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
43 41 Toll Group Australia $3,128 $6,350 49.3%
20 22 Canadian National Railway Canada $10,747 $11,045 97.3%
27 28 Canadian Pacific Railway Canada $5,516 $5,642 97.8%
37 36 TFI International Canada $3,746 $3,951 94.8%
12 14 COSCO Shipping Group China $18,179 $18,179 100.0%
15 20 SF Express China $13,547 $13,547 100.0%
3 3 China Railway Corp. China $45,001 $165,494 27.2%
4 4 Maersk Denmark $34,707 $39,019 88.9%
23 24 GeoPost Group France $8,306 $8,699 95.5%
7 9 CMA CGM Group France $23,480 $23,480 100.0%
42 43 Lufthansa Group Germany $3,201 $42,292 7.6%
13 15 Deutsche Bahn AG Germany $13,630 $51,943 26.2%
14 17 Hapag-Lloyd AG Germany $13,586 $13,586 100.0%
6 6 Deutsche Post DHL Group Germany $24,307 $72,622 33.5%
38 40 Cathay Pacific Airways Hong Kong $3,613 $14,170 25.5%
11 11 Indian Railways India $18,628 $26,092 71.4%
41 42 ZIM Integrated Shipping Services Israel $3,248 $3,248 100.0%
40 39 Nippon Express Japan $3,396 $19,245 17.6%
16 18 Yamato Holdings Japan $12,262 $14,712 83.0%
18 13 NYK Group Japan $11,693 $18,281 64.0%
21 12 Mitsui O.S.K Lines Japan $10,668 $11,311 94.3%
22 25 SG Holdings Japan $8,568 $10,353 82.8%
24 21 Kawaski Kisen Kaisha Ltd. ( Japan $8,299 $8,299 100.0%
50 - Cargolux Luxembourg $2,634 $2,634 100.0%
36 - General Logistics Systems Netherlands $3,850 $3,850 100.0%
44 49 Wallenius Wilhelmsen Group Norway $3,049 $4,063 75.0%
47 - Qatar Airways Qatar $2,753 $13,126 21.0%
5 5 Russian Railways Russia $26,012 $38,403 67.7%
45 44 Pacific International Lines Singapore $2,800 $4,065 68.9%
33 34 Transnet Group South Africa $4,275 $5,588 76.5%
48 47 Korean Air South Korea $2,737 $11,496 23.8%
31 32 Hyundai Merchant Marine Co. South Korea $4,745 $4,745 100.0%
8 7 Mediterranean Shipping Co. Switzerland $22,892 $22,892 100.0%
28 31 Evergreen Marine Corp. Taiwan $5,210 $5,613 92.8%
32 33 Yang Ming Marine Transport Corp. Taiwan $4,704 $4,704 100.0%
39 37 Emirates Group United Arab Emirates $3,555 $26,147 13.6%
9 8 Union Pacific Corp. United States $22,832 $22,832 100.0%
10 10 BNSF Railway United States $22,578 $23,855 94.6%
46 46 Estes Express Lines United States $2,787 $3,186 87.5%
49 45 Kansas City Southern United States $2,714 $2,714 100.0%
17 16 CSX Corp. United States $12,250 $12,250 100.0%
19 19 Norfolk Southern Corp. United States $11,458 $11,458 100.0%
25 23 XPO United States $8,241 $17,279 47.7%
26 26 J.B. Hunt Transport Services United States $7,297 $8,615 84.7%
29 29 Yellow Corp. United States $5,092 $5,092 100.0%
30 30 Knight-Swift Transportation United States $4,760 $5,344 89.1%
1 1 FedEx Corp. United States $63,914 $68,716 93.0%
2 2 UPS Inc. United States $61,253 $71,861 85.2%
34 35 Schneider United States $4,057 $4,977 81.5%
35 38 Old Dominion Freight Line United States $4,044 $4,044 100.0%
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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Engineers Frustrated With Railroad Sick Time Policies

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Maersk Profits Slip in Q1, Forecasts Weak 2023

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DHL Plans Third Air Cargo Hub in California

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FedEx Freight Plans Closure of 29 Locations

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Nippon Express in Talks to Buy Logistics Firm Cargo-Partner

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CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion

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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
March 6, 2023
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