Ryder System Inc. is to buy IFS Holdings, also known as Impact Fulfillment Services (IFS), for an undisclosed sum, the Miami-based company said Oct. 23.
October 24, 2023Sponsored 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 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 |
Extras
About Us: Transport Topics' Top 100 For-Hire Carriers
104
On the Bubble
Wheaton World Wide Moving
($209 million), Based in Indianapolis, Wheaton offers domestic and international household goods moving and storage services, along with transportation of high-value products, furniture and store fixtures through Wheaton Van Lines, Bekins Van Lines and Clark & Reid brands.
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For-Hire News
Logistics, For-Hire
Ryder to Buy Impact Fulfillment Services
Business, Technology, Equipment, Safety, For-Hire
Fleets Learn to Utilize In-Cab Technology
Some fleet operators are finding the right balance between software use and customization to map better routes, save money and simplify a wide array of functions.
October 23, 2023Business, For-Hire
Roadrunner Offers Free LTL Delivery on Late Shipments
Roadrunner is now offering free less-than-truckload freight delivery if the shipment does not arrive on the promised date, it said.
October 23, 2023Business, For-Hire
Knight-Swift Reports 69% Earnings Drop in Q3
Knight-Swift Transportation Holdings Inc. on Oct. 19 reported that its third-quarter earnings dropped by 69% year-over-year, even as revenue increased.
October 20, 2023Business, For-Hire
Mullen Group Reports Mixed Q3 Results
Mullen Group posted an increase in earnings despite a decline in overall revenue during the third quarter, the company reported Oct. 19.
October 19, 2023Business, Logistics, For-Hire
Marten Revenue Nears $280 Million Amid Tough Q3 Market
Marten Transport experienced a decline in revenue and earnings amid tough market conditions during the third quarter, the company reported Oct 18.
October 19, 2023Business, Technology, Equipment, Logistics, Autonomous, For-Hire
Autonomous Trucks Could Create Safer Roads, Better Jobs
AUSTIN, Texas — Autonomous truck developers and their industry partners see opportunities for this technology to improve road safety and create more desirable jobs for drivers.
October 19, 2023Government, Business, Equipment, For-Hire
Yellow Aims to Appoint Auction Houses for Rolling Stock Sale
The administrators of Yellow Corp. aim to use auction houses to sell off the bankrupt less-than-truckload carrier’s rolling stock, according to court filings.
October 18, 2023Business, Logistics, For-Hire
J.B. Hunt Q3 Profit Slides 30.4% Year-Over-Year
J.B. Hunt Transport Services posted a 30.4% year-over-year decrease in profits in the third quarter, undershooting analyst expectations as revenues declined at each of the carrier’s operating units.
October 17, 2023Business, Equipment, For-Hire
Yellow Extends Bid Deadline for Trucks, Trailers
Yellow Corp. has rescheduled the bid deadline for its fleet of trucks and trailers, according to court documents related to the shuttered carrier’s ongoing bankruptcy proceedings.
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