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 Yearsort descending Rank Last Year Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
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%
7 9 Mediterranean Shipping Co. Switzerland $21,428 $21,428 100%
8 7 Union Pacific Corp. United States $21,240 $21,240 100%
9 10 CMA CGM Group France $21,116 $21,116 100%
10 8 BNSF Railway United States $20,406 $21,387 95.4%
11 11 Indian Railways India $17,948 $25,311 64.8%
12 13 Mitsui O.S.K. Lines Japan $13,958 $14,830 94.1%
13 12 NYK Group Japan $13,869 $19,903 69.7%
14 18 COSCO Shipping Holdings Co. China $13,378 $13,378 100%
15 14 Deutsche Bahn AG Germany $12,578 $48,234 26.1%
16 17 CSX Corp. United States $11,408 $11,408 100%
17 15 Hapag-Lloyd AG Germany $11,264 $11,264 100%
18 16 Yamato Holdings Japan $11,190 $15,459 72%
19 19 Norfolk Southern Corp. United States $10,551 $10,551 100%
20 22 SF Express China $10,522 $10,522 100%
21 20 Kawasaki Kisen Kaisha Ltd. Japan $10,166 $10,166 100%
22 21 Canadian National Railway Canada $9,766 $10,054 97%
23 23 XPO Logistics United States $7,516 $15,381 48.9%
24 25 GeoPost Group France $7,350 $7,699 95.5%
25 24 SG Holdings Japan $7,302 $9,003 81.1%
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%
28 30 Canadian Pacific Railway Canada $4,915 $5,053 97.3%
29 29 YRC Worldwide United States $4,891 $4,891 100%
30 32 Knight-Swift Transportation United States $4,634 $5,186 89.4%
31 35 Evergreen Marine Corp. Taiwan $4,444 $4,947 88.9%
32 31 Hyundai Merchant Marine Co. South Korea $4,438 $4,438 100%
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%
35 36 Schneider United States $3,647 $4,384 83.2%
36 40 TFI International Canada $3,460 $3,655 94.7%
37 39 Emirates Group United Arab Emirates $3,386 $24,831 13.6%
38 38 Old Dominion Freight Line Inc. United States $3,358 $3,358 100%
39 37 Nippon Express Japan $3,117 $17,798 17.5%
40 43 Cathay Pacific Airways Hong Kong $3,067 $12,483 24.6%
41 41 Toll Group Australia $3,023 $6,282 48.1%
42 44 ZIM Integrated Shipping Services Israel $2,978 $2,978 100%
43 46 Lufthansa Group Germany $2,851 $40,186 7.1%
44 38 Pacific International Lines Singapore $2,616 $3,798 68.9%
45 45 Kansas City Southern United States $2,583 $2,583 100%
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%
48 42 Aurizon Australia $2,409 $2,409 100%
49 - Wallenius Wilhelmsen Group Norway $2,404 $3,024 79.5%
50 - Kazakhstan Temir Zholy Kazakhstan $2,349 $2,785 84.3%
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

Investment in Technology, Innovation Is Changing Business of Logistics

Logistics

The combination of technology and innovation is changing the business of transportation and logistics in ways that are both potentially disruptive and critical to improving existing processes. And the changes are coming from inside and outside of the industry.

Daniel P. Bearth | Staff Writer
April 3, 2018
Business, Logistics, Top 100, Top 50

Ryder Acquires Last-Mile Delivery Carrier MXD Group

Ryder System Inc. is acquiring all of the outstanding equity of MXD Group, an e-commerce fulfillment provider, with its North American network of facilities, including last-mile capabilities.

April 3, 2018
Business, Logistics, Top 100, Top 50

UPS Pilots Complain About Shortage of Airplanes

UPS Inc. already was in trouble with Wall Street over a long-term investment plan to cope with soaring e-commerce. Now the company is clashing with its pilots union because of a short-term fix for the same challenge.

Michael Sasso | Bloomberg News
April 2, 2018
Government, Business, Logistics, TCA, Top 100, Top 50

UPS Begins Regular Cargo Flights Out of San Bernardino Airport

UPS Inc. has started operating five cargo flights a week out of San Bernardino International Airport, officials announced March 26.

Brian Whitehead | San Bernardino County (Calif.) Sun
March 28, 2018
Business, Logistics, Top 50

Logistics Revenues Due to Go Up in Quarterly Reports, but Margins Still Drag Down Profits

Third-party logistics firms capitalized on stronger demand to transport freight this summer but spent more to purchase trucks, resulting in what Wall Street analysts predict will be a mixed-earnings season.

Ari Ashe | Staff Reporter
October 11, 2017
Business, Logistics, Top 50

Universal Expects Growth in Operating Income, EPS for First Time Since 2015

Universal Logistics Holdings Inc. expects revenue to grow about 10% in the third quarter when earnings are released after the market closes Oct. 26.

Ari Ashe | Staff Reporter
October 6, 2017
Business, Logistics, Top 50

Cardinal Logistics to Lay Off 69 Employees in Virginia on Dec. 2

Cardinal Logistics Management Corp. will lay off 69 employees in Salem, Va., on Dec. 2 because of the “unexpected termination of a major business contract,” according to a filing with the state. Most of the 69 are truck drivers.

October 6, 2017
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North American Ports

Port of Los Angeles

A working group tasked with setting standards on port performance has not convened once in 2017 after business leaders and unions battled over whether to include metrics such as truck turn times and chassis availability in the U.S. Department of Transportation’s first annual report to Congress.

Ari Ashe | Staff Reporter
September 11, 2017
Top 50

Focus on Air Cargo

FedEx cargo plane

A look at revenue generated by the world’s largest freight carriers shows a mixed picture. Check out our 2017 Transport Topics Top 50 Global Freight Carriers list.

September 11, 2017
Top 50

Map: Where They Are

Find out where the Top Global Freight Carriers are around the world.

September 11, 2017

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