2020 Top Air/Expedited 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 Air/Expedited Carriers

Rank Company Sector Revenue (000)sort ascending
1 Forward Air 804,100
2 Active Aero Group 672,965
est
3 XPO Logistics 477,300
4 ArcBest 252,000
5 Landstar System 121,485
6 LoadOne 108,000
est
7 Magnate Worldwide 73,000
8 Averitt Express 12,236
est
9 Sameday Worldwide 9,046
About the Rankings...
Extras
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102

On the Bubble

Daylight Transport ($262 million), is a regional and interregional less-than-truckload carrier based in Long Beach, Calif.
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, Top 50, Top 100

Current Stock Prices for Trucking, Logistics Companies

Stock market illustration

Same-day data for publicly traded trucking and transportation stocks in the autonomous, truckload, less-than-truckload, package, logistics and leasing categories.

November 15, 2021
Government, Business, Technology, Safety, Logistics, Top 50, Top 100

J.B. Hunt Execs Say Mandate Issues Extend Beyond Drivers

J.B. Hunt

The question of how a federal vaccine mandate might affect transportation workers other than truck drivers must be considered amid broader discussion of the proposal, an industry executive said at a recent event.

Connor D. Wolf | Staff Reporter
November 12, 2021
Government, Business, Safety, Top 100

Werner CEO Voices Concern Over Vaccine Mandate

Derek Leathers

Werner Enterprises CEO Derek Leathers during a recent event said that while his company is encouraging staff to get a COVID-19 vaccination, he noted the nature of the work in trucking — and of the workforce itself — suggests a vaccination mandate is not an ideal path.

Connor D. Wolf | Staff Reporter
November 12, 2021
Business, Logistics, Top 100

Strong M&A Market Continues

Forward Air truck

Trucking is continuing to see an active mergers and acquisitions market with several deals recently announced.

Connor D. Wolf | Staff Reporter
November 10, 2021
Business, Logistics, Top 100

TFI Reports 124% Jump in Revenue for Q3

TFI headquarters

TFI International saw adjusted net income increase 59% during the third quarter of 2021, the company reported Oct. 28.

Connor D. Wolf | Staff Reporter
November 8, 2021
Business, Logistics, Top 100

Revenue Rises, Profit Drops for Mullen Group in Q3

Mullen Group truck

Canadian carrier Mullen Group Ltd. reported record revenue but saw profits decline in the third quarter.

Jerry Hirsch | Contributing Writer
November 5, 2021
Business, Technology, Equipment, Logistics, Autonomous, Top 100

UPS, TuSimple Expand Partnership

TuSimple and UPS trucks

UPS and TuSimple plan to expand their relationship by adding routes where TuSimple will move cargo in autonomous Class 8 trucks in the southeastern and western U.S.

Dan Ronan | Associate News Editor
November 4, 2021
Business, Logistics, Top 100

ArcBest Reports Record Revenue for Q3

ABF Freight truck

ArcBest saw its highest quarterly revenue and operating income in its history during the third quarter, the company reported Nov 2.

Connor D. Wolf | Staff Reporter
November 2, 2021
Business, Top 100, TCA

Walmart to Hire Drivers, Supply Chain Workers in N.Y. Capital Region

Walmart to Hire Drivers, Supply Chain Workers in N.Y. Capital Region

Retail giant Walmart plans to hire thousands of “supply chain associates” nationwide ranging from warehouse workers to truck drivers during a job fair Nov. 3-4.

Rick Karlin | Times Union (Albany, N.Y.)
November 2, 2021
Business, Top 100, TCA

C&S Wholesale Services to lay off 175 in Connecticut

C&S Wholesale Services to lay off 175 in Connecticut

C&S Wholesale Services Inc. plans to permanently lay off 175 employees at its warehouse facility here, according to a notice filed with the state.

Matthew Knox | Journal Inquirer, Manchester, Conn.
November 1, 2021

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