2020 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)sort ascending
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, Top 50, Top 100

U.S. Xpress Reports Mixed Q4

U.S. Xpress

U.S. Xpress Enterprises saw a revenue gain but drop in income for the fourth quarter of 2021, the company reported Feb. 9.

Connor D. Wolf | Staff Reporter
February 10, 2022
Business, Top 100

PepsiCo Gains After Forecast Beats Estimates on Robust Demand

PepsiCo Gains After Forecast Beats Estimates on Robust Demand

PepsiCo Inc. gave a full-year sales outlook that was ahead of estimates as the company looks to pass the burden of higher costs onto consumers.

February 10, 2022
Government, Business, Equipment, Top 100

Yellow CEO Darren Hawkins: Q4 Earnings Show Carrier on Right Track

Hawkins

Yellow Corp. CEO Darren Hawkins told Transport Topics that the less-than-truckload carrier’s recent financial performance demonstrates its moves to rebuild its fleet, secure new business while maintaining existing customers and implement new technologies are setting the stage for long-term growth...

Dan Ronan | Senior Reporter
February 10, 2022
Business, Top 100

Forward Air Reports Record Revenue, Earnings for Q4

Forward Air truck

Forward Air Corp. on Feb. 9 reported all-time quarterly records for revenue, net income and diluted shares for the fourth quarter of 2021.

Connor D. Wolf | Staff Reporter
February 10, 2022
Business, Top 100

UPS Freight Acquisition Fuels TFI’s Q4 Growth

TFI

TFI International reported gains in fourth-quarter and annual net income and revenue, helped by its acquisition of the UPS Freight operation.

Jerry Hirsch | Contributing Writer
February 9, 2022
Business, Top 100

Hub Group Reports Record Q4 Revenue

Hub Group truck

Hub Group Inc. reported record fourth-quarter revenue and net income as the company benefited from high pricing caused by constraints across the supply chain.

Jerry Hirsch | Contributing Writer
February 9, 2022
Government, Business, Fuel, Top 100

Price of Diesel Soars 10.5¢ a Gallon to $3.951

Diesel fuel pump

The national average price for diesel continued its rampage in the new year, surging 10.5 cents to $3.951 a gallon, according to Energy Information Administration data released Feb. 7.

Roger Gilroy | Senior Reporter
February 7, 2022
Business, Top 100

Kenan Advantage Group Acquires K-Limited Carrier

Kenan Advantage Group fuel tank truck

Kenan Advantage Group, a North Canton, Ohio-based tank truck transporter, announced Feb. 7 that it has completed its acquisition of K-Limited Carrier.

February 7, 2022
Government, Business, Technology, Safety, Top 100

Mandates, E-Commerce and Congestion Complicate Truck Parking Issues

Parked trucks at roadside

Truck parking, which affects everything from driver satisfaction to cargo security, is a top concern for the trucking industry.

Mindy Long | Special to Transport Topics
February 7, 2022
Business, Equipment, Logistics, Top 100

Yellow Reports Mixed Q4, 2021 Results

Yellow

Less-than-truckload carrier Yellow Corp. reported mixed year-over-year fourth-quarter and full year earnings.

Dan Ronan | Senior Reporter
February 3, 2022

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