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

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Shareholders of Union Pacific, Norfolk Southern Back Merger

Roughly 99% of both railroads’ shareholders voted to support the largest rail merger in history, but the U.S. Surface Transportation Board must still OK it before the deal can be completed.

November 14, 2025
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FedEx Places First Order for Harbinger EV Chassis

FedEx spokeswoman Savannah Haeger said the order represents the first time the shipping company has paired an order in the medium-sized EV chassis space with an investment in the EV truck maker.

November 14, 2025
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Schneider Launches Fast Track Intermodal Service

Schneider is expanding its intermodal capabilities with Fast Track, a new service promising two-day faster transit and 95% on-time delivery for shippers with time-sensitive freight.

November 13, 2025
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All 14 Victims Identified From UPS Cargo Plane Crash

Victims included three pilots on board when the crash happened during takeoff at UPS Worldport, the company’s global aviation hub located at Muhammad Ali International Airport.

November 13, 2025
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FedEx Profit Guidance Eases Holiday Season Worries

“What you’re seeing right now clearly is something of a relief rally when people have been pretty negative on the prospects for both FedEx and UPS,” said Ari Rosa, an analyst at Citigroup.

November 12, 2025
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North America’s Busiest Sea, Airports in 2024

Transport Topics’ updated lists of the busiest container ports and cargo airports in North America provide a fresh look at the continent’s most important hubs for ocean and air cargo.

November 10, 2025
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Top 50 Global Freight Companies Persevere Amid Trade Shift

The world’s largest transportation and logistics providers have been operating in a highly volatile business environment this year as tariffs and shifting trade policies have altered international freight flows.

November 10, 2025
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A New Era For Global Freight

Global freight flows have entered a period of transformation as the U.S.-led trade war and other policy changes have upended the business landscape for international shipping.

November 10, 2025
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Airlines Cut Flights, With More Cancellations Into Next Week

Airlines across the U.S. have canceled flights as the longest government shutdown in history snarls up air travel and forces thousands of passengers to change their travel plans.

November 7, 2025
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Death Toll From UPS Plane Crash Climbs to 13

The casualties are believed to include Captain Richard Wartenberg, First Officer Lee Truitt and International Relief Officer Captain Dana Diamond, UPS said in a statement. 

November 7, 2025

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