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
Business, Logistics, Global Freight

Georgia Ports Handled Record Number of Automobiles in 2023

SAVANNAH, Ga. — The Georgia Ports Authority said that it moved a record number of automobiles across its docks in Brunswick in 2023, while goods sent to Savannah in containers declined 16%.

Russ Bynum | Associated Press
January 30, 2024
Government, Business, Technology, Equipment, Logistics, Global Freight

Freight Elite Struggle to Hit Climate Goals as Demand Surges

Although there are signs of progress, the largest delivery companies have scaled back climate pledges and the industry isn’t keeping pace with climbing emissions from a global demand surge.

Ben Elgin | Bloomberg News
January 30, 2024
Government, Technology, Safety, Global Freight

Norfolk Southern Piloting Anonymous Employee Safety Hotline

OMAHA, Neb. — About 1,000 engineers and conductors who work for Norfolk Southern soon will be able to report safety concerns anonymously through a federal system without fear of discipline.

Josh Funk | Associated Press
January 30, 2024
Business, Fuel, Global Freight

Maersk Unveils World’s Biggest Methanol-Powered Containership

A.P. Moller-Maersk A/S’s newest methanol-powered vessel will soon set sail from South Korea as the shipper seeks to reduce emissions in one of the world’s most-polluting industries.

Heejin Kim | Bloomberg News
January 26, 2024
Business, Safety, Logistics, Global Freight

Union Pacific Profit Up 1% in Q4 as Deliveries Rise

OMAHA, Neb. — Union Pacific’s fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles.

Josh Funk | Associated Press
January 25, 2024
Business, Logistics, Global Freight

Canadian National Railway Maintains Earnings Growth Forecast

Canadian National Railway is sticking with its outlook for double-digit profit growth over the next few years, moving past a 2023 marred by labor strife, low grain shipments and a sluggish economy.

Stephanie Hughes | Bloomberg News
January 24, 2024
Government, Technology, Global Freight, TCA

USPS Installs EV Chargers in Atlanta, Will Expand Nationwide

This week, USPS unveiled its first set of EV charging stations at its South Atlanta Sorting and Delivery Center, the first of hundreds that will be installed at centers nationwide this year.

Leada Gore | al.com
January 23, 2024
Government, Business, Safety, Fuel, Logistics, Global Freight

Red Sea Chaos Starting to Impair Profits Across Industries

With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply chain strains show up in companies’ earnings reports.

January 23, 2024
Government, Business, Logistics, Global Freight, TCA

STB Calls for Status Hearing on Gulf Coast Amtrak Project

The U.S. Surface Transportation Board, which oversaw hearings into the possible restart of Gulf Coast rail during 2022, is calling the parties involved in the case for a status hearing.

John Sharp | Alabama Media Group (Birmingham, Ala.)
January 22, 2024
Government, Business, Safety, Logistics, Private, Global Freight

Red Sea Attacks Disrupt Food Trade, Risk Higher Grocery Costs

Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to halt a slowdown in food inflation that brought some relief to strained consumers.

January 19, 2024
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