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)sort descending 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 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 Yellow Corp. 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. (K Line) 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 Logistics United States $57,198 $62,335 91.8%
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, Top 50

Americold Posts 3Q Profit

Americold

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.

Daniel P. Bearth | Staff Writer
November 9, 2018
Business, Logistics, Top 50

Expeditors International Posts Record Profits, Net Revenue in 3Q

Expeditors International logo on door

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.

Daniel P. Bearth | Staff Writer
November 6, 2018
Business, Logistics, Top 50, Top 100

Hub Group to Acquire Retail Consolidation Specialist CaseStack

Hub Group truck closeup

Hub Group has agreed to acquire CaseStack Inc. for $255 million as part of a strategy to expand and diversify its transportation service offerings.

Daniel P. Bearth | Staff Writer
November 6, 2018
Business, Logistics, Top 50, Top 100

FedEx to Raise Prices in Response to Surging Freight Demand, Tight Capacity

FedEx Truck

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.

Thomas Black | Bloomberg News
November 5, 2018
Government, Business, Top 50, Top 100

Schneider’s Profits, Revenue Higher in Third Quarter

A Schneider truck

Schneider National Inc. reported higher revenue and profits in the third quarter, but not all of its business units shared in the bounty.

Daniel P. Bearth | Staff Writer
November 1, 2018
Business, Technology, Logistics, Top 50

African Logistics Company Lori Announces Expansion

Standard Gauge Railway in Kenya

Lori Systems, a logistics startup based in Kenya, Africa, recently announced expansion into Uganda, Rwanda and South Sudan.

October 26, 2018
Business, Logistics, Top 50, Top 100

Universal Logistics Reports Best-Ever 3Q Results

Universal Logistics Holdings truck

Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.

Daniel P. Bearth | Staff Writer
October 25, 2018
Government, Business, Technology, Fuel, Logistics, Top 50, Top 100

UPS, Seattle to Launch eBike Downtown Delivery Program

UPS eBike in Seattle

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.

Dan Ronan | Associate News Editor
October 25, 2018
Business, Top 50

Echo Global Logistics Posts Record Revenue for Sixth Straight Quarter

Echo Global Logistics

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, 2018
Business, Top 50

DSV Ends Bid to Acquire Ceva Logistics

DSV Truck

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, 2018

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