Supply chain disruptions may be easing, but freight volumes continue to stir anxiety in shippers.
Non-asset based companies join the field in this year’s Global Freight Top 50 list.
Get a continent-by-continent and country-by-country look at where the Top 50 Global Freight Companies are based.
|Rank This Year||Rank Last Year||Company||Headquarters||Freight Revenue (Millions)||Total Revenue (Millions)||Freight Revenue Share|
|3||6||Deutsche Post DHL||Germany||$77,050||$101,697||75.8%|
|4||United States Postal Service||USA||$77,040||$77,040||100%|
|7||7||COSCO Shipping Group||China||$51,722||$51,722||100%|
|8||Kuehne + Nagel International||Switzerland||$40,147||$40,147||100%|
|9||17||Deutsche Bahn Group||Germany||$33,027||$52,624||62.8%|
|10||5||Mediterranean Shipping Co.||Switzerland||$32,399||$32,399||100%|
|11||3||China State Railway Group||China||$32,089||$166,355||19.3%|
|18||12||Union Pacific Railroad||USA||$21,804||$21,804||100%|
|21||26||Evergreen Marine Corp.||Taiwan||$17,031||$17,522||97.2%|
|28||25||J.B. Hunt Transport Services||USA||$12,168||$12,168||100%|
|29||29||HMM Co.||South Korea||$12,048||$12,048||100%|
|31||19||Canadian National Railway||Canada||$11,547||$11,547||100%|
|33||37||ZIM Integrated Shipping Services||Israel||$10,729||$10,729||100%|
|34||23||Mitsui O.S.K. Lines||Japan||$10,655||$11,159||95.5%|
|35||Kerry Logistics||Hong Kong||$10,520||$10,520||100%|
|37||CJ Logistics||South Korea||$9,908||$9,908||100%|
|39||33||Yang Ming Marine Transport Co.||Taiwan||$8,762||$8,762||100%|
|41||48||Wan Hai Lines||Taiwan||$8,163||$8,163||100%|
|43||Kintetsu World Express||Japan||$7,105||$7,105||100%|
|44||27||Kawasaki Kisen Kaisha Ltd. (K Line)||Japan||$6,893||$6,893||100%|
|48||32||Emirates Group||United Arab Emirates||$5,895||$15,867||37.2%|
|50||36||Old Dominion Freight Line||USA||$5,256||$5,256||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
To be included in the Top 50 list, please send contact information to firstname.lastname@example.org. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 50 list.
Last year saw air- and sea-freight volumes bounce back from supply chain struggles.
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Learn more about Transport Topics’ Top 50 Global Freight Companies publication.
FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.
Global supply chains have returned to normal, the Federal Reserve Bank of New York said, almost three years after COVID-19 was declared a pandemic.
French shipping giant CMA CGM SA warned of a steep drop in demand so far this year, extending a slump that led to a more than halving of quarterly profit.
The White House’s supply chain envoy said the ports and logistics industry must move toward automation, a sticking point in protracted contract talks between U.S. West Coast dockworkers and their employers.
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Supply chains across the world are healing up almost as fast as they broke down. That doesn’t mean the pressure they’re exerting on inflation will disappear as quickly.
FedEx Corp. pilots are inching closer to a potential strike as negotiations stall on a new labor agreement.
Shipping giant A.P. Moeller-Maersk said in an email to The Associated Press that it filed a claim against Evergreen Marine Corp., the vessel’s Japanese owner and its German technical manager in the Danish Maritime and Commercial High Court.
A.P. Moller-Maersk A/S said “muted” economic growth is set to push the world’s container shipping volumes down by as much as 2.5% this year.
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