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. 78,023,000
2 UPS Inc. 60,317,000
3 Purolator 2,600,000
4 OnTrac Inc. 1,662,000
est
5 TFI International 639,900
6 Spee-Dee Delivery Service 164,500
est
7 Fastfrate Group 95,000
8 Day & Ross 7,400
9 Canada Cartage System 7,000
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, Logistics, For-Hire

FedEx Pilots Reject Proposed Multiyear Contract

Union pilots who fly for FedEx announced on July 24 the rejection of a proposed multiyear contract from the company, with 57% of members voting against the deal.

Dan Ronan | Senior Reporter
July 24, 2023
Business, Logistics, For-Hire, TCA

Companies That Ship With UPS Develop Contingencies

Some large retailers and other companies across the country are warning customers of potential delivery delays if there is a UPS strike.

Kelly Yamanouchi | The Atlanta Journal-Constitution
July 24, 2023
Government, Business, For-Hire

Teamsters Halt Yellow Strike Plan After Benefits Extended

An agreement between the Teamsters and Central States Funds averts, for now, a strike that could have begun as soon as July 24 against Yellow Corp.

Dan Ronan | Senior Reporter
July 23, 2023
Business, For-Hire

A UPS Strike May Curb Progress on Inflation, Supply Chains

A potential strike by 340,000 unionized workers at UPS Inc. threatens to unravel progress in tackling two of the U.S. economy’s biggest hurdles: inflation and supply chain disruptions.

July 21, 2023
Business, Logistics, For-Hire

Knight-Swift Reports 71% Earnings Drop for Q2

Knight-Swift Transportation Holdings Inc. on July 20 reported that earnings dropped 71% year-over-year in the second quarter.

Connor D. Wolf | Staff Reporter
July 21, 2023
Government, Business, For-Hire, TCA

UPS Pilots to Honor Picket Lines if Teamsters Strike

The pilots union at Sandy Springs, Ga.-based UPS Inc. plans to honor picket lines in the event of a Teamsters strike against the shipping giant.

Kelly Yamanouchi | The Atlanta Journal-Constitution
July 19, 2023
Business, Logistics, For-Hire

J.B. Hunt Reports Year-Over-Year Declines for Q2

J.B. Hunt Transport Services experienced a year-over-year decline in earnings and revenue during the second quarter, the company reported July 18.

Connor D. Wolf | Staff Reporter
July 19, 2023
Business, Logistics, For-Hire

XPO Bolsters Capacity With Expansion in Georgia

XPO has completed the expansion of one of its service centers near Atlanta in an effort to grow capacity in the area, the company announced July 13.

July 18, 2023
Business, Equipment, Safety, For-Hire

Schroeder Embraces Safety in Trucking Championships

FedEx Freight driver David Schroeder, Ohio's trucking champion who will be competing at nationals in his home state, embraces safety on and off the skills course.

Eugene Mulero | Senior Reporter
July 18, 2023
Business, For-Hire

FedEx Hires Aircraft Leasing Executive John Dietrich as CFO

FedEx Corp. hired John Dietrich, the former head of an aircraft leasing company, as its new chief financial officer amid a sweeping plan to restructure the package delivery giant.

Thomas Black | Bloomberg News
July 17, 2023
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