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

Landstar Reports Record Earnings for Q2

A Landstar Inc. truck

Landstar System reported an all-time record for quarterly net income in its second-quarter financial results.

Connor D. Wolf | Staff Reporter
July 21, 2021
Business, Logistics, Top 50

DP World to Buy Imperial Logistics in $890 Million Bet on Africa

A truck transport shipping containers at the Port of Durban. (Waldo Swiegers/Bloomberg News)

DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far.

Adveith Nair | Bloomberg News
July 8, 2021
Business, Logistics, Top 50

Port Operator DP World Buys Syncreon in $1.2 Billion Deal

Cranes offload containers at a port terminal in Dubai, United Arab Emirates. (Kamran Jebreili/Associated Press)

One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.

July 1, 2021
Business, Technology, Logistics, Top 50

DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon

Shelves with boxes sit in a modern warehouse. (Chokii Ns/Getty Images)

DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.

June 30, 2021
Business, Logistics, Top 50, Top 100

FedEx Tops $20 Billion in Revenue for Third Straight Quarter

FedEx truck

FedEx Corp. reported a surge in bottom-line results for its fiscal fourth quarter as e-commerce continued to fuel demand for the company’s services.

Dan Ronan | Senior Reporter
June 24, 2021
Business, Logistics, Top 50, Top 100

XPO Announces GXO’s $800 Million Notes Offering

XPO Logistics supply chain facility

XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.

Connor D. Wolf | Staff Reporter
June 18, 2021
Business, Technology, Fuel, Top 50

DHL System Helps Shippers Balance Costs and Sustainability

Trucks

DHL Supply Chain has developed a program that is designed to help shippers select carriers that are aligned with their environmental goals.

Connor D. Wolf | Staff Reporter
June 9, 2021
Business, Logistics, Top 50

XPO Says GXO Spinoff Should Be Completed by Q3

GXO logo/XPO truck

XPO Logistics has moved up the potential timeline to complete a spinoff of its logistics operations into a separate company, and also has provided updated financial guidance that forecasts strong growth for the planned independent company.

Dan Ronan | Senior Reporter
June 9, 2021
Business, Technology, Top 50, Top 100

J.B. Hunt Boosts Supply Chain Inclusivity With $1 Million Scholarship Fund

J.B. Hunt

J.B. Hunt Transport Services and the University of Arkansas jointly endowed a $1 million scholarship fund June 2 to advance supply chain sustainability and inclusivity.

June 7, 2021
Business, Logistics, Top 50

XPO Logistics Announces SVP of Strategy for Spinoff GXO

XPO Logistics Inc. has appointed Angus Tweedie to be the senior vice president of strategy for its upcoming spinoff company GXO Logistics, the company announced May 19.

May 24, 2021

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