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
Government, Business, Fuel, Logistics, Global Freight, Top 50

A Clouded Outlook for Global Freight

Describing global supply chains as “volatile” for the last two years is an understatement. Glimmers of hope are emerging, but anxiety grows over whether freight volumes can maintain traction amid high inflation and economic uncertainty.

Katie Pyzyk | Special to Transport Topics
November 4, 2022
Business, Logistics, Global Freight

German Government Settles Internal Dispute Over Port Stake Sale to China

The German government is close to reaching a compromise over a disputed sale of a stake in a Hamburg container terminal to China’s state-owned shipping conglomerate Cosco Shipping Holdings Co.

October 25, 2022
Business, Equipment, Global Freight, TCA

Alabama Port Study Highlights Growth, Economic Impact

The Alabama State Port Authority has released a new study showing significant growth in jobs, tax revenue and general economic impact since 2019, underscoring the port’s place as a major economic driver in the state.

Lawrence Specker | Alabama Media Group
October 24, 2022
Business, Technology, Global Freight

CSX Q3 Profit Up 15% as Railroad Hauls 2% More Freight

CSX Corp. delivered 15% more profit in the third quarter as it handled 2% more freight and worked to eliminate the delays shippers have been complaining about for months.

Josh Funk | Associated Press
October 21, 2022
Business, Equipment, Global Freight, TCA

UPS Aircraft Mechanics Ratify Labor Contract

Aircraft mechanics at UPS Inc. voted to ratify a labor contract extension that will give them a 3.3% hike in pay annually for three years, the International Brotherhood of Teamsters union announced Oct. 18.

Kelly Yamanouchi | The Atlanta Journal-Constitution
October 19, 2022
Business, Safety, Global Freight, TCA

California Ports Reveal Surge in Harmful Emissions in 2021

California port officials announced an unprecedented increase in harmful emissions last year. Although the increase in pollution was substantial, officials said emissions are still much lower than levels in the mid-2000s.

Tony Briscoe | Chicago Tribune
October 18, 2022
Government, Technology, Logistics, Global Freight, TCA

Truckers Win Over BNSF in Case Regarding Illinois Biometrics Law

In what is believed to be the first jury verdict related to Illinois’ strict biometrics privacy law, a $228 million judgment has been entered against BNSF Railway in a class-action lawsuit over the railroad’s collection of fingerprint data.

Sarah Freishtat | Chicago Tribune
October 17, 2022
Business, Technology, Equipment, Fuel, Logistics, Global Freight

Maersk Expands Green Fleet With $1 Billion Order for Vessels

A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, ordered six large containerships that can sail on green methanol as part of the transport giant’s plan to become carbon neutral.

Christian Wienberg | Bloomberg News
October 5, 2022
Business, Logistics, Global Freight

MSC Launches Air Cargo Business

Mediterranean Shipping Co., the world’s largest container line, will expand into air cargo using four leased Boeing Co. wide-body freighters after missing out in a bid for Italy’s flag-carrier airline.

Bryce Baschuk | Bloomberg News
September 27, 2022
Business, Logistics, Global Freight

Shipping Container Lines Set to Smash Year-Old Profit Record

The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labor strains that are squeezing capacity amid sustained U.S. demand for imports.

Brendan Murray | Bloomberg News
August 9, 2022
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