XPO Logistics remains firmly entrenched atop Transport Topics' 2019 Top 50 Logistics Companies rankings after a meteoric rise fueled by a string of high-profile acquisitions over the last eight years. Read about the full rankings.
April 8, 20192020 Top 50 Global Freight Carriers

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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% |
49 | 45 | Pacific International Lines | Singapore | $2,639 | $3,831 | 68.9% |
48 | 47 | Qatar Airways | Qatar | $2,725 | $14,033 | 19.4% |
47 | 42 | Lufthansa Group | Germany | $2,775 | $41,061 | 6.8% |
46 | - | Ukrainian Railways | Ukraine | $2,809 | $3,502 | 80.2% |
45 | 46 | Estes Express Lines | USA | $2,818 | $3,254 | 86.6% |
44 | 43 | Toll Group | Australia | $2,870 | $5,827 | 49.3% |
43 | 49 | Kansas City Southern | USA | $2,886 | $2,886 | 100.0% |
42 | 44 | Wallenius Wilhelmsen Group | Norway | $2,998 | $3,909 | 76.7% |
41 | 38 | Cathay Pacific Airways | Hong Kong | $3,039 | $13,653 | 22.3% |
40 | 39 | Emirates Group | UAE | $3,051 | $24,774 | 12.3% |
39 | 41 | ZIM Integrated Shipping Services | Israel | $3,300 | $3,300 | 100.0% |
38 | 40 | Nippon Express | Japan | $3,604 | $19,305 | 18.7% |
37 | 37 | TFI International | Canada | $3,691 | $3,902 | 94.6% |
36 | 34 | Schneider | USA | $3,864 | $4,747 | 81.4% |
35 | 36 | General Logistics Systems | Netherlands | $4,034 | $4,034 | 100.0% |
34 | 33 | Transnet Group | South Africa | $4,083 | $5,276 | 77.4% |
33 | 35 | Old Dominion Freight Line | USA | $4,109 | $4,109 | 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% |
29 | 29 | Yellow Corp. | USA | $4,871 | $4,871 | 100.0% |
28 | 28 | Evergreen Marine Corp. | Taiwan | $5,682 | $6,168 | 92.1% |
27 | 27 | Canadian Pacific Railway | Canada | $5,737 | $5,872 | 97.7% |
26 | 24 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $7,022 | $7,022 | 100.0% |
25 | 26 | J.B. Hunt Transport Services | USA | $7,829 | $9,165 | 85.4% |
24 | 25 | XPO Logistics | USA | $7,864 | $16,648 | 47.2% |
23 | 23 | GeoPost Group | France | $8,600 | $8,600 | 100.0% |
22 | 22 | SG Holdings | Japan | $9,036 | $10,683 | 84.6% |
21 | 21 | Mitsui O.S.K Lines | Japan | $9,696 | $10,633 | 91.2% |
20 | 18 | NYK Group | Japan | $10,210 | $16,262 | 62.8% |
19 | 20 | Canadian National Railway | Canada | $10,953 | $11,241 | 97.4% |
18 | 19 | Norfolk Southern Corp. | USA | $11,296 | $11,296 | 100.0% |
17 | 17 | CSX Corp. | USA | $11,937 | $11,937 | 100.0% |
16 | 16 | Yamato Holdings | Japan | $12,517 | $14,911 | 83.9% |
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% |
12 | 11 | Indian Railways | India | $19,036 | $26,991 | 70.5% |
11 | 9 | Union Pacific Corp. | USA | $21,708 | $21,708 | 100.0% |
10 | 12 | COSCO Shipping Group | China | $21,787 | $21,787 | 100.0% |
9 | 10 | BNSF Railway | USA | $22,328 | $23,515 | 95.0% |
8 | 8 | Mediterranean Shipping Co. | Switzerland | $24,002 | $24,002 | 100.0% |
7 | 6 | Deutsche Post DHL Group | Germany | $24,265 | $70,940 | 34.2% |
6 | 5 | Russian Railways | Russia | $26,267 | $38,618 | 68.0% |
5 | 7 | CMA CGM Group | France | $30,254 | $30,254 | 100.0% |
4 | 4 | Maersk | Denmark | $34,839 | $38,890 | 89.6% |
3 | 3 | China Railway Corp. | China | $44,468 | $163,536 | 27.2% |
2 | 2 | UPS Inc. | USA | $63,978 | $74,094 | 86.3% |
1 | 1 | FedEx Corp. | USA | $64,690 | $69,189 | 93.5% |

Extras
Top 50 News
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March 11, 2019C.H. Robinson Acquires Spanish Freight Forwarder Space Cargo Group
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March 1, 2019Universal Logistics Reports Record Revenue in 4Q, 2018
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February 25, 2019Americold Completes First Year as Public Company With Solid Financial Results
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February 21, 2019J.B. Hunt Finalizes Acquisition of Cory 1st Choice Home Delivery
J.B. Hunt Transport Services completed the purchase of Cory 1st Choice Home Delivery on Feb. 15, the Lowell, Ark.-based transportation company and logistics firm announced.
February 19, 2019XPO’s Brad Jacobs Hits Brakes on M&As
After building a fortune and several businesses by buying company after company, XPO Logistics Inc. CEO Brad Jacobs is abandoning acquisitions, a principal reason many investors bought into the stock.
February 19, 2019