2021 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
Up Front
Rankings
Top 50 Global Freight | Airport Data
Port Data: Pacific Northwest | California & Pacific Islands | North Atlantic | Mid-Atlantic & South Atlantic | Mexico & Central America | Gulf Coast | Caribbean | Great Lakes
| 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% |
Top 50 Global Freight Companies
Revenue from acquired companies only included for period after close of acquisition. All revenue figures have been converted to U.S. dollars based on the average exchange rate in the appropriate calendar year.
Sources: Company reports and SJ Consulting Group Inc. estimates
To be included in the Top 50 list, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 50 list.
Extras
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Global Freight News
Amazon Workers Seek $30 an Hour in North Carolina
Amazon employee organizers in Garner, N.C., won the right to hold an election this week to determine whether workers at the facility will be represented by an upstart union.
February 11, 2025Rivian Broadens Sales of Van Once Exclusive to Amazon
Rivian said it will sell its electric delivery van designed for Amazon to other customers, a move to boost revenue from fleet operators as consumer demand for battery-powered cars slows.
February 10, 2025Trump Maintains Duty-Free Exception on Chinese Goods
President Donald Trump said he would maintain the duty-free exception for low-value packages coming from China until “adequate systems are in place to fully and expediently process and collect tariff revenue.”
February 7, 2025Amazon Posts Strong Q4 Earnings, but Stock Dips on Q1 Outlook
Amazon on Feb. 6 reported better-than-expected revenue and profit for the holiday shopping period, but its share price dipped in after-hours trading due to disappointing guidance for Q1.
February 7, 2025Logistics Agents Put 30% Levy on Shein, Temu Retailers
Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S.
February 6, 2025US Postal Service Resumes Accepting Packages From China
The U.S. Postal Service on Feb. 5 said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.
February 5, 2025Amazon to Face Legal Action After Layoffs in Quebec
Amazon.com Inc.’s decision to close all seven of its warehouses in the Canadian province of Quebec and terminate more than 1,900 workers is prompting legal action from the affected union.
February 4, 2025UPS Posts 1.5% Revenue Growth; Shares Fall on Amazon Deal
UPS Inc. experienced revenue and earnings growth despite a tougher freight market in the fourth quarter of 2024, the parcel delivery company reported Jan. 30.
January 30, 2025US, UK Ships Return to Red Sea on Houthis’ Vow to Hold Fire
British and American ships are tentatively returning to the Red Sea after Yemen’s Houthi rebels vowed to hold off attacks on vessels linked to both nations.
January 28, 2025Whole Foods CEO Buechel Named Amazon’s Grocery Chief
Buechel, a former management consultant, joined Whole Foods in 2013, and led efforts to unify the formerly decentralized chain’s technology and record-keeping systems.
January 28, 2025Archives
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