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
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 |
|---|---|---|---|---|---|---|
| 50 | - | Kazakhstan Temir Zholy | Kazakhstan | $2,349 | $2,785 | 84.3% |
| 49 | - | Wallenius Wilhelmsen Group | Norway | $2,404 | $3,024 | 79.5% |
| 48 | 42 | Aurizon | Australia | $2,409 | $2,409 | 100% |
| 47 | 50 | Korean Air | South Korea | $2,473 | $10,387 | 23.8% |
| 46 | 48 | Estes Express Lines | United States | $2,476 | $2,746 | 90.2% |
| 45 | 45 | Kansas City Southern | United States | $2,583 | $2,583 | 100% |
| 44 | 38 | Pacific International Lines | Singapore | $2,616 | $3,798 | 68.9% |
| 43 | 46 | Lufthansa Group | Germany | $2,851 | $40,186 | 7.1% |
| 42 | 44 | ZIM Integrated Shipping Services | Israel | $2,978 | $2,978 | 100% |
| 41 | 41 | Toll Group | Australia | $3,023 | $6,282 | 48.1% |
| 40 | 43 | Cathay Pacific Airways | Hong Kong | $3,067 | $12,483 | 24.6% |
| 39 | 37 | Nippon Express | Japan | $3,117 | $17,798 | 17.5% |
| 38 | 38 | Old Dominion Freight Line Inc. | United States | $3,358 | $3,358 | 100% |
| 37 | 39 | Emirates Group | United Arab Emirates | $3,386 | $24,831 | 13.6% |
| 36 | 40 | TFI International | Canada | $3,460 | $3,655 | 94.7% |
| 35 | 36 | Schneider | United States | $3,647 | $4,384 | 83.2% |
| 34 | 34 | Transnet Group | South Africa | $3,775 | $4,918 | 76.8% |
| 33 | 33 | Yang Ming Marine Transport Corp. | Taiwan | $4,303 | $4,303 | 100% |
| 32 | 31 | Hyundai Merchant Marine Co. | South Korea | $4,438 | $4,438 | 100% |
| 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% |
| 29 | 29 | YRC Worldwide | United States | $4,891 | $4,891 | 100% |
| 28 | 30 | Canadian Pacific Railway | Canada | $4,915 | $5,053 | 97.3% |
| 27 | 28 | Orient Overseas (International) Ltd. | Hong Kong | $6,108 | $6,108 | 100% |
| 26 | 27 | J.B. Hunt Transport Services | United States | $6,181 | $7,190 | 86% |
| 25 | 24 | SG Holdings | Japan | $7,302 | $9,003 | 81.1% |
| 24 | 25 | GeoPost Group | France | $7,350 | $7,699 | 95.5% |
| 23 | 23 | XPO Logistics | United States | $7,516 | $15,381 | 48.9% |
| 22 | 21 | Canadian National Railway | Canada | $9,766 | $10,054 | 97% |
| 21 | 20 | Kawasaki Kisen Kaisha Ltd. | Japan | $10,166 | $10,166 | 100% |
| 20 | 22 | SF Express | China | $10,522 | $10,522 | 100% |
| 19 | 19 | Norfolk Southern Corp. | United States | $10,551 | $10,551 | 100% |
| 18 | 16 | Yamato Holdings | Japan | $11,190 | $15,459 | 72% |
| 17 | 15 | Hapag-Lloyd AG | Germany | $11,264 | $11,264 | 100% |
| 16 | 17 | CSX Corp. | United States | $11,408 | $11,408 | 100% |
| 15 | 14 | Deutsche Bahn AG | Germany | $12,578 | $48,234 | 26.1% |
| 14 | 18 | COSCO Shipping Holdings Co. | China | $13,378 | $13,378 | 100% |
| 13 | 12 | NYK Group | Japan | $13,869 | $19,903 | 69.7% |
| 12 | 13 | Mitsui O.S.K. Lines | Japan | $13,958 | $14,830 | 94.1% |
| 11 | 11 | Indian Railways | India | $17,948 | $25,311 | 64.8% |
| 10 | 8 | BNSF Railway | United States | $20,406 | $21,387 | 95.4% |
| 9 | 10 | CMA CGM Group | France | $21,116 | $21,116 | 100% |
| 8 | 7 | Union Pacific Corp. | United States | $21,240 | $21,240 | 100% |
| 7 | 9 | Mediterranean Shipping Co. | Switzerland | $21,428 | $21,428 | 100% |
| 6 | 6 | Deutsche Post DHL Group | Germany | $21,915 | $68,271 | 32.1% |
| 5 | 5 | Russian Railways | Russia | $26,285 | $38,594 | 68.1% |
| 4 | 4 | The Maersk Group | Denmark | $29,096 | $30,945 | 94% |
| 3 | 3 | China Railway Corp. | China | $39,395 | $150,274 | 26.2% |
| 2 | 2 | UPS Inc. | United States | $57,100 | $65,872 | 86.7% |
| 1 | 1 | FedEx Corp. | United States | $57,198 | $62,335 | 91.8% |
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, Logistics, Top 50
C.H. Robinson Acquires Spanish Freight Forwarder Space Cargo Group
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 Holdings Inc. reported its best quarter ever, marking its eighth consecutive reporting period in which a revenue record was set.
February 25, 2019
Business, Logistics, Top 50
Americold Completes First Year as Public Company With Solid Financial Results
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.
February 21, 2019
Business, Top 50
J.B. Hunt Finalizes Acquisition of Cory 1st Choice Home Delivery
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
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.
February 19, 2019
Government, Business, Logistics, Top 50, TCA
XPO Denies Memphis Plant Closing Is Retaliation
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.
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 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.
February 14, 2019
Business, Logistics, Top 50
Redwood Logistics Acquires Strive Logistics
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, 2019Pages
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