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 Corp. 2,170,800
2 10 Roads Express 917,100
3 UPS Inc. 290,800
4 Victory Packaging 262,700
5 XPO 202,200
6 United Airlines 197,200
7 Postal Fleet Services 196,700
8 Matheson Trucking 194,600
9 Kalitta Air 176,400
10 Evo Transportation & Energy Services 164,200
11 Midwest Transport 132,300
12 Southern Mail Service 131,100
13 McCormick Trucking 115,600
14 Delta Air Lines 90,800
15 Amerijet International 90,700
16 Bancroft and Sons Transportation 78,400
17 Alan Ritchey Inc. 72,900
18 American Airlines 72,200
19 EVE International Logistics 71,600
20 Davenport Transportation 68,000
21 Alaska Central Express 61,700
22 AJR Trucking 54,500
23 B&B Trucking 52,300
24 Beco Inc. 51,500
25 Sodrel Truck Lines 47,700
26 Alaska Air Group 44,900
27 Lyons Express 42,000
28 Atlas World Group 31,300
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, Technology, For-Hire

Heartland Express Deploys Isaac In-Cab Technology

Truckload carrier Heartland Express has deployed Isaac Instruments’ in-cab telematics system across its fleet, the companies said in a joint announcement.

Seth Clevenger | Managing Editor, Features
September 28, 2023
Business, Logistics, For-Hire, Private, Global Freight

UPS to Hire 30,000 Extra Drivers for Peak Season

UPS Inc. is set to hire more than 30,000 additional drivers for peak season, a mix of package car drivers, commercial driver license drivers and seasonal support drivers.

Keiron Greenhalgh | Staff Reporter
September 27, 2023
Business, For-Hire, TCA

UPS Looks to Add 100,000 Workers for the Holidays

UPS Inc. said Sept. 26 it plans to hire more than 100,000 seasonal workers for the peak holiday shipping season this year.

Kelly Yamanouchi | The Atlanta Journal-Constitution
September 26, 2023
Business, For-Hire

FedEx Beats Quarterly Wall Street Profit Expectations

FedEx Corp. posted a higher profit than Wall Street expected in its most recent quarter, but trimmed expectations for the full-year period.

Keiron Greenhalgh | Staff Reporter
September 20, 2023
Business, Equipment, For-Hire, Private

Experts: Freight Environment Unlikely to Improve Much Soon

Executives across multiple segments of the trucking industry expect the freight environment to take considerable time to improve substantially.

Keiron Greenhalgh | Staff Reporter
September 20, 2023
Business, Technology, Equipment, For-Hire

Doug Nickles Crowned TMCSuperTech Grand Champion

CLEVELAND — Doug Nickles from FedEx Freight earned his first TMCSuperTech grand champion honor at ATA's  Technology & Maintenance Council’s National Technicians Skills Competition.

Michael Freeze | Features Editor
September 20, 2023
Business, Fuel, For-Hire, Private

Love’s Travel Stops No. 1 on Happiest Employees List

Love’s Travel Stops & Country Stores, a family-run chain of truck stops founded nearly 60 years ago, topped storied firms like IBM, Nike and Apple in a new ranking of employee well-being.

Matthew Boyle | Bloomberg News
September 20, 2023
Government, Business, Logistics, For-Hire

Nearshoring Boom Faces Growing Pains

The escalation of nearshoring this year has brought an increased need to bolster infrastructure investments and supply chain operations, according to experts.

Connor D. Wolf | Staff Reporter
September 13, 2023
Business, Logistics, For-Hire

UPS CEO Carol Tomé Outlines Challenging Year Ahead

UPS Inc. will pay out the biggest portion of its new labor pact over the next 12 months while trying to win back customers it lost during the contentious contract talks, CEO Carol Tomé said.

Thomas Black | Bloomberg News
September 12, 2023
Business, Technology, Equipment, For-Hire

Estes Among Fleets to Pilot Remora’s Carbon Capture System

Estes was among the first commercial for-hire carriers to sign up to pilot emerging technology developed by Remora.

Gary Frantz | Special to Transport Topics
September 8, 2023
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