XPO Logistics Inc. on Aug. 4 reported record revenue and net income for the second quarter, part of a busy week for the Greenwich, Conn.-based company.
August 5, 20222020 Top Truckload/Dedicated Carriers
2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
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Up Front
Fleets have been overcoming unprecedented challenges to keep essential freight moving during the pandemic.
See the locations of the headquarters for each of the Top 100 for-hire carriers in North America.
COVID-19 has transformed 2020 into a tumultuous year for trucking, but the Top 100 list remains stable, at least for now.
Top Truckload/Dedicated Carriers
| Rank | Company | Sector Revenue (000) |
|---|---|---|
| 1 | Knight-Swift Transportation | 3,198,000 est |
| 2 | J.B. Hunt Transport Services | 3,084,112 |
| 3 | Landstar System | 2,371,188 |
| 4 | Schneider | 2,076,800 |
| 5 | Werner Enterprises | 1,909,776 |
| 6 | TFI International | 1,658,016 |
| 7 | U.S. Xpress Enterprises | 1,521,494 |
| 8 | Ryder Dedicated Transportation Solutions | 1,417,483 |
| 9 | Penske Logistics | 919,000 est |
| 10 | CRST The Transportation Solution | 873,000 |
| 11 | Crete Carrier Corp. | 860,000 est |
| 12 | Mullen Group | 664,550 |
| 13 | Ruan | 648,539 |
| 14 | Cardinal Logistics | 648,000 est |
| 15 | Covenant Logistics Group | 600,722 |
| 16 | Heartland Express | 596,815 |
| 17 | P.A.M. Transport | 425,224 |
| 18 | Western Express | 424,672 |
| 19 | NFI | 422,500 |
| 20 | Canada Cartage System | 401,850 |
| 21 | Universal Truckload | 390,095 |
| 22 | Mesilla Valley Transportation | 383,950 est |
| 23 | USA Truck | 377,093 |
| 24 | Dart Transit Co. | 365,000 |
| 25 | Day & Ross Freight | 358,997 |
| 26 | Bison Transport | 345,037 |
| 27 | Challenger Motor Freight | 335,000 |
| 28 | Cowan Systems | 330,093 |
| 29 | Hub Group Dedicated | 298,747 |
| 30 | Black Horse Carriers | 280,500 |
| 31 | Marten Transport | 265,984 |
| 32 | Paschall Truck Lines | 259,000 est |
| 33 | Martin Transportation Systems | 248,044 |
| 34 | Roehl Transport | 236,332 |
| 35 | Southeastern Freight Lines | 217,816 |
| 36 | Anderson Trucking Service | 211,845 |
| 37 | C.A.T. Inc. | 208,382 est |
| 38 | Auto Lineas America | 191,100 est |
| 39 | Smith Transport | 187,891 |
| 40 | Forward Air | 184,700 |
| 41 | Averitt Express | 179,366 |
| 42 | Artur Express | 172,000 |
| 43 | Stan Koch & Sons Trucking | 168,162 |
| 44 | Paper Transport | 161,302 |
| 45 | New Legend Inc. | 160,126 |
| 46 | Transportistas Unidos Mexicano | 158,800 est |
| 47 | Brown Trucking Co. | 155,000 est |
| 48 | Transportadora Nacional | 153,300 est |
| 49 | Pitt Ohio Transportation Group | 148,283 |
| 50 | Transportes Cuauhtemoc | 143,300 est |
| 51 | Mercer Transportation Co. | 138,376 |
| 52 | Red Classic | 134,400 |
| 53 | Legend Transportation | 127,000 est |
| 54 | Trans-Mex Inc. | 125,000 est |
| 55 | Blackhawk Transport | 120,531 |
| 56 | A.D. Transport Express | 120,000 est |
| 57 | Evans Delivery | 118,000 |
| 58 | Cargo Transporters | 114,025 |
| 59 | AAA Cooper Transportation | 113,000 |
| 60 | Auto Lineas Regiomontanas | 109,900 est |
| 61 | C.R. England | 105,200 |
| 62 | System Freight | 104,691 |
| 63 | Kriska Transportation | 102,625 est |
| 64 | Raven Transport | 102,000 est |
| 65 | CalArk | 94,559 |
| 65 | J. Rayl Transport | 93,000 est |
| 65 | Wilson Logistics | 93,000 |
| 68 | Nussbaum Transportation | 92,000 |
| 69 | Titanium Transportation Group | 82,918 |
| 69 | Arnold Transportation | 80,000 |
| 69 | TransAmerica Express Logistics | 80,000 |
| 69 | Express Tres Fronteras | 80,000 est |
| 73 | Titan Transfer | 79,918 |
| 74 | Transportes Quintanilla | 73,400 est |
| 75 | Alabama Motor Express | 72,000 |
| 76 | Transportes Especializados Antonio de la Torre e Hijos | 69,000 est |
| 77 | Halvor Lines | 68,100 |
| 78 | A. Duie Pyle Inc. | 65,800 |
| 79 | Transportes de Nuevo Laredo | 65,600 est |
| 80 | American Central Transport | 65,000 est |
| 81 | Fleetmaster Express | 61,000 est |
| 82 | Transportes Lar-Mex | 60,100 est |
| 83 | Fletes Internacionales Coss | 57,800 est |
| 84 | Market Express | 55,000 |
| 85 | Highlight Motor Group | 53,379 |
| 86 | Transportes Lopez e Hijos | 48,900 est |
| 87 | TRACOMEX | 47,700 est |
About the Rankings...
Extras
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110
On the Bubble
Magnate Worldwide($235 million), is an air and expedited carrier based in Toledo, Ohio
Learn more about Transport Topics' Top 100 For-Hire Companies publication.
COVID-19 has created significant financial challenges for many trucking and logistics companies.
Fleets are emphasizing cleaning and physical distancing at loading docks to help protect drivers from COVID-19.
Drivers have been more isolated than usual during the pandemic due to social distancing measures.
Market uncertainty due to COVID-19 has depressed demand for new trucking equipment.
Small trucking companies such as Boyle Transportation are playing a direct role in the response to COVID-19.
Industry experts explain how this public health crisis might change freight transportation in the years ahead.
Top 100 News
Business, Logistics, Top 100 
GXO Posts $2.2 Billion in Q2 Revenue, Marks First Anniversary
GXO Logistics Inc. closed out its first year as an independent company with revenue and earnings growth in the second quarter of 2022, the company reported Aug. 2.
August 3, 2022 Business, Equipment, For-Hire, Top 100 
Daseke Reports Mixed Results in Second Quarter
Daseke Inc. saw a decline in earnings despite revenue gains during the second quarter of 2022, the company reported Aug. 2.
August 2, 2022 Business, For-Hire, Top 100 
ArcBest Reports Record-Setting Quarter for Q2
ArcBest Corp. posted records for quarterly revenue, operating income and net income for the second quarter of 2022.
July 29, 2022 Business, Logistics, For-Hire, Top 100 
Forward Air Reports Record-Setting Quarter for Q2
Forward Air Corp. on July 27 reported all-time quarterly records for revenue, income from operations and net income per diluted share for the second quarter.
July 28, 2022 Business, Logistics, For-Hire, Top 100 
ODFL Reports Profit, Revenue Records for Second Quarter
Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.
July 27, 2022 Business, Technology, Equipment, Private, Top 100 
Walmart Canada Adds 60-Foot Multizone Refrigerated Trailer
Walmart Canada has expanded its fleet to include for the first time in North America a 60-foot multitemperature-zone refrigerated trailer, built by Utility Trailer Manufacturing Co.
July 25, 2022 Business, Logistics, For-Hire, Top 100 
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
July 21, 2022 Business, Logistics, For-Hire, Top 100 
Marten Reports Record-Breaking Results for Q2
Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.
July 19, 2022 Business, Logistics, For-Hire, Top 100 
Trucking Faces Pressure to Prepare for Holidays Early
Supply chain pressures are forcing trucking to get an early start to the holiday shipping season despite a shift of underlying conditions within the industry.
July 18, 2022Pages
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