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 Yearsort descending Rank Last Year Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
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 The Maersk Group Denmark $34,839 $38,890 89.6%
5 7 CMA CGM Group France $30,254 $30,254 100.0%
6 5 Russian Railways Russia $26,267 $38,618 68.0%
7 6 Deutsche Post DHL Group Germany $24,265 $70,940 34.2%
8 8 Mediterranean Shipping Co. Switzerland $24,002 $24,002 100.0%
9 10 BNSF Railway USA $22,328 $23,515 95.0%
10 12 COSCO Shipping Group China $21,787 $21,787 100.0%
11 9 Union Pacific Corp. USA $21,708 $21,708 100.0%
12 11 Indian Railways India $19,036 $26,991 70.5%
13 15 SF Express China $16,050 $16,050 100.0%
14 14 Hapag-Lloyd AG Germany $14,121 $14,121 100.0%
15 13 Deutsche Bahn AG Germany $12,963 $49,761 26.0%
16 16 Yamato Holdings Japan $12,517 $14,911 83.9%
17 17 CSX Corp. USA $11,937 $11,937 100.0%
18 19 Norfolk Southern Corp. USA $11,296 $11,296 100.0%
19 20 Canadian National Railway Canada $10,953 $11,241 97.4%
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%
23 23 GeoPost Group France $8,600 $8,600 100.0%
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%
26 24 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $7,022 $7,022 100.0%
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%
30 32 Yang Ming Marine Transport Corp. Taiwan $4,828 $4,828 100.0%
31 31 Hyundai Merchant Marine Co. South Korea $4,729 $4,729 100.0%
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%
34 33 Transnet Group South Africa $4,083 $5,276 77.4%
35 36 General Logistics Systems Netherlands $4,034 $4,034 100.0%
36 34 Schneider USA $3,864 $4,747 81.4%
37 37 TFI International Canada $3,691 $3,902 94.6%
38 40 Nippon Express Japan $3,604 $19,305 18.7%
39 41 ZIM Integrated Shipping Services Israel $3,300 $3,300 100.0%
40 39 Emirates Group UAE $3,051 $24,774 12.3%
41 38 Cathay Pacific Airways Hong Kong $3,039 $13,653 22.3%
42 44 Wallenius Wilhelmsen Group Norway $2,998 $3,909 76.7%
43 49 Kansas City Southern USA $2,886 $2,886 100.0%
44 43 Toll Group Australia $2,870 $5,827 49.3%
45 46 Estes Express Lines USA $2,818 $3,254 86.6%
46 - Ukrainian Railways Ukraine $2,809 $3,502 80.2%
47 42 Lufthansa Group Germany $2,775 $41,061 6.8%
48 47 Qatar Airways Qatar $2,725 $14,033 19.4%
49 45 Pacific International Lines Singapore $2,639 $3,831 68.9%
50 - Kazakhstan Temir Zholy Kazakhstan $2,499 $2,974 84.0%
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
Government, Business, Safety, Top 50

Virginia Transportation Leaders Approve I-81 Improvement Plan

Interstate 81 traffic jam in Virginia

Virginia’s Commonwealth Transportation Board has approved a plan that weighs the possibility of tolls to address some of the issues that affect Interstate 81.

Eleanor Lamb | Staff Reporter
December 11, 2018
Business, Logistics, Top 50, Top 100, TCA

Online Holiday Shopping Expected to Logjam Delivery

USPS

Delivery companies are warning shoppers to send holiday gifts and make online purchases within the next 10 days as a record number of packages are expected to be delivered.

Holly Shively | Daily News (Dayton, Ohio)
December 10, 2018
Business, Logistics, Top 50

Freight Forwarder BDP International Selects Greenbriar as Equity Partner

Freight forwarder BDP International has selected Greenbriar Equity Group, a New York-based investment firm, as its first strategic equity partner, according to a statement issued by the company Dec. 6.

December 6, 2018
Government, Technology, Logistics, Top 50

DHL Turns to Robots to Equip US Warehouses for E-Commerce

DHL

Worldwide delivery service DHL is deploying artificial intelligence, self-driving vehicles and product-picking robots at its warehouses in North America to help handle the surge in e-commerce demand.

Thomas Black | Bloomberg News
November 30, 2018
Business, Logistics, Top 50, Top 100

Kuehne + Nagel Continues Acquisition Strategy, Buys Quick International Courier

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Swiss freight forwarder Kuehne + Nagel International AG has purchased Quick International Courier, a leading provider of time-critical transportation services, from The Jordan Co., an investment firm that has been on a logistics buying spree over the past couple of years.

Daniel P. Bearth | Staff Writer
November 28, 2018
Government, Business, Logistics, Top 50, Top 100, TCA

Increase in Online Shopping Could Lead to Package Delays

Packages

Area shoppers will want to purchase their holiday gifts earlier this year, as a major jump in online holiday shopping could complicate the delivery system.

Holly Shively | Daily News (Dayton, Ohio)
November 19, 2018
Business, Technology, Logistics, Top 50

DHL Opens Another Bay Area Facility

DHL neon sign

DHL has opened a $12 million, 39,000-square-foot service center facility in Sunnyvale, Calif., a move the company said it made to serve shipping needs of the region’s startups and global technology companies.

November 14, 2018
Top 50

About Us: Transport Topics Top 50 Global Freight Carriers

The Transport Topics Top 50 Global Freight Carriers is a listing of the largest package, truck, rail, air and ocean carriers in the world.

November 12, 2018
Business, Top 50

Americold Posts 3Q Profit

Americold

Global warehouse operator Americold reported net income of $24.5 million, or 17 cents a share, in the third quarter, compared with a net loss of $11.9 million, or 17 cents a share, in the same period a year ago. Revenue increased 3.2% to $402 million in 2018 from $389.5 million in 2017.

Daniel P. Bearth | Staff Writer
November 9, 2018
Business, Logistics, Top 50

Expeditors International Posts Record Profits, Net Revenue in 3Q

Expeditors International logo on door

Expeditors International of Washington Inc. achieved record profits and net revenue in the third quarter as the Seattle-based air and ocean freight forwarder benefited from lower taxes and kept ahead of rising transportation costs in a tight-capacity market.

Daniel P. Bearth | Staff Writer
November 6, 2018

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