UPS Inc. appointed Nicole Clifton as president of Social Impact and The UPS Foundation, effective Nov. 1.
September 25, 20202020 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 |
|---|---|---|---|---|---|---|
| 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 | Maersk | 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...
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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.
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September 3, 2020Pages
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