Swiss freight forwarder Kuehne + Nagel International AG has purchased Quick International Courier, a leading provider of time-critical transportation services, from The Jordan Co., an investment firm that has been on a logistics buying spree over the past couple of years.
November 28, 20182020 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 | Company | 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...
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Learn more about Transport Topics’ Top 50 Global Freight Carriers publication.
FedEx and UPS face their biggest test yet amid e-commerce growth and early holiday shopping.
Top 50 News
Business, Logistics, Top 50, Top 100 
Kuehne + Nagel Continues Acquisition Strategy, Buys Quick International Courier
Government, Business, Logistics, Top 50, Top 100, TCA 
Increase in Online Shopping Could Lead to Package Delays
Area shoppers will want to purchase their holiday gifts earlier this year, as a major jump in online holiday shopping could complicate the delivery system.
November 19, 2018 Business, Technology, Logistics, Top 50 
DHL Opens Another Bay Area Facility
DHL has opened a $12 million, 39,000-square-foot service center facility in Sunnyvale, Calif., a move the company said it made to serve shipping needs of the region’s startups and global technology companies.
November 14, 2018 Top 50 
About Us: Transport Topics Top 50 Global Freight Carriers
The Transport Topics Top 50 Global Freight Carriers is a listing of the largest package, truck, rail, air and ocean carriers in the world.
November 12, 2018 Business, Top 50 
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, 2018 Business, Logistics, Top 50 
Expeditors 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, 2018 Business, Logistics, Top 50, Top 100 
Hub 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, 2018 Business, Logistics, Top 50, Top 100 
FedEx 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, 2018 Government, Business, Top 50, Top 100 
Schneider’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, 2018 Business, Technology, Logistics, Top 50 
African 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, 2018Pages
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