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 Sharesort descending
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%
38 38 Old Dominion Freight Line Inc. United States $3,358 $3,358 100%
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%
42 44 ZIM Integrated Shipping Services Israel $2,978 $2,978 100%
45 45 Kansas City Southern United States $2,583 $2,583 100%
14 18 COSCO Shipping Holdings Co. China $13,378 $13,378 100%
16 17 CSX Corp. United States $11,408 $11,408 100%
48 42 Aurizon Australia $2,409 $2,409 100%
17 15 Hapag-Lloyd AG Germany $11,264 $11,264 100%
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%
27 28 Orient Overseas (International) Ltd. Hong Kong $6,108 $6,108 100%
29 29 YRC Worldwide United States $4,891 $4,891 100%
37 39 Emirates Group United Arab Emirates $3,386 $24,831 13.6%
39 37 Nippon Express Japan $3,117 $17,798 17.5%
47 50 Korean Air South Korea $2,473 $10,387 23.8%
40 43 Cathay Pacific Airways Hong Kong $3,067 $12,483 24.6%
15 14 Deutsche Bahn AG Germany $12,578 $48,234 26.1%
3 3 China Railway Corp. China $39,395 $150,274 26.2%
6 6 Deutsche Post DHL Group Germany $21,915 $68,271 32.1%
41 41 Toll Group Australia $3,023 $6,282 48.1%
23 23 XPO Logistics United States $7,516 $15,381 48.9%
11 11 Indian Railways India $17,948 $25,311 64.8%
5 5 Russian Railways Russia $26,285 $38,594 68.1%
44 38 Pacific International Lines Singapore $2,616 $3,798 68.9%
13 12 NYK Group Japan $13,869 $19,903 69.7%
43 46 Lufthansa Group Germany $2,851 $40,186 7.1%
18 16 Yamato Holdings Japan $11,190 $15,459 72%
34 34 Transnet Group South Africa $3,775 $4,918 76.8%
49 - Wallenius Wilhelmsen Group Norway $2,404 $3,024 79.5%
25 24 SG Holdings Japan $7,302 $9,003 81.1%
35 36 Schneider United States $3,647 $4,384 83.2%
50 - Kazakhstan Temir Zholy Kazakhstan $2,349 $2,785 84.3%
26 27 J.B. Hunt Transport Services United States $6,181 $7,190 86%
2 2 UPS Inc. United States $57,100 $65,872 86.7%
31 35 Evergreen Marine Corp. Taiwan $4,444 $4,947 88.9%
30 32 Knight-Swift Transportation United States $4,634 $5,186 89.4%
46 48 Estes Express Lines United States $2,476 $2,746 90.2%
1 1 FedEx Corp. United States $57,198 $62,335 91.8%
4 4 The Maersk Group Denmark $29,096 $30,945 94%
12 13 Mitsui O.S.K. Lines Japan $13,958 $14,830 94.1%
36 40 TFI International Canada $3,460 $3,655 94.7%
10 8 BNSF Railway United States $20,406 $21,387 95.4%
24 25 GeoPost Group France $7,350 $7,699 95.5%
22 21 Canadian National Railway Canada $9,766 $10,054 97%
28 30 Canadian Pacific Railway Canada $4,915 $5,053 97.3%
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

Ceva to Manage Ikea Distribution Center in New York

Ceva Logistics truck on highway

Ceva Logistics has opened a customer distribution center with home-furnishings retailer Ikea in Staten Island, N.Y., according to a news release.

March 11, 2019
Business, Logistics, Top 50

C.H. Robinson Acquires Spanish Freight Forwarder Space Cargo Group

C.H. Robinson truck

C.H. Robinson Worldwide, in a move to bolster its international freight business, has purchased The Space Cargo Group, a company based in Madrid that provides freight forwarding, customs brokerage and other logistic services in Spain and Colombia, for $48 million in cash.

March 1, 2019
Business, Top 50

Universal Logistics Reports Record Revenue in 4Q, 2018

Universal Logistics

Universal Logistics Holdings Inc. reported its best quarter ever, marking its eighth consecutive reporting period in which a revenue record was set.

Transport Topics
February 25, 2019
Business, Logistics, Top 50

Americold Completes First Year as Public Company With Solid Financial Results

Americold facility in Mableton, Ga.

Warehouse operator Americold completed its first year as a public company by reporting solid gains in revenue and higher operating profits in the fourth quarter of 2018.

Daniel P. Bearth | Staff Writer
February 21, 2019
Business, Top 50

J.B. Hunt Finalizes Acquisition of Cory 1st Choice Home Delivery

Workers for Cory 1st Choice Home Delivery unload furniture.

J.B. Hunt Transport Services completed the purchase of Cory 1st Choice Home Delivery on Feb. 15, the Lowell, Ark.-based transportation company and logistics firm announced.

February 19, 2019
Government, Business, Logistics, Top 50

XPO’s Brad Jacobs Hits Brakes on M&As

XPO Logistics

After building a fortune and several businesses by buying company after company, XPO Logistics Inc. CEO Brad Jacobs is abandoning acquisitions, a principal reason many investors bought into the stock.

Thomas Black | Bloomberg News
February 19, 2019
Government, Business, Logistics, Top 50, TCA

XPO Denies Memphis Plant Closing Is Retaliation

XPO Logistics

XPO Logistics Inc. confirmed Feb. 14 that it will close a facility in Memphis, Tenn., where some employees have made allegations of pregnancy discrimination and sexual harassment, and the next day CEO Brad Jacobs said a customer's request prompted the decision.

Paul Schott | Connecticut Post (Bridgeport, Conn.)
February 19, 2019
Business, Logistics, Top 50

Montreal Firm FLS Transportation Services Acquires Scott Logistics

FLS Transportation Services, a Montreal-based 3PL, has announced the acquisition of Scott Logistics Corp., a freight broker headquartered in Georgia.

February 15, 2019
Business, Logistics, Top 50, Top 100

XPO Logistics Reports Disappointing Earnings

XPO Logistics truck

XPO Logistics reported disappointing earnings for the fourth quarter of 2018 and lowered its guidance for 2019 due, in large part, to a sharp drop-off in shipments from its largest customer — believed to be Amazon.com.

Daniel P. Bearth | Staff Writer
February 14, 2019
Business, Logistics, Top 50

Redwood Logistics Acquires Strive Logistics

Dispatchers at Redwood Logistics' Chicago office

Redwood Logistics said it is acquiring Strive Logistics, a move that will create a multimodal freight brokerage firm with more than $1 billion in freight under management.

February 13, 2019

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