19 World’s Biggest Courier Companies 2024

 

 19 World’s Biggest Courier Companies in 2024

 

19 World’s Biggest Courier Companies– According to the annual report of the company in 2024, there are 19 World’s biggest courier companies. Of course, these companies have billions of assets and millions of incomes in 2024. In the year of 2024, after the pandemic of Covid-19 influenced the business of courier companies and global instability of economic causes of conflict between Israel and Palestine. Meanwhile, the challenge in 2024 was the global recession in some countries, which can affect global expedition and courier companies.

A courier is a company which delivers mail and packages from one place or person to another place or person in a distant area. With this company, the distribution of goods can be done more efficiently in several days. It can help the company, people, or their customers to transmit their goods fast. Maybe, as humans, we used their service to help deliver our mail, goods, or packages.

In 2024, with the challenge of global economic instability, the courier and delivery company have some different obstacles with the effect of the slowdown of the global economy. Some of them still can get a positive result but some of them have negative effects because of decreasing their business revenue. Here is the rank of 19 world’s biggest courier companies based on net income in 2024. This data of each company is obtained from Annual Report in 2024.

The Rank of 19 World’s Biggest Courier Companies Based on Net Income in 2024

 

Rank	Name of Company	Total Revenue	Total Revenue	Net Income	Net Income
		Origin Currency	US Dollar	Origin Currency	US Dollar
1	UPS	USD 91 billion	USD 91 billion	USD 5.7 billion	USD 5.7 billion
2	Fedex Corporation	USD 87.9 billion	USD 87.9 billion	USD 4 billion	USD 4 billion
3	Deutsche post-DHL	EUR 84.1 billion	USD 93.5 billion	EUR 3.56 billion	USD 3.95 billion
4	Poste Italiane	EUR 12.9 billion	USD 14.3 billion	EUR 2 billion	USD 2.22 billion
5	SF Express	RMB 284 billion	USD 45.4 billion	RMB 10.2 billion	USD 1.6 billion
6	ZTO Express	USD 6 billion	USD 6 billion	USD 1.2 billion	USD 1.2 billion
7	DSV- Schenker AG	DKK 3.6 billion	USD 0.57 billion	DKK 5.9 billion	USD 0.94 billion
8	TFI international	USD 8.3 billion	USD 8.3 billion	USD 0.42 billion	USD 0.42 billion
9	Austrian Post	EUR 3.12 billion	USD 3.46 billion	EUR 0.145 billion	USD 0.16 billion
10	Yamato Holdings	JPY 1,762 billion	USD 11.6 billion	JPY 19.6 billion	USD 0.13 billion
11	J&T Express	USD 10.2 billion	USD 10.2 billion	USD 0.113 billion	USD 0.113 billion
12	International Distribution Services	GBP 12.6 billion	USD 16.3 billion	GBP 0.054 million	USD 0.07 billion
13	Japan Post Group	JPY 3,323 billion	USD 21 billion	JPY 7,270 million	USD 0.047 billion
14	Blue Dart	5,268 crores	USD 0.632 billion	289 crores	USD 0.03 billion
15	PostNL	EUR 3.24 billion	USD 3.59 billion	EUR 0.018 billion	USD 0.0199 billion
16	Delhivery	INR 85.9 billion	USD 1.1 billion	(INR -2.4 billion)	(USD -0.03 billion)
17	Australia Post	USD 9.0 billion	USD 9.0 billion	(USD -0.068 billion)	(USD -0.068 billion)
18	Bpost	EUR 4.3 billion	USD 4.7 billion	(EUR -0.144 billion)	(USD -0.159 billion)
19	Canada Post	CAD 8.9 billion	USD 6.5 billion	(CAD -0.419 billion)	(USD -0.305 billion)
Source: Annual Report, 2024
Currency Rate:
1 Euro (EUR) = 1.11 US Dollar (USD)
1 Canadian Dollar (CAD) = 0.72 US Dollar (USD)
1 Poudsterling (GBP) = 1.30 US Dollar (USD)
1 Danish Krone (DKK) = 0.16 US Dollar (USD)
1 Yuan Renmimbi (RMB) = 0.16 US Dollar
1 Indian Rupee (INR) = 0.013 US Dollar (USD)
1 Japanese Yen (JPY) = 0,0066 US Dollar (USD)
1 Crore = 10 million Indian Rupee (INR)

 

The table above shows the financial business performance of courier companies according to the annual report of the company in 2024. We also published the recorded data of revenue and net income in the year 2024. As additional data, there are 19 World’s Biggest Courier Companies Based on total assets in 2024. This data is obtained from the Balance Sheet, Annual Report of each company in 2024.

 

The Rank of 19 World’s Biggest Courier Companies Based on Total Assets in 2024

 

Rank	Name of Company	Total Assets	Total Assets	Total Liabilities	Total Liabilities
		Origin Currency	US Dollar	Origin Currency	US Dollar
1	Poste Italiane	EUR 277 billion	USD 307 billion	EUR 265 billion	USD 294 billion
2	Fedex Corporation	USD 87.6 billion	USD 87.6 billion	USD 40.3 billion	USD 40.3 billion
3	Deutsche post-DHL	EUR 69.8 billion	USD 77.4 billion	EUR 45.6 billion	USD 50.6 billion
4	UPS	USD 70 billion	USD 70 billion	USD 53.3 billion	USD 53.3 billion
5	S.F. Express	RMB 213 billion	USD 34 billion	RMB 111 billion	USD 17.7 billion
6	Japan Post Group	JPY 4,754 billion	USD 31 billion	JPY 3,983 billion	USD 26 billion
7	DSV- Schenker AG	DKK 157.9 billion	USD 25.2 billion	DKK 79.7 billion	USD 12.7 billion
8	ZTO Express	USD 12.6 billion	USD 12.6 billion	USD 4 billion	USD 4 billion
9	International Distribution Services	GBP 8.9 billion	USD 11.5 billion	GBP 5.4 billion	USD 7 billion
10	Canada Post	CAD 12.9 billion	USD 9.4 billion	CAD 7.8 billion	USD 5.6 billion
11	Yamato Holdings	JPY 1267 billion	USD 8.4 billion	JPY 667 billion	USD 4.4 billion
12	J&T Express	USD 7.29 billion	USD 7.29 billion	USD 4.77 billion	USD 4.77 billion
13	Austrian Post	EUR 6.49 billion	USD 7.2 billion	EUR 4.73 billion	USD 5.2 billion
14	TFI international	USD 7.1 billion	USD 7.1 billion	USD 4.48 billion	USD 4.48 billion
15	Australia Post	USD 6.8 billion	USD 6.8 billion	USD 4 billion	USD 4 billion
16	Bpost	EUR 5.3 billion	USD 5.8 billion	EUR 4.5 billion	USD 4.9 billion
17	Blue Dart	36,627 Crore	USD 3.9 billion	21,037 Crore	USD 2.5 billion
18	PostNL	EUR 2.1 billion	USD 2.3 billion	EUR 2 billion	USD 2.2 billion
19	Delhivery	INR 114 billion	USD 1.4 billion	INR 23 billion	USD 0.29 billion
Source: Annual Report, 2024
Currency Rate :
1 Euro (EUR) = 1.11 US Dollar (USD)
1 Canadian Dollar (CAD) = 0.72 US Dollar (USD)
1 Poudsterling (GBP) = 1.30 US Dollar (USD)
1 Danish Krone (DKK) = 0.16 US Dollar (USD)
1 Yuan Renmimbi (RMB) = 0.16 US Dollar
1 Indian Rupee (INR) = 0.013 US Dollar (USD)
1 Lakhs = 100,000 INR
1 Japanese Yen (JPY) = 0,0066 US Dollar (USD)
1 Crore = 10 million Indian Rupee (INR)

 

 

Brief Description of 19 World’s Largest Courier Companies in 2024

 

1. FedEx Corporation           

 

FedEx Corporation ("FedEx") was founded in Delaware on October 2, 1997, with headquarters in Memphis, Tennessee, USA. Historically, it all began with Frederick W. Smith as a founder of this corporation. As a delivery company, FedEx offers a wide range of transportation, e-commerce, and commercial services under the FedEx name. These organizations fall under the following reportable business segments: FedEx Express, FedEx Ground, and FedEx Freight. As of business development in 2024, Federal Express employed approximately 430,000 employees and had approximately 64,000 drop-off locations, nearly 700 aircraft, and over 175,000 motorized vehicles in its global network. Federal Express contracts with approximately 6,000 independent small businesses to cooperate and partner in certain linehaul and pickup-and-delivery operations. Financially, in 2024, the Fedex corporation gained total revenue of USD 87.9 billion and USD 4 billion in net income.

 

2. Deutsche post-DHL

 

Established in San Francisco, United States. Deutsche Post DHL began its operations on September 25, 1969, and along with the business development and advancement, DHL offers services such as letter and package delivery, fast delivery, freight transport, supply chain management, and e-commerce solutions. This company consists of five operational divisions: Post Parcel Germany, Express, Global Forwarding, Freight, Supply Chain, and eCommerce Solutions. Deutsche Post began acquiring DHL shares in 1998, and by 2001, it had complete control of the company. Now, Deutsche-DHL has its headquarters in Bonn, Germany.  Along with business development, DHL has employed 594 thousand people and has a presence in over 220 countries and regions serving around 3 million customers. Furthermore, DHL also has 115 thousand service points and 3,800 facilities. Financially, in 2024, the Deutsche post-DHL generated EUR 84.1 billion (equivalent to USD 93.5 billion) in revenue and EUR 3.56 billion Euro (equivalent to USD 3.95 billion) in net income.

 

3. UPS

 

United Parcel Service is an American international package transportation and supply chain management corporation founded on August 28, 1907, in Seattle, Washington, by James Casey and Claude Ryan. To date, operationally, UPS still has headquartered in Atlanta, Georgia. Along with the expansion of the business, this company provides various services, such as delivery express, freight forwarding, and logistics services. Operating in more than 200 countries and territories, In 2024, UPS delivered an average of 22.3 million packages per day, totaling 5.7 billion packages during the year. Financially, UPS's revenue in 2024 reached USD 91 billion, with a net income of USD 5.7 billion.

 

4. S.F Express            

SF Express (Group) Co., Ltd. is a transnational Chinese delivery and logistics firm, with headquarters located in Shenzhen, Guangdong. Wang Wei started the firm in 1993. Along with the advancement of its business, this corporation can provide various business services to over 135 thousand employees.  As of business development, S.F. Express served the International Parcel Service Network covering more than 200 countries and regions around the world. In Domestics, S.F. Express has a service network covering 34 provinces, cities and districts in China (including Hong Kong, Macao and Taiwan). Based on its 2024 business performance, S.F. Express generates total revenue of RMB 284 billion Yuan, or equivalent to USD 45.4 billion, and net income of RMB 10.2 billion, or equivalent to USD 1.6 billion.

  

5. International Distribution Services

International Distribution Services consist of two courier and logistic companies, namely Royal Mail and Parcelforce Worldwide (Royal Mail) and General Logistics Systems (GLS). In addition to business development, this organization now offers a variety of services such as letter post, parcel service, EMS, delivery, freight forwarding, and third-party logistics. In 2024, International Distribution Services ' performance was positive, with a total revenue of 12.6 billion Pound sterling, or equivalent to 16.3 billion US dollars, and net income of 54 million Pound sterling, or comparable to USD 70 million. 

6. ZTO Express        

ZTO Express is a Chinese transportation and logistics firm founded by Lai Meisong and still has headquarters in Shanghai, China. As of now, ZTO Express has express delivery as its core business, integrating cross-border, express transportation, cloud warehouse, cold chain, commercial (Tuxi Life). In operational condition as of 2024, ZTO Express has more than 31,000 service outlets, 95 transfer centers, more than 6,000 direct network partners, more than 10,000 self-owned trunk transport vehicles.

Financially, in the year ZTO Express's performance has been strong, with a total revenue of USD 6 billion and net income of USD 1.2 billion. Meanwhile, total assets of ZTO Express are around USD 12.6 billion with total liabilities of around USD 4 billion.

 

7. Poste Italiane       

 

Poste Italiane S.p.A. is an Italian delivery and postal service headquartered at 190 Viale Europa, Rome, Italy. Overall, the corporation employs over 125 thousand workers. As of business development, Poste Italiane has four Strategic Business Units including Mail, Parcels and Distribution; Financial Services; Insurance Services; and Postepay Services (formerly Payments and Mobile). Based on share ownership, Poste Italiane is owned by Cassa Depositi e Prestiti with 35% of share ownership and the Ministry for the Economy and Finance (MEF) with share of ownership around 29%.

Financially, In 2024, the Poste Italiane performed well, gaining total revenue of EUR 12.9 billion or equivalent to USD 14.3 billion and net income of EUR 2 billion or equivalent to USD 2.2 billion.

  

8. TFI international  

 

TFI International Inc. is a Canadian delivery company headquartered in Saint-Laurent, Quebec, and was formed in 1957 by the Emond brothers. Along with business growth, this organization operates 366 sites in Canada, the United States, and Mexico. Furthermore, TFI International is a significant transportation provider throughout North America. As at December 31, 2024, the Company had 14,243 trucks, 45,453 trailers and 7,592 independent contractors. Financially, in 2024, TFI International's financial performance was favorable, with a total revenue of USD 8.3 billion and net income of USD 420 million. In terms of financial position, TFI International has total assets of around USD 7.1 billion with total liabilities of around USD 4.48 billion.

 

9. Australia Post       

 

Australia Post, formerly known as the Australian mail Corporation, is a government-owned company that provides mail and delivery services in Australia. Officially, Australia Post's headquarters are located on Bourke Street in Melbourne. Historically, this corporation was established on July 1, 1975. Along with the expansion of its operations, the corporation now has 4.3 thousand stores and employs 27 thousand workers. Financially, Australia Post's performance in 2024 was quite negative, with a total revenue of USD 9 billion but suffered a net loss of USD -0.068 billion.

 

10. PostNL    

PostNL, previously TNT N.V., is a delivery company that operates in many countries, namely the Netherlands, Germany, Italy, Belgium, and the United Kingdom. Historically, this firm was created in June 1998 and is headquartered in Hague, Netherlands. Based on the business performance in 2023, PostNL has delivered 344 million items of parcels and 1,884 of mail in the Netherlands.  Financially, PostNL performed quite positively, gaining total revenue of EUR 3.24 billion or equivalent to USD 3.59 billion and successfully gained net income of around EUR 0.018 billion or equivalent to -USD 0.019 billion.  

 

11. Austrian Post

 

Austrian Post (Österreichische Post) is the courier firm from Vienna, Austria. Since its founding in 1999, the firm has employed 27,802 people as of 2024. Along with business development, Austrian Post operated in 13 countries, supported by 12,767 electric vehicles. In the year 2024, Austrian Post can deliver more than 500 million parcels in the region of Austria, Southeast and Eastern Europe, Türkiye, and Azerbaijan.

 

Financially, Austrian Post's performance in 2024 is favorable, with a total revenue of EUR 3.12 billion or USD 3.46 billion and net income of EUR 145 million or USD 160 million.  Meanwhile, in terms of financial conditions, total assets of Austrian Post reached EUR 6.49 billion or equivalent to USD 7.2 billion with total liabilities of around EUR 4.73 billion or equivalent to USD 5.2 billion.  

 

12. Canada Post       

 

Canada Post Corporation is a delivery company created on July 1, 1867. Officially, this corporation has a primary headquarters on Riverside Drive in Ottawa, Ontario, and employs 72 thousand people. As of 2024, Canada Post still delivered around 2 billion mails which managed 17.6 billion of addresses delivered.

 

Financially, in 2024, Canada Post had total revenue of 8.9 billion CAD, or USD 6.5 billion, and a net loss of CAD -0.419 billion, or equivalent to USD -0.305 billion. In terms of financial position as of 2024, Canada Post has total assets of around  CAD 12.9 billion or equivalent to USD 9.4 billion with total liabilities of around CAD 7.8 billion or equivalent to USD 5.6 billion.

  

13. DSV -Schenker AG       

 

DSV is a freight forwarding and logistics company operating primarily in the global business-to-business market with headquarters located in Hedehusene (near Copenhagen), Denmark. To Strengthen its business, furthermore, on April 30, 2025, DSV completed its acquisition of DB Schenker, making it one of the world's largest logistics companies with valued at approximately DKK 106.7 billion or equivalent to EUR 14.3 billion. Basically, DB Schenker is a division of Deutsche Bahn AG that focuses on logistics. As of 2023, DB Schenker has 725 warehouses across the nations and employs 72 thousand people.  

 

Financially, in 2024, DSV had a negative performance in 2024, with total revenue of Danish krone (DKK) 3.6 billion or equivalent to USD 0.57 billion and successfully gained a net income of DKK 5.9 billion Euro, or equivalent to USD 0.94 billion. Meanwhile, total assets of DSV reached DKK 157.9 billion or equivalent to USD 25.2 billion with total liabilities of around DKK 79.7 billion or equivalent to USD 12.7 billion.

14. Japan Post

Japan Post started the postal business in 1871 and is still a subsidiary company of the holding company of Japan Post Group. To date, Japan Post provides some delivery business including postal and domestic and international logistics business, post office business. In Japan, this company still holds 173, 935 numbers of post boxes and delivers to around 150 countries. Furthermore, Japan Post still managed 24,700 post offices throughout Japan.  Financially, in 2024, Japan Post generated revenue of JPY 3,323 billion or equivalent with USD 21 billion and successfully gained net income of JPY 7,270 million or equivalent with USD 0.047 billion.

 

15. Blue Dart

Blue Dart Express is an Indian logistics company which is headquartered in Mumbai, Maharashtra, India.  Historically, this company was founded in November 1983 by Tushar Jani, Clyde Cooper, and Khushroo Dubash. Based on the business ownership, Blue Dart has become a subsidiary company of DHL since 2004 with an investment cost of €120 million and still owns 81.03% of total shares. Financially, in 2024, the Blue Dart successfully gained total revenue of 5,268 crore Indian or equivalent to USD 0.632 billion and net income of 289 crore or equivalent to USD 0.03 billion.

 

16. Delhivery

 Delhivery is an Indian logistics-based company founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati. Operationally, Delhivery still has a main office in Gurgaon, Haryana, India. To date, as of 2023, Delhivery can deliver 740 million express parcels and 4.8 million tons of par-truckload freight.  Furthermore, this company also has 33,200 active customers. Financially, in 2024, Delhivery gained total revenue of INR 85.9 billion or equivalent with USD 1.1 billion but Delhivery suffered net loss of INR -2.4 billion or equivalent with USD -0.03 billion.

 

17. Bpost     

The Belgian Post Group or known as Bpost  is courier and logistic companies providing many services to its customers including postal, parcel services, banking retail services, 3rd party logistics services, Integrated cross-border and transportation management. Operationally, the headquarter of Bpost is at the Monnaie Center, Brussels, Belgium. Along with business development, Bpost managed almost 7 million mail items/day, 550.000 parcels/day, 1.4 million newspapers and periodicals/day. In logistic service, Belgian Post managed 350 million shipments with more than 2,600 clients served in Approx. 2.3 million m² in more than 100 warehousing sites. Related to transportation management, Bpost handles 70 million international shipments in 220 countries. In April 2024, Bpostgroup announced the acquisition of Staci, a leading player in the contract logistics space.

Financially, according to its annual report in 2024, Bpost has total assets of around EUR 5.3 billion or equivalent USD 5.8 billion with total liabilities of around EUR 4.5 billion or equivalent to USD 4.9 billion. In terms of business performance in 2024, Bpost successfully gained total revenue of around EUR 4.3 billion or equivalent to USD 4.7 billion but unfortunately suffered net loss around EUR -0.144 billion or equivalent to USD -0.159 billion.

 

18. Yamato Holdings       

Yamato Holdings was established November 29th, 1919 and this company is headquartered in Ginza, Chūō, Tokyo, Japan. As of March 2025, the number of employees is approximately 170,000 people and has 54,000 drivers more or less. Furthermore, as of March 2025, Yamato Holdings managed TA-Q-BIN or known as "Express Home Delivery" around 2.3 billion pieces annually.

Financially, according to its annual report of 2024, Yamato Holdings has total assets of around JPY 1267 billion or equivalent to USD 8.4 billion with total liabilities of around JPY 667 billion or equivalent to USD 4.4 billion. In terms of business performance in 2024, Yamato Holdings successfully gained total revenue of around JPY 1,762 billion or equivalent to USD 11.6 billion and net income of around JPY 19.6 billion or equivalent to USD 0.13 billion.

 

19. J&T Express     

J&T Express is an international delivery company founded in August 2015 in Jakarta, Indonesia. Along with business development, J&T served in 13 countries, covering seven countries across SEA, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia and Singapore, and China, as well as five countries of the New Markets, including Saudi Arabia, UAE, Mexico, Brazil and Egypt. In 2015, the Company started its first express delivery business in Indonesia, a massive archipelago country with more than 17,000 widespread and often remote islands.

Financially, according to its annual report of 2024, J&T Express has total assets of around USD 7.29 billion with total liabilities of around USD 4.77 billion. In terms of business performance in 2024, J&T Express successfully gained total revenue of around USD 10.2 billion with net income of around USD 0.113 billion.

 

The Summary of 15 World's Biggest Courier Companies in 2024 Based on Total Assets

The Summary of 15 World's Biggest Courier Companies in 2024 Based on Net Income

 

Bibliography of 19 World’s Largest Courier Companies in 2024

 

Fedex Corporation. 2025. Annual Report 2024. Accessed via https://investors.fedex.com/financial-information/annual-reports/ on July 10^th, 2025. 

Deutsche Post-DHL. 2025. Annual Report 2024. Accessed via https://www.dpdhl.com/en/investors/ir-download-center.html on July 10^th, 2025. 

UPS. 2025. Annual Report 2024. Accessed via https://investors.ups.com/company-profile/annual-reports on July 10^th, 2025. 

S.F Express. 2025. Annual Report 2024. Accessed via https://www.sf-express.com/cn/sc/download/20210318-IR-RE1-2020.PDF   on July 10^th, 2025. 

Royal Mail. 2025. Annual Report 2024. Accessed via https://www.royalmailgroup.com/en/investors/  on July 10^th, 2025. 

ZTO Express. 2025. Annual Report 2024. Accessed via https://zto.investorroom.com/annual-reports  on July 10^th, 2025. 

Poste Italiane. 2025. Annual Report 2024. Accessed via https://www.posteitaliane.it/en/financial-statements-and-reports.html#/  on July 10^th, 2025. 

TFI international. 2025. Annual Report 2024. Accessed via https://tfiintl.com/en/presentations-and-reports/  on July 10^th, 2025. 

Australia Post. 2025. Annual Report 2024. Accessed via https://auspost.com.au/about-us/news-media/publications   on July 10^th, 2025. 

PostNL. 2025. Annual Report 2024. Accessed via https://www.postnl.nl/en/about-postnl/investors/annual-reports/   on July 10^th, 2025. 

Austrian Post. 2025. Annual Report 2024. Accessed via https://www.post.at/en/ir/c/annual-reports  on July 10^th, 2025.

Gati. 2025. Annual Report 2024. Accessed via https://www.gati.com/investor-relations/annual-report/  on July 10^th, 2025.

Canada Post. 2025. Annual Report 2024. Accessed via https://www.canadapost-postescanada.ca/cpc/en/our-company/about-us/financial-reports.page on July 10^th, 2025.

Delhivery. 2025. Annual Report 2024. Accessed via https://www.delhivery.com/company/investor-relations on July 10^th, 2025. 

Blue Dart. 2025. Annual Report 2024. Accessed via https://www.bluedart.com/financials  on July 10^th, 2025. 

Japan Post. 2025. Annual Report 2024. Accessed via https://www.japanpost.jp/en/ir/library/disclosure/ on July 10^th, 2025. 

Bpost. 2025. Annual Report 2024. Accessed via https://bpostgroup.com/investors/results-reports-presentations/annual-reports  on July 26th 2025.  

Yamato Holdings. 2025. Annual Report 2024. Accessed via https://www.yamato-hd.co.jp/english/investors/library/annualreport/  on July 26th 2025.   

J&T Express. 2025. Annual Report 2024. Accessed via https://ir.jtexpress.com/en/investor-relations/financial-results/  on July 26th. 2025.    

DSV. 2025. Annual Report 2024. Accessed via https://investor.dsv.com/reports-presentations  on July 26th. 2025.