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 Headquarterssort descending 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...
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.
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