2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
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.
Rankings
Rank Company Revenue (000)
1 Highlight Motor Group 14,558
2 Bison Transport 14,941
3 TGR Logistics 19,000
est
4 CalArk 19,455
5 Diligent Delivery Systems 21,420
6 Fletes y Materiales Forsis 33,200
est
7 Atlas World Group 33,789
8 Transportes Leon-Mexico 37,700
est
9 TransAmerica Express Logistics 40,000
10 Transportes del Valle 45,600
est
11 Autotransportes de Carga El Duero / Fletes El Duero 46,700
est
12 JP Express Service 51,862
13 Canada Cartage System 53,580
14 Transportes de Carga FEMA 58,900
est
15 Transportes Comandos del Norte 66,700
est
16 Anderson Trucking Service 68,885
17 Peninsula Truck Lines 76,467
18 Dependable Highway Express 85,000
est
19 Transportadora Hercel / Transportadores Unidos (Grupo Transportes) 95,700
est
20 Landstar System 98,324
21 Midwest Motor Express 105,300
22 Standard Forwarding 119,000
est
23 Fastfrate Group 169,605
24 Transportes Julian de Obregon 183,400
est
25 Ward Trucking 185,000
26 Forward Air 207,400
27 Oak Harbor Freight Lines 220,194
28 Central Freight Lines 232,000
29 Transportes Castores de Baja California 233,500
est
30 Autotransportes de Carga Tresguerras 244,500
est
31 Daylight Transport 262,000
32 A. Duie Pyle Inc. 385,600
33 Day & Ross Freight 426,500
34 Roadrunner Freight 430,806
35 AAA Cooper Transportation 593,000
36 Pitt Ohio Transportation Group 616,000
37 TFI International 627,322
38 Dayton Freight Lines 679,000
39 Central Transport 856,000
est
40 Averitt Express 873,419
41 Southeastern Freight Lines 1,166,622
42 Saia Inc. 1,786,735
43 R+L Carriers 1,972,000
est
44 ABF Freight 2,145,000
45 Estes Express Lines 3,260,000
46 UPS Inc. 3,265,000
47 Old Dominion Freight Line 4,109,111
48 XPO 4,815,000
49 Yellow Corp. 4,871,200
50 FedEx Freight 7,237,000
Extras
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
104

On the Bubble

Cassens Transport Co. ($251 million), is a motor vehicle hauling carrier based in Edwardsville, Ill.
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.
For-Hire News
Business, Logistics, For-Hire

Forward Air Reports 138% Earnings Drop for Q4

Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.

Connor D. Wolf | Staff Reporter
February 29, 2024
Government, Business, Safety, For-Hire

Groups Support Werner in Legal Filing Over ‘Nuclear’ Verdict

The Texas Trucking Association and another advocacy group have filed a “friend of the court” brief with the Texas Supreme Court asking that it reject a $100 million lower-court accident verdict against Werner Enterprises.

Eric Miller | Senior Reporter
February 28, 2024
Government, Business, Technology, For-Hire

New SEC Rules Prompt Closer Look at Cybersecurity

Trucking businesses need to take a close look at the state of their cybersecur­ity in 2024 now that tough, new disclosure rules from the Securities and Exchange Commission have gone live.

Joe Dysart | Webology 101
February 23, 2024
Business, Equipment, For-Hire

Estes, Pitt Ohio Among Firms Filling Yellow Void in Buffalo

Yellow Corp.’s shutdown has opened the door for Estes Express Lines, Pitt Ohio and more to make greater inroads in the Buffalo, N.Y., Niagara region.

Matt Glynn | The Buffalo (N.Y.) News
February 20, 2024
Business, Technology, Logistics, For-Hire

Social Media Platforms Open Fleets to Newer Recruiting Pool

Fleets are looking more to social media platforms to increase brand awareness, reach new customers and, increasingly, find new employees.

Amanda Smith | Special to Transport Topics
February 16, 2024
Government, Business, For-Hire

Knight-Swift Adds 10 More Leased Yellow Terminals to Haul

Knight-Swift Transportation Holdings Inc. extended its winning streak in auctions of former Yellow Corp. terminals, strengthening its less-than-truckload operations.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

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.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

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.

Nina Trentmann | Bloomberg News
February 12, 2024
Business, For-Hire

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.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
Business, Logistics, For-Hire

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.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
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