2020 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
Up Front
Freight carriers across the world experienced dramatic market shifts and volume swings in 2020.
The new trade deal between U.S., Mexico and Canada provides market certainty for North American trade.
The world’s largest freight carriers have navigated unprecedented circumstances due to the coronavirus pandemic.
Rankings
Rank This Year Rank Last Year Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
43 49 Kansas City Southern USA $2,886 $2,886 100.0%
50 - Kazakhstan Temir Zholy Kazakhstan $2,499 $2,974 84.0%
45 46 Estes Express Lines USA $2,818 $3,254 86.6%
39 41 ZIM Integrated Shipping Services Israel $3,300 $3,300 100.0%
46 - Ukrainian Railways Ukraine $2,809 $3,502 80.2%
49 45 Pacific International Lines Singapore $2,639 $3,831 68.9%
37 37 TFI International Canada $3,691 $3,902 94.6%
42 44 Wallenius Wilhelmsen Group Norway $2,998 $3,909 76.7%
35 36 General Logistics Systems Netherlands $4,034 $4,034 100.0%
33 35 Old Dominion Freight Line USA $4,109 $4,109 100.0%
31 31 Hyundai Merchant Marine Co. South Korea $4,729 $4,729 100.0%
36 34 Schneider USA $3,864 $4,747 81.4%
30 32 Yang Ming Marine Transport Corp. Taiwan $4,828 $4,828 100.0%
32 30 Knight-Swift Transportation USA $4,408 $4,844 91.0%
29 29 Yellow Corp. USA $4,871 $4,871 100.0%
34 33 Transnet Group South Africa $4,083 $5,276 77.4%
44 43 Toll Group Australia $2,870 $5,827 49.3%
27 27 Canadian Pacific Railway Canada $5,737 $5,872 97.7%
28 28 Evergreen Marine Corp. Taiwan $5,682 $6,168 92.1%
26 24 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $7,022 $7,022 100.0%
23 23 GeoPost Group France $8,600 $8,600 100.0%
25 26 J.B. Hunt Transport Services USA $7,829 $9,165 85.4%
21 21 Mitsui O.S.K Lines Japan $9,696 $10,633 91.2%
22 22 SG Holdings Japan $9,036 $10,683 84.6%
19 20 Canadian National Railway Canada $10,953 $11,241 97.4%
18 19 Norfolk Southern Corp. USA $11,296 $11,296 100.0%
17 17 CSX Corp. USA $11,937 $11,937 100.0%
41 38 Cathay Pacific Airways Hong Kong $3,039 $13,653 22.3%
48 47 Qatar Airways Qatar $2,725 $14,033 19.4%
14 14 Hapag-Lloyd AG Germany $14,121 $14,121 100.0%
16 16 Yamato Holdings Japan $12,517 $14,911 83.9%
13 15 SF Express China $16,050 $16,050 100.0%
20 18 NYK Group Japan $10,210 $16,262 62.8%
24 25 XPO USA $7,864 $16,648 47.2%
38 40 Nippon Express Japan $3,604 $19,305 18.7%
11 9 Union Pacific Corp. USA $21,708 $21,708 100.0%
10 12 COSCO Shipping Group China $21,787 $21,787 100.0%
9 10 BNSF Railway USA $22,328 $23,515 95.0%
8 8 Mediterranean Shipping Co. Switzerland $24,002 $24,002 100.0%
40 39 Emirates Group UAE $3,051 $24,774 12.3%
12 11 Indian Railways India $19,036 $26,991 70.5%
5 7 CMA CGM Group France $30,254 $30,254 100.0%
6 5 Russian Railways Russia $26,267 $38,618 68.0%
4 4 Maersk Denmark $34,839 $38,890 89.6%
47 42 Lufthansa Group Germany $2,775 $41,061 6.8%
15 13 Deutsche Bahn AG Germany $12,963 $49,761 26.0%
1 1 FedEx Corp. USA $64,690 $69,189 93.5%
7 6 Deutsche Post DHL Group Germany $24,265 $70,940 34.2%
2 2 UPS Inc. USA $63,978 $74,094 86.3%
3 3 China Railway Corp. China $44,468 $163,536 27.2%
Extras
Seaports have experienced huge volume swings in 2020.
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
North America’s busiest cargo airports.
Learn more about Transport Topics’ Top 50 Global Freight Carriers publication.
Find out where the Top 50 Global Freight Carriers are based.
FedEx and UPS face their biggest test yet amid e-commerce growth and early holiday shopping.
Global Freight News
Business, Logistics, Global Freight

Maersk Sees Improved Prospects for Global Container Trade

A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide.

May 2, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit

NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.

Haleluya Hadero | Associated Press
April 30, 2024
Business, Logistics, Global Freight

DHL Expands Retail Presence in D.C. Area

DHL expanded its network of retail locations by introducing a store in Fairfax, Va., the company announced April 23.

Connor D. Wolf | Staff Reporter
April 29, 2024
Government, Business, Technology, Logistics, Global Freight

Amazon Web Services to Build Data Center in Northern Indiana

NEW CARLISLE, Ind. — Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced.

April 25, 2024
Business, Logistics, Global Freight

Union Pacific’s First-Quarter Profit Creeps Up 1%

OMAHA, Neb. — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight.

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

Amazon Prime Memberships in US Gain 8% to New High

Amazon.com Inc.’s Prime subscription service hit a new high of 180 million U.S. shoppers in March, up 8% from a year earlier, according to Consumer Intelligence Research Partners.

Spencer Soper | Bloomberg News
April 16, 2024
Government, Business, Technology, Equipment, Logistics, For-Hire, Global Freight

Amazon Becomes the Largest US Private EV Charging Operator

Amazon has installed more than 17,000 chargers at about 120 warehouses around the U.S., making the retail giant the largest operator of private EV charging infrastructure in the country.

Matt Day | Bloomberg News
April 15, 2024
Government, Business, Logistics, Global Freight

Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine

The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.

Brendan Murray | Bloomberg News
April 10, 2024
Business, Private, Global Freight

Amazon Eyes Record High

Wall Street investors are finally doing what analysts have been recommending all along: buying Amazon.com Inc.

Subrat Patnaik | Bloomberg News
April 8, 2024
Business, Safety, Logistics, Global Freight

Baltimore Bridge Collapses After Cargo Ship Rams Into It

BALTIMORE — A containership lost power and rammed into a major bridge in Baltimore early March 26, causing the span to buckle into the river below. Six people were missing.

Lea Skene | Associated Press
March 26, 2024
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