The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.
July 27, 2022Sponsored by:
2017 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
The nation’s top for-hire carriers are taking steps to shore up capacity in anticipation of increasing demand for freight hauling and a tighter market for drivers.
Find out what carriers are doing to prepare for what looks like increased demand for freight hauling this year and next.
Rankings
Top 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 Mail Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | FedEx Corp. | 1,678,856 |
| 2 | Salmon Cos. | 241,796 |
| 3 | 10 Roads Express | 191,952 |
| 4 | UPS Inc. | 168,963 |
| 5 | United Airlines | 161,131 |
| 6 | Postal Fleet Services | 100,892 |
| 7 | Matheson Trucking | 96,360 |
| 8 | Midwest Transport | 91,194 |
| 9 | American Airlines | 86,349 |
| 10 | Kalitta Air | 78,464 |
| 11 | Southern Mail Service | 77,275 |
| 12 | Delta Air Lines | 72,009 |
| 13 | Bancroft and Sons Transportation | 69,502 |
| 14 | URSA Logistics | 43,820 |
| 15 | Beco Inc. | 43,446 |
| 16 | Tracie McCormick Inc. | 41,559 |
| 17 | Alan Ritchey Inc. | 41,376 |
| 18 | B&B Trucking | 38,316 |
| 19 | Sodrel Truck Lines | 31,683 |
| 20 | Northern Air Cargo Inc. | 31,683 |
Extras
About Us: Transport Topics' Top 100 For-Hire Carriers
109
On the Bubble
May Trucking Co.
($199 million), Based in Salem, Ore., this company has been operating since 1945 and provides refrigerated truckload and less-than-truckload freight services throughout the lower 48 states.
If your company appears on the 2017 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
For-Hire News
Business, Equipment, Logistics, For-Hire
Used Class 8 Prices Continue Slide in June, but Remain High
Business, Logistics, For-Hire
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 2022Business, For-Hire
Covenant Logistics Reaches $317M Revenue by Overcoming Q2 Headwinds
Covenant Logistics Group Inc. reported second-quarter revenue and earnings growth July 25, despite market headwinds.
July 26, 2022Business, Technology, Autonomous, For-Hire
10 Roads Express Launches Autonomous Route Using Kodiak Tech
The 10 Roads Express company launched an autonomous truck route in partnership with Kodiak Robotics, a driverless trucking company, they announced July 26.
July 26, 2022Business, For-Hire
FedEx Reduces US Sunday Deliveries in Some Rural Areas
FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.
July 22, 2022Business, Logistics, For-Hire, Top 100
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
July 21, 2022Business, Technology, Logistics, For-Hire
J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
July 20, 2022Business, Logistics, For-Hire
J.B. Hunt Reports Q2 Revenue Jump to $3.84 Billion
J.B. Hunt Transport Services Inc. on July 19 posted earnings and revenue growth for the second quarter that was driven by strong segment results.
July 20, 2022Business, Logistics, For-Hire, Top 100
Marten Reports Record-Breaking Results for Q2
Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.
July 19, 2022Business, Logistics, For-Hire
UPS Expands Cargo Services in India to Seize Airfreight Boom
UPS Inc. opened a second airport cargo-handling facility in India to capture soaring pandemic-driven demand for airfreight.
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