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 Daseke Inc. 1,416,400
2 Landstar System 1,295,817
3 Anderson Trucking Service 767,777
4 PS Logistics 747,339
est
5 Bennett Family of Companies 458,791
6 TMC Transportation 450,000
est
7 Mercer Transportation Co. 405,276
8 Maverick USA 389,182
9 Transport Investments 364,251
est
10 Melton Truck Lines 278,203
11 United Vision Logistics 261,000
est
12 PGT Trucking 258,893
13 CRST The Transportation Solution 227,000
14 Prime Inc. 226,094
15 Acme Truck Line 205,000
16 System Transport 179,000
17 Combined Transport 137,017
est
18 Roehl Transport 114,961
19 Evans Delivery 101,000
20 Long Haul Trucking 90,000
21 Fraley & Schilling 89,000
22 PI & I Motor Express 81,000
23 Carrier One Inc. 75,000
est
24 Super Transporte Internacional 56,400
est
25 Express Anahuac 54,400
est
26 JLE Industries 52,848
27 Decker Truck Line 49,290
est
28 TransAmerica Express Logistics 40,000
est
29 National Carriers 32,200
30 Bison Transport 31,281
31 Hunt Transportation 30,000
est
32 Canada Cartage System 26,790
33 C.R. England 26,300
34 Halvor Lines 23,700
35 NFI 19,000
36 WLX 18,900
est
37 Day & Ross 17,639
38 Koch Cos. 17,247
39 Bowers Trucking 15,000
40 TGR Logistics 8,000
41 Averitt Express 7,781
42 Diligent Delivery Systems 7,140
Extras
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110

On the Bubble

Magnate Worldwide ($235 million), is an air and expedited carrier based in Toledo, Ohio
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, Equipment, For-Hire

Estes, Pitt Ohio Among Firms Filling Yellow Void in Buffalo

Yellow Corp.’s shutdown has opened the door for Estes Express Lines, Pitt Ohio and more to make greater inroads in the Buffalo, N.Y., Niagara region.

Matt Glynn | The Buffalo (N.Y.) News
February 20, 2024
Business, Technology, Logistics, For-Hire

Social Media Platforms Open Fleets to Newer Recruiting Pool

Fleets are looking more to social media platforms to increase brand awareness, reach new customers and, increasingly, find new employees.

Amanda Smith | Special to Transport Topics
February 16, 2024
Government, Business, For-Hire

Knight-Swift Adds 10 More Leased Yellow Terminals to Haul

Knight-Swift Transportation Holdings Inc. extended its winning streak in auctions of former Yellow Corp. terminals, strengthening its less-than-truckload operations.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

Ryder Q4 Profit Slides on Weak Used Truck Prices, Rentals

Profits at Ryder System Inc. fell 39.8% in the fourth quarter of 2023 as weak freight conditions again sapped strength from used vehicle sales prices and rental activity, it said Feb. 14.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

XPO Looks to Lower Leverage, May Buy Back Debt Early, CFO Says

Less-than-truckload carrier XPO Inc. is working to reduce its leverage after it purchased assets from Yellow Corp. and might consider buying back some of its debt at par, its finance chief said.

Nina Trentmann | Bloomberg News
February 12, 2024
Business, For-Hire

TFI Eyes Merger for Truckload Operations as Part of Spinoff

TFI International’s truckload operations could be merged with a competitor to divide the Montreal-based company into two publicly traded entities, likely in 2025, its CEO said Feb. 9.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
Business, Logistics, For-Hire

TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll

Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
Business, Logistics, For-Hire

Forward Air CEO Tom Schmitt Exits After Omni Deal Completion

Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.

Keiron Greenhalgh | Staff Reporter
February 8, 2024
Business, Technology, Logistics, Autonomous, For-Hire

Trucking Executives Cite Opportunities for AI Adoption

LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.

Seth Clevenger | Managing Editor, Features and Multimedia
February 8, 2024
Business, For-Hire

ArcBest Reports 31% Earnings Gain Despite Revenue Drop

ArcBest Corp. experienced a 30.7% increase in earnings despite a decline in revenue during the fourth quarter of 2023, the company reported Feb. 6.

Connor D. Wolf | Staff Reporter
February 7, 2024
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