Less-than-truckload carrier Saia Inc. reported large revenue and profit gains for the fourth quarter and year.
February 2, 20222020 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) |
|---|---|---|
| 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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101
On the Bubble
Paschall Truck Lines($268 million), is a truckload freight carrier based in Murray, Ky.
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, Equipment, Logistics, Top 100 
ArcBest Reports Strong Q4, Year on High Demand
ArcBest Corp. reported record profits and revenue for the fourth quarter and the full year thanks to surging freight demand.
February 1, 2022 Business, Technology, Safety, Top 100 
Fleets Can Take Steps to Reduce Risk of Cybersecurity Threats
It may not be possible to eliminate cybersecurity breaches, but with the right safeguards in place, trucking and logistics companies can reduce the risk of being hacked or falling victim to a ransomware attack, industry experts said.
February 1, 2022 Business, Logistics, Top 100 
UPS Surges After 2022 Forecasts Exceed Wall Street’s Estimates
UPS Inc. on Feb. 1 announced record fourth-quarter and full-year financial results, as online holiday shopping boosted home parcel deliveries while an increase in medical shipments kept the company’s drivers and trucks busy.
February 1, 2022 Business, Technology, Equipment, Fuel, Top 100 
Werner to Validate Cummins 15-Liter Natural Gas, Hydrogen Engines
Werner Enterprises and Cummins Inc. announced Werner will begin validation and integration of Cummins’ recently announced 15-liter natural gas and 15-liter hydrogen internal combustion engines in its vehicles.
February 1, 2022 Business, Equipment, Top 50, Top 100 
J.B. Hunt Set to Acquire Zenith Freight Lines for $87 Million
J.B. Hunt Transport Services has entered into a definitive agreement to acquire the assets of Zenith Freight Lines for approximately $87 million.
January 31, 2022 Business, Logistics, Top 50, Top 100 
Landstar Reports Record Revenue of $1.95B for Q4
Landstar System on Jan. 26 reported record quarterly revenue and operating income for the fourth quarter of 2021.
January 27, 2022 Business, Logistics, Top 100 
Knight-Swift Reports 78.9% Jump in Earnings for Q4
Knight-Swift Transportation Holdings reported a 78.9% jump in earnings Jan. 26 for the fourth quarter of 2021.
January 26, 2022 Business, Logistics, Top 100 
Marten Transport Reports Revenue, Earnings Growth for Q4
Marten Transport saw revenue and earnings grow during the fourth quarter of 2021.
January 25, 2022 Business, Top 50, Top 100 
Current Stock Prices for Trucking, Logistics Companies
Same-day data for publicly traded trucking and transportation stocks in the autonomous, truckload, less-than-truckload, package, logistics and leasing categories.
January 24, 2022Pages
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