All but a handful of the companies ranked on the 2019 Top 50 Global Freight Carriers list posted higher freight revenues in 2018 than the previous year, as the majority of the world’s largest freight carriers continued to enjoy strong demand in many key markets.
November 18, 20192021 Top 50 Global Freight Carriers
2021 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
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Rank This Year | 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...
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