2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
Fleets have been overcoming unprecedented challenges to keep essential freight moving during the pandemic.
See the locations of the headquarters for each of the Top 100 for-hire carriers in North America.
COVID-19 has transformed 2020 into a tumultuous year for trucking, but the Top 100 list remains stable, at least for now.
Rankings
Rank This Year Rank Last Year Company Revenue (000) Net Income (000) Employees Tractors* Trailers
1 1
UPS Inc.
74,094,000 4,440,000 495,000 19,851 107,542
2 2
FedEx Corp.
68,869,000 2,359,000 475,000 29,813 113,218
3 3
XPO
16,648,000 379,000 100,000 15,500 40,000
4 4
J.B. Hunt Transport Services
9,165,258 516,000 29,106 17,972 35,093
5 7
Schneider
5,000,000 147,000 15,650 9,000 35,100
6 6
Yellow Corp.
4,871,200 -104,000 30,000 14,100 43,700
7 5
Knight-Swift Transportation Holdings
4,843,950 310,178 23,800 19,520 58,315
8 9
Old Dominion Freight Line
4,109,111 615,518 21,159 9,296 37,539
9 8
Landstar System
4,084,577 227,720 1,333 10,243 17,067
10 11
Ryder System
3,968,754 226,209
11 10
TFI International
3,903,828 233,891 16,700 15,844 25,505
12 12
Hub Group
3,668,117 107,171 5,000 3,900 4,920
13 13
Estes Express Lines
3,260,000 - 19,000 7,485 38,617
14 14
ArcBest
2,988,310 39,985 13,000 4,137 23,639
15 16
Penske Logistics
2,600,000 - 19,475 4,634 17,626
16 15
Werner Enterprises
2,463,701 166,944 12,736 8,033 24,145
17 18
Prime Inc.
2,288,397 307,504 4,900 7,416 14,116
18 19
NFI
2,140,000 - 12,600 4,550 12,500
19 23
R+L Carriers
1,972,000 -
20 17
Roadrunner Freight
1,847,862 -340,937 3,600
21 25
Saia Inc.
1,786,735 113,719 10,400 4,779 16,376
22 27
Kenan Advantage Group
1,758,645 - 9,400 6,977 11,225
23 21
Daseke Inc. (TFI)
1,737,000 -307,400 5,946 2,334
24 20
U.S. Xpress Enterprises
1,707,361 -3,043 8,572 6,900 15,500
25 24
CRST The Transportation Solution
1,559,000 - 6,778 5,808 14,513
26 26
C.R. England
1,545,199 - 8,153 4,309 6,604
27 28
Universal Logistics Holdings
1,511,998 37,586 6,541 5,343 4,428
28 22
UniGroup
1,500,000 -
29 31
Forward Air
1,410,395 87,099 5,652 1,353 7,178
30 29
Sirva
1,400,000 -
31 30
Southeastern Freight Lines
1,384,438 - 8,839 3,385 10,666
32 32
Averitt Express
1,319,000 - 9,007 5,319 14,905
33 33
Anderson Trucking Service
1,274,459 - 2,294 2,780 7,209
34 34
Evans Delivery
1,240,000 - 430 6,200 550
35 35
Crete Carrier Corp.
1,200,000 - 6,500
36 36
Purolator
1,166,279 - 11,000 465 1,329
37 46
Day & Ross
1,130,700 - 5,000 4,000 8,000
38 45
Quality Carriers
1,090,684 -
39 37
Lynden
1,075,000 - 3,039 998 2,679
40 39
Ruan
1,002,045 - 5,900 3,704 9,661
41 40
KLLM Transport Services
936,000 - 3,600 5,400
42 41
Atlas World Group
906,400 96,000 754 1,228 3,864
43 42
Covenant Logistics Group
894,528 8,477 5,550 3,021 6,739
44 44
Central Transport International
856,000 -
45 43
Pitt Ohio
855,982 - 5,680 2,055 5,836
46 48
Marten Transport
843,271 61,071 4,087 3,212 5,464
47 47
Cardinal Logistics
805,000 - 4,220 3,055 8,700
48 49
PS Logistics
747,339 - 3,664
49 51
Stevens Transport
737,294 85,210 2,750 1,950 3,290
50 50
AAA Cooper Transportation
718,000 - 5,000 2,552 6,958
51 54
United Road Services
713,000 - 1,837 2,368 1,200
52 52
Western Express
683,535 - 3,250 3,050 8,080
53 54
Dayton Freight Lines
679,000 - 4,949 1,955 4,600
54 53
Mullen Group
664,550 - 3,768 1,978 5,139
55 56
Bennett Family of Cos.
650,846 - 1,029 1,810 2,186
56 62
Bison Transport
633,817 - 3,688 2,185 5,711
57 61
OnTrac Inc.
618,000 -
58 66
Trimac Transportation
610,000 - 3,000 2,120 3,400
59 59
Suddath
600,000 - 2,200
60 57
Heartland Express
596,815 72,967 4,050 2,630 8,000
61 69
Black Horse Carriers
561,000 - 4,040 1,958 4,500
62 73
Hirschbach Motor Lines
550,530 - 1,141 1,887 3,503
63 58
Mercer Transportation
543,651 - 301 2,383 2,600
64 67
Canada Cartage
535,800 5,800 3,269 2,736 3,019
65 63
Cowan Systems
533,012 - 2,397 2,279 6,782
66 70
Two Men and a Truck Movers
524,929 - 11,396
67 64
USA Truck
522,631 -4,698 2,098 1,990 6,092
68 65
P.A.M. Transport
514,177 7,900 2,666 2,130 7,081
69 60
Jack Cooper Holdings
507,000 - 3,753
70 75
A. Duie Pyle
491,100 - 3,281 1,209 2,285
71 74
LaserShip Inc./OnTrac Inc.
452,000 -
72 72
TMC Transportation
450,000 -
73 76
Roehl Transport
438,659 - 2,702 2,040 5,481
74 68
Dart Transit Co.
424,000 - 2,362
75 71
10 Roads Express
390,445 -
76 77
Maverick USA
389,182 - 2,125 1,582 2,582
77 78
Transport Investments
384,719 - 200
78 79
Mesilla Valley Transportation
383,950 - 1,662
79 83
Koch Cos.
351,081 - 1,224 1,164 5,540
80 80
IMC Logistics
347,395 - 2,012
81 81
Red Classic
342,100 - 1,275 577 2,918
82
Salmon Cos.
341,073 - 824 1,104
83 89
John Christner Trucking
338,873 - 207 839 1,244
84 95
Challenger Motor Freight
335,000 - 1,200 1,570 3,550
85 82
Foodliner/Quest Liner
334,103 - 1,315 1,317 2,340
86 86
RoadOne IntermodaLogistics
314,000 - 2,200 1,700 350
87 85
Melton Truck Lines
305,717 - 1,868 1,457 2,407
88
Fastfrate Group
301,520 - 1,530 1,116 1,350
89 86
ContainerPort Group
300,000 - 400
90
Dupré Logistics
297,582 - 1,313 750 1,471
91 84
TransAm Trucking
297,000 -
92 90
Heniff Transportation Systems
293,000 -
93 86
Trans-System
290,000 - 1,051 1,026 1,849
94 93
Hansen & Adkins Auto Transport
283,137 6,622 955 1,224 945
95 97
Martin Transportation Systems
276,978 - 2,357 1,264 2,417
96 95
Quantix Supply Chain Solutions
276,000 - 1,100
97
FFE Transportation Services
275,000 - 1,511 1,000 1,450
98 98
PGT Holdings
273,828 - 680 1,090 1,800
99
Groendyke Transport
273,125 -
100 99
Superior Bulk Logistics
269,000 -
Extras
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
104

On the Bubble

Cassens Transport Co. ($251 million), is a motor vehicle hauling carrier based in Edwardsville, Ill.
Learn more about Transport Topics' Top 100 For-Hire Companies publication.
COVID-19 has created significant financial challenges for many trucking and logistics companies.
Fleets are emphasizing cleaning and physical distancing at loading docks to help protect drivers from COVID-19.
Drivers have been more isolated than usual during the pandemic due to social distancing measures.
Market uncertainty due to COVID-19 has depressed demand for new trucking equipment.
Small trucking companies such as Boyle Transportation are playing a direct role in the response to COVID-19.
Industry experts explain how this public health crisis might change freight transportation in the years ahead.
For-Hire News
Business, Logistics, For-Hire, Top 100

Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize

Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.

Connor D. Wolf | Staff Reporter
July 25, 2024
Business, Logistics, For-Hire

Covenant Logistics Reports Nearly 5% Revenue Rise for Q2

Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 25, 2024
Business, For-Hire

Old Dominion Posts Third Straight Quarter of Revenue Growth

Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 24, 2024
Business, Technology, Safety, For-Hire, Top 100

Gaining Driver Buy-In Is Key to Deploying Dash Cams

CHICAGO — Fleet operators are increasingly embracing the use of dash cameras, but successfully deploying these in-cab systems hinges on driver acceptance of the technology.

Seth Clevenger | Managing Editor, Features and Multimedia
July 24, 2024
Business, Logistics, For-Hire, Global Freight

UPS Discusses Acquisition of Parcel Carrier in Mexico

The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.

Connor D. Wolf | Staff Reporter
July 24, 2024
Business, Logistics, For-Hire

Urban Delivery Hubs Present Solutions to Final-Mile Shipping

An evolving concept to address the issue of final-mile delivery is the urban delivery hub.

Dan Calabrese | Special to Transport Topics
July 23, 2024
Business, For-Hire

UPS Boosts Volume in US for First Time Since 2022

UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge.

Michelle Chapman | Associated Press
July 23, 2024
Government, Business, For-Hire

XPO Launches Cross-Border Expansion Into Mexico

XPO launched a new service aimed at expanding its cross-border services between the U.S. and Mexico, the company announced July 17.

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

Freight Recession Still Squeezing Marten’s Profits, Margins

Profits and margins at Marten Transport continued to weaken in Q2 of 2024, dented by the ongoing industrywide supply-demand imbalance, higher costs and softer freight rates.

Keiron Greenhalgh | Staff Reporter
July 22, 2024
Business, Logistics, For-Hire

J.B. Hunt Reports $2.9 Billion in Revenue for Q2

J.B. Hunt Transport Services reported that second-quarter net income declined on revenue that fell just short of $3 billion.

Connor D. Wolf | Staff Reporter
July 18, 2024
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