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, Logistics, Top 50

C.H. Robinson Acquires Spanish Freight Forwarder Space Cargo Group

C.H. Robinson truck

C.H. Robinson Worldwide, in a move to bolster its international freight business, has purchased The Space Cargo Group, a company based in Madrid that provides freight forwarding, customs brokerage and other logistic services in Spain and Colombia, for $48 million in cash.

March 1, 2019
Business, Top 50

Universal Logistics Reports Record Revenue in 4Q, 2018

Universal Logistics

Universal Logistics Holdings Inc. reported its best quarter ever, marking its eighth consecutive reporting period in which a revenue record was set.

February 25, 2019
Business, Logistics, Top 50

Americold Completes First Year as Public Company With Solid Financial Results

Americold facility in Mableton, Ga.

Warehouse operator Americold completed its first year as a public company by reporting solid gains in revenue and higher operating profits in the fourth quarter of 2018.

Daniel P. Bearth | Senior Staff Writer
February 21, 2019
Business, Top 50

J.B. Hunt Finalizes Acquisition of Cory 1st Choice Home Delivery

Workers for Cory 1st Choice Home Delivery unload furniture.

J.B. Hunt Transport Services completed the purchase of Cory 1st Choice Home Delivery on Feb. 15, the Lowell, Ark.-based transportation company and logistics firm announced.

February 19, 2019
Government, Business, Logistics, Top 50

XPO’s Brad Jacobs Hits Brakes on M&As

XPO Logistics

After building a fortune and several businesses by buying company after company, XPO Logistics Inc. CEO Brad Jacobs is abandoning acquisitions, a principal reason many investors bought into the stock.

Thomas Black | Bloomberg News
February 19, 2019
Government, Business, Logistics, Top 50, TCA

XPO Denies Memphis Plant Closing Is Retaliation

XPO Logistics

XPO Logistics Inc. confirmed Feb. 14 that it will close a facility in Memphis, Tenn., where some employees have made allegations of pregnancy discrimination and sexual harassment, and the next day CEO Brad Jacobs said a customer's request prompted the decision.

Paul Schott | The Advocate (Stamford, Conn.)
February 19, 2019
Business, Logistics, Top 50

Montreal Firm FLS Transportation Services Acquires Scott Logistics

FLS Transportation Services, a Montreal-based 3PL, has announced the acquisition of Scott Logistics Corp., a freight broker headquartered in Georgia.

February 15, 2019
Business, Logistics, Top 50, Top 100

XPO Logistics Reports Disappointing Earnings

XPO Logistics truck

XPO Logistics reported disappointing earnings for the fourth quarter of 2018 and lowered its guidance for 2019 due, in large part, to a sharp drop-off in shipments from its largest customer — believed to be Amazon.com.

Daniel P. Bearth | Senior Staff Writer
February 14, 2019
Business, Logistics, Top 50

Redwood Logistics Acquires Strive Logistics

Dispatchers at Redwood Logistics' Chicago office

Redwood Logistics said it is acquiring Strive Logistics, a move that will create a multimodal freight brokerage firm with more than $1 billion in freight under management.

February 13, 2019
Business, Top 50

C.H. Robinson Names Bob Biesterfeld as CEO

C.H. Robinson

Logistics company C.H. Robinson announced that Chief Operating Officer Bob Biesterfeld will rise to the post of CEO on May 9 through a planned succession. Biesterfeld will replace John Wiehoff, who has been in the job for 17 years, the company said in a Feb. 11 press release.

Marissa Gamache | Online Reporter
February 13, 2019

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