2021 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
After navigating COVID-19's disruption, trucking now has entered a historically strong business environment.
Find out where the Top 100 are located by North American region.
Small carriers often were hardest hit by COVID, but large fleets faced challenges, too.
Rankings
Rank Company Revenue (000)
1 FedEx Freight 7,213,000
2 Yellow Corp. 4,513,700
3 XPO 4,450,000
4 Old Dominion Freight Line 4,015,129
est
5 Estes Express Lines 3,559,000
6 TFI International 3,088,851
7 ABF Freight 2,092,031
8 R+L Carriers 1,973,000
est
9 Saia Inc. 1,822,366
10 Southeastern Freight Lines 1,180,325
11 Central Transport 871,000
est
12 Averitt Express 823,150
13 Dayton Freight Lines 669,000
14 Pitt Ohio Transportation Group 653,000
15 AAA Cooper Transportation 592,000
16 Day & Ross Freight 439,129
17 Roadrunner Freight 430,000
18 A. Duie Pyle Inc. 379,700
19 Mullen Group 331,164
20 Daylight Transport 275,000
21 Central Freight Lines 256,000
est
22 Oak Harbor Freight Lines 237,000
est
23 Ward Trucking 183,000
est
24 Fastfrate Group 164,000
25 Standard Forwarding 119,000
est
26 Midwest Motor Express 105,500
27 Landstar System 97,546
28 Dependable Highway Express 85,000
est
29 Peninsula Truck Lines 76,019
30 Canada Cartage System 75,375
31 Anderson Trucking Service 62,055
32 North Park Transportation 54,073
33 JP Express 53,100
34 Highlight Motor Group 29,000
35 R&R Express 25,280
36 Diligent Delivery Systems 21,420
est
37 Bison Transport 19,905
38 Atlas World Group 19,795
39 CalArk 19,455
est
Extras
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107

On the Bubble

Martin Transportation Systems ($220 million), is a truckload carrier based in Byron Center, Mich.
Learn more about Transport Topics' Top 100 For-Hire Carriers publication.
How companies are working to address the persistent driver shortage.
A look at how different segments of the trucking industry fared in 2020.
Some U.S. truckers are busier than they have ever been.
For-Hire News
Business, Logistics, For-Hire

Forward Air Reports 138% Earnings Drop for Q4

Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.

Connor D. Wolf | Staff Reporter
February 29, 2024
Government, Business, Safety, For-Hire

Groups Support Werner in Legal Filing Over ‘Nuclear’ Verdict

The Texas Trucking Association and another advocacy group have filed a “friend of the court” brief with the Texas Supreme Court asking that it reject a $100 million lower-court accident verdict against Werner Enterprises.

Eric Miller | Senior Reporter
February 28, 2024
Government, Business, Technology, For-Hire

New SEC Rules Prompt Closer Look at Cybersecurity

Trucking businesses need to take a close look at the state of their cybersecur­ity in 2024 now that tough, new disclosure rules from the Securities and Exchange Commission have gone live.

Joe Dysart | Webology 101
February 23, 2024
Business, Equipment, For-Hire

Estes, Pitt Ohio Among Firms Filling Yellow Void in Buffalo

Yellow Corp.’s shutdown has opened the door for Estes Express Lines, Pitt Ohio and more to make greater inroads in the Buffalo, N.Y., Niagara region.

Matt Glynn | The Buffalo (N.Y.) News
February 20, 2024
Business, Technology, Logistics, For-Hire

Social Media Platforms Open Fleets to Newer Recruiting Pool

Fleets are looking more to social media platforms to increase brand awareness, reach new customers and, increasingly, find new employees.

Amanda Smith | Special to Transport Topics
February 16, 2024
Government, Business, For-Hire

Knight-Swift Adds 10 More Leased Yellow Terminals to Haul

Knight-Swift Transportation Holdings Inc. extended its winning streak in auctions of former Yellow Corp. terminals, strengthening its less-than-truckload operations.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

Ryder Q4 Profit Slides on Weak Used Truck Prices, Rentals

Profits at Ryder System Inc. fell 39.8% in the fourth quarter of 2023 as weak freight conditions again sapped strength from used vehicle sales prices and rental activity, it said Feb. 14.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

XPO Looks to Lower Leverage, May Buy Back Debt Early, CFO Says

Less-than-truckload carrier XPO Inc. is working to reduce its leverage after it purchased assets from Yellow Corp. and might consider buying back some of its debt at par, its finance chief said.

Nina Trentmann | Bloomberg News
February 12, 2024
Business, For-Hire

TFI Eyes Merger for Truckload Operations as Part of Spinoff

TFI International’s truckload operations could be merged with a competitor to divide the Montreal-based company into two publicly traded entities, likely in 2025, its CEO said Feb. 9.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
Business, Logistics, For-Hire

TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll

Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
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