2019 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
Up Front
Policy negotiations have put freight patterns in flux.
Despite trade tensions, growth has continued.
How the Netherlands is handling increased demand.
Rankings
Rank This Year Rank Last Year Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
1 1 FedEx Corp. United States $63,914 $68,716 93.0%
2 2 UPS Inc. United States $61,253 $71,861 85.2%
3 3 China Railway Corp. China $45,001 $165,494 27.2%
4 4 Maersk Denmark $34,707 $39,019 88.9%
5 5 Russian Railways Russia $26,012 $38,403 67.7%
6 6 Deutsche Post DHL Group Germany $24,307 $72,622 33.5%
7 9 CMA CGM Group France $23,480 $23,480 100.0%
8 7 Mediterranean Shipping Co. Switzerland $22,892 $22,892 100.0%
9 8 Union Pacific Corp. United States $22,832 $22,832 100.0%
10 10 BNSF Railway United States $22,578 $23,855 94.6%
11 11 Indian Railways India $18,628 $26,092 71.4%
12 14 Cosco Shipping Group China $18,179 $18,179 100.0%
13 15 Deutsche Bahn AG Germany $13,630 $51,943 26.2%
14 17 Hapag-Lloyd AG Germany $13,586 $13,586 100.0%
15 20 SF Express China $13,547 $13,547 100.0%
16 18 Yamato Holdings Japan $12,262 $14,712 83.0%
17 16 CSX Corp. United States $12,250 $12,250 100.0%
18 13 NYK Group Japan $11,693 $18,281 64.0%
19 19 Norfolk Southern Corp. United States $11,458 $11,458 100.0%
20 22 Canadian National Railway Canada $10,747 $11,045 97.3%
21 12 Mitsui O.S.K Lines Japan $10,668 $11,311 94.3%
22 25 SG Holdings Japan $8,568 $10,353 82.8%
23 24 GeoPost Group France $8,306 $8,699 95.5%
24 21 Kawaski Kisen Kaisha Ltd. ( Japan $8,299 $8,299 100.0%
25 23 XPO United States $8,241 $17,279 47.7%
26 26 J.B. Hunt Transport Services United States $7,297 $8,615 84.7%
27 28 Canadian Pacific Railway Canada $5,516 $5,642 97.8%
28 31 Evergreen Marine Corp. Taiwan $5,210 $5,613 92.8%
29 29 Yellow Corp. United States $5,092 $5,092 100.0%
30 30 Knight-Swift Transportation United States $4,760 $5,344 89.1%
31 32 Hyundai Merchant Marine Co. South Korea $4,745 $4,745 100.0%
32 33 Yang Ming Marine Transport Corp. Taiwan $4,704 $4,704 100.0%
33 34 Transnet Group South Africa $4,275 $5,588 76.5%
34 35 Schneider United States $4,057 $4,977 81.5%
35 38 Old Dominion Freight Line United States $4,044 $4,044 100.0%
36 - General Logistics Systems Netherlands $3,850 $3,850 100.0%
37 36 TFI International Canada $3,746 $3,951 94.8%
38 40 Cathay Pacific Airways Hong Kong $3,613 $14,170 25.5%
39 37 Emirates Group United Arab Emirates $3,555 $26,147 13.6%
40 39 Nippon Express Japan $3,396 $19,245 17.6%
41 42 ZIM Integrated Shipping Services Israel $3,248 $3,248 100.0%
42 43 Lufthansa Group Germany $3,201 $42,292 7.6%
43 41 Toll Group Australia $3,128 $6,350 49.3%
44 49 Wallenius Wilhelmsen Group Norway $3,049 $4,063 75.0%
45 44 Pacific International Lines Singapore $2,800 $4,065 68.9%
46 46 Estes Express Lines United States $2,787 $3,186 87.5%
47 - Qatar Airways Qatar $2,753 $13,126 21.0%
48 47 Korean Air South Korea $2,737 $11,496 23.8%
49 45 Kansas City Southern United States $2,714 $2,714 100.0%
50 - Cargolux Luxembourg $2,634 $2,634 100.0%
Extras
Spending on ports projects has risen.
Companies and government agencies work to minimize effects of the E.U. departure.
Memphis International retains the top spot; Louisville honors boxing legend.
Find out where the Top Global Freight Carriers are around the world.
Learn more about Transport Topics' Top 50 Global Freight Carriers Publication.
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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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