2020 Top 50 Global Freight Carriers

2020 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
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Up Front
Freight carriers across the world experienced dramatic market shifts and volume swings in 2020.
The new trade deal between U.S., Mexico and Canada provides market certainty for North American trade.
The world’s largest freight carriers have navigated unprecedented circumstances due to the coronavirus pandemic.
Rank This Year Rank Last Year Companysort descending Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
2 2 UPS Inc. USA $63,978 $74,094 86.3%
1 1 FedEx Corp. USA $64,690 $69,189 93.5%
25 26 J.B. Hunt Transport Services USA $7,829 $9,165 85.4%
29 29 Yellow Corp. USA $4,871 $4,871 100.0%
36 34 Schneider USA $3,864 $4,747 81.4%
37 37 TFI International Canada $3,691 $3,902 94.6%
33 35 Old Dominion Freight Line USA $4,109 $4,109 100.0%
24 25 XPO Logistics USA $7,864 $16,648 47.2%
45 46 Estes Express Lines USA $2,818 $3,254 86.6%
3 3 China Railway Corp. China $44,468 $163,536 27.2%
4 4 Maersk Denmark $34,839 $38,890 89.6%
11 9 Union Pacific Corp. USA $21,708 $21,708 100.0%
9 10 BNSF Railway USA $22,328 $23,515 95.0%
8 8 Mediterranean Shipping Co. Switzerland $24,002 $24,002 100.0%
7 6 Deutsche Post DHL Group Germany $24,265 $70,940 34.2%
12 11 Indian Railways India $19,036 $26,991 70.5%
20 18 NYK Group Japan $10,210 $16,262 62.8%
15 13 Deutsche Bahn AG Germany $12,963 $49,761 26.0%
17 17 CSX Corp. USA $11,937 $11,937 100.0%
26 24 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $7,022 $7,022 100.0%
18 19 Norfolk Southern Corp. USA $11,296 $11,296 100.0%
19 20 Canadian National Railway Canada $10,953 $11,241 97.4%
14 14 Hapag-Lloyd AG Germany $14,121 $14,121 100.0%
13 15 SF Express China $16,050 $16,050 100.0%
23 23 GeoPost Group France $8,600 $8,600 100.0%
27 27 Canadian Pacific Railway Canada $5,737 $5,872 97.7%
31 31 Hyundai Merchant Marine Co. South Korea $4,729 $4,729 100.0%
30 32 Yang Ming Marine Transport Corp. Taiwan $4,828 $4,828 100.0%
34 33 Transnet Group South Africa $4,083 $5,276 77.4%
28 28 Evergreen Marine Corp. Taiwan $5,682 $6,168 92.1%
50 - Kazakhstan Temir Zholy Kazakhstan $2,499 $2,974 84.0%
44 43 Toll Group Australia $2,870 $5,827 49.3%
39 41 ZIM Integrated Shipping Services Israel $3,300 $3,300 100.0%
46 - Ukrainian Railways Ukraine $2,809 $3,502 80.2%
40 39 Emirates Group UAE $3,051 $24,774 12.3%
41 38 Cathay Pacific Airways Hong Kong $3,039 $13,653 22.3%
47 42 Lufthansa Group Germany $2,775 $41,061 6.8%
38 40 Nippon Express Japan $3,604 $19,305 18.7%
6 5 Russian Railways Russia $26,267 $38,618 68.0%
5 7 CMA CGM Group France $30,254 $30,254 100.0%
21 21 Mitsui O.S.K Lines Japan $9,696 $10,633 91.2%
49 45 Pacific International Lines Singapore $2,639 $3,831 68.9%
43 49 Kansas City Southern USA $2,886 $2,886 100.0%
32 30 Knight-Swift Transportation USA $4,408 $4,844 91.0%
16 16 Yamato Holdings Japan $12,517 $14,911 83.9%
22 22 SG Holdings Japan $9,036 $10,683 84.6%
42 44 Wallenius Wilhelmsen Group Norway $2,998 $3,909 76.7%
35 36 General Logistics Systems Netherlands $4,034 $4,034 100.0%
10 12 COSCO Shipping Group China $21,787 $21,787 100.0%
48 47 Qatar Airways Qatar $2,725 $14,033 19.4%
About the Rankings...
Extras
Seaports have experienced huge volume swings in 2020.
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
North America’s busiest cargo airports.
Learn more about Transport Topics’ Top 50 Global Freight Carriers publication.
Find out where the Top 50 Global Freight Carriers are based.
FedEx and UPS face their biggest test yet amid e-commerce growth and early holiday shopping.
Top 50 News
Business, Technology, Logistics, Top 50, Top 100

UPS Expands Keyless Apartment-Building Entry That Started in NYC

UPS Worker

United Parcel Service Inc. is expanding a keyless-entry system for package deliveries at apartment buildings after a successful test in New York and San Francisco.

Thomas Black | Bloomberg News
January 22, 2019
Government, Business, Logistics, Top 50, TCA

US Factories Brace for Sting of 2019 Trade War

Factory Worker

America’s manufacturers are scrambling to change the way they do business — from finding new suppliers to shifting more finishing work overseas — as the sting of tariffs begins to take a bigger toll on their bottom lines.

Dee DePass | Star Tribune (Minneapolis)
January 15, 2019
Business, Logistics, Top 50, Top 100

J.B. Hunt Moves Aggressively Into Final-Mile Sector With Purchase

J.B. Hunt

In an effort to strengthen its position in the growing final-mile trucking sector, J.B. Hunt on Jan. 8 announced it is purchasing Cory 1st Choice Home Delivery for $100 million.

Dan Ronan | Associate News Editor
January 9, 2019
Business, Equipment, Logistics, Top 50, Top 100

Fleets Reap Riches by Expanding Into Last-Mile Service

Delivery

Truck driver Justin Osborne pulled up to a house in the Dallas suburbs last month and started unloading an oven, a dishwasher and a microwave. His mission: Help J.B. Hunt Transport Services Inc. win the battle for new delivery riches spurred by e-commerce.

Thomas Black | Bloomberg News
January 9, 2019
Government, Business, Logistics, Top 50, Top 100

Trucking Industry Expected to See Slower Growth in 2019

Nussbaum Transportation truck

After a 2018 that saw record-setting levels of freight-hauling demand and driver pay as tonnage levels reached a 20-year high, the trucking industry is expected to remain strong in 2019 but undergo a bit of a cool-down, economists say.

Dan Ronan | Associate News Editor
January 7, 2019
Business, Logistics, Top 50, Top 100, TCA

Holiday Shipping Deadlines for Amazon, USPS, UPS, FedEx

UPS

Procrastinators take note: The deadline is fast approaching to get those gifts in the mail to arrive by Christmas Eve.

Doreen Christensen | Sun Sentinel
December 13, 2018
Government, Business, Safety, Top 50

Virginia Transportation Leaders Approve I-81 Improvement Plan

Interstate 81 traffic jam in Virginia

Virginia’s Commonwealth Transportation Board has approved a plan that weighs the possibility of tolls to address some of the issues that affect Interstate 81.

Eleanor Lamb | Staff Reporter
December 11, 2018
Business, Logistics, Top 50, Top 100, TCA

Online Holiday Shopping Expected to Logjam Delivery

USPS

Delivery companies are warning shoppers to send holiday gifts and make online purchases within the next 10 days as a record number of packages are expected to be delivered.

Holly Shively | Daily News (Dayton, Ohio)
December 10, 2018
Business, Logistics, Top 50

Freight Forwarder BDP International Selects Greenbriar as Equity Partner

Freight forwarder BDP International has selected Greenbriar Equity Group, a New York-based investment firm, as its first strategic equity partner, according to a statement issued by the company Dec. 6.

December 6, 2018
Government, Technology, Logistics, Top 50

DHL Turns to Robots to Equip US Warehouses for E-Commerce

DHL

Worldwide delivery service DHL is deploying artificial intelligence, self-driving vehicles and product-picking robots at its warehouses in North America to help handle the surge in e-commerce demand.

Thomas Black | Bloomberg News
November 30, 2018

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