XPO Logistics Inc. on Aug. 4 reported record revenue and net income for the second quarter, part of a busy week for the Greenwich, Conn.-based company.
August 5, 20222020 Top Less-Than-Truckload Carriers
2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
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Up Front
Fleets have been overcoming unprecedented challenges to keep essential freight moving during the pandemic.
See the locations of the headquarters for each of the Top 100 for-hire carriers in North America.
COVID-19 has transformed 2020 into a tumultuous year for trucking, but the Top 100 list remains stable, at least for now.
Top Less-Than-Truckload Carriers
| Rank | Company | Sector Revenue (000) |
|---|---|---|
| 1 | FedEx Freight | 7,237,000 |
| 2 | Yellow Corp. | 4,871,200 |
| 3 | XPO Logistics | 4,815,000 |
| 4 | Old Dominion Freight Line | 4,109,111 |
| 5 | UPS Freight | 3,265,000 |
| 6 | Estes Express Lines | 3,260,000 |
| 7 | ABF Freight | 2,145,000 |
| 8 | R+L Carriers | 1,972,000 est |
| 9 | Saia Inc. | 1,786,735 |
| 10 | Southeastern Freight Lines | 1,166,622 |
| 11 | Averitt Express | 873,419 |
| 12 | Central Transport | 856,000 est |
| 13 | Dayton Freight Lines | 679,000 |
| 14 | TFI International | 627,322 |
| 15 | Pitt Ohio Transportation Group | 616,000 |
| 16 | AAA Cooper Transportation | 593,000 |
| 17 | Roadrunner Freight | 430,806 |
| 18 | Day & Ross Freight | 426,500 |
| 19 | A. Duie Pyle Inc. | 385,600 |
| 20 | Daylight Transport | 262,000 |
| 21 | Autotransportes de Carga Tresguerras | 244,500 est |
| 22 | Transportes Castores de Baja California | 233,500 est |
| 23 | Central Freight Lines | 232,000 |
| 24 | Oak Harbor Freight Lines | 220,194 |
| 25 | Forward Air Solutions | 207,400 |
| 26 | Ward Trucking | 185,000 |
| 27 | Transportes Julian de Obregon | 183,400 est |
| 28 | Fastfrate/Bestway | 169,605 |
| 29 | Standard Forwarding | 119,000 est |
| 30 | Midwest Motor Express | 105,300 |
| 31 | Landstar System | 98,324 |
| 32 | Transportadora Hercel / Transportadores Unidos (Grupo Transportes) | 95,700 est |
| 33 | Dependable Highway Express | 85,000 est |
| 34 | Peninsula Truck Lines | 76,467 |
| 35 | Anderson Trucking Service | 68,885 |
| 36 | Transportes Comandos del Norte | 66,700 est |
| 37 | Transportes de Carga FEMA | 58,900 est |
| 38 | Canada Cartage System | 53,580 |
| 39 | JP Express Service | 51,862 |
| 40 | Autotransportes de Carga El Duero / Fletes El Duero | 46,700 est |
| 41 | Transportes del Valle | 45,600 est |
| 42 | TransAmerica Express Logistics | 40,000 |
| 43 | Transportes Leon-Mexico | 37,700 est |
| 44 | Atlas World Group | 33,789 |
| 45 | Fletes y Materiales Forsis | 33,200 est |
| 46 | Diligent Delivery Systems | 21,420 |
| 47 | CalArk | 19,455 |
| 48 | TGR Logistics | 19,000 est |
| 49 | Bison Transport | 14,941 |
| 50 | Highlight Motor Group | 14,558 |
About the Rankings...
Extras
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109
On the Bubble
Diligent Delivery Systems($238 million), is a full service carrier based in Houston.
Learn more about Transport Topics' Top 100 For-Hire Companies publication.
COVID-19 has created significant financial challenges for many trucking and logistics companies.
Fleets are emphasizing cleaning and physical distancing at loading docks to help protect drivers from COVID-19.
Drivers have been more isolated than usual during the pandemic due to social distancing measures.
Market uncertainty due to COVID-19 has depressed demand for new trucking equipment.
Small trucking companies such as Boyle Transportation are playing a direct role in the response to COVID-19.
Industry experts explain how this public health crisis might change freight transportation in the years ahead.
Top 100 News
Business, Logistics, Top 100 
GXO Posts $2.2 Billion in Q2 Revenue, Marks First Anniversary
GXO Logistics Inc. closed out its first year as an independent company with revenue and earnings growth in the second quarter of 2022, the company reported Aug. 2.
August 3, 2022 Business, Equipment, For-Hire, Top 100 
Daseke Reports Mixed Results in Second Quarter
Daseke Inc. saw a decline in earnings despite revenue gains during the second quarter of 2022, the company reported Aug. 2.
August 2, 2022 Business, For-Hire, Top 100 
ArcBest Reports Record-Setting Quarter for Q2
ArcBest Corp. posted records for quarterly revenue, operating income and net income for the second quarter of 2022.
July 29, 2022 Business, Logistics, For-Hire, Top 100 
Forward Air Reports Record-Setting Quarter for Q2
Forward Air Corp. on July 27 reported all-time quarterly records for revenue, income from operations and net income per diluted share for the second quarter.
July 28, 2022 Business, Logistics, For-Hire, Top 100 
ODFL Reports Profit, Revenue Records for Second Quarter
Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.
July 27, 2022 Business, Technology, Equipment, Private, Top 100 
Walmart Canada Adds 60-Foot Multizone Refrigerated Trailer
Walmart Canada has expanded its fleet to include for the first time in North America a 60-foot multitemperature-zone refrigerated trailer, built by Utility Trailer Manufacturing Co.
July 25, 2022 Business, Logistics, For-Hire, Top 100 
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
July 21, 2022 Business, Logistics, For-Hire, Top 100 
Marten Reports Record-Breaking Results for Q2
Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.
July 19, 2022 Business, Logistics, For-Hire, Top 100 
Trucking Faces Pressure to Prepare for Holidays Early
Supply chain pressures are forcing trucking to get an early start to the holiday shipping season despite a shift of underlying conditions within the industry.
July 18, 2022Pages
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