Transport Topics magazine fresh out with its list of the top 50 global freight carriers, based on 2020 freight revenues.
As seen in the chart below showing the top 10, UPS edge past rival FedEx to become the world’s largest carrier - but the UPS' hold on that position may be doubtul , as it sold its trucking division, UPS Freight, to TFI International in April 2021, removing some $4 billion in annual revenue:
Source: Transport Topics
The full top 50 list can be found here.
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