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2022 Top Air/Expedited Carriers

2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America

Up Front

For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.
The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.
Find out where the Top 100 For-Hire Carriers are based.

Rankings

Rank Company Revenue (000)
1 Forward Air 1,151,244
2 ArcBest 359,900
3 Covenant Logistics Group 337,100
4 Magnate Worldwide 73,000
est
5 Sameday Worldwide 7,400
6 NFI 5,000

Extras

Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.

For-Hire News

BusinessLogisticsFor-HireGlobal FreightTop 50Top 100

TFI Highlights Strong Cash Flow While Posting Lower Revenue

TFI International saw earnings and revenue decline as 2025 drew to a close, but CEO Alain Bédard noted LTL segment operating ratio improvement and strong cash flow for the carrier.

February 18, 2026
BusinessEquipmentLogisticsFor-Hire

Mullen Group Leans on Deals for Revenue Gains

A lack of capital investment by the private sector remained a significant headwind. Murray Mullen noted that consumers struggled with inflation as basic needs became more costly.

February 18, 2026
BusinessEquipmentLogisticsFor-Hire

Montgomery Transportation Founder to Launch Flatbed Carrier

Alabama-based Second Mile Transport will begin with 145 power units. The company has ordered 195 aluminum 53-foot trailers and already has 70 drivers signed up.

February 13, 2026
BusinessTechnologyEquipmentLogisticsFor-Hire

Rise in January Class 8 Orders Met With Tempered Optimism

ACT Research preliminary data showed orders increased 20% year over year to 30,800 units. But the data also showed orders fell 27.8% sequentially from 42,684 units.

February 12, 2026
BusinessTechnologyLogisticsAutonomousFor-HireGlobal FreightTop 50Top 100

Supply Chain AI Takes Spotlight at Manifest 2026

The embrace of technology was clear at Manifest 2026, where speakers and exhibitors presented ways the transportation sector can become smarter and faster by implementing AI and robotics.

February 12, 2026
BusinessTechnologyEquipmentSafetyFor-HirePrivate

Truck Driver Labor Pool Shows Signs of Q4 Tightening

The pool of available truck drivers showed signs of tightening during the fourth quarter amid a freight market that continues to face headwinds, according to experts.

February 10, 2026
BusinessEquipmentLogisticsFor-Hire

Quickway Owner Seeks Buyer for Carrier After Chapter 11 Filing

Paladin is the latest in a growing list of larger carriers to either shutter operations or declare bankruptcy amid the ongoing freight rate recession, including R&R Family of Cos.

February 9, 2026
BusinessFor-HireGlobal Freight

FedEx Leads Investors for $9.3 Billion InPost Buyout

Investors led by buyout firm Advent International and FedEx are seeking to buy Polish parcel-locker company InPost in a deal that values the business at $9.3 billion.

February 9, 2026
BusinessEquipmentSafetyLogisticsFor-HireTop 100

Werner Shifts Away From One-Way During Tough Q4

“We see signs of encouragement for the industry and Werner as we move into 2026,” Werner CEO Derek Leathers said during a call with investors.

February 6, 2026
BusinessEquipmentLogisticsFor-Hire

R&R Becomes Latest Trucking Company to Fall

In January, Pittsburgh-based R&R Family of Cos. shut down, according to a source. According to the source and court documents, R&R lost the backing of its largest lender.

February 5, 2026

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