2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.
The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.
Find out where the Top 100 For-Hire Carriers are based.
Rankings
Rank Company Revenue (000)
1 Kenan Advantage Group 1,903,700
2 Quality Carriers 850,000
3 Trimac Transportation Services 600,000
est
4 Heniff Transportation Systems 562,000
est
5 Foodliner/Quest Liner 437,100
6 Roehl Transport 298,000
7 Quantix Supply Chain Solutions 275,100
8 Groendyke Transport 273,125
est
9 Evans Delivery 140,000
10 Martin Transport Inc. 111,600
11 Dupré Logistics 109,200
12 Prime Inc. 96,700
13 Apex Logistics 81,800
14 Andrews Logistics 69,463
est
15 J&M Tank Lines 64,241
est
16 NFI 37,000
17 Cardinal Logistics 35,000
18 Wynne Transport Services 29,700
19 Canada Cartage System 28,000
20 PGT Trucking 22,523
est
21 Bulk Service Transport 20,000
Extras
Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.
For-Hire News
Business, Logistics, For-Hire

UPS to Raise Average Prices by 5.9%

UPS Inc. will raise prices 5.9%, to take effect on Dec. 26.

Thomas Black | Bloomberg News
September 8, 2023
Government, Business, Technology, Autonomous, For-Hire

FAA Clears UPS Drones for Longer Flights

Two more companies including UPS have been granted approval to fly drones beyond the sight of ground operators in a key step that could eventually enable widespread package delivery.

Alan Levin | Bloomberg News
September 6, 2023
Business, Equipment, For-Hire

Trimac Acquires Two More Carriers, Continues to Shop

Trimac Transportation Ltd. has purchased two North American bulk haulage carriers in the past few weeks, and has plans to accelerate its ongoing buying spree.

Keiron Greenhalgh | Staff Reporter
September 1, 2023
Business, Logistics, For-Hire

UPS Offers Buyouts to 167 Pilots as Air Cargo Slumps

UPS Inc. is offering a voluntary severance package for 167 pilots amid a slump in air freight volume.

Thomas Black | Bloomberg News
August 31, 2023
Government, Business, Equipment, For-Hire

Used Truck Market Can Likely Handle Yellow Liquidation

Used trucks and trailers owned by bankrupt Yellow Corp. are set to come up for auction in unprecedented numbers, but the market can handle it, say observers.

Keiron Greenhalgh | Staff Reporter
August 31, 2023
Government, Business, Equipment, Safety, For-Hire

Flatbed and Cargo Safety Depends on Securement

Making sure flatbed cargo is secured for transit goes beyond meeting applicable regulations, which cannot cover every contingency, experts contend.

Stephen Bennett | Special to Transport Topics
August 28, 2023
Business, For-Hire

Yellow’s Terminals: Analysts Expect More Bids

Analysts are expecting more players to take part in an upcoming auction for the 169 terminals owned by Yellow Corp. beyond those who already have raised their hands.

Keiron Greenhalgh | Staff Reporter
August 24, 2023
Business, Logistics, For-Hire

Yellow’s Shutdown Opens Up LTL Market for Competitors

The Yellow Corp. shutdown is having a downstream effect on the less-than-truckload space as freight volumes flow toward competitors.

Connor D. Wolf | Staff Reporter
August 24, 2023
Business, Logistics, For-Hire

Private Equity Firm H.I.G. Buys 3PL Ascent Global Logistics

A unit of H.I.G. Capital is to acquire third-party logistics provider Ascent Global Logistics for an undisclosed sum, the Miami-based private equity group said Aug. 22.

Keiron Greenhalgh | Staff Reporter
August 23, 2023
Business, Breaking News, For-Hire

UPS Workers Approve New Union Contract

The 340,000 employees of UPS Inc. represented by the International Brotherhood of Teamsters have approved a new five-year labor pact with the company.

Dan Ronan | Senior Reporter
August 22, 2023
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