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 Headquarters Freight Revenue (Millions) Total Revenue (Millions)sort descending Freight Revenue Share
43 49 Kansas City Southern USA $2,886 $2,886 100.0%
50 - Kazakhstan Temir Zholy Kazakhstan $2,499 $2,974 84.0%
45 46 Estes Express Lines USA $2,818 $3,254 86.6%
39 41 ZIM Integrated Shipping Services Israel $3,300 $3,300 100.0%
46 - Ukrainian Railways Ukraine $2,809 $3,502 80.2%
49 45 Pacific International Lines Singapore $2,639 $3,831 68.9%
37 37 TFI International Canada $3,691 $3,902 94.6%
42 44 Wallenius Wilhelmsen Group Norway $2,998 $3,909 76.7%
35 36 General Logistics Systems Netherlands $4,034 $4,034 100.0%
33 35 Old Dominion Freight Line USA $4,109 $4,109 100.0%
31 31 Hyundai Merchant Marine Co. South Korea $4,729 $4,729 100.0%
36 34 Schneider USA $3,864 $4,747 81.4%
30 32 Yang Ming Marine Transport Corp. Taiwan $4,828 $4,828 100.0%
32 30 Knight-Swift Transportation USA $4,408 $4,844 91.0%
29 29 Yellow Corp. USA $4,871 $4,871 100.0%
34 33 Transnet Group South Africa $4,083 $5,276 77.4%
44 43 Toll Group Australia $2,870 $5,827 49.3%
27 27 Canadian Pacific Railway Canada $5,737 $5,872 97.7%
28 28 Evergreen Marine Corp. Taiwan $5,682 $6,168 92.1%
26 24 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $7,022 $7,022 100.0%
23 23 GeoPost Group France $8,600 $8,600 100.0%
25 26 J.B. Hunt Transport Services USA $7,829 $9,165 85.4%
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%
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%
41 38 Cathay Pacific Airways Hong Kong $3,039 $13,653 22.3%
48 47 Qatar Airways Qatar $2,725 $14,033 19.4%
14 14 Hapag-Lloyd AG Germany $14,121 $14,121 100.0%
16 16 Yamato Holdings Japan $12,517 $14,911 83.9%
13 15 SF Express China $16,050 $16,050 100.0%
20 18 NYK Group Japan $10,210 $16,262 62.8%
24 25 XPO Logistics USA $7,864 $16,648 47.2%
38 40 Nippon Express Japan $3,604 $19,305 18.7%
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%
40 39 Emirates Group UAE $3,051 $24,774 12.3%
12 11 Indian Railways India $19,036 $26,991 70.5%
5 7 CMA CGM Group France $30,254 $30,254 100.0%
6 5 Russian Railways Russia $26,267 $38,618 68.0%
4 4 Maersk Denmark $34,839 $38,890 89.6%
47 42 Lufthansa Group Germany $2,775 $41,061 6.8%
15 13 Deutsche Bahn AG Germany $12,963 $49,761 26.0%
1 1 FedEx Corp. USA $64,690 $69,189 93.5%
7 6 Deutsche Post DHL Group Germany $24,265 $70,940 34.2%
2 2 UPS Inc. USA $63,978 $74,094 86.3%
3 3 China Railway Corp. China $44,468 $163,536 27.2%
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, Logistics, Top 50, TCA

XPO Denies Memphis Plant Closing Is Retaliation

XPO Logistics

XPO Logistics Inc. confirmed Feb. 14 that it will close a facility in Memphis, Tenn., where some employees have made allegations of pregnancy discrimination and sexual harassment, and the next day CEO Brad Jacobs said a customer's request prompted the decision.

Paul Schott | The Advocate (Stamford, Conn.)
February 19, 2019
Business, Logistics, Top 50

Montreal Firm FLS Transportation Services Acquires Scott Logistics

FLS Transportation Services, a Montreal-based 3PL, has announced the acquisition of Scott Logistics Corp., a freight broker headquartered in Georgia.

February 15, 2019
Business, Logistics, Top 50, Top 100

XPO Logistics Reports Disappointing Earnings

XPO Logistics truck

XPO Logistics reported disappointing earnings for the fourth quarter of 2018 and lowered its guidance for 2019 due, in large part, to a sharp drop-off in shipments from its largest customer — believed to be Amazon.com.

Daniel P. Bearth | Senior Staff Writer
February 14, 2019
Business, Logistics, Top 50

Redwood Logistics Acquires Strive Logistics

Dispatchers at Redwood Logistics' Chicago office

Redwood Logistics said it is acquiring Strive Logistics, a move that will create a multimodal freight brokerage firm with more than $1 billion in freight under management.

February 13, 2019
Business, Top 50

C.H. Robinson Names Bob Biesterfeld as CEO

C.H. Robinson

Logistics company C.H. Robinson announced that Chief Operating Officer Bob Biesterfeld will rise to the post of CEO on May 9 through a planned succession. Biesterfeld will replace John Wiehoff, who has been in the job for 17 years, the company said in a Feb. 11 press release.

Marissa Gamache | Features Coordinator
February 13, 2019
Business, Logistics, Top 50, Top 100

Werner Enterprises Posts Record Results

Werner Enterprises truck

Werner Enterprises produced record revenue and higher profits in the fourth quarter of 2018 as a strong economy fueled demand for both its trucking and logistics services.

Daniel P. Bearth | Senior Staff Writer
February 7, 2019
Business, Technology, Logistics, Top 50

FitzMark Acquires Reliable Source Logistics

FitzMark exterior

Two Indianapolis-based freight brokerage firms, FitzMark Inc. and Reliable Source Logistics, are joining forces in a quest to build a global “logistics powerhouse,” company officials said.

Daniel P. Bearth | Senior Staff Writer
February 5, 2019
Business, Logistics, Top 50

DHL Announces Medical Express Service Between US, Brazil

DHL Express has launched its medical express service between Brazil and the United States. The route will serve several major cities in Brazil and deliver temperature-sensitive biological products and new patient-specific treatments to most U.S. destinations in 24 to 48 hours, according to a Jan. 30 press release.

February 1, 2019
Business, Top 50, Top 100

Schneider National Posts Record 4Q Results

Schneider

Schneider National Inc. delivered record revenue and operating profits in the fourth quarter of 2018, and the company’s top executive said he expects to see continued improvement in the year ahead.

Daniel P. Bearth | Senior Staff Writer
January 31, 2019
Business, Logistics, Top 50, Top 100

Ceva Logistics Board Rejects Stock Buyout Bid by CMA CGM

Ceva

Ceva Logistics’ board of directors has recommended that shareholders reject a tender offer from CMA CGM to buy all of the publicly held shares of stock in the Swiss company, saying the price of 30 Swiss francs per share is too low.

Daniel P. Bearth | Senior Staff Writer
January 29, 2019

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