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
Government, Business, Technology, Safety, For-Hire

Bernie Sanders Launches Probe Into Amazon Workplace Safety

Sen. Bernie Sanders (I-Vt.) launched an investigation into charges of unsafe working conditions at Amazon.com Inc. warehouses across the U.S.

Laura Litvan | Bloomberg News
June 20, 2023
Business, For-Hire

FedEx Forecasts Profit Below Estimates as Demand Weakens

FedEx Corp. finished its 2023 fiscal year with mixed quarterly results as the freight carrier is in the midst of a deep cost-cutting and restructuring effort.

Dan Ronan | Senior Reporter
June 20, 2023
Business, Logistics, For-Hire

Roadrunner Bolsters Expansion Efforts With Eight New Lanes

Roadrunner opened eight new lanes across its network as part of a multiyear process to improve service offerings, the company announced June 20.

Connor D. Wolf | Staff Reporter
June 20, 2023
Business, Equipment, Safety, For-Hire

UPS, Teamsters Agree to Install Air Conditioning in Trucks

The International Brotherhood of Teamsters says UPS Inc. has agreed to equip its delivery and logistics vehicles with air conditioning systems, a key point in contract negotiations. 

Dan Ronan | Senior Reporter
June 14, 2023
Business, For-Hire

Strike Unlikely at ABF Freight After Deal With Teamsters

The ArcBest Corp. subsidiary ABF Freight System has reached a tentative agreement with the Teamsters National Freight Industry Negotiating Committee, the company announced June 7.

Connor D. Wolf | Staff Reporter
June 8, 2023
Business, Technology, Equipment, Fuel, For-Hire

Fleets Focus on Driver Performance to Raise Fuel Economy

Trucking companies are increasingly investing in training, technology and incentives to optimize driver performance when it comes to fuel consumption.

Stephen Bennett | Special to Transport Topics
June 6, 2023
Business, Logistics, For-Hire

UPS-Teamsters Talks to Resume Today

Negotiations were set to resume June 5 between UPS and members of the International Brotherhood of Teamsters, which represents an estimated 360,000 UPS drivers and other workers.

Dan Ronan | Senior Reporter
June 1, 2023
Business, Technology, Logistics, For-Hire

Estes Express Lines Opens Terminal in California

Estes Express Lines took a major step in its expansion and sustainability initiatives with the opening of a new terminal in Banning, Calif., the carrier announced May 26.

Connor D. Wolf | Staff Reporter
May 31, 2023
Business, For-Hire

Seattle Amazon Workers Protest Climate Goals, Layoffs

SEATTLE — Hundreds of corporate Amazon workers protested what they decried as the company’s lack of progress on climate goals and an inequitable return-to-office mandate May 31.

Ed Komenda | Associated Press
May 31, 2023
Business, Technology, Equipment, For-Hire

PGT Trucking Delivers Nucor Steel Using Nikola Truck

PGT Trucking announced it had delivered its inaugural shipment of low-greenhouse-gas steel, produced by steel manufacturer Nucor, using a Nikola Class 8 zero-emission vehicle.

Dan Ronan | Senior Reporter
May 30, 2023
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