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

Hiring for Uncertain Holiday Season Continues

Trucking has started making thousands of hires for the holiday season despite facing a variety of economic headwinds.

Connor D. Wolf | Staff Reporter
September 15, 2022
Business, Logistics, For-Hire, TCA

UPS to Hire 100,000 Seasonal Workers Ahead of Holidays

UPS Inc. is staffing up for the holiday shipping season by hiring more than 100,000 seasonal workers — a daunting challenge amid widespread labor shortages.

Kelly Yamanouchi | The Atlanta Journal-Constitution
September 7, 2022
Business, For-Hire

ATA Group Advances Trucking Diversity Initiative

A working group formed by American Trucking Associations to advance diversity in the industry has drafted guidelines to help fleets of all sizes foster greater inclusiveness in their ranks, and has now created an award to recognize industry diversity efforts.

Connor D. Wolf | Staff Reporter
August 26, 2022
Business, For-Hire

PS Logistics Completes Acquisition, Agreement

PS Logistics announced its refrigerated carrier Purdy Bros. Trucking, based in Loudon, Tenn., completed the acquisition of certain transportation assets of Phoenix Leasing of Tennessee Inc.

August 26, 2022
Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts Nondriving Staff, Slows Spending

CHATTANOOGA, Tenn. — U.S. Xpress Enterprises is hitting the brakes on its spending, cutting its nondriving staff by another 5% this month and looking for ways to dispose of extra real estate and trim other expenses to offset rising costs amid signs of a shipping slowdown in some industries.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
August 26, 2022
Business, Technology, For-Hire, TCA

Covenant Official Says Range Is Biggest Factor in EV Adoption

CHATTANOOGA, Tenn. — The distance a battery-powered tractor-trailer can travel before recharging is “the big holdup” for the adoption of electric trucks, a top official for Chattanooga-based Covenant Logistics said Aug. 23.

Mike Pare | Chattanooga (Tenn.) Times Free Press
August 24, 2022
Business, Logistics, For-Hire, TCA

U.S. Xpress Partners With School to Launch Supply Chain Program

High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.

Carmen Nesbitt | Chattanooga Times Free Press, Tenn.
August 24, 2022
Business, Logistics, For-Hire

PS Logistics Subsidiary Acquires Noble

DMT Trucking announced Aug. 9 that it has completed its acquisition of the Scottsboro, Ala.-based Noble family of transportation businesses.

August 18, 2022
Business, Logistics, For-Hire, Top 100

XPO Posts Strong Q2 Earnings Amid Upcoming Leadership Change

XPO Logistics Inc. on Aug. 4 reported record revenue and net income for the second quarter, part of a busy week for the Greenwich, Conn.-based company.

Dan Ronan | Senior Reporter
August 5, 2022
Business, Technology, Logistics, Breaking News, For-Hire

XPO Names Mario Harik to Succeed Brad Jacobs as CEO

XPO Logistics Inc. announced that Mario Harik will succeed Brad Jacobs as CEO of XPO and join the board of directors following XPO’s planned spinoff of its tech-enabled brokerage platform.

Roger Gilroy | Senior Reporter
August 4, 2022
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