Logistics company GlobalTranz Enterprises Inc. announced the acquisition of Chicago-based Global Freight Solutions, a freight brokerage and logistics company.
October 18, 2019
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 Year |
Company |
Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
|---|---|---|---|---|---|---|
| 2 | 2 | UPS Inc. | United States | $57,100 | $65,872 | 86.7% |
| 29 | 29 | YRC Worldwide | United States | $4,891 | $4,891 | 100% |
| 36 | 40 | TFI International | Canada | $3,460 | $3,655 | 94.7% |
| 38 | 38 | Old Dominion Freight Line Inc. | United States | $3,358 | $3,358 | 100% |
| 23 | 23 | XPO Logistics | United States | $7,516 | $15,381 | 48.9% |
| 46 | 48 | Estes Express Lines | United States | $2,476 | $2,746 | 90.2% |
| 3 | 3 | China Railway Corp. | China | $39,395 | $150,274 | 26.2% |
| 4 | 4 | The Maersk Group | Denmark | $29,096 | $30,945 | 94% |
| 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% |
| 6 | 6 | Deutsche Post DHL Group | Germany | $21,915 | $68,271 | 32.1% |
| 11 | 11 | Indian Railways | India | $17,948 | $25,311 | 64.8% |
| 13 | 12 | NYK Group | Japan | $13,869 | $19,903 | 69.7% |
| 15 | 14 | Deutsche Bahn AG | Germany | $12,578 | $48,234 | 26.1% |
| 16 | 17 | CSX Corp. | United States | $11,408 | $11,408 | 100% |
| 21 | 20 | Kawasaki Kisen Kaisha Ltd. | Japan | $10,166 | $10,166 | 100% |
| 19 | 19 | Norfolk Southern Corp. | United States | $10,551 | $10,551 | 100% |
| 22 | 21 | Canadian National Railway | Canada | $9,766 | $10,054 | 97% |
| 17 | 15 | Hapag-Lloyd AG | Germany | $11,264 | $11,264 | 100% |
| 27 | 28 | Orient Overseas (International) Ltd. | Hong Kong | $6,108 | $6,108 | 100% |
| 20 | 22 | SF Express | China | $10,522 | $10,522 | 100% |
| 24 | 25 | GeoPost Group | France | $7,350 | $7,699 | 95.5% |
| 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% |
| 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% |
| 50 | - | Kazakhstan Temir Zholy | Kazakhstan | $2,349 | $2,785 | 84.3% |
| 41 | 41 | Toll Group | Australia | $3,023 | $6,282 | 48.1% |
| 48 | 42 | Aurizon | Australia | $2,409 | $2,409 | 100% |
| 42 | 44 | ZIM Integrated Shipping Services | Israel | $2,978 | $2,978 | 100% |
| 37 | 39 | Emirates Group | United Arab Emirates | $3,386 | $24,831 | 13.6% |
| 40 | 43 | Cathay Pacific Airways | Hong Kong | $3,067 | $12,483 | 24.6% |
| 43 | 46 | Lufthansa Group | Germany | $2,851 | $40,186 | 7.1% |
| 39 | 37 | Nippon Express | Japan | $3,117 | $17,798 | 17.5% |
| 26 | 27 | J.B. Hunt Transport Services | United States | $6,181 | $7,190 | 86% |
| 5 | 5 | Russian Railways | Russia | $26,285 | $38,594 | 68.1% |
| 9 | 10 | CMA CGM Group | France | $21,116 | $21,116 | 100% |
| 44 | 38 | Pacific International Lines | Singapore | $2,616 | $3,798 | 68.9% |
| 47 | 50 | Korean Air | South Korea | $2,473 | $10,387 | 23.8% |
| 1 | 1 | FedEx Logistics | United States | $57,198 | $62,335 | 91.8% |
| 35 | 36 | Schneider | United States | $3,647 | $4,384 | 83.2% |
| 45 | 45 | Kansas City Southern | United States | $2,583 | $2,583 | 100% |
| 30 | 32 | Knight-Swift Transportation | United States | $4,634 | $5,186 | 89.4% |
| 12 | 13 | Mitsui O.S.K. Lines | Japan | $13,958 | $14,830 | 94.1% |
| 14 | 18 | COSCO Shipping Holdings Co. | China | $13,378 | $13,378 | 100% |
| 18 | 16 | Yamato Holdings | Japan | $11,190 | $15,459 | 72% |
| 25 | 24 | SG Holdings | Japan | $7,302 | $9,003 | 81.1% |
| 49 | - | Wallenius Wilhelmsen Group | Norway | $2,404 | $3,024 | 79.5% |
About the Rankings...
Extras
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.
Learn more about Transport Topics' Top 50 Global Freight Carriers Publication
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Top 50 News
Business, Top 50, Top 100
J.B. Hunt’s Net Income Rises but Misses Earnings Expectations
J.B. Hunt Transport Services Inc. saw net income rise for the period ended Sept. 30, but the Lowell, Ark.-based carrier missed Wall Street earnings expectations.
October 17, 2019
Business, Logistics, Top 50, Top 100
CEO Brad Jacobs Looks to Grow XPO, According to Analysts
Brad Jacobs built XPO Logistics through aggressive mergers and acquisitions over the past eight years, only to cool to purchasing other companies. The high-profile CEO now appears to be back in acquisition mode.
October 2, 2019
Business, Logistics, Top 50, Top 100
DHL Express Announces 2020 Rates
DHL Express is the latest company to announce it is raising rates effective Jan. 1.
September 30, 2019
Business, Logistics, Top 50, TCA
Kenco Logistics Adds Fifth California Warehouse
Kenco Logistics, North America’s biggest privately owned third-party logistics provider, has opened another warehouse to serve the Los Angeles market in Perris, Calif.
September 13, 2019
Business, Logistics, Top 50
Hub Group Reports Record Earnings Per Share for 2Q
Hub Group announced net income of $29.2 million, or earnings per share of 87 cents, for the second quarter ended June 30, according to an earnings release.
July 30, 2019
Business, Top 50
Universal Logistics Reports 12.9% Increase in Net Income for 2Q
Universal Logistics Holdings Inc. reported net income of $20 million for its quarter ending June 29, a 12.9% increase over the same quarter last year.
July 25, 2019
Business, Top 50, Top 100
J.B. Hunt Reports Mixed 2Q Results
J.B. Hunt Transport Services Inc. reported net income fell and revenue increased in the second quarter amid mixed results in its business units.
July 16, 2019
Government, Business, Logistics, Top 50, Top 100
FedEx Lobs New Attack on Trade Limits as China Threat Looms
FedEx Corp. has fired a new weapon in the simmering U.S.-China trade war, suing the Trump administration to block enforcement of trade restrictions that had placed the company in Beijing’s crosshairs.
June 25, 2019
Business, Logistics, Top 50
Fidelitone Expands Fulfillment Service With Purchase of Remar
Fidelitone, a Wauconda, Ill.-based warehousing and distribution firm, is expanding its order fulfillment services with the purchase of Remar Inc., the company announced June 5.
June 17, 2019Pages
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