Top 10: Shipping Companies
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10.) Japan Post Service
Headquarters: Tokyo, Japan
As part of state-owned superpower Japan Post Holdings, a company that was ranked No. 6 in the Fortune Global 500 in 2010, the Japan Post Service is one of four main divisions that helped generate over $200 billion in 2009. Previously part of a government-owned mail monopoly, the Japan Post shipping company has plans to go fully private in the future.
9.) Royal Mail
Headquarters: London England
Founded in 1516, Royal Mail is to the United Kingdom what the USPS is to the United States: a state-owned postal service responsible for universal mail collection. After posting several trade deficits last decade, Royal Mail bounced back in the 2008-2009 fiscal year, reportedly posting a full-year profit for the first time in two decades.
8.) Parcelforce Worldwide
Headquarters: Milton Keynes, UK
The United Kingdom’s largest private shipping service delivers more than one millions parcels a day across 34 European countries, and is a direct competitor of other worldwide delivery brands like DHL, FedEx and UPS. Parcelforce Worldwide’s hub in the UK is one of the country’s largest buildings, covering 43 acres.
7.) YRC Worldwide
Headquarters: Overland Park, Kansas, USA
YRC Worldwide is one of the largest transportation service providers in the country, and offers supply chain solutions for heavyweight shipments, where they ship industrial, commercial and retail goods. The Kansas-based company nearly filed for bankruptcy in late 2009, but has been approaching a net-positive balance sheet since then. YRC Woldwide employs about 50,000 people.
6.) TNT N.V.
Headquarters: Hoofddorp, Netherlands
The Netherlands’ TNT N.V. operates postal services in eight different European countries, including the UK, Germany, Italy and Belgium, and is one of Europe’s largest shipping companies. After selling off its logistics unit in 2006, TNT N.V. has been focusing its efforts on express delivery and mail services.
5.) Schenker AG
Headquarters: Berlin, Germany
Unfortunately, having over 91,000 employees with 2,400 offices around the globe only places you fifth on this list and second overall in Germany. Thanks, DHL. But Schenker AG isn’t a shipping company to be laughed at, as the company once claimed to be the No. 1 in European land transport and No. 2 in the world in air transport.
4.) United States Postal Service
Headquarters: Washington, D.C., US
Despite being limited to serving only the US, the United State Postal Service (or USPS) is the second-largest civilian employer in the United States after Wal-Mart, and owns the largest civilian vehicle fleet in the world. The USPS shipping company posted a 2010 revenue of $67.05 billion, and employs close to 600,000 people.
3.) FedEx Corporation
Headquarters: Memphis, Tennessee, US
Only Delta Air Lines owns a larger civil aircraft fleet in the world, helping make FedEx Corporation a top-three shipping company worldwide. Founded in 1971, Memphis-based FedEx has a number of colorfully inspired commercials and has naming rights to the Washington Redskin’s American football stadium, coined FedEx Field.
2.) DHL Express
Headquarters: Bonn, Germany
When co-founders Larry Hillblom, Adrian Dalsey and Robert Lynn created DHL as a courier service between San Francisco and Honolulu in 1969, we doubt they even dreamed they’d one day be one of the top shipping companies in the world. But that’s exactly what they are, as DHL express employs about 500,000 people worldwide.
1.) United Parcel Service, Inc.
Headquarters: Sandy Springs, Georgia, US
An awesome line of commercials featuring “the Whiteboard” helped make the United Parcel Service a pop culture hit. It helped that the ads were incredibly easy to produce, requiring only creator Andy Azula, a whiteboard and a brown marker.
UPS reportedly delivers more than 15 million packages a day to 6.1 million customers in more than 220 countries and territories worldwide. With a large fleet of its trademark brown trucks and a fleet of over 200 aircraft, UPS certainly has the goods to deliver your shipment on time.
Perhaps more importantly, the shipping company performed quite well in a recent study published by Popular Mechanics. UPS went up against rivals USPS and FedEx, with the study showing that your package gets flipped the least while in transit with UPS. Parcels were also dropped less with UPS than with FedEx, according to the study.
So, what can brown do for you?
Top 10 air freight carriers
10. Cargolux Group
The Luxembourgish freight carrier Cargolux Group (comprised of Cargolux Airlines and Cargolux Italia, established in 2008) remained in the number 10 spot, with a total reported FTK (Freight Tonne Kilometer) equaling 7.45 bn, which represents a 7.7% expansion year-over-year. The carrier group currently operates a fleet of 30 aircraft (26 through Cargolux Airlines and an addition four through Cargolux Italia), primarily variants of the Boeing 747.
9. Korean Air
Headquartered in Seoul, Korean Air provides cargo and passenger services to over 100 destinations in 44 countries. The carrier fell from eighth place in the previous year’s rankings, with a total FTK of 7.66 bn, representing a 7.1% decrease year-over-year. Korean Air reported a net revenue of $10.7bn in 2017, also reporting a return to profitability for the first time in five years, according to Forbes.
8. Air France-KLM
The Air France-KLM freight carrier group was founded in 1947. The group is comprised of Air France, KLM, and Martinair, and is based in Paris, France. Falling from seventh place in the Freight 50 rankings, the carrier reported a total FTK of 8.13 bn, which represents a 9.2% decrease in traffic year-over-year. The group reported a net revenue of $29.08bn at the end of 2017 and is ranked #28 on Forbes Magazine’s list of Best Employers.
7. Qatar Airways
Qatar Airways, the nationally owned airline of the Kingdom of Qatar is based in Doha, and ascended two places in the Freight 50 rankings, with a total FTK of 9.22 bn, representing a 19.6% increase in comparison to the previous financial year. The carrier’s Cargo division recently launched facilities at its hub in Doha to provide a “Seamless Cool Chain”, comprised of a “2,470 square metres Climate Control Centre situated at the airside… equipped with segregated temperature-controlled sections for storing pharmaceuticals and perishables.” This end-to-end supply chain control is expected to further improve Qatar’s standing as a leader of Middle Eastern air freight.
6. Lufthansa Group
Based in Cologne, Germany, the Lufthansa Group (comprised of Lufthansa, Swiss, Austrian, and Brussels Airlines) fell from the fourth position in the Freight 50, with a combined FTK of 9.46 bn. While this represents a 1.6% increase in traffic, year-over-year, the carrier was forced down the list by drastic growth from other German freight company, DHL. According to Forbes, Lufthansa’s revenue and net profits ($41.5 bn and $2.78 bn, respectively) in 2017 are both the highest reported by the company over a ten-year period.
5. Cathay Group
The Cathay Group (composed of Cathay Pacific Airlines and Dragonair) is headquartered in Hong Kong and its Cargo division accounts for 21% of the airline’s total revenue. The company’s first dedicated cargo flight between Hong Kong, Frankfurt, and London, was established in 1981, according to the official site. Now, Cathay Pacific’s Cargo Division services over 47 destinations worldwide. The carrier fell from the fourth position on the Freight 50 ranking, as its total FTK fell by 3.6%, to 10.21 bn. According to Forbes, Cathay Pacific experienced a second year of unprofitability, although the airline’s asset portfolio reached a record high in 2017, with a net value of $24.1bn.
4. DHL Express Group
Operating as the largest European carrier group, DHL Express Group (composed of DHL Air, DHL International, Air Hong Kong, Polar Air Cargo, ABX Air, Southern Air, Aerologic, and EAT Leipzig) rose two positions in the Freight 50 rankings. The carrier reported a total FTK of 10.56 bn, which represents an increase of 15.1% year-over-year. In 2018, at the Farnborough Air Show, DHL Express announced the purchase of 14 Boeing 777s, part of a new strategy to modernise its fleet.
3. UPS Airlines
Headquartered in Atlanta, Georgia, UPS Airlines is part of United Parcel Service, Inc. Founded in 1908, UPS is the oldest company in the Top Ten, and retained third place in the Freight 50 rankings, with a total FTK of 11.26 bn. This represents a 3.9% increase year-over-year. The Company as a whole reported a net revenue of $67.7 bn, according to Forbes, representing a continuation of a ten-year trend of continuous growth. Forbes also ranks UPS among the world’s top 100 most-innovative companies, and the world’s top 50 most-valuable brands.
2. Emirates Skycargo
The state-owned air freight carrier for the UAE, Emirates Skycargo remains in second place on the Freight 50, with a total FTK of 12.27 bn, representing a 0.4% decrease year-over-year. The carrier’s central hub in Dubai allows its 259-strong fleet to reach over 1.5 bn consumers in under eight hours. Current purchasing plans are underway for Emirates Skycargo to almost double its fleet size. According to Albawaba, “In response to increasing demand from its customers, Emirates SkyCargo introduced a range of air transport solutions specific to industry verticals including Emirates Pharma, Emirates Wheels and Emirates Fresh.” Emirates Wheels has transported close to 150 cars per month since the program’s inception.
1. FedEx Express
Founded in 1998, FedEx Express is both the youngest and largest air freight carrier worldwide, with a total FTK of 15.71 bn. Haulage decreased by 0.9% year-over-year, while revenue increased to $60.5 bn in 2016, and again to $63.8 bn in 2017, continuing an eight-year growth trend. FedEx employs 395,000 members of staff, with FedEx Express operating across twelve transport hubs globally. The carrier purchased an additional 24 Boeing 777 variants in 2018, maintaining their company’s position as the largest airline in terms of cargo haulage.