November 2. 2026 | Page 34

Top 50 Global Transportation Providers
Special Report
Journal of Commerce Top 50 Global Transportation Providers
Annual revenue from transportation operations, in millions of USD
Dominant
Percent of revenue
Rank
Company
Head office
revenue source
2024
2025
YoY change
from freight services
1 Amazon Logistics US Parcel $ 156,146 $ 172,162 10.3 % 24.0 %
2 FedEx US Parcel $ 87,393 $ 90,093 3.1 % 100 %
3 United Parcel Service US Parcel $ 91,070 $ 88,661-2.6 % 100 %
4 United States Postal Service US Parcel $ 79,537 $ 80,581 1.3 % 100 %
5 Deutsche Post DHL Germany Parcel $ 67,594 $ 63,809-5.6 % 86.9 %
6 CMA CGM France Ocean $ 55,480 $ 54,380-2.0 % 100 %
7 A. P. Moller- Maersk Denmark Ocean $ 52,308 $ 50,078-4.3 % 90.1 %
8 SF Express China Parcel $ 39,563 $ 42,870 8.4 % 100 %
9 Mediterranean Shipping Co. Switzerland Ocean $ 38,371 $ 41,325 7.7 % 100 %
10 JD Logistics China 3PL $ 32,106 $ 40,800 27.1 % 21.8 %
11 DSV Panalpina Denmark 3PL $ 24,232 $ 37,376 54.2 % 100 %
12 China State Railway Group China Rail $ 33,477 $ 36,088 7.8 % 6.8 %
13 Kuehne + Nagel Switzerland 3PL $ 31,060 $ 33,847 9.0 % 100 %
14 Cosco Shipping China Ocean $ 32,532 $ 30,532-6.1 % 100 %
15 Indian Railways India Rail $ 26,873 $ 24,580-8.5 % 54.4 %
16 Union Pacific US Rail $ 24,250 $ 24,510 1.1 % 100 %
17 Burlington Northern Santa Fe US Rail $ 23,437 $ 23,421-0.1 % 100 %
18 DB Schenker Germany 3PL $ 21,336 $ 22,417 5.1 % 100 %
19 Hapag-Lloyd Germany Ocean $ 20,677 $ 21,051 1.8 % 100 %
20 Geopost France Parcel $ 17,135 $ 17,838 4.1 % 100 %
21 Canadian National Canada Rail $ 17,046 $ 17,304 1.5 % 100 %
22 Nippon Express Japan Rail $ 17,030 $ 17,208 1.0 % 100 %
23 Ocean Network Express Japan Ocean $ 14,536 $ 16,620 14.3 % 100 %
24 C. H. Robinson US 3PL $ 16,354 $ 14,824-9.4 % 91.3 %
25 CSX Transportation US Rail $ 14,540 $ 14,092-3.1 % 100 %
34 Journal of Commerce | November 2, 2026 www. joc. com