Knight-Swift Transportation Holdings Inc. extended its winning streak in auctions of former Yellow Corp. terminals, strengthening its less-than-truckload operations.
February 14, 2024Top 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 | Bison Transport | 12,028 |
2 | CalArk | 13,007 |
3 | Spee-Dee Delivery Service | 14,600 |
4 | Fletes y Materiales Forsis | 31,400 |
5 | Transportes Leon-Mexico | 35,700 |
6 | Transportes del Valle | 43,200 |
7 | Servicio de Transportacion Jaguar | 44,000 |
8 | Autotransportes de Carga El Duero / Fletes El Duero | 44,200 |
9 | Transportes de Carga FEMA | 55,800 |
10 | Transportes Comandos del Norte | 63,200 |
11 | Peninsula Truck Lines | 66,476 |
12 | Anderson Trucking Service | 67,189 |
13 | Dependable Highway Express | 73,600 |
14 | Landstar System | 89,041 |
15 | Transportadora Hercel / Transportadores Unidos (Grupo Transportes) | 90,600 |
16 | TransX Group of Companies | 91,419 |
17 | Midwest Motor Express | 105,100 |
18 | Standard Forwarding | 110,000 est |
19 | Fastfrate Group | 123,764 |
20 | Forward Air | 163,932 |
21 | Ward Trucking | 166,000 est |
22 | Transportes Julian de Obregon | 173,700 |
23 | Oak Harbor Freight Lines | 204,947 |
24 | Transportes Castores de Baja California | 221,100 |
25 | Daylight Transport | 229,000 est |
26 | Autotransportes de Carga Tresguerras | 231,500 |
27 | Central Freight Lines | 266,000 |
28 | Day & Ross Freight | 278,374 |
29 | A. Duie Pyle Inc. | 309,600 |
30 | New England Motor Freight | 400,500 |
31 | Roadrunner Freight | 464,000 |
32 | AAA Cooper Transportation | 548,000 |
33 | Pitt Ohio Transportation Group | 555,907 |
34 | Dayton Freight Lines | 558,200 |
35 | TFI International | 748,175 |
36 | Central Transport | 754,000 |
37 | Averitt Express | 768,957 |
38 | Southeastern Freight Lines | 1,040,423 |
39 | Saia Inc. | 1,378,510 |
40 | R+L Carriers | 1,580,000 |
41 | ABF Freight | 1,993,314 |
42 | Estes Express Lines | 2,740,000 |
43 | UPS Inc. | 2,998,000 |
44 | Old Dominion Freight Line | 3,358,112 |
45 | XPO | 3,600,000 |
46 | Yellow Corp. | 4,891,000 |
47 | FedEx Freight | 6,904,000 |
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
Knight-Swift Adds 10 More Leased Yellow Terminals to Haul
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.
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.
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.
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.
Forward Air CEO Tom Schmitt Exits After Omni Deal Completion
Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.
Trucking Executives Cite Opportunities for AI Adoption
LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.
ArcBest Reports 31% Earnings Gain Despite Revenue Drop
ArcBest Corp. experienced a 30.7% increase in earnings despite a decline in revenue during the fourth quarter of 2023, the company reported Feb. 6.
Auto Stoppages Push P.A.M. Transportation Into Red in Q4
Labor stoppages at automotive manufacturers across the U.S. and a weak freight environment hit profits at carrier P.A.M. Transportation in the final three months of 2023, the company said.
Saia Targets Further Expansion Via $1 Billion in 2024 Capex
Saia Inc. expects 2024 to be another year of significant expansion after picking up business and terminals following the implosion of less-than-truckload rival Yellow Corp., executives said.