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

Norfolk Southern Piloting Anonymous Employee Safety Hotline

OMAHA, Neb. — About 1,000 engineers and conductors who work for Norfolk Southern soon will be able to report safety concerns anonymously through a federal system without fear of discipline.

Josh Funk | Associated Press
January 30, 2024
Business, Fuel, Global Freight

Maersk Unveils World’s Biggest Methanol-Powered Containership

A.P. Moller-Maersk A/S’s newest methanol-powered vessel will soon set sail from South Korea as the shipper seeks to reduce emissions in one of the world’s most-polluting industries.

Heejin Kim | Bloomberg News
January 26, 2024
Business, Safety, Logistics, Global Freight

Union Pacific Profit Up 1% in Q4 as Deliveries Rise

OMAHA, Neb. — Union Pacific’s fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles.

Josh Funk | Associated Press
January 25, 2024
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