2017 Top 50 Global Freight Carriers

2017 Essential Financial and Operating Information for the 50 largest Global Freight Carriers
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Rankings
Rank This Yearsort ascending Rank Last Year Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
50 49 Korean Air South Korea $2,107 $9,918 21.2%
49 - Ukrainian Railways Ukraine $2,131 $2,605 81.8%
48 - Estes Express Lines United States $2,155 $2,397 89.9%
47 38 Pacific International Lines Singapore $2,194 $3,184 68.9%
46 48 Lufthansa Group Germany $2,307 $35,043 6.6%
45 - Kansas City Southern United States $2,334 $2,334 100.0%
44 42 ZIM Integrated Shipping Services Israel $2,540 $2,540 100.0%
43 43 Cathay Pacific Airways Hong Kong $2,584 $11,946 21.6%
42 47 Aurizon Australia $2,588 $2,588 100.0%
41 39 Toll Group Australia $2,838 $5,898 48.1%
40 41 TFI International Canada $2,857 $2,994 95.4%
39 40 Emirates Group United Arab Emirates $2,884 $22,799 12.6%
38 44 Old Dominion Freight Line United States $2,992 $2,992 100.0%
37 46 Nippon Express Japan $2,993 $17,092 18.3%
36 37 Schneider United States $3,383 $4,046 83.6%
35 35 Evergreen Marine Corp. Taiwan $3,412 $3,836 88.9%
34 36 Transnet Group South Africa $3,426 $4,464 76.8%
33 33 Yang Ming Marine Transport Corp. Taiwan $3,579 $3,579 100.0%
32 34 Swift Transportation United States $3,721 $4,032 92.3%
31 31 Hyundai Merchant Marine Co. South Korea $3,749 $3,749 100.0%
30 29 Canadian Pacific Railway Canada $4,508 $4,636 97.2%
29 32 Yellow Corp. United States $4,698 $4,698 100.0%
28 27 Orient Overseas International Hong Kong $5,298 $5,298 100.0%
27 28 J.B. Hunt Transport Services United States $5,717 $6,555 87.2%
26 24 Hamburg Süd Group Germany $6,234 $6,234 100.0%
25 26 GeoPost Group France $6,583 $6,825 96.5%
24 25 SG Holdings Group Japan $7,142 $8,858 80.6%
23 30 XPO Logistics United States $7,388 $14,619 50.5%
22 22 SF Express China $8,585 $8,585 100.0%
21 21 Canadian National Railway Canada $8,689 $8,953 97.0%
20 18 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $9,465 $9,465 100.0%
19 19 Norfolk Southern Corp. United States $9,888 $9,888 100.0%
18 12 China COSCO Shipping Corp. China $10,518 $10,518 100.0%
17 17 CSX Corp. United States $11,069 $11,069 100.0%
16 20 Yamato Group Japan $11,136 $16,881 66.0%
15 15 Hapag-Lloyd AG Germany $11,662 $11,662 100.0%
14 16 Deutsche Bahn AG Germany $12,085 $44,912 26.9%
13 14 Mitsui O.S.K Lines Japan $12,731 $13,607 93.6%
12 13 NYK Group Japan $12,789 $18,395 69.5%
11 11 Indian Railways India $15,929 $24,574 64.8%
10 7 CMA CGM Group France $15,977 $15,977 100.0%
9 10 Mediterranean Shipping Co. Switzerland $17,675 $17,675 100.0%
8 8 BNSF Railway United States $18,921 $19,829 95.4%
7 5 Union Pacific Corp. United States $19,941 $19,941 100.0%
6 9 Deutsche Post DHL Group Germany $20,260 $63,460 31.9%
5 6 Russian Railways Russia $20,863 $31,957 65.3%
4 4 Maersk Denmark $26,410 $36,408 72.5%
3 3 China Railway Corp. China $32,445 $136,680 23.7%
2 2 UPS Inc. United States $53,387 $60,906 87.7%
1 1 FedEx Corp. United States $55,684 $60,319 93.3%
About the Rankings...
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Top 50 News
Business, Technology, Logistics, Top 50, Top 100

FedEx, Microsoft Join Forces for Package Shipping

FedEx and Microsoft are teaming up to provide early warnings of delays for shipping customers.

FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping customers with early warnings of delays from weather, traffic and other mishaps, giving the courier and the software maker another weapon as each competes with Amazon .com Inc.

May 18, 2020
Government, Business, Logistics, Top 50, Top 100, TCA

UPS Adds Indiana Airport to Cargo Network

A delivery van passes in front of a cargo jet parked on the tarmac at a UPS Worldport facility in Louisville, Ky., on Jan. 28.

The Gary/Chicago International Airport Authority on May 13 approved a long-term lease and easement access agreement with UPS Inc. that will allow the company to begin express air shipment operations later this year.

Andrew Steele | The Times (Munster, Ind.)
May 14, 2020
Business, Logistics, Top 50

Container Shipper Maersk Warns of 25% Volume Slump

Shipping containers are unloaded from a Maersk cargo ship at the Port of Los Angeles in May 2019.

The world’s largest container line is bracing for a historic slump in demand after emergency lockdowns across the globe left international trade in tatters.

Christian Wienberg | Bloomberg News
May 13, 2020
Business, Top 50, Top 100

XPO’s Brad Jacobs Says Company Open to Future Acquisitions

XPO

With at least $2 billion in cash, and $500 million in credit available, XPO Logistics Chairman and CEO Brad Jacobs says he would consider an acquisition if the company was a good fit.

Dan Ronan | Senior Reporter
May 12, 2020
Business, Logistics, Top 50

Expeditors Sees Profit, Revenue Fall in Q1; Workforce Remains Intact

Expeditors sign

Global disruptions created by the coronavirus pandemic depressed profits and revenue at Expeditors International in the first quarter.

Jerry Hirsch | Contributing Writer
May 8, 2020
Government, Business, Logistics, Top 50, Top 100

Former XPO Executive to Become Next Postmaster General

Louis DeJoy, a former XPO executive, will be the next postmaster general.

A Republican fundraiser and political donor from North Carolina who also worked as an executive at XPO Logistics will be the next postmaster general.

May 7, 2020
Business, Safety, Logistics, Top 50, Top 100, TCA

5-Year-Old’s ‘Refreshment Stop’ Shows Appreciation for FedEx, UPS Drivers

Jack Mahar, 5, set up a free refreshment stop for delivery drivers

A New York kindergartener who loves delivery trucks is thanking FedEx, UPS and other drivers during the coronavirus pandemic in his own special way, with a 'refreshment stop' of complimentary snacks and drinks that he has set up at the end of his driveway for these essential workers.

Kristi Gustafson Barlette | Times Union, Albany, N.Y.
May 5, 2020
Business, Logistics, Top 50, Top 100

XPO Profits, Revenue Fall in Q1

XPO Logistics truck

First-quarter profits and revenue at XPO Logistics Inc. declined as the effects of the coronavirus pandemic took a toll on the less-than-truckload carrier and logistics company in March.

Jerry Hirsch | Contributing Writer
May 5, 2020
Business, Logistics, Top 50, Top 100, TCA

XPO to Cease Operations at Pennsylvania Warehouse

An XPO Logistics truck

XPO Logistics will cease operations at its warehouse in Bethel Township, Pa., this month, according to a notice it filed March 11 with the Pennsylvania Department of Labor & Industry.

Daniel Urie | The Patriot-News (Harrisburg, Pa.)
May 4, 2020
Business, Top 50, Top 100

Hub Group Posts Dips in Revenue, Net Income in First Quarter

Hub Group

Hub Group reported double-digit declines in profits and revenue during the first quarter as it saw a drop in intermodal revenue and a decrease in its truck brokerage business.

Jerry Hirsch | Contributing Writer
May 4, 2020

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