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 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

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.
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.

For-Hire News

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.

Connor D. Wolf | Staff Reporter
July 27, 2022
Business, Equipment, Logistics, For-Hire

Used Class 8 Prices Continue Slide in June, but Remain High

The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.

Roger Gilroy | Senior Reporter
July 27, 2022
Business, Logistics, For-Hire

UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected

UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.

Dan Ronan | Senior Reporter
July 26, 2022
Business, For-Hire

Covenant Logistics Reaches $317M Revenue by Overcoming Q2 Headwinds

Covenant Logistics Group Inc. reported second-quarter revenue and earnings growth July 25, despite market headwinds.

Connor D. Wolf | Staff Reporter
July 26, 2022
Business, Technology, Autonomous, For-Hire

10 Roads Express Launches Autonomous Route Using Kodiak Tech

The 10 Roads Express company launched an autonomous truck route in partnership with Kodiak Robotics, a driverless trucking company, they announced July 26.

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

FedEx Reduces US Sunday Deliveries in Some Rural Areas

FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.

Thomas Black | Bloomberg News
July 22, 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.

Connor D. Wolf | Staff Reporter
July 21, 2022
Business, Technology, Logistics, For-Hire

J.B. Hunt Names Shelley Simpson Company President

J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.

Connor D. Wolf | Staff Reporter
July 20, 2022
Business, Logistics, For-Hire

J.B. Hunt Reports Q2 Revenue Jump to $3.84 Billion

J.B. Hunt Transport Services Inc. on July 19 posted earnings and revenue growth for the second quarter that was driven by strong segment results.

Connor D. Wolf | Staff Reporter
July 20, 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.

Connor D. Wolf | Staff Reporter
July 19, 2022

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