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
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DHL Plans Third Air Cargo Hub in California

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Dan Ronan | Senior Reporter
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FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Connor D. Wolf | Staff Reporter
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Nippon Express in Talks to Buy Logistics Firm Cargo-Partner

Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.

April 18, 2023
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CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

Tara Patel | Bloomberg News
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FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective

FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.

Thomas Black | Bloomberg News
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Global Supply Chains Back to Normal, N.Y. Fed Says

Global supply chains have returned to normal, the Federal Reserve Bank of New York said, almost three years after COVID-19 was declared a pandemic.

Brendan Murray | Bloomberg News
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French Shipping Giant CMA CGM Warns Demand Is Falling

French shipping giant CMA CGM SA warned of a steep drop in demand so far this year, extending a slump that led to a more than halving of quarterly profit.

Tara Patel | Bloomberg News
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Supply Chain Envoy Says Automating Ports Doesn’t Have to Cost Jobs

The White House’s supply chain envoy said the ports and logistics industry must move toward automation, a sticking point in protracted contract talks between U.S. West Coast dockworkers and their employers.

Laura Curtis | Bloomberg News
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Government, Technology, Equipment, Global Freight

USPS Buys Electric Vans, Charging Stations in Bulk

WASHINGTON — The U.S. Postal Service is buying 9,250 Ford Motor Co. electric vans and 14,000 charging stations as part of a move to switch its fleet to electric vehicles.

March 1, 2023
Government, Business, Logistics, Global Freight

Supply Chains Have Healed, Yet Their Mark on Inflation to Endure

Supply chains across the world are healing up almost as fast as they broke down. That doesn’t mean the pressure they’re exerting on inflation will disappear as quickly.

Laura Curtis | Bloomberg News
February 27, 2023
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