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

Georgia Ports Handled Record Number of Automobiles in 2023

SAVANNAH, Ga. — The Georgia Ports Authority said that it moved a record number of automobiles across its docks in Brunswick in 2023, while goods sent to Savannah in containers declined 16%.

Russ Bynum | Associated Press
January 30, 2024
Government, Business, Technology, Equipment, Logistics, Global Freight

Freight Elite Struggle to Hit Climate Goals as Demand Surges

Although there are signs of progress, the largest delivery companies have scaled back climate pledges and the industry isn’t keeping pace with climbing emissions from a global demand surge.

Ben Elgin | Bloomberg News
January 30, 2024
Government, Technology, Safety, Global Freight

Norfolk Southern Piloting Anonymous Employee Safety Hotline

OMAHA, Neb. — About 1,000 engineers and conductors who work for Norfolk Southern soon will be able to report safety concerns anonymously through a federal system without fear of discipline.

Josh Funk | Associated Press
January 30, 2024
Business, Fuel, Global Freight

Maersk Unveils World’s Biggest Methanol-Powered Containership

A.P. Moller-Maersk A/S’s newest methanol-powered vessel will soon set sail from South Korea as the shipper seeks to reduce emissions in one of the world’s most-polluting industries.

Heejin Kim | Bloomberg News
January 26, 2024
Business, Safety, Logistics, Global Freight

Union Pacific Profit Up 1% in Q4 as Deliveries Rise

OMAHA, Neb. — Union Pacific’s fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles.

Josh Funk | Associated Press
January 25, 2024
Business, Logistics, Global Freight

Canadian National Railway Maintains Earnings Growth Forecast

Canadian National Railway is sticking with its outlook for double-digit profit growth over the next few years, moving past a 2023 marred by labor strife, low grain shipments and a sluggish economy.

Stephanie Hughes | Bloomberg News
January 24, 2024
Government, Technology, Global Freight, TCA

USPS Installs EV Chargers in Atlanta, Will Expand Nationwide

This week, USPS unveiled its first set of EV charging stations at its South Atlanta Sorting and Delivery Center, the first of hundreds that will be installed at centers nationwide this year.

Leada Gore | al.com
January 23, 2024
Government, Business, Safety, Fuel, Logistics, Global Freight

Red Sea Chaos Starting to Impair Profits Across Industries

With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply chain strains show up in companies’ earnings reports.

January 23, 2024
Government, Business, Logistics, Global Freight, TCA

STB Calls for Status Hearing on Gulf Coast Amtrak Project

The U.S. Surface Transportation Board, which oversaw hearings into the possible restart of Gulf Coast rail during 2022, is calling the parties involved in the case for a status hearing.

John Sharp | Alabama Media Group (Birmingham, Ala.)
January 22, 2024
Government, Business, Safety, Logistics, Private, Global Freight

Red Sea Attacks Disrupt Food Trade, Risk Higher Grocery Costs

Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to halt a slowdown in food inflation that brought some relief to strained consumers.

January 19, 2024
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