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, Logistics, Top 50, Top 100

Universal Logistics Reports Best-Ever 3Q Results

Universal Logistics Holdings truck

Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.

Daniel P. Bearth | Staff Writer
October 25, 2018
Government, Business, Technology, Fuel, Logistics, Top 50, Top 100

UPS, Seattle to Launch eBike Downtown Delivery Program

UPS eBike in Seattle

UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.

Dan Ronan | Associate News Editor
October 25, 2018
Business, Top 50

Echo Global Logistics Posts Record Revenue for Sixth Straight Quarter

Echo Global Logistics

Echo Global Logistics reported another record quarter for revenue and boosted its guidance for the year as demand for the company’s technology and transportation management services remains robust.

Transport Topics
October 24, 2018
Business, Top 50

DSV Ends Bid to Acquire Ceva Logistics

DSV Truck

DSV A/S, the world’s fifth-largest freight forwarder, walked away from Ceva Logistics AG after failing in its latest attempt to buy the Swiss company, which says it needed more time to review the offer.

Christian Wienberg and Albertina Torsoli | Bloomberg News
October 24, 2018
Business, Logistics, Top 50, Top 100

UPS Reports Strong Revenue Growth, Higher Profits in 3Q

UPS building and truck

UPS Inc. reported strong revenue growth and higher profits in the third quarter, despite international headwinds from currency valuations, rising fuel costs and ongoing investment in transformation initiatives.

Daniel P. Bearth | Staff Writer
October 24, 2018
Business, Logistics, Top 50

AIT Worldwide Logistics Acquires WorldFresh Express

AIT Worldwide Logistics acquired WorldFresh Express, a Los Angeles-based freight forwarder that handles perishable food products, in a deal completed Oct. 17.

Transport Topics
October 19, 2018
Business, Logistics, Top 50

Beauty Retailer Feelunique, Seko Logistics Partner on Hong Kong Hub

Seko Logistics logo

Feelunique, a European online beauty retailer, has partnered with Seko Logistics to open a distribution hub in Hong Kong.

Transport Topics
October 18, 2018
Government, Business, Logistics, Top 50, Top 100

Amazon, FedEx, UPS Could Gain from Trump Threat to Leave Postal Union

Package warehouse

U.S. e-commerce companies including Amazon.com and shippers such as FedEx Corp. and UPS Inc. stand to gain from the Trump administration’s move Oct. 17 to withdraw from an international postal agreement.

Cheryl Bolen | Bloomberg News
October 18, 2018
Business, Top 50, Top 100

J.B. Hunt Revenue Soars, but Profits Lag in Third Quarter

J.B. Hunt

J.B. Hunt Transport Services reported a big bump in revenue in the third quarter as higher rates boosted the top line for each of its four freight segments. Profits, however, did not keep pace as the company dealt with outstanding legal issues and absorbed start-up costs for several new large dedicated hauling contracts.

Daniel P. Bearth | Staff Writer
October 16, 2018
Business, Technology, Logistics, Autonomous, Top 50

XPO Logistics to Use 5,000 Robots in Warehouses

XPO robotics in warehouse

XPO Logistics said it plans to deploy 5,000 robots to work with humans in the company’s warehouses and distribution centers in North America, the United Kingdom and eight countries in Europe.

Daniel P. Bearth | Staff Writer
October 9, 2018

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