CSX Corp. announced fourth-quarter and year-end earnings that beat Wall Street analysts’ expectations after the markets closed Jan. 20.
January 21, 20222020 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 |
|---|---|---|---|---|---|---|
| 44 | 43 | Toll Group | Australia | $2,870 | $5,827 | 49.3% |
| 37 | 37 | TFI International | Canada | $3,691 | $3,902 | 94.6% |
| 19 | 20 | Canadian National Railway | Canada | $10,953 | $11,241 | 97.4% |
| 27 | 27 | Canadian Pacific Railway | Canada | $5,737 | $5,872 | 97.7% |
| 3 | 3 | China Railway Corp. | China | $44,468 | $163,536 | 27.2% |
| 10 | 12 | COSCO Shipping Group | China | $21,787 | $21,787 | 100.0% |
| 13 | 15 | SF Express | China | $16,050 | $16,050 | 100.0% |
| 4 | 4 | Maersk | Denmark | $34,839 | $38,890 | 89.6% |
| 5 | 7 | CMA CGM Group | France | $30,254 | $30,254 | 100.0% |
| 23 | 23 | GeoPost Group | France | $8,600 | $8,600 | 100.0% |
| 7 | 6 | Deutsche Post DHL Group | Germany | $24,265 | $70,940 | 34.2% |
| 14 | 14 | Hapag-Lloyd AG | Germany | $14,121 | $14,121 | 100.0% |
| 47 | 42 | Lufthansa Group | Germany | $2,775 | $41,061 | 6.8% |
| 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% |
| 12 | 11 | Indian Railways | India | $19,036 | $26,991 | 70.5% |
| 39 | 41 | ZIM Integrated Shipping Services | Israel | $3,300 | $3,300 | 100.0% |
| 38 | 40 | Nippon Express | Japan | $3,604 | $19,305 | 18.7% |
| 16 | 16 | Yamato Holdings | Japan | $12,517 | $14,911 | 83.9% |
| 20 | 18 | NYK Group | Japan | $10,210 | $16,262 | 62.8% |
| 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% |
| 26 | 24 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $7,022 | $7,022 | 100.0% |
| 50 | - | Kazakhstan Temir Zholy | Kazakhstan | $2,499 | $2,974 | 84.0% |
| 35 | 36 | General Logistics Systems | Netherlands | $4,034 | $4,034 | 100.0% |
| 42 | 44 | Wallenius Wilhelmsen Group | Norway | $2,998 | $3,909 | 76.7% |
| 48 | 47 | Qatar Airways | Qatar | $2,725 | $14,033 | 19.4% |
| 6 | 5 | Russian Railways | Russia | $26,267 | $38,618 | 68.0% |
| 49 | 45 | Pacific International Lines | Singapore | $2,639 | $3,831 | 68.9% |
| 34 | 33 | Transnet Group | South Africa | $4,083 | $5,276 | 77.4% |
| 31 | 31 | Hyundai Merchant Marine Co. | South Korea | $4,729 | $4,729 | 100.0% |
| 8 | 8 | Mediterranean Shipping Co. | Switzerland | $24,002 | $24,002 | 100.0% |
| 28 | 28 | Evergreen Marine Corp. | Taiwan | $5,682 | $6,168 | 92.1% |
| 30 | 32 | Yang Ming Marine Transport Corp. | Taiwan | $4,828 | $4,828 | 100.0% |
| 40 | 39 | Emirates Group | UAE | $3,051 | $24,774 | 12.3% |
| 46 | - | Ukrainian Railways | Ukraine | $2,809 | $3,502 | 80.2% |
| 32 | 30 | Knight-Swift Transportation | USA | $4,408 | $4,844 | 91.0% |
| 33 | 35 | Old Dominion Freight Line | USA | $4,109 | $4,109 | 100.0% |
| 1 | 1 | FedEx Corp. | USA | $64,690 | $69,189 | 93.5% |
| 2 | 2 | UPS Inc. | USA | $63,978 | $74,094 | 86.3% |
| 36 | 34 | Schneider | USA | $3,864 | $4,747 | 81.4% |
| 9 | 10 | BNSF Railway | USA | $22,328 | $23,515 | 95.0% |
| 43 | 49 | Kansas City Southern | USA | $2,886 | $2,886 | 100.0% |
| 11 | 9 | Union Pacific Corp. | USA | $21,708 | $21,708 | 100.0% |
| 45 | 46 | Estes Express Lines | USA | $2,818 | $3,254 | 86.6% |
| 17 | 17 | CSX Corp. | USA | $11,937 | $11,937 | 100.0% |
| 18 | 19 | Norfolk Southern Corp. | USA | $11,296 | $11,296 | 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% |
| 29 | 29 | Yellow Corp. | USA | $4,871 | $4,871 | 100.0% |
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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J.B. Hunt Reports Higher Profit, Revenue for Q4 2021
J.B. Hunt Transport Services on Jan. 18 announced higher earnings and revenue for the fourth quarter of 2021.
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Werner Enterprises Integrates With Decisiv to Expand Repair Network
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Werner, TFI Bolster Operations With Acquisitions
Werner Enterprises and TFI International completed separate acquisitions Nov. 29 to bolster their operations.
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Royal Mail Hands $540 Million to Investors on Parcel Windfall
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November 18, 2021Pages
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