2021 Top 50 Global Freight

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 Group 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.

If your company appears in the 2021 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.

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

Global Freight News

BusinessEquipmentLogisticsFor-HireGlobal FreightTop 100

Trucking Prepares for Subdued 2025 Holiday Shipping Season

Carriers attribute the softer outlook to shippers front-loading inventory earlier in the year due to tariff concerns, combined with cautious consumer spending amid inflation worries.

November 20, 2025
GovernmentBusinessSafetyLogisticsFor-HireGlobal Freight

UPS Plane That Crashed in Kentucky Had Cracks in Engine Mount

A series of photos released by the National Transportation Safety Board shows the left engine coming off the UPS plane and flying up and over the wing as it rolled down the runway.

November 20, 2025
BusinessLogisticsFor-HirePrivateGlobal Freight

Walmart Raises Profit Expectations as Americans Hunt Deals

Walmart posted strong sales and profits that blew past Wall Street expectations as it sets itself up for a strong holiday shopping season.

November 20, 2025
GovernmentBusinessLogisticsGlobal FreightTCA

USPS Announces Major Changes to Shipping Prices in 2026

The changes will raise shipping services prices approximately 6.6% for Priority Mail service, 5.1% for Priority Mail Express service, 7.8% for USPS Ground Advantage, and 6% for Parcel Select.

November 20, 2025
GovernmentBusinessLogisticsFor-HireGlobal Freight

FedEx CEO Says Global Supply Chain Shocks to Persist

The changes to global trade and supply chains driven by factors including technology and geopolitical risks are likely to persist over the long term, according to FedEx CEO Raj Subramaniam.

November 20, 2025
GovernmentBusinessLogisticsGlobal Freight

US-China Trade Truce May Ease Logistics Costs, DP World Says

“It will definitely be positive for the cost of logistics,” said Mohammed Akoojee. “Up until now, the trade war has increased the cost of logistics in terms of freight rates and duties.”

November 18, 2025
BusinessLogisticsFor-HireGlobal Freight

Amazon Attracts About $80 Billion of Orders for US Bond Sale

Amazon is the world’s largest seller of rented computing, which is critical to powering AI systems. The company has been investing heavily in data centers and chips to build and run AI models.

November 17, 2025
GovernmentBusinessLogisticsFor-HireGlobal Freight

Postmaster General Says USPS Should Boost Final-Mile Delivery

David Steiner said USPS should work with more customers to provide final- or last-mile delivery to individual homes and businesses, the most expensive and labor-intensive part of delivery.

November 17, 2025
BusinessTechnologyEquipmentLogisticsFor-HireGlobal Freight

Ford Taps Amazon to Let Shoppers Buy Its Used Cars Online

Ford joins Hyundai Motor on the Amazon Autos portal, which allows car buyers to browse, finance and purchase a used car by clicking on the familiar “add to cart” icon.

November 17, 2025
BusinessLogisticsFor-HireGlobal FreightTCA

UPS Driver Joins Actor Glen Powell for 'SNL' Monologue

Powell lamented that, for the past four years, the UPS driver might have thought he was a liar. So when he got the call to host "SNL," he and his family decided to make things right.

November 17, 2025

Archives

  • 2024

  • 2023

  • 2022

  • 2021

  • 2020

  • 2019

  • 2018

  • 2017

  • 2016

  • 2015