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 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
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 Solutions 207,400
26 Ward Trucking 185,000
27 Transportes Julian de Obregon 183,400
28 Fastfrate/Bestway 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

Magnate Worldwide ($235 million), is an air and expedited carrier based in Toledo, Ohio
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

FedEx Tumbles After Pulling Annual Earnings Forecast

FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.

Richard Clough | Bloomberg News
September 16, 2022
Government, Business, Logistics, For-Hire

Hiring for Uncertain Holiday Season Continues

Trucking has started making thousands of hires for the holiday season despite facing a variety of economic headwinds.

Connor D. Wolf | Staff Reporter
September 15, 2022
Business, Logistics, For-Hire, TCA

UPS to Hire 100,000 Seasonal Workers Ahead of Holidays

UPS Inc. is staffing up for the holiday shipping season by hiring more than 100,000 seasonal workers — a daunting challenge amid widespread labor shortages.

Kelly Yamanouchi | The Atlanta Journal-Constitution
September 7, 2022
Business, For-Hire

ATA Group Advances Trucking Diversity Initiative

A working group formed by American Trucking Associations to advance diversity in the industry has drafted guidelines to help fleets of all sizes foster greater inclusiveness in their ranks, and has now created an award to recognize industry diversity efforts.

Connor D. Wolf | Staff Reporter
August 26, 2022
Business, For-Hire

PS Logistics Completes Acquisition, Agreement

PS Logistics announced its refrigerated carrier Purdy Bros. Trucking, based in Loudon, Tenn., completed the acquisition of certain transportation assets of Phoenix Leasing of Tennessee Inc.

August 26, 2022
Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts Nondriving Staff, Slows Spending

CHATTANOOGA, Tenn. — U.S. Xpress Enterprises is hitting the brakes on its spending, cutting its nondriving staff by another 5% this month and looking for ways to dispose of extra real estate and trim other expenses to offset rising costs amid signs of a shipping slowdown in some industries.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
August 26, 2022
Business, Technology, For-Hire, TCA

Covenant Official Says Range Is Biggest Factor in EV Adoption

CHATTANOOGA, Tenn. — The distance a battery-powered tractor-trailer can travel before recharging is “the big holdup” for the adoption of electric trucks, a top official for Chattanooga-based Covenant Logistics said Aug. 23.

Mike Pare | Chattanooga (Tenn.) Times Free Press
August 24, 2022
Business, Logistics, For-Hire, TCA

U.S. Xpress Partners With School to Launch Supply Chain Program

High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.

Carmen Nesbitt | Chattanooga Times Free Press, Tenn.
August 24, 2022
Business, Logistics, For-Hire

PS Logistics Subsidiary Acquires Noble

DMT Trucking announced Aug. 9 that it has completed its acquisition of the Scottsboro, Ala.-based Noble family of transportation businesses.

August 18, 2022
Business, Logistics, For-Hire, Top 100

XPO Posts Strong Q2 Earnings Amid Upcoming Leadership Change

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.

Dan Ronan | Senior Reporter
August 5, 2022


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