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

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February 23, 2024
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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
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Social Media Platforms Open Fleets to Newer Recruiting Pool

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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.

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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
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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
Business, Technology, Logistics, Autonomous, For-Hire

Trucking Executives Cite Opportunities for AI Adoption

LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.

Seth Clevenger | Managing Editor, Features
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