,938 | $38,938 | 100% |
| 20 | 21 | Evergreen Marine Corp. | Taiwan | $20,587 | $21,050 | 97.8% |
| 38 | 39 | Yang Ming Marine Transport Co. | Taiwan | $8,755 | $8,755 | 100% |
| 39 | 41 | Wan Hai Lines | Taiwan | $8,686 | $8,686 | 100% |
| 48 | - | GLS Group | The Netherlands | $6,656 | $6,656 | 100% |
| 17 | 16 | BNSF Railway | USA | $25,888 | $25,888 | 100% |
| 49 | 49 | Schneider | USA | $6,604 | $6,604 | 100% |
| 18 | 18 | Union Pacific Railroad | USA | $24,875 | $24,875 | 100% |
| 50 | 50 | Old Dominion Freight Line | USA | $6,260 | $6,260 | 100% |
| 19 | 17 | C.H. Robinson | USA | $23,516 | $24,702 | 95.2% |
| 23 | 22 | Expeditors International | USA | $17,071 | $17,071 | 100% |
| 26 | 27 | CSX Corp. | USA | $14,853 | $14,853 | 100% |
| 27 | 28 | J.B. Hunt Transport Services | USA | $14,814 | $14,814 | 100% |
| 32 | 32 | Norfolk Southern | USA | $12,745 | $12,745 | 100% |
| 1 | - | Amazon.com Inc. | USA | $117,716 | $514,044 | 22.9% |
| 2 | 1 | UPS Inc. | USA | $100,338 | $100,338 | 100% |
| 34 | 26 | XPO | USA | $12,121 | $12,121 | 100% |
| 3 | 2 | FedEx Corp. | USA | $90,155 | $90,155 | 100% |
| 6 | 4 | United States Postal Service | USA | $78,507 | $78,507 | 100% |
| 43 | 45 | Landstar System | USA | $7,437 | $7,437 | 100% |
| 44 | 47 | Knight-Swift Transportation | USA | $7,429 | $7,429 | 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.
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.
MSC Launches Air Cargo Business
Mediterranean Shipping Co., the world’s largest container line, will expand into air cargo using four leased Boeing Co. wide-body freighters after missing out in a bid for Italy’s flag-carrier airline.
September 27, 2022Shipping Container Lines Set to Smash Year-Old Profit Record
The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labor strains that are squeezing capacity amid sustained U.S. demand for imports.
August 9, 2022HMM to Continue Deploying More Ships as Port Congestion Persists
HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s exporters struggling to transport goods overseas.
May 10, 2022Labor Leaders Optimistic Over Port Contract Talks
With negotiations expected to begin soon between the 22,000-member International Longshore and Warehouse Union and the Pacific Maritime Association, ILWU leaders are expressing confidence that the two sides will reach an agreement — without an interruption in work — before the June 30 deadline for the current contract expiration.
April 13, 2022-
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