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

Greenbriar Reportedly Considers Sale of BDP International

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Greenbriar Equity Group is exploring a sale of BDP International that could value the logistics company at more than $1.5 billion including debt, people with knowledge of the matter said.

October 8, 2021
Business, Technology, Logistics, Autonomous, Top 50

GXO, Abercrombie & Fitch to Open Automated Distribution Center

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GXO Logistics and Abercrombie & Fitch Co. announced an agreement Oct. 6 to open a new distribution center that will blend traditional staffing with automation.

Connor D. Wolf | Staff Reporter
October 6, 2021
Business, Technology, Logistics, Top 50

C.H. Robinson Releases Spot Market Navigation Tool

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C.H. Robinson launched a new tool to help businesses navigate spot market costs, the company announced Sept. 20.

Connor D. Wolf | Staff Reporter
September 22, 2021
Business, Top 50, Top 100

J.B. Hunt Celebrates 60 Years in Business

J.B. Hunt

J.B. Hunt Transport Services marked its 60th anniversary last month during a virtual event that included a company founder.

September 10, 2021
Business, Logistics, Top 50

Echo Global Logistics to Go Private in $1.3 Billion Buyout

Echo Global Logistics office

Echo Global Logistics has entered a definitive agreement to be acquired by global private equity firm The Jordan Co., the companies announced Sept. 10.

Connor D. Wolf | Staff Reporter
September 10, 2021
Business, Logistics, Top 50

Deutsche Post to Buy Logistics Firm Hillebrand for $1.8 Billion

DHL

Deutsche Post AG has agreed to acquire German logistics company Hillebrand for about 1.5 billion euros ($1.8 billion).

August 17, 2021
Business, Logistics, Top 50

GlobalTranz, Worldwide Express Chart Course After Merger

GlobalTranz-Worldwide Express merger image

The recent merger of GlobalTranz Enterprises and Worldwide Express is still in the getting-to-know-you phase and steps are being discussed to become fully integrated, executives from both companies said.

Connor D. Wolf | Staff Reporter
August 13, 2021
Business, Logistics, Top 50, Top 100

XPO Logistics Spinoff GXO Officially Goes Public

GXO

XPO Logistics Inc.'s completion of its spinoff of GXO Logistics Inc. as a publicly traded pure-play contract logistics provider culminated with GXO officials ringing the New York Stock Exchange opening bell Aug. 2.

Connor D. Wolf and Dan Ronan | Staff Reporters
August 2, 2021
Business, Logistics, Top 50

Universal Logistics Reports $422.8 Million Revenue for Q2

Universal Logistics Holdings truck

Universal Logistics Holdings saw revenue and earnings gains during the second quarter of 2021, the company reported July 29.

Connor D. Wolf | Staff Reporter
July 30, 2021
Business, Top 50, Top 100

Werner Reports Q2 Record for Net Income

Werner

Werner Enterprises posted record results for net income, operating income and diluted earnings per share during the second quarter, the company announced.

Connor D. Wolf | Staff Reporter
July 30, 2021

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