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.
Rank Company Revenue (000)
1 FedEx Freight 7,237,000
2 Yellow Corp. 4,871,200
3 XPO 4,815,000
4 Old Dominion Freight Line 4,109,111
5 UPS Inc. 3,265,000
6 Estes Express Lines 3,260,000
7 ABF Freight 2,145,000
8 R+L Carriers 1,972,000
9 Saia Inc. 1,786,735
10 Southeastern Freight Lines 1,166,622
11 Averitt Express 873,419
12 Central Transport 856,000
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
22 Transportes Castores de Baja California 233,500
23 Central Freight Lines 232,000
24 Oak Harbor Freight Lines 220,194
25 Forward Air 207,400
26 Ward Trucking 185,000
27 Transportes Julian de Obregon 183,400
28 Fastfrate Group 169,605
29 Standard Forwarding 119,000
30 Midwest Motor Express 105,300
31 Landstar System 98,324
32 Transportadora Hercel / Transportadores Unidos (Grupo Transportes) 95,700
33 Dependable Highway Express 85,000
34 Peninsula Truck Lines 76,467
35 Anderson Trucking Service 68,885
36 Transportes Comandos del Norte 66,700
37 Transportes de Carga FEMA 58,900
38 Canada Cartage System 53,580
39 JP Express Service 51,862
40 Autotransportes de Carga El Duero / Fletes El Duero 46,700
41 Transportes del Valle 45,600
42 TransAmerica Express Logistics 40,000
43 Transportes Leon-Mexico 37,700
44 Atlas World Group 33,789
45 Fletes y Materiales Forsis 33,200
46 Diligent Delivery Systems 21,420
47 CalArk 19,455
48 TGR Logistics 19,000
49 Bison Transport 14,941
50 Highlight Motor Group 14,558
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.

On the Bubble

Navajo Express ($243 million), is a refrigerated and truckload carrier based in Denver.
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
Government, Business, Equipment, For-Hire

Estes Offers $1.3 Billion for Yellow Terminals

Estes Express Lines is in line to buy the terminals of bankrupt less-than-truckload rival Yellow Corp. after submitting a $1.3 billion bid, a court heard Aug. 17.

Keiron Greenhalgh | Staff Reporter
August 17, 2023
Government, Business, Equipment, For-Hire

Citadel Acquires Yellow Debt Owned by Apollo, Other Lenders

An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.

Jonathan Randles | Bloomberg News
August 16, 2023
Government, Business, Equipment, For-Hire

Yellow Looks to Finalize Bankruptcy Loan

Yellow Corp. continues to work with potential financiers, including Estes Express Lines, who are offering more affordable alternative bankruptcy financing for the LTL trucking company.

Keiron Greenhalgh | Staff Reporter
August 11, 2023
Business, Logistics, For-Hire

Forward Air Plans Merger With Omni Logistics

Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction.

Connor D. Wolf | Staff Reporter
August 10, 2023
Business, Logistics, For-Hire

Trucking Industry Reports Predictably Weak Q2

The trucking industry reported a weak second quarter with freight volumes and destocking efforts putting downward pressure on demand.

Connor D. Wolf | Staff Reporter
August 10, 2023
Government, Business, For-Hire

Yellow Might Get Loan From Fellow Trucking Fleet to Pay Debts

Yellow Corp. has sparked a bidding war between investment firms and a rival trucking company interested in funding the now-shuttered company’s liquidation.

August 9, 2023
Business, For-Hire

Searches for UPS Jobs Soar Following Union Deal

UPS Inc. has become a hot employer since its union last month secured $30 billion in new money over a five-year contract.

Azul Cibils Blaquier | Bloomberg News
August 8, 2023
Business, Logistics, For-Hire

UPS Lost More Business Than Expected on Strike Threat

Profits at UPS fell year-over-year in the second quarter as the parcel carrier lost more business to rivals than expected due to uncertainty surrounding negotiations with the Teamsters.

Keiron Greenhalgh | Staff Reporter
August 8, 2023
Government, Business, Breaking News, For-Hire

Yellow Files for Chapter 11 Bankruptcy

Yellow Corp. on Aug. 7 announced it was seeking Chapter 11 bankruptcy protection and entering into an agreement that would secure sufficient financing to wind down operations.

Dan Ronan | Senior Reporter
August 7, 2023
Business, Logistics, For-Hire

XPO Reports Q2 Income, Revenue Decline

XPO saw second-quarter net income and revenue decline, but the company sees momentum headed into the third quarter.

Dan Ronan | Senior Reporter
August 4, 2023
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