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 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.

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

Global Freight News
Business, Technology, Autonomous, Private, Global Freight

Investors Flee Tumbling EV Upstarts

Investors have all but thrown in the towel on shares of EV startups Rivian Automotive and Lucid Group. 

Esha Day | Bloomberg News
February 26, 2024
Business, Logistics, Global Freight, TCA

Southwest Airlines Ground Workers Reach Deal for Pay Bump

Southwest Airlines has reached a contract with its ramp, operations, provisioning and freight agents that’ll give workers an average pay increase of over 18%.

Alexandra Skores | The Dallas Morning News
February 23, 2024
Business, Logistics, Global Freight

Shipping Giant CMA CGM Posts Loss as Red Sea Conflict Rages

CMA CGM SA posted its first quarterly loss in four years as the shipping industry struggles with the conflict in the Red Sea and the specter of overcapacity.

Tara Patel | Bloomberg News
February 23, 2024
Business, Logistics, Global Freight, TCA

Port of Mobile to Build Container Facility in North Alabama

The Alabama Port Authority and CSX Transportation announced that Decatur, Ala., will be home to a new intermodal container transfer facility to connect north Alabama to the Port of Mobile.

David Gambino | The Decatur Daily, Ala.
February 8, 2024
Government, Business, Safety, Global Freight

Maersk Warns of Slowdown Once Freight Boost Fades

A.P. Moller-Maersk A/S shares plunged after the company said it expects renewed gloom in the industry this year when the current boost to freight rates from the Red Sea conflict evaporates.

February 8, 2024
Business, Technology, Logistics, Autonomous, Global Freight, TCA

Cincinnati Airport Deploys Autonomous Baggage Handling EVs

Cincinnati/Northern Kentucky International Airport is using devices known as Auto-DollyTugs, electric autonomous vehicles complete with “robotic arms,” to handle baggage and cargo.

Skip Descant | Government Technology
February 6, 2024
Business, Technology, Logistics, Global Freight

Amazon Beats Revenue and Profit Expectations for Q4

Amazon on Feb. 1 reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season.

Haleluya Hadero | Associated Press
February 2, 2024
Business, Logistics, Global Freight, TCA

Container Boom Leads to Q4 Earnings Dip at Hapag-Lloyd

HAMBURG, Germany — The sharp drop in freight prices following the pandemic has caused a slump in sales and profits at German container shipping company Hapag-Lloyd.

dpa | Hamburg, Germany
January 31, 2024
Business, Logistics, Global Freight

Georgia Ports Handled Record Number of Automobiles in 2023

SAVANNAH, Ga. — The Georgia Ports Authority said that it moved a record number of automobiles across its docks in Brunswick in 2023, while goods sent to Savannah in containers declined 16%.

Russ Bynum | Associated Press
January 30, 2024
Government, Business, Technology, Equipment, Logistics, Global Freight

Freight Elite Struggle to Hit Climate Goals as Demand Surges

Although there are signs of progress, the largest delivery companies have scaled back climate pledges and the industry isn’t keeping pace with climbing emissions from a global demand surge.

Ben Elgin | Bloomberg News
January 30, 2024
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