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

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

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

Global Freight News
Government, Safety, Fuel, Global Freight, TCA

NTSB Calls for California Shipping Fix After 2021 Oil Spill

The National Transportation Safety Board wants changes in how containerships are anchored off Southern California to help prevent oil pipeline ruptures like the 2021 spill off Huntington Beach.

Grace Toohey | Los Angeles Times
December 6, 2023
Business, Technology, Autonomous, Global Freight

Pilotless FedEx, Reliable Robotics Plane Completes Flight

Reliable Robotics Corp. has flown a small cargo plane on loan from FedEx Corp. without a human on board, a step toward the autonomous flight startup winning regulatory approval.

Thomas Black | Bloomberg News
December 6, 2023
Government, Business, Fuel, Global Freight

Shipping Giants Want End Date for Fossil Fuel-Only Vessels

Europe’s biggest container lines want to phase out ships powered only by fossil fuels, they say in a proposal jointly made by Mediterranean Shipping Co., Maersk, CMA CGM and Hapag-Lloyd.

Jack Wittels and Tara Patel | Bloomberg News
December 1, 2023
Government, Fuel, Logistics, Global Freight

Greek Shipping Giant Warns Panama Canal Chaos May Hit Suez

Congestion at the Panama Canal could result in delays at Egypt’s Suez Canal, possibly affecting cargoes of liquefied natural gas, according to an official at Angelicoussis Group.

Anna Shiryaevskaya | Bloomberg News
November 29, 2023
Technology, Safety, Global Freight

DP World Says Some Personal Employee Data Stolen in Hack

DP World Plc said workers’ personal information was stolen in the November cyberattack on the port operator’s Australian business.

Angus Whitley | Bloomberg News
November 28, 2023
Government, Business, Global Freight

Shippers to Europe Facing $3.6 Billion Carbon Bill in 2024

Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next year, the start of a levy that’s likely to rise as Europe steps up efforts to combat climate change.

November 21, 2023
Business, Logistics, Global Freight

Major Shippers Don’t Predict Issues Meeting Holiday Demand

Carriers like the U.S. Postal Service, FedEx and UPS Inc. have capacity to meet projected demand this holiday season, which is cheery news for shippers and shoppers alike.

David Sharp | Associated Press
November 21, 2023
Government, Business, Logistics, Global Freight

Container Shipping Seeing Major Cuts After $364 Billion Boom

The container shipping industry, after two years of record-high freight rates and slow deliveries, is seeing its boom become a bust due to oversupply following the COVID-19 demand highs.

November 14, 2023
Government, Technology, Safety, Global Freight

Australia Cyberattack Leaves 30,000 Containers Stuck at Ports

DP World Plc is struggling to work through a backlog of 30,000 shipping containers piled up at ports across Australia as the company resumes operations after a cyberattack.

Angus Whitley and Lynn Doan | Bloomberg News
November 13, 2023
Business, Logistics, Global Freight

Container Shipping Set for Downturn, Hapag-Lloyd Chief Says

The container shipping industry faces a few years of headwinds as low freight rates and widening geopolitical turmoil cloud the outlook, according to Hapag-Lloyd AG CEO Rolf Habben Jansen.

Brendan Murray | Bloomberg News
November 9, 2023
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