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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Learn more about Transport Topics’ Top 50 Global Freight Carriers publication.
Top 50 News
Business, Technology, Logistics, Top 50, TCA

XPO Opening Automated Logistics Facility in Indiana

An XPO Logistics supply chain facility

XPO Logistics will open an automated logistics facility in Clayton, Ind., at one of the state’s major logistics hubs in Hendricks County. The new facility is expected to employ 800 people and become fully operational sometime this summer, according to XPO.

Rashika Jaipuriar | The Indianapolis Star
March 24, 2021
Business, Top 50, Top 100

FedEx Rides E-Commerce to $21.5 Billion Third Quarter

A FedEx employee carries a box before loading into a van at a coronavirus testing facility in New Jersey.

The continued yearlong surge in e-commerce brought on by the COVID-19 pandemic sent FedEx’s year-over-year fiscal third-quarter net revenue up 23% to $21.5 billion, compared with $17.4 billion in the same period in 2020.

Dan Ronan | Associate News Editor
March 18, 2021
Business, Logistics, Breaking News, Top 50

XPO Sets GXO Logistics as Name of New Spinoff Company

XPO

XPO Logistics has selected GXO Logistics as the name of the stand-alone logistics company that it will spin off from its larger operation later this year.

Joe Howard | Executive Editor
March 18, 2021
Business, Technology, Equipment, Fuel, Top 50, Top 100

Trucking Industry Making Strides Toward Electrification

Electric

Original equipment manufacturers, shippers and environmental activist groups are aligning behind the promised benefits of zero-emission trucks, and are encouraging the trucking industry to accelerate adoption of vehicles powered by alternatives to diesel.

Dan Ronan | Associate News Editor
March 11, 2021
Business, Technology, Safety, Logistics, Top 50

COVID-19 Exposes Cold Chain Problems, Solutions

dry ice added to vaccine box

The coronavirus pandemic has presented new challenges and opportunities for innovation in cold chain shipments.

Connor D. Wolf | Staff Reporter
March 2, 2021
Government, Business, Logistics, Top 50, Top 100

UPS Expects 40% Jump in Vaccine Doses Next Week, Peak in May

A UPS truck exits a distribution center in Chicago in November 2020. (Christopher Dilts/Bloomberg News)

UPS Inc. and FedEx Corp. are ramping up vaccine distribution, with plans for additional gains if Johnson & Johnson’s inoculation is cleared by U.S. regulators.

Thomas Black | Bloomberg News
February 25, 2021
Business, Logistics, Top 50

Kuehne + Nagel Buys Apex Logistics in $1.5 Billion Deal

Trucks and trailers at the Kuehne + Nagel International AG logistics center in Haiger, Germany.

Kuehne + Nagel International AG has agreed to acquire Apex International Corp. in a deal that values the freight forwarder at about $1.5 billion, according to people familiar with the matter.

February 22, 2021
Government, Business, Logistics, Top 50

US Steps Up Heat on Container Carriers to Ease Port Congestion

A container ship is berthed at the Kobe Port in Hyogo, Japan. (Buddhika Weerasinghe/Bloomberg News)

U.S. regulators stepped up the heat on ocean shipping companies and the seaport terminals some of them operate, seeking to smooth the disrupted flow of containers that are swamping America’s biggest ports and wreaking havoc on the nation’s strained supply chains.

Brendan Murray | Bloomberg News
February 18, 2021
Logistics, Top 50

Does Your Business Belong on Our List of Top 50 Logistics Companies?

The Transport Topics 2021 Top 50 Logistics survey is live.

There's only a short time left to submit for our 2021 Top 50 Logistics publication.

February 10, 2021
Business, Logistics, Top 50

Chinese Package-Delivery Firm SF Holding Eyes Stake in Kerry Logistics

Employees handle packages at an SF Express store in Hong Kong. (Anthony Kwan/Bloomberg News)

SF Holding Co., one of the largest Chinese package-delivery services, is exploring a potential investment in tycoon Robert Kuok’s listed logistics business, people with knowledge of the matter said.

February 4, 2021

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