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.
October 26, 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 Truckload/Dedicated Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | Swift Truckload | 3,019,295 |
2 | Schneider | 2,090,953 |
3 | J.B. Hunt Transport Services | 1,920,950 |
4 | Landstar System | 1,900,406 |
5 | Werner Enterprises | 1,533,981 |
6 | Penske Logistics | 1,500,000 |
7 | U.S. Xpress Enterprises | 1,320,000 |
8 | TFI International | 1,231,714 |
9 | Ryder Dedicated Transportation Solutions | 1,020,895 |
10 | Cardinal Logistics | 935,000 |
11 | CRST The Transportation Solution | 905,000 |
12 | Knight-Swift Transportation | 900,368 |
13 | Celadon Trucking Services | 850,000 |
14 | Crete Carrier Corp. | 780,000 |
15 | Universal Truckload | 629,200 |
16 | Heartland Express | 612,937 |
17 | Ruan | 524,127 |
18 | Mullen Group | 520,272 |
19 | Canada Cartage System | 452,728 |
20 | P.A.M. Transport | 432,852 |
21 | Mesilla Valley Transportation | 402,940 |
22 | Covenant Logistics Group | 375,564 |
23 | Interstate Distributor Co. | 370,168 |
24 | Dart Transit Co. | 349,031 |
25 | Black Horse Carriers | 337,500 |
26 | Western Express | 315,095 |
27 | NFI | 315,000 |
28 | Bison Transport | 304,782 |
29 | USA Truck (DB Schenker) | 295,807 |
30 | Cowan Systems | 258,761 |
31 | Challenger Motor Freight | 258,006 |
32 | Hub Group Dedicated | 250,000 |
33 | Martin Transportation Systems | 237,500 |
34 | Paschall Truck Lines | 232,896 |
35 | Epes Carriers Inc. | 216,652 |
36 | Roehl Transport | 207,048 |
37 | Southeastern Freight Lines | 206,673 |
38 | Auto Lineas America | 169,600 |
39 | Brown Trucking Co. | 168,218 |
40 | Forward Air | 164,300 |
41 | Marten Transport | 157,370 |
42 | Anderson Trucking Service | 156,577 |
43 | Transportistas Unidos Mexicano | 141,000 |
44 | Transportadora Nacional | 136,100 |
45 | Stan Koch & Sons Trucking | 132,440 |
46 | Transportes Cuauhtemoc | 127,200 |
47 | Trans-Mex Inc. | 111,000 |
48 | Day & Ross Freight | 100,433 |
49 | A.D. Transport Express | 100,000 |
50 | CalArk | 99,434 |
51 | Auto Lineas Regiomontanas | 97,600 |
52 | Titanium Transportation Group | 91,258 |
53 | Raven Transport | 89,000 |
54 | TransX Group of Companies | 88,972 |
55 | Titan Transfer | 87,808 |
56 | Grupo TMM / Lacto Comercial Organizada | 85,800 |
57 | Abilene Motor Express | 85,350 |
58 | Mercer Transportation Co. | 83,178 |
59 | J. Rayl Transport | 76,408 |
60 | System Freight | 76,407 |
61 | SLH Transport | 71,003 |
62 | Express Tres Fronteras | 71,000 |
63 | Transportes Quintanilla | 65,100 |
64 | Central de Fletes Monterrey / Transportes Gonzalez (Grupo MG) | 64,100 |
65 | Transportadora Egoba | 62,100 |
66 | Transportes Especializados Antonio de la Torre e Hijos | 61,200 |
67 | Freight Exchange | 60,000 |
68 | Transportes de Nuevo Laredo | 58,200 |
69 | Star Transportation | 53,652 |
70 | Transportes Lar-Mex | 53,300 |
71 | Fletes Internacionales Coss | 51,300 |
72 | Evans Delivery | 50,500 |
73 | Dupré Logistics | 47,677 |
74 | Transportes Lopez e Hijos | 43,400 |
75 | TRACOMEX | 42,400 |
76 | Transportes Elola | 39,400 |
77 | Transportes Internacionales JCV | 38,400 |
78 | Ryder Capital | 37,000 |
79 | Transportes Canales | 36,500 |
80 | Centauros del Sureste | 31,700 |
81 | Transportes Unidos Tampiquenos | 31,600 |
82 | Autotransportes Rapidos de Aguascalientes | 31,400 |
83 | Grupo GOR | 31,200 |
84 | Transportes Sultana | 29,500 |
85 | Autotransportes Dasa | 28,600 |
86 | Shevell Group | 20,000 |
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
Ryder Reports Slight Revenue Decline for Q3
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.
Mullen Group Reports Mixed Q3 Results
Mullen Group posted an increase in earnings despite a decline in overall revenue during the third quarter, the company reported Oct. 19.
Marten Revenue Nears $280 Million Amid Tough Q3 Market
Marten Transport experienced a decline in revenue and earnings amid tough market conditions during the third quarter, the company reported Oct 18.