2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.
The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.
Find out where the Top 100 For-Hire Carriers are based.
Rankings
Rank Company Revenue (000)
1 FedEx Freight 9,011,000
2 Old Dominion Freight Line 5,256,000
3 Yellow Corp. 4,615,000
4 XPO 4,118,000
5 Estes Express Lines 3,783,000
est
6 TFI International 2,785,400
7 ABF Freight 2,573,800
8 R+L Carriers 2,427,000
est
9 Saia Inc. 2,289,000
est
10 Southeastern Freight Lines 1,395,600
11 Averitt Express 1,091,800
12 Central Transport 1,046,000
est
13 Pitt Ohio Transportation Group 780,000
est
14 Dayton Freight Lines 684,000
15 AAA Cooper Transportation 653,000
est
16 Day & Ross Freight 565,600
17 A. Duie Pyle Inc. 481,300
18 Mullen Group 466,700
19 Roadrunner Freight 430,000
est
20 Knight-Swift Transportation Holdings 396,300
21 Daylight Transport 379,900
22 Oak Harbor Freight Lines 284,000
est
23 Fastfrate Group 250,000
24 Ward Trucking 230,000
est
25 Midwest Motor Express 137,000
est
26 Magnum LTL 118,000
est
27 Landstar System 117,500
28 Dependable Highway Express 117,000
est
29 Peninsula Truck Lines 94,600
30 R&R Express 88,400
31 Canada Cartage System 84,100
32 Anderson Trucking Service 68,100
33 North Park Transportation 66,200
34 JP Express 61,800
35 Tax-Air 55,000
36 Highlight Motor Group 46,700
37 TGR Logistics 30,000
38 Atlas World Group 26,300
39 Bison Transport 26,200
40 McCollister's Global Services 19,000
41 Atech Logistics 10,000
Extras
Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.
For-Hire News
Business, For-Hire

Saia Targets Further Expansion Via $1 Billion in 2024 Capex

Saia Inc. expects 2024 to be another year of significant expansion after picking up business and terminals following the implosion of less-than-truckload rival Yellow Corp., executives said.

Keiron Greenhalgh | Staff Reporter
February 5, 2024
Business, Technology, Safety, Fuel, For-Hire

Fleets, Suppliers Work to Curb Fuel Card Skimming

Fuel card skimming is proving to be the most challenging and expensive fraud that carriers are facing.

Dan Calabrese | Special to Transport Topics
February 5, 2024
Business, Technology, For-Hire

VMRS Portal Is Nearly Here

The Vehicle Maintenance Reporting Standards system is undergoing major updates, including an online portal and codes for electric vehicles.

Steve Brawner | Contributing Writer
February 2, 2024
Business, Logistics, For-Hire

Schneider Reports 12% Revenue Decline for Q4

Schneider National experienced a year-over-year decline in profits as well as revenue during the fourth quarter of 2023, the company reported Feb. 1.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, Logistics, For-Hire

Landstar Reports 28% Revenue Decline for Q4

Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, Logistics, For-Hire

Ryder to Acquire Cardinal Logistics

Ryder System Inc. is acquiring Cardinal Logistics in a deal that will add 2,900 power units, 3,400 drivers and 200 operating locations to its existing network.

Dan Ronan | Senior Reporter
February 1, 2024
Business, Logistics, For-Hire, Top 100

Forward Air Completes Acquisition of Omni Logistics

Forward Air on Jan. 25 announced the completion of its long-pending acquisition of Omni Logistics, with both companies’ leaders touting the benefits of the merger.

Dan Ronan | Senior Reporter
January 31, 2024
Business, Logistics, For-Hire, Top 100

UPS to Cut 12,000 Jobs, Explore Sale of Coyote Amid Weak Q4

UPS Inc. is reducing its overall employee head count by 12,000 workers, which the company says will save more than $1 billion, citing higher labor costs and softening demand.

Dan Ronan | Senior Reporter
January 30, 2024
Business, Technology, Autonomous, For-Hire, Private

Kodiak Opens Truck Port at Ryder Facility in Houston

Kodiak Robotics opened a second truck port for its autonomous semis at a Ryder System Inc. fleet maintenance facility in Houston, the companies said Jan. 23.

Keiron Greenhalgh | Staff Reporter
January 25, 2024
Business, For-Hire, Top 100

Knight-Swift Reports 11% Revenue Increase for Q4

Knight-Swift Transportation Holdings profits dropped during the fourth quarter but the carrier experienced an increase in revenue, the company reported Jan. 24.

Connor D. Wolf | Staff Reporter
January 25, 2024
Archives
  • 2022

  • 2021

  • 2020

  • 2019

  • 2018

  • 2017

  • 2016

  • 2015

  • 2014

  • 2013

  • 2012

  • 2011

  • 2010

  • 2009

  • 2008

  • 2007

  • 2006

  • 2005

  • 2004