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
2 2
FedEx Corp.
68,869,000 2,359,000 475,000 29,813 113,218
1 1
UPS Inc.
74,094,000 4,440,000 495,000 19,851 107,542
7 5
Knight-Swift Transportation Holdings
4,843,950 310,178 23,800 19,520 58,315
6 6
Yellow Corp.
4,871,200 -104,000 30,000 14,100 43,700
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
8 9
Old Dominion Freight Line
4,109,111 615,518 21,159 9,296 37,539
5 7
Schneider
5,000,000 147,000 15,650 9,000 35,100
4 4
J.B. Hunt Transport Services
9,165,258 516,000 29,106 17,972 35,093
11 10
TFI International
3,903,828 233,891 16,700 15,844 25,505
16 15
Werner Enterprises
2,463,701 166,944 12,736 8,033 24,145
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
9 8
Landstar System
4,084,577 227,720 1,333 10,243 17,067
21 25
Saia Inc.
1,786,735 113,719 10,400 4,779 16,376
24 20
U.S. Xpress Enterprises
1,707,361 -3,043 8,572 6,900 15,500
32 32
Averitt Express
1,319,000 - 9,007 5,319 14,905
25 24
CRST The Transportation Solution
1,559,000 - 6,778 5,808 14,513
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
22 27
Kenan Advantage Group
1,758,645 - 9,400 6,977 11,225
31 30
Southeastern Freight Lines
1,384,438 - 8,839 3,385 10,666
40 39
Ruan
1,002,045 - 5,900 3,704 9,661
47 47
Cardinal Logistics
805,000 - 4,220 3,055 8,700
52 52
Western Express
683,535 - 3,250 3,050 8,080
60 57
Heartland Express
596,815 72,967 4,050 2,630 8,000
37 46
Day & Ross
1,130,700 - 5,000 4,000 8,000
33 33
Anderson Trucking Service
1,274,459 - 2,294 2,780 7,209
29 31
Forward Air
1,410,395 87,099 5,652 1,353 7,178
68 65
P.A.M. Transport
514,177 7,900 2,666 2,130 7,081
50 50
AAA Cooper Transportation
718,000 - 5,000 2,552 6,958
65 63
Cowan Systems
533,012 - 2,397 2,279 6,782
43 42
Covenant Logistics Group
894,528 8,477 5,550 3,021 6,739
26 26
C.R. England
1,545,199 - 8,153 4,309 6,604
67 64
USA Truck (DB Schenker)
522,631 -4,698 2,098 1,990 6,092
45 43
Pitt Ohio Transportation Group
855,982 - 5,680 2,055 5,836
56 62
Bison Transport
633,817 - 3,688 2,185 5,711
79 83
Koch Cos.
351,081 - 1,224 1,164 5,540
73 76
Roehl Transport
438,659 - 2,702 2,040 5,481
46 48
Marten Transport
843,271 61,071 4,087 3,212 5,464
41 40
KLLM Transport Services
936,000 - 3,600 5,400
54 53
Mullen Group
664,550 - 3,768 1,978 5,139
12 12
Hub Group
3,668,117 107,171 5,000 3,900 4,920
53 54
Dayton Freight Lines
679,000 - 4,949 1,955 4,600
61 69
Black Horse Carriers
561,000 - 4,040 1,958 4,500
27 28
Universal Logistics Holdings
1,511,998 37,586 6,541 5,343 4,428
42 41
Atlas World Group
906,400 96,000 754 1,228 3,864
84 95
Challenger Motor Freight
335,000 - 1,200 1,570 3,550
62 73
Hirschbach Motor Lines
550,530 - 1,141 1,887 3,503
58 66
Trimac Transportation
610,000 - 3,000 2,120 3,400
49 51
Stevens Transport
737,294 85,210 2,750 1,950 3,290
64 67
Canada Cartage System
535,800 5,800 3,269 2,736 3,019
81 81
Red Classic
342,100 - 1,275 577 2,918
39 37
Lynden
1,075,000 - 3,039 998 2,679
63 58
Mercer Transportation Co.
543,651 - 301 2,383 2,600
76 77
Maverick USA
389,182 - 2,125 1,582 2,582
95 97
Martin Transportation Systems
276,978 - 2,357 1,264 2,417
87 85
Melton Truck Lines
305,717 - 1,868 1,457 2,407
85 82
Foodliner/Quest Liner
334,103 - 1,315 1,317 2,340
70 75
A. Duie Pyle Inc.
491,100 - 3,281 1,209 2,285
55 56
Bennett International Group
650,846 - 1,029 1,810 2,186
93 86
Trans-System Inc.
290,000 - 1,051 1,026 1,849
98 98
PGT Trucking
273,828 - 680 1,090 1,800
90
Dupré Logistics
297,582 - 1,313 750 1,471
97
FFE Transportation Services
275,000 - 1,511 1,000 1,450
88
Fastfrate Group
301,520 - 1,530 1,116 1,350
36 36
Purolator
1,166,279 - 11,000 465 1,329
83 89
John Christner Trucking
338,873 - 207 839 1,244
51 54
United Road Services
713,000 - 1,837 2,368 1,200
82
Salmon Cos.
341,073 - 824 1,104
94 93
Hansen & Adkins Auto Transport
283,137 6,622 955 1,224 945
34 34
Evans Delivery
1,240,000 - 430 6,200 550
86 86
RoadOne IntermodaLogistics
314,000 - 2,200 1,700 350
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
30 29
Sirva Inc.
1,400,000 -
72 72
TMC Transportation
450,000 -
71 74
LaserShip Inc./OnTrac Inc.
452,000 -
100 99
Superior Bulk Logistics
269,000 -
35 35
Crete Carrier Corp.
1,200,000 - 6,500
77 78
Transport Investments
384,719 - 200
78 79
Mesilla Valley Transportation
383,950 - 1,662
99
Groendyke Transport
273,125 -
80 80
IMC Cos.
347,395 - 2,012
20 17
Roadrunner Freight
1,847,862 -340,937 3,600
59 59
Suddath
600,000 - 2,200
69 60
Jack Cooper Holdings
507,000 - 3,753
66 70
Two Men and a Truck Movers
524,929 - 11,396
44 44
Central Transport International
856,000 -
57 61
OnTrac Inc.
618,000 -
38 45
Quality Carriers
1,090,684 -
23 21
Daseke Inc.
1,737,000 -307,400 5,946 2,334
91 84
TransAm Trucking
297,000 -
28 22
UniGroup
1,500,000 -
19 23
R+L Carriers
1,972,000 -
89 86
ContainerPort Group
300,000 - 400
96 95
Quantix Supply Chain Solutions
276,000 - 1,100
74 68
Dart Transit Co.
424,000 - 2,362
92 90
Heniff Transportation Systems
293,000 -
Extras
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101

On the Bubble

Paschall Truck Lines ($268 million), is a truckload freight carrier based in Murray, Ky.
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
Government, Business, Safety, For-Hire

Groups Support Werner in Legal Filing Over ‘Nuclear’ Verdict

The Texas Trucking Association and another advocacy group have filed a “friend of the court” brief with the Texas Supreme Court asking that it reject a $100 million lower-court accident verdict against Werner Enterprises.

Eric Miller | Senior Reporter
February 28, 2024
Government, Business, Technology, For-Hire

New SEC Rules Prompt Closer Look at Cybersecurity

Trucking businesses need to take a close look at the state of their cybersecur­ity in 2024 now that tough, new disclosure rules from the Securities and Exchange Commission have gone live.

Joe Dysart | Webology 101
February 23, 2024
Business, Equipment, For-Hire

Estes, Pitt Ohio Among Firms Filling Yellow Void in Buffalo

Yellow Corp.’s shutdown has opened the door for Estes Express Lines, Pitt Ohio and more to make greater inroads in the Buffalo, N.Y., Niagara region.

Matt Glynn | The Buffalo (N.Y.) News
February 20, 2024
Business, Technology, Logistics, For-Hire

Social Media Platforms Open Fleets to Newer Recruiting Pool

Fleets are looking more to social media platforms to increase brand awareness, reach new customers and, increasingly, find new employees.

Amanda Smith | Special to Transport Topics
February 16, 2024
Government, Business, For-Hire

Knight-Swift Adds 10 More Leased Yellow Terminals to Haul

Knight-Swift Transportation Holdings Inc. extended its winning streak in auctions of former Yellow Corp. terminals, strengthening its less-than-truckload operations.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

Ryder Q4 Profit Slides on Weak Used Truck Prices, Rentals

Profits at Ryder System Inc. fell 39.8% in the fourth quarter of 2023 as weak freight conditions again sapped strength from used vehicle sales prices and rental activity, it said Feb. 14.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

XPO Looks to Lower Leverage, May Buy Back Debt Early, CFO Says

Less-than-truckload carrier XPO Inc. is working to reduce its leverage after it purchased assets from Yellow Corp. and might consider buying back some of its debt at par, its finance chief said.

Nina Trentmann | Bloomberg News
February 12, 2024
Business, For-Hire

TFI Eyes Merger for Truckload Operations as Part of Spinoff

TFI International’s truckload operations could be merged with a competitor to divide the Montreal-based company into two publicly traded entities, likely in 2025, its CEO said Feb. 9.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
Business, Logistics, For-Hire

TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll

Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
Business, Logistics, For-Hire

Forward Air CEO Tom Schmitt Exits After Omni Deal Completion

Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.

Keiron Greenhalgh | Staff Reporter
February 8, 2024
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