2020 Top Air/Expedited Carriers

2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America

Up Front

Fleets have been overcoming unprecedented challenges to keep essential freight moving during the pandemic.
See the locations of the headquarters for each of the Top 100 for-hire carriers in North America.
COVID-19 has transformed 2020 into a tumultuous year for trucking, but the Top 100 list remains stable, at least for now.

Rankings

Rank Company Revenue (000)
1 Forward Air 804,100
2 Roadrunner Freight 672,965
est
3 XPO 477,300
4 ArcBest 252,000
5 Landstar System 121,485
6 LoadOne 108,000
est
7 Magnate Worldwide 73,000
8 Averitt Express 12,236
est
9 Sameday Worldwide 9,046

Extras

If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
108

On the Bubble

Navajo Express ($243 million), is a refrigerated and truckload carrier based in Denver.
Learn more about Transport Topics' Top 100 For-Hire Companies publication.
COVID-19 has created significant financial challenges for many trucking and logistics companies.
Fleets are emphasizing cleaning and physical distancing at loading docks to help protect drivers from COVID-19.
Drivers have been more isolated than usual during the pandemic due to social distancing measures.
Market uncertainty due to COVID-19 has depressed demand for new trucking equipment.
Small trucking companies such as Boyle Transportation are playing a direct role in the response to COVID-19.
Industry experts explain how this public health crisis might change freight transportation in the years ahead.

For-Hire News

GovernmentBusinessSafetyLogisticsFor-Hire

Federal Agents Take Aim at ‘Cabotage’ in Arizona

Commercial truck drivers holding B-1 visas can haul freight between the U.S. and Mexico but are prohibited from domestic U.S. transport of goods, even if those goods are foreign in origin.

January 23, 2026
GovernmentBusinessLogisticsFor-Hire

December Freight Tonnage Inched Up Against Sluggish Market

Freight tonnage remained constrained with a slight sequential improvement in December, failing to overcome its generally lower levels, American Trucking Associations reported Jan. 20.

January 22, 2026
BusinessTechnologyEquipmentLogisticsFor-Hire

December Medium-Duty Truck Sales Cap Sluggish 2025

Classes 4-7 retail truck sales for the month decreased 15.5% to 19,082 units from 22,586 a year earlier. Medium-duty sales haven’t trended ahead of the prior year since January 2025.

January 20, 2026
BusinessLogisticsFor-Hire

J.B. Hunt Misses Revenue Estimates on Freight Slump

J.B. Hunt handled fewer longhaul, coast-to-coast shipments during the quarter, with intermodal volumes shifting toward shorter hauls in the eastern U.S.

January 16, 2026
BusinessEquipmentLogisticsFor-HirePrivate

ATA Begins Surveying for 2026 Driver Compensation Study

The last ATA Driver Compensation Study found truckload drivers earned median annual pay of $76,420 in 2023, a 10% increase compared with the level reported in 2021’s study.

January 15, 2026
BusinessLogisticsFor-HireTop 100

Southeastern Freight Lines Boosts Cross-Border Operations

Southeastern Freight Lines joined the ranks of less-than-truckload carriers beefing up their cross-border operations as the value of trade between the U.S. and Mexico increases.

January 14, 2026
BusinessEquipmentLogisticsFor-Hire

STG Logistics Files for Bankruptcy, Continues Operations

STG and 64 affiliates filed for court protection with the U.S. Bankruptcy Court for the District of New Jersey. The company expects to exit court protection in around five months’ time.

January 12, 2026
BusinessEquipmentLogisticsFor-HireTop 100

Koch Acquires Store Opening Solutions

Murfreesboro, Tenn.-based Store Opening Solutions specializes in retail fixture, furniture and equipment inventory. It will become part of the Koch Logistics division.

January 12, 2026
BusinessLogisticsFor-HireGlobal Freight

Current, Former Executives Buy USA Truck From DSV

DSV said in October it was working on selling USA Truck, which did not fit its vision for asset-light North American on-road operations. USA Truck CEO George Henry will continue in the role.

January 12, 2026
BusinessEquipmentFor-Hire

Dart Transit Group Sold After 90 Years of Family Ownership

The acquisition does not change day-to-day operations. The Dart name and operating entities remain unchanged, and drivers, customers, leadership and staff will remain in place.

January 9, 2026

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