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

BusinessFor-HireGlobal Freight

XPO Reports Q3 Revenue Jumps to $2 Billion

The Greenwich, Conn.-based LTL carrier reported net income of $82 million for the three months ending Sept. 30. That compared with $95 million the previous year. 

October 31, 2025
BusinessTechnologyLogisticsPrivateGlobal Freight

Cloud Computing Growth Pushes Amazon Earnings Higher

Analysts are assessing Amazon's results, along with other retailers' earnings performances, to get insight into how shoppers are spending heading into the holiday season.

October 31, 2025
BusinessLogisticsFor-HirePrivateGlobal Freight

UPS Stuns Wall Street With Strong Profit and 34,000 Job Cuts

The results suggest CEO Carol Tomé’s revival efforts are gaining traction after UPS struggled with slow demand, high expenses and uncertainty fueled by tariffs.

October 28, 2025
BusinessTechnologyLogisticsPrivateGlobal Freight

Amazon Launches New AI Shopping Tool in US for Indecisive

The Help Me Decide feature will appear at the top of a product detail page after shoppers have looked at several similar items. Those who tap the button will see a single product recommendation.

October 23, 2025
GovernmentBusinessLogisticsGlobal Freight

DSV Warns of More Cost Cuts as Tariffs Hurt Freight Markets

Challenging market conditions related to trade tariffs and other macroeconomic factors have become “more visible in global trade flows” in the past quarter, DSV said. 

October 23, 2025
BusinessTechnologyLogisticsPrivateGlobal Freight

Amazon Tests Augmented Reality Glasses for Drivers

Amazon said it was conducting trials of the glasses with drivers in North America and planned to further refine the technology before any broader rollout.  

October 22, 2025
GovernmentBusinessLogisticsGlobal Freight

Vessels Clog China Ports as Fees on US Ships Begin

Beijing and Washington have sparred over shipping, with China introducing a hefty extra fee on vessels known to have American links, following a similar U.S. move.

October 21, 2025
BusinessLogisticsPrivateGlobal Freight

Amazon Delivery Firms Are Bailing Amid Rising Costs

Amazon launched its Delivery Service Partner program in 2018, offering aspiring entrepreneurs an opportunity to run their own businesses. Today, some fear the best days are behind them.

October 20, 2025
GovernmentBusinessFuelLogisticsGlobal Freight

US Blocks Global Carbon Tax on Ships for Now

Countries at an IMO gathering in London voted to push back for a year a decision on whether to make ships start paying for the more than 1 billion tons of greenhouse gases they emit each year. 

October 17, 2025
GovernmentBusinessFuelLogisticsGlobal Freight

US Wants Extra Step to Adopt Ship Carbon Tax

Nations are at an International Maritime Organization meeting in London to decide on landmark regulations to make vessels start paying for their greenhouse gas emissions.

October 16, 2025

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