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)sort descending Freight Revenue Share
48 42 Aurizon Australia $2,409 $2,409 100%
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%
50 - Kazakhstan Temir Zholy Kazakhstan $2,349 $2,785 84.3%
42 44 ZIM Integrated Shipping Services Israel $2,978 $2,978 100%
49 - Wallenius Wilhelmsen Group Norway $2,404 $3,024 79.5%
38 38 Old Dominion Freight Line United States $3,358 $3,358 100%
36 40 TFI International Canada $3,460 $3,655 94.7%
44 38 Pacific International Lines Singapore $2,616 $3,798 68.9%
33 33 Yang Ming Marine Transport Corp. Taiwan $4,303 $4,303 100%
35 36 Schneider United States $3,647 $4,384 83.2%
32 31 Hyundai Merchant Marine Co. South Korea $4,438 $4,438 100%
29 29 Yellow Corp. United States $4,891 $4,891 100%
34 34 Transnet Group South Africa $3,775 $4,918 76.8%
31 35 Evergreen Marine Corp. Taiwan $4,444 $4,947 88.9%
28 30 Canadian Pacific Railway Canada $4,915 $5,053 97.3%
30 32 Knight-Swift Transportation United States $4,634 $5,186 89.4%
27 28 Orient Overseas (International) Ltd. Hong Kong $6,108 $6,108 100%
41 41 Toll Group Australia $3,023 $6,282 48.1%
26 27 J.B. Hunt Transport Services United States $6,181 $7,190 86%
24 25 GeoPost Group France $7,350 $7,699 95.5%
25 24 SG Holdings Japan $7,302 $9,003 81.1%
22 21 Canadian National Railway Canada $9,766 $10,054 97%
21 20 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $10,166 $10,166 100%
47 50 Korean Air South Korea $2,473 $10,387 23.8%
20 22 SF Express China $10,522 $10,522 100%
19 19 Norfolk Southern Corp. United States $10,551 $10,551 100%
17 15 Hapag-Lloyd AG Germany $11,264 $11,264 100%
16 17 CSX Corp. United States $11,408 $11,408 100%
40 43 Cathay Pacific Airways Hong Kong $3,067 $12,483 24.6%
14 18 COSCO Shipping Holdings Co. China $13,378 $13,378 100%
12 13 Mitsui O.S.K. Lines Japan $13,958 $14,830 94.1%
23 23 XPO Logistics United States $7,516 $15,381 48.9%
18 16 Yamato Holdings Japan $11,190 $15,459 72%
39 37 Nippon Express Japan $3,117 $17,798 17.5%
13 12 NYK Group Japan $13,869 $19,903 69.7%
9 10 CMA CGM Group France $21,116 $21,116 100%
8 7 Union Pacific Corp. United States $21,240 $21,240 100%
10 8 BNSF Railway United States $20,406 $21,387 95.4%
7 9 Mediterranean Shipping Co. Switzerland $21,428 $21,428 100%
37 39 Emirates Group United Arab Emirates $3,386 $24,831 13.6%
11 11 Indian Railways India $17,948 $25,311 64.8%
4 4 The Maersk Group Denmark $29,096 $30,945 94%
5 5 Russian Railways Russia $26,285 $38,594 68.1%
43 46 Lufthansa Group Germany $2,851 $40,186 7.1%
15 14 Deutsche Bahn AG Germany $12,578 $48,234 26.1%
1 1 FedEx Logistics United States $57,198 $62,335 91.8%
2 2 UPS Inc. United States $57,100 $65,872 86.7%
6 6 Deutsche Post DHL Group Germany $21,915 $68,271 32.1%
3 3 China Railway Corp. China $39,395 $150,274 26.2%
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
Government, Business, Logistics, Top 50, Top 100

Former XPO Executive to Become Next Postmaster General

Louis DeJoy, a former XPO executive, will be the next postmaster general.

A Republican fundraiser and political donor from North Carolina who also worked as an executive at XPO Logistics will be the next postmaster general.

May 7, 2020
Business, Safety, Logistics, Top 50, Top 100, TCA

5-Year-Old’s ‘Refreshment Stop’ Shows Appreciation for FedEx, UPS Drivers

Jack Mahar, 5, set up a free refreshment stop for delivery drivers

A New York kindergartener who loves delivery trucks is thanking FedEx, UPS and other drivers during the coronavirus pandemic in his own special way, with a 'refreshment stop' of complimentary snacks and drinks that he has set up at the end of his driveway for these essential workers.

Kristi Gustafson Barlette | Times Union, Albany, N.Y.
May 5, 2020
Business, Logistics, Top 50, Top 100

XPO Profits, Revenue Fall in Q1

XPO Logistics truck

First-quarter profits and revenue at XPO Logistics Inc. declined as the effects of the coronavirus pandemic took a toll on the less-than-truckload carrier and logistics company in March.

Jerry Hirsch | Contributing Writer
May 5, 2020
Business, Logistics, Top 50, Top 100, TCA

XPO to Cease Operations at Pennsylvania Warehouse

An XPO Logistics truck

XPO Logistics will cease operations at its warehouse in Bethel Township, Pa., this month, according to a notice it filed March 11 with the Pennsylvania Department of Labor & Industry.

Daniel Urie | The Patriot-News (Harrisburg, Pa.)
May 4, 2020
Business, Top 50, Top 100

Hub Group Posts Dips in Revenue, Net Income in First Quarter

Hub Group

Hub Group reported double-digit declines in profits and revenue during the first quarter as it saw a drop in intermodal revenue and a decrease in its truck brokerage business.

Jerry Hirsch | Contributing Writer
May 4, 2020
Business, Equipment, Top 50

Ryder Reports Q1 Net Loss

Ryder

Ryder System Inc. reported a net loss of just over $100 million in the first quarter and revenue slipped 1% as it adjusted to the impact of COVID-19 on the economy and its markets.

Roger Gilroy | Senior Reporter
April 29, 2020
Business, Logistics, Top 50

Echo Global Suffers $2.9 Million Loss in Q1

Echo Global Logistics

Echo Global Logistics swung to a loss in the first quarter as it faced pricing pressures and the early financial effects of the coronavirus pandemic.

Jerry Hirsch | Contributing Writer
April 23, 2020
Government, Business, Logistics, Top 50, Top 100, TCA

UPS Shipping First Ventilators From GM Facility to Hospitals

A UPS cargo plane is pushed from its gate after being loaded at the company's Worldport hub in Louisville, Ky., in November 2015.

UPS is shipping ventilators made in a General Motors facility to hospitals in the Chicago area.

Kelly Yamanouchi | The Atlanta Journal-Constitution
April 17, 2020
Business, Technology, Equipment, Top 50, Top 100

J.B. Hunt Reports Mixed Results for Q1

J.B. Hunt

Truckload carrier J.B. Hunt Transport Services Inc. reported lower first-quarter net income on increased operating revenue on April 14.

Connor D. Wolf | Staff Reporter
April 16, 2020
Government, Business, Logistics, Top 50, Top 100

FedEx CEO Fred Smith Takes 91% Cut in Salary for Six Months

FedEx CEO Fred Smith

FedEx Corp. said Chairman and CEO Fred Smith is taking a salary cut, effective April 1, from $115,402 per month to $10,728 per month through Sept. 30.

Dan Ronan | Associate News Editor
April 7, 2020

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