CHATTANOOGA, Tenn. — U.S. Xpress Enterprises is hitting the brakes on its spending, cutting its nondriving staff by another 5% this month and looking for ways to dispose of extra real estate and trim other expenses to offset rising costs amid signs of a shipping slowdown in some industries.
August 26, 2022Sponsored by:
2017 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
The nation’s top for-hire carriers are taking steps to shore up capacity in anticipation of increasing demand for freight hauling and a tighter market for drivers.
Find out what carriers are doing to prepare for what looks like increased demand for freight hauling this year and next.
Rankings
Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Household Goods/Commercial Delivery Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | UniGroup | 1,700,000 |
| 2 | Sirva Worldwide Relocation & Moving | 1,500,000 |
| 3 | XPO | 828,200 |
| 4 | Atlas World Group | 795,239 |
| 5 | Suddath | 550,000 |
| 6 | Two Men and a Truck Movers | 440,000 |
| 7 | CRST The Transportation Solution | 250,000 |
| 8 | Wheaton World Wide Moving | 209,200 |
| 9 | JK Moving Services | 116,977 |
| 10 | ArcBest | 95,187 est |
| 11 | Interstate Van Lines | 93,200 |
| 12 | Stevens Worldwide Van Lines | 92,500 |
| 13 | Gentle Giant Moving Co. | 39,800 |
| 14 | Day & Ross | 21,777 |
Extras
About Us: Transport Topics' Top 100 For-Hire Carriers
110
On the Bubble
Oak Harbor Freight Lines
($197 million), Ed and David Vander Pol are co-presidents of this regional LTL carrier established in 1916 and based in Auburn, Wash. The company operates a network of 33 terminals in five western states.
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For-Hire News
Business, Logistics, For-Hire, TCA
U.S. Xpress Cuts Nondriving Staff, Slows Spending
Business, Technology, For-Hire, TCA
Covenant Official Says Range Is Biggest Factor in EV Adoption
CHATTANOOGA, Tenn. — The distance a battery-powered tractor-trailer can travel before recharging is “the big holdup” for the adoption of electric trucks, a top official for Chattanooga-based Covenant Logistics said Aug. 23.
August 24, 2022Business, Logistics, For-Hire, TCA
U.S. Xpress Partners With School to Launch Supply Chain Program
High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.
August 24, 2022Business, Logistics, For-Hire
PS Logistics Subsidiary Acquires Noble
DMT Trucking announced Aug. 9 that it has completed its acquisition of the Scottsboro, Ala.-based Noble family of transportation businesses.
August 18, 2022Business, Logistics, For-Hire, Top 100
XPO Posts Strong Q2 Earnings Amid Upcoming Leadership Change
XPO Logistics Inc. on Aug. 4 reported record revenue and net income for the second quarter, part of a busy week for the Greenwich, Conn.-based company.
August 5, 2022Business, Technology, Logistics, Breaking News, For-Hire
XPO Names Mario Harik to Succeed Brad Jacobs as CEO
XPO Logistics Inc. announced that Mario Harik will succeed Brad Jacobs as CEO of XPO and join the board of directors following XPO’s planned spinoff of its tech-enabled brokerage platform.
August 4, 2022Business, Logistics, For-Hire
U.S. Xpress Reports $554M Revenue for Q2
U.S. Xpress Enterprises posted revenue gains but sluggish earnings during the second quarter of 2022, the company reported Aug. 3.
August 4, 2022Business, Logistics, For-Hire
Werner Enterprises Reports Record for Q2
Werner Enterprises achieved its eighth consecutive quarter of record earnings per share during the second quarter of 2022, the company reported Aug. 3.
August 4, 2022Business, Technology, Logistics, For-Hire
Schneider Launches Digital Marketplace for Bulk Shippers
Schneider National launched a new digital marketplace that aims to give bulk shippers more flexibility and visibility, the carrier announced Aug. 4.
August 4, 2022Business, Equipment, For-Hire, Top 100
Daseke Reports Mixed Results in Second Quarter
Daseke Inc. saw a decline in earnings despite revenue gains during the second quarter of 2022, the company reported Aug. 2.
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