Knight-Swift Transportation Holdings Inc. on Oct. 19 reported that its third-quarter earnings dropped by 69% year-over-year, even as revenue increased.
October 20, 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 | Knight-Swift Transportation | 3,636,472 est |
2 | Schneider | 2,187,400 |
3 | Landstar System | 2,163,832 |
4 | J.B. Hunt Transport Services | 2,096,920 |
5 | TFI International | 1,797,453 |
6 | Penske Logistics | 1,700,000 |
7 | Werner Enterprises | 1,635,244 |
8 | U.S. Xpress Enterprises | 1,400,000 |
9 | Ryder Dedicated Transportation Solutions | 1,096,000 |
10 | CRST The Transportation Solution | 945,000 |
11 | Crete Carrier Corp. | 850,000 |
12 | Hub Group Dedicated | 822,410 |
13 | Cardinal Logistics | 720,000 |
14 | Mullen Group | 627,372 |
15 | Heartland Express | 607,336 |
16 | Ruan | 590,968 |
17 | Canada Cartage System | 546,309 |
18 | Covenant Logistics Group | 437,100 |
19 | Mesilla Valley Transportation | 430,261 |
20 | Universal Truckload | 396,419 |
21 | P.A.M. Transport | 377,854 |
22 | Dart Transit Co. | 367,214 |
23 | Western Express | 330,000 |
24 | Bison Transport | 327,847 |
25 | NFI | 311,300 |
26 | USA Truck (DB Schenker) | 302,052 |
27 | Cowan Systems | 266,683 |
28 | Martin Transportation Systems | 261,403 |
29 | Challenger Motor Freight | 258,734 |
30 | Paschall Truck Lines | 238,523 |
31 | Epes Carriers Inc. | 230,767 |
32 | Day & Ross Freight | 228,264 |
33 | Black Horse Carriers | 227,500 |
34 | Evans Delivery | 226,000 |
35 | Roehl Transport | 214,209 |
36 | Southeastern Freight Lines | 209,096 |
37 | Auto Lineas America | 181,000 |
38 | Averitt Express | 180,248 |
39 | Forward Air | 171,970 |
40 | Marten Transport | 166,881 |
41 | Anderson Trucking Service | 163,891 |
42 | Brown Trucking Co. | 160,000 |
43 | Transportistas Unidos Mexicano | 150,400 |
44 | Transportadora Nacional | 145,200 |
45 | Stan Koch & Sons Trucking | 137,234 |
46 | Transportes Cuauhtemoc | 135,700 |
47 | Wilson Logistics | 135,447 |
48 | Pitt Ohio Transportation Group | 126,788 |
49 | A.D. Transport Express | 120,000 |
50 | Trans-Mex Inc. | 118,400 |
51 | Artur Express | 110,000 |
52 | Titanium Transportation Group | 106,790 |
53 | Auto Lineas Regiomontanas | 104,100 |
54 | Kriska Transportation | 102,625 |
55 | G&D Integrated | 101,300 |
56 | Mercer Transportation Co. | 96,562 |
57 | CalArk | 93,657 |
58 | Grupo TMM / Lacto Comercial Organizada | 91,500 |
59 | Titan Transfer | 82,262 |
60 | System Freight | 82,227 |
61 | Legend Transportation | 82,000 |
62 | Express Tres Fronteras | 75,800 |
63 | TransX Group of Companies | 74,797 |
64 | Transportes Quintanilla | 69,500 |
65 | Central de Fletes Monterrey / Transportes Gonzalez (Grupo MG) | 68,400 |
66 | Transportadora Egoba | 66,300 |
67 | Transportes Especializados Antonio de la Torre e Hijos | 65,300 |
68 | Transportes de Nuevo Laredo | 62,100 |
69 | Fleetmaster Express | 61,000 |
70 | Transportes Lar-Mex | 56,900 |
71 | Dupré Logistics | 55,542 |
72 | Fletes Internacionales Coss | 54,700 |
73 | Transportes Lopez e Hijos | 46,300 |
74 | TRACOMEX | 45,200 |
75 | Transportes Elola | 42,000 |
76 | Transportes Internacionales JCV | 41,000 |
77 | Ryder Capital | 39,500 |
78 | Transportes Canales | 38,900 |
79 | Centauros del Sureste | 33,800 |
80 | Transportes Unidos Tampiquenos | 33,700 |
81 | Autotransportes Rapidos de Aguascalientes | 33,500 |
82 | Grupo GOR | 33,300 |
83 | Transportes Sultana | 31,500 |
84 | Autotransportes Dasa | 30,500 |
85 | A. Duie Pyle Inc. | 28,500 |
86 | Transport Investments | 20,581 |
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
Knight-Swift Reports 69% Earnings Drop in Q3
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.
Autonomous Trucks Could Create Safer Roads, Better Jobs
AUSTIN, Texas — Autonomous truck developers and their industry partners see opportunities for this technology to improve road safety and create more desirable jobs for drivers.
Yellow Aims to Appoint Auction Houses for Rolling Stock Sale
The administrators of Yellow Corp. aim to use auction houses to sell off the bankrupt less-than-truckload carrier’s rolling stock, according to court filings.
J.B. Hunt Q3 Profit Slides 30.4% Year-Over-Year
J.B. Hunt Transport Services posted a 30.4% year-over-year decrease in profits in the third quarter, undershooting analyst expectations as revenues declined at each of the carrier’s operating units.
Yellow Extends Bid Deadline for Trucks, Trailers
Yellow Corp. has rescheduled the bid deadline for its fleet of trucks and trailers, according to court documents related to the shuttered carrier’s ongoing bankruptcy proceedings.
Estes Rating, Quoting System Returns to Action After Cyberattack
Estes Express Lines late Oct. 12 said its rating and quoting system, as well as telephone lines and email access, were again operational following a cyberattack earlier in the month.
Mercedes Unveils Longhaul Electric Truck
Mercedes-Benz Trucks revealed a heavy-duty electric truck to take on Tesla Inc.’s battery-powered Semi, the latest move in the intensifying race to decarbonize road logistics.
Estes: Many Core IT Systems Operational Again After Attack
Estes Express Lines on Oct. 6 said a large share of its core IT infrastructure systems were “once again operational” following a cyberattack earlier in the week.