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 Knight-Swift Transportation 4,098,000
2 Landstar System 3,525,800
3 J.B. Hunt Transport Services 3,374,200
4 TFI International 2,136,100
5 Schneider 1,900,000
6 Werner Enterprises 1,789,100
7 U.S. Xpress Enterprises 1,567,500
8 Ryder Dedicated Transportation Solutions 1,457,200
9 Crete Carrier Corp. 1,304,000
est
10 Penske Logistics 1,101,000
est
11 CRST The Transportation Solution 1,000,000
12 Ruan 733,669
est
13 NFI 689,100
14 Heartland Express 607,000
15 Western Express 573,900
16 C.R. England 555,300
17 Day & Ross Freight 521,000
18 Mesilla Valley Transportation 494,000
19 P.A.M. Transport 473,800
20 Universal Truckload 453,000
21 USA Truck 440,300
22 Averitt Express 423,700
23 Cardinal Logistics 422,000
24 Cowan Systems 386,400
25 Bison Transport 384,100
26 Marten Transport 329,400
27 Covenant Logistics Group 324,500
28 Western Flyer Express 320,000
29 Dart Transit Co. 312,000
est
30 Roehl Transport 299,900
31 New Legend 294,000
32 Artur Express 271,900
33 Hub Group Dedicated 264,600
34 Canada Cartage 256,400
35 Paschall Truck Lines 250,000
36 Smith Transport 246,000
est
37 Anderson Trucking Service 235,300
38 Forward Air 223,000
39 Lily Transportation 220,000
est
40 Evans Delivery 180,000
41 Challenger Motor Freight 172,500
est
42 Paper Transport 169,400
43 Stan Koch & Sons Trucking 168,000
44 Red Classic 152,400
45 Ascend 148,000
46 GP Transco 146,100
47 Wilson Logistics 136,000
est
48 System Freight 120,500
49 Transervice Logistics 110,800
50 Cargo Transporters 107,400
51 A. Duie Pyle 100,600
52 Titan Transfer 100,000
53 R&R Family of Cos. 93,200
54 Nussbaum Transportation 92,000
est
55 Mercer Transportation 85,700
56 Highlight Motor Group 85,300
est
57 Cheema Freightlines 83,500
58 Southeastern Freight Lines 80,400
59 Best Logistics Group 65,900
60 JRayl Transport 63,000
est
61 Barnes Transportation Services 55,000
62 TGR Logistics 50,000
63 Meiborg Inc. 48,000
64 Dupré Logistics 47,000
65 Alabama Motor Express 46,000
66 Leonard's Express 42,000
67 Atech Logistics 40,000
68 McCollister's Global Services 35,000
69 Beemac Trucking 24,100
70 Atlas World Group 14,600
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, For-Hire, TCA

UPS to Acquire German Cold Chain Company

UPS is acquiring a German firm that specializes in temperature-sensitive shipping to expand its health care logistics capabilities in Europe, the company announced Sept. 10.

Kelly Yamanouchi | The Atlanta Journal-Constitution
September 10, 2024
Business, For-Hire, TCA

UPS to Lay Off More Employees to Boost Profitability

UPS Inc. is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.

Kelly Yamanouchi | The Atlanta Journal-Constitution
September 10, 2024
Government, Business, Safety, Logistics, For-Hire

Michigan to Allow Hazardous Transport on Ambassador Bridge

The decision, repealing measures in place since 2014, follows a six-month review of input from the public, law enforcement and first responders.

Noël Fletcher | Staff Reporter
September 5, 2024
Business, Equipment, For-Hire, Top 100

Yellow Submits Final Chapter 11 Plan, Seeks Creditor Deal

The administrators are disputing the size of withdrawal liability claims from Central States Pension Fund and other multiemployer pension funds.

Keiron Greenhalgh | Staff Reporter
September 5, 2024
Business, Safety, For-Hire, Top 100

Truck Driver Pay Drops 7.4% in Q2 as Freight Keeps Slumping, Reports Say

The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.

Connor D. Wolf | Staff Reporter
August 29, 2024
Business, For-Hire

Estes Purchases Seven Former Yellow Terminals

Estes has closed on lease purchases for seven terminals across the country that used to belong to the defunct carrier Yellow Corp., the company announced Aug. 22.

Connor D. Wolf | Staff Reporter
August 26, 2024
Business, Equipment, For-Hire

Kenan Advantage Group Acquires Chemical Transporter TransVac

Kenan Advantage Group on Aug. 20 announced that it acquired specialty transportation provider TransVac.

Connor D. Wolf | Staff Reporter
August 23, 2024
Business, For-Hire, Top 100

Mike Gannon Appointed to Lead CRST

CRST has appointed Mike Gannon as its newest president and CEO, the company announced Aug. 23.

August 23, 2024
Business, Logistics, For-Hire

XPO Explores Sale of European Transportation Business

XPO has revived a sale of its European transportation business, according to people familiar with the matter, almost two years since it last scrapped the attempt to divest the operation.

Vinicy Chan and Kiel Porter | Bloomberg News
August 15, 2024
Government, Business, For-Hire

Trucking Insurance Concerns Go Beyond High Premiums

Although high premiums have been a top concern, industry leaders and state regulators have taken action to curb other insurance challenges that greatly affect the industry at large.

August 9, 2024
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