Landstar System reported an all-time record for quarterly net income in its second-quarter financial results.
July 21, 20212020 Top 50 Global Freight Carriers

Share
Up Front
Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share![]() |
---|---|---|---|---|---|---|
27 | 27 | Canadian Pacific Railway | Canada | $5,737 | $5,872 | 97.7% |
19 | 20 | Canadian National Railway | Canada | $10,953 | $11,241 | 97.4% |
9 | 10 | BNSF Railway | USA | $22,328 | $23,515 | 95.0% |
37 | 37 | TFI International | Canada | $3,691 | $3,902 | 94.6% |
1 | 1 | FedEx Corp. | USA | $64,690 | $69,189 | 93.5% |
28 | 28 | Evergreen Marine Corp. | Taiwan | $5,682 | $6,168 | 92.1% |
21 | 21 | Mitsui O.S.K Lines | Japan | $9,696 | $10,633 | 91.2% |
32 | 30 | Knight-Swift Transportation | USA | $4,408 | $4,844 | 91.0% |
4 | 4 | Maersk | Denmark | $34,839 | $38,890 | 89.6% |
45 | 46 | Estes Express Lines | USA | $2,818 | $3,254 | 86.6% |
2 | 2 | UPS Inc. | USA | $63,978 | $74,094 | 86.3% |
25 | 26 | J.B. Hunt Transport Services | USA | $7,829 | $9,165 | 85.4% |
22 | 22 | SG Holdings | Japan | $9,036 | $10,683 | 84.6% |
50 | - | Kazakhstan Temir Zholy | Kazakhstan | $2,499 | $2,974 | 84.0% |
16 | 16 | Yamato Holdings | Japan | $12,517 | $14,911 | 83.9% |
36 | 34 | Schneider | USA | $3,864 | $4,747 | 81.4% |
46 | - | Ukrainian Railways | Ukraine | $2,809 | $3,502 | 80.2% |
34 | 33 | Transnet Group | South Africa | $4,083 | $5,276 | 77.4% |
42 | 44 | Wallenius Wilhelmsen Group | Norway | $2,998 | $3,909 | 76.7% |
12 | 11 | Indian Railways | India | $19,036 | $26,991 | 70.5% |
49 | 45 | Pacific International Lines | Singapore | $2,639 | $3,831 | 68.9% |
6 | 5 | Russian Railways | Russia | $26,267 | $38,618 | 68.0% |
20 | 18 | NYK Group | Japan | $10,210 | $16,262 | 62.8% |
47 | 42 | Lufthansa Group | Germany | $2,775 | $41,061 | 6.8% |
44 | 43 | Toll Group | Australia | $2,870 | $5,827 | 49.3% |
24 | 25 | XPO Logistics | USA | $7,864 | $16,648 | 47.2% |
7 | 6 | Deutsche Post DHL Group | Germany | $24,265 | $70,940 | 34.2% |
3 | 3 | China Railway Corp. | China | $44,468 | $163,536 | 27.2% |
15 | 13 | Deutsche Bahn AG | Germany | $12,963 | $49,761 | 26.0% |
41 | 38 | Cathay Pacific Airways | Hong Kong | $3,039 | $13,653 | 22.3% |
48 | 47 | Qatar Airways | Qatar | $2,725 | $14,033 | 19.4% |
38 | 40 | Nippon Express | Japan | $3,604 | $19,305 | 18.7% |
40 | 39 | Emirates Group | UAE | $3,051 | $24,774 | 12.3% |
33 | 35 | Old Dominion Freight Line | USA | $4,109 | $4,109 | 100.0% |
35 | 36 | General Logistics Systems | Netherlands | $4,034 | $4,034 | 100.0% |
5 | 7 | CMA CGM Group | France | $30,254 | $30,254 | 100.0% |
39 | 41 | ZIM Integrated Shipping Services | Israel | $3,300 | $3,300 | 100.0% |
8 | 8 | Mediterranean Shipping Co. | Switzerland | $24,002 | $24,002 | 100.0% |
10 | 12 | COSCO Shipping Group | China | $21,787 | $21,787 | 100.0% |
11 | 9 | Union Pacific Corp. | USA | $21,708 | $21,708 | 100.0% |
43 | 49 | Kansas City Southern | USA | $2,886 | $2,886 | 100.0% |
13 | 15 | SF Express | China | $16,050 | $16,050 | 100.0% |
14 | 14 | Hapag-Lloyd AG | Germany | $14,121 | $14,121 | 100.0% |
17 | 17 | CSX Corp. | USA | $11,937 | $11,937 | 100.0% |
18 | 19 | Norfolk Southern Corp. | USA | $11,296 | $11,296 | 100.0% |
23 | 23 | GeoPost Group | France | $8,600 | $8,600 | 100.0% |
26 | 24 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $7,022 | $7,022 | 100.0% |
29 | 29 | Yellow Corp. | USA | $4,871 | $4,871 | 100.0% |
30 | 32 | Yang Ming Marine Transport Corp. | Taiwan | $4,828 | $4,828 | 100.0% |
31 | 31 | Hyundai Merchant Marine Co. | South Korea | $4,729 | $4,729 | 100.0% |

Extras
Top 50 News
DP World to Buy Imperial Logistics in $890 Million Bet on Africa
DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far.
July 8, 2021Port Operator DP World Buys Syncreon in $1.2 Billion Deal
One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.
July 1, 2021DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon
DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.
June 30, 2021FedEx Tops $20 Billion in Revenue for Third Straight Quarter
FedEx Corp. reported a surge in bottom-line results for its fiscal fourth quarter as e-commerce continued to fuel demand for the company’s services.
June 24, 2021XPO Announces GXO’s $800 Million Notes Offering
XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.
June 18, 2021DHL System Helps Shippers Balance Costs and Sustainability
DHL Supply Chain has developed a program that is designed to help shippers select carriers that are aligned with their environmental goals.
June 9, 2021XPO Says GXO Spinoff Should Be Completed by Q3
XPO Logistics has moved up the potential timeline to complete a spinoff of its logistics operations into a separate company, and also has provided updated financial guidance that forecasts strong growth for the planned independent company.
June 9, 2021J.B. Hunt Boosts Supply Chain Inclusivity With $1 Million Scholarship Fund
J.B. Hunt Transport Services and the University of Arkansas jointly endowed a $1 million scholarship fund June 2 to advance supply chain sustainability and inclusivity.
June 7, 2021XPO Logistics Announces SVP of Strategy for Spinoff GXO
XPO Logistics Inc. has appointed Angus Tweedie to be the senior vice president of strategy for its upcoming spinoff company GXO Logistics, the company announced May 19.
May 24, 2021