November 2. 2026 | Page 35

Top 50 Global Transportation Providers
Special Report
Dominant
Percent of revenue
Rank
Company
Head office
revenue source
2024
2025
YoY change
from freight services
26 SNCF Geodis France Rail $ 12,018 $ 13,593 13.1 % 28.0 %
27 Sinotrans China 3PL $ 14,832 $ 13,466-9.2 % 100 %
28 GXO Logistics US 3PL $ 11,709 $ 13,178 12.5 % 100 %
29 Norfolk Southern US Rail $ 12,123 $ 12,180 0.5 % 100 %
30 Walmart US Parcel $ 9,497 $ 12,061 27.0 % 7.9 %
31 JB Hunt US Truck $ 12,087 $ 11,999-0.7 % 100 %
32 Evergreen Marine Taiwan Ocean $ 14,434 $ 11,607-19.6 % 95.5 %
33 Expeditors International US 3PL $ 10,601 $ 11,069 4.4 % 100 %
34 Yamato Holdings Japan Parcel $ 10,231 $ 10,643 4.0 % 87.0 %
35 CPKC Canada Rail $ 10,533 $ 10,575 0.4 % 97.7 %
36 Dachser Germany 3PL $ 8,655 $ 9,370 8.3 % 100 %
37 SG Holdings Japan Parcel $ 8,247 $ 9,105 10.4 % 94.8 %
38 Rhenus Germany 3PL $ 9,304 $ 8,711-6.4 % 94.1 %
39 CJ Logistics South Korea Parcel $ 8,882 $ 8,640-2.7 % 100 %
40 XPO US Truck $ 8,072 $ 8,157 1.1 % 100 %
41 PSA International Singapore 3PL $ 7,398 $ 7,913 7.0 % 100 %
42 Ryder US Truck $ 7,746 $ 7,802 0.7 % 61.6 %
43 HMM South Korea Ocean $ 8,577 $ 7,660-10.7 % 100 %
44 TQL US 3PL $ 6,900 $ 7,500 8.7 % 100 %
45 Knight-Swift Transportation US Truck $ 7,410 $ 7,470 0.8 % 100 %
46 Kerry Logistics Hong Kong 3PL $ 7,468 $ 7,226-3.2 % 100 %
47 Kintetsu World Express Japan 3PL $ 7,005 $ 7,154 2.1 % 87.4 %
48 TFI International Canada Truck $ 7,305 $ 6,913-5.4 % 100 %
49 ZIM Integrated Shipping Services Israel Ocean $ 8,427 $ 6,904-18.1 % 100 %
50 GLS Netherlands Parcel $ 6,059 $ 6,774 11.8 % 100 %
Total Top 50 Global Transportation Providers $ 1,269,603 $ 1,314,137 3.5 %
Source: Company reports and SJ Consulting estimates. Prepared by SJ Consulting Group, Inc. © 2026 S & P Global
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