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.

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
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
Business, Logistics, For-Hire, Global Freight

FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective

FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.

Thomas Black | Bloomberg News
March 17, 2023
Government, Business, Logistics, Global Freight

Global Supply Chains Back to Normal, N.Y. Fed Says

Global supply chains have returned to normal, the Federal Reserve Bank of New York said, almost three years after COVID-19 was declared a pandemic.

Brendan Murray | Bloomberg News
March 6, 2023
Business, Logistics, Global Freight

French Shipping Giant CMA CGM Warns Demand Is Falling

French shipping giant CMA CGM SA warned of a steep drop in demand so far this year, extending a slump that led to a more than halving of quarterly profit.

Tara Patel | Bloomberg News
March 6, 2023
Government, Business, Technology, Logistics, Global Freight

Supply Chain Envoy Says Automating Ports Doesn’t Have to Cost Jobs

The White House’s supply chain envoy said the ports and logistics industry must move toward automation, a sticking point in protracted contract talks between U.S. West Coast dockworkers and their employers.

Laura Curtis | Bloomberg News
March 1, 2023
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