| Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
|---|---|---|---|---|---|---|
| 39 | 41 | Toll Group | Australia | $3,078 | $6,397 | 48% |
| 47 | 44 | Aurizon | Australia | $2,687 | $2,687 | 100% |
| 21 | 20 | Canadian National Railway | Canada | $9,606 | $9,882 | 97% |
| 29 | 30 | Canadian Pacific Railway | Canada | $5,134 | $5,260 | 98% |
| 41 | - | TFI International | Canada | $3,013 | $3,158 | 95% |
| 22 | 28 | SF Express | China | $7,612 | $7,612 | 100% |
| 3 | 3 | China Railway Corp. | China | $37,208 | $147,452 | 25% |
| 12 | 16 | COSCO Group | China | $15,450 | $15,964 | 97% |
| 4 | 4 | Maersk | Denmark | $29,696 | $41,205 | 72% |
| 26 | 29 | GeoPost Group | France | $6,131 | $6,303 | 97% |
| 7 | 12 | CMA CGM Group | France | $21,084 | $21,727 | 97% |
| 16 | 14 | Deutsche Bahn AG | Germany | $12,311 | $44,946 | 27% |
| 48 | 49 | Lufthansa Group | Germany | $2,616 | $35,603 | 7% |
| 24 | 26 | Hamburg Süd Group | Germany | $6,726 | $6,726 | 100% |
| 9 | 9 | Deutsche Post DHL Group | Germany | $19,880 | $65,784 | 30% |
| 15 | 21 | Hapag-Lloyd AG | Germany | $13,441 | $13,441 | 100% |
| 27 | 27 | Orient Overseas (International) Ltd. | Hong Kong | $5,953 | $5,953 | 100% |
| 43 | 48 | Cathay Pacific Airways | Hong Kong | $2,983 | $13,202 | 23% |
| 11 | 10 | Indian Railways | India | $17,868 | $25,653 | 70% |
| 42 | 45 | ZIM Integrated Shipping Services | Israel | $2,999 | $2,999 | 100% |
| 18 | 17 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $10,867 | $10,867 | 100% |
| 20 | 19 | Yamato Group | Japan | $9,674 | $11,436 | 85% |
| 25 | 24 | SG Holdings Group | Japan | $6,318 | $8,215 | 77% |
| 13 | 11 | NYK Group | Japan | $14,751 | $20,428 | 72% |
| 14 | 13 | Mitsui O.S.K Lines | Japan | $13,919 | $15,112 | 92% |
| 46 | 50 | Nippon Express | Japan | $2,810 | $16,046 | 18% |
| 45 | 39 | Kazakhstan Temir Zholy | Kazakhstan | $2,874 | $3,474 | 83% |
| 50 | - | Wallenius Wilhelmsen Logistics | Norway | $2,308 | $3,321 | 70% |
| 6 | 5 | Russian Railways | Russia | $21,408 | $32,652 | 66% |
| 38 | - | Pacific International Lines | Singapore | $3,169 | $4,600 | 69% |
| 36 | 36 | Transnet Group | South Africa | $3,707 | $4,887 | 76% |
| 49 | - | Korean Air | South Korea | $2,318 | $10,011 | 23% |
| 23 | 23 | Hanjin Shipping Co. | South Korea | $6,800 | $6,800 | 100% |
| 31 | 31 | Hyundai Merchant Marine Co. | South Korea | $4,878 | $4,878 | 100% |
| 10 | 8 | Mediterranean Shipping Co. | Switzerland | $19,751 | $19,751 | 100% |
| 33 | 35 | Yang Ming Marine Transport Corp. | Taiwan | $4,022 | $4,022 | 100% |
| 35 | 37 | Evergreen Marine Corp. | Taiwan | $3,857 | $4,220 | 91% |
| 40 | 47 | Emirates Group | United Arab Emirates | $3,034 | $22,738 | 13% |
| 17 | 15 | CSX Corp. | United States | $11,811 | $11,811 | 100% |
| 19 | 18 | Norfolk Southern Corp. | United States | $10,511 | $10,511 | 100% |
| 28 | 32 | J.B. Hunt Transport Services | United States | $5,501 | $6,188 | 89% |
| 30 | - | XPO | United States | $5,111 | $12,411 | 41% |
| 32 | 34 | Yellow Corp. | United States | $4,832 | $4,832 | 100% |
| 8 | 7 | BNSF Railway | United States | $21,002 | $21,967 | 96% |
| 34 | 40 | Swift Transportation | United States | $3,903 | $4,229 | 92% |
| 1 | 2 | FedEx Corp. | United States | $52,014 | $56,241 | 92% |
| 2 | 1 | UPS Inc. | United States | $51,777 | $58,363 | 89% |
| 37 | 43 | Schneider | United States | $3,423 | $3,800 | 90% |
| 5 | 6 | Union Pacific Corp. | United States | $21,813 | $21,813 | 100% |
| 44 | - | Old Dominion Freight Line | United States | $2,972 | $2,972 | 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
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Port of Baltimore Welcomes Biggest Containership Ever
On Aug. 19, the largest containership to ever visit Maryland sailed into the Port of Baltimore.
August 21, 2023East and West Coast Ports Spar Over Who's No. 1
It came as a surprise at the ports of Los Angeles and Long Beach when the ports of New York-New Jersey said their complex was the busiest cargo container handler in America.
August 15, 2023Global Ocean Shipping Costs Creep Higher
Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean freight costs that helped ease the sting of goods inflation is over.
August 3, 2023DHL Plans Expansion in Latin America
Five Latin American nations could share $556 million by 2028 as contract logistics provider DHL Supply Chain plans to expand its regional fulfillment network.
July 14, 2023IMO Countries Agree to Net-Zero Shipping Emissions by 2050
Maritime nations agreed July 7 to slash emissions from the shipping industry to net zero by about 2050 in a deal that several experts and nations say falls short of what’s needed.
July 7, 2023CSX and CPKC Will Connect to Increase Traffic in Southeast
CSX and CPKC railroads announced a deal June 28 that will allow them to beef up a little-used connection between their two networks in the southeastern United States to handle more freight.
June 29, 2023Pepsi Leads Calls for EU to Roll Out Green Trucks Faster
Companies including PepsiCo Inc. and Nike Inc. are calling for the European Union to implement stricter emissions targets for trucks, which the firms say will lower costs in the long run.
June 26, 2023Germany’s Deutsche Post DHL Group Changes Name to DHL Group
BONN, Germany — German multinational package delivery and logistics company Deutsche Post DHL Group said June 19 that it is changing its name to DHL Group as of the beginning of July.
June 20, 2023Global Shipping Company ZIM Relocates US Headquarters
ZIM American Integrated Shipping Services, a global container shipping company, is set to relocate its U.S. headquarters from Norfolk, Va., to Virginia Beach.
June 20, 2023Chicago Suburbs Appeal Federal Approval of CPKC Rail Merger
A group of suburban Chicago communities is appealing the federal approval of the Canadian Pacific-Kansas City Southern merger that is expected to bring more freight trains to the area.
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