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
33 35 Old Dominion Freight Line USA $4,109 $4,109 100.0%
35 36 General Logistics Systems Netherlands $4,034 $4,034 100.0%
5 7 CMA CGM Group France $30,254 $30,254 100.0%
39 41 ZIM Integrated Shipping Services Israel $3,300 $3,300 100.0%
8 8 Mediterranean Shipping Co. Switzerland $24,002 $24,002 100.0%
10 12 COSCO Shipping Group China $21,787 $21,787 100.0%
11 9 Union Pacific Corp. USA $21,708 $21,708 100.0%
43 49 Kansas City Southern USA $2,886 $2,886 100.0%
13 15 SF Express China $16,050 $16,050 100.0%
14 14 Hapag-Lloyd AG Germany $14,121 $14,121 100.0%
17 17 CSX Corp. USA $11,937 $11,937 100.0%
18 19 Norfolk Southern Corp. USA $11,296 $11,296 100.0%
23 23 GeoPost Group France $8,600 $8,600 100.0%
26 24 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $7,022 $7,022 100.0%
29 29 Yellow Corp. USA $4,871 $4,871 100.0%
30 32 Yang Ming Marine Transport Corp. Taiwan $4,828 $4,828 100.0%
31 31 Hyundai Merchant Marine Co. South Korea $4,729 $4,729 100.0%
40 39 Emirates Group UAE $3,051 $24,774 12.3%
38 40 Nippon Express Japan $3,604 $19,305 18.7%
48 47 Qatar Airways Qatar $2,725 $14,033 19.4%
41 38 Cathay Pacific Airways Hong Kong $3,039 $13,653 22.3%
15 13 Deutsche Bahn AG Germany $12,963 $49,761 26.0%
3 3 China Railway Corp. China $44,468 $163,536 27.2%
7 6 Deutsche Post DHL Group Germany $24,265 $70,940 34.2%
24 25 XPO USA $7,864 $16,648 47.2%
44 43 Toll Group Australia $2,870 $5,827 49.3%
47 42 Lufthansa Group Germany $2,775 $41,061 6.8%
20 18 NYK Group Japan $10,210 $16,262 62.8%
6 5 Russian Railways Russia $26,267 $38,618 68.0%
49 45 Pacific International Lines Singapore $2,639 $3,831 68.9%
12 11 Indian Railways India $19,036 $26,991 70.5%
42 44 Wallenius Wilhelmsen Group Norway $2,998 $3,909 76.7%
34 33 Transnet Group South Africa $4,083 $5,276 77.4%
46 - Ukrainian Railways Ukraine $2,809 $3,502 80.2%
36 34 Schneider USA $3,864 $4,747 81.4%
16 16 Yamato Holdings Japan $12,517 $14,911 83.9%
50 - Kazakhstan Temir Zholy Kazakhstan $2,499 $2,974 84.0%
22 22 SG Holdings Japan $9,036 $10,683 84.6%
25 26 J.B. Hunt Transport Services USA $7,829 $9,165 85.4%
2 2 UPS Inc. USA $63,978 $74,094 86.3%
45 46 Estes Express Lines USA $2,818 $3,254 86.6%
4 4 Maersk Denmark $34,839 $38,890 89.6%
32 30 Knight-Swift Transportation USA $4,408 $4,844 91.0%
21 21 Mitsui O.S.K Lines Japan $9,696 $10,633 91.2%
28 28 Evergreen Marine Corp. Taiwan $5,682 $6,168 92.1%
1 1 FedEx Corp. USA $64,690 $69,189 93.5%
37 37 TFI International Canada $3,691 $3,902 94.6%
9 10 BNSF Railway USA $22,328 $23,515 95.0%
19 20 Canadian National Railway Canada $10,953 $11,241 97.4%
27 27 Canadian Pacific Railway Canada $5,737 $5,872 97.7%
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

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
Government, Business, Safety, Logistics, Global Freight

Red Sea Chaos Has Shippers Bracing for Weeks Without Route

The global shipping industry is bracing for the prospect of living without its most important trade route for weeks.

December 19, 2023
Government, Business, Safety, Logistics, Global Freight

Maersk Sails South of Africa to Avoid Red Sea Conflict Area

Shipping giant A.P. Moller-Maersk A/S will redirect its vessels to sail south of Africa to avoid the Red Sea conflict area where Houthi militants have attacked several ships.

Christian Wienberg | Bloomberg News
December 19, 2023
Business, Logistics, Global Freight

Deutsche Bahn to Sell Logistics Unit Schenker

BERLIN — Germany’s main national railway operator, Deutsche Bahn, on Dec. 19 launched an effort to sell its logistics unit, DB Schenker, as the company concentrates on its core business.

December 19, 2023
Government, Safety, Logistics, Global Freight

Railroads Urge Border Officials to Reopen US-Mexico Crossings

Railroads are calling for U.S. Customs and Border Protection to reopen U.S.-Mexico rail crossings at El Paso and Eagle Pass, Texas.

Thomas Black | Bloomberg News
December 18, 2023
Government, Safety, Global Freight

Houthi Attacks Push Shipping Giants to Pause Red Sea Voyages

Attacks on merchant ships by Houthi militants near Yemen in the Red Sea have prompted trade disruption, with major vessel owners Maersk and Hapag-Lloyg halting trips through the area.

December 15, 2023
Government, Business, Global Freight, TCA

Cargo Workers Strike at Denver International Airport

Nearly 100 Swissport cargo workers at the Denver International Airport are on strike Dec. 11, protesting unsafe work conditions they say the company has been ignoring for more than a year.

Lauren Penington | The Denver Post
December 11, 2023
Business, Logistics, Global Freight

DHL Express Workers Strike at Cincinnati Air Cargo Hub

More than 1,100 unionized DHL Express workers walked off the job at Cincinnati/Northern Kentucky International Airport, a critical logistics hub for the package delivery company.

December 8, 2023
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