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%
27 28 Canadian Pacific Railway Canada $5,516 $5,642 97.8%
37 36 TFI International Canada $3,746 $3,951 94.8%
20 22 Canadian National Railway Canada $10,747 $11,045 97.3%
3 3 China Railway Corp. China $45,001 $165,494 27.2%
12 14 COSCO Shipping Group China $18,179 $18,179 100.0%
15 20 SF Express China $13,547 $13,547 100.0%
4 4 Maersk Denmark $34,707 $39,019 88.9%
7 9 CMA CGM Group France $23,480 $23,480 100.0%
23 24 GeoPost Group France $8,306 $8,699 95.5%
6 6 Deutsche Post DHL Group Germany $24,307 $72,622 33.5%
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%
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%
24 21 Kawaski Kisen Kaisha Ltd. ( Japan $8,299 $8,299 100.0%
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%
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%
31 32 Hyundai Merchant Marine Co. South Korea $4,745 $4,745 100.0%
48 47 Korean Air South Korea $2,737 $11,496 23.8%
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%
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%
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%
17 16 CSX Corp. United States $12,250 $12,250 100.0%
49 45 Kansas City Southern United States $2,714 $2,714 100.0%
19 19 Norfolk Southern Corp. United States $11,458 $11,458 100.0%
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
Business, Logistics, Global Freight

CMA CGM, Subsidiary Ceva to Buy UK Logistics Firm Wincanton

French shipping giant CMA CGM SA agreed to buy U.K. logistics company Wincanton Plc, part of the billionaire Saade family’s buying spree to diversify its transport operations.

Tara Patel | Bloomberg News
January 19, 2024
Business, Logistics, Global Freight, TCA

Maersk, Hapag-Lloyd to Operate Some Ships as Joint Fleet

Global shipping giants Hapag-Lloyd and Maersk have struck a partnership deal to operate some of their ships as a joint fleet in the future, the companies announced Jan. 17.

dpa | Hamburg, Germany
January 17, 2024
Government, Business, Safety, Fuel, Logistics, Global Freight

Shipping CEOs See No Short-Term End to Red Sea Disruptions

The CEOs of two leading freight carriers said they expect Red Sea threats to disrupt shipping for weeks or months longer.

Sanne Waas | Bloomberg News
January 17, 2024
Government, Business, Safety, Logistics, Global Freight

How the Red Sea Conflict Is Crimping Global Trade

The attacks on commercial ships in the Red Sea by Houthi rebels have rerouted most of the trade normally flowing through the crucial maritime artery for consumer goods and energy supplies.

January 12, 2024
Government, Business, Safety, Logistics, Global Freight

US Trucking Faces Downstream Effects From Suez Canal Attacks

A militant group that is attacking container vessels along the Suez Canal in Egypt is causing shipment disruptions that threaten to inflict downstream effects on the U.S. trucking sector.

Connor D. Wolf | Staff Reporter
January 9, 2024
Government, Business, Safety, Logistics, Global Freight

Shipping Shows Signs of Panic as Houthis Menace Trade Lane

Container shipping is set to face a crunch ahead of the Lunar New Year holiday as Houthi attacks in the Red Sea restrict capacity, a major industry consultant said. 

January 8, 2024
Government, Business, Safety, Global Freight

Maersk Extends Red Sea Diversion and Warns Risk Will Persist

A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess the situation.

Sanne Waas | Bloomberg News
January 5, 2024
Business, Logistics, Global Freight

Amazon Captured 29% of Online Orders Before Christmas

Amazon's share of online orders spiked in the final days of the holiday season, showing how big investments in delivery speed paid off as shoppers sought out products they could get quickly.

Spencer Soper | Bloomberg News
January 5, 2024
Government, Business, Safety, Logistics, Global Freight

Spot Container Shipping Rates Soar 173% on Red Sea Threats

Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.

Brendan Murray | Bloomberg News
January 4, 2024
Business, Technology, Private, Global Freight

Daimler Partners With Amazon for Fuel Cell Truck Trials

Daimler Truck plans to begin the first on-road customer tests of hydrogen fuel cell-powered Mercedes-Benz GenH2 trucks in global markets in the middle of 2024.

Keiron Greenhalgh | Staff Reporter
December 20, 2023
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