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Rankings
| Rank This Year | Rank Last Year | Company | Revenue (000) | Net Income (000) | Employees | Tractors* | Trailers |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 97,300,000 | 12,900,000 | 534,000 | 15,554 | 85,398 | |
| 2 | 2 | 91,683,000 | 6,118,000 | 577,000 | 37,488 | 136,947 | |
| 3 | 3 | 12,800,000 | 323,000 | 42,000 | 7,900 | 25,800 | |
| 4 | 4 | 12,168,000 | 760,800 | 34,978 | 18,617 | 39,994 | |
| 5 | 5 | 7,220,000 | 664,000 | 29,539 | 22,812 | 50,091 | |
| 6 | 9 | 6,538,000 | 721,000 | 1,399 | 11,864 | 18,307 | |
| 7 | 6 | 6,000,000 | 966,000 | 27,900 | 21,351 | 75,019 | |
| 8 | 7 | 5,600,000 | 405,000 | 16,050 | 11,300 | 36,700 | |
| 9 | 10 | 5,256,000 | 1,034,000 | 24,372 | 10,403 | 41,220 | |
| 10 | 8 | 5,122,000 | 104,000 | 32,000 | 14,200 | 42,000 | |
| 11 | 11 | 4,612,000 | 166,000 | 41,900 | 70,700 | 43,500 | |
| 12 | 12 | 4,447,000 | - | 21,700 | 8,500 | 34,000 | |
| 13 | 13 | 4,232,000 | 171,000 | 5,000 | 3,600 | 6,100 | |
| 14 | 15 | 3,980,000 | 214,000 | 14,000 | 4,360 | 23,438 | |
| 15 | 14 | 3,700,000 | - | 19,994 | 5,583 | 13,771 | |
| 16 | 16 | 3,100,000 | - | 15,500 | 4,600 | 13,000 | |
| 17 | 17 | 2,734,000 | 259,000 | 13,525 | 8,775 | 27,225 | |
| 18 | 22 | 2,600,000 | 293,000 | 13,533 | 522 | 2,005 | |
| 19 | 19 | 2,427,000 est |
- | 6,774 | 19,709 | ||
| 20 | 18 | 2,408,000 | 351,000 | 4,411 | 7,601 | 14,700 | |
| 21 | 20 | 2,300,000 | 335,000 | 12,000 | 5,600 | 19,300 | |
| 22 | 27 | 2,050,000 | - | 650 | 9,000 | 3,000 | |
| 23 | 21 | 1,949,000 | 11,000 | 8,689 | 6,400 | 13,600 | |
| 24 | 23 | 1,904,000 est |
- | 9,311 | 7,121 | 12,235 | |
| 25 | 24 | 1,800,000 | - | 6,536 | 4,894 | 14,289 | |
| 26 | 29 | 1,751,000 | - | 8,000 | 4,066 | 3,800 | |
| 27 | 33 | 1,662,000 | 116,000 | 4,327 | 865 | 6,370 | |
| 27 | 47 | 1,662,000 est |
- | 0 | |||
| 29 | 25 | 1,644,000 | - | 6,588 | 3,833 | 5,897 | |
| 30 | 32 | 1,567,000 | - | 2,325 | 2,588 | 7,082 | |
| 31 | 26 | 1,557,000 | 56,000 | 4,006 | 4,697 | 11,266 | |
| 32 | 36 | 1,532,000 | - | 9,000 | 5,090 | 15,071 | |
| 33 | 30 | 1,499,000 | - | 835 | 2,889 | 4,767 | |
| 34 | 31 | 1,489,000 | - | 8,400 | 4,600 | 9,150 | |
| 35 | 34 | 1,476,000 | - | 8,490 | 2,788 | 8,060 | |
| 36 | 40 | 1,375,000 | - | 3,100 | 3,625 | 5,700 | |
| 37 | 37 | 1,304,000 | - | 6,500 | 5,000 | 13,000 | |
| 38 | 35 | 1,227,820 | - | 5,500 | 3,475 | 8,210 | |
| 39 | 39 | 1,080,000 | - | 2,472 | 880 | 2,430 | |
| 40 | 43 | 1,046,000 est |
- | 2,953 | 11,877 | ||
| 40 | 46 | 1,046,000 | - | 5,600 | 2,563 | 5,213 | |
| 42 | 54 | 998,000 | - | 1,114 | 2,726 | 1,865 | |
| 43 | 72 | 983,000 | - | 2,371 | 1,700 | 150 | |
| 44 | 45 | 981,000 | - | 4,200 | 3,025 | 8,000 | |
| 45 | 51 | 977,000 | - | 4,400 | 3,150 | 8,400 | |
| 46 | 49 | 974,000 | 17,000 | 655 | 1,653 | 3,615 | |
| 46 | 42 | 974,000 | 85,000 | 4,007 | 3,204 | 5,299 | |
| 48 | 41 | 953,000 | - | 3,200 | 6,100 | ||
| 49 | 44 | 917,000 | - | 5,052 | 5,287 | ||
| 50 | 48 | 900,000 | - | 5,087 | 1,565 | 3,995 | |
| 51 | 38 | 850,000 | - | 1,600 | 2,600 | 7,500 | |
| 52 | 60 | 838,000 | - | 4,622 | 2,241 | 6,151 | |
| 53 | 57 | 778,000 | - | 3,732 | 2,115 | 6,057 | |
| 54 | 53 | 776,000 | - | 5,000 | 2,650 | ||
| 55 | 58 | 745,000 | 129,000 | 2,900 | 2,050 | 3,600 | |
| 56 | 52 | 713,000 est |
- | 1,837 | 1,978 | 2,110 | |
| 57 | 65 | 710,000 | 25,000 | 2,069 | 2,157 | 6,548 | |
| 58 | 71 | 707,100 | 76,500 | 2,510 | 1,970 | 6,859 | |
| 59 | 59 | 701,000 | - | 4,332 | 2,880 | 2,700 | |
| 60 | 55 | 684,000 | 145,000 | 5,593 | 1,813 | 4,970 | |
| 61 | 83 | 680,000 | - | 397 | 504 | 642 | |
| 62 | 63 | 655,000 | - | 2,301 | 2,346 | 7,487 | |
| 63 | 69 | 628,000 | - | 3,734 | 1,444 | 2,962 | |
| 64 | 66 | 626,000 | - | 1,990 | 2,299 | 3,861 | |
| 65 | 70 | 614,000 | - | 247 | 2,180 | 2,180 | |
| 66 | 56 | 607,000 | 79,000 | 3,180 | 3,193 | 10,741 | |
| 67 | 61 | 600,000 est |
- | 1,681 | 3,250 | ||
| 68 | 64 | 562,000 est |
- | 1,806 | 5,066 | ||
| 69 | 67 | 525,000 est |
- | 11,396 | 0 | ||
| 70 | 73 | 521,000 | - | 2,968 | 2,074 | 5,883 | |
| 71 | 68 | 507,000 est |
- | 3,753 | 1,286 | 1,284 | |
| 72 | 77 | 500,000 | - | 3,000 | 1,152 | 1,644 | |
| 73 | 78 | 494,000 | - | 2,616 | 1,796 | 6,000 | |
| 74 | 87 | 454,000 | -72,000 | 1,850 | 1,632 | 3,594 | |
| 75 | 74 | 450,000 est |
- | 3,098 | 4,252 | ||
| 76 | 76 | 437,000 | - | 1,562 | 1,608 | 2,914 | |
| 77 | 75 | 430,000 est |
- | 0 | |||
| 78 | 82 | 402,000 | - | 1,200 | 1,545 | 3,380 | |
| 79 | 79 | 398,000 | - | 1,977 | 1,458 | 2,671 | |
| 80 | 94 | 380,000 | - | 0 | |||
| 81 | 80 | 377,600 est |
- | 2,051 | 7,140 | ||
| 82 | 85 | 365,000 | - | 1,206 | 649 | 3,500 | |
| 83 | 363,000 | - | 1,965 | 462 | 1,167 | ||
| 84 | 90 | 360,000 | 188,000 | 1,260 | 750 | 2,000 | |
| 85 | 86 | 359,000 | - | 1,213 | 983 | 5,689 | |
| 86 | 92 | 338,000 | - | 1,611 | 1,233 | 2,191 | |
| 87 | 84 | 334,000 | 17,000 | 315 | 754 | 1,236 | |
| 88 | 327,000 | - | 700 | 582 | 1,000 | ||
| 89 | 320,000 | - | 1,150 | 4,000 | |||
| 90 | 95 | 315,000 | - | 990 | 940 | 1,886 | |
| 91 | 301,000 | - | 130 | 525 | 610 | ||
| 92 | 294,000 | 37,000 | 1,400 | 1,000 | 4,600 | ||
| 93 | 81 | 287,000 | - | 363 | 1,296 | 16 | |
| 94 | 284,000 est |
- | 1,700 | 777 | 2,487 | ||
| 95 | 278,300 | - | 1,200 | 366 | 2,181 | ||
| 96 | 272,000 | - | 471 | 776 | 3,047 | ||
| 97 | 265,000 | - | 1,545 | 1,170 | 3,500 | ||
| 98 | 99 | 253,700 | - | 695 | 1,138 | 1,825 | |
| 99 | 100 | 246,000 est |
- | 1,136 | 816 | 2,250 | |
| 100 | 244,000 | - | 1,100 | 850 | 3,200 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Revenues for the following carriers are estimated by SJ Consulting Group: R+L Carriers, LaserShip/OnTrac, Crete Carrier Corp., Central Transport International, Oak Harbor Freight Lines.
FedEx Corp. revenue is for 12-month period ended Feb. 28, 2022.
Ruan revenue is for 2020.
10 Roads Express revenue is estimated by Culhane Meadows Pllc.
United Road Services revenue is for 2019.
Trimac revenue is for 2020.
Heniff Transportation Systems revenue is estimated for 2020.
Two Men and a Truck revenue is for 2019.
Jack Cooper Holdings revenue is estimated by SJ Consulting Group for 2019.
TMC Transportation revenue is for 2019.
Roadrunner Freight revenue is for 2019.
Dart Transit Co. revenue is estimated by SJ Consulting Group for 2020.
PGT Trucking revenue is for 2020.
Smith Transport revenue is for 2020.
* Tractor count includes company-owned, lease-to-own and owner-operator tractors.
Extras
For-Hire News
February Trailer Orders Down 2.6% Year-Over-Year
U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.
Knight-Swift Agrees to Acquire U.S. Xpress
Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.
FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective
FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.
New UPS Distribution Center in N.C. to Create 60 Driver Jobs
Some 60 new truck driver jobs are coming to southeastern North Carolina in the largest business venture there in 40 years thanks to a new UPS distribution center.
January Net Trailer Orders Drop 58% Following Year-End Surge
U.S. trailer orders in January decreased 9% year-over-year to 24,300 from 26,595 a year earlier, reported ACT Research. This comes a month after net trailer orders reached their second-highest level on record at 57,300. Also, orders dropped 58% from near-record results the prior month.
FedEx Pilots Plan Strike Authorization Vote as Labor Talks Stall
FedEx Corp. pilots are inching closer to a potential strike as negotiations stall on a new labor agreement.
Forward Air Reports Q4, Full-Year Records
Forward Air Corp. reported record fourth-quarter and full-year revenue, operating income and net income per diluted share Feb. 8.
Electric, Autonomous Trucks Hold Promise, Executives Say
LAS VEGAS — Autonomous and electric-powered trucks hold great potential to improve safety and efficiency in the freight transportation sector, but it will take time for these emerging technologies to overcome various market challenges and achieve widespread commercialization, industry executives said.
Forward Air Expands in Chicago Area With New Terminal
Forward Air Corp. will expand its expedited less-than-truckload service offering in the Chicago area with a new terminal in Bolingbrook, Ill., the company announced Feb. 6.
ArcBest Reports Earnings Decline, Revenue Gain for Q4
ArcBest experienced a decline in earnings year-over-year on moderate revenue gains during the fourth quarter of 2022, the company reported Feb. 3.
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