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
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, Logistics, Top 50, Top 100

Schneider Reports Large Rise in Q2 Earnings

Schneider

Schneider National on July 29 reported net income increased 129% year-over-year during the second quarter.

Connor D. Wolf | Staff Reporter
July 29, 2021
Business, Technology, Logistics, Autonomous, Top 50

XPO Posts Q2 Profit on Record Revenue

XPO Logistics truck

Lifted by the highest revenue of any quarter in its history, XPO Logistics Inc. swung its second-quarter bottom line to a profit from a loss in the year-ago period.

Jerry Hirsch | Contributing Writer
July 29, 2021
Business, Logistics, Top 50

Echo Global Logistics Posts Q2 Gains

Echo Global Logistics office

Echo Global Logistics reported large gains in both income and profit for the second quarter as it experienced record performance in both its managed transportation and brokerage businesses.

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

Uber Freight to Acquire Logistics Firm Transplace for $2.25 Billion

Uber Freight

Uber Technologies Inc.’s freight business will acquire logistics technology firm Transplace from TPG Capital for $2.25 billion, the company announced July 22.

Roger Gilroy | Senior Reporter
July 22, 2021
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 | Associate News Editor
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

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