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)sort descending 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 The Maersk Group 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%
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
Business, Logistics, Top 50

Peoples Services Acquires Grimes Cos. to Expand in Southeast

Peoples Services

Peoples Services Inc., a logistics firm based in Canton, Ohio, acquired the assets of The Grimes Cos. in Jacksonville, Fla., a move that substantially expands the company’s warehousing and distribution services in the southeastern United States.

April 18, 2018
Business, Logistics, Top 100, Top 50

Mike Ducker to Step Down as FedEx Freight CEO on Aug. 15

Mike Ducker

Mike Ducker will retire Aug. 15 as president and CEO of FedEx Freight after leading the group for four years, FedEx Corp. announced April 16. His successor will be named later.

Burney Simpson | Staff Reporter
April 16, 2018
Business, Logistics, Top 50

Allen Lund, Founder of Freight Brokerage Firm, Dies

Allen Lund, founder of third-party transportation broker Allen Lund Co., died April 7 after recently being diagnosed with cancer. He was 77.

April 11, 2018
Business, Technology, Logistics, Top 100, Top 50

Schneider, 8VC Partner to Boost Digital Supply Chain

Schneider truck

Venture capital firm 8VC and diversified truckload carrier Schneider announced a partnership to leverage technology on trucks to create a pathway to a fully digital supply chain.

April 11, 2018
Business, Technology, Equipment, Safety, Logistics, Top 50

Replay: LiveOnWeb's 'Logistics, Accelerated'

LiveOnWeb panelists Evan Armstrong, Dan Bearth, Joe Howard, Bob Voltmann

Our April 18 LiveOnWeb program, “Logistics, Accelerated,” focused on how technology and innovation are changing the logistics business. Watch the replay.

April 10, 2018
Business, Logistics, Top 50

Dolly Seeks to Find Niche in Bulk-Moving Sector

Movers

Another firm has joined the competitive same-day delivery space, facing off against major logistics firms as it works to find a niche in moving and delivering bulky, heavy items for retailers and consumers. Seattle-based Dolly recently expanded to serve seven large cities and has teamed with such merchants as Costco Wholesale Corp., Crate & Barrel, Lowe’s Cos. and The Container Store.

Burney Simpson | Staff Reporter
April 10, 2018
Business, Technology, Equipment, Safety, Logistics, Top 100, Top 50

Investors, Fleets Back Video-Based Telematics

SmartDrive camera

A pair of recent events helped underscore the key role video is playing in fleet operations: Lytx, a video telematics provider, received a $700 million capital infusion from private equity firms; and Penske Logistics launched a video-based safety program in 2,800 of its heavy-duty trucks in its North America operations using equipment from SmartDrive Systems.

Roger Gilroy | Senior Reporter
April 10, 2018
Business, Logistics, Top 50

2018 Top 50 Logistics Companies: XPO Retains Its Place at the Top

XPO Logistics truck in front of company headquarters

After a string of high-profile acquisitions pushed XPO Logistics to the top of the Transport Topics Logistics 50 list in 2017, the company kept its No. 1 ranking this year by growing its business organically and by effectively cross-selling transportation and logistics services to shippers.

Daniel P. Bearth | Staff Writer
April 9, 2018
Technology, Logistics, Top 50

Visions of the Future of Logistics

Here's what some industry professionals had to say about what the future may hold.

April 9, 2018
Technology, Safety, Logistics, Top 50

Security Robot Cuts Crime for XPO

XPO Logistics robot

A security robot that XPO Logistics deployed at its Atlanta logistics facility has reduced incidents in the parking lot and the building’s exterior to zero in the first six months it has been monitoring the area.

April 5, 2018

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