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 descending Rank Last Year Company 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%
3 3 China State Railway Group China $46,357 $164,346 28.2%
4 4 Maersk Denmark $35,718 $39,740 89.9%
5 8 Mediterranean Shipping Co Switzerland $29,995 $29,995 100.0%
6 7 Deutsche Post DHL Germany $26,779 $76,191 35.1%
7 10 Cosco Shipping China $24,820 $24,820 100.0%
8 5 CMA CGM France $24,230 $31,580 76.7%
9 13 SF Express China $22,317 $22,317 100.0%
10 6 Russian Railways Russia $21,649 $30,261 71.5%
11 9 BNSF Railway USA $19,778 $20,869 94.8%
12 11 Union Pacific USA $19,533 $19,533 100.0%
13 12 Indian Railways India $15,740 $18,618 84.5%
14 14 Hapag-Lloyd Germany $14,567 $14,567 100.0%
15 16 Yamato Holdings Japan $13,523 $15,274 88.5%
16 23 GeoPost Group France $12,460 $12,460 100.0%
17 15 Deutsche Bahn Group Germany $12,357 $45,508 27.2%
18 17 CSX Corp. USA $10,538 $10,538 100.0%
19 19 Canadian National Canada $10,060 $10,307 97.6%
20 18 Norfolk Southern USA $9,789 $9,789 100.0%
21 22 SG Holdings Japan $9,702 $11,806 82.2%
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%
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%
26 28 Evergreen Marine Corp. Taiwan $6,565 $7,029 93.4%
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%
29 31 Hyundai Merchant Marine Co. South Korea $5,438 $5,438 100.0%
30 35 General Logistics Systems (Royal Mail) Netherlands $5,183 $5,183 100.0%
31 48 Qatar Airways Qatar $5,071 $8,062 62.9%
32 40 Emirates Group UAE $4,657 $8,230 56.6%
33 30 Yang Ming Marine Transport Co. Taiwan $4,632 $5,135 90.2%
34 29 Yellow Corp. USA $4,513 $4,513 100.0%
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%
37 39 ZIM Integrated Shipping Services Israel $3,992 $3,992 100.0%
38 - Korean Air South Korea $3,605 $6,280 57.4%
39 41 Cathay Pacific Airways Hong Kong $3,596 $6,051 59.4%
40 37 TFI International Canada $3,542 $3,782 93.6%
41 44 Toll Group (Japan Post) Australia $3,503 $7,112 49.3%
42 36 Schneider USA $3,457 $4,553 75.9%
43 38 Nippon Express Japan $3,317 $18,856 17.6%
44 - Cargolux Luxembourg $3,171 $3,171 100.0%
45 47 Lufthansa Group Germany $3,144 $15,498 20.3%
46 45 Estes Express USA $3,055 $3,547 86.1%
47 34 Transnet Group South Africa $2,995 $3,770 79.5%
48 - Wan Hai Lines Taiwan $2,779 $2,779 100.0%
49 - Turkish Airlines Turkey $2,722 $6,734 40.4%
50 43 Kansas City Southern USA $2,633 $2,633 100.0%
About the Rankings...
Extras
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Top 50 News
Business, Top 50

CSX Earnings in Q4 Beat Wall Street Expectations

CSX locomotive

CSX Corp. announced fourth-quarter and year-end earnings that beat Wall Street analysts’ expectations after the markets closed Jan. 20.

Dan Ronan | Associate News Editor
January 21, 2022
Business, Logistics, Top 50

XPO Logistics Port Truckers Seek to Unionize

Trucks enter and exit the Port of Los Angeles

Up to 250 XPO Logistics Inc. truckers who haul goods at Southern California ports and railyards are petitioning to unionize, hoping to convince federal authorities they’re really employees and not contractors as XPO claims.

Josh Eidelson | Bloomberg News
January 19, 2022
Business, Logistics, Top 50, Top 100

J.B. Hunt Reports Higher Profit, Revenue for Q4 2021

J.B. Hunt truck

J.B. Hunt Transport Services on Jan. 18 announced higher earnings and revenue for the fourth quarter of 2021.

Connor D. Wolf | Staff Reporter
January 19, 2022
Business, Logistics, Top 50, Top 100

XPO Announces Expansion of LTL Network

XPO

XPO Logistics is expanding its North American operations, adding to its LTL network two new terminals, four fleet maintenance shops and trailer manufacturing capacity, the company said Jan. 18.

Dan Ronan | Associate News Editor
January 19, 2022
Business, Logistics, Top 50

Maersk Overtaken as World’s No. 1 Shipping Line by MSC

Maersk Overtaken as World’s No. 1 Shipping Line by MSC

A.P. Moller-Maersk A/S is no longer the world’s largest container line. The Danish carrier has been overtaken by Mediterranean Shipping Co. in terms of capacity, according to data compiled by Alphaliner and published Jan . 5.

Christian Wienberg | Bloomberg News
January 5, 2022
Business, Top 50, Top 100

XPO Hosts Conference for Women in Leadership

XPO

XPO Logistics held its inaugural Women in Leadership Conference in Atlanta Nov. 17-19.

December 22, 2021
Business, Technology, Logistics, Top 50

Lufthansa Warms to Airbus Freighter as It Plans Cargo-Fleet Expansion

Lufthansa Warms to Airbus Freighter as It Plans Cargo-Fleet Expansion

Deutsche Lufthansa AG’s cargo division said it’s seeking more freighter planes to keep pace with booming global demand and that purchases could include Airbus SE’s new A350F model.

William Wilkes | Bloomberg News
December 10, 2021
Business, Technology, Equipment, Top 50, Top 100

Werner Enterprises Integrates With Decisiv to Expand Repair Network

Werner

Werner Enterprises is integrating Decisiv into its application programming interface to expand its repair network, the company announced Dec. 2.

December 6, 2021
Business, Top 50, Top 100

Werner, TFI Bolster Operations With Acquisitions

Werner

Werner Enterprises and TFI International completed separate acquisitions Nov. 29 to bolster their operations.

Connor D. Wolf | Staff Reporter
December 1, 2021
Business, Logistics, Top 50

Royal Mail Hands $540 Million to Investors on Parcel Windfall

Royal Mail Hands $540 Million to Investors on Parcel Windfall

Royal Mail Plc will return $540 million to shareholders, saying it’s increasingly confident that the online shopping boom spurring parcel deliveries will persist.

Christopher Jasper | Bloomberg News
November 18, 2021

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