Covenant Logistics Group Inc. saw revenue and earnings improvements during the first quarter of 2022, the company reported April 27.
April 28, 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 Tank Truck/Bulk Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | Kenan Advantage Group | 1,333,736 |
| 2 | Quality Carriers | 758,000 |
| 3 | Trimac Transportation Services | 625,000 |
| 4 | Prime Inc. | 319,928 |
| 5 | Foodliner/Quest Liner | 252,275 |
| 6 | Superior Bulk Logistics | 233,900 |
| 7 | Quantix Supply Chain Solutions | 229,258 |
| 8 | Groendyke Transport | 206,693 |
| 9 | Ruan | 179,940 |
| 10 | Eagle Transport Corp. | 132,000 |
| 11 | Tankstar USA Inc. | 126,887 |
| 12 | Florida Rock & Tank Lines | 120,172 |
| 13 | Martin Transport Inc. | 119,306 |
| 14 | Miller Transporters | 107,149 |
| 15 | Dupré Logistics | 106,032 |
| 16 | Mission Petroleum Carriers | 93,560 |
| 17 | Slay Transportation Co. | 91,500 |
| 18 | CCC Transportation/ CTL Transportation | 84,419 |
| 19 | Genox Transportation Inc. | 71,365 |
| 20 | CLI Transport | 63,613 |
| 21 | Apex Logistics | 61,000 |
| 22 | Tidewater Transit Co. | 53,904 |
| 23 | Transportes Auto Tanques Ochoa | 53,200 |
| 24 | Service Transport Co. | 52,340 |
| 25 | NFI | 35,000 |
Extras
About Us: Transport Topics' Top 100 For-Hire Carriers
106
On the Bubble
Groendyke Transport
($206 million), Founded in 1932 by Harold Groendyke and now headed by his son John Groendyke, this family-owned carrier based in Enid, Okla., operates a fleet of 913 company-owned tractors and 1,693 tank truck trailers.
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For-Hire News
Business, For-Hire
Covenant Logistics Posts $291.6 Million in Revenue for Q1
Business, For-Hire
Old Dominion Freight Line Reports Record Revenue for Q1
Old Dominion Freight Line’s revenue reached a record during the first quarter, the company announced April 27.
April 27, 2022Business, Logistics, For-Hire
UPS Reports Strong Q1 Earnings Amid Lower Package Volume
UPS Inc. reported first-quarter earnings that exceeded Wall Street expectations, saying its quarterly income increased to $3.3 billion compared with $2.77 billion in the first quarter of 2021.
April 26, 2022Business, For-Hire
Does Your Business Belong on Our List of Top 100 For-Hire Carriers?
Think your company deserves a spot on our prestigious 2022 For-Hire Carriers rankings? Or perhaps on one of our sector lists? Fill out our survey so you can be included!
April 25, 2022Business, Technology, Logistics, For-Hire
Ryder Opens Third E-Commerce Distribution Center in Columbus Market
Ryder System Inc. opened its third multiclient omnichannel distribution center in Columbus, Ohio, the company announced April 25.
April 25, 2022Business, For-Hire
Penske Truck Leasing Expands in Washington State
Penske Truck Leasing announced it opened a new facility in Everett, Wash., that offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance.
April 22, 2022Business, Logistics, For-Hire
Mullen Reports Q1 Revenue, Profit Growth
Mullen Group Ltd. reported double-digit increases in profit and revenue for the first quarter but warned that the motor carrier was concerned about surging inflation and higher fuel expenses.
April 21, 2022Business, For-Hire
Landstar Reports Record Revenue, Earnings for Q1
Landstar System Inc. saw revenue and earnings reach a new record during the first quarter, the company reported April 20.
April 21, 2022Business, Logistics, For-Hire
Knight-Swift Reports $1.8 Billion Revenue for Q1
Knight-Swift Transportation Holdings Inc. posted revenue and earnings growth during the first quarter, the company reported April 20.
April 21, 2022Business, Logistics, For-Hire
J.B. Hunt Reports Jump in Revenue for Q1
J.B. Hunt Transport Services Inc. experienced a 33% increase in revenue year-over-year for the first quarter of 2022, the company reported April 18.
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