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 ascending 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%
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%
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 Yellow Corp. United States $4,891 $4,891 100%
30 32 Knight-Swift Transportation United States $4,634 $5,186 89.4%
37 39 Emirates Group United Arab Emirates $3,386 $24,831 13.6%
33 33 Yang Ming Marine Transport Corp. Taiwan $4,303 $4,303 100%
31 35 Evergreen Marine Corp. Taiwan $4,444 $4,947 88.9%
7 9 Mediterranean Shipping Co. Switzerland $21,428 $21,428 100%
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%
34 34 Transnet Group South Africa $3,775 $4,918 76.8%
44 38 Pacific International Lines Singapore $2,616 $3,798 68.9%
5 5 Russian Railways Russia $26,285 $38,594 68.1%
49 - Wallenius Wilhelmsen Group Norway $2,404 $3,024 79.5%
50 - Kazakhstan Temir Zholy Kazakhstan $2,349 $2,785 84.3%
39 37 Nippon Express Japan $3,117 $17,798 17.5%
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%
42 44 ZIM Integrated Shipping Services Israel $2,978 $2,978 100%
11 11 Indian Railways India $17,948 $25,311 64.8%
40 43 Cathay Pacific Airways Hong Kong $3,067 $12,483 24.6%
27 28 Orient Overseas (International) Ltd. Hong Kong $6,108 $6,108 100%
6 6 Deutsche Post DHL Group Germany $21,915 $68,271 32.1%
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%
9 10 CMA CGM Group France $21,116 $21,116 100%
24 25 GeoPost Group France $7,350 $7,699 95.5%
4 4 The Maersk Group Denmark $29,096 $30,945 94%
3 3 China Railway Corp. China $39,395 $150,274 26.2%
14 18 COSCO Shipping Holdings Co. China $13,378 $13,378 100%
20 22 SF Express China $10,522 $10,522 100%
36 40 TFI International Canada $3,460 $3,655 94.7%
22 21 Canadian National Railway Canada $9,766 $10,054 97%
28 30 Canadian Pacific Railway Canada $4,915 $5,053 97.3%
41 41 Toll Group Australia $3,023 $6,282 48.1%
48 42 Aurizon Australia $2,409 $2,409 100%
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

Hapag-Lloyd CEO Says Ocean-Shipping Demand Staying ‘Very Strong’

A pair of shipping containers hang from a ship-to-shore crane while a Hapag-Lloyd ship is unloaded.

Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.

Brendan Murray | Bloomberg News
April 9, 2021
Business, Logistics, Top 50

Pilot Freight Services Acquires DSI Logistics

Pilot

Pilot Freight Services announced it acquired DSI Logistics, a nonasset-based provider of last-mile home delivery and installation for heavy and hard-to-handle goods.

Roger Gilroy | Senior Reporter
April 8, 2021
Business, Logistics, Top 50

Syncreon Holdings Reported to Be Weighing $1.5 Billion Sale

Syncreon Holdings is said to be weighing a sale of about $1.5 billion.

The owners of supply-chain services company Syncreon Holdings are exploring a sale of the company that could value it at as much as $1.5 billion, including debt, according to people with knowledge of the matter.

April 8, 2021
Business, Logistics, Top 50

XPO Logistics Announces Hiring Plans, Taps CFO for Spinoff GXO

XPO

XPO Logistics plans to fill more than 1,400 positions to meet growing demand in its less-than-truckload business.

Connor D. Wolf | Staff Reporter
April 7, 2021
Business, Logistics, Top 50

About Us: Transport Topics Top 50 Logistics Companies

The Transport Topics’ Top 50 Logistics Companies is a listing of the largest logistics companies in North America.

April 3, 2021
Business, Technology, Logistics, Top 50

Drones Could Help Bridge Divides for Vaccine Distribution

Drones could be used to distribute COVID-19 vaccines to remote areas off Florida's coast. (Kobi Wolf/Bloomberg News)

The challenge of ensuring equitable distribution of the coronavirus vaccine is one of global scale, and the city of Miami provides a backdrop for the social and economic divides that the medical community must overcome.

Brendan Murray | Bloomberg News
April 3, 2021
Business, Technology, Logistics, Top 50

Lineage Logistics Acquires Cryo-Trans for $500 Million

Lineage Logistics is taking steps to be a one-stop shop for refrigerated storage. (Lineage Logistics)

Cold-storage specialist Lineage Logistics is branching into rail.

Gillian Tan | Bloomberg News
April 3, 2021
Business, Technology, Logistics, Top 50

Pandemic Upends Logistics Market

An XPO Logistics employee works in a warehouse. (XPO Logistics)

The COVID-19 outbreak created a volatile U.S. third-party logistics market in 2020, which presented growth opportunities for 3PLs with strong carrier management, e-commerce and airfreight forwarding capabilities, while other 3PLs did not fare as well.

Evan Armstrong | President of Armstrong & Associates Inc.
April 3, 2021
Business, Logistics, Top 50

A Fresh Look at the 2021 Top 50 Logistics Companies

C.H. Robinson, which ranks No. 1 on the 2021 list, has expanded its fulfillment capabilities through acquisitions.

Transport Topics has produced an annual ranking of the largest companies in this dynamic segment of the transportation business for nearly two decades, but much like the industry itself, this list continues to evolve.

Seth Clevenger | Managing Editor, Features
April 3, 2021
Business, Technology, Logistics, Top 50

How Logistics Firms Are Handling the Pandemic's E-Commerce Boom

Employees sort crates of packages at a DHL facility in Chicago. (Daniel Acker/Bloomberg News)

The COVID-19 pandemic has squeezed many years of growth in online sales and e-commerce fulfillment into a single 12-month period.

Jerry Hirsch | Contributing Writer
April 3, 2021

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