FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.
April 5, 2023Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Mail Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | FedEx Corp. | 2,001,155 |
2 | 10 Roads Express | 480,806 |
3 | Salmon Cos. | 212,776 |
4 | UPS Inc. | 205,556 |
5 | United Airlines | 167,471 |
6 | Postal Fleet Services | 161,273 |
7 | Mail Contractors of America | 122,546 |
8 | Matheson Trucking | 113,911 |
9 | Midwest Transport | 103,063 |
10 | Kalitta Air | 102,054 |
11 | Southern Mail Service | 101,238 |
12 | American Airlines | 98,047 |
13 | Evo Transportation & Energy Services | 97,704 |
14 | Delta Air Lines | 84,945 |
15 | Bancroft and Sons Transportation | 77,166 |
16 | Northern Aviation Services | 58,738 |
17 | B&B Trucking | 58,404 |
18 | Tracie McCormick Inc. | 50,158 |
19 | Beco Inc. | 48,265 |
20 | AJR Trucking | 40,315 |
21 | Alaska Air Group | 39,448 |
22 | XPO | 38,678 |
23 | Ravn Alaska | 38,179 |
24 | Sodrel Truck Lines | 35,873 |
25 | FLS Transportation Services | 35,552 |
26 | Davenport Transportation | 35,340 |
27 | MTC Transportation | 34,863 |
28 | Metro Air Service | 33,536 |
29 | Alan Ritchey Inc. | 32,652 |
30 | McCormick Trucking | 32,300 |
31 | Alaska Central Express | 32,277 |
32 | Everts Air Alaska | 31,211 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Extras
On the Bubble
FedEx to Merge Ground, Express Units
Penske Announces Kris-Way Truck Leasing Acquisition
Penske Truck Leasing announced March 30 that it has reached an agreement to acquire Kris-Way Truck Leasing Inc.
April 3, 2023RXO Opens New Cross-Border Facility in Texas
RXO celebrated the grand opening of its newest cross-border facility in Laredo, Texas, the company announced March 29.
February Trailer Orders Down 2.6% Year-Over-Year
U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.
Knight-Swift Agrees to Acquire U.S. Xpress
Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.
FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective
FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.
New UPS Distribution Center in N.C. to Create 60 Driver Jobs
Some 60 new truck driver jobs are coming to southeastern North Carolina in the largest business venture there in 40 years thanks to a new UPS distribution center.
January Net Trailer Orders Drop 58% Following Year-End Surge
U.S. trailer orders in January decreased 9% year-over-year to 24,300 from 26,595 a year earlier, reported ACT Research. This comes a month after net trailer orders reached their second-highest level on record at 57,300. Also, orders dropped 58% from near-record results the prior month.
FedEx Pilots Plan Strike Authorization Vote as Labor Talks Stall
FedEx Corp. pilots are inching closer to a potential strike as negotiations stall on a new labor agreement.
Forward Air Reports Q4, Full-Year Records
Forward Air Corp. reported record fourth-quarter and full-year revenue, operating income and net income per diluted share Feb. 8.