Werner Enterprises experienced a year-over-year drop in earnings on a slight decrease in revenue during the third quarter, the company reported Nov. 1.
November 2, 2023Top 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 Less-Than-Truckload Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | Spee-Dee Delivery Service | 14,000 |
2 | Fletes y Materiales Forsis | 29,400 |
3 | Transportes Leon-Mexico | 33,500 |
4 | Transportes del Valle | 40,500 |
5 | Autotransportes de Carga El Duero / Fletes El Duero | 41,400 |
6 | Transportes de Carga FEMA | 52,300 |
7 | Anderson Trucking Service | 53,310 |
8 | Transportes Comandos del Norte | 59,200 |
9 | Landstar System | 74,530 |
10 | Dependable Highway Express | 77,373 |
11 | Transportadora Hercel / Transportadores Unidos (Grupo Transportes) | 84,900 |
12 | Servicio de Transportacion Jaguar | 88,800 |
13 | Midwest Motor Express | 95,400 |
14 | TransX Group of Companies | 97,446 |
15 | Fastfrate Group | 111,371 |
16 | Celadon Group Inc. | 125,000 |
17 | Lakeville Motor Express | 126,000 |
18 | Wilson Logistics | 141,800 |
19 | Forward Air | 148,600 |
20 | Ward Trucking | 153,000 |
21 | Carlile | 180,000 |
22 | Oak Harbor Freight Lines | 194,000 |
23 | Daylight Transport | 195,000 |
24 | Central Freight Lines | 206,000 |
25 | Transportes Castores de Baja California | 207,200 |
26 | Autotransportes de Carga Tresguerras | 217,000 |
27 | Day & Ross Freight | 249,673 |
28 | A. Duie Pyle Inc. | 290,000 est |
29 | Pitt Ohio Transportation Group | 397,000 est |
30 | New England Motor Freight | 398,000 |
31 | Roadrunner Freight | 461,000 |
32 | Dayton Freight Lines | 489,277 |
33 | AAA Cooper Transportation | 518,000 est |
34 | TFI International | 610,263 |
35 | Central Transport | 703,000 est |
36 | Averitt Express | 717,000 est |
37 | Southeastern Freight Lines | 975,884 |
38 | Saia Inc. | 1,218,481 |
39 | R+L Carriers | 1,429,000 |
40 | ABF Freight | 1,916,394 |
41 | Estes Express Lines | 2,400,000 |
42 | UPS Inc. | 2,736,000 |
43 | Old Dominion Freight Line | 2,991,517 |
44 | XPO | 3,445,300 |
45 | Yellow Corp. | 4,697,500 |
46 | FedEx Freight | 6,352,000 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Extras
On the Bubble
Werner Enterprises Reports Earnings Drop on Steady Revenue
Forward Air Reports 82% Earnings Drop During Q3
Forward Air Corp. reported an 82.2% drop in earnings during the third quarter of 2023 as revenue declined amid a weak freight environment, the company reported Oct 30.
Jack Cooper Making $2 Billion Bid for Bankrupt Yellow
Jack Cooper Transport is reportedly making a nearly $2 billion bid to snatch up the assets of Yellow, the trucking firm that collapsed in late July and filed for bankruptcy.
Court Approves Yellow Administrators’ Auction Plans
A court on Oct. 27 approved plans by the administrators of Yellow to use auctioneers to sell the company’s rolling stock, as Jack Cooper Transport eyes a bid to rescue the motor carrier.
XPO Reports Revenue Increase Despite Tough Conditions
XPO posted an increase in revenue but a dip in profit during the third quarter amid a challenging freight environment, the company said Oct 30.
Universal Reports Revenue Decline Amid Q3 Headwinds
Universal Logistics Holdings experienced an overall decrease in revenue, with each segment facing year-over-year declines for the third quarter of 2023, the company reported Oct 26.
Ryder Reports Slight Revenue Decline for Q3
Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.
Estes Express IT System Fully Restored, COO Says
Estes Express Lines’ information technology systems are “completely restored” after a cyberattack earlier in October, according to Chief Operating Officer Webb Estes.
UPS Reports Lower Earnings on Labor Deal Costs
UPS Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.
TFI Third-Quarter Profit Dives 45.6% on Weak Freight Market
TFI International profits in the third quarter slumped 45.6% year-over-year, with the Canadian company primarily citing weaker market conditions, especially in the truckload market.