2022 Essential Revenue and Operating Information for the 50 Largest Global Freight Companies
Share
Up Front
Supply chain disruptions may be easing, but freight volumes continue to stir anxiety in shippers.
Non-asset based companies join the field in this year’s Global Freight Top 50 list.
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 | UPS Inc. | USA | $97,287 | $97,287 | 100% |
2 | 2 | FedEx Corp. | USA | $92,110 | $92,110 | 100% |
3 | 6 | Deutsche Post DHL | Germany | $77,050 | $101,697 | 75.8% |
4 | - | United States Postal Service | USA | $77,040 | $77,040 | 100% |
5 | 4 | Maersk | Denmark | $60,439 | $61,787 | 97.8% |
6 | 8 | CMA CGM | France | $56,193 | $56,193 | 100% |
7 | 7 | Cosco Shipping Group | China | $51,722 | $51,722 | 100% |
8 | - | Kuehne + Nagel International | Switzerland | $40,147 | $40,147 | 100% |
9 | 17 | Deutsche Bahn Group | Germany | $33,027 | $52,624 | 62.8% |
10 | 5 | Mediterranean Shipping Co. | Switzerland | $32,399 | $32,399 | 100% |
11 | 3 | China State Railway Group | China | $32,089 | $166,355 | 19.3% |
12 | 9 | SF Express | China | $29,644 | $29,644 | 100% |
13 | - | DSV A/S (North America) | Denmark | $28,983 | $28,983 | 100% |
14 | 10 | Russian Railways | Russia | $27,536 | $33,073 | 83.3% |
15 | 14 | Hapag-Lloyd | Germany | $26,339 | $26,339 | 100% |
16 | 11 | BNSF Railway | USA | $23,282 | $23,282 | 100% |
17 | - | C.H. Robinson | USA | $22,047 | $23,102 | 95.4% |
18 | 12 | Union Pacific Railroad | USA | $21,804 | $21,804 | 100% |
19 | - | Sinotrans | China | $19,273 | $19,273 | 100% |
20 | 16 | GeoPost/DPDgroup | France | $17,262 | $17,262 | 100% |
21 | 26 | Evergreen Marine Corp. | Taiwan | $17,031 | $17,522 | 97.2% |
22 | - | Expeditors International | USA | $16,524 | $16,524 | 100% |
23 | 13 | Indian Railways | India | $15,229 | $17,235 | 88.4% |
24 | 22 | NYK Group | Japan | $13,862 | $15,192 | 91.2% |
25 | - | SNCF Group | France | $12,896 | $41,094 | 31.4% |
26 | 24 | XPO | USA | $12,806 | $12,806 | 100% |
27 | 18 | CSX Corp. | USA | $12,522 | $12,522 | 100% |
28 | 25 | J.B. Hunt Transport Services | USA | $12,168 | $12,168 | 100% |
29 | 29 | HMM Co. | South Korea | $12,048 | $12,048 | 100% |
30 | 21 | SG Holdings | Japan | $11,616 | $11,948 | 97.2% |
31 | 19 | Canadian National Railway | Canada | $11,547 | $11,547 | 100% |
32 | 20 | Norfolk Southern | USA | $11,142 | $11,142 | 100% |
33 | 37 | ZIM Integrated Shipping Services | Israel | $10,729 | $10,729 | 100% |
34 | 23 | Mitsui O.S.K. Lines | Japan | $10,655 | $11,159 | 95.5% |
35 | - | Kerry Logistics | Hong Kong | $10,520 | $10,520 | 100% |
36 | 15 | Yamato Holdings | Japan | $9,926 | $14,927 | 66.5% |
37 | - | CJ Logistics | South Korea | $9,908 | $9,908 | 100% |
38 | - | Dachser Group | Germany | $9,744 | $9,744 | 100% |
39 | 33 | Yang Ming Marine Transport Co. | Taiwan | $8,762 | $8,762 | 100% |
40 | - | Bolloré Logistics | France | $8,648 | $11,615 | 74.5% |
41 | 48 | Wan Hai Lines | Taiwan | $8,163 | $8,163 | 100% |
42 | 40 | TFI International | Canada | $7,220 | $7,220 | 100% |
43 | - | Kintetsu World Express | Japan | $7,105 | $7,105 | 100% |
44 | 27 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $6,893 | $6,893 | 100% |
45 | - | Landstar System | USA | $6,538 | $6,538 | 100% |
46 | 31 | Qatar Airways | Qatar | $6,329 | $14,370 | 44% |
47 | 35 | Knight-Swift Transportation | USA | $5,998 | $5,998 | 100% |
48 | 32 | Emirates Group | United Arab Emirates | $5,895 | $15,867 | 37.2% |
49 | 42 | Schneider | USA | $5,609 | $5,609 | 100% |
50 | 36 | Old Dominion Freight Line | USA | $5,256 | $5,256 | 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
Last year saw air- and sea-freight volumes bounce back from supply chain struggles.
If your company appears in the 2022 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
Amazon Tests GM BrightDrop EV Delivery Vans
The pilot, though modest — about 12 vehicles — places the GM vans among a fleet that includes vehicles built by Ford, Mercedes-Benz, Stellantis and Rivian.
September 12, 2025FTC Investigates Amazon, Google Over Advertising Practices
The investigations focus on whether the companies properly disclosed the terms and pricing for ads, Bloomberg reports.
September 12, 2025More Than 60 Containers Fall Off Ship at Port of Long Beach
It isn’t clear what was in the containers, though local reports said shoes and clothing were seen floating in the water, and some containers appeared to have sunk.
September 10, 2025Amazon Buys Stake in Latin American Delivery Startup Rappi
Amazon has taken a stake in Colombian delivery company Rappi, a partnership that pairs Amazon's retail and technology infrastructure with one of Latin America’s best-known last-mile companies.
September 8, 2025De Minimis Tariff Exemption Ends, Roiling E-Commerce
Now small parcels that used to let inexpensive items flow easily from across the rest of the globe will get hit with a tariff and customs forms, too.
August 29, 2025Consumers to Feel Tariff Pain as Small Parcel Exemption Ends
President Donald Trump’s decision to scrap the policy means that surprise bills will increasingly accompany deliveries that have become a staple of modern life for many consumers.
August 28, 2025UPS Outsources Weather Forecasting Operation
The company has also shifted its technology support functions in recent months to third-party tech vendors.
August 27, 2025Walmart Adds Next-Day Shipping in Key Cities
Walmart's fulfillment service, which stores and ships products for third-party marketplace sellers, will provide next-day delivery in New York, Los Angeles, Chicago, Houston and Atlanta.
August 26, 2025Mail Services Globally Pause US Deliveries Over Tariffs
As of Aug. 29, President Donald Trump is ending the de minimis exemption that has applied to more than 4 million parcels flowing through the U.S. each day, driven largely by e-commerce.
August 22, 2025CK Hutchison Rules Out Ports Deal Being Completed This Year
The deal covers 43 of CK Hutchison’s ports, including two in the strategic Panama Canal.Â
August 15, 2025