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
17 15 CSX Corp. United States $11,811 $11,811 100%
19 18 Norfolk Southern Corp. United States $10,511 $10,511 100%
28 32 J.B. Hunt Transport Services United States $5,501 $6,188 89%
30 - XPO United States $5,111 $12,411 41%
32 34 Yellow Corp. United States $4,832 $4,832 100%
8 7 BNSF Railway United States $21,002 $21,967 96%
1 2 FedEx Corp. United States $52,014 $56,241 92%
34 40 Swift Transportation United States $3,903 $4,229 92%
2 1 UPS Inc. United States $51,777 $58,363 89%
37 43 Schneider United States $3,423 $3,800 90%
5 6 Union Pacific Corp. United States $21,813 $21,813 100%
44 - Old Dominion Freight Line United States $2,972 $2,972 100%
40 47 Emirates Group United Arab Emirates $3,034 $22,738 13%
33 35 Yang Ming Marine Transport Corp. Taiwan $4,022 $4,022 100%
35 37 Evergreen Marine Corp. Taiwan $3,857 $4,220 91%
10 8 Mediterranean Shipping Co. Switzerland $19,751 $19,751 100%
49 - Korean Air South Korea $2,318 $10,011 23%
23 23 Hanjin Shipping Co. South Korea $6,800 $6,800 100%
31 31 Hyundai Merchant Marine Co. South Korea $4,878 $4,878 100%
36 36 Transnet Group South Africa $3,707 $4,887 76%
38 - Pacific International Lines Singapore $3,169 $4,600 69%
6 5 Russian Railways Russia $21,408 $32,652 66%
50 - Wallenius Wilhelmsen Logistics Norway $2,308 $3,321 70%
45 39 Kazakhstan Temir Zholy Kazakhstan $2,874 $3,474 83%
18 17 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $10,867 $10,867 100%
20 19 Yamato Group Japan $9,674 $11,436 85%
25 24 SG Holdings Group Japan $6,318 $8,215 77%
13 11 NYK Group Japan $14,751 $20,428 72%
46 50 Nippon Express Japan $2,810 $16,046 18%
14 13 Mitsui O.S.K Lines Japan $13,919 $15,112 92%
42 45 ZIM Integrated Shipping Services Israel $2,999 $2,999 100%
11 10 Indian Railways India $17,868 $25,653 70%
27 27 Orient Overseas (International) Ltd. Hong Kong $5,953 $5,953 100%
43 48 Cathay Pacific Airways Hong Kong $2,983 $13,202 23%
48 49 Lufthansa Group Germany $2,616 $35,603 7%
16 14 Deutsche Bahn AG Germany $12,311 $44,946 27%
24 26 Hamburg Süd Group Germany $6,726 $6,726 100%
9 9 Deutsche Post DHL Group Germany $19,880 $65,784 30%
15 21 Hapag-Lloyd AG Germany $13,441 $13,441 100%
26 29 GeoPost Group France $6,131 $6,303 97%
7 12 CMA CGM Group France $21,084 $21,727 97%
4 4 Maersk Denmark $29,696 $41,205 72%
22 28 SF Express China $7,612 $7,612 100%
3 3 China Railway Corp. China $37,208 $147,452 25%
12 16 COSCO Group China $15,450 $15,964 97%
21 20 Canadian National Railway Canada $9,606 $9,882 97%
29 30 Canadian Pacific Railway Canada $5,134 $5,260 98%
41 - TFI International Canada $3,013 $3,158 95%
39 41 Toll Group Australia $3,078 $6,397 48%
47 44 Aurizon Australia $2,687 $2,687 100%
Extras

Ports are turning to automation to handle continued growth.

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Global Freight News
Business, Logistics, Global Freight

Shipping Giant CMA CGM Posts Loss as Red Sea Conflict Rages

CMA CGM SA posted its first quarterly loss in four years as the shipping industry struggles with the conflict in the Red Sea and the specter of overcapacity.

Tara Patel | Bloomberg News
February 23, 2024
Business, Logistics, Global Freight, TCA

Port of Mobile to Build Container Facility in North Alabama

The Alabama Port Authority and CSX Transportation announced that Decatur, Ala., will be home to a new intermodal container transfer facility to connect north Alabama to the Port of Mobile.

David Gambino | The Decatur Daily, Ala.
February 8, 2024
Government, Business, Safety, Global Freight

Maersk Warns of Slowdown Once Freight Boost Fades

A.P. Moller-Maersk A/S shares plunged after the company said it expects renewed gloom in the industry this year when the current boost to freight rates from the Red Sea conflict evaporates.

February 8, 2024
Business, Technology, Logistics, Autonomous, Global Freight, TCA

Cincinnati Airport Deploys Autonomous Baggage Handling EVs

Cincinnati/Northern Kentucky International Airport is using devices known as Auto-DollyTugs, electric autonomous vehicles complete with “robotic arms,” to handle baggage and cargo.

Skip Descant | Government Technology
February 6, 2024
Business, Technology, Logistics, Global Freight

Amazon Beats Revenue and Profit Expectations for Q4

Amazon on Feb. 1 reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season.

Haleluya Hadero | Associated Press
February 2, 2024
Business, Logistics, Global Freight, TCA

Container Boom Leads to Q4 Earnings Dip at Hapag-Lloyd

HAMBURG, Germany — The sharp drop in freight prices following the pandemic has caused a slump in sales and profits at German container shipping company Hapag-Lloyd.

dpa | Hamburg, Germany
January 31, 2024
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
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