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 where the carriers are by regions in North America.
Find out what carriers are doing to prepare for what looks like increased demand for freight hauling this year and next.
Rankings
Rank Company Revenue (000)
1 FedEx Freight 6,352,000
2 Yellow Corp. 4,697,500
3 XPO 3,445,300
4 Old Dominion Freight Line 2,991,517
5 UPS Inc. 2,736,000
6 Estes Express Lines 2,400,000
7 ABF Freight 1,916,394
8 R+L Carriers 1,429,000
9 Saia Inc. 1,218,481
10 Southeastern Freight Lines 975,884
11 Averitt Express 717,000
est
12 Central Transport 703,000
est
13 TFI International 610,263
14 AAA Cooper Transportation 518,000
est
15 Dayton Freight Lines 489,277
16 Roadrunner Freight 461,000
17 New England Motor Freight 398,000
18 Pitt Ohio Transportation Group 397,000
est
19 A. Duie Pyle Inc. 290,000
est
20 Day & Ross Freight 249,673
21 Autotransportes de Carga Tresguerras 217,000
22 Transportes Castores de Baja California 207,200
23 Central Freight Lines 206,000
24 Daylight Transport 195,000
25 Oak Harbor Freight Lines 194,000
26 Carlile 180,000
27 Ward Trucking 153,000
28 Forward Air 148,600
29 Wilson Logistics 141,800
30 Lakeville Motor Express 126,000
31 Celadon Group Inc. 125,000
32 Fastfrate Group 111,371
33 TransX Group of Companies 97,446
34 Midwest Motor Express 95,400
35 Servicio de Transportacion Jaguar 88,800
36 Transportadora Hercel / Transportadores Unidos (Grupo Transportes) 84,900
37 Dependable Highway Express 77,373
38 Landstar System 74,530
39 Transportes Comandos del Norte 59,200
40 Anderson Trucking Service 53,310
41 Transportes de Carga FEMA 52,300
42 Autotransportes de Carga El Duero / Fletes El Duero 41,400
43 Transportes del Valle 40,500
44 Transportes Leon-Mexico 33,500
45 Fletes y Materiales Forsis 29,400
46 Spee-Dee Delivery Service 14,000
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, Logistics, For-Hire

Forward Air Reports 138% Earnings Drop for Q4

Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.

Connor D. Wolf | Staff Reporter
February 29, 2024
Government, Business, Safety, For-Hire

Groups Support Werner in Legal Filing Over ‘Nuclear’ Verdict

The Texas Trucking Association and another advocacy group have filed a “friend of the court” brief with the Texas Supreme Court asking that it reject a $100 million lower-court accident verdict against Werner Enterprises.

Eric Miller | Senior Reporter
February 28, 2024
Government, Business, Technology, For-Hire

New SEC Rules Prompt Closer Look at Cybersecurity

Trucking businesses need to take a close look at the state of their cybersecur­ity in 2024 now that tough, new disclosure rules from the Securities and Exchange Commission have gone live.

Joe Dysart | Webology 101
February 23, 2024
Business, Equipment, For-Hire

Estes, Pitt Ohio Among Firms Filling Yellow Void in Buffalo

Yellow Corp.’s shutdown has opened the door for Estes Express Lines, Pitt Ohio and more to make greater inroads in the Buffalo, N.Y., Niagara region.

Matt Glynn | The Buffalo (N.Y.) News
February 20, 2024
Business, Technology, Logistics, For-Hire

Social Media Platforms Open Fleets to Newer Recruiting Pool

Fleets are looking more to social media platforms to increase brand awareness, reach new customers and, increasingly, find new employees.

Amanda Smith | Special to Transport Topics
February 16, 2024
Government, Business, For-Hire

Knight-Swift Adds 10 More Leased Yellow Terminals to Haul

Knight-Swift Transportation Holdings Inc. extended its winning streak in auctions of former Yellow Corp. terminals, strengthening its less-than-truckload operations.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

Ryder Q4 Profit Slides on Weak Used Truck Prices, Rentals

Profits at Ryder System Inc. fell 39.8% in the fourth quarter of 2023 as weak freight conditions again sapped strength from used vehicle sales prices and rental activity, it said Feb. 14.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

XPO Looks to Lower Leverage, May Buy Back Debt Early, CFO Says

Less-than-truckload carrier XPO Inc. is working to reduce its leverage after it purchased assets from Yellow Corp. and might consider buying back some of its debt at par, its finance chief said.

Nina Trentmann | Bloomberg News
February 12, 2024
Business, For-Hire

TFI Eyes Merger for Truckload Operations as Part of Spinoff

TFI International’s truckload operations could be merged with a competitor to divide the Montreal-based company into two publicly traded entities, likely in 2025, its CEO said Feb. 9.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
Business, Logistics, For-Hire

TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll

Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
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