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

Union Pacific Puts Shipping Limits on Hold

Union Pacific says it will stop imposing temporary limits on certain businesses’ shipments while it reviews the policy that federal regulators and shippers criticized at a hearing in mid-December.

Josh Funk | Associated Press
December 19, 2022
Business, Logistics, Global Freight

Union Pacific’s Embargoes Generate Complaints From Shippers

Federal regulators and shippers are questioning Union Pacific’s decision to temporarily limit some businesses’ shipments as part of its effort to clear up congestion across the railroad.

Josh Funk | Associated Press
December 15, 2022
Government, Business, Logistics, Global Freight

Shippers Decry ‘Notoriously Difficult’ Railroads at Hearing

Shippers urged the U.S. railroad regulator to create more competition in the industry during hearings in which Union Pacific Corp. was called to explain a spike in service restrictions.

Thomas Black | Bloomberg News
December 13, 2022
Government, Business, Logistics, Global Freight

Global Trade Surges to $32 Trillion Record in 2022, U.N. Says

The value of global trade is set to reach a new record this year, increasing by about 12% to an estimated $32 trillion, according to a U.N. report that signaled a slowdown heading into 2023.

Bryce Baschuk | Bloomberg News
December 13, 2022
Business, Logistics, Global Freight

Maersk CEO Soren Skou Leaves, Will Be Replaced by Vincent Clerc

A.P. Moller-Maersk A/S CEO Soren Skou will step down and will be replaced by Vincent Clerc, the current head of the transport giant’s ocean and logistics business.

Christian Wienberg | Bloomberg News
December 12, 2022
Government, Business, Logistics, Global Freight

Consumers Enjoy Tentative Relief as Supply Chains Unclog

The supply backlogs of the past two years — and the delays, shortages and outrageous prices that came with them — have improved dramatically since summer.

Tom Krisher and Paul Wiseman | Associated Press
December 7, 2022
Government, Business, Equipment, Logistics, Global Freight

Savannah Port Terminal to Get $410 Million Upgrade Amid Big Growth

The Port of Savannah plans a $410 million overhaul of one of its sprawling terminals to make room for loading and unloading larger ships while focusing its business almost exclusively on cargo shipped in containers.

Russ Bynum | Associated Press
December 5, 2022
Business, Logistics, Global Freight, Top 50

3PLs Make Debut on Global Freight 50

While the worst of the global supply chain snarls brought on by the COVID-19 pandemic now appear to be in the rearview mirror, it’s still not business as usual for international freight.

Seth Clevenger | Managing Editor, Features and Multimedia
November 30, 2022
Government, Business, Technology, Logistics, Global Freight

Shipping Prices Fall in Inventory Glut, Upping Broker Deals

U.S. trucking is entering a tumultuous period that will likely reshape the $875 billion industry. Shipping rates that spiked during disruptions caused by the pandemic have plummeted as inventory gluts across the U.S. lowered demand.

Thomas Black | Bloomberg News
November 28, 2022
Business, Logistics, Global Freight, TCA

Federal Maritime Commissioners Praise Growth at Port of Mobile

Two members of the Federal Maritime Commission praised the growth, diversity and import-export balance of the Port of Mobile during a visit on Nov. 16.

Lawrence Specker | Alabama Media Group
November 17, 2022
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