2018 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
Up Front
Here’s how rail intermodal projects are boosting development in cities across America.
This year, the world’s biggest freight carriers all got a little bigger as demand for transportation surged.
Several of the most daring and promising concepts for the future of transportation.
Rankings
Rank This Year Rank Last Year Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
41 41 Toll Group Australia $3,023 $6,282 48.1%
48 42 Aurizon Australia $2,409 $2,409 100%
28 30 Canadian Pacific Railway Canada $4,915 $5,053 97.3%
36 40 TFI International Canada $3,460 $3,655 94.7%
22 21 Canadian National Railway Canada $9,766 $10,054 97%
3 3 China Railway Corp. China $39,395 $150,274 26.2%
14 18 COSCO Shipping Holdings Co. China $13,378 $13,378 100%
20 22 SF Express China $10,522 $10,522 100%
4 4 Maersk Denmark $29,096 $30,945 94%
24 25 GeoPost Group France $7,350 $7,699 95.5%
9 10 CMA CGM Group France $21,116 $21,116 100%
6 6 Deutsche Post DHL Group Germany $21,915 $68,271 32.1%
43 46 Lufthansa Group Germany $2,851 $40,186 7.1%
15 14 Deutsche Bahn AG Germany $12,578 $48,234 26.1%
17 15 Hapag-Lloyd AG Germany $11,264 $11,264 100%
27 28 Orient Overseas (International) Ltd. Hong Kong $6,108 $6,108 100%
40 43 Cathay Pacific Airways Hong Kong $3,067 $12,483 24.6%
11 11 Indian Railways India $17,948 $25,311 64.8%
42 44 ZIM Integrated Shipping Services Israel $2,978 $2,978 100%
25 24 SG Holdings Japan $7,302 $9,003 81.1%
39 37 Nippon Express Japan $3,117 $17,798 17.5%
12 13 Mitsui O.S.K. Lines Japan $13,958 $14,830 94.1%
13 12 NYK Group Japan $13,869 $19,903 69.7%
18 16 Yamato Holdings Japan $11,190 $15,459 72%
21 20 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $10,166 $10,166 100%
50 - Kazakhstan Temir Zholy Kazakhstan $2,349 $2,785 84.3%
49 - Wallenius Wilhelmsen Group Norway $2,404 $3,024 79.5%
5 5 Russian Railways Russia $26,285 $38,594 68.1%
44 38 Pacific International Lines Singapore $2,616 $3,798 68.9%
34 34 Transnet Group South Africa $3,775 $4,918 76.8%
32 31 Hyundai Merchant Marine Co. South Korea $4,438 $4,438 100%
47 50 Korean Air South Korea $2,473 $10,387 23.8%
7 9 Mediterranean Shipping Co. Switzerland $21,428 $21,428 100%
31 35 Evergreen Marine Corp. Taiwan $4,444 $4,947 88.9%
33 33 Yang Ming Marine Transport Corp. Taiwan $4,303 $4,303 100%
37 39 Emirates Group United Arab Emirates $3,386 $24,831 13.6%
26 27 J.B. Hunt Transport Services United States $6,181 $7,190 86%
29 29 Yellow Corp. United States $4,891 $4,891 100%
30 32 Knight-Swift Transportation United States $4,634 $5,186 89.4%
1 1 FedEx Logistics United States $57,198 $62,335 91.8%
2 2 UPS Inc. United States $57,100 $65,872 86.7%
35 36 Schneider United States $3,647 $4,384 83.2%
38 38 Old Dominion Freight Line United States $3,358 $3,358 100%
8 7 Union Pacific Corp. United States $21,240 $21,240 100%
10 8 BNSF Railway United States $20,406 $21,387 95.4%
45 45 Kansas City Southern United States $2,583 $2,583 100%
46 48 Estes Express Lines United States $2,476 $2,746 90.2%
16 17 CSX Corp. United States $11,408 $11,408 100%
19 19 Norfolk Southern Corp. United States $10,551 $10,551 100%
23 23 XPO United States $7,516 $15,381 48.9%
Extras
A look at what logistics companies can do to compete in the age of Amazon.
An increase in global shipping volume is adding urgency to efforts to optimize cargo handling.
Railroads push to boost earnings while trying to accommodate an increase in demand for intermodal shipping.
Find out where the Top Global Freight Carriers are around the world.
Learn more about Transport Topics' Top 50 Global Freight Carriers Publication
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Global Freight News
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
Business, Logistics, Global Freight

Shipping Giant CMA CGM Posts Loss as Red Sea Conflict Rages

CMA CGM SA posted its first quarterly loss in four years as the shipping industry struggles with the conflict in the Red Sea and the specter of overcapacity.

Tara Patel | Bloomberg News
February 23, 2024
Business, Logistics, Global Freight, TCA

Port of Mobile to Build Container Facility in North Alabama

The Alabama Port Authority and CSX Transportation announced that Decatur, Ala., will be home to a new intermodal container transfer facility to connect north Alabama to the Port of Mobile.

David Gambino | The Decatur Daily, Ala.
February 8, 2024
Government, Business, Safety, Global Freight

Maersk Warns of Slowdown Once Freight Boost Fades

A.P. Moller-Maersk A/S shares plunged after the company said it expects renewed gloom in the industry this year when the current boost to freight rates from the Red Sea conflict evaporates.

February 8, 2024
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