Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.
October 25, 20182020 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% |
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% |

Extras
Top 50 News
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October 24, 2018AIT Worldwide Logistics Acquires WorldFresh Express
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October 19, 2018Beauty Retailer Feelunique, Seko Logistics Partner on Hong Kong Hub
Feelunique, a European online beauty retailer, has partnered with Seko Logistics to open a distribution hub in Hong Kong.
October 18, 2018Amazon, FedEx, UPS Could Gain from Trump Threat to Leave Postal Union
U.S. e-commerce companies including Amazon.com and shippers such as FedEx Corp. and UPS Inc. stand to gain from the Trump administration’s move Oct. 17 to withdraw from an international postal agreement.
October 18, 2018J.B. Hunt Revenue Soars, but Profits Lag in Third Quarter
J.B. Hunt Transport Services reported a big bump in revenue in the third quarter as higher rates boosted the top line for each of its four freight segments. Profits, however, did not keep pace as the company dealt with outstanding legal issues and absorbed start-up costs for several new large dedicated hauling contracts.
October 16, 2018XPO Logistics to Use 5,000 Robots in Warehouses
XPO Logistics said it plans to deploy 5,000 robots to work with humans in the company’s warehouses and distribution centers in North America, the United Kingdom and eight countries in Europe.
October 9, 2018