Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.
October 26, 2023Sponsored by:
2018 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
Here’s what North America’s top fleets are doing to get employees of all levels involved in the process of innovation.
In which regions of the country are the 2018 Top 100 For-Hire Carriers concentrated? Check out our interactive map.
Our experts discuss just how intensely for-hire carriers are embracing technology and innovation in a competitive environment.
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 | 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 |
Extras
Learn more about Transport Topics' Top 100 For-Hire Carriers
109
On the Bubble
Dupré Logistics
($219 million), is a tank truck and dedicated contract carrier based in Lafayette, La.
If your company appears on the 2018 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
LTL carriers are adapting and expanding services to capitalize on favorable long-term trends, such as the growth of e-commerce.
Two dozen pioneering executives in the less-than-truckload freight industry came together to reflect on accomplishments.
Carriers and logistics providers are stepping into the final-mile sector to help retailers meet rising delivery expectations.
For-Hire News
Business, Logistics, For-Hire
Ryder Reports Slight Revenue Decline for Q3
Business, Technology, Safety, For-Hire
Estes Express IT System Fully Restored, COO Says
Estes Express Lines’ information technology systems are “completely restored” after a cyberattack earlier in October, according to Chief Operating Officer Webb Estes.
October 26, 2023Business, For-Hire
UPS Reports Lower Earnings on Labor Deal Costs
UPS Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.
October 26, 2023Business, Logistics, For-Hire
TFI Third-Quarter Profit Dives 45.6% on Weak Freight Market
TFI International profits in the third quarter slumped 45.6% year-over-year, with the Canadian company primarily citing weaker market conditions, especially in the truckload market.
October 24, 2023Logistics, For-Hire
Ryder to Buy Impact Fulfillment Services
Ryder System Inc. is to buy IFS Holdings, also known as Impact Fulfillment Services (IFS), for an undisclosed sum, the Miami-based company said Oct. 23.
October 24, 2023Business, Technology, Equipment, Safety, For-Hire
Fleets Learn to Utilize In-Cab Technology
Some fleet operators are finding the right balance between software use and customization to map better routes, save money and simplify a wide array of functions.
October 23, 2023Business, For-Hire
Roadrunner Offers Free LTL Delivery on Late Shipments
Roadrunner is now offering free less-than-truckload freight delivery if the shipment does not arrive on the promised date, it said.
October 23, 2023Business, For-Hire
Knight-Swift Reports 69% Earnings Drop in Q3
Knight-Swift Transportation Holdings Inc. on Oct. 19 reported that its third-quarter earnings dropped by 69% year-over-year, even as revenue increased.
October 20, 2023Business, For-Hire
Mullen Group Reports Mixed Q3 Results
Mullen Group posted an increase in earnings despite a decline in overall revenue during the third quarter, the company reported Oct. 19.
October 19, 2023Business, Logistics, For-Hire
Marten Revenue Nears $280 Million Amid Tough Q3 Market
Marten Transport experienced a decline in revenue and earnings amid tough market conditions during the third quarter, the company reported Oct 18.
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