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

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Up Front
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% |

Extras
Top 50 News
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February 17, 2022