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

CSX Q3 Profit Up 15% as Railroad Hauls 2% More Freight

CSX Corp. delivered 15% more profit in the third quarter as it handled 2% more freight and worked to eliminate the delays shippers have been complaining about for months.

Josh Funk | Associated Press
October 21, 2022
Business, Equipment, Global Freight, TCA

UPS Aircraft Mechanics Ratify Labor Contract

Aircraft mechanics at UPS Inc. voted to ratify a labor contract extension that will give them a 3.3% hike in pay annually for three years, the International Brotherhood of Teamsters union announced Oct. 18.

Kelly Yamanouchi | The Atlanta Journal-Constitution
October 19, 2022
Business, Safety, Global Freight, TCA

California Ports Reveal Surge in Harmful Emissions in 2021

California port officials announced an unprecedented increase in harmful emissions last year. Although the increase in pollution was substantial, officials said emissions are still much lower than levels in the mid-2000s.

Tony Briscoe | Chicago Tribune
October 18, 2022
Government, Technology, Logistics, Global Freight, TCA

Truckers Win Over BNSF in Case Regarding Illinois Biometrics Law

In what is believed to be the first jury verdict related to Illinois’ strict biometrics privacy law, a $228 million judgment has been entered against BNSF Railway in a class-action lawsuit over the railroad’s collection of fingerprint data.

Sarah Freishtat | Chicago Tribune
October 17, 2022
Business, Technology, Equipment, Fuel, Logistics, Global Freight

Maersk Expands Green Fleet With $1 Billion Order for Vessels

A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, ordered six large containerships that can sail on green methanol as part of the transport giant’s plan to become carbon neutral.

Christian Wienberg | Bloomberg News
October 5, 2022
Business, Logistics, Global Freight

MSC Launches Air Cargo Business

Mediterranean Shipping Co., the world’s largest container line, will expand into air cargo using four leased Boeing Co. wide-body freighters after missing out in a bid for Italy’s flag-carrier airline.

Bryce Baschuk | Bloomberg News
September 27, 2022
Business, Logistics, Global Freight

Shipping Container Lines Set to Smash Year-Old Profit Record

The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labor strains that are squeezing capacity amid sustained U.S. demand for imports.

Brendan Murray | Bloomberg News
August 9, 2022
Business, Technology, Fuel, Logistics, Global Freight

HMM to Continue Deploying More Ships as Port Congestion Persists

HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s exporters struggling to transport goods overseas.

Kyunghee Park | Bloomberg News
May 10, 2022
Government, Business, Logistics, Global Freight

Labor Leaders Optimistic Over Port Contract Talks

With negotiations expected to begin soon between the 22,000-member International Longshore and Warehouse Union and the Pacific Maritime Association, ILWU leaders are expressing confidence that the two sides will reach an agreement — without an interruption in work — before the June 30 deadline for the current contract expiration.

Dan Ronan | Senior Reporter
April 13, 2022
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