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2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America

Up Front

2022 Top 100 For-Hire Carriers List Illustrates Growth of Large Fleets

For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.

How the Pandemic Accelerated Change for Motor Carriers

The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.

Map: Where They Are

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
100 244,000 - 1,100 850 3,200
99 100 246,000
est
 - 1,136 816 2,250
98 99 253,700 - 695 1,138 1,825
97 265,000 - 1,545 1,170 3,500
96 272,000 - 471 776 3,047
95 278,300 - 1,200 366 2,181
94 284,000
est
 - 1,700 777 2,487
93 81 287,000 - 363 1,296 16
92 294,000 37,000 1,400 1,000 4,600
91 301,000 - 130 525 610
90 95 315,000 - 990 940 1,886
89 320,000 - 1,150 4,000
88 327,000 - 700 582 1,000
87 84 334,000 17,000 315 754 1,236
86 92 338,000 - 1,611 1,233 2,191
85 86 359,000 - 1,213 983 5,689
84 90 360,000 188,000 1,260 750 2,000
83 363,000 - 1,965 462 1,167
82 85 365,000 - 1,206 649 3,500
81 80 377,600
est
 - 2,051 7,140
80 94 380,000 - 0
79 79 398,000 - 1,977 1,458 2,671
78 82 402,000 - 1,200 1,545 3,380
77 75 430,000
est
 - 0
76 76 437,000 - 1,562 1,608 2,914
75 74 450,000
est
 - 3,098 4,252
74 87 454,000 -72,000 1,850 1,632 3,594
73 78 494,000 - 2,616 1,796 6,000
72 77 500,000 - 3,000 1,152 1,644
71 68 507,000
est
 - 3,753 1,286 1,284
70 73 521,000 - 2,968 2,074 5,883
69 67 525,000
est
 - 11,396 0
68 64 562,000
est
 - 1,806 5,066
67 61 600,000
est
 - 1,681 3,250
66 56 607,000 79,000 3,180 3,193 10,741
65 70 614,000 - 247 2,180 2,180
64 66 626,000 - 1,990 2,299 3,861
63 69 628,000 - 3,734 1,444 2,962
62 63 655,000 - 2,301 2,346 7,487
61 83 680,000 - 397 504 642
60 55 684,000 145,000 5,593 1,813 4,970
59 59 701,000 - 4,332 2,880 2,700
58 71 707,100 76,500 2,510 1,970 6,859
57 65 710,000 25,000 2,069 2,157 6,548
56 52 713,000
est
 - 1,837 1,978 2,110
55 58 745,000 129,000 2,900 2,050 3,600
54 53 776,000 - 5,000 2,650
53 57 778,000 - 3,732 2,115 6,057
52 60 838,000 - 4,622 2,241 6,151
51 38 850,000 - 1,600 2,600 7,500
50 48 900,000 - 5,087 1,565 3,995
49 44 917,000 - 5,052 5,287
48 41 953,000 - 3,200 6,100
46 49 974,000 17,000 655 1,653 3,615
46 42 974,000 85,000 4,007 3,204 5,299
45 51 977,000 - 4,400 3,150 8,400
44 45 981,000 - 4,200 3,025 8,000
43 72 983,000 - 2,371 1,700 150
42 54 998,000 - 1,114 2,726 1,865
40 43 1,046,000
est
 - 2,953 11,877
40 46 1,046,000 - 5,600 2,563 5,213
39 39 1,080,000 - 2,472 880 2,430
38 35 1,227,820 - 5,500 3,475 8,210
37 37 1,304,000 - 6,500 5,000 13,000
36 40 1,375,000 - 3,100 3,625 5,700
35 34 1,476,000 - 8,490 2,788 8,060
34 31 1,489,000 - 8,400 4,600 9,150
33 30 1,499,000 - 835 2,889 4,767
32 36 1,532,000 - 9,000 5,090 15,071
31 26 1,557,000 56,000 4,006 4,697 11,266
30 32 1,567,000 - 2,325 2,588 7,082
29 25 1,644,000 - 6,588 3,833 5,897
27 33 1,662,000 116,000 4,327 865 6,370
27 47 1,662,000
est
 - 0
26 29 1,751,000 - 8,000 4,066 3,800
25 24 1,800,000 - 6,536 4,894 14,289
24 23 1,904,000
est
 - 9,311 7,121 12,235
23 21 1,949,000 11,000 8,689 6,400 13,600
22 27 2,050,000 - 650 9,000 3,000
21 20 2,300,000 335,000 12,000 5,600 19,300
20 18 2,408,000 351,000 4,411 7,601 14,700
19 19 2,427,000
est
 - 6,774 19,709
18 22 2,600,000 293,000 13,533 522 2,005
17 17 2,734,000 259,000 13,525 8,775 27,225
16 16 3,100,000 - 15,500 4,600 13,000
15 14 3,700,000 - 19,994 5,583 13,771
14 15 3,980,000 214,000 14,000 4,360 23,438
13 13 4,232,000 171,000 5,000 3,600 6,100
12 12 4,447,000 - 21,700 8,500 34,000
11 11 4,612,000 166,000 41,900 70,700 43,500
10 8 5,122,000 104,000 32,000 14,200 42,000
9 10 5,256,000 1,034,000 24,372 10,403 41,220
8 7 5,600,000 405,000 16,050 11,300 36,700
7 6 6,000,000 966,000 27,900 21,351 75,019
6 9 6,538,000 721,000 1,399 11,864 18,307
5 5 7,220,000 664,000 29,539 22,812 50,091
4 4 12,168,000 760,800 34,978 18,617 39,994
3 3 12,800,000 323,000 42,000 7,900 25,800
2 2 91,683,000 6,118,000 577,000 37,488 136,947
1 1 97,300,000 12,900,000 534,000 15,554 85,398
About the Rankings...

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

Shippers Turn to Trucking for Carbon Reduction Assistance

Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.

Top 100 For-Hire Carriers Press Release & Logo

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.

About Us: Transport Topics Top 100 For-Hire Carriers

Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.

For-Hire News

Business, Logistics, For-Hire

RXO Opens New Cross-Border Facility in Texas

RXO Laredo

RXO celebrated the grand opening of its newest cross-border facility in Laredo, Texas, the company announced March 29.

Connor D. Wolf | Staff Reporter
March 29, 2023
Business, Equipment, For-Hire

February Trailer Orders Down 2.6% Year-Over-Year

An XPO service center

U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.

Connor D. Wolf | Staff Reporter
March 22, 2023
Business, Technology, Equipment, Logistics, Breaking News, For-Hire

Knight-Swift Agrees to Acquire U.S. Xpress

Knight-Swift and U.S. Xpress trucks

Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.

Connor D. Wolf | Staff Reporter
March 21, 2023
Business, Logistics, For-Hire, Global Freight

FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective

An employee sorts packages on a conveyor belt at a FedEx facility

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.

Thomas Black | Bloomberg News
March 17, 2023
Government, Business, Logistics, For-Hire

New UPS Distribution Center in N.C. to Create 60 Driver Jobs

UPS truck and logo

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.

Noël Fletcher | Staff Reporter
February 27, 2023
Business, Equipment, For-Hire

January Net Trailer Orders Drop 58% Following Year-End Surge

trailers

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.

Connor D. Wolf | Staff Reporter
February 23, 2023
Business, Logistics, For-Hire, Global Freight

FedEx Pilots Plan Strike Authorization Vote as Labor Talks Stall

A FedEx Boeing 767-300F cargo plane

FedEx Corp. pilots are inching closer to a potential strike as negotiations stall on a new labor agreement.

Mary Schlangenstein | Bloomberg News
February 23, 2023
Business, Logistics, For-Hire

Forward Air Reports Q4, Full-Year Records

Forward Air

Forward Air Corp. reported record fourth-quarter and full-year revenue, operating income and net income per diluted share Feb. 8.

Connor D. Wolf | Staff Reporter
February 9, 2023
Government, Business, Technology, Equipment, Autonomous, For-Hire

Electric, Autonomous Trucks Hold Promise, Executives Say

Manifest tech panel

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.

Seth Clevenger | Managing Editor, Features
February 8, 2023
Business, Logistics, For-Hire

Forward Air Expands in Chicago Area With New Terminal

Forward Air

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.

Connor D. Wolf | Staff Reporter
February 6, 2023

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