2018 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
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Up Front
Here’s how rail intermodal projects are boosting development in cities across America.
This year, the world’s biggest freight carriers all got a little bigger as demand for transportation surged.
Several of the most daring and promising concepts for the future of transportation.
Rankings
Rank This Year Rank Last Yearsort descending Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
49 - Wallenius Wilhelmsen Group Norway $2,404 $3,024 79.5%
50 - Kazakhstan Temir Zholy Kazakhstan $2,349 $2,785 84.3%
1 1 FedEx Logistics United States $57,198 $62,335 91.8%
2 2 UPS Inc. United States $57,100 $65,872 86.7%
3 3 China Railway Corp. China $39,395 $150,274 26.2%
4 4 The Maersk Group Denmark $29,096 $30,945 94%
5 5 Russian Railways Russia $26,285 $38,594 68.1%
6 6 Deutsche Post DHL Group Germany $21,915 $68,271 32.1%
8 7 Union Pacific Corp. United States $21,240 $21,240 100%
10 8 BNSF Railway United States $20,406 $21,387 95.4%
7 9 Mediterranean Shipping Co. Switzerland $21,428 $21,428 100%
9 10 CMA CGM Group France $21,116 $21,116 100%
11 11 Indian Railways India $17,948 $25,311 64.8%
13 12 NYK Group Japan $13,869 $19,903 69.7%
12 13 Mitsui O.S.K. Lines Japan $13,958 $14,830 94.1%
15 14 Deutsche Bahn AG Germany $12,578 $48,234 26.1%
17 15 Hapag-Lloyd AG Germany $11,264 $11,264 100%
18 16 Yamato Holdings Japan $11,190 $15,459 72%
16 17 CSX Corp. United States $11,408 $11,408 100%
14 18 COSCO Shipping Holdings Co. China $13,378 $13,378 100%
19 19 Norfolk Southern Corp. United States $10,551 $10,551 100%
21 20 Kawasaki Kisen Kaisha Ltd. Japan $10,166 $10,166 100%
22 21 Canadian National Railway Canada $9,766 $10,054 97%
20 22 SF Express China $10,522 $10,522 100%
23 23 XPO Logistics United States $7,516 $15,381 48.9%
25 24 SG Holdings Japan $7,302 $9,003 81.1%
24 25 GeoPost Group France $7,350 $7,699 95.5%
26 27 J.B. Hunt Transport Services United States $6,181 $7,190 86%
27 28 Orient Overseas (International) Ltd. Hong Kong $6,108 $6,108 100%
29 29 YRC Worldwide United States $4,891 $4,891 100%
28 30 Canadian Pacific Railway Canada $4,915 $5,053 97.3%
32 31 Hyundai Merchant Marine Co. South Korea $4,438 $4,438 100%
30 32 Knight-Swift Transportation United States $4,634 $5,186 89.4%
33 33 Yang Ming Marine Transport Corp. Taiwan $4,303 $4,303 100%
34 34 Transnet Group South Africa $3,775 $4,918 76.8%
31 35 Evergreen Marine Corp. Taiwan $4,444 $4,947 88.9%
35 36 Schneider United States $3,647 $4,384 83.2%
39 37 Nippon Express Japan $3,117 $17,798 17.5%
38 38 Old Dominion Freight Line United States $3,358 $3,358 100%
44 38 Pacific International Lines Singapore $2,616 $3,798 68.9%
37 39 Emirates Group United Arab Emirates $3,386 $24,831 13.6%
36 40 TFI International Canada $3,460 $3,655 94.7%
41 41 Toll Group Australia $3,023 $6,282 48.1%
48 42 Aurizon Australia $2,409 $2,409 100%
40 43 Cathay Pacific Airways Hong Kong $3,067 $12,483 24.6%
42 44 ZIM Integrated Shipping Services Israel $2,978 $2,978 100%
45 45 Kansas City Southern United States $2,583 $2,583 100%
43 46 Lufthansa Group Germany $2,851 $40,186 7.1%
46 48 Estes Express Lines United States $2,476 $2,746 90.2%
47 50 Korean Air South Korea $2,473 $10,387 23.8%
About the Rankings...
Extras
A look at what logistics companies can do to compete in the age of Amazon.
An increase in global shipping volume is adding urgency to efforts to optimize cargo handling.
Railroads push to boost earnings while trying to accommodate an increase in demand for intermodal shipping.
Find out where the Top Global Freight Carriers are around the world.
Learn more about Transport Topics' Top 50 Global Freight Carriers Publication
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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.

Thomas Black and Dina Bass | Bloomberg News
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 | Associate News Editor
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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