October 21, 2024 | Page 26

Top 50 Global Transportation Providers
Special Report
Journal of Commerce Top 50 Global Transportation Service Providers
Annual revenue from transportation operations , in USD millions
Head Dominant Percentage of Revenue 2023 Office Revenue Revenue Percent from Goods Handling Rank Parent Company Country Source 2022 2023 Change Services in 2023
1
Amazon
USA
3PL
$ 117,716
$ 140,053
19.0 %
24.4 %
2
FedEx
USA
Parcel
$ 90,155
$ 93,316
3.5 %
100.0 %
3
United Parcel Service
USA
Parcel
$ 100,338
$ 90,958
-9.3%
100.0 %
4
United States Postal Service
USA
Parcel
$ 78,507
$ 79,324
1.0 %
100.0 %
5
Deutsche Post DHL
Germany
Parcel
$ 78,052
$ 66,119
-15.3%
74.7 %
6
A . P . Moller - Maersk
Denmark
Ocean
$ 80,023
$ 48,905
-38.9%
95.8 %
7
CMA CGM
France
Ocean
$ 74,500
$ 47,020
-36.9%
100.0 %
8
Mediterranean Shipping Co .
Switzerland
Ocean
$ 38,938
$ 42,286
8.6 %
100.0 %
9
China State Railway Group
China
Rail
$ 38,475
$ 35,181
-8.6%
19.7 %
10
Kuehne + Nagel
Switzerland
3PL
$ 45,066
$ 29,659
-34.2%
100.0 %
11
SF Express
China
Parcel
$ 41,838
$ 27,182
-35.0%
100.0 %
12
Deutsche Bahn Group
Germany
Rail
$ 31,101
$ 26,735
-14.0%
54.7 %
13
Cosco Shipping
China
Ocean
$ 58,108
$ 24,799
-57.3%
100.0 %
14
Union Pacific
USA
Rail
$ 24,875
$ 24,119
-3.0%
100.0 %
15
BNSF Railway
USA
Rail
$ 25,888
$ 23,876
-7.8%
100.0 %
16
DSV
Denmark
3PL
$ 33,298
$ 21,884
-34.3%
100.0 %
17
Indian Railways
India
Rail
$ 19,338
$ 19,634
1.5 %
63.3 %
18
Hapag-Lloyd
Germany
Ocean
$ 36,319
$ 19,400
-46.6%
100.0 %
19
Geopost
France
Parcel
$ 16,402
$ 16,976
3.5 %
100.0 %
20
CH Robinson
USA
3PL
$ 23,516
$ 16,373
-30.4%
93.0 %
21
Nippon Express
Japan
Rail
$ 19,929
$ 15,935
-20.0%
100.0 %
22
CSX Corp .
USA
Rail
$ 14,853
$ 14,657
-1.3%
100.0 %
23
Ocean Network Express
Japan
Ocean
$ 29,916
$ 14,536
-51.4%
100.0 %
24
Sinotrans
China
3PL
$ 16,169
$ 14,376
-11.1%
100.0 %
25
Yamato Holdings
Japan
Parcel
$ 13,501
$ 12,870
-4.7%
98.5 %
26
JB Hunt
USA
Truck
$ 14,814
$ 12,830
-13.4%
100.0 %
27
SNCF Geodis
France
Rail
$ 14,429
$ 12,594
-12.7%
27.9 %
28
Canadian National Railway
Canada
Rail
$ 13,147
$ 12,459
-5.2%
100.0 %
29
Norfolk Southern
USA
Rail
$ 12,745
$ 12,156
-4.6%
100.0 %
30 SG Holdings
Japan
Parcel
$ 11,649
$ 9,689
-16.8%
94.9 %
26 Journal of Commerce | October 21 , 2024 www . joc . com