Covenant Logistics Group Inc. saw revenue and earnings improvements during the first quarter of 2022, the company reported April 27.
April 28, 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 Intermodal/Drayage Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | J.B. Hunt Intermodal | 3,796,251 |
| 2 | Hub Group | 2,191,067 |
| 3 | XPO | 1,500,000 |
| 4 | Schneider | 757,530 |
| 5 | California Cartage Co. | 440,000 |
| 6 | Evans Delivery | 404,000 |
| 7 | Swift Intermodal | 360,157 |
| 8 | IMC Cos. | 293,000 |
| 9 | RoadOne IntermodaLogistics | 175,000 |
| 10 | Forward Air | 166,000 |
| 11 | Universal Intermodal Services | 141,381 |
| 12 | Roadrunner Freight | 134,000 |
| 13 | Landstar System | 103,721 |
| 14 | TransX Group of Companies | 84,736 |
| 15 | Prime Inc. | 84,192 |
| 16 | Tiger Cool Express | 72,000 |
| 17 | Marten Transport | 71,490 |
| 18 | Cowan Systems | 68,070 |
| 19 | ASF Intermodal | 65,000 |
| 20 | TCW | 60,996 |
| 21 | Eagle Systems | 45,882 |
| 22 | NFI | 32,000 |
| 23 | Canada Drayage Inc. | 27,918 |
| 24 | Dart Intermodal | 26,870 |
| 25 | Celadon Group Inc. | 25,000 |
| 26 | Bison Transport | 16,061 |
Extras
About Us: Transport Topics' Top 100 For-Hire Carriers
107
On the Bubble
National Carriers Inc.
($205 million), Based in Liberal, Kan., National Carriers provides nationwide truckload service for refrigerated cargoes, mostly meat, with a combination of company-owned tractors and equipment provided by owner-operators. The company also provides lifestock hauling and spotting services.
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For-Hire News
Business, For-Hire
Covenant Logistics Posts $291.6 Million in Revenue for Q1
Business, For-Hire
Old Dominion Freight Line Reports Record Revenue for Q1
Old Dominion Freight Line’s revenue reached a record during the first quarter, the company announced April 27.
April 27, 2022Business, Logistics, For-Hire
UPS Reports Strong Q1 Earnings Amid Lower Package Volume
UPS Inc. reported first-quarter earnings that exceeded Wall Street expectations, saying its quarterly income increased to $3.3 billion compared with $2.77 billion in the first quarter of 2021.
April 26, 2022Business, For-Hire
Does Your Business Belong on Our List of Top 100 For-Hire Carriers?
Think your company deserves a spot on our prestigious 2022 For-Hire Carriers rankings? Or perhaps on one of our sector lists? Fill out our survey so you can be included!
April 25, 2022Business, 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.
April 25, 2022Business, 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, 2022Business, 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.
April 21, 2022Business, 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.
April 21, 2022Business, 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.
April 21, 2022Business, 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.
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