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Nov 02, 2024

2024 Top 50 Global Freight Companies | Transport Topics

Revenues declined in 2023 amid an international trade slump, geopolitical conflicts and economic uncertainty. E-commerce growth and constraints on ocean shipping have fueled strong demand for

Revenues declined in 2023 amid an international trade slump, geopolitical conflicts and economic uncertainty.

E-commerce growth and constraints on ocean shipping have fueled strong demand for airfreight this year.

Get a continent-by-continent and country- by-country look at where the Top 50 Global Freight Companies are based.

Top 50 Global Freight | Airport Data | Port Data

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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Post-COVID normalization and shaky economic conditions led to a difficult year at container ports and airports in 2023.

Learn more about Transport Topics’ Top 50 Global Freight Companies publication.

Shippers faced hurdles with both ocean freight and airfreight in 2023, leading to declined volumes at North America's top container ports and airports.

A slump in international trade, geopolitical conflicts and economic uncertainty created a difficult business environment for the largest transportation and logistics providers in 2023.

Demand for global air cargo traffic continues to increase amid ­e-commerce growth and ocean shipping constraints, driving prices higher as carriers and airports seek new efficiencies to maximize capacity.

“As we get into the holiday season, we’re excited about what we have in store for customers,” CEO Andy Jassy said in a statement.

The Danish transport company sold a six-part bond deal with maturities ranging from two to 10 years, according to a person familiar with the matter.

The Ted Stevens Anchorage International Airport has added five new international cargo carriers to its lineup this year, setting the stage for continued growth.

HAMBURG, Germany — The German shipping company Hapag-Lloyd has raised its profit forecast for the current financial year because of rising freight rates.

SF Holding Co., China’s biggest express delivery company, is targeting a second listing in Hong Kong at the end of next month that could raise about $1 billion.

Danish transport company DSV will start a large bond sale as soon as this year to help pay for its $15.4 billion takeover of DB Schenker ahead of an expected completion in 2025.

Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.