2021 Top 50 Global Freight

2021 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers

Up Front

After once-in-a-lifetime pandemic, supply chains are adjusting to new normal.
Global supply chain, so often taken for granted, becomes cause for worldwide concern.
Find out where the Top 50 Global Freight Carriers are based.

Rankings

Rank This Year Rank Last Year Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
1 2
UPS Inc.
USA $72,593 $84,628 85.8%
2 1
FedEx Corp.
USA $70,456 $74,729 94.3%
3 3
China State Railway Group
China $46,357 $164,346 28.2%
4 4
Maersk
Denmark $35,718 $39,740 89.9%
5 8
Mediterranean Shipping Co
Switzerland $29,995 $29,995 100.0%
6 7
Deutsche Post DHL
Germany $26,779 $76,191 35.1%
7 10
Cosco Shipping Group
China $24,820 $24,820 100.0%
8 5
CMA CGM
France $24,230 $31,580 76.7%
9 13
SF Express
China $22,317 $22,317 100.0%
10 6
Russian Railways
Russia $21,649 $30,261 71.5%
11 9
BNSF Railway
USA $19,778 $20,869 94.8%
12 11
Union Pacific
USA $19,533 $19,533 100.0%
13 12
Indian Railways
India $15,740 $18,618 84.5%
14 14
Hapag-Lloyd
Germany $14,567 $14,567 100.0%
15 16
Yamato Holdings
Japan $13,523 $15,274 88.5%
16 23
GeoPost Group
France $12,460 $12,460 100.0%
17 15
Deutsche Bahn Group
Germany $12,357 $45,508 27.2%
18 17
CSX Corp.
USA $10,538 $10,538 100.0%
19 19
Canadian National
Canada $10,060 $10,307 97.6%
20 18
Norfolk Southern
USA $9,789 $9,789 100.0%
21 22
SG Holdings
Japan $9,702 $11,806 82.2%
22 20
NYK Group
Japan $9,205 $15,254 60.3%
23 21
Mitsui O.S.K Lines
Japan $8,721 $9,556 91.3%
24 24
XPO
USA $8,156 $16,252 50.2%
25 25
J.B. Hunt Transport Services
USA $8,022 $9,637 83.2%
26 28
Evergreen Marine Corp.
Taiwan $6,565 $7,029 93.4%
27 26
Kawasaki Kisen Kaisha Ltd. (K Line)
Japan $5,967 $5,967 100.0%
28 27
Canadian Pacific Railway
Canada $5,624 $5,750 97.8%
29 31
Hyundai Merchant Marine Co.
South Korea $5,438 $5,438 100.0%
30 35
General Logistics Systems (Royal Mail)
Netherlands $5,183 $5,183 100.0%
31 48
Qatar Airways
Qatar $5,071 $8,062 62.9%
32 40
Emirates Group
UAE $4,657 $8,230 56.6%
33 30
Yang Ming Marine Transport Co.
Taiwan $4,632 $5,135 90.2%
34 29
Yellow Corp.
USA $4,513 $4,513 100.0%
35 32
Knight-Swift Transportation
USA $4,177 $4,674 89.4%
36 33
Old Dominion Freight Line
USA $4,015 $4,015 100.0%
37 39
ZIM Integrated Shipping Services
Israel $3,992 $3,992 100.0%
38 -
Korean Air
South Korea $3,605 $6,280 57.4%
39 41
Cathay Pacific Airways
Hong Kong $3,596 $6,051 59.4%
40 37
TFI International
Canada $3,542 $3,782 93.6%
41 44
Toll Group (Japan Post)
Australia $3,503 $7,112 49.3%
42 36
Schneider
USA $3,457 $4,553 75.9%
43 38
Nippon Express
Japan $3,317 $18,856 17.6%
44 -
Cargolux
Luxembourg $3,171 $3,171 100.0%
45 47
Lufthansa Group
Germany $3,144 $15,498 20.3%
46 45
Estes Express
USA $3,055 $3,547 86.1%
47 34
Transnet Group
South Africa $2,995 $3,770 79.5%
48 -
Wan Hai Lines
Taiwan $2,779 $2,779 100.0%
49 -
Turkish Airlines
Turkey $2,722 $6,734 40.4%
50 43
Kansas City Southern
USA $2,633 $2,633 100.0%

Extras

Ports and airports across North America are clamoring to stay ahead of cargo backlogs and shipment load.

If your company appears in the 2021 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.

Learn more about Transport Topics’ Top 50 Global Freight Carriers publication.

Global Freight News

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Oil prices rose to their highest point in weeks after President Donald Trump declared the U.S. ceasefire with Iran over, responding to Iranian attacks on commercial ships in the Strait of Hormuz.

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Latest Amazon bond demand cools after March debt sale

When Amazon sold its biggest-ever bond earlier this year, it was inundated with investor orders amid hype about the AI boom. This time around, there’s less fanfare.

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Palmer deal gives logistics firm H.Essers U.S. market entry

H.Essers is entering the U.S. market by bringing chemical warehousing firm Palmer Logistics into its operations and outlining plans for expansion.

July 7, 2026
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Maersk, Hapag-Lloyd signal Red Sea route return

Maersk and Hapag-Lloyd signaled confidence about resuming passage through the Red Sea, sending the container carriers’ shares down July 6.

July 6, 2026
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Evergreen Marine searched in insider trading probe

Evergreen Marine confirmed authorities had searched its premises, adding that the company was fully cooperating with the investigation.

July 6, 2026
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Amazon to pay more than $2M in FTC identity theft case

Amazon agreed to pay $2.25 million to settle U.S. claims that it routinely failed to provide records to help customers who were victims of identity theft.

June 30, 2026
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Maersk raises profit outlook on solid demand

Maersk upgraded its profit outlook for this year, citing solid demand especially in Asia and a global container market that looks to stay healthy the rest of the year.

June 29, 2026
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Cargo Ship Attack Tests Reopening of Strait of Hormuz

A ship was hit by an unknown projectile in the Strait of Hormuz, just hours after several freighters turned around while attempting to cross the vital waterway.

June 25, 2026
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Amazon Prime Day Online Spending Beats Estimate on Day 1

Competitors such as Walmart and Target scheduled overlapping promotions, boosting traffic and shopping across the web.

June 24, 2026
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FedEx Posts Profit Beat but Package Demand Stays Muted

FedEx reported profit that beat Wall Street’s expectations as the courier navigated tumultuous trade policies and rising costs that have buffeted its business.

June 23, 2026

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