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.
101

On the Bubble

Paschall Truck Lines ($268 million), is a truckload freight carrier based in Murray, Ky.
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
Business, Technology, Logistics, For-Hire

Ryder Opens Third E-Commerce Distribution Center in Columbus Market

Ryder System Inc. opened its third multiclient omnichannel distribution center in Columbus, Ohio, the company announced April 25.

Connor D. Wolf | Staff Reporter
April 25, 2022
Business, For-Hire

Penske Truck Leasing Expands in Washington State

Penske Truck Leasing announced it opened a new facility in Everett, Wash., that offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance.

April 22, 2022
Business, Logistics, For-Hire

Mullen Reports Q1 Revenue, Profit Growth

Mullen Group Ltd. reported double-digit increases in profit and revenue for the first quarter but warned that the motor carrier was concerned about surging inflation and higher fuel expenses.

Jerry Hirsch | Contributing Writer
April 21, 2022
Business, For-Hire

Landstar Reports Record Revenue, Earnings for Q1

Landstar System Inc. saw revenue and earnings reach a new record during the first quarter, the company reported April 20.

Connor D. Wolf | Staff Reporter
April 21, 2022
Business, Logistics, For-Hire

Knight-Swift Reports $1.8 Billion Revenue for Q1

Knight-Swift Transportation Holdings Inc. posted revenue and earnings growth during the first quarter, the company reported April 20.

Connor D. Wolf | Staff Reporter
April 21, 2022
Business, Logistics, For-Hire

J.B. Hunt Reports Jump in Revenue for Q1

J.B. Hunt Transport Services Inc. experienced a 33% increase in revenue year-over-year for the first quarter of 2022, the company reported April 18.

Connor D. Wolf | Staff Reporter
April 18, 2022
Business, Logistics, For-Hire

XPO to Open LTL Terminals in California, Georgia

XPO Logistics Inc. will expand its less-than-truckload network with the openings of two terminals, the company announced April 18.

April 18, 2022
Business, Logistics, For-Hire, Private, TCA

Amazon, UPS’ Biggest Customer, Is Also Its Biggest Competitive Threat

Amazon delivered more than 5 billion packages in the U.S. in 2021, while UPS delivered roughly 5.5 billion U.S. packages, according to company figures and industry estimates. Amazon has said it could surpass UPS this year, and it’s not alone in that prediction.

Kelly Yamanouchi | The Atlanta Journal-Constitution
April 14, 2022
Government, Fuel, For-Hire

Diesel Falls 7.1¢ to $5.073 a Gallon

The national average price of diesel shed 7.1 cents to $5.073 a gallon, according to Energy Information Administration data released April 11.

Connor D. Wolf | Staff Reporter
April 11, 2022
Business, For-Hire

Roehl Raises Pay With New Driver Compensation Plan

Roehl Transport has made a change to its driver pay plans that will allow driving teammates to make 12% to 14% more, the company announced April 6.

April 11, 2022
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