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.
July 31, 2023
2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
Fleets have been overcoming unprecedented challenges to keep essential freight moving during the pandemic.
See the locations of the headquarters for each of the Top 100 for-hire carriers in North America.
COVID-19 has transformed 2020 into a tumultuous year for trucking, but the Top 100 list remains stable, at least for now.
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. | 2,006,924 |
| 2 | KLLM Transport Services | 936,000 |
| 3 | C.R. England | 897,868 |
| 4 | Swift Refrigerated | 755,000 est |
| 5 | Stevens Transport | 737,294 |
| 6 | Hirschbach Motor Lines | 440,862 |
| 7 | Marten Transport | 378,000 |
| 8 | John Christner Trucking | 338,873 |
| 9 | TransAm Trucking | 297,000 est |
| 10 | Black Horse Carriers | 280,500 |
| 11 | FFE Transportation Services | 275,000 |
| 12 | Shaffer Trucking | 266,000 est |
| 13 | Navajo Express | 243,000 est |
| 14 | Bay & Bay Transportation | 150,752 |
| 15 | Frialsa Logistica | 143,200 est |
| 16 | NFI | 126,000 |
| 17 | Pride Transport | 122,000 |
| 18 | WEL Cos. | 120,284 |
| 19 | J&R Schugel Trucking | 119,000 est |
| 20 | Day & Ross | 118,837 |
| 21 | National Carriers | 108,500 |
| 22 | Decker Truck Line | 106,206 est |
| 23 | Covenant Logistics Group | 98,272 est |
| 24 | Freymiller Inc. | 98,000 est |
| 25 | Roadrunner Freight | 96,692 est |
| 26 | Schuster Co. | 83,200 est |
| 27 | Raider Express | 80,000 |
| 28 | Wilson Logistics | 75,000 |
| 29 | Continental Express | 71,500 |
| 30 | Great Plains Transport | 64,302 |
| 31 | Roehl Refrigerated Transport | 59,078 |
| 32 | Canada Cartage System | 53,580 |
| 33 | Denney Transport | 46,401 est |
| 34 | CRST The Transportation Solution | 38,000 |
| 35 | Transportes Garza Leal | 34,500 |
| 36 | Cowan Systems | 32,590 |
| 37 | Halvor Lines | 28,100 |
| 38 | May Trucking | 26,304 |
| 39 | TWT Refrigerated | 20,000 |
| 40 | Sorenson Transport | 12,474 |
| 41 | Centurion Trucking | 9,107 |
| 42 | Alabama Motor Express | 8,000 |
Extras
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
108
On the Bubble
Navajo Express
($243 million), is a refrigerated and truckload carrier based in Denver.
Learn more about Transport Topics' Top 100 For-Hire Companies publication.
COVID-19 has created significant financial challenges for many trucking and logistics companies.
Fleets are emphasizing cleaning and physical distancing at loading docks to help protect drivers from COVID-19.
Drivers have been more isolated than usual during the pandemic due to social distancing measures.
Market uncertainty due to COVID-19 has depressed demand for new trucking equipment.
Small trucking companies such as Boyle Transportation are playing a direct role in the response to COVID-19.
Industry experts explain how this public health crisis might change freight transportation in the years ahead.
For-Hire News
Business, Logistics, For-Hire
Old Dominion Freight Line Q2 Profit Falls 22.3% Year-On-Year
Business, Logistics, For-Hire
ArcBest Q2 Profit More Than Halves on Weak Demand
ArcBest posted lower earnings and revenue on weaker demand for the second quarter, the Fort Smith, Ark.-based carrier announced July 28.
July 31, 2023Business, Logistics, For-Hire
Yellow Ceases Operations
Less-than-truckload company Yellow shut down operations, ending a nearly 100-year history as one of the nation’s largest carriers, and the company began posting notices at terminals.
July 30, 2023Business, Logistics, For-Hire
Yellow Puts Logistics Division Up for Sale
Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business.
July 28, 2023Business, Equipment, Logistics, For-Hire
Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge
Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.
July 27, 2023Business, Logistics, For-Hire
Landstar Records Q2 Earnings Drop but Beats Expectations
Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.
July 27, 2023Government, Business, For-Hire
Yellow Says Discussions With Teamsters Ongoing
Less-than-truckload carrier Yellow Corp. said it continues to negotiate with union leaders as the future of the company, which has been in operation for nearly 100 years, may be in jeopardy.
July 26, 2023Business, Logistics, Breaking News, For-Hire
UPS, Teamsters Reach Agreement on New Contract
UPS and the Teamsters have reached a tentative five-year collective bargaining agreement that covers more than 340,000 workers, the company and the union announced in separate statements.
July 25, 2023Business, Logistics, For-Hire
FedEx Pilots Reject Proposed Multiyear Contract
Union pilots who fly for FedEx announced on July 24 the rejection of a proposed multiyear contract from the company, with 57% of members voting against the deal.
July 24, 2023Business, Logistics, For-Hire, TCA
Companies That Ship With UPS Develop Contingencies
Some large retailers and other companies across the country are warning customers of potential delivery delays if there is a UPS strike.
July 24, 2023Archives
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