2021 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
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.
Rankings
Rank This Year 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 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%
Extras

Ports and airports across North America are clamoring to stay ahead of cargo backlogs and shipment load.

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Learn more about Transport Topics’ Top 50 Global Freight Carriers publication.

Global Freight News
Business, Logistics, Global Freight, TCA

Hapag-Lloyd Profitable Despite Global Downturn

HAMBURG, Germany — The German shipping company Hapag-Lloyd says it has made a good profit so far this year, despite the economic downturn and several international crises.

dpa | Hamburg, Germany
November 14, 2024
Business, Logistics, Private, Global Freight

Amazon Aims at Temu With Low-Priced Storefront Called Haul

Amazon launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for rock-bottom prices.

Matt Day | Bloomberg News
November 13, 2024
Business, Technology, Equipment, Fuel, Logistics, For-Hire, Private, Global Freight

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

Keiron Greenhalgh | Staff Reporter
November 7, 2024
Business, Logistics, For-Hire, Private, Global Freight

Retailers Offer ‘Returnless Refunds’ to Reduce Shipping Fees

Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.

Haleluya Hadero | Associated Press
November 4, 2024
Business, Logistics, Global Freight, Top 50

Ocean, Airfreight Volumes Falter in Rocky 2023

Shippers faced hurdles with both ocean freight and airfreight in 2023, leading to declined volumes at North America's top container ports and airports.

Mike Senatore | Features Coordinator
November 1, 2024
Government, Business, Logistics, Global Freight, Top 50

Top 50 Freight Companies Endure Global Trade Slump

A slump in international trade, geopolitical conflicts and economic uncertainty created a difficult business environment for the largest transportation and logistics providers in 2023.

Seth Clevenger | Managing Editor, Features and Multimedia
November 1, 2024
Government, Business, Technology, Logistics, Global Freight, Top 50

Looking Up: Airfreight Demand Takes Off in 2024

Demand for global air cargo traffic continues to increase amid ­e-commerce growth and ocean shipping constraints, driving prices higher as carriers and airports seek new efficiencies to maximize capacity.

Mindy Long | Special to Transport Topics
November 1, 2024
Business, Logistics, Global Freight, Top 100, Top 50

Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge

“As we get into the holiday season, we’re excited about what we have in store for customers,” CEO Andy Jassy said in a statement.

Matt Day | Bloomberg News
October 31, 2024
Business, Logistics, Global Freight, Top 100

DSV Secures $5.4 Billion in Bonds for DB Schenker Deal

The Danish transport company sold a six-part bond deal with maturities ranging from two to 10 years, according to a person familiar with the matter.

October 30, 2024
Business, Logistics, For-Hire, Global Freight, TCA

Anchorage’s International Airport Adds 5 Carriers

The Ted Stevens Anchorage International Airport has added five new international cargo carriers to its lineup this year, setting the stage for continued growth.

Alex DeMarban | Anchorage Daily News
October 25, 2024
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