2021 Top 50 Global Freight Carriers

2021 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
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Up Front
After once-in-a-lifetime pandemic, supply chains are adjusting to new normal.
Global supply chain, so often taken for granted, becomes cause for worldwide concern.
Find out where the Top 50 Global Freight Carriers are based.
Rank This Year Rank Last Year Companysort descending Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
1 2 UPS Inc. USA $72,593 $84,628 85.8%
2 1 FedEx Corp. USA $70,456 $74,729 94.3%
25 25 J.B. Hunt Transport Services USA $8,022 $9,637 83.2%
34 29 Yellow Corp. USA $4,513 $4,513 100.0%
42 36 Schneider USA $3,457 $4,553 75.9%
40 37 TFI International Canada $3,542 $3,782 93.6%
36 33 Old Dominion Freight Line USA $4,015 $4,015 100.0%
24 24 XPO Logistics USA $8,156 $16,252 50.2%
4 4 Maersk Denmark $35,718 $39,740 89.9%
11 9 BNSF Railway USA $19,778 $20,869 94.8%
13 12 Indian Railways India $15,740 $18,618 84.5%
22 20 NYK Group Japan $9,205 $15,254 60.3%
8 5 CMA CGM France $24,230 $31,580 76.7%
18 17 CSX Corp. USA $10,538 $10,538 100.0%
27 26 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $5,967 $5,967 100.0%
9 13 SF Express China $22,317 $22,317 100.0%
16 23 GeoPost Group France $12,460 $12,460 100.0%
28 27 Canadian Pacific Railway Canada $5,624 $5,750 97.8%
29 31 Hyundai Merchant Marine Co. South Korea $5,438 $5,438 100.0%
47 34 Transnet Group South Africa $2,995 $3,770 79.5%
26 28 Evergreen Marine Corp. Taiwan $6,565 $7,029 93.4%
37 39 ZIM Integrated Shipping Services Israel $3,992 $3,992 100.0%
32 40 Emirates Group UAE $4,657 $8,230 56.6%
39 41 Cathay Pacific Airways Hong Kong $3,596 $6,051 59.4%
45 47 Lufthansa Group Germany $3,144 $15,498 20.3%
43 38 Nippon Express Japan $3,317 $18,856 17.6%
10 6 Russian Railways Russia $21,649 $30,261 71.5%
23 21 Mitsui O.S.K Lines Japan $8,721 $9,556 91.3%
38 - Korean Air South Korea $3,605 $6,280 57.4%
50 43 Kansas City Southern USA $2,633 $2,633 100.0%
35 32 Knight-Swift Transportation USA $4,177 $4,674 89.4%
15 16 Yamato Holdings Japan $13,523 $15,274 88.5%
21 22 SG Holdings Japan $9,702 $11,806 82.2%
31 48 Qatar Airways Qatar $5,071 $8,062 62.9%
44 - Cargolux Luxembourg $3,171 $3,171 100.0%
3 3 China State Railway Group China $46,357 $164,346 28.2%
6 7 Deutsche Post DHL Germany $26,779 $76,191 35.1%
5 8 Mediterranean Shipping Co Switzerland $29,995 $29,995 100.0%
7 10 Cosco Shipping China $24,820 $24,820 100.0%
12 11 Union Pacific USA $19,533 $19,533 100.0%
14 14 Hapag-Lloyd Germany $14,567 $14,567 100.0%
17 15 Deutsche Bahn Group Germany $12,357 $45,508 27.2%
20 18 Norfolk Southern USA $9,789 $9,789 100.0%
19 19 Canadian National Canada $10,060 $10,307 97.6%
46 45 Estes Express USA $3,055 $3,547 86.1%
30 35 General Logistics Systems (Royal Mail) Netherlands $5,183 $5,183 100.0%
33 30 Yang Ming Marine Transport Co. Taiwan $4,632 $5,135 90.2%
41 44 Toll Group (Japan Post) Australia $3,503 $7,112 49.3%
48 - Wan Hai Lines Taiwan $2,779 $2,779 100.0%
49 - Turkish Airlines Turkey $2,722 $6,734 40.4%
About the Rankings...
Extras
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Learn more about Transport Topics’ Top 50 Global Freight Carriers publication.
Top 50 News
Business, Logistics, Top 50, Top 100

Universal Logistics Reports Best-Ever 3Q Results

Universal Logistics Holdings truck

Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.

Daniel P. Bearth | Staff Writer
October 25, 2018
Government, Business, Technology, Fuel, Logistics, Top 50, Top 100

UPS, Seattle to Launch eBike Downtown Delivery Program

UPS eBike in Seattle

UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.

Dan Ronan | Senior Reporter
October 25, 2018
Business, Top 50

Echo Global Logistics Posts Record Revenue for Sixth Straight Quarter

Echo Global Logistics

Echo Global Logistics reported another record quarter for revenue and boosted its guidance for the year as demand for the company’s technology and transportation management services remains robust.

October 24, 2018
Business, Top 50

DSV Ends Bid to Acquire Ceva Logistics

DSV Truck

DSV A/S, the world’s fifth-largest freight forwarder, walked away from Ceva Logistics AG after failing in its latest attempt to buy the Swiss company, which says it needed more time to review the offer.

October 24, 2018
Business, Logistics, Top 50, Top 100

UPS Reports Strong Revenue Growth, Higher Profits in 3Q

UPS building and truck

UPS Inc. reported strong revenue growth and higher profits in the third quarter, despite international headwinds from currency valuations, rising fuel costs and ongoing investment in transformation initiatives.

Daniel P. Bearth | Staff Writer
October 24, 2018
Business, Logistics, Top 50

AIT Worldwide Logistics Acquires WorldFresh Express

AIT Worldwide Logistics acquired WorldFresh Express, a Los Angeles-based freight forwarder that handles perishable food products, in a deal completed Oct. 17.

October 19, 2018
Business, Logistics, Top 50

Beauty Retailer Feelunique, Seko Logistics Partner on Hong Kong Hub

Seko Logistics logo

Feelunique, a European online beauty retailer, has partnered with Seko Logistics to open a distribution hub in Hong Kong.

October 18, 2018
Government, Business, Logistics, Top 50, Top 100

Amazon, FedEx, UPS Could Gain from Trump Threat to Leave Postal Union

Package warehouse

U.S. e-commerce companies including Amazon.com and shippers such as FedEx Corp. and UPS Inc. stand to gain from the Trump administration’s move Oct. 17 to withdraw from an international postal agreement.

Cheryl Bolen | Bloomberg News
October 18, 2018
Business, Top 50, Top 100

J.B. Hunt Revenue Soars, but Profits Lag in Third Quarter

J.B. Hunt

J.B. Hunt Transport Services reported a big bump in revenue in the third quarter as higher rates boosted the top line for each of its four freight segments. Profits, however, did not keep pace as the company dealt with outstanding legal issues and absorbed start-up costs for several new large dedicated hauling contracts.

Daniel P. Bearth | Staff Writer
October 16, 2018
Business, Technology, Logistics, Autonomous, Top 50

XPO Logistics to Use 5,000 Robots in Warehouses

XPO robotics in warehouse

XPO Logistics said it plans to deploy 5,000 robots to work with humans in the company’s warehouses and distribution centers in North America, the United Kingdom and eight countries in Europe.

Daniel P. Bearth | Staff Writer
October 9, 2018

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