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

TFI to Put LTL, Truckload Units on Diets as Q2 Profit Falls

TFI International is cutting costs across both its Less-Than-Truckload and Truckload businesses amid what CEO Alain Bédard described as a stubbornly lackluster freight environment.

Keiron Greenhalgh | Staff Reporter
July 26, 2024
Business, Equipment, Logistics, For-Hire, Top 100

Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gains

Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period.

Keiron Greenhalgh | Staff Reporter
July 26, 2024
Business, Logistics, For-Hire, Top 100

Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize

Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.

Connor D. Wolf | Staff Reporter
July 25, 2024
Business, Logistics, For-Hire

Covenant Logistics Reports Nearly 5% Revenue Rise for Q2

Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 25, 2024
Business, For-Hire

Old Dominion Posts Third Straight Quarter of Revenue Growth

Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 24, 2024
Business, Technology, Safety, For-Hire, Top 100

Gaining Driver Buy-In Is Key to Deploying Dash Cams

CHICAGO — Fleet operators are increasingly embracing the use of dash cameras, but successfully deploying these in-cab systems hinges on driver acceptance of the technology.

Seth Clevenger | Managing Editor, Features and Multimedia
July 24, 2024
Business, Logistics, For-Hire, Global Freight

UPS Discusses Acquisition of Parcel Carrier in Mexico

The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.

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

Urban Delivery Hubs Present Solutions to Final-Mile Shipping

An evolving concept to address the issue of final-mile delivery is the urban delivery hub.

Dan Calabrese | Special to Transport Topics
July 23, 2024
Business, For-Hire

UPS Boosts Volume in US for First Time Since 2022

UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge.

Michelle Chapman | Associated Press
July 23, 2024
Government, Business, For-Hire

XPO Launches Cross-Border Expansion Into Mexico

XPO launched a new service aimed at expanding its cross-border services between the U.S. and Mexico, the company announced July 17.

Connor D. Wolf | Staff Reporter
July 22, 2024
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