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 Yearsort descending Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
50 - Kazakhstan Temir Zholy Kazakhstan $2,499 $2,974 84.0%
46 - Ukrainian Railways Ukraine $2,809 $3,502 80.2%
1 1 FedEx Corp. USA $64,690 $69,189 93.5%
2 2 UPS Inc. USA $63,978 $74,094 86.3%
3 3 China Railway Corp. China $44,468 $163,536 27.2%
4 4 Maersk Denmark $34,839 $38,890 89.6%
6 5 Russian Railways Russia $26,267 $38,618 68.0%
7 6 Deutsche Post DHL Group Germany $24,265 $70,940 34.2%
5 7 CMA CGM Group France $30,254 $30,254 100.0%
8 8 Mediterranean Shipping Co. Switzerland $24,002 $24,002 100.0%
11 9 Union Pacific Corp. USA $21,708 $21,708 100.0%
9 10 BNSF Railway USA $22,328 $23,515 95.0%
12 11 Indian Railways India $19,036 $26,991 70.5%
10 12 COSCO Shipping Group China $21,787 $21,787 100.0%
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%
16 16 Yamato Holdings Japan $12,517 $14,911 83.9%
17 17 CSX Corp. USA $11,937 $11,937 100.0%
20 18 NYK Group Japan $10,210 $16,262 62.8%
18 19 Norfolk Southern Corp. USA $11,296 $11,296 100.0%
19 20 Canadian National Railway Canada $10,953 $11,241 97.4%
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%
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%
24 25 XPO Logistics USA $7,864 $16,648 47.2%
25 26 J.B. Hunt Transport Services USA $7,829 $9,165 85.4%
27 27 Canadian Pacific Railway Canada $5,737 $5,872 97.7%
28 28 Evergreen Marine Corp. Taiwan $5,682 $6,168 92.1%
29 29 Yellow Corp. USA $4,871 $4,871 100.0%
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%
34 33 Transnet Group South Africa $4,083 $5,276 77.4%
36 34 Schneider USA $3,864 $4,747 81.4%
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%
37 37 TFI International Canada $3,691 $3,902 94.6%
41 38 Cathay Pacific Airways Hong Kong $3,039 $13,653 22.3%
40 39 Emirates Group UAE $3,051 $24,774 12.3%
38 40 Nippon Express Japan $3,604 $19,305 18.7%
39 41 ZIM Integrated Shipping Services Israel $3,300 $3,300 100.0%
47 42 Lufthansa Group Germany $2,775 $41,061 6.8%
44 43 Toll Group Australia $2,870 $5,827 49.3%
42 44 Wallenius Wilhelmsen Group Norway $2,998 $3,909 76.7%
49 45 Pacific International Lines Singapore $2,639 $3,831 68.9%
45 46 Estes Express Lines USA $2,818 $3,254 86.6%
48 47 Qatar Airways Qatar $2,725 $14,033 19.4%
43 49 Kansas City Southern USA $2,886 $2,886 100.0%
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, TCA

Lineage Logistics Buys Three Oregon Processing Plants

Lineage Logistics building

The $49 million sale of NORPAC Foods’ Salem, Brooks and Stayton processing facilities in Oregon to cold storage giant Lineage Logistics was approved by U.S. Bankruptcy Court Judge Peter McKittrick on Jan. 14.

Bill Poehler | The Register-Guard (Eugene, Ore.)
January 15, 2020
Business, Logistics, Top 50

Tim Phillips Named CEO at Universal Logistics Holdings

Universal Logistics Holdings truck

Universal Logistics Holdings Inc. announced Jan. 13 that company veteran Tim Phillips has become its new CEO.

Connor D. Wolf | Staff Reporter
January 14, 2020
Business, Logistics, Top 50, Top 100

J.B. Hunt Acquires RDI Last Mile

J.B. Hunt truck on highway

J.B. Hunt Transport Services Inc. acquired the assets of RDI Last Mile Co. on Dec. 31, marking the company’s latest purchase of a final-mile service.

Jim Stinson | Staff Reporter
January 2, 2020
Business, Logistics, Top 50, Top 100

NFI Acquires G&P Trucking Co.

A G&P truck

Supply chain services provider NFI announced it completed the acquisition of G&P Trucking Co. Inc., a logistics provider specializing in asset-based transportation, port drayage and non-asset brokerage solutions in the Southeast.

December 30, 2019
Business, Logistics, Top 50, Top 100, TCA

XPO to Close Missouri Logistics Facility, Wiping Out 166 Jobs

XPO Logistics truck

HAZELWOOD, Mo. — A logistics facility will close here, eliminating 166 jobs, according to a notice filed with the state.

Annika Merrilees | St. Louis Post-Dispatch
December 13, 2019
Business, Logistics, Top 50, TCA

3PL Giant Kenco Offers Residential Delivery

Kenco truck

Logistics giant Kenco has started offering “white glove” home delivery of merchandise for some of its business customers in five areas of the country, including Chattanooga, Tenn., with plans to expand the service.

Mike Pare | Chattanooga (Tenn.) Times Free Press
December 2, 2019
Business, Technology, Logistics, Top 50, Top 100

Schneider Launches Load-Booking Tool for Third Parties

Schneider truck

Schneider launched an automated tool that enables third-party carriers to instantly book loads with the click of a button, the carrier said in a Nov. 26 news release.

November 27, 2019
Business, Logistics, Top 50, TCA

Integrity Express Logistics Expands Tampa Office

Integrity Express Logistics truck

TAMPA, Fla. — Integrity Express Logistics plans to add 50 or more employees earning an average of at least $60,165 a year as part of an expansion of its Tampa regional office.

Richard Danielson | Tampa Bay Times (St. Petersburg, Fla.)
November 21, 2019
Business, Logistics, Top 50, TCA

Logistics Firm Mode Reaches Agreement in $2.3 Billion Merger With SunteckTTS

SunteckTTS office

Dallas-based Mode Transportation and SunteckTTS Inc. have reached an agreement to merge the two transportation and logistics companies under the Mode branding, generating more than $2 billion in annual revenue, according to a release.

Dom DiFurio | The Dallas Morning News
November 19, 2019
Government, Business, Top 50

A New Era in Global Trade

Trump and Chinese President Xi Jingping in 2018.

Ongoing trade negotiations among the United States and many of its key global trading partners have ushered in a time of change and uncertainty for many international shippers.

Dan Ronan | Associate News Editor
November 18, 2019

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