2019 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
Up Front
Policy negotiations have put freight patterns in flux.
Despite trade tensions, growth has continued.
How the Netherlands is handling increased demand.
Rankings
Rank This Year Rank Last Year Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
50 - Cargolux Luxembourg $2,634 $2,634 100.0%
49 45 Kansas City Southern United States $2,714 $2,714 100.0%
48 47 Korean Air South Korea $2,737 $11,496 23.8%
47 - Qatar Airways Qatar $2,753 $13,126 21.0%
46 46 Estes Express Lines United States $2,787 $3,186 87.5%
45 44 Pacific International Lines Singapore $2,800 $4,065 68.9%
44 49 Wallenius Wilhelmsen Group Norway $3,049 $4,063 75.0%
43 41 Toll Group Australia $3,128 $6,350 49.3%
42 43 Lufthansa Group Germany $3,201 $42,292 7.6%
41 42 ZIM Integrated Shipping Services Israel $3,248 $3,248 100.0%
40 39 Nippon Express Japan $3,396 $19,245 17.6%
39 37 Emirates Group United Arab Emirates $3,555 $26,147 13.6%
38 40 Cathay Pacific Airways Hong Kong $3,613 $14,170 25.5%
37 36 TFI International Canada $3,746 $3,951 94.8%
36 - General Logistics Systems Netherlands $3,850 $3,850 100.0%
35 38 Old Dominion Freight Line United States $4,044 $4,044 100.0%
34 35 Schneider United States $4,057 $4,977 81.5%
33 34 Transnet Group South Africa $4,275 $5,588 76.5%
32 33 Yang Ming Marine Transport Corp. Taiwan $4,704 $4,704 100.0%
31 32 Hyundai Merchant Marine Co. South Korea $4,745 $4,745 100.0%
30 30 Knight-Swift Transportation United States $4,760 $5,344 89.1%
29 29 Yellow Corp. United States $5,092 $5,092 100.0%
28 31 Evergreen Marine Corp. Taiwan $5,210 $5,613 92.8%
27 28 Canadian Pacific Railway Canada $5,516 $5,642 97.8%
26 26 J.B. Hunt Transport Services United States $7,297 $8,615 84.7%
25 23 XPO United States $8,241 $17,279 47.7%
24 21 Kawaski Kisen Kaisha Ltd. ( Japan $8,299 $8,299 100.0%
23 24 GeoPost Group France $8,306 $8,699 95.5%
22 25 SG Holdings Japan $8,568 $10,353 82.8%
21 12 Mitsui O.S.K Lines Japan $10,668 $11,311 94.3%
20 22 Canadian National Railway Canada $10,747 $11,045 97.3%
19 19 Norfolk Southern Corp. United States $11,458 $11,458 100.0%
18 13 NYK Group Japan $11,693 $18,281 64.0%
17 16 CSX Corp. United States $12,250 $12,250 100.0%
16 18 Yamato Holdings Japan $12,262 $14,712 83.0%
15 20 SF Express China $13,547 $13,547 100.0%
14 17 Hapag-Lloyd AG Germany $13,586 $13,586 100.0%
13 15 Deutsche Bahn AG Germany $13,630 $51,943 26.2%
12 14 COSCO Shipping Group China $18,179 $18,179 100.0%
11 11 Indian Railways India $18,628 $26,092 71.4%
10 10 BNSF Railway United States $22,578 $23,855 94.6%
9 8 Union Pacific Corp. United States $22,832 $22,832 100.0%
8 7 Mediterranean Shipping Co. Switzerland $22,892 $22,892 100.0%
7 9 CMA CGM Group France $23,480 $23,480 100.0%
6 6 Deutsche Post DHL Group Germany $24,307 $72,622 33.5%
5 5 Russian Railways Russia $26,012 $38,403 67.7%
4 4 Maersk Denmark $34,707 $39,019 88.9%
3 3 China Railway Corp. China $45,001 $165,494 27.2%
2 2 UPS Inc. United States $61,253 $71,861 85.2%
1 1 FedEx Corp. United States $63,914 $68,716 93.0%
Extras
Spending on ports projects has risen.
Companies and government agencies work to minimize effects of the E.U. departure.
Memphis International retains the top spot; Louisville honors boxing legend.
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
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
Business, Technology, Logistics, Autonomous, Global Freight, TCA

Cincinnati Airport Deploys Autonomous Baggage Handling EVs

Cincinnati/Northern Kentucky International Airport is using devices known as Auto-DollyTugs, electric autonomous vehicles complete with “robotic arms,” to handle baggage and cargo.

Skip Descant | Government Technology
February 6, 2024
Business, Technology, Logistics, Global Freight

Amazon Beats Revenue and Profit Expectations for Q4

Amazon on Feb. 1 reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season.

Haleluya Hadero | Associated Press
February 2, 2024
Business, Logistics, Global Freight, TCA

Container Boom Leads to Q4 Earnings Dip at Hapag-Lloyd

HAMBURG, Germany — The sharp drop in freight prices following the pandemic has caused a slump in sales and profits at German container shipping company Hapag-Lloyd.

dpa | Hamburg, Germany
January 31, 2024
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