XPO posted an increase in revenue but a dip in profit during the third quarter amid a challenging freight environment, the company said Oct 30.
October 30, 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 Tank Truck/Bulk Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | Kenan Advantage Group | 1,378,770 |
2 | Quality Carriers | 798,000 |
3 | Trimac Transportation Services | 756,000 |
4 | Foodliner/Quest Liner | 245,152 |
5 | Superior Bulk Logistics | 244,800 |
6 | Groendyke Transport | 221,329 |
7 | Schneider | 215,900 est |
8 | Quantix Supply Chain Solutions | 211,000 |
9 | Ruan | 202,551 |
10 | Dupré Logistics | 201,803 |
11 | Transwood Carriers Inc. | 189,300 |
12 | Western Dairy Transport | 160,377 |
13 | Martin Transport Inc. | 151,448 |
14 | Eagle Transport Corp. | 131,117 |
15 | Tankstar USA Inc. | 125,613 |
16 | Florida Rock & Tank Lines | 122,882 |
17 | Dillon Transport Inc. | 114,000 |
18 | Mission Petroleum Carriers | 113,150 |
19 | United Petroleum Carriers | 108,907 |
20 | Slay Transportation Co. | 104,521 |
21 | Miller Transporters | 104,129 |
22 | CCC Transportation/ CTL Transportation | 97,190 |
23 | Linden Bulk Transportation | 83,868 |
24 | J&M Tank Lines Inc. | 71,983 |
25 | Genox Transportation Inc. | 69,701 |
26 | Schilli Corp. | 66,000 |
27 | CLI Transport | 63,743 |
28 | Service Transport Co. | 63,331 |
29 | Apex Logistics | 61,641 |
30 | Tidewater Transit Co. | 58,000 |
31 | Bay & Bay Transportation | 21,232 |
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
XPO Reports Revenue Increase Despite Tough Conditions
Universal Reports Revenue Decline Amid Q3 Headwinds
Universal Logistics Holdings experienced an overall decrease in revenue, with each segment facing year-over-year declines for the third quarter of 2023, the company reported Oct 26.
Ryder Reports Slight Revenue Decline for Q3
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.
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.
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.
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.
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.
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.
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.
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.