This list ranks the 22 largest publicly listed logistics companies in the world by sales, using the figures Forbes published in its 2026 Global 2000 ranking on 24 June 2026. It covers express and parcel carriers, postal groups, freight forwarders and brokers, contract-logistics providers, trucking companies and container-shipping lines.
DHL Group is the largest, with sales of US$95.6bn, followed by FedEx (US$91.9bn) and UPS (US$88.4bn). The next tier is made up of the container line A.P. Møller-Mærsk, the Chinese express carrier S.F. Holding and the Danish forwarder DSV. Large postal operators that are not listed, such as China Post and the US Postal Service, are discussed separately.
Contents
- Scope
- Methodology
- The list
- Comparison table
- Unlisted postal operators
- Margins across the sector
- Frequently asked questions
- See also
Scope
Forbes places logistics companies in a broad transportation industry that also contains airlines, railways, ride-hailing and food-delivery platforms. This list keeps companies whose main business is moving or storing freight: parcel and express carriers, postal operators, freight forwarders and brokers, trucking and intermodal companies, and container and bulk shipping lines. Passenger airlines, railways, Uber, DoorDash and Delivery Hero are excluded. So are the Chinese supply-chain trading groups Xiamen C&D, Xiamen Xiangyu, Xiamen International Trade Group and Zall Smart Commerce, whose sales come mainly from trading goods, and the food distributor Performance Food Group.
Methodology
Entries are ordered strictly by the sales figure Forbes published for each company in the Global 2000 2026, in US dollars. Forbes ranks the world's largest public companies on sales, profits, assets and market value, with market values based on closing share prices on 15 May 2026. Profit, market value, employees and headquarters are from the same dataset; profit margins in the table are calculated from those two figures.
Where a company also appears in the Fortune Global 500 2026 or Fortune 500 2026, Fortune's revenue figure for its latest fiscal year is given for comparison. Because Forbes includes only listed companies, unlisted postal operators are not ranked.
The list
1
DG
Bonn-based express, freight-forwarding, contract-logistics and postal group
Best for: Express parcels and freight forwarding
Deutsche Post AG and its subsidiaries, known as DHL Group, provide mail and logistics services through Express, Global Forwarding and Freight, Supply Chain, eCommerce, and Post and Parcel Germany segments. Forbes records sales of US$95.6bn and profit of US$4,087m, the largest sales of any listed logistics company, with 583,998 employees. The Fortune Global 500 2026 lists 2025 revenue of US$93.5bn, up 2.7%.
- Sales (Forbes Global 2000 2026)
- US$95.6bn
- Profit (Forbes)
- US$4,087m
- Market value (Forbes, May 2026)
- US$60.9bn
- Headquarters
- Bonn, Germany
- Employees
- 583,998
- Forbes Global 2000 2026 rank
- 214
Strengths
- Largest listed logistics company by sales
- Present in express, forwarding, contract logistics and mail
Limitations
- Low profit margin of about 4%
- Sales include the German mail business, not only logistics
2
F
Memphis-based express and freight carrier
Best for: Express parcels and freight
FedEx is a holding company providing transportation, e-commerce and business services through FedEx Express, FedEx Freight and other segments. Forbes records sales of US$91.9bn and profit of US$4,478m, with 300,000 employees. The Fortune Global 500 2026 lists revenue of US$87.9bn for its latest fiscal year.
- Sales (Forbes Global 2000 2026)
- US$91.9bn
- Profit (Forbes)
- US$4,478m
- Market value (Forbes, May 2026)
- US$89.7bn
- Headquarters
- Memphis, United States
- Employees
- 300,000
- Forbes Global 2000 2026 rank
- 180
Strengths
- Large global air-express network
- Second-largest listed logistics company by sales
Limitations
- Profit margin below 5%
- Exposed to industrial and trade cycles
3
U
Atlanta-based package-delivery company
Best for: Parcel delivery
United Parcel Service is a package-delivery company organised in US Domestic Package, International Package and Supply Chain Solutions segments. Forbes records sales of US$88.4bn and profit of US$5,249m, the highest profit among the three largest companies in the list, with 460,000 employees. Fortune records 2025 revenue of US$88.7bn, down 2.7%.
- Sales (Forbes Global 2000 2026)
- US$88.4bn
- Profit (Forbes)
- US$5,249m
- Market value (Forbes, May 2026)
- US$84.1bn
- Headquarters
- Atlanta, United States
- Employees
- 460,000
- Forbes Global 2000 2026 rank
- 206
Strengths
- Highest profit of the three largest carriers
- Dense US delivery network
Limitations
- Revenue declined in 2025 on Fortune's figures
- Profit margin of about 6%
4
Copenhagen-based container shipping and logistics company
Best for: Container shipping and terminals
A.P. Møller-Mærsk operates Ocean (container shipping), Logistics and Services, and Terminals segments. Forbes records sales of US$53.6bn and profit of US$1,619m. The Fortune Global 500 2026 lists 2025 revenue of US$54.0bn, down 2.7%. It is the largest container-shipping company in the list by sales.
- Sales (Forbes Global 2000 2026)
- US$53.6bn
- Profit (Forbes)
- US$1,619m
- Market value (Forbes, May 2026)
- US$33.3bn
- Headquarters
- Copenhagen, Denmark
- Employees
- 107,638
- Forbes Global 2000 2026 rank
- 361
Strengths
- Largest container shipper in the list
- Integrated ocean, logistics and terminal operations
Limitations
- Earnings depend on volatile freight rates
- Profit margin of about 3% on Forbes's figures
5
SF
Shenzhen-based express delivery and logistics group
Best for: Express delivery in China
S.F. Holding provides traditional express, heavy freight, cold-chain, international and intra-city delivery services. Forbes records sales of US$44.0bn and profit of US$1,606m, with 158,761 employees. Fortune lists 2025 revenue of US$42.9bn, up 8.5%. It is the largest China-based company in the list.
- Sales (Forbes Global 2000 2026)
- US$44.0bn
- Profit (Forbes)
- US$1,606m
- Market value (Forbes, May 2026)
- US$26.2bn
- Headquarters
- Shenzhen, China
- Employees
- 158,761
- Forbes Global 2000 2026 rank
- 577
Strengths
- Largest Chinese logistics company in the list
- Revenue growth of 8.5% in 2025 on Fortune's figures
Limitations
- Concentrated in China
- Profit margin below 4%
6
D
Danish freight forwarder and logistics provider
Best for: Freight forwarding and contract logistics
DSV supplies transport and logistics services through Air and Sea, Road and Solutions segments. Forbes records sales of US$42.8bn and profit of US$1,074m, with 151,751 employees. Fortune lists 2025 revenue of US$37.4bn, up 54.3%, the fastest growth of any company in this list that appears in the Global 500.
- Sales (Forbes Global 2000 2026)
- US$42.8bn
- Profit (Forbes)
- US$1,074m
- Market value (Forbes, May 2026)
- US$59.1bn
- Headquarters
- Hedehusene, Denmark
- Employees
- 151,751
- Forbes Global 2000 2026 rank
- 474
Strengths
- Largest specialist freight forwarder in the list
- Rapid revenue growth in 2025
Limitations
- Sales below those of the three parcel carriers
- Profit margin of about 2.5%
7
CS
Shanghai-based container shipping and terminal operator
Best for: Container shipping
COSCO SHIPPING Holdings provides container shipping and manages and operates container terminals. Forbes records sales of US$30.5bn and profit of US$4,287m, a profit margin of about 14%, among the highest in the list. Fortune's Global 500 separately ranks the parent-level COSCO Shipping group with revenue of US$63.2bn.
- Sales (Forbes Global 2000 2026)
- US$30.5bn
- Profit (Forbes)
- US$4,287m
- Market value (Forbes, May 2026)
- US$29.0bn
- Headquarters
- Shanghai, China
- Employees
- 32,768
- Forbes Global 2000 2026 rank
- 357
Strengths
- Profit margin of about 14%
- Container terminals alongside shipping
Limitations
- Earnings depend on freight-rate cycles
- Sales well below Maersk's
8
K
Swiss sea, air, road and contract logistics provider
Best for: Sea and air freight forwarding
Kühne + Nagel International provides logistics services through Sea Logistics, Air Logistics, Road Logistics and Contract Logistics segments; Forbes records that it was founded by August Kuehne and Friedrich Nagel in 1890. Forbes records sales of US$29.6bn and profit of US$1,042m, with 105,444 employees.
- Sales (Forbes Global 2000 2026)
- US$29.6bn
- Profit (Forbes)
- US$1,042m
- Market value (Forbes, May 2026)
- US$26.4bn
- Headquarters
- Schindellegi, Switzerland
- Employees
- 105,444
- Forbes Global 2000 2026 rank
- 876
Strengths
- Asset-light forwarding model
- Long operating history
Limitations
- Sales below DSV's
- Earnings sensitive to freight volumes and rates
9
Italian postal, parcel, payments and financial-services group
Best for: Mail and parcels in Italy
Poste Italiane provides postal services and operates Mail, Parcels and Distribution; Payments, Mobile and Digital; Financial Services; and Insurance Services segments. Forbes records sales of US$24.4bn and profit of US$2,818m. Its segments include financial and insurance services as well as mail and parcels, and its total assets of US$331.7bn reflect those activities.
- Sales (Forbes Global 2000 2026)
- US$24.4bn
- Profit (Forbes)
- US$2,818m
- Market value (Forbes, May 2026)
- US$36.5bn
- Headquarters
- Rome, Italy
- Employees
- 112,490
- Forbes Global 2000 2026 rank
- 299
Strengths
- Profit of US$2,818m
- Nationwide postal network
Limitations
- Sales include financial and insurance services
- Concentrated in Italy
10
HG
Seoul-based logistics, car-carrier shipping and distribution company
Best for: Automotive logistics
Hyundai GLOVIS provides freight transport brokerage, agency and supporting transport services through logistics, shipping, complete-knock-down (CKD) parts and used-car businesses. Forbes records sales of US$21.2bn and profit of US$1,176m with 2,319 employees, the highest sales per employee among the companies for which Forbes lists a workforce.
- Sales (Forbes Global 2000 2026)
- US$21.2bn
- Profit (Forbes)
- US$1,176m
- Market value (Forbes, May 2026)
- US$12.1bn
- Headquarters
- Seoul, South Korea
- Employees
- 2,319
- Forbes Global 2000 2026 rank
- 1157
Strengths
- Very high sales per employee
- Profit of US$1,176m
Limitations
- Concentrated on automotive logistics
- Depends on vehicle-industry volumes
11
NE
Tokyo-based logistics group
Best for: Freight forwarding and logistics in Japan
Nippon Express Holdings manages a group of companies in transport and logistics; Forbes records that the holding company was established on 4 January 2022. Forbes records sales of US$17.1bn, profit of US$39.9m and 77,925 employees.
- Sales (Forbes Global 2000 2026)
- US$17.1bn
- Profit (Forbes)
- US$39.9m
- Market value (Forbes, May 2026)
- US$7.2bn
- Headquarters
- Tokyo, Japan
- Employees
- 77,925
- Forbes Global 2000 2026 rank
- 1938
Strengths
- Largest Japanese logistics company in the list
- 77,925 employees
Limitations
- Profit of only US$39.9m
- Lowest profit margin in the list
12
CH
US freight broker and forwarder
Best for: Truckload brokerage
C.H. Robinson Worldwide provides freight transportation and logistics through North American Surface Transportation and Global Forwarding segments. Forbes records sales of US$16.2bn and profit of US$599m. The Fortune 500 2026 lists revenue of US$16.2bn.
- Sales (Forbes Global 2000 2026)
- US$16.2bn
- Profit (Forbes)
- US$599m
- Market value (Forbes, May 2026)
- US$19.3bn
- Headquarters
- Eden Prairie, United States
- Employees
- 11,855
- Forbes Global 2000 2026 rank
- 1286
Strengths
- Asset-light brokerage model
- Large North American truckload network
Limitations
- Sales sensitive to truckload rates
- Low profit margin
13
Tokyo-based shipping and logistics group
Best for: Shipping and logistics
Nippon Yusen operates ocean, land and air transport through Liner Shipping, Air Transportation, Logistics, Bulk Shipping and Real Estate segments. Forbes records sales of US$16.1bn and profit of US$1,405m.
- Sales (Forbes Global 2000 2026)
- US$16.1bn
- Profit (Forbes)
- US$1,405m
- Market value (Forbes, May 2026)
- US$14.1bn
- Headquarters
- Tokyo, Japan
- Forbes Global 2000 2026 rank
- 858
Strengths
- Profit of US$1,405m
- Diversified across liner, bulk and air cargo
Limitations
- Earnings depend on shipping cycles
- Forbes lists no employee figure
14
S
Beijing-based freight forwarder and logistics provider
Best for: Freight forwarding in China
Sinotrans provides freight forwarding, logistics, storage and terminal services and logistics-equipment leasing. Forbes records sales of US$13.3bn and profit of US$570m, with 31,953 employees.
- Sales (Forbes Global 2000 2026)
- US$13.3bn
- Profit (Forbes)
- US$570m
- Market value (Forbes, May 2026)
- US$4.7bn
- Headquarters
- Beijing, China
- Employees
- 31,953
- Forbes Global 2000 2026 rank
- 1916
Strengths
- Large Chinese forwarding network
- Profit of US$570m
Limitations
- Market value of only US$4.7bn
- Concentrated in China
15
Lowell-based intermodal, dedicated and truckload carrier
Best for: Intermodal freight
J.B. Hunt Transport Services operates Intermodal, Dedicated Contract Services, Integrated Capacity Solutions, Final Mile Services and Truckload segments. Forbes records sales of US$12.1bn and profit of US$622m. The Fortune 500 2026 lists revenue of US$12.0bn.
- Sales (Forbes Global 2000 2026)
- US$12.1bn
- Profit (Forbes)
- US$622m
- Market value (Forbes, May 2026)
- US$24.7bn
- Headquarters
- Lowell, United States
- Employees
- 31,750
- Forbes Global 2000 2026 rank
- 1285
Strengths
- Large intermodal business
- Profit of US$622m
Limitations
- US-only operations
- Exposed to freight-market cycles
16
Tokyo-based marine transport company
Best for: Bulk, energy and container shipping
Mitsui O.S.K. Lines provides marine transport through Dry Bulk, Energy, Container Ship, Car Carrier and Port Logistics businesses, and also has a Real Estate segment. Forbes records sales of US$12.1bn and profit of US$1,415m.
- Sales (Forbes Global 2000 2026)
- US$12.1bn
- Profit (Forbes)
- US$1,415m
- Market value (Forbes, May 2026)
- US$12.7bn
- Headquarters
- Tokyo, Japan
- Forbes Global 2000 2026 rank
- 951
Strengths
- Diversified fleet
- Profit of US$1,415m
Limitations
- Earnings depend on shipping rates
- Sales include real estate
17
EM
Taipei-based container shipping line
Best for: Container shipping
Evergreen Marine Corp. (Taiwan) provides container shipping, slot charters and container terminal services. Forbes records sales of US$11.5bn and profit of US$1,605m. It is the only company in the list based in Taiwan.
- Sales (Forbes Global 2000 2026)
- US$11.5bn
- Profit (Forbes)
- US$1,605m
- Market value (Forbes, May 2026)
- US$13.8bn
- Headquarters
- Taipei, Taiwan
- Forbes Global 2000 2026 rank
- 958
Strengths
- Profit margin of about 14%
- Focused container business
Limitations
- Earnings depend on freight-rate cycles
- Forbes lists no employee figure
18
E
Seattle-area global freight forwarder
Best for: Air and ocean freight forwarding
Expeditors International of Washington provides global logistics services and reports by geography. Forbes records sales of US$11.2bn and profit of US$836m, with headquarters in Bellevue, Washington. The Fortune 500 2026 lists revenue of US$11.1bn.
- Sales (Forbes Global 2000 2026)
- US$11.2bn
- Profit (Forbes)
- US$836m
- Market value (Forbes, May 2026)
- US$20.3bn
- Headquarters
- Bellevue, United States
- Employees
- 19,800
- Forbes Global 2000 2026 rank
- 1252
Strengths
- Asset-light forwarding model
- Profit margin of about 7.5%
Limitations
- Sales sensitive to air and ocean freight rates
- Smaller than DSV and Kuehne+Nagel
19
YE
Shanghai-based express delivery company
Best for: Express parcels in China
YTO Express Group offers domestic and international express delivery, cargo forwarding by road, air and water, and warehousing. Forbes records sales of US$10.8bn and profit of US$682m, with 21,409 employees.
- Sales (Forbes Global 2000 2026)
- US$10.8bn
- Profit (Forbes)
- US$682m
- Market value (Forbes, May 2026)
- US$10.2bn
- Headquarters
- Shanghai, China
- Employees
- 21,409
- Forbes Global 2000 2026 rank
- 1895
Strengths
- Profit of US$682m
- Large domestic parcel network
Limitations
- Concentrated in China
- Competitive, low-price parcel market
20
X
US less-than-truckload carrier with European transport operations
Best for: Less-than-truckload freight
XPO provides freight transportation through North American less-than-truckload and European Transportation segments. Forbes records sales of US$8.3bn and profit of US$348m. The Fortune 500 2026 lists revenue of US$8.2bn.
- Sales (Forbes Global 2000 2026)
- US$8.3bn
- Profit (Forbes)
- US$348m
- Market value (Forbes, May 2026)
- US$24.0bn
- Headquarters
- Greenwich, United States
- Employees
- 22,500
- Forbes Global 2000 2026 rank
- 1680
Strengths
- Large US less-than-truckload network
- Market value of US$24.0bn
Limitations
- Profit of only US$348m
- Exposed to US industrial freight demand
21
H
Busan-based container shipping line
Best for: Container shipping
HMM provides container and bulk shipping services. Forbes records sales of US$7.5bn and profit of US$1,047m, with 1,933 employees. Its profit margin of about 14% is among the highest in the list.
- Sales (Forbes Global 2000 2026)
- US$7.5bn
- Profit (Forbes)
- US$1,047m
- Market value (Forbes, May 2026)
- US$12.5bn
- Headquarters
- Busan, South Korea
- Employees
- 1,933
- Forbes Global 2000 2026 rank
- 1368
Strengths
- High profit margin
- Small workforce
Limitations
- Earnings depend on freight-rate cycles
- Smallest container line in the list by sales
22
Shanghai-based express delivery company
Best for: Express parcels in China
ZTO Express provides express delivery and value-added logistics services through a nationwide network of partners. Forbes records sales of US$6.8bn and profit of US$1,265m, the highest profit margin in the list at about 18%.
- Sales (Forbes Global 2000 2026)
- US$6.8bn
- Profit (Forbes)
- US$1,265m
- Market value (Forbes, May 2026)
- US$18.0bn
- Headquarters
- Shanghai, China
- Employees
- 23,399
- Forbes Global 2000 2026 rank
- 1407
Strengths
- Highest profit margin in the list
- Network-partner model
Limitations
- Smallest company in the list by sales
- Concentrated in China
Unlisted postal operators
Margins across the sector
Frequently asked questions
What is the largest logistics company in the world?
DHL Group, the trading name of Deutsche Post AG, is the largest listed logistics company in the world by sales, with US$95.6bn in the Forbes Global 2000 2026 and about 584,000 employees. FedEx (US$91.9bn) and UPS (US$88.4bn) follow. The unlisted China Post Group reported revenue of US$94.2bn in the Fortune Global 500 2026.
What is the largest freight forwarding company?
Among the companies in this list, DSV of Denmark has the largest sales of the specialist freight forwarders, at US$42.8bn in the Forbes Global 2000 2026, followed by Kuehne+Nagel at US$29.6bn. DHL Group also runs a large forwarding business inside its Global Forwarding and Freight segment.
What is the largest logistics company in the United States?
FedEx is the largest US-based logistics company by sales in the Forbes Global 2000 2026, with US$91.9bn, narrowly ahead of UPS with US$88.4bn. C.H. Robinson, J.B. Hunt, Expeditors and XPO are the other US companies in the top 22. The unlisted US Postal Service reported revenue of US$80.6bn.
What is the largest container shipping company?
A.P. Møller-Mærsk is the largest listed container-shipping company in the ranking, with sales of US$53.6bn. COSCO Shipping Holdings follows with US$30.5bn. Mediterranean Shipping Company and CMA CGM, two other large container lines, do not appear in the Forbes Global 2000, which covers only listed companies.
Why are airlines and railways not included?
Forbes groups airlines, railways and logistics companies in one transportation industry, but most airline and railway revenue comes from passengers or, for freight railways, from operating rail networks rather than from arranging logistics. This list is limited to companies whose main business is moving, storing or arranging freight and parcels.
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