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
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.

Steve Brawner | Contributing Writer
February 2, 2024
Business, 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.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, 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.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, 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.

Dan Ronan | Senior Reporter
February 1, 2024
Business, 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.

Dan Ronan | Senior Reporter
January 31, 2024
Business, 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.

Dan Ronan | Senior Reporter
January 30, 2024
Business, 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.

Keiron Greenhalgh | Staff Reporter
January 25, 2024
Business, 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.

Connor D. Wolf | Staff Reporter
January 25, 2024
Business, 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.

Connor D. Wolf | Staff Reporter
January 22, 2024
Business, Logistics, For-Hire

J.B. Hunt Reports Revenue Declined to $3.3 Billion for Q4

J.B. Hunt Transport Services Inc. reported a decline in fourth-quarter earnings as a result of weaker performance across its segments and rising insurance costs, the company reported Jan. 18. 

Connor D. Wolf | Staff Reporter
January 19, 2024
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