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, 2023Top 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 Transportation Group | 555,907 |
16 | AAA Cooper Transportation | 548,000 |
17 | Roadrunner Freight | 464,000 |
18 | New England Motor Freight | 400,500 |
19 | A. Duie Pyle Inc. | 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
Knight-Swift Reports 69% Earnings Drop in Q3
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.
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.
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.
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.
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.
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.
Estes Rating, Quoting System Returns to Action After Cyberattack
Estes Express Lines late Oct. 12 said its rating and quoting system, as well as telephone lines and email access, were again operational following a cyberattack earlier in the month.
Mercedes Unveils Longhaul Electric Truck
Mercedes-Benz Trucks revealed a heavy-duty electric truck to take on Tesla Inc.’s battery-powered Semi, the latest move in the intensifying race to decarbonize road logistics.
Estes: Many Core IT Systems Operational Again After Attack
Estes Express Lines on Oct. 6 said a large share of its core IT infrastructure systems were “once again operational” following a cyberattack earlier in the week.