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

Disruptions Add More Stress to Already Strained Capacity Market

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Already stressed capacity is facing new pressure as the economy recovers from the coronavirus pandemic and demand increases.

Connor D. Wolf | Staff Reporter
May 13, 2021
Business, Technology, Top 50, Top 100

Schneider Reports Q1 Net Income, Revenue Growth

Schneider

Schneider National saw revenue and earnings growth during the first quarter of 2021, the company reported April 29.

Connor D. Wolf | Staff Reporter
April 29, 2021
Business, Logistics, Top 50

C.H. Robinson Posts Big Q1 Gains in Profit, Revenue

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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.

Jerry Hirsch | Contributing Writer
April 28, 2021
Business, Technology, Logistics, Top 50

Apple’s $430 Billion US Investment Includes XPO-Run Facility

XPO Logistics truck

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

Landstar System Inc. reported record profits for the first quarter of 2021.

Connor D. Wolf | Staff Reporter
April 22, 2021
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XPO’s Brad Jacobs Assesses Economy, Trucking in Shareholder Letter

XPO Logistics truck

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.

Dan Ronan | Senior Reporter
April 14, 2021
Business, Logistics, Top 50

Hapag-Lloyd CEO Says Ocean-Shipping Demand Staying ‘Very Strong’

A pair of shipping containers hang from a ship-to-shore crane while a Hapag-Lloyd ship is unloaded.

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.

Brendan Murray | Bloomberg News
April 9, 2021
Business, Logistics, Top 50

Pilot Freight Services Acquires DSI Logistics

Pilot

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.

Roger Gilroy | Senior Reporter
April 8, 2021
Business, Logistics, Top 50

Syncreon Holdings Reported to Be Weighing $1.5 Billion Sale

Syncreon Holdings is said to be weighing a sale of about $1.5 billion.

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

XPO Logistics plans to fill more than 1,400 positions to meet growing demand in its less-than-truckload business.

Connor D. Wolf | Staff Reporter
April 7, 2021

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