5 Biggest Global Logistics and Shipping Companies

In this article we are going to list the 5 biggest global logistics and shipping companies. For a detailed coverage of this topic and a more comprehensive list please take a look at the 15 biggest global logistics and shipping companies.

5. Hapag-Loyd

Total TEU of the company in 2022: 1,771,439

Total number of ships of the company (both owned and chartered): 250

The biggest logistics and shipping company in Germany and one of the biggest in Europe, Hapag-Loyd is over half a century old and recorded revenues exceeding $26 billion in 2021.

4. COSCO Shipping

Total TEU of the company in 2022: 2,870,533

Total number of ships of the company (both owned and chartered): 464

COSCO Shipping is the biggest logistics and shipping company in China and is a state-owned company. Providing marine transportation services, COSCO recorded revenues close to $52 billion according to Forbes and assets of more than $65 billion.

3. CMA CGM

Total TEU of the company in 2022: 3,356,504

Total number of ships of the company (both owned and chartered): 593

The biggest logistics and shipping company in France, CMA CGM operates more than 250 shipping routes in 420 ports in over 150 countries. The company has 755 offices globally and employs close to 110,000 people.

2. Maersk

Total TEU of the company in 2022: 4,233,345

Total number of ships of the company (both owned and chartered): 915

Maersk is a Danish giant which has been the biggest logistics and shipping company in the world for a while has finally been dethroned and has to settle for second place in 2022. The company held the top spot for a quarter of a century from 1996 to 2021. Maersk has offices and subsidiaries in 130 countries employing more than 80,000 people. The company had revenues of close to $62 billion and profits of more than $18 billion.

1. Mediterranean Shipping Company

Total TEU of the company in 2022: 4,566,138

Total number of ships of the company (both owned and chartered): 709

Topping the list of the 15 biggest logistics and shipping companies in the world is the Mediterranean Shipping Company, an Italian company which is now headquartered in Switzerland. Even back in 2015, the company has revenues of more than $28 billion and considering that it has finally overtaken Maersk, these numbers will have grown significantly. It still owns fewer ships than Maersk but its total capacity has moved ahead of the Danish giant. The company has more than 30,000 companies currently.

Please also see Best Shipping and Container Stocks To Buy and Goldman Sachs Stock Portfolio.