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

UPS Sees Sales, Profit Growth Coming Out of ‘Difficult’ 2023

UPS Inc. expects sales and profit to grow over the next three years as the courier overcomes soft demand for package delivery coming out of the pandemic.

Kiel Porter | Bloomberg News
March 26, 2024
Business, Logistics, For-Hire

Amazon Delivery Rival Pandion Secures Funding for Expansion

E-commerce logistics startup Pandion — which helps retailers like Saks Fifth Avenue compete with Amazon’s delivery — has secured $41.5 million in fresh funds to expand its operation.

Spencer Soper | Bloomberg News
March 22, 2024
Business, For-Hire

FedEx Plans $5 Billion Buyback of Shares

FedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts have helped boost the courier’s profits as fiscal third-quarter earnings beat expectations.

March 21, 2024
Government, Business, Technology, Logistics, For-Hire

Aerolane Seeks to Use Freighter Planes to Pull Cargo Gliders

Aerolane is testing a business plan to pull cargo gliders with small freighter planes.

Thomas Black | Bloomberg News
March 19, 2024
Business, Equipment, Logistics, For-Hire

PS Logistics Buys Yordy Transport, Boosts Flatbed Ops Again

Diamond State Trucking & Logistics is to buy Morton, Ill.-based flatbed carrier Yordy Transport for an undisclosed sum, parent company PS Logistics said.

Keiron Greenhalgh | Staff Reporter
March 14, 2024
Business, Logistics, For-Hire

TFI Buys Hercules Forwarding to Boost US LTL Operations

TFI International is to buy less-than-truckload carrier Hercules Forwarding Inc. for an undisclosed sum, it said.

Keiron Greenhalgh | Staff Reporter
March 12, 2024
Business, Technology, Equipment, For-Hire, Private

PepsiCo, Estes Express Earn Sustainability Pathfinder Awards

NEW ORLEANS — Transport Topics has presented its inaugural Sustainability Pathfinder awards to PepsiCo and Estes Express in recognition of efforts to curb emissions and eliminate waste.

March 6, 2024
Business, Logistics, For-Hire

Nearshoring Trend Drives More Border Growth

The nearshoring trend has been driving further transportation and logistics investments near the Mexican border as companies work to capture current and expected future growth.

Connor D. Wolf | Staff Reporter
March 4, 2024
Business, Equipment, Fuel, Logistics, For-Hire, Private

Navistar Launches Integrated Powertrain

Truck maker Navistar announced Feb. 26 it has made the first deliveries of its International LT Series equipped with the International S13 Integrated Powertrain.

Dan Ronan | Senior Reporter
February 29, 2024
Business, For-Hire

J.B. Hunt to Promote Shelley Simpson to CEO Post

J.B. Hunt Transport Services Inc. announced that company president Shelley Simpson is also taking on the post of CEO, effective July 1.

Keiron Greenhalgh | Staff Reporter
February 29, 2024
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