2016 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in the U.S. and Canada
Up Front
Learn how to be included in the 2017 Top 100 For-Hire Carriers listing.
Find out where the carriers are by regions in North America.
TT’s Dan Bearth hosted a livestream panel discussion on the disruptive influences affecting trucking.
Rankings
Rank Company Revenue (000)
1 FedEx Freight 6,170,000
2 Yellow Corp. 4,832,400
3 XPO 3,600,000
4 Old Dominion Freight Line 2,972,442
5 UPS Inc. 2,881,000
6 Estes Express Lines 2,367,000
7 ABF Freight 1,918,450
8 R+L Carriers 1,429,000
est
9 Saia Inc. 1,221,311
10 Southeastern Freight Lines 955,052
11 Averitt Express 702,000
12 TFI International 691,014
13 AAA Cooper Transportation 595,368
14 Roadrunner Freight 516,251
15 Dayton Freight Lines 452,817
16 Pitt Ohio Transportation Group 396,000
17 New England Motor Freight 388,000
18 A. Duie Pyle Inc. 281,554
19 Day & Ross Freight 270,148
20 Central Freight Lines 205,000
21 Daylight Transport 192,000
est
22 Oak Harbor Freight Lines 186,974
23 Ward Trucking 166,944
24 Watkins & Shepard Trucking 159,000
est
25 Wilson Logistics 147,550
26 Forward Air 129,988
27 Lakeville Motor Express 120,000
est
28 Fastfrate Group 103,171
29 Midwest Motor Express 93,000
est
30 TransX Group of Companies 92,859
31 Landstar System 80,687
32 Dependable Highway Express 75,000
est
33 Anderson Trucking Service 54,096
34 Atlas World Group 38,178
Extras
North America’s for-hire carriers face an onslaught of regulations and potential disruption from technologies.
102

On the Bubble

Ward Transport & Logistics Corp. is a less-than-truckload carrier based in Altoona, Pennsylvania.
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For-Hire News
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
Business, For-Hire

Auto Stoppages Push P.A.M. Transportation Into Red in Q4

Labor stoppages at automotive manufacturers across the U.S. and a weak freight environment hit profits at carrier P.A.M. Transportation in the final three months of 2023, the company said.

Keiron Greenhalgh | Staff Reporter
February 5, 2024
Business, For-Hire

Saia Targets Further Expansion Via $1 Billion in 2024 Capex

Saia Inc. expects 2024 to be another year of significant expansion after picking up business and terminals following the implosion of less-than-truckload rival Yellow Corp., executives said.

Keiron Greenhalgh | Staff Reporter
February 5, 2024
Business, Technology, Safety, Fuel, For-Hire

Fleets, Suppliers Work to Curb Fuel Card Skimming

Fuel card skimming is proving to be the most challenging and expensive fraud that carriers are facing.

Dan Calabrese | Special to Transport Topics
February 5, 2024
Business, Technology, For-Hire

VMRS Portal Is Nearly Here

The Vehicle Maintenance Reporting Standards system is undergoing major updates, including an online portal and codes for electric vehicles.

Steve Brawner | Contributing Writer
February 2, 2024
Business, Logistics, For-Hire

Schneider Reports 12% Revenue Decline for Q4

Schneider National experienced a year-over-year decline in profits as well as revenue during the fourth quarter of 2023, the company reported Feb. 1.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, Logistics, For-Hire

Landstar Reports 28% Revenue Decline for Q4

Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, Logistics, For-Hire

Ryder to Acquire Cardinal Logistics

Ryder System Inc. is acquiring Cardinal Logistics in a deal that will add 2,900 power units, 3,400 drivers and 200 operating locations to its existing network.

Dan Ronan | Senior Reporter
February 1, 2024
Business, Logistics, For-Hire, Top 100

Forward Air Completes Acquisition of Omni Logistics

Forward Air on Jan. 25 announced the completion of its long-pending acquisition of Omni Logistics, with both companies’ leaders touting the benefits of the merger.

Dan Ronan | Senior Reporter
January 31, 2024
Business, Logistics, For-Hire, Top 100

UPS to Cut 12,000 Jobs, Explore Sale of Coyote Amid Weak Q4

UPS Inc. is reducing its overall employee head count by 12,000 workers, which the company says will save more than $1 billion, citing higher labor costs and softening demand.

Dan Ronan | Senior Reporter
January 30, 2024
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