2016 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in the U.S. and Canada
Up Front
Learn how to be included in the 2017 Top 100 For-Hire Carriers listing.
Find out where the carriers are by regions in North America.
TT’s Dan Bearth hosted a livestream panel discussion on the disruptive influences affecting trucking.
Rankings
Rank Company Revenue (000)
1 Prime Inc. 1,627,899
2 C.R. England 1,397,626
3 KLLM Transport Services 910,000
4 Stevens Transport 671,110
5 Marten Transport 398,361
6 Swift Refrigerated 380,251
7 John Christner Trucking 244,718
8 Shaffer Trucking 207,000
est
9 May Trucking 200,619
10 Covenant Logistics Group 195,545
11 Navajo Express Inc. 175,000
12 CanXpress 150,343
13 Black Horse Carriers 135,000
14 J&R Schugel Trucking 122,000
est
15 MCT Transportation 111,506
16 WEL Cos. 109,000
17 National Carriers 105,000
18 Freymiller Inc. 93,000
est
19 Day & Ross 72,513
20 Bay & Bay Transportation 70,269
21 Continental Express 69,000
est
22 Celadon Group Inc. 56,518
23 Forward Air 42,373
24 Interstate Distributor Co. 39,000
25 Roehl Refrigerated Transport 35,928
26 TWT Refrigerated 33,075
27 Koch Cos. 30,000
28 Maverick USA 29,277
29 CRST The Transportation Solution 28,873
Extras
North America’s for-hire carriers face an onslaught of regulations and potential disruption from technologies.
104

On the Bubble

Wilson Trucking Corp. is a less-than-truckload carrier based in Fishersville, Virginia.
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For-Hire News
Business, Equipment, For-Hire

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
Business, Technology, Logistics, For-Hire

Social Media Platforms Open Fleets to Newer Recruiting Pool

Fleets are looking more to social media platforms to increase brand awareness, reach new customers and, increasingly, find new employees.

Amanda Smith | Special to Transport Topics
February 16, 2024
Government, Business, For-Hire

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.

Keiron Greenhalgh | Staff Reporter
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
Business, Logistics, For-Hire

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 and Multimedia
February 8, 2024
Business, For-Hire

ArcBest Reports 31% Earnings Gain Despite Revenue Drop

ArcBest Corp. experienced a 30.7% increase in earnings despite a decline in revenue during the fourth quarter of 2023, the company reported Feb. 6.

Connor D. Wolf | Staff Reporter
February 7, 2024
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