TFI International is cutting costs across both its Less-Than-Truckload and Truckload businesses amid what CEO Alain Bédard described as a stubbornly lackluster freight environment.
July 26, 2024![Image](/sites/default/files/images/logos/top100forhiredash_1_0.png)
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 | 6,904,000 |
2 | Yellow Corp. | 4,891,000 |
3 | XPO | 3,600,000 |
4 | Old Dominion Freight Line | 3,358,112 |
5 | UPS Inc. | 2,998,000 |
6 | Estes Express Lines | 2,740,000 |
7 | ABF Freight | 1,993,314 |
8 | R+L Carriers | 1,580,000 |
9 | Saia Inc. | 1,378,510 |
10 | Southeastern Freight Lines | 1,040,423 |
11 | Averitt Express | 768,957 |
12 | Central Transport | 754,000 |
13 | TFI International | 748,175 |
14 | Dayton Freight Lines | 558,200 |
15 | Pitt Ohio | 555,907 |
16 | AAA Cooper Transportation | 548,000 |
17 | Roadrunner Freight | 464,000 |
18 | New England Motor Freight | 400,500 |
19 | A. Duie Pyle | 309,600 |
20 | Day & Ross Freight | 278,374 |
21 | Central Freight Lines | 266,000 |
22 | Autotransportes de Carga Tresguerras | 231,500 |
23 | Daylight Transport | 229,000 est |
24 | Transportes Castores de Baja California | 221,100 |
25 | Oak Harbor Freight Lines | 204,947 |
26 | Transportes Julian de Obregon | 173,700 |
27 | Ward Trucking | 166,000 est |
28 | Forward Air | 163,932 |
29 | Fastfrate Group | 123,764 |
30 | Standard Forwarding | 110,000 est |
31 | Midwest Motor Express | 105,100 |
32 | TransX Group of Companies | 91,419 |
33 | Transportadora Hercel / Transportadores Unidos (Grupo Transportes) | 90,600 |
34 | Landstar System | 89,041 |
35 | Dependable Highway Express | 73,600 |
36 | Anderson Trucking Service | 67,189 |
37 | Peninsula Truck Lines | 66,476 |
38 | Transportes Comandos del Norte | 63,200 |
39 | Transportes de Carga FEMA | 55,800 |
40 | Autotransportes de Carga El Duero / Fletes El Duero | 44,200 |
41 | Servicio de Transportacion Jaguar | 44,000 |
42 | Transportes del Valle | 43,200 |
43 | Transportes Leon-Mexico | 35,700 |
44 | Fletes y Materiales Forsis | 31,400 |
45 | Spee-Dee Delivery Service | 14,600 |
46 | CalArk | 13,007 |
47 | Bison Transport | 12,028 |
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
TFI to Put LTL, Truckload Units on Diets as Q2 Profit Falls
Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gains
Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period.
Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize
Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.
Covenant Logistics Reports Nearly 5% Revenue Rise for Q2
Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.
Old Dominion Posts Third Straight Quarter of Revenue Growth
Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.
Gaining Driver Buy-In Is Key to Deploying Dash Cams
CHICAGO — Fleet operators are increasingly embracing the use of dash cameras, but successfully deploying these in-cab systems hinges on driver acceptance of the technology.
UPS Discusses Acquisition of Parcel Carrier in Mexico
The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.
Urban Delivery Hubs Present Solutions to Final-Mile Shipping
An evolving concept to address the issue of final-mile delivery is the urban delivery hub.
UPS Boosts Volume in US for First Time Since 2022
UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge.
XPO Launches Cross-Border Expansion Into Mexico
XPO launched a new service aimed at expanding its cross-border services between the U.S. and Mexico, the company announced July 17.