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 Company Headquarters Freight Revenue (Millions)sort descending 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...
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Top 50 News
Business, Technology, Logistics, Top 50

GlobalTranz Acquires Global Freight Solutions

GlobalTranz acquired Global Freight Solutions.

Logistics company GlobalTranz Enterprises Inc. announced the acquisition of Chicago-based Global Freight Solutions, a freight brokerage and logistics company.

October 18, 2019
Business, Top 50, Top 100

J.B. Hunt’s Net Income Rises but Misses Earnings Expectations

J.B. Hunt earnings

J.B. Hunt Transport Services Inc. saw net income rise for the period ended Sept. 30, but the Lowell, Ark.-based carrier missed Wall Street earnings expectations.

Dan Ronan | Senior Reporter
October 17, 2019
Business, Logistics, Top 50, Top 100

CEO Brad Jacobs Looks to Grow XPO, According to Analysts

Bradley Jacobs

Brad Jacobs built XPO Logistics through aggressive mergers and acquisitions over the past eight years, only to cool to purchasing other companies. The high-profile CEO now appears to be back in acquisition mode.

Dan Ronan | Senior Reporter
October 2, 2019
Business, Logistics, Top 50, Top 100

DHL Express Announces 2020 Rates

DHL truck

DHL Express is the latest company to announce it is raising rates effective Jan. 1.

September 30, 2019
Business, Logistics, Top 50, TCA

Kenco Logistics Adds Fifth California Warehouse

Kenco truck

Kenco Logistics, North America’s biggest privately owned third-party logistics provider, has opened another warehouse to serve the Los Angeles market in Perris, Calif.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
September 13, 2019
Business, Logistics, Top 50

Hub Group Reports Record Earnings Per Share for 2Q

Hub Group

Hub Group announced net income of $29.2 million, or earnings per share of 87 cents, for the second quarter ended June 30, according to an earnings release.

Jim Stinson | Staff Reporter
July 30, 2019
Business, Top 50

Universal Logistics Reports 12.9% Increase in Net Income for 2Q

Universal Logistics

Universal Logistics Holdings Inc. reported net income of $20 million for its quarter ending June 29, a 12.9% increase over the same quarter last year.

Jim Stinson | Staff Reporter
July 25, 2019
Business, Top 50, Top 100

J.B. Hunt Reports Mixed 2Q Results

J.B. Hunt

J.B. Hunt Transport Services Inc. reported net income fell and revenue increased in the second quarter amid mixed results in its business units.

Roger Gilroy | Senior Reporter
July 16, 2019
Government, Business, Logistics, Top 50, Top 100

FedEx Lobs New Attack on Trade Limits as China Threat Looms

FedEx

FedEx Corp. has fired a new weapon in the simmering U.S.-China trade war, suing the Trump administration to block enforcement of trade restrictions that had placed the company in Beijing’s crosshairs.

Thomas Black | Bloomberg News
June 25, 2019
Business, Logistics, Top 50

Fidelitone Expands Fulfillment Service With Purchase of Remar

Fidelitone, a Wauconda, Ill.-based warehousing and distribution firm, is expanding its order fulfillment services with the purchase of Remar Inc., the company announced June 5.

June 17, 2019

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