2018 Top 50 Global Freight Carriers
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Rankings
| Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) |
Freight Revenue Share |
|---|---|---|---|---|---|---|
| 38 | 38 | Old Dominion Freight Line | United States | $3,358 | $3,358 | 100% |
| 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% |
| 42 | 44 | ZIM Integrated Shipping Services | Israel | $2,978 | $2,978 | 100% |
| 45 | 45 | Kansas City Southern | United States | $2,583 | $2,583 | 100% |
| 14 | 18 | COSCO Shipping Holdings Co. | China | $13,378 | $13,378 | 100% |
| 48 | 42 | Aurizon | Australia | $2,409 | $2,409 | 100% |
| 16 | 17 | CSX Corp. | United States | $11,408 | $11,408 | 100% |
| 17 | 15 | Hapag-Lloyd AG | Germany | $11,264 | $11,264 | 100% |
| 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. (K Line) | Japan | $10,166 | $10,166 | 100% |
| 27 | 28 | Orient Overseas (International) Ltd. | Hong Kong | $6,108 | $6,108 | 100% |
| 29 | 29 | Yellow Corp. | United States | $4,891 | $4,891 | 100% |
| 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% |
| 37 | 39 | Emirates Group | United Arab Emirates | $3,386 | $24,831 | 13.6% |
| 39 | 37 | Nippon Express | Japan | $3,117 | $17,798 | 17.5% |
| 47 | 50 | Korean Air | South Korea | $2,473 | $10,387 | 23.8% |
| 40 | 43 | Cathay Pacific Airways | Hong Kong | $3,067 | $12,483 | 24.6% |
| 15 | 14 | Deutsche Bahn AG | Germany | $12,578 | $48,234 | 26.1% |
| 3 | 3 | China Railway Corp. | China | $39,395 | $150,274 | 26.2% |
| 6 | 6 | Deutsche Post DHL Group | Germany | $21,915 | $68,271 | 32.1% |
| 41 | 41 | Toll Group | Australia | $3,023 | $6,282 | 48.1% |
| 23 | 23 | XPO Logistics | United States | $7,516 | $15,381 | 48.9% |
| 11 | 11 | Indian Railways | India | $17,948 | $25,311 | 64.8% |
| 5 | 5 | Russian Railways | Russia | $26,285 | $38,594 | 68.1% |
| 44 | 38 | Pacific International Lines | Singapore | $2,616 | $3,798 | 68.9% |
| 13 | 12 | NYK Group | Japan | $13,869 | $19,903 | 69.7% |
| 43 | 46 | Lufthansa Group | Germany | $2,851 | $40,186 | 7.1% |
| 18 | 16 | Yamato Holdings | Japan | $11,190 | $15,459 | 72% |
| 34 | 34 | Transnet Group | South Africa | $3,775 | $4,918 | 76.8% |
| 49 | - | Wallenius Wilhelmsen Group | Norway | $2,404 | $3,024 | 79.5% |
| 25 | 24 | SG Holdings | Japan | $7,302 | $9,003 | 81.1% |
| 35 | 36 | Schneider | United States | $3,647 | $4,384 | 83.2% |
| 50 | - | Kazakhstan Temir Zholy | Kazakhstan | $2,349 | $2,785 | 84.3% |
| 26 | 27 | J.B. Hunt Transport Services | United States | $6,181 | $7,190 | 86% |
| 2 | 2 | UPS Inc. | United States | $57,100 | $65,872 | 86.7% |
| 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% |
| 46 | 48 | Estes Express Lines | United States | $2,476 | $2,746 | 90.2% |
| 1 | 1 | FedEx Logistics | United States | $57,198 | $62,335 | 91.8% |
| 4 | 4 | The Maersk Group | Denmark | $29,096 | $30,945 | 94% |
| 12 | 13 | Mitsui O.S.K. Lines | Japan | $13,958 | $14,830 | 94.1% |
| 36 | 40 | TFI International | Canada | $3,460 | $3,655 | 94.7% |
| 10 | 8 | BNSF Railway | United States | $20,406 | $21,387 | 95.4% |
| 24 | 25 | GeoPost Group | France | $7,350 | $7,699 | 95.5% |
| 22 | 21 | Canadian National Railway | Canada | $9,766 | $10,054 | 97% |
| 28 | 30 | Canadian Pacific Railway | Canada | $4,915 | $5,053 | 97.3% |
Extras
Top 50 News
Americold Posts 3Q Profit
Global warehouse operator Americold reported net income of $24.5 million, or 17 cents a share, in the third quarter, compared with a net loss of $11.9 million, or 17 cents a share, in the same period a year ago. Revenue increased 3.2% to $402 million in 2018 from $389.5 million in 2017.
November 9, 2018Expeditors International Posts Record Profits, Net Revenue in 3Q
Expeditors International of Washington Inc. achieved record profits and net revenue in the third quarter as the Seattle-based air and ocean freight forwarder benefited from lower taxes and kept ahead of rising transportation costs in a tight-capacity market.
November 6, 2018Hub Group to Acquire Retail Consolidation Specialist CaseStack
Hub Group has agreed to acquire CaseStack Inc. for $255 million as part of a strategy to expand and diversify its transportation service offerings.
November 6, 2018FedEx to Raise Prices in Response to Surging Freight Demand, Tight Capacity
FedEx Corp. will boost most prices by an average of 4.9% starting in January, more than double the expected rate of U.S. inflation next year, as freight demand surges.
November 5, 2018Schneider’s Profits, Revenue Higher in Third Quarter
Schneider National Inc. reported higher revenue and profits in the third quarter, but not all of its business units shared in the bounty.
November 1, 2018African Logistics Company Lori Announces Expansion
Lori Systems, a logistics startup based in Kenya, Africa, recently announced expansion into Uganda, Rwanda and South Sudan.
October 26, 2018Universal Logistics Reports Best-Ever 3Q Results
Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.
October 25, 2018UPS, Seattle to Launch eBike Downtown Delivery Program
UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.
October 25, 2018Echo Global Logistics Posts Record Revenue for Sixth Straight Quarter
Echo Global Logistics reported another record quarter for revenue and boosted its guidance for the year as demand for the company’s technology and transportation management services remains robust.
October 24, 2018DSV Ends Bid to Acquire Ceva Logistics
DSV A/S, the world’s fifth-largest freight forwarder, walked away from Ceva Logistics AG after failing in its latest attempt to buy the Swiss company, which says it needed more time to review the offer.
October 24, 2018Pages
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