Despite pandemic challenges, the companies ranked on the Transport Topics 2020 Top 50 Global Freight Carriers list have adjusted their operations to keep pace with ever-changing market conditions.
November 23, 20202017 Top 50 Global Freight Carriers

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

Extras
Top 50 News
DHL Unveils Four Electric Tractor-Trailers
DHL furthered its green efforts with the launch of a new fleet of electric tractor-trailer vehicles, the company announced Nov. 17.
November 18, 2020Map: Where They Are
View a world map that pinpoints the geographical breakdown by country for the 2020 Top 50 Global Freight Carriers.
November 14, 2020Ports See Huge Volume Swings in 2020
Amid these dramatic swings in demand, ports have continued to pursue infrastructure improvement projects.
November 13, 2020North America’s Busiest Cargo Airports
While it remains to be seen how the pandemic might shift air freight patterns over the long term, this listing of the 100 busiest cargo airports in North America provides an overview of the most important hubs for air freight.
November 13, 2020USMCA Bodes Well for Cross-Border Freight
Both the improved trade activity and a promising future for the USMCA are favorable developments for trucking because 80% of cross-border trade moves via truck.
November 13, 2020Global Trade Recovering Amid Pandemic
Freight carriers across the world experienced dramatic market shifts and volume swings in 2020.
November 13, 2020Food Retail Carriers Anticipate High-Demand Holiday Season
The food retail sector and fleets that support it are headed for a particularly busy holiday season, experts say.
November 12, 2020XPO Posts Revenue Increase, Net Income Decrease in Q3
XPO Logistics Inc. saw revenue tick up and net income dip in the third quarter, and the company said business activity has bounced back from earlier downturns.
November 5, 2020Ryder Looks to Advance Tech With Venture Capital Fund
Ryder System Inc. is working to advance its technology and forge new partnerships with the launch of its corporate venture capital fund, the company detailed Nov. 2.
November 4, 2020