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%
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%
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%
32 40 Emirates Group UAE $4,657 $8,230 56.6%
49 - Turkish Airlines Turkey $2,722 $6,734 40.4%
48 - Wan Hai Lines Taiwan $2,779 $2,779 100.0%
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%
5 8 Mediterranean Shipping Co Switzerland $29,995 $29,995 100.0%
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%
47 34 Transnet Group South Africa $2,995 $3,770 79.5%
10 6 Russian Railways Russia $21,649 $30,261 71.5%
31 48 Qatar Airways Qatar $5,071 $8,062 62.9%
30 35 General Logistics Systems (Royal Mail) Netherlands $5,183 $5,183 100.0%
44 - Cargolux Luxembourg $3,171 $3,171 100.0%
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%
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%
37 39 ZIM Integrated Shipping Services Israel $3,992 $3,992 100.0%
13 12 Indian Railways India $15,740 $18,618 84.5%
39 41 Cathay Pacific Airways Hong Kong $3,596 $6,051 59.4%
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%
6 7 Deutsche Post DHL Germany $26,779 $76,191 35.1%
16 23 GeoPost Group France $12,460 $12,460 100.0%
8 5 CMA CGM France $24,230 $31,580 76.7%
4 4 Maersk Denmark $35,718 $39,740 89.9%
9 13 SF Express China $22,317 $22,317 100.0%
3 3 China State Railway Group China $46,357 $164,346 28.2%
7 10 Cosco Shipping China $24,820 $24,820 100.0%
40 37 TFI International Canada $3,542 $3,782 93.6%
19 19 Canadian National Canada $10,060 $10,307 97.6%
28 27 Canadian Pacific Railway Canada $5,624 $5,750 97.8%
41 44 Toll Group (Japan Post) Australia $3,503 $7,112 49.3%
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, Logistics, Global Freight, TCA

Germany’s Deutsche Post DHL Group Changes Name to DHL Group

BONN, Germany — German multinational package delivery and logistics company Deutsche Post DHL Group said June 19 that it is changing its name to DHL Group as of the beginning of July.

dpa | Hamburg, Germany
June 20, 2023
Business, Logistics, Global Freight, TCA

Global Shipping Company ZIM Relocates US Headquarters

ZIM American Integrated Shipping Services, a global container shipping company, is set to relocate its U.S. headquarters from Norfolk, Va., to Virginia Beach.

Gabby Jimenez | The Virginian-Pilot
June 20, 2023
Government, Business, Logistics, Global Freight, TCA

Chicago Suburbs Appeal Federal Approval of CPKC Rail Merger

A group of suburban Chicago communities is appealing the federal approval of the Canadian Pacific-Kansas City Southern merger that is expected to bring more freight trains to the area.

Sarah Freishtat | Chicago Tribune
May 12, 2023
Business, Equipment, Logistics, Global Freight

California’s Port Dominance Is Slipping as Cargo Shifts East

The pandemic’s cargo crush pushed the Los Angeles and Long Beach complex close to the breaking point, allowing ports from New York-New Jersey to Houston to grow their market share.

Laura Curtis | Bloomberg News
May 8, 2023
Government, Business, Logistics, Global Freight

Engineers Frustrated With Railroad Sick Time Policies

OMAHA, Neb. — Tens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations.

Josh Funk | Associated Press
May 8, 2023
Business, Logistics, Global Freight

Maersk Profits Slip in Q1, Forecasts Weak 2023

A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.

Christian Wienberg | Bloomberg News
May 4, 2023
Business, Technology, Equipment, Fuel, Logistics, Global Freight

DHL Plans Third Air Cargo Hub in California

Greg Hewitt, CEO of DHL Express U.S., says company leadership is doubling down on its GoGreen Plus program, with a goal of being a net-zero emissions company by 2050.

Dan Ronan | Senior Reporter
May 1, 2023
Business, Technology, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Logistics, Global Freight

Nippon Express in Talks to Buy Logistics Firm Cargo-Partner

Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.

April 18, 2023
Business, Technology, Equipment, Safety, Logistics, Global Freight

CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

Tara Patel | Bloomberg News
April 18, 2023
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