2016 Essential Financial and Operating Information for the 50 largest Global Freight Carriers
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Rankings
Rank This Year Rank Last Year Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
1 2 FedEx Corp. United States $52,014 $56,241 92%
2 1 UPS Inc. United States $51,777 $58,363 89%
3 3 China Railway Corp. China $37,208 $147,452 25%
4 4 Maersk Denmark $29,696 $41,205 72%
5 6 Union Pacific Corp. United States $21,813 $21,813 100%
6 5 Russian Railways Russia $21,408 $32,652 66%
7 12 CMA CGM Group France $21,084 $21,727 97%
8 7 BNSF Railway United States $21,002 $21,967 96%
9 9 Deutsche Post DHL Group Germany $19,880 $65,784 30%
10 8 Mediterranean Shipping Co. Switzerland $19,751 $19,751 100%
11 10 Indian Railways India $17,868 $25,653 70%
12 16 COSCO Group China $15,450 $15,964 97%
13 11 NYK Group Japan $14,751 $20,428 72%
14 13 Mitsui O.S.K Lines Japan $13,919 $15,112 92%
15 21 Hapag-Lloyd AG Germany $13,441 $13,441 100%
16 14 Deutsche Bahn AG Germany $12,311 $44,946 27%
17 15 CSX Corp. United States $11,811 $11,811 100%
18 17 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $10,867 $10,867 100%
19 18 Norfolk Southern Corp. United States $10,511 $10,511 100%
20 19 Yamato Group Japan $9,674 $11,436 85%
21 20 Canadian National Railway Canada $9,606 $9,882 97%
22 28 SF Express China $7,612 $7,612 100%
23 23 Hanjin Shipping Co. South Korea $6,800 $6,800 100%
24 26 Hamburg Süd Group Germany $6,726 $6,726 100%
25 24 SG Holdings Group Japan $6,318 $8,215 77%
26 29 GeoPost Group France $6,131 $6,303 97%
27 27 Orient Overseas (International) Ltd. Hong Kong $5,953 $5,953 100%
28 32 J.B. Hunt Transport Services United States $5,501 $6,188 89%
29 30 Canadian Pacific Railway Canada $5,134 $5,260 98%
30 - XPO United States $5,111 $12,411 41%
31 31 Hyundai Merchant Marine Co. South Korea $4,878 $4,878 100%
32 34 Yellow Corp. United States $4,832 $4,832 100%
33 35 Yang Ming Marine Transport Corp. Taiwan $4,022 $4,022 100%
34 40 Swift Transportation United States $3,903 $4,229 92%
35 37 Evergreen Marine Corp. Taiwan $3,857 $4,220 91%
36 36 Transnet Group South Africa $3,707 $4,887 76%
37 43 Schneider United States $3,423 $3,800 90%
38 - Pacific International Lines Singapore $3,169 $4,600 69%
39 41 Toll Group Australia $3,078 $6,397 48%
40 47 Emirates Group United Arab Emirates $3,034 $22,738 13%
41 - TFI International Canada $3,013 $3,158 95%
42 45 ZIM Integrated Shipping Services Israel $2,999 $2,999 100%
43 48 Cathay Pacific Airways Hong Kong $2,983 $13,202 23%
44 - Old Dominion Freight Line United States $2,972 $2,972 100%
45 39 Kazakhstan Temir Zholy Kazakhstan $2,874 $3,474 83%
46 50 Nippon Express Japan $2,810 $16,046 18%
47 44 Aurizon Australia $2,687 $2,687 100%
48 49 Lufthansa Group Germany $2,616 $35,603 7%
49 - Korean Air South Korea $2,318 $10,011 23%
50 - Wallenius Wilhelmsen Logistics Norway $2,308 $3,321 70%
Extras

Ports are turning to automation to handle continued growth.

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Global Freight News
Business, Logistics, Global Freight, TCA

Germany’s Deutsche Post DHL Group Changes Name to DHL Group

BONN, Germany — German multinational package delivery and logistics company Deutsche Post DHL Group said June 19 that it is changing its name to DHL Group as of the beginning of July.

dpa | Hamburg, Germany
June 20, 2023
Business, Logistics, Global Freight, TCA

Global Shipping Company ZIM Relocates US Headquarters

ZIM American Integrated Shipping Services, a global container shipping company, is set to relocate its U.S. headquarters from Norfolk, Va., to Virginia Beach.

Gabby Jimenez | The Virginian-Pilot
June 20, 2023
Government, Business, Logistics, Global Freight, TCA

Chicago Suburbs Appeal Federal Approval of CPKC Rail Merger

A group of suburban Chicago communities is appealing the federal approval of the Canadian Pacific-Kansas City Southern merger that is expected to bring more freight trains to the area.

Sarah Freishtat | Chicago Tribune
May 12, 2023
Business, Equipment, Logistics, Global Freight

California’s Port Dominance Is Slipping as Cargo Shifts East

The pandemic’s cargo crush pushed the Los Angeles and Long Beach complex close to the breaking point, allowing ports from New York-New Jersey to Houston to grow their market share.

Laura Curtis | Bloomberg News
May 8, 2023
Government, Business, Logistics, Global Freight

Engineers Frustrated With Railroad Sick Time Policies

OMAHA, Neb. — Tens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations.

Josh Funk | Associated Press
May 8, 2023
Business, Logistics, Global Freight

Maersk Profits Slip in Q1, Forecasts Weak 2023

A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.

Christian Wienberg | Bloomberg News
May 4, 2023
Business, Technology, Equipment, Fuel, Logistics, Global Freight

DHL Plans Third Air Cargo Hub in California

Greg Hewitt, CEO of DHL Express U.S., says company leadership is doubling down on its GoGreen Plus program, with a goal of being a net-zero emissions company by 2050.

Dan Ronan | Senior Reporter
May 1, 2023
Business, Technology, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Logistics, Global Freight

Nippon Express in Talks to Buy Logistics Firm Cargo-Partner

Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.

April 18, 2023
Business, Technology, Equipment, Safety, Logistics, Global Freight

CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

Tara Patel | Bloomberg News
April 18, 2023
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