Profits at TFI International fell 17.1% year-over-year in the first quarter of 2024 on the back of what CEO Alain Bédard said was a particularly weak freight environment.
April 26, 2024Sponsored by:
2017 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
The nation’s top for-hire carriers are taking steps to shore up capacity in anticipation of increasing demand for freight hauling and a tighter market for drivers.
Find out what carriers are doing to prepare for what looks like increased demand for freight hauling this year and next.
Rankings
Top 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 Air/Expedited Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | Roadrunner Freight | 720,000 |
| 2 | Forward Air | 570,800 |
| 3 | Dicom Transportation Group | 320,700 |
| 4 | XPO | 253,500 |
| 5 | LoadOne | 97,000 |
| 6 | Bolt Express | 31,839 |
| 7 | Landstar System | 20,130 |
Extras
About Us: Transport Topics' Top 100 For-Hire Carriers
104
On the Bubble
Wheaton World Wide Moving
($209 million), Based in Indianapolis, Wheaton offers domestic and international household goods moving and storage services, along with transportation of high-value products, furniture and store fixtures through Wheaton Van Lines, Bekins Van Lines and Clark & Reid brands.
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For-Hire News
Business, For-Hire
TFI Profit Falls 17.1% on ‘Worse Than Expected’ Market
Business, Equipment, For-Hire
Intermodal Chassis Manufacturers Pull Back on Output
Intermodal chassis manufacturers are scaling back production as a result of weak demand as well as a supply overhang, company executives said.
April 25, 2024For-Hire, Top 100
Top 100 For-Hire Carriers: How to Get on the List
Find out how your trucking business stacks up by submitting data for the 2024 Transport Topics Top 100 For-Hire Carriers publication.
April 25, 2024Business, For-Hire
Knight-Swift Reports Earnings Drop Amid Revenue Growth
Knight-Swift Transportation Holdings saw its first-quarter bottom-line results swing from a profit to a loss.
April 25, 2024Business, For-Hire
Mullen Group Reports Lower Revenue for Q1
Mullen Group experienced a decrease in revenue and earnings during the first quarter of 2024, the company reported April 25.
April 25, 2024Business, Logistics, For-Hire
Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO
Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.
April 24, 2024Business, For-Hire
ODFL Reports Q1 Revenue and Earnings Growth
Old Dominion Freight Line experienced growth in revenue and earnings for the first quarter of 2024, the company reported April 24.
April 24, 2024Business, Logistics, For-Hire
UPS Reports 41% Earnings Drop During Q1
UPS Inc. experienced a 41.3% drop in earnings during the first quarter of 2024, the company reported April 23.
April 23, 2024Government, Business, For-Hire
Five Auto Haulers to Merge as Backer Files for IPO
Five auto carriers look set to merge, with the combined entity likely to then add to its assets by buying up competitors, if an initial public offering pans out as planned.
April 17, 2024Business, For-Hire
J.B. Hunt Reports $2.9 Billion Revenue for Q1
J.B. Hunt Transport Services Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 16.
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