Covenant Logistics Group Inc. saw a 35% year-over-year decline in earnings amid marginal revenue improvements during the fourth quarter of 2022, the company reported Jan. 25.
January 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 Tank Truck/Bulk Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | Kenan Advantage Group | 1,316,403 |
| 2 | Quality Carriers | 786,000 est |
| 3 | Trimac Transportation Services | 514,997 |
| 4 | Foodliner/Quest Liner | 277,471 |
| 5 | Quantix Supply Chain Solutions | 259,370 |
| 6 | Superior Bulk Logistics | 252,300 |
| 7 | Groendyke Transport | 224,000 |
| 8 | Ruan | 178,881 |
| 9 | Miller Transporters | 117,625 |
| 10 | Dupré Logistics | 115,938 |
| 11 | Florida Rock & Tank Lines | 112,165 |
| 12 | Apex Logistics | 84,786 |
| 13 | Mission Petroleum Carriers | 79,951 |
| 14 | CCC Transportation/ CTL Transportation | 72,784 |
| 15 | Prime Inc. | 67,501 |
| 16 | J&M Tank Lines Inc. | 66,261 |
| 17 | CLI Transport | 64,563 |
| 18 | Transportes Auto Tanques Ochoa | 56,800 |
| 19 | Service Transport Co. | 53,358 |
| 20 | Herman R. Ewell Inc. | 52,934 |
| 21 | Schilli Corp. | 51,957 |
| 22 | Liquid Trucking Cos. | 39,757 |
| 23 | NFI | 36,300 |
| 24 | Sprint Transport | 26,630 |
| 25 | K-Limited Carrier | 23,040 |
| 26 | Bulk Service Transport | 20,000 |
Extras
Learn more about Transport Topics' Top 100 For-Hire Carriers
102
On the Bubble
Navajo Express
($238 million), is a refrigerated truckload carrier based in Denver.
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, For-Hire
Covenant Sees Year-End Slowdown
Business, Logistics, For-Hire
Marten Transport Reports 16th Consecutive Profitable Quarter
Marten Transport reported higher fourth-quarter earnings, marking its 16th consecutive year-over-year increase.
January 25, 2023Business, Technology, Equipment, Autonomous, For-Hire
Former USA Truck CEO James Reed Joins Kodiak
Former USA Truck CEO James Reed has joined autonomous truck technology company Kodiak Robotics, the company announced Jan. 19.
January 23, 2023Business, Equipment, For-Hire
Wabash Inks Long-Term Agreements With Key Carrier, Supplier
Wabash announced two long-term agreements, one with a carrier to create an extended backlog and one with a supplier to enhance supply surety.
January 20, 2023Business, Logistics, For-Hire
Roadrunner Notches Gains in Transit Times
Roadrunner implemented another round of transit time improvements across its network as part of an ongoing, multiyear process to improve business operations, the company announced Jan. 5
January 9, 2023Business, For-Hire, Global Freight
FedEx Profit Tops Estimates as Higher Prices Offset Decline in Shipments
FedEx Corp. on Dec. 20 reported fiscal-year, second-quarter income that beat Wall Street expectations and revenue that fell below expectations.
December 21, 2022Business, Logistics, For-Hire
Ryder Plans New Multiclient Distribution Center Near Chicago
Ryder System Inc. will open its 10th multiclient distribution center in the greater Chicago area, the company announced Dec. 14.
December 16, 2022Business, Technology, Equipment, Fuel, For-Hire, Private
Last-Mile Focuses on Sustainable Shipping
The trucking industry has increased its focus on sustainability this year, mostly geared toward last-mile operations.
December 8, 2022Business, Logistics, For-Hire
Daseke Founder Sells Shares Amid Board Retirement
Daseke Inc. founder Don Daseke will sell his holdings in the company and step down from its board of directors, the company announced Nov. 14.
November 15, 2022Business, Equipment, Fuel, Logistics, For-Hire
J.B. Hunt Plans Carbon Emission Intensity Reduction of 32% by 2034
J.B. Hunt Transport Services Inc. set a new goal to reduce its carbon emission intensity 32% by 2034, the company announced Nov. 14.
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