Fuel card skimming is proving to be the most challenging and expensive fraud that carriers are facing.
February 5, 2024
2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
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.
Rankings
Top 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 | Everts Air Alaska | 31,787 |
| 2 | Metro Air Service | 33,181 |
| 3 | XPO | 36,388 |
| 4 | Sodrel Truck Lines | 37,858 |
| 5 | McCormick Trucking | 38,025 |
| 6 | Alaska Central Express | 41,505 |
| 7 | AJR Trucking | 41,995 |
| 8 | B&B Trucking | 48,525 |
| 9 | Alaska Air Group | 49,149 |
| 10 | Beco Inc. | 49,799 |
| 11 | Tracie McCormick Inc. | 49,873 |
| 12 | Davenport Transportation | 51,584 |
| 13 | Northern Aviation Services | 59,528 |
| 14 | Alan Ritchey Inc. | 71,967 |
| 15 | Bancroft and Sons Transportation | 80,703 |
| 16 | Delta Air Lines | 82,789 |
| 17 | American Airlines | 84,891 |
| 18 | Midwest Transport | 114,320 |
| 19 | Southern Mail Service | 114,719 |
| 20 | Matheson Trucking | 143,339 |
| 21 | Evo Transportation & Energy Services | 164,890 |
| 22 | Kalitta Air | 170,893 |
| 23 | United Airlines | 177,324 |
| 24 | UPS Inc. | 211,211 |
| 25 | Postal Fleet Services | 248,967 |
| 26 | Salmon Cos. | 341,073 |
| 27 | 10 Roads Express | 390,445 |
| 28 | FedEx Corp. | 2,050,717 |
Extras
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
110
On the Bubble
Magnate Worldwide
($235 million), is an air and expedited carrier based in Toledo, Ohio
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.
For-Hire News
Business, Technology, Safety, Fuel, For-Hire
Fleets, Suppliers Work to Curb Fuel Card Skimming
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.
February 2, 2024Business, 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.
February 1, 2024Business, 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.
February 1, 2024Business, 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.
February 1, 2024Business, 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.
January 31, 2024Business, 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.
January 30, 2024Business, 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.
January 25, 2024Business, 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.
January 25, 2024Business, Logistics, For-Hire
Forward Air Reaches Deal With Omni Logistics on Acquisition
Forward Air Corp. and Omni Logistics have settled litigation surrounding a planned merger that allows a deal to proceed under amended terms, the companies announced Jan. 22.
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