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

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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

GovernmentBusinessLogisticsGlobal FreightTop 50

Maersk Defies Trade War Fears With Stock Rally

Shorting Maersk stock during a global trade war may seem like a sure bet. But investors who’ve loaded up on the trade since April have so far only been handed big losses.

August 11, 2025
GovernmentBusinessGlobal Freight

Maersk Raises Outlook on Back of Resilient Demand Outside US

CEO Vincent Clerc described conditions in the U.S. as subdued, owing to the uncertainty from trade tariffs.

August 7, 2025
GovernmentBusinessLogisticsGlobal FreightTop 100

Amazon Breaks Ground on Logistics Center in Arkansas

The new facility is expected to open in 2027 and will provide 1,000 full- and part-time jobs when fully operational. Since 2010, the company has brought 4,000 jobs to Arkansas.

August 4, 2025
BusinessSafetyLogisticsGlobal FreightTop 100

DHL Delivers Care Kits to Austin Flood Zone

A DHL van arrived in Austin, Texas, bearing 13 care kits — each filled with an interactive plush and other mindfulness tools — ready for distribution to families affected by July’s floods.

August 1, 2025
BusinessTechnologyLogisticsPrivateGlobal FreightTop 100Top 50

Amazon Projects Profit That Underwhelms on AI Race Expense

Amazon.com projected operating income in the current quarter that fell short of analysts’ estimates, worrying investors that the tech giant is spending too much to keep up in the AI arms race.

July 31, 2025
BusinessLogisticsFor-HireGlobal FreightTop 100

Schneider Reports Revenue and Earnings Growth in Q2

Schneider posted higher revenue and earnings in the second quarter of 2025, the company reported July 31.

July 31, 2025
GovernmentBusinessLogisticsFor-HireGlobal Freight

UPS Withholds Outlook on Market Upheaval After Mixed Quarter

UPS has struggled to get a handle on volatility in the market, underscoring the challenges for the courier’s effort to reconfigure its network and revitalize its business.

July 29, 2025
GovernmentBusinessLogisticsGlobal Freight

CK Hutchison Seeks Chinese Investor on Panama Ports Deal

A Hong Kong conglomerate that had agreed to sell its two ports at the Panama Canal said it may seek a Chinese investor to join a consortium of buyers, which could bring more U.S. scrutiny to the deal.

July 28, 2025
BusinessTechnologyLogisticsPrivateGlobal FreightTop 100

Amazon Gave Prime Shoppers More Time — Walmart Gained Sales

Amazon still dominates the $1.3 trillion e-commerce market in the U.S., capturing about 40 cents of every dollar spent online, and Walmart’s online metrics are growing from a smaller base.

July 24, 2025
GovernmentBusinessLogisticsFor-HireGlobal FreightTCA

Miami Is Hot on Cold Storage to Boost Cargo Capacity

Miami International Airport is boosting cargo capacity by as much as 50% with a new cold storage complex that broke ground July 21.

July 22, 2025

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