| Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
|---|---|---|---|---|---|---|
| 32 | 34 | Yellow Corp. | United States | $4,832 | $4,832 | 100% |
| 8 | 7 | BNSF Railway | United States | $21,002 | $21,967 | 96% |
| 1 | 2 | FedEx Corp. | United States | $52,014 | $56,241 | 92% |
| 34 | 40 | Swift Transportation | United States | $3,903 | $4,229 | 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% |
| 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% |
| 40 | 47 | Emirates Group | United Arab Emirates | $3,034 | $22,738 | 13% |
| 33 | 35 | Yang Ming Marine Transport Corp. | Taiwan | $4,022 | $4,022 | 100% |
| 35 | 37 | Evergreen Marine Corp. | Taiwan | $3,857 | $4,220 | 91% |
| 10 | 8 | Mediterranean Shipping Co. | Switzerland | $19,751 | $19,751 | 100% |
| 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% |
| 36 | 36 | Transnet Group | South Africa | $3,707 | $4,887 | 76% |
| 38 | - | Pacific International Lines | Singapore | $3,169 | $4,600 | 69% |
| 6 | 5 | Russian Railways | Russia | $21,408 | $32,652 | 66% |
| 50 | - | Wallenius Wilhelmsen Logistics | Norway | $2,308 | $3,321 | 70% |
| 45 | 39 | Kazakhstan Temir Zholy | Kazakhstan | $2,874 | $3,474 | 83% |
| 13 | 11 | NYK Group | Japan | $14,751 | $20,428 | 72% |
| 46 | 50 | Nippon Express | Japan | $2,810 | $16,046 | 18% |
| 14 | 13 | Mitsui O.S.K Lines | Japan | $13,919 | $15,112 | 92% |
| 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% |
| 42 | 45 | ZIM Integrated Shipping Services | Israel | $2,999 | $2,999 | 100% |
| 11 | 10 | Indian Railways | India | $17,868 | $25,653 | 70% |
| 43 | 48 | Cathay Pacific Airways | Hong Kong | $2,983 | $13,202 | 23% |
| 27 | 27 | Orient Overseas (International) Ltd. | Hong Kong | $5,953 | $5,953 | 100% |
| 9 | 9 | Deutsche Post DHL Group | Germany | $19,880 | $65,784 | 30% |
| 15 | 21 | Hapag-Lloyd AG | Germany | $13,441 | $13,441 | 100% |
| 48 | 49 | Lufthansa Group | Germany | $2,616 | $35,603 | 7% |
| 16 | 14 | Deutsche Bahn AG | Germany | $12,311 | $44,946 | 27% |
| 24 | 26 | Hamburg Süd Group | Germany | $6,726 | $6,726 | 100% |
| 7 | 12 | CMA CGM Group | France | $21,084 | $21,727 | 97% |
| 26 | 29 | GeoPost Group | France | $6,131 | $6,303 | 97% |
| 4 | 4 | Maersk | Denmark | $29,696 | $41,205 | 72% |
| 3 | 3 | China Railway Corp. | China | $37,208 | $147,452 | 25% |
| 12 | 16 | COSCO Group | China | $15,450 | $15,964 | 97% |
| 22 | 28 | SF Express | China | $7,612 | $7,612 | 100% |
| 41 | - | TFI International | Canada | $3,013 | $3,158 | 95% |
| 21 | 20 | Canadian National Railway | Canada | $9,606 | $9,882 | 97% |
| 29 | 30 | Canadian Pacific Railway | Canada | $5,134 | $5,260 | 98% |
| 39 | 41 | Toll Group | Australia | $3,078 | $6,397 | 48% |
| 47 | 44 | Aurizon | Australia | $2,687 | $2,687 | 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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Germany’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.
May 12, 2023California’s Port Dominance Is Slipping as Cargo Shifts East
The pandemic’s cargo crush pushed the Los Angeles and Long Beach complex close to the breaking point, allowing ports from New York-New Jersey to Houston to grow their market share.
May 8, 2023Engineers Frustrated With Railroad Sick Time Policies
OMAHA, Neb. — Tens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations.
May 8, 2023Maersk Profits Slip in Q1, Forecasts Weak 2023
A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.
May 4, 2023DHL Plans Third Air Cargo Hub in California
Greg Hewitt, CEO of DHL Express U.S., says company leadership is doubling down on its GoGreen Plus program, with a goal of being a net-zero emissions company by 2050.
May 1, 2023FedEx Freight Plans Closure of 29 Locations
FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.
May 1, 2023Nippon Express in Talks to Buy Logistics Firm Cargo-Partner
Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.
April 18, 2023CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion
Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).
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