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

Hub Group Reports Record Earnings Per Share for 2Q

Hub Group

Hub Group announced net income of $29.2 million, or earnings per share of 87 cents, for the second quarter ended June 30, according to an earnings release.

Jim Stinson | Staff Reporter
July 30, 2019
Business, Top 50

Universal Logistics Reports 12.9% Increase in Net Income for 2Q

Universal Logistics

Universal Logistics Holdings Inc. reported net income of $20 million for its quarter ending June 29, a 12.9% increase over the same quarter last year.

Jim Stinson | Staff Reporter
July 25, 2019
Business, Top 50, Top 100

J.B. Hunt Reports Mixed 2Q Results

J.B. Hunt

J.B. Hunt Transport Services Inc. reported net income fell and revenue increased in the second quarter amid mixed results in its business units.

Roger Gilroy | Staff Reporter
July 16, 2019
Government, Business, Logistics, Top 50, Top 100

FedEx Lobs New Attack on Trade Limits as China Threat Looms

FedEx

FedEx Corp. has fired a new weapon in the simmering U.S.-China trade war, suing the Trump administration to block enforcement of trade restrictions that had placed the company in Beijing’s crosshairs.

Thomas Black | Bloomberg News
June 25, 2019
Business, Logistics, Top 50

Fidelitone Expands Fulfillment Service With Purchase of Remar

Fidelitone, a Wauconda, Ill.-based warehousing and distribution firm, is expanding its order fulfillment services with the purchase of Remar Inc., the company announced June 5.

June 17, 2019
Business, Logistics, Top 50

DHL Supply Chain Expands Network for Distribution of Health Care Products

DHL supply chain

DHL Supply Chain will spend $150 million to expand its network for distributing pharmaceuticals and medical devices.

June 14, 2019
Business, Logistics, Top 50, Top 100

XPO Shareholders Vote Down Teamster Plan to Split CEO, Chairman Roles

Brad Jacobs

A union proposal to separate the CEO and chairman positions at XPO Logistics Inc. was defeated in a May 15 vote by the company’s shareholders, who instead extended the chairmanship of XPO’s current leader.

Dan Ronan | Associate News Editor
May 21, 2019
Business, Technology, Equipment, Safety, Autonomous, Top 50, Top 100

Penske Joins Autonomous Vehicle Coalition PAVE

Penske

Penske Truck Leasing has joined Partners for Automated Vehicle Education, a coalition of industry leaders that seeks to educate and assure the public about automated vehicles, according to a news release from the two organizations.

Jim Stinson | Staff Reporter
May 14, 2019
Business, Logistics, Top 50

Americold Reports Revenue Rises 0.5% to $393.1 Million in 1Q

Americold signage

Americold Realty Trust, one of the world’s largest companies focused on temperature-controlled warehouses, on May 7 reported revenue rose in the first quarter ending March 31.

Jim Stinson | Staff Reporter
May 9, 2019
Business, Logistics, Top 50

C.H. Robinson Beats Wall Street Expectations With 1Q Earnings

C.H. Robinson sign

Freight broker and produce distributor C.H. Robinson Worldwide beat Wall Street profit expectations, even as it saw first-quarter total revenue decline 4.4% to $3.75 billion compared with $3.92 billion in the first quarter of 2018.

Dan Ronan | Associate News Editor
May 1, 2019

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