The latest warning sign for U.S. stocks is emerging from a corner of the market that investors closely watch to get a read on the state of the economy and the health of American consumers: Transportation shares.
April 4, 20222020 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 |
|---|---|---|---|---|---|---|
| 50 | - | Kazakhstan Temir Zholy | Kazakhstan | $2,499 | $2,974 | 84.0% |
| 49 | 45 | Pacific International Lines | Singapore | $2,639 | $3,831 | 68.9% |
| 48 | 47 | Qatar Airways | Qatar | $2,725 | $14,033 | 19.4% |
| 47 | 42 | Lufthansa Group | Germany | $2,775 | $41,061 | 6.8% |
| 46 | - | Ukrainian Railways | Ukraine | $2,809 | $3,502 | 80.2% |
| 45 | 46 | Estes Express Lines | USA | $2,818 | $3,254 | 86.6% |
| 44 | 43 | Toll Group | Australia | $2,870 | $5,827 | 49.3% |
| 43 | 49 | Kansas City Southern | USA | $2,886 | $2,886 | 100.0% |
| 42 | 44 | Wallenius Wilhelmsen Group | Norway | $2,998 | $3,909 | 76.7% |
| 41 | 38 | Cathay Pacific Airways | Hong Kong | $3,039 | $13,653 | 22.3% |
| 40 | 39 | Emirates Group | UAE | $3,051 | $24,774 | 12.3% |
| 39 | 41 | ZIM Integrated Shipping Services | Israel | $3,300 | $3,300 | 100.0% |
| 38 | 40 | Nippon Express | Japan | $3,604 | $19,305 | 18.7% |
| 37 | 37 | TFI International | Canada | $3,691 | $3,902 | 94.6% |
| 36 | 34 | Schneider | USA | $3,864 | $4,747 | 81.4% |
| 35 | 36 | General Logistics Systems | Netherlands | $4,034 | $4,034 | 100.0% |
| 34 | 33 | Transnet Group | South Africa | $4,083 | $5,276 | 77.4% |
| 33 | 35 | Old Dominion Freight Line | USA | $4,109 | $4,109 | 100.0% |
| 32 | 30 | Knight-Swift Transportation | USA | $4,408 | $4,844 | 91.0% |
| 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% |
| 29 | 29 | Yellow Corp. | USA | $4,871 | $4,871 | 100.0% |
| 28 | 28 | Evergreen Marine Corp. | Taiwan | $5,682 | $6,168 | 92.1% |
| 27 | 27 | Canadian Pacific Railway | Canada | $5,737 | $5,872 | 97.7% |
| 26 | 24 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $7,022 | $7,022 | 100.0% |
| 25 | 26 | J.B. Hunt Transport Services | USA | $7,829 | $9,165 | 85.4% |
| 24 | 25 | XPO Logistics | USA | $7,864 | $16,648 | 47.2% |
| 23 | 23 | GeoPost Group | France | $8,600 | $8,600 | 100.0% |
| 22 | 22 | SG Holdings | Japan | $9,036 | $10,683 | 84.6% |
| 21 | 21 | Mitsui O.S.K Lines | Japan | $9,696 | $10,633 | 91.2% |
| 20 | 18 | NYK Group | Japan | $10,210 | $16,262 | 62.8% |
| 19 | 20 | Canadian National Railway | Canada | $10,953 | $11,241 | 97.4% |
| 18 | 19 | Norfolk Southern Corp. | USA | $11,296 | $11,296 | 100.0% |
| 17 | 17 | CSX Corp. | USA | $11,937 | $11,937 | 100.0% |
| 16 | 16 | Yamato Holdings | Japan | $12,517 | $14,911 | 83.9% |
| 15 | 13 | Deutsche Bahn AG | Germany | $12,963 | $49,761 | 26.0% |
| 14 | 14 | Hapag-Lloyd AG | Germany | $14,121 | $14,121 | 100.0% |
| 13 | 15 | SF Express | China | $16,050 | $16,050 | 100.0% |
| 12 | 11 | Indian Railways | India | $19,036 | $26,991 | 70.5% |
| 11 | 9 | Union Pacific Corp. | USA | $21,708 | $21,708 | 100.0% |
| 10 | 12 | COSCO Shipping Group | China | $21,787 | $21,787 | 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% |
| 6 | 5 | Russian Railways | Russia | $26,267 | $38,618 | 68.0% |
| 5 | 7 | CMA CGM Group | France | $30,254 | $30,254 | 100.0% |
| 4 | 4 | Maersk | Denmark | $34,839 | $38,890 | 89.6% |
| 3 | 3 | China Railway Corp. | China | $44,468 | $163,536 | 27.2% |
| 2 | 2 | UPS Inc. | USA | $63,978 | $74,094 | 86.3% |
| 1 | 1 | FedEx Corp. | USA | $64,690 | $69,189 | 93.5% |
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
Government, Business, Logistics, Top 50 
DeJoy Says He’s Been Cleared in Federal Probe
WASHINGTON — Postmaster General Louis DeJoy said March 31 that the Justice Department has closed without criminal charges an investigation into political fundraising activity at his former business.
March 31, 2022 Government, Business, Top 50 
Secretary Walsh Optimistic About Port Workers’ Contract Talks
CARLISLE, Pa. — Labor Secretary Marty Walsh is optimistic that upcoming labor negotiations for workers at West Coast ports will progress smoothly, noting the critical role that dockworkers and port drivers play in keeping supply chains moving.
March 30, 2022 Business, Technology, Logistics, Autonomous, Top 50 
Ceva, Kodiak Launch Autonomous Deliveries to Oklahoma
Ceva Logistics announced it teamed up with autonomous commercial vehicle technology company Kodiak Robotics Inc. to deliver freight autonomously between Dallas-Fort Worth and Oklahoma City, expanding on an existing relationship.
March 9, 2022 Business, Logistics, Breaking News, Top 50 
XPO to Split LTL, Freight Brokerage Businesses
XPO Logistics is creating two new, stand-alone, publicly traded companies in the less-than-truckload and tech-enabled brokered transportation sector, the company announced March 8.
March 9, 2022 Government, Business, Logistics, Top 50 
Port of Baltimore Announces Expansion
The Port of Baltimore on March 7 announced it is expanding container business at its Seagirt Marine Terminal as the Israeli-based ZIM Shipping Line will begin calls at the facility this summer.
March 8, 2022 Business, Logistics, Top 50 
Brokers Expect Rising Contract Rates for 2022
Freight brokerage firms are anticipating that contract rates will keep rising this year, with a slowdown not expected until year’s end.
March 3, 2022 Business, Logistics, Top 50 
GXO, Clipper Boards Agree to Terms on Acquisition
The GXO Logistics and Clipper Logistics boards of directors on Feb. 28 said they have agreed to terms on the contract logistics company’s previously announced potential acquisition of Clipper.
February 28, 2022 Business, Logistics, Top 50 
Americold Narrows Loss, Names George Chappelle New CEO
Refrigerated warehouse operator Americold Realty Trust narrowed its loss in the fourth quarter and posted a large gain in revenue. It also made interim CEO George Chappelle’s position permanent.
February 25, 2022 Business, Logistics, Top 50, TCA 
DHL Express Sues City Over Possible Lockout at San Antonio Airport
International shipping services provider DHL Express has operated at San Antonio International Airport for more than 30 years, but it’s facing a possible lockout over an alleged lease violation.
February 17, 2022Pages
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