UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 2022Sponsored by:
2017 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
The nation’s top for-hire carriers are taking steps to shore up capacity in anticipation of increasing demand for freight hauling and a tighter market for drivers.
Find out what carriers are doing to prepare for what looks like increased demand for freight hauling this year and next.
Rankings
Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Refrigerated (Truckload & LTL) Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | Celadon Group Inc. | 30,000 |
| 2 | Transportes Garza Leal | 30,600 |
| 3 | CRST The Transportation Solution | 31,000 |
| 4 | Maverick USA | 33,495 |
| 5 | TWT Refrigerated | 35,300 |
| 6 | Roehl Refrigerated Transport | 36,213 |
| 7 | Cowan Systems | 38,881 |
| 8 | Day & Ross | 62,450 |
| 9 | Bay & Bay Transportation | 74,808 |
| 10 | Continental Express | 80,000 |
| 11 | Freymiller Inc. | 84,000 |
| 12 | MCT Transportation | 84,018 |
| 13 | Decker Truck Line | 104,000 |
| 14 | WEL Cos. | 106,250 |
| 15 | National Carriers | 108,000 |
| 16 | J&R Schugel Trucking | 114,000 |
| 17 | NFI | 122,000 |
| 18 | CanXpress | 122,867 |
| 19 | Frialsa Logistica | 127,100 |
| 20 | Covenant Logistics Group | 167,662 |
| 21 | Roadrunner Freight | 171,000 |
| 22 | May Trucking | 199,601 |
| 23 | Shaffer Trucking | 210,000 |
| 24 | John Christner Trucking | 236,625 |
| 25 | Hirschbach Motor Lines | 251,697 |
| 26 | TransAm Trucking | 270,000 |
| 27 | Swift Refrigerated | 341,280 |
| 28 | Marten Transport | 375,851 |
| 29 | Stevens Transport | 662,450 |
| 30 | KLLM Transport Services | 937,000 |
| 31 | Prime Inc. | 1,060,815 |
| 32 | C.R. England | 1,304,898 |
Extras
About Us: Transport Topics' Top 100 For-Hire Carriers
107
On the Bubble
National Carriers Inc.
($205 million), Based in Liberal, Kan., National Carriers provides nationwide truckload service for refrigerated cargoes, mostly meat, with a combination of company-owned tractors and equipment provided by owner-operators. The company also provides lifestock hauling and spotting services.
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For-Hire News
Business, Logistics, For-Hire
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
Business, For-Hire
Covenant Logistics Reaches $317M Revenue by Overcoming Q2 Headwinds
Covenant Logistics Group Inc. reported second-quarter revenue and earnings growth July 25, despite market headwinds.
July 26, 2022Business, Technology, Autonomous, For-Hire
10 Roads Express Launches Autonomous Route Using Kodiak Tech
The 10 Roads Express company launched an autonomous truck route in partnership with Kodiak Robotics, a driverless trucking company, they announced July 26.
July 26, 2022Business, For-Hire
FedEx Reduces US Sunday Deliveries in Some Rural Areas
FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.
July 22, 2022Business, Logistics, For-Hire, Top 100
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
July 21, 2022Business, Technology, Logistics, For-Hire
J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
July 20, 2022Business, Logistics, For-Hire
J.B. Hunt Reports Q2 Revenue Jump to $3.84 Billion
J.B. Hunt Transport Services Inc. on July 19 posted earnings and revenue growth for the second quarter that was driven by strong segment results.
July 20, 2022Business, Logistics, For-Hire, Top 100
Marten Reports Record-Breaking Results for Q2
Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.
July 19, 2022Business, Logistics, For-Hire
UPS Expands Cargo Services in India to Seize Airfreight Boom
UPS Inc. opened a second airport cargo-handling facility in India to capture soaring pandemic-driven demand for airfreight.
July 19, 2022Business, Logistics, For-Hire, Top 100
Trucking Faces Pressure to Prepare for Holidays Early
Supply chain pressures are forcing trucking to get an early start to the holiday shipping season despite a shift of underlying conditions within the industry.
July 18, 2022Archives
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