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 Less-Than-Truckload Carriers
| 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
101
On the Bubble
Melton Truck Lines Inc.
($222 million), Based in Tulsa, Okla, this company provides freight brokerage and transportation management services and sells equipment through a subsidiary called Liberty Truck and Trailer Leasing.
If your company appears on the 2017 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
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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