2017 Essential Financial and Operating Information for the 50 largest Global Freight Carriers
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Rankings
Rank This Year Rank Last Year Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
30 29 Canadian Pacific Railway Canada $4,508 $4,636 97.2%
21 21 Canadian National Railway Canada $8,689 $8,953 97.0%
25 26 GeoPost Group France $6,583 $6,825 96.5%
40 41 TFI International Canada $2,857 $2,994 95.4%
8 8 BNSF Railway United States $18,921 $19,829 95.4%
13 14 Mitsui O.S.K Lines Japan $12,731 $13,607 93.6%
1 1 FedEx Corp. United States $55,684 $60,319 93.3%
32 34 Swift Transportation United States $3,721 $4,032 92.3%
48 - Estes Express Lines United States $2,155 $2,397 89.9%
35 35 Evergreen Marine Corp. Taiwan $3,412 $3,836 88.9%
2 2 UPS Inc. United States $53,387 $60,906 87.7%
27 28 J.B. Hunt Transport Services United States $5,717 $6,555 87.2%
36 37 Schneider United States $3,383 $4,046 83.6%
49 - Ukrainian Railways Ukraine $2,131 $2,605 81.8%
24 25 SG Holdings Group Japan $7,142 $8,858 80.6%
34 36 Transnet Group South Africa $3,426 $4,464 76.8%
4 4 Maersk Denmark $26,410 $36,408 72.5%
12 13 NYK Group Japan $12,789 $18,395 69.5%
47 38 Pacific International Lines Singapore $2,194 $3,184 68.9%
16 20 Yamato Group Japan $11,136 $16,881 66.0%
5 6 Russian Railways Russia $20,863 $31,957 65.3%
11 11 Indian Railways India $15,929 $24,574 64.8%
46 48 Lufthansa Group Germany $2,307 $35,043 6.6%
23 30 XPO United States $7,388 $14,619 50.5%
41 39 Toll Group Australia $2,838 $5,898 48.1%
6 9 Deutsche Post DHL Group Germany $20,260 $63,460 31.9%
14 16 Deutsche Bahn AG Germany $12,085 $44,912 26.9%
3 3 China Railway Corp. China $32,445 $136,680 23.7%
43 43 Cathay Pacific Airways Hong Kong $2,584 $11,946 21.6%
50 49 Korean Air South Korea $2,107 $9,918 21.2%
37 46 Nippon Express Japan $2,993 $17,092 18.3%
39 40 Emirates Group United Arab Emirates $2,884 $22,799 12.6%
17 17 CSX Corp. United States $11,069 $11,069 100.0%
18 12 China COSCO Shipping Corp. China $10,518 $10,518 100.0%
19 19 Norfolk Southern Corp. United States $9,888 $9,888 100.0%
20 18 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $9,465 $9,465 100.0%
22 22 SF Express China $8,585 $8,585 100.0%
26 24 Hamburg Süd Group Germany $6,234 $6,234 100.0%
28 27 Orient Overseas International Hong Kong $5,298 $5,298 100.0%
29 32 Yellow Corp. United States $4,698 $4,698 100.0%
31 31 Hyundai Merchant Marine Co. South Korea $3,749 $3,749 100.0%
33 33 Yang Ming Marine Transport Corp. Taiwan $3,579 $3,579 100.0%
38 44 Old Dominion Freight Line United States $2,992 $2,992 100.0%
7 5 Union Pacific Corp. United States $19,941 $19,941 100.0%
9 10 Mediterranean Shipping Co. Switzerland $17,675 $17,675 100.0%
10 7 CMA CGM Group France $15,977 $15,977 100.0%
42 47 Aurizon Australia $2,588 $2,588 100.0%
44 42 ZIM Integrated Shipping Services Israel $2,540 $2,540 100.0%
45 - Kansas City Southern United States $2,334 $2,334 100.0%
15 15 Hapag-Lloyd AG Germany $11,662 $11,662 100.0%
Extras

Find out where the Top Global Freight Carriers are around the world.

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Global Freight News
Government, Business, Logistics, Global Freight

Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine

The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.

Brendan Murray | Bloomberg News
April 10, 2024
Business, Private, Global Freight

Amazon Eyes Record High

Wall Street investors are finally doing what analysts have been recommending all along: buying Amazon.com Inc.

Subrat Patnaik | Bloomberg News
April 8, 2024
Business, Safety, Logistics, Global Freight

Baltimore Bridge Collapses After Cargo Ship Rams Into It

BALTIMORE — A containership lost power and rammed into a major bridge in Baltimore early March 26, causing the span to buckle into the river below. Six people were missing.

Lea Skene | Associated Press
March 26, 2024
Business, Safety, Private, Global Freight, TCA

Amazon Reports ‘Measurable Progress’ on Worker Safety

Amazon’s safety data shows a decline in its warehouse injury rate in 2023, marking an improvement for the second consecutive year, but critics disagree with how the company measures safety.

Lauren Rosenblatt | The Seattle Times
March 18, 2024
Government, Business, Logistics, Global Freight, TCA

Hapag-Lloyd Warns of Further Earnings Decline in 2024

Following a slump in profits in 2023, German container shipping company Hapag-Lloyd expects earnings to decline again in 2024.

dpa | Hamburg, Germany
March 14, 2024
Government, Business, Safety, Fuel, Global Freight

Houthi Missile Damages MSC Containership in Gulf of Aden

Houthi militants attacked and damaged a Swiss-owned container vessel on March 4 in the Gulf of Aden, as the Iran-backed group continues to roil shipping in the region.

March 5, 2024
Government, Business, Logistics, Global Freight

Norfolk Southern Urges Shareholders to Reject Takeover Plan

OMAHA, Neb. — Norfolk Southern wants its shareholders to back its current management team and strategy and reject a bid from a group of investors seeking to take control of the railroad.

Josh Funk | Associated Press
February 27, 2024
Government, Business, Logistics, Global Freight, TCA

Port of Baltimore Hit Cargo Record Last Year

The Port of Baltimore hit records for handling cargo last year, state officials said, showing a rebound from global supply chain difficulties and disruptions during the pandemic.

Lorraine Mirabella | The Baltimore Sun
February 26, 2024
Business, Technology, Autonomous, Private, Global Freight

Investors Flee Tumbling EV Upstarts

Investors have all but thrown in the towel on shares of EV startups Rivian Automotive and Lucid Group. 

Esha Day | Bloomberg News
February 26, 2024
Business, Logistics, Global Freight, TCA

Southwest Airlines Ground Workers Reach Deal for Pay Bump

Southwest Airlines has reached a contract with its ramp, operations, provisioning and freight agents that’ll give workers an average pay increase of over 18%.

Alexandra Skores | The Dallas Morning News
February 23, 2024
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