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
4 4
J.B. Hunt Transport Services
9,165,258 516,000 29,106 17,972 35,093
6 6
Yellow Corp.
4,871,200 -104,000 30,000 14,100 43,700
5 7
Schneider
5,000,000 147,000 15,650 9,000 35,100
12 12
Hub Group
3,668,117 107,171 5,000 3,900 4,920
11 10
TFI International
3,903,828 233,891 16,700 15,844 25,505
9 8
Landstar System
4,084,577 227,720 1,333 10,243 17,067
8 9
Old Dominion Freight Line
4,109,111 615,518 21,159 9,296 37,539
14 14
ArcBest
2,988,310 39,985 13,000 4,137 23,639
3 3
XPO
16,648,000 379,000 100,000 15,500 40,000
13 13
Estes Express Lines
3,260,000 - 19,000 7,485 38,617
16 15
Werner Enterprises
2,463,701 166,944 12,736 8,033 24,145
20 17
Roadrunner Freight
1,847,862 -340,937 3,600
24 20
U.S. Xpress Enterprises
1,707,361 -3,043 8,572 6,900 15,500
28 22
UniGroup
1,500,000 -
22 27
Kenan Advantage Group
1,758,645 - 9,400 6,977 11,225
17 18
Prime Inc.
2,288,397 307,504 4,900 7,416 14,116
36 36
Purolator
1,166,279 - 11,000 465 1,329
26 26
C.R. England
1,545,199 - 8,153 4,309 6,604
30 29
Sirva Inc.
1,400,000 -
25 24
CRST The Transportation Solution
1,559,000 - 6,778 5,808 14,513
21 25
Saia Inc.
1,786,735 113,719 10,400 4,779 16,376
27 28
Universal Logistics Holdings
1,511,998 37,586 6,541 5,343 4,428
31 30
Southeastern Freight Lines
1,384,438 - 8,839 3,385 10,666
15 16
Penske Logistics
2,600,000 - 19,475 4,634 17,626
18 19
NFI
2,140,000 - 12,600 4,550 12,500
7 5
Knight-Swift Transportation Holdings
4,843,950 310,178 23,800 19,520 58,315
35 35
Crete Carrier Corp.
1,200,000 - 6,500
29 31
Forward Air
1,410,395 87,099 5,652 1,353 7,178
39 37
Lynden
1,075,000 - 3,039 998 2,679
38 45
Quality Carriers
1,090,684 -
42 41
Atlas World Group
906,400 96,000 754 1,228 3,864
33 33
Anderson Trucking Service
1,274,459 - 2,294 2,780 7,209
60 57
Heartland Express
596,815 72,967 4,050 2,630 8,000
41 40
KLLM Transport Services
936,000 - 3,600 5,400
40 39
Ruan
1,002,045 - 5,900 3,704 9,661
69 60
Jack Cooper Holdings
507,000 - 3,753
37 46
Day & Ross
1,130,700 - 5,000 4,000 8,000
58 66
Trimac Transportation
610,000 - 3,000 2,120 3,400
43 42
Covenant Logistics Group
894,528 8,477 5,550 3,021 6,739
49 51
Stevens Transport
737,294 85,210 2,750 1,950 3,290
46 48
Marten Transport
843,271 61,071 4,087 3,212 5,464
23 21
Daseke Inc.
1,737,000 -307,400 5,946 2,334
50 50
AAA Cooper Transportation
718,000 - 5,000 2,552 6,958
45 43
Pitt Ohio Transportation Group
855,982 - 5,680 2,055 5,836
63 58
Mercer Transportation Co.
543,651 - 301 2,383 2,600
52 52
Western Express
683,535 - 3,250 3,050 8,080
51 54
United Road Services
713,000 - 1,837 2,368 1,200
64 67
Canada Cartage System
535,800 5,800 3,269 2,736 3,019
54 53
Mullen Group
664,550 - 3,768 1,978 5,139
59 59
Suddath
600,000 - 2,200
56 62
Bison Transport
633,817 - 3,688 2,185 5,711
55 56
Bennett International Group
650,846 - 1,029 1,810 2,186
53 54
Dayton Freight Lines
679,000 - 4,949 1,955 4,600
74 68
Dart Transit Co.
424,000 - 2,362
65 63
Cowan Systems
533,012 - 2,397 2,279 6,782
68 65
P.A.M. Transport
514,177 7,900 2,666 2,130 7,081
34 34
Evans Delivery
1,240,000 - 430 6,200 550
73 76
Roehl Transport
438,659 - 2,702 2,040 5,481
78 79
Mesilla Valley Transportation
383,950 - 1,662
70 75
A. Duie Pyle Inc.
491,100 - 3,281 1,209 2,285
76 77
Maverick USA
389,182 - 2,125 1,582 2,582
84 95
Challenger Motor Freight
335,000 - 1,200 1,570 3,550
79 83
Koch Cos.
351,081 - 1,224 1,164 5,540
83 89
John Christner Trucking
338,873 - 207 839 1,244
93 86
Trans-System Inc.
290,000 - 1,051 1,026 1,849
100 99
Superior Bulk Logistics
269,000 -
85 82
Foodliner/Quest Liner
334,103 - 1,315 1,317 2,340
99
Groendyke Transport
273,125 -
77 78
Transport Investments
384,719 - 200
87 85
Melton Truck Lines
305,717 - 1,868 1,457 2,407
80 80
IMC Cos.
347,395 - 2,012
88
Fastfrate Group
301,520 - 1,530 1,116 1,350
96 95
Quantix Supply Chain Solutions
276,000 - 1,100
95 97
Martin Transportation Systems
276,978 - 2,357 1,264 2,417
44 44
Central Transport International
856,000 -
86 86
RoadOne IntermodaLogistics
314,000 - 2,200 1,700 350
47 47
Cardinal Logistics
805,000 - 4,220 3,055 8,700
57 61
OnTrac Inc.
618,000 -
71 74
LaserShip Inc./OnTrac Inc.
452,000 -
90
Dupré Logistics
297,582 - 1,313 750 1,471
98 98
PGT Trucking
273,828 - 680 1,090 1,800
48 49
PS Logistics
747,339 - 3,664
75 71
10 Roads Express
390,445 -
10 11
Ryder Supply Chain Solutions
3,968,754 226,209
19 23
R+L Carriers
1,972,000 -
91 84
TransAm Trucking
297,000 -
67 64
USA Truck (DB Schenker)
522,631 -4,698 2,098 1,990 6,092
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
82
Salmon Cos.
341,073 - 824 1,104
66 70
Two Men and a Truck Movers
524,929 - 11,396
32 32
Averitt Express
1,319,000 - 9,007 5,319 14,905
72 72
TMC Transportation
450,000 -
89 86
ContainerPort Group
300,000 - 400
94 93
Hansen & Adkins Auto Transport
283,137 6,622 955 1,224 945
81 81
Red Classic
342,100 - 1,275 577 2,918
92 90
Heniff Transportation Systems
293,000 -
97
FFE Transportation Services
275,000 - 1,511 1,000 1,450
Extras
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110

On the Bubble

Magnate Worldwide ($235 million), is an air and expedited carrier based in Toledo, Ohio
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

Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO

Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.

Keiron Greenhalgh | Staff Reporter
April 24, 2024
Business, For-Hire

ODFL Reports Q1 Revenue and Earnings Growth

Old Dominion Freight Line experienced growth in revenue and earnings for the first quarter of 2024, the company reported April 24.

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

UPS Reports 41% Earnings Drop During Q1

UPS Inc. experienced a 41.3% drop in earnings during the first quarter of 2024, the company reported April 23.

Connor D. Wolf | Staff Reporter
April 23, 2024
Government, Business, For-Hire

Five Auto Haulers to Merge as Backer Files for IPO

Five auto carriers look set to merge, with the combined entity likely to then add to its assets by buying up competitors, if an initial public offering pans out as planned.

Keiron Greenhalgh | Staff Reporter
April 17, 2024
Business, For-Hire

J.B. Hunt Reports $2.9 Billion Revenue for Q1

J.B. Hunt Transport Services Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 16.

Connor D. Wolf | Staff Reporter
April 17, 2024
Business, Technology, For-Hire

Truck Software Developer Platform Science Raises $125M

Platform Science raised $125 million in capital to accelerate the launch of its software platform with additional truck manufacturers, a spokesperson for the company said April 16.

Keiron Greenhalgh | Staff Reporter
April 17, 2024
Government, Business, Technology, Equipment, Logistics, For-Hire, Global Freight

Amazon Becomes the Largest US Private EV Charging Operator

Amazon has installed more than 17,000 chargers at about 120 warehouses around the U.S., making the retail giant the largest operator of private EV charging infrastructure in the country.

Matt Day | Bloomberg News
April 15, 2024
Business, Fuel, Logistics, For-Hire

Kenan Advantage Group Owner Omers Exploring IPO

Omers Private Equity is exploring an initial public offering of Kenan Advantage Group, one of North America’s biggest tank truck transporter and logistics providers, according to sources.

Gillian Tan and Paula Sambo | Bloomberg News
April 12, 2024
Business, For-Hire

Roadrunner Opens Service Center in Atlanta

Roadrunner opened a new less-than-truckload service center in Atlanta, the longhaul freight carrier announced April 10.

Connor D. Wolf | Staff Reporter
April 10, 2024
Business, Technology, Autonomous, For-Hire

Kodiak Forms Autonomous Truck Council With Walmart, UPS

Kodiak Robotics launched an advisory council to bolster its efforts to commercialize autonomous trucks with the help of trucking industry leaders, the company announced March 27.

Connor D. Wolf | Staff Reporter
April 8, 2024
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