Largest Freight Transportation Companies by Market Cap

FedEx, founded in 1971, is the world’s largest cargo carrier by scheduled freight tonne kilometers, operating in more than 220 countries and territories. Together with UPS — established in 1907 as the American Messenger Company — these two NYSE-listed giants anchor the express parcel and integrated freight segment. But the freight transportation sector stretches well beyond package delivery, covering rail, trucking, freight brokerage, and third-party logistics.

The United States is home to more top-tier freight companies than any other country. Key sub-sectors and players include:

• Rail freight: Union Pacific (NYSE: UNP), founded in 1862, operates over 32,100 route miles across the U.S.
• Express parcel & integrated logistics: UPS (NYSE: UPS) and FedEx (NYSE: FDX), both running global air and ground networks.
• Less-than-truckload (LTL) trucking: Old Dominion Freight Line (NASDAQ: ODFL), founded in 1934, and XPO (NYSE: XPO), whose LTL network covers 99% of US ZIP codes.
• Intermodal & truckload: J.B. Hunt Transport Services (NASDAQ: JBHT), a pioneer in intermodal container transportation since 1961.
• Freight forwarding & 3PL: Denmark-based DSV A/S and C.H. Robinson Worldwide (NASDAQ: CHRW), which handles logistics functions from inventory management to freight distribution.

Trucking alone accounts for roughly 72.6% of all freight moved by weight in North America, making it the single largest segment within transportation. The sector is tracked by dedicated indexes such as the Dow Jones Transportation Index (DJTA).

Regulated broker Invest now: Buy Stocks & ETFs in just 15 minutes from $50 Your capital is at risk. Free demo account & education The table below ranks the largest publicly traded freight transportation companies by market capitalization. Data including share price and market cap updates automatically to reflect current market conditions.