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 Corp. 2,224,115
2 10 Roads Express 851,957
est
3 Postal Fleet Services 292,568
4 UPS Inc. 203,260
5 Kalitta Air 196,870
6 Matheson Trucking 171,270
7 Evo Transportation & Energy Services 169,852
8 United Airlines 166,829
9 Midwest Transport 119,552
10 Southern Mail Service 114,358
11 Delta Air Lines 93,389
12 Bancroft and Sons Transportation 77,374
13 Alan Ritchey Inc. 70,136
14 ITS Logistics 68,015
15 American Airlines 65,819
16 Northern Aviation Services 58,251
17 XPO Logistics 56,586
18 Davenport Transportation 54,786
19 Tracie McCormick Inc. 48,718
20 McCormick Trucking 48,369
21 Beco Inc. 48,288
22 B&B Trucking 48,236
23 Alaska Central Express 46,092
24 AJR Trucking 39,541
25 Sodrel Truck Lines 38,319
26 Alaska Air Group 37,547
27 Metro Air Service 35,879
28 Everts Air Alaska 35,277
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

Daseke Founder Sells Shares Amid Board Retirement

Daseke Inc. founder Don Daseke will sell his holdings in the company and step down from its board of directors, the company announced Nov. 14.

Connor D. Wolf | Staff Reporter
November 15, 2022
Business, Equipment, Fuel, Logistics, For-Hire

J.B. Hunt Plans Carbon Emission Intensity Reduction of 32% by 2034

J.B. Hunt Transport Services Inc. set a new goal to reduce its carbon emission intensity 32% by 2034, the company announced Nov. 14.

November 14, 2022
Business, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Unit Furloughs Workers as Cargo Demand Slows

FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks.

Thomas Black | Bloomberg News
November 14, 2022
Business, Logistics, For-Hire

GXO Reports Higher Revenue, Lower Earnings for Q3

GXO Logistics Inc. reported revenue growth and a decline in earnings in its third-quarter report released Nov. 8.

Connor D. Wolf | Staff Reporter
November 10, 2022
Business, Logistics, For-Hire

Werner Reports Revenue Increase for Q3

Werner Enterprises saw revenue rise but income decline during the third quarter of 2022, the company reported Nov. 2.

Connor D. Wolf | Staff Reporter
November 3, 2022
Business, Technology, Equipment, For-Hire

XPO Spinoff RXO Officially Launches

XPO Logistics Inc. turned its tech-enabled brokered transportation platform, RXO, into an independent, publicly traded company Nov. 1.

Connor D. Wolf | Staff Reporter
November 1, 2022
Business, Logistics, For-Hire

Landstar Reports Highest Revenue for Any Q3

Landstar System Inc.’s revenue and diluted earnings per share both set third-quarter records, the company reported Oct. 19.

October 20, 2022
Business, Logistics, For-Hire

J.B. Hunt Reports $3.84 Billion in Revenue for Q3

J.B. Hunt Transport Services Inc. saw revenue and earnings increase as a result of strong segment growth during the third quarter, the company reported Oct. 18, besting analysts’ expectations.

Connor D. Wolf | Staff Reporter
October 19, 2022
Business, Logistics, For-Hire

Marten Reports 15th Consecutive Increase in Quarterly Profitability

Marten Transport reported its 15th consecutive year-over-year increase in quarterly profitability Oct. 17, but still the results missed analysts’ expectations.

Connor D. Wolf | Staff Reporter
October 18, 2022
Business, Technology, Logistics, For-Hire

NFI Acquires MCO Transport to Bolster Southeastern Port Operations

North American supply chain solutions company NFI has acquired southeastern port service solutions provider MCO Transport Inc., the company announced Oct. 10.

Connor D. Wolf | Staff Reporter
October 17, 2022

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