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 This Year Rank Last Year Company Revenue (000) Net Income (000) Employees Tractors* Trailers
1 1
UPS Inc.
97,300,000 12,900,000 534,000 15,554 85,398
2 2
FedEx Corp.
91,683,000 6,118,000 577,000 37,488 136,947
4 4
J.B. Hunt Transport Services
12,168,000 760,800 34,978 18,617 39,994
10 8
Yellow Corp.
5,122,000 104,000 32,000 14,200 42,000
8 7
Schneider
5,600,000 405,000 16,050 11,300 36,700
13 13
Hub Group
4,232,000 171,000 5,000 3,600 6,100
5 5
TFI International
7,220,000 664,000 29,539 22,812 50,091
6 9
Landstar System
6,538,000 721,000 1,399 11,864 18,307
9 10
Old Dominion Freight Line
5,256,000 1,034,000 24,372 10,403 41,220
14 15
ArcBest
3,980,000 214,000 14,000 4,360 23,438
3 3
XPO
12,800,000 323,000 42,000 7,900 25,800
12 12
Estes Express Lines
4,447,000 - 21,700 8,500 34,000
17 17
Werner Enterprises
2,734,000 259,000 13,525 8,775 27,225
77 75
Roadrunner Freight
430,000
est
-
23 21
U.S. Xpress Enterprises
1,949,000 11,000 8,689 6,400 13,600
33 30
UniGroup
1,499,000 - 835 2,889 4,767
24 23
Kenan Advantage Group
1,904,000
est
- 9,311 7,121 12,235
20 18
Prime Inc.
2,408,000 351,000 4,411 7,601 14,700
18 22
Purolator
2,600,000 293,000 13,533 522 2,005
29 25
C.R. England
1,644,000 - 6,588 3,833 5,897
25 24
CRST The Transportation Solution
1,800,000 - 6,536 4,894 14,289
21 20
Saia Inc.
2,300,000 335,000 12,000 5,600 19,300
26 29
Universal Logistics Holdings
1,751,000 - 8,000 4,066 3,800
35 34
Southeastern Freight Lines
1,476,000 - 8,490 2,788 8,060
15 14
Penske Logistics
3,700,000 - 19,994 5,583 13,771
16 16
NFI
3,100,000 - 15,500 4,600 13,000
7 6
Knight-Swift Transportation Holdings
6,000,000 966,000 27,900 21,351 75,019
37 37
Crete Carrier Corp.
1,304,000 - 6,500 5,000 13,000
27 33
Forward Air
1,662,000 116,000 4,327 865 6,370
39 39
Lynden
1,080,000 - 2,472 880 2,430
51 38
Quality Carriers
850,000 - 1,600 2,600 7,500
46 49
Atlas World Group
974,000 17,000 655 1,653 3,615
30 32
Anderson Trucking Service
1,567,000 - 2,325 2,588 7,082
66 56
Heartland Express
607,000 79,000 3,180 3,193 10,741
48 41
KLLM Transport Services
953,000 - 3,200 6,100
38 35
Ruan
1,227,820 - 5,500 3,475 8,210
71 68
Jack Cooper Holdings
507,000
est
- 3,753 1,286 1,284
34 31
Day & Ross
1,489,000 - 8,400 4,600 9,150
67 61
Trimac Transportation
600,000
est
- 1,681 3,250
40 46
Covenant Logistics Group
1,046,000 - 5,600 2,563 5,213
55 58
Stevens Transport
745,000 129,000 2,900 2,050 3,600
46 42
Marten Transport
974,000 85,000 4,007 3,204 5,299
31 26
Daseke Inc.
1,557,000 56,000 4,006 4,697 11,266
54 53
AAA Cooper Transportation
776,000 - 5,000 2,650
50 48
Pitt Ohio Transportation Group
900,000 - 5,087 1,565 3,995
65 70
Mercer Transportation Co.
614,000 - 247 2,180 2,180
45 51
Western Express
977,000 - 4,400 3,150 8,400
56 52
United Road Services
713,000
est
- 1,837 1,978 2,110
59 59
Canada Cartage System
701,000 - 4,332 2,880 2,700
52 60
Mullen Group
838,000 - 4,622 2,241 6,151
53 57
Bison Transport
778,000 - 3,732 2,115 6,057
42 54
Bennett International Group
998,000 - 1,114 2,726 1,865
60 55
Dayton Freight Lines
684,000 145,000 5,593 1,813 4,970
81 80
Dart Transit Co.
377,600
est
- 2,051 7,140
62 63
Cowan Systems
655,000 - 2,301 2,346 7,487
58 71
P.A.M. Transport
707,100 76,500 2,510 1,970 6,859
22 27
Evans Delivery
2,050,000 - 650 9,000 3,000
70 73
Roehl Transport
521,000 - 2,968 2,074 5,883
73 78
Mesilla Valley Transportation
494,000 - 2,616 1,796 6,000
63 69
A. Duie Pyle Inc.
628,000 - 3,734 1,444 2,962
79 79
Maverick USA
398,000 - 1,977 1,458 2,671
78 82
Challenger Motor Freight
402,000 - 1,200 1,545 3,380
85 86
Koch Cos.
359,000 - 1,213 983 5,689
83
Dependable Supply Chain Services
363,000 - 1,965 462 1,167
87 84
John Christner Trucking
334,000 17,000 315 754 1,236
90 95
Trans-System Inc.
315,000 - 990 940 1,886
97
Paschall Truck Lines
265,000 - 1,545 1,170 3,500
76 76
Foodliner/Quest Liner
437,000 - 1,562 1,608 2,914
86 92
Melton Truck Lines
338,000 - 1,611 1,233 2,191
43 72
IMC Cos.
983,000 - 2,371 1,700 150
72 77
Fastfrate Group
500,000 - 3,000 1,152 1,644
74 87
Quantix Supply Chain Solutions
454,000 -72,000 1,850 1,632 3,594
94
Oak Harbor Freight Lines
284,000
est
- 1,700 777 2,487
40 43
Central Transport International
1,046,000
est
- 2,953 11,877
80 94
Daylight Transport
380,000 -
44 45
Cardinal Logistics
981,000 - 4,200 3,025 8,000
27 47
OnTrac Inc.
1,662,000
est
-
84 90
Dupré Logistics
360,000 188,000 1,260 750 2,000
98 99
PGT Trucking
253,700 - 695 1,138 1,825
36 40
PS Logistics
1,375,000 - 3,100 3,625 5,700
49 44
10 Roads Express
917,000 - 5,052 5,287
11 11
Ryder Supply Chain Solutions
4,612,000 166,000 41,900 70,700 43,500
88
Leonard's Express
327,000 - 700 582 1,000
19 19
R+L Carriers
2,427,000
est
- 6,774 19,709
57 65
USA Truck (DB Schenker)
710,000 25,000 2,069 2,157 6,548
64 66
Hirschbach Motor Lines
626,000 - 1,990 2,299 3,861
69 67
Two Men and a Truck Movers
525,000
est
- 11,396
32 36
Averitt Express
1,532,000 - 9,000 5,090 15,071
75 74
TMC Transportation
450,000
est
- 3,098 4,252
93 81
ContainerPort Group
287,000 - 363 1,296 16
96
Artur Express
272,000 - 471 776 3,047
91
Beemac Trucking
301,000 - 130 525 610
82 85
Red Classic
365,000 - 1,206 649 3,500
95
Transervice Logistics
278,300 - 1,200 366 2,181
100
Paper Transport
244,000 - 1,100 850 3,200
68 64
Heniff Transportation Systems
562,000
est
- 1,806 5,066
92
New Legend Inc.
294,000 37,000 1,400 1,000 4,600
99 100
Smith Transport
246,000
est
- 1,136 816 2,250
61 83
R&R Express
680,000 - 397 504 642
89
Western Flyer Express
320,000 - 1,150 4,000
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, For-Hire

Knight-Swift Reports 69% Earnings Drop in Q3

Knight-Swift Transportation Holdings Inc. on Oct. 19 reported that its third-quarter earnings dropped by 69% year-over-year, even as revenue increased.

Connor D. Wolf | Staff Reporter
October 20, 2023
Business, For-Hire

Mullen Group Reports Mixed Q3 Results

Mullen Group posted an increase in earnings despite a decline in overall revenue during the third quarter, the company reported Oct. 19.

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

Marten Revenue Nears $280 Million Amid Tough Q3 Market

Marten Transport experienced a decline in revenue and earnings amid tough market conditions during the third quarter, the company reported Oct 18.

Connor D. Wolf | Staff Reporter
October 19, 2023
Business, Technology, Equipment, Logistics, Autonomous, For-Hire

Autonomous Trucks Could Create Safer Roads, Better Jobs

AUSTIN, Texas — Autonomous truck developers and their industry partners see opportunities for this technology to improve road safety and create more desirable jobs for drivers.

Seth Clevenger | Managing Editor, Features and Multimedia
October 19, 2023
Government, Business, Equipment, For-Hire

Yellow Aims to Appoint Auction Houses for Rolling Stock Sale

The administrators of Yellow Corp. aim to use auction houses to sell off the bankrupt less-than-truckload carrier’s rolling stock, according to court filings.

Keiron Greenhalgh | Staff Reporter
October 18, 2023
Business, Logistics, For-Hire

J.B. Hunt Q3 Profit Slides 30.4% Year-Over-Year

J.B. Hunt Transport Services posted a 30.4% year-over-year decrease in profits in the third quarter, undershooting analyst expectations as revenues declined at each of the carrier’s operating units.

Keiron Greenhalgh | Staff Reporter
October 17, 2023
Business, Equipment, For-Hire

Yellow Extends Bid Deadline for Trucks, Trailers

Yellow Corp. has rescheduled the bid deadline for its fleet of trucks and trailers, according to court documents related to the shuttered carrier’s ongoing bankruptcy proceedings.

Keiron Greenhalgh | Staff Reporter
October 15, 2023
Business, Technology, For-Hire

Estes Rating, Quoting System Returns to Action After Cyberattack

Estes Express Lines late Oct. 12 said its rating and quoting system, as well as telephone lines and email access, were again operational following a cyberattack earlier in the month.

Keiron Greenhalgh | Staff Reporter
October 13, 2023
Business, Technology, Equipment, For-Hire, Private

Mercedes Unveils Longhaul Electric Truck

Mercedes-Benz Trucks revealed a heavy-duty electric truck to take on Tesla Inc.’s battery-powered Semi, the latest move in the intensifying race to decarbonize road logistics.

William Wilkes | Bloomberg News
October 10, 2023
Business, Technology, Safety, For-Hire

Estes: Many Core IT Systems Operational Again After Attack

Estes Express Lines on Oct. 6 said a large share of its core IT infrastructure systems were “once again operational” following a cyberattack earlier in the week.

Keiron Greenhalgh | Staff Reporter
October 6, 2023
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