Top 50 Global Freight

2019 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
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Up Front
Policy negotiations have put freight patterns in flux.
Despite trade tensions, growth has continued.
How the Netherlands is handling increased demand.
Rank This Yearsort descending Rank Last Year Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
1 1 FedEx Corp. United States $63,914 $68,716 93.0%
2 2 UPS Inc. United States $61,253 $71,861 85.2%
3 3 China Railway Corp. China $45,001 $165,494 27.2%
4 4 The Maersk Group Denmark $34,707 $39,019 88.9%
5 5 Russian Railways Russia $26,012 $38,403 67.7%
6 6 Deutsche Post DHL Group Germany $24,307 $72,622 33.5%
7 9 CMA CGM Group France $23,480 $23,480 100.0%
8 7 Mediterranean Shipping Co. Switzerland $22,892 $22,892 100.0%
9 8 Union Pacific Corp. United States $22,832 $22,832 100.0%
10 10 BNSF Railway United States $22,578 $23,855 94.6%
11 11 Indian Railways India $18,628 $26,092 71.4%
12 14 COSCO Shipping Group China $18,179 $18,179 100.0%
13 15 Deutsche Bahn AG Germany $13,630 $51,943 26.2%
14 17 Hapag-Lloyd AG Germany $13,586 $13,586 100.0%
15 20 SF Express China $13,547 $13,547 100.0%
16 18 Yamato Holdings Japan $12,262 $14,712 83.0%
17 16 CSX Corp. United States $12,250 $12,250 100.0%
18 13 NYK Group Japan $11,693 $18,281 64.0%
19 19 Norfolk Southern Corp. United States $11,458 $11,458 100.0%
20 22 Canadian National Railway Canada $10,747 $11,045 97.3%
21 12 Mitsui O.S.K Lines Japan $10,668 $11,311 94.3%
22 25 SG Holdings Japan $8,568 $10,353 82.8%
23 24 GeoPost Group France $8,306 $8,699 95.5%
24 21 Kawaski Kisen Kaisha Ltd. ( Japan $8,299 $8,299 100.0%
25 23 XPO Logistics United States $8,241 $17,279 47.7%
26 26 J.B. Hunt Transport Services United States $7,297 $8,615 84.7%
27 28 Canadian Pacific Railway Canada $5,516 $5,642 97.8%
28 31 Evergreen Marine Corp. Taiwan $5,210 $5,613 92.8%
29 29 YRC Worldwide United States $5,092 $5,092 100.0%
30 30 Knight-Swift Transportation United States $4,760 $5,344 89.1%
31 32 Hyundai Merchant Marine Co. South Korea $4,745 $4,745 100.0%
32 33 Yang Ming Marine Transport Corp. Taiwan $4,704 $4,704 100.0%
33 34 Transnet Group South Africa $4,275 $5,588 76.5%
34 35 Schneider United States $4,057 $4,977 81.5%
35 38 Old Dominion Freight Line United States $4,044 $4,044 100.0%
36 - General Logistics Systems Netherlands $3,850 $3,850 100.0%
37 36 TFI International Canada $3,746 $3,951 94.8%
38 40 Cathay Pacific Airways Hong Kong $3,613 $14,170 25.5%
39 37 Emirates Group United Arab Emirates $3,555 $26,147 13.6%
40 39 Nippon Express Japan $3,396 $19,245 17.6%
41 42 ZIM Integrated Shipping Services Israel $3,248 $3,248 100.0%
42 43 Lufthansa Group Germany $3,201 $42,292 7.6%
43 41 Toll Group Australia $3,128 $6,350 49.3%
44 49 Wallenius Wilhelmsen Group Norway $3,049 $4,063 75.0%
45 44 Pacific International Lines Singapore $2,800 $4,065 68.9%
46 46 Estes Express Lines United States $2,787 $3,186 87.5%
47 - Qatar Airways Qatar $2,753 $13,126 21.0%
48 47 Korean Air South Korea $2,737 $11,496 23.8%
49 45 Kansas City Southern United States $2,714 $2,714 100.0%
50 - Cargolux Luxembourg $2,634 $2,634 100.0%
About the Rankings...
Extras
Spending on ports projects has risen.
Companies and government agencies work to minimize effects of the E.U. departure.
Memphis International retains the top spot; Louisville honors boxing legend.
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, Top 100

UPS Produces Strong Q3 Earnings Amid E-Commerce Surge

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UPS Inc. reported strong financial results in the third quarter as a surge in deliveries to businesses and homes lifted the Atlanta-based carrier through the three-month period.

Dan Ronan | Associate News Editor
October 28, 2020
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Amazon, FedEx, UPS Boost US Warehouse Jobs Amid Online Boom

The warehousing and storage industry is one of the few sectors where employment is actually higher.

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U.S. Xpress Announces Strong Profit for Q3

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U.S. Xpress Enterprises posted increased earnings on a modest revenue gain during the third quarter, the fleet announced Oct. 22.

Connor D. Wolf | Staff Reporter
October 22, 2020
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Landstar System Reports Net Income, Revenue Increase for Q3

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Landstar System Inc. saw net income reach $61.9 million during the third quarter of 2020, the company reported Oct. 21.

Connor D. Wolf | Staff Reporter
October 21, 2020
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Canadian National Reports Q3 Drop in Earnings, Revenue

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For the second consecutive quarter, Canadian National Railway felt the impact of the COVID-19 pandemic when the Class I, Montreal-based railroad announced third-quarter earnings Oct. 20.

Dan Ronan | Associate News Editor
October 21, 2020
Business, Logistics, Top 50, Top 100

J.B. Hunt Reports Year-Over-Year Rise in Q3 Earnings, Revenue

J.B. Hunt trucks

J.B. Hunt Transport Services posted increased earnings and revenue in the third quarter year-over-year, the carrier announced Oct. 16.

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

Marten Reports 8.8% Climb in Earnings; Revenue Ticks Up

Marten Transport truck

Marten Transport saw net income increase 8.8% during the third quarter of 2020, the carrier reported Oct. 15.

Connor D. Wolf | Staff Reporter
October 16, 2020
Business, Technology, Logistics, Top 50

DHL Supply Chain Helps to Bolster Operations at Manheim Logistics

DHL control tower

DHL Supply Chain detailed Oct. 13 how it plans to use its technology and resources to help bolster operations at Manheim Logistics.

Connor D. Wolf | Staff Reporter
October 14, 2020
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Ware2Go Launches FulfillmentVu Technology Platform

Warehouse worker

Ware2Go launched a new technology platform Oct. 8 that combines warehouse management systems to help merchants meet customer expectations across all sales channels.

October 9, 2020
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Penske Truck Leasing Expands in Vermont

Penske maintenance

Penske Truck Leasing announced it opened a new facility in Essex Junction, Vt., to offer full-service truck leasing and contract truck fleet maintenance services.

October 9, 2020

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