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 Headquarterssort descending Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
48 42 Aurizon Australia $2,409 $2,409 100%
41 41 Toll Group Australia $3,023 $6,282 48.1%
22 21 Canadian National Railway Canada $9,766 $10,054 97%
28 30 Canadian Pacific Railway Canada $4,915 $5,053 97.3%
36 40 TFI International Canada $3,460 $3,655 94.7%
14 18 COSCO Shipping Holdings Co. China $13,378 $13,378 100%
20 22 SF Express China $10,522 $10,522 100%
3 3 China Railway Corp. China $39,395 $150,274 26.2%
4 4 The Maersk Group Denmark $29,096 $30,945 94%
24 25 GeoPost Group France $7,350 $7,699 95.5%
9 10 CMA CGM Group France $21,116 $21,116 100%
43 46 Lufthansa Group Germany $2,851 $40,186 7.1%
15 14 Deutsche Bahn AG Germany $12,578 $48,234 26.1%
17 15 Hapag-Lloyd AG Germany $11,264 $11,264 100%
6 6 Deutsche Post DHL Group Germany $21,915 $68,271 32.1%
27 28 Orient Overseas (International) Ltd. Hong Kong $6,108 $6,108 100%
40 43 Cathay Pacific Airways Hong Kong $3,067 $12,483 24.6%
11 11 Indian Railways India $17,948 $25,311 64.8%
42 44 ZIM Integrated Shipping Services Israel $2,978 $2,978 100%
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%
18 16 Yamato Holdings Japan $11,190 $15,459 72%
21 20 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $10,166 $10,166 100%
25 24 SG Holdings Japan $7,302 $9,003 81.1%
39 37 Nippon Express Japan $3,117 $17,798 17.5%
50 - Kazakhstan Temir Zholy Kazakhstan $2,349 $2,785 84.3%
49 - Wallenius Wilhelmsen Group Norway $2,404 $3,024 79.5%
5 5 Russian Railways Russia $26,285 $38,594 68.1%
44 38 Pacific International Lines Singapore $2,616 $3,798 68.9%
34 34 Transnet Group South Africa $3,775 $4,918 76.8%
47 50 Korean Air South Korea $2,473 $10,387 23.8%
32 31 Hyundai Merchant Marine Co. South Korea $4,438 $4,438 100%
7 9 Mediterranean Shipping Co. Switzerland $21,428 $21,428 100%
31 35 Evergreen Marine Corp. Taiwan $4,444 $4,947 88.9%
33 33 Yang Ming Marine Transport Corp. Taiwan $4,303 $4,303 100%
37 39 Emirates Group United Arab Emirates $3,386 $24,831 13.6%
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%
16 17 CSX Corp. United States $11,408 $11,408 100%
19 19 Norfolk Southern Corp. United States $10,551 $10,551 100%
23 23 XPO Logistics United States $7,516 $15,381 48.9%
26 27 J.B. Hunt Transport Services United States $6,181 $7,190 86%
29 29 YRC Worldwide United States $4,891 $4,891 100%
30 32 Knight-Swift Transportation United States $4,634 $5,186 89.4%
1 1 FedEx Logistics United States $57,198 $62,335 91.8%
2 2 UPS Inc. United States $57,100 $65,872 86.7%
35 36 Schneider United States $3,647 $4,384 83.2%
38 38 Old Dominion Freight Line United States $3,358 $3,358 100%
8 7 Union Pacific Corp. United States $21,240 $21,240 100%
10 8 BNSF Railway United States $20,406 $21,387 95.4%
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, Top 50, Top 100

XPO Backs Away From Possible Sale, Spinoffs of Units

XPO

XPO Logistics Inc. said the current economic environment has compelled it to step back from earlier plans to explore the sale or spinoff of some of its assets.

Roger Gilroy | Senior Reporter
March 20, 2020
Business, Logistics, Top 50

After Mixed Financial Results in 2019, 3PLs Face Coronavirus Headwinds

The airfreight forwarding sector, in which DHL ranks No. 1, logged one of the weakest years for logistics subsegments.

Coming off an extraordinary growth market in 2018, third-party logistics companies operating in the United States experienced a more mixed year in 2019.

Evan Armstrong | President of Armstrong & Associates Inc.
March 19, 2020
Business, Technology, Equipment, Fuel, Autonomous, Top 50

Deutsche Post Scraps Its Electric Delivery Van Built With Ford

Deutsche Post StreetScooter

Deutsche Post AG will stop producing its electric delivery vehicle called StreetScooter, bringing to an end a much-hyped venture that was once seen as a possible disrupter to conventional van makers such as Volkswagen AG and Daimler AG.

Richard Weiss | Bloomberg News
February 28, 2020
Business, Logistics, Top 50

Shipping Giant CMA CGM’s Debt Plan Seen at Risk Amid Virus Fears

CMA CGM

The coronavirus outbreak is threatening to scupper a debt refinancing for CMA CGM SA, the world’s third-largest container shipping company.

February 24, 2020
Business, Logistics, Top 50, Top 100, TCA

XPO to Lay Off 304 Workers at Texas Distribution Center

XPO Logistics truck on city street

XPO Logistics Inc. will lay off 304 workers at an AllianceTexas distribution center in April, according to a notice filed with the Texas Workforce Commission.

Paul O'Donnell | The Dallas Morning News
February 14, 2020
Business, Top 50, Top 100

Ryder Posts Earnings Loss, Record Revenue in Q4

Ryder

Ryder System Inc. reported record fourth-quarter revenue and a loss in earnings due to previously announced expenses.

Connor D. Wolf | Staff Reporter
February 13, 2020
Business, Logistics, Top 50

XPO Reports Mixed Q4, 2019 Results

XPO Logistics truck

XPO Logistics Inc. posted mixed financial results for the fourth quarter and all of 2019.

Jerry Hirsch | Contributing Writer
February 11, 2020
Business, Technology, Top 50, Top 100

Werner Q4 Profits Dip

Werner

Werner Enterprises posted declines in fourth-quarter and full-year profits but came in ahead of Wall Street expectations for its Q4 profit.

Connor D. Wolf | Staff Reporter
February 6, 2020
Business, Logistics, Top 50, Top 100

Schneider Q4 Earnings Miss Wall Street Expectations

Schneider

Schneider National Inc. reported Jan. 29 that fourth-quarter 2019 and yearly financial numbers declined when compared with 2018’s record year.

Dan Ronan | Associate News Editor
January 29, 2020
Business, Logistics, Top 50, TCA

Lineage Logistics Buys Three Oregon Processing Plants

Lineage Logistics building

The $49 million sale of NORPAC Foods’ Salem, Brooks and Stayton processing facilities in Oregon to cold storage giant Lineage Logistics was approved by U.S. Bankruptcy Court Judge Peter McKittrick on Jan. 14.

Bill Poehler | The Register-Guard (Eugene, Ore.)
January 15, 2020

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