Forward Air Corp. and Omni Logistics have settled litigation surrounding a planned merger that allows a deal to proceed under amended terms, the companies announced Jan. 22.
January 22, 2024Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Less-Than-Truckload Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | FedEx Freight | 6,904,000 |
2 | Yellow Corp. | 4,891,000 |
3 | XPO | 3,600,000 |
4 | Old Dominion Freight Line | 3,358,112 |
5 | UPS Inc. | 2,998,000 |
6 | Estes Express Lines | 2,740,000 |
7 | ABF Freight | 1,993,314 |
8 | R+L Carriers | 1,580,000 |
9 | Saia Inc. | 1,378,510 |
10 | Southeastern Freight Lines | 1,040,423 |
11 | Averitt Express | 768,957 |
12 | Central Transport | 754,000 |
13 | TFI International | 748,175 |
14 | Dayton Freight Lines | 558,200 |
15 | Pitt Ohio Transportation Group | 555,907 |
16 | AAA Cooper Transportation | 548,000 |
17 | Roadrunner Freight | 464,000 |
18 | New England Motor Freight | 400,500 |
19 | A. Duie Pyle Inc. | 309,600 |
20 | Day & Ross Freight | 278,374 |
21 | Central Freight Lines | 266,000 |
22 | Autotransportes de Carga Tresguerras | 231,500 |
23 | Daylight Transport | 229,000 est |
24 | Transportes Castores de Baja California | 221,100 |
25 | Oak Harbor Freight Lines | 204,947 |
26 | Transportes Julian de Obregon | 173,700 |
27 | Ward Trucking | 166,000 est |
28 | Forward Air | 163,932 |
29 | Fastfrate Group | 123,764 |
30 | Standard Forwarding | 110,000 est |
31 | Midwest Motor Express | 105,100 |
32 | TransX Group of Companies | 91,419 |
33 | Transportadora Hercel / Transportadores Unidos (Grupo Transportes) | 90,600 |
34 | Landstar System | 89,041 |
35 | Dependable Highway Express | 73,600 |
36 | Anderson Trucking Service | 67,189 |
37 | Peninsula Truck Lines | 66,476 |
38 | Transportes Comandos del Norte | 63,200 |
39 | Transportes de Carga FEMA | 55,800 |
40 | Autotransportes de Carga El Duero / Fletes El Duero | 44,200 |
41 | Servicio de Transportacion Jaguar | 44,000 |
42 | Transportes del Valle | 43,200 |
43 | Transportes Leon-Mexico | 35,700 |
44 | Fletes y Materiales Forsis | 31,400 |
45 | Spee-Dee Delivery Service | 14,600 |
46 | CalArk | 13,007 |
47 | Bison Transport | 12,028 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Extras
On the Bubble
Forward Air Reaches Deal With Omni Logistics on Acquisition
J.B. Hunt Reports Revenue Declined to $3.3 Billion for Q4
J.B. Hunt Transport Services Inc. reported a decline in fourth-quarter earnings as a result of weaker performance across its segments and rising insurance costs, the company reported Jan. 18.
Industry Takes Fresh Look at Reverse Logistics
Reverse logistics — the management and movement of returned goods — is one of the most significant systems in the economy, and one of the most complicated.
TFI to Buy Daseke for $1.1 Billion
TFI International Inc., a Canadian carrier that has been growing through acquisitions, announced plans to purchase flatbed specialist Daseke Inc. for $1.1 billion, including debt.
Hub Group Buys Forward Air Final-Mile Unit for $262 Million
Hub Group Inc. is set to buy the final-mile unit of Forward Air Corp. for about $262 million in cash, Oak Brook, Ill.-based Hub Group said.
Acceptance Grows for Driver-Assistance Technology
Drivers have had to grow accustomed to driver-assistance technologies such as the lane-assist function as fleets adopt the features for safety and legal reasons.
TMC Transportation Plans $38M South Carolina Campus
Iowa-based flatbed carrier TMC Transportation is consolidating its southeastern U.S. presence via a $38 million investment in its South Carolina operations.
Court Approves Sale of 128 Yellow-Owned Terminals
A Delaware court approved the sale of 128 freight terminals owned by bankrupt less-than-truckload carrier Yellow Corp., according to an audio recording of a Dec. 12 hearing.
Dark Horse Bidder Makes Second Offer for Yellow Assets
Next Century Logistics submitted a second bid for Yellow Corp. assets Dec. 7 after an initial offer to reanimate the bankrupt carrier was turned down by the administrators of Yellow’s assets.
Ryder Reveals First Two Companies in EV Fleet Program
Truck leasing and logistics company Ryder System identified its initial customers Dec. 5 for its RyderElectric+ turnkey electric vehicle fleet program.