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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107

On the Bubble

Autotransportes de Carga Treguerras ($244 million), is a less-than-truckload and package carrier based in Guanajuato, Mexico.
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, Technology, Logistics, Top 100

J.B. Hunt Adds Digital Freight Matching Within SAP ERP

J.B. Hunt truck on highway

J.B. Hunt Transportation Services announced Oct. 27 that its freight-matching solutions will now be available to businesses using the enterprise resource planning software SAP ERP.

November 1, 2021
Business, Logistics, Top 100

Werner Reports Revenue, Earnings Growth for Q3

Werner Enterprises truck

Werner Enterprises achieved record third-quarter earnings per share despite supply chain and labor woes, the company reported Oct. 28.

Connor D. Wolf | Staff Reporter
October 29, 2021
Business, Top 100

Universal Posts Higher Revenue, Lower Profit in Q3

Universal Logistics truck

Universal Logistics Holdings posted higher revenue, but earnings declined during the third quarter, the carrier reported Oct. 28.

Connor D. Wolf | Staff Reporter
October 29, 2021
Business, Top 100

USA Truck Reports Revenue, Earnings Growth in Q3

USA Truck truck

USA Truck’s revenue and earnings improved during the third quarter, the company reported Oct. 28.

Connor D. Wolf | Staff Reporter
October 29, 2021
Logistics, Top 100

Forward Air Reports Rise in Q3 Net Income

Forward Air truck

Forward Air Corp. saw revenue and net income growth during the third quarter of 2021, the company reported Oct. 27.

Connor D. Wolf | Staff Reporter
October 28, 2021
Business, Logistics, Top 100

Schneider Reports 147% Jump in Earnings for Q3

Schneider truck

Schneider National saw third-quarter earnings surge 147% from last year, using its “scaled and diversified platform” to deliver solutions, the carrier reported Oct. 28.

Connor D. Wolf | Staff Reporter
October 28, 2021
Business, Technology, Equipment, Top 100

September Shatters Already High Used Class 8 Prices

Used

In a market growing even hotter in September, the average price for a used Class 8 and for a 3-year-old Class 8 set records, blowing past those set a month earlier. The average price for an 8-year-old heavy-duty used truck even took an unexpected and dramatic leap higher, ACT Research reported.

Roger Gilroy | Senior Reporter
October 27, 2021
Business, Technology, Equipment, Top 100

Ryder Reports Strong Q3, Beats Expectations

Ryder

Vehicle leasing and rental company Ryder System Inc. reported strong third-quarter earnings on Oct. 27, exceeding Wall Street analysts’ expectations.

Dan Ronan | Associate News Editor
October 27, 2021
Business, Logistics, Top 100

Old Dominion Posts Record Quarterly Profits, Revenue

ODFL

Old Dominion Freight Line posted large third-quarter increases in profits and revenue as it took advantage of tight freight capacity and focused on transitioning to more profitable accounts.

Jerry Hirsch | Contributing Writer
October 27, 2021
Business, Technology, Equipment, Safety, Autonomous, Top 100

Current Driver-Assist Tech Effective, Experts Say

Panel Members

NASHVILLE, Tenn. — Driver-assist technologies that are already widely available on the commercial truck market have demonstrated that they can prevent crashes, save lives and reduce litigation-related costs, a group of industry experts said.

Seth Clevenger | Managing Editor, Features
October 27, 2021

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