Already stressed capacity is facing new pressure as the economy recovers from the coronavirus pandemic and demand increases.
May 13, 20212020 Top 50 Global Freight Carriers
2020 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
Share
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) | Freight Revenue Share |
|---|---|---|---|---|---|---|
| 50 | - | Kazakhstan Temir Zholy | Kazakhstan | $2,499 | $2,974 | 84.0% |
| 46 | - | Ukrainian Railways | Ukraine | $2,809 | $3,502 | 80.2% |
| 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 | Maersk | Denmark | $34,839 | $38,890 | 89.6% |
| 6 | 5 | Russian Railways | Russia | $26,267 | $38,618 | 68.0% |
| 7 | 6 | Deutsche Post DHL Group | Germany | $24,265 | $70,940 | 34.2% |
| 5 | 7 | CMA CGM Group | France | $30,254 | $30,254 | 100.0% |
| 8 | 8 | Mediterranean Shipping Co. | Switzerland | $24,002 | $24,002 | 100.0% |
| 11 | 9 | Union Pacific Corp. | USA | $21,708 | $21,708 | 100.0% |
| 9 | 10 | BNSF Railway | USA | $22,328 | $23,515 | 95.0% |
| 12 | 11 | Indian Railways | India | $19,036 | $26,991 | 70.5% |
| 10 | 12 | COSCO Shipping Group | China | $21,787 | $21,787 | 100.0% |
| 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% |
| 16 | 16 | Yamato Holdings | Japan | $12,517 | $14,911 | 83.9% |
| 17 | 17 | CSX Corp. | USA | $11,937 | $11,937 | 100.0% |
| 20 | 18 | NYK Group | Japan | $10,210 | $16,262 | 62.8% |
| 18 | 19 | Norfolk Southern Corp. | USA | $11,296 | $11,296 | 100.0% |
| 19 | 20 | Canadian National Railway | Canada | $10,953 | $11,241 | 97.4% |
| 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% |
| 23 | 23 | GeoPost Group | France | $8,600 | $8,600 | 100.0% |
| 26 | 24 | Kawasaki Kisen Kaisha Ltd. (K Line) | Japan | $7,022 | $7,022 | 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% |
| 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% |
| 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% |
| 34 | 33 | Transnet Group | South Africa | $4,083 | $5,276 | 77.4% |
| 36 | 34 | Schneider | USA | $3,864 | $4,747 | 81.4% |
| 33 | 35 | Old Dominion Freight Line | USA | $4,109 | $4,109 | 100.0% |
| 35 | 36 | General Logistics Systems | Netherlands | $4,034 | $4,034 | 100.0% |
| 37 | 37 | TFI International | Canada | $3,691 | $3,902 | 94.6% |
| 41 | 38 | Cathay Pacific Airways | Hong Kong | $3,039 | $13,653 | 22.3% |
| 40 | 39 | Emirates Group | UAE | $3,051 | $24,774 | 12.3% |
| 38 | 40 | Nippon Express | Japan | $3,604 | $19,305 | 18.7% |
| 39 | 41 | ZIM Integrated Shipping Services | Israel | $3,300 | $3,300 | 100.0% |
| 47 | 42 | Lufthansa Group | Germany | $2,775 | $41,061 | 6.8% |
| 44 | 43 | Toll Group | Australia | $2,870 | $5,827 | 49.3% |
| 42 | 44 | Wallenius Wilhelmsen Group | Norway | $2,998 | $3,909 | 76.7% |
| 49 | 45 | Pacific International Lines | Singapore | $2,639 | $3,831 | 68.9% |
| 45 | 46 | Estes Express Lines | USA | $2,818 | $3,254 | 86.6% |
| 48 | 47 | Qatar Airways | Qatar | $2,725 | $14,033 | 19.4% |
| 43 | 49 | Kansas City Southern | USA | $2,886 | $2,886 | 100.0% |
About the Rankings...
Extras
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.
Learn more about Transport Topics’ Top 50 Global Freight Carriers publication.
FedEx and UPS face their biggest test yet amid e-commerce growth and early holiday shopping.
Top 50 News
Business, Technology, Safety, Logistics, Top 50 
Disruptions Add More Stress to Already Strained Capacity Market
Business, Technology, Top 50, Top 100 
Schneider Reports Q1 Net Income, Revenue Growth
Schneider National saw revenue and earnings growth during the first quarter of 2021, the company reported April 29.
April 29, 2021 Business, Logistics, Top 50 
C.H. Robinson Posts Big Q1 Gains in Profit, Revenue
C.H. Robinson Worldwide posted large gains in profits and revenue during the first quarter, driven by higher pricing and increasing cargo volume across most of its service lines.
April 28, 2021 Business, Technology, Logistics, Top 50 
Apple’s $430 Billion US Investment Includes XPO-Run Facility
XPO Logistics will operate a $100 million “state-of-the-art” facility and distribution center in Clayton, Ind., for technology giant Apple, the company said April 26.
April 27, 2021 Business, Top 50, Top 100 
Landstar Reports Record Earnings for Q1 2021
Landstar System Inc. reported record profits for the first quarter of 2021.
April 22, 2021 Top 50 
XPO’s Brad Jacobs Assesses Economy, Trucking in Shareholder Letter
XPO Logistics Chairman and CEO Brad Jacobs tells shareholders in a letter why he thinks the U.S. economy is primed for a big rebound.
April 14, 2021 Business, Logistics, Top 50 
Hapag-Lloyd CEO Says Ocean-Shipping Demand Staying ‘Very Strong’
Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.
April 9, 2021 Business, Logistics, Top 50 
Pilot Freight Services Acquires DSI Logistics
Pilot Freight Services announced it acquired DSI Logistics, a nonasset-based provider of last-mile home delivery and installation for heavy and hard-to-handle goods.
April 8, 2021 Business, Logistics, Top 50 
Syncreon Holdings Reported to Be Weighing $1.5 Billion Sale
The owners of supply-chain services company Syncreon Holdings are exploring a sale of the company that could value it at as much as $1.5 billion, including debt, according to people with knowledge of the matter.
April 8, 2021 Business, Logistics, Top 50 
XPO Logistics Announces Hiring Plans, Taps CFO for Spinoff GXO
XPO Logistics plans to fill more than 1,400 positions to meet growing demand in its less-than-truckload business.
April 7, 2021Pages
Archives
2021
2020
2019
2018
2017
2016
2015