2018 Top 50 Global Freight Carriers

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
27 28 Orient Overseas (International) Ltd. Hong Kong $6,108 $6,108 100%
29 29 Yellow Corp. United States $4,891 $4,891 100%
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 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%
48 42 Aurizon Australia $2,409 $2,409 100%
16 17 CSX Corp. United States $11,408 $11,408 100%
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. (K Line) Japan $10,166 $10,166 100%
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 Logistics 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

Echo Global Logistics Posts Higher Q3 Profit, Revenue

Echo Global Logistics office

Echo Global Logistics posted higher third-quarter profits and revenue on the strength of freight volume.

Jerry Hirsch | Contributing Writer
October 29, 2020
Business, Top 50, Top 100

Schneider National Reports Increased Net Income in Q3

Schneider

Schneider National saw net income soar during the third quarter as demand surged, the company reported Oct. 29.

Connor D. Wolf | Staff Reporter
October 29, 2020
Business, Logistics, Top 50, Top 100

Werner Increases Net Income but Sees Lower Revenue in Q3

Werner Enterprises truck

Werner Enterprises posted mixed results as profits increased on lower revenue during the third quarter, the company announced Oct. 28.

Connor D. Wolf | Staff Reporter
October 29, 2020
Business, Equipment, Logistics, Top 50, Top 100

Ryder Reports Profit Increase; Record Set for Used Vehicle Sales in Q3

Ryder trucks and facility

Ryder System Inc. reported net income rose and revenue dipped in the third quarter, as it noted used vehicles sales set a record.

Roger Gilroy | Senior Reporter
October 28, 2020
Business, Technology, Equipment, Safety, Autonomous, Top 50

The Rise of the Warehouse Robot

XPO

The COVID-19 pandemic has accelerated the decline of brick-and-mortar retail establishments and accelerated e-commerce, creating a massive logistical challenge for warehouse and distribution center operators.

Jerry Hirsch | Contributing Writer
October 28, 2020
Business, Top 50, Top 100

UPS Produces Strong Q3 Earnings Amid E-Commerce Surge

UPS

UPS Inc. reported strong financial results in the third quarter as a surge in deliveries to businesses and homes lifted the Atlanta-based carrier through the three-month period.

Dan Ronan | Associate News Editor
October 28, 2020
Business, Logistics, Top 50, Top 100

Amazon, FedEx, UPS Boost US Warehouse Jobs Amid Online Boom

The warehousing and storage industry is one of the few sectors where employment is actually higher.

Warehouse operators across the U.S. are rushing to hire workers amid a boom in online sales, a bright spot for a labor market that faces mounting challenges.

Katia Dmitrieva | Bloomberg News
October 27, 2020
Business, Top 50, Top 100

U.S. Xpress Announces Strong Profit for Q3

U.S. Xpress

U.S. Xpress Enterprises posted increased earnings on a modest revenue gain during the third quarter, the fleet announced Oct. 22.

Connor D. Wolf | Staff Reporter
October 22, 2020
Business, Logistics, Top 50, Top 100

Landstar System Reports Net Income, Revenue Increase for Q3

Landstar truck

Landstar System Inc. saw net income reach $61.9 million during the third quarter of 2020, the company reported Oct. 21.

Connor D. Wolf | Staff Reporter
October 21, 2020
Business, Logistics, Top 50

Canadian National Reports Q3 Drop in Earnings, Revenue

CN Railway train

For the second consecutive quarter, Canadian National Railway felt the impact of the COVID-19 pandemic when the Class I, Montreal-based railroad announced third-quarter earnings Oct. 20.

Dan Ronan | Associate News Editor
October 21, 2020

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