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

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Global Freight News
Business, Technology, Global Freight

CSX Q3 Profit Up 15% as Railroad Hauls 2% More Freight

CSX Corp. delivered 15% more profit in the third quarter as it handled 2% more freight and worked to eliminate the delays shippers have been complaining about for months.

Josh Funk | Associated Press
October 21, 2022
Business, Equipment, Global Freight, TCA

UPS Aircraft Mechanics Ratify Labor Contract

Aircraft mechanics at UPS Inc. voted to ratify a labor contract extension that will give them a 3.3% hike in pay annually for three years, the International Brotherhood of Teamsters union announced Oct. 18.

Kelly Yamanouchi | The Atlanta Journal-Constitution
October 19, 2022
Business, Safety, Global Freight, TCA

California Ports Reveal Surge in Harmful Emissions in 2021

California port officials announced an unprecedented increase in harmful emissions last year. Although the increase in pollution was substantial, officials said emissions are still much lower than levels in the mid-2000s.

Tony Briscoe | Chicago Tribune
October 18, 2022
Government, Technology, Logistics, Global Freight, TCA

Truckers Win Over BNSF in Case Regarding Illinois Biometrics Law

In what is believed to be the first jury verdict related to Illinois’ strict biometrics privacy law, a $228 million judgment has been entered against BNSF Railway in a class-action lawsuit over the railroad’s collection of fingerprint data.

Sarah Freishtat | Chicago Tribune
October 17, 2022
Business, Technology, Equipment, Fuel, Logistics, Global Freight

Maersk Expands Green Fleet With $1 Billion Order for Vessels

A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, ordered six large containerships that can sail on green methanol as part of the transport giant’s plan to become carbon neutral.

Christian Wienberg | Bloomberg News
October 5, 2022
Business, Logistics, Global Freight

MSC Launches Air Cargo Business

Mediterranean Shipping Co., the world’s largest container line, will expand into air cargo using four leased Boeing Co. wide-body freighters after missing out in a bid for Italy’s flag-carrier airline.

Bryce Baschuk | Bloomberg News
September 27, 2022
Business, Logistics, Global Freight

Shipping Container Lines Set to Smash Year-Old Profit Record

The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labor strains that are squeezing capacity amid sustained U.S. demand for imports.

Brendan Murray | Bloomberg News
August 9, 2022
Business, Technology, Fuel, Logistics, Global Freight

HMM to Continue Deploying More Ships as Port Congestion Persists

HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s exporters struggling to transport goods overseas.

Kyunghee Park | Bloomberg News
May 10, 2022
Government, Business, Logistics, Global Freight

Labor Leaders Optimistic Over Port Contract Talks

With negotiations expected to begin soon between the 22,000-member International Longshore and Warehouse Union and the Pacific Maritime Association, ILWU leaders are expressing confidence that the two sides will reach an agreement — without an interruption in work — before the June 30 deadline for the current contract expiration.

Dan Ronan | Senior Reporter
April 13, 2022
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