Forward Air on Jan. 25 announced the completion of its long-pending acquisition of Omni Logistics, with both companies’ leaders touting the benefits of the merger.
January 31, 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 Mail Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | FedEx Corp. | 2,050,717 |
2 | 10 Roads Express | 390,445 |
3 | Salmon Cos. | 341,073 |
4 | Postal Fleet Services | 248,967 |
5 | UPS Inc. | 211,211 |
6 | United Airlines | 177,324 |
7 | Kalitta Air | 170,893 |
8 | Evo Transportation & Energy Services | 164,890 |
9 | Matheson Trucking | 143,339 |
10 | Southern Mail Service | 114,719 |
11 | Midwest Transport | 114,320 |
12 | American Airlines | 84,891 |
13 | Delta Air Lines | 82,789 |
14 | Bancroft and Sons Transportation | 80,703 |
15 | Alan Ritchey Inc. | 71,967 |
16 | Northern Aviation Services | 59,528 |
17 | Davenport Transportation | 51,584 |
18 | Tracie McCormick Inc. | 49,873 |
19 | Beco Inc. | 49,799 |
20 | Alaska Air Group | 49,149 |
21 | B&B Trucking | 48,525 |
22 | AJR Trucking | 41,995 |
23 | Alaska Central Express | 41,505 |
24 | McCormick Trucking | 38,025 |
25 | Sodrel Truck Lines | 37,858 |
26 | XPO | 36,388 |
27 | Metro Air Service | 33,181 |
28 | Everts Air Alaska | 31,787 |
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 Completes Acquisition of Omni Logistics
UPS to Cut 12,000 Jobs, Explore Sale of Coyote Amid Weak Q4
UPS Inc. is reducing its overall employee head count by 12,000 workers, which the company says will save more than $1 billion, citing higher labor costs and softening demand.
Kodiak Opens Truck Port at Ryder Facility in Houston
Kodiak Robotics opened a second truck port for its autonomous semis at a Ryder System Inc. fleet maintenance facility in Houston, the companies said Jan. 23.
Knight-Swift Reports 11% Revenue Increase for Q4
Knight-Swift Transportation Holdings profits dropped during the fourth quarter but the carrier experienced an increase in revenue, the company reported Jan. 24.
Forward Air Reaches Deal With Omni Logistics on Acquisition
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.
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.