2022 Top 50 Global Freight Companies

2022 Top 50 Global Freight Companies
4 min read

2022 Essential Revenue and Operating Information for the 50 Largest Global Freight Companies

Top 50 Global Freight Carriers

Data for the Top 50 Global Freight Carriers list comes from a combination of company reports and revenue estimates by SJ Consulting Group. Total revenue includes passenger revenue for some railroads and airlines. Revenue for companies based outside the United States is converted to U.S. dollars based on the average rate of exchange for the most recent 12-month period unless otherwise indicated.

To be included in the Top 50 list, please send contact information to tteditor@ttnews.com. 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.

2022 Top 50 Global Freight Companies

Top five benefits of ocean freight shipping

For anyone sending cargo internationally, it is well known that sea freight shipping is an option that offers shippers transportation services at an economical price point.

As one of the oldest options for freight transportation, it’s also one of the most available since oceans and waterways cover most of our planet.

In fact, more than 90 per cent of the goods transported in the world are carried by the international shipping industry.

But with alternative options, such as air, road and rail transportation, why should a shipper consider ocean transport?

Read on to learn the Top Five benefits.

EconomicalHands down, the ocean shipping industry offers the most competitive freight costs to shippers, especially over long distances.

By comparison, some estimates show that ocean freight shipping costs are generally four to six times less expensive than air.

With statistics like this one, it is easy to argue that ocean transportation is the cheapest international shipping option.

EfficiencyNo matter the size of your shipments, sea freight companies can usually accommodate your needs.

Smaller shipments can be grouped together with other cargo to fill a container, allowing for cost-sharing of the transportation services.

Larger cargo can fill one or more containers, offering shippers unmatched bulk options. In fact, vessels are the ideal way to move high volumes of cargo as they are designed to carry large amounts of goods or raw materials.

Oversized, heavy and bulky cargo capabilityA major advantage of sea freight shipping is shipping companies’ ability to handle oversized, heavy or bulky cargo – often referred to as breakbulk or Not in Trailer (NIT) loads.

Such cargo could include large vehicles, equipment, construction materials and more. Oftentimes too heavy or large for air freight or even over-the-road transportation, very large cargo is not a problem on many shipping vessels.

SafetyShips are designed to carry hazardous materials and dangerous cargo safely.

The industry is well-versed in the handling of such goods and has regulations in place to ensure the safety of the vessel, crew, cargo and environment.

2022 Top 50 Global Freight Companies

Cargo loss caused by incidents during transportation is continually dropping as maritime safety increases, and has dropped significantly in the past decade. Containers are designed to be sealed and locked during transportation for extra security.

Environmental friendlinessWhen compared to sea shipping, air and many other forms of transportation have much higher carbon footprints – a definite disadvantage for the environment.

Ships, on the other hand, provide the most carbon-efficient mode of transportation and produce fewer grams of exhaust gas emissions for each ton of cargo transported than any other shipment method.

These already-low emissions continue to trend downward as technology advances, new ships come online and as liquefied natural gas (LNG)-powered options are utilized.

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