Less-than-truckload carrier Yellow Corp.'s ceasing of operations on July 30 after nearly 100 years in business is causing an upheaval for both its customers and the broader LTL market.
August 3, 2023Top 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 | Prime Inc. | 1,623,776 |
2 | C.R. England | 1,405,411 |
3 | KLLM Transport Services | 959,000 |
4 | Stevens Transport | 694,980 |
5 | Swift Refrigerated | 539,307 est |
6 | Marten Transport | 380,210 |
7 | TransAm Trucking | 280,000 est |
8 | Hirschbach Motor Lines | 278,494 |
9 | Navajo Express | 238,000 est |
10 | Shaffer Trucking | 220,000 |
11 | John Christner Trucking | 214,017 |
12 | May Trucking | 203,337 |
13 | Black Horse Carriers | 185,000 |
14 | Covenant Logistics Group | 162,150 |
15 | Roadrunner Freight | 156,000 |
16 | NFI | 153,300 |
17 | Frialsa Logistica | 135,600 |
18 | CanXpress | 120,507 |
19 | J&R Schugel Trucking | 119,000 est |
20 | Decker Truck Line | 106,206 |
21 | WEL Cos. | 106,042 |
22 | National Carriers | 102,000 |
23 | Bay & Bay Transportation | 101,000 |
24 | Freymiller Inc. | 84,000 est |
25 | MCT Transportation | 76,337 |
26 | Day & Ross | 75,561 |
27 | Roehl Refrigerated Transport | 49,311 |
28 | Cowan Systems | 39,119 |
29 | Maverick USA | 35,207 |
30 | Transportes Garza Leal | 32,700 |
31 | CRST The Transportation Solution | 30,000 |
32 | TWT Refrigerated | 30,000 |
33 | Challenger Motor Freight | 14,008 |
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.
Extras
On the Bubble
Yellow Closure Reshuffles LTL Sector
Schneider Sees Drop in Q2 Earnings
Schneider National on Aug. 3 announced that both income and revenue fell during the second quarter.
Schneider Acquires M&M Transport
Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.
TFI Q2 Profit Dips by More Than 50% on Lower Freight Volumes
Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.
Nikola Begins Production of Hydrogen Fuel Cell Class 8 Truck
Nikola began production of the Tre hydrogen fuel cell electric truck July 31 at its Coolidge, Ariz., factory, the company said.
Yellow Reportedly Working on Loan From Apollo
Creditors led by Apollo Global Management Inc. are nearing a deal to provide Yellow Corp. with fresh cash during a coming bankruptcy, according to people with knowledge of the matter.
August 1, 2023UPS-Teamsters Contract Takes Step Forward
Local union leaders voted in favor of a tentative labor agreement that UPS and the Teamsters reached July 25, an important step toward finalizing a deal that covers about 340,000 workers.
Saia Reports Lower Q2 Profit, Revenue
Saia Inc. posted net income of $91.3 million in the second quarter of 2023, compared with $109.2 million in the same period a year earlier, the less-than-truckload carrier said.
Georgia Distribution Center to Team NFI, Bradshaw Home
Georgia officials announced plans to open a new East Coast distribution center in Effingham County to bring Bradshaw Home’s products to customers faster through a partnership with NFI.
Old Dominion Freight Line Q2 Profit Falls 22.3% Year-On-Year
Old Dominion Freight Line Inc. profits fell 22.3% year-over-year to $292.4 million in the second quarter of 2023 from $376.1 million in the year-ago period, it said.