Amazon retained the top position in the 2026 Transport Topics ranking of the world's largest freight transportation providers, with more than $172 billion in 2025 freight revenue. FedEx moved into second place with about $90 billion, narrowly ahead of UPS at nearly $89 billion. The U.S. Postal Service remained fourth with more than $80 billion.
The ranking covers trucking, parcel, rail, air, ocean and non-asset-based logistics companies and uses company reports plus estimates from SJ Consulting Group. It measures prior-year freight revenue rather than current profit, service quality or market value. DSV rose four positions to No. 11 after completing its Schenker acquisition, reporting more than $37 billion in freight revenue. China-based JD Logistics debuted at No. 10 with $40.8 billion.
North American trucking and logistics names remain prominent. C.H. Robinson ranked No. 23 with $14.8 billion in freight revenue, J.B. Hunt placed No. 30 at nearly $12 billion, XPO held No. 39 at about $8.2 billion and Ryder ranked No. 41 with $7.8 billion from dedicated transportation and third-party logistics operations. Knight-Swift placed No. 44, while TFI International, Schneider and Old Dominion Freight Line also made the list.
Potential consolidation could change future rankings, but proposed transactions should not be treated as completed deals. Transport Topics noted Union Pacific's proposed Norfolk Southern acquisition and C.H. Robinson's planned $5.8 billion purchase of RXO among the transactions to watch. For carriers and shippers, the list highlights the scale of multimodal networks competing for freight. It also shows why resilience, technology and acquisition strategy increasingly shape capacity options beyond any single trucking segment.
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