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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105

On the Bubble

Postal Fleet Services ($249 million), is a U.S. Postal Service supplier based in St. Augustine, Fla.
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

Hub Group Posts Q2 Profit, Revenue Gains

Hub Group electric truck

Hub Group Inc. reported strong growth in second-quarter profits and revenue as it benefited from the robust rebound in the U.S. freight market.

Jerry Hirsch | Contributing Writer
July 30, 2021
Business, Top 50, Top 100

Werner Reports Q2 Record for Net Income

Werner

Werner Enterprises posted record results for net income, operating income and diluted earnings per share during the second quarter, the company announced.

Connor D. Wolf | Staff Reporter
July 30, 2021
Business, Top 100

USA Truck Sets Quarterly Revenue Record for Q2

USA Truck on road

USA Truck saw revenue increase to a new quarterly record during the second quarter of 2021, the company reported July 29.

Connor D. Wolf | Staff Reporter
July 30, 2021
Business, Top 100

Saia Reports Q2 Profit, Revenue Increases

Saia

Saia Inc. reported large second-quarter increases in profit and revenue, helped by improved operating efficiency and the economic rebound from the COVID-19 recession.

Jerry Hirsch | Contributing Writer
July 29, 2021
Business, Equipment, Logistics, Top 100

Ryder Reports Year-Over-Year Turnaround for Q2

Ryder truck

Ryder System Inc. saw growth across its business during the second quarter of 2021, the company reported July 28.

Connor D. Wolf | Staff Reporter
July 29, 2021
Business, Logistics, Top 50, Top 100

Schneider Reports Large Rise in Q2 Earnings

Schneider

Schneider National on July 29 reported net income increased 129% year-over-year during the second quarter.

Connor D. Wolf | Staff Reporter
July 29, 2021
Business, Technology, Autonomous, Top 100

TuSimple, Ryder Partner on Terminals for Autonomous Trucks

Ryder and TuSimple trucks

Self-driving truck developer TuSimple and Ryder System Inc. announced a partnership intended to leverage select Ryder fleet maintenance facilities to serve as terminals on TuSimple’s Autonomous Freight Network.

Roger Gilroy | Senior Reporter
July 29, 2021
Business, Technology, Equipment, Top 100

Old Dominion Freight Line Reports Record Revenue for Q2

ODFL

Old Dominion Freight Line saw net income increase year-over-year by 82.4% during the second quarter of 2021, the company reported July 28.

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

UPS Freight Purchase Powers TFI to Q2 Gains

TForce Freight truck

TFI International reported large gains in second-quarter net income and revenue, helped by its acquisition of the UPS Freight operation.

Jerry Hirsch | Contributing Writer
July 28, 2021
Business, Logistics, Top 100

UPS Earns $2.7 Billion in Q2

UPS truck

Robust e-commerce business and the company’s role in delivering millions of COVID-19 vaccines worldwide helped contribute to strong second-quarter financial results for Atlanta-based UPS Inc.

Dan Ronan | Associate News Editor
July 27, 2021

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