2020 Top 100 For-Hire 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.
Rank This Year Rank Last Year Company Revenue (000) Net Income (000)sort descending Employees Tractors* Trailers
78 79 Mesilla Valley Transportation 383,950
est
- 1,662 - -
99 - Groendyke Transport 273,125 - - - -
56 62 Bison Transport 633,817 - 3,688 2,185 5,711
15 16 Penske Logistics 2,600,000 - 19,475 4,634 17,626
40 39 Ruan 1,002,045 - 5,900 3,704 9,661
63 58 Mercer Transportation Co. 543,651 - 301 2,383 2,600
80 80 IMC Cos. 347,395 - 2,012 - -
82 - Salmon Cos. 341,073 - - 824 1,104
61 69 Black Horse Carriers 561,000 - 4,040 1,958 4,500
41 40 KLLM Transport Services 936,000 - - 3,600 5,400
59 59 Suddath 600,000
est
- 2,200 - -
81 81 Red Classic 342,100 - 1,275 577 2,918
39 37 Lynden Inc. 1,075,000 - 3,039 998 2,679
26 26 C.R. England 1,545,199 - 8,153 4,309 6,604
62 73 Hirschbach Motor Lines 550,530 - 1,141 1,887 3,503
69 60 Jack Cooper Holdings 507,000
est
- 3,753 - -
85 82 Foodliner/Quest Liner 334,103 - 1,315 1,317 2,340
66 70 Two Men and a Truck Movers 524,929 - 11,396 - -
34 34 Evans Delivery 1,240,000 - 430 6,200 550
18 19 NFI 2,140,000 - 12,600 4,550 12,500
44 44 Central Transport International 856,000
est
- - - -
57 61 OnTrac Inc. 618,000
est
- - - -
79 83 Koch Cos. 351,081 - 1,224 1,164 5,540
38 45 Quality Distribution 1,090,684 - - - -
97 - FFE Transportation Services 275,000 - 1,511 1,000 1,450
37 46 Day & Ross 1,130,700 - 5,000 4,000 8,000
52 52 Western Express 683,535 - 3,250 3,050 8,080
65 63 Cowan Systems 533,012 - 2,397 2,279 6,782
91 84 TransAm Trucking Inc. 297,000
est
- - - -
28 22 UniGroup Inc. 1,500,000 - - - -
45 43 Pitt Ohio Transportation Group 855,982 - 5,680 2,055 5,836
87 85 Melton Truck Lines 305,717 - 1,868 1,457 2,407
70 75 A. Duie Pyle Inc. 491,100 - 3,281 1,209 2,285
19 23 R+L Carriers 1,972,000
est
- - - -
88 - Consolidated Fastfrate 301,520 - 1,530 1,116 1,350
73 76 Roehl Transport 438,659 - 2,702 2,040 5,481
93 86 Trans-System Inc. 290,000 - 1,051 1,026 1,849
50 50 AAA Cooper Transportation 718,000 - 5,000 2,552 6,958
25 24 CRST The Transportation Solution, Inc. 1,559,000 - 6,778 5,808 14,513
86 86 RoadOne IntermodaLogistics 314,000 - 2,200 1,700 350
58 66 Trimac Transportation 610,000 - 3,000 2,120 3,400
89 86 ContainerPort Group 300,000
est
- 400 - -
47 47 Cardinal Logistics 805,000
est
- 4,220 3,055 8,700
83 89 John Christner Trucking 338,873 - 207 839 1,244
96 95 A&R Logistics 276,000 - 1,100 - -
22 27 Kenan Advantage Group 1,758,645 - 9,400 6,977 11,225
74 68 Dart Transit Company 424,000
est
- 2,362 - -
92 90 Heniff Transportation Systems 293,000
est
- - - -
33 33 Anderson Trucking Service 1,274,459 - 2,294 2,780 7,209
48 49 PS Logistics 747,339
est
- 3,664 - -
75 71 Eagle Express Lines 390,445 - - - -
84 95 Challenger Group 335,000 - 1,200 1,570 3,550
30 29 Sirva Inc. 1,400,000
est
- - - -
72 72 TMC Transportation 450,000
est
- - - -
95 97 Martin Transportation Systems 276,978 - 2,357 1,264 2,417
31 30 Southeastern Freight Lines 1,384,438 - 8,839 3,385 10,666
54 53 Mullen Group 664,550 - 3,768 1,978 5,139
71 74 LaserShip Inc. 452,000
est
- - - -
98 98 PGT Holdings 273,828 - 680 1,090 1,800
13 13 Estes Express Lines 3,260,000 - 19,000 7,485 38,617
51 54 United Road Services 713,000 - 1,837 2,368 1,200
76 77 Maverick USA 389,182 - 2,125 1,582 2,582
100 99 Superior Bulk Logistics 269,000
est
- - - -
32 32 Averitt Express 1,319,000 - 9,007 5,319 14,905
35 35 Crete Carrier Corp. 1,200,000 - 6,500 - -
53 54 Dayton Freight Lines 679,000 - 4,949 1,955 4,600
77 78 Transport Investments 384,719
est
- 200 - -
90 - Dupre Logistics 297,582 - 1,313 750 1,471
55 56 Bennett International Group 650,846 - 1,029 1,810 2,186
36 36 Purolator 1,166,279 - 11,000 465 1,329
20 17 Roadrunner Transportation Systems 1,847,862 -340,937 3,600 - -
23 21 Daseke Inc. 1,737,000 -307,400 5,946 2,334 -
6 6 Yellow Corp. 4,871,200 -104,000 30,000 14,100 43,700
67 64 USA Truck 522,631 -4,698 2,098 1,990 6,092
24 20 U.S. Xpress Enterprises 1,707,361 -3,043 8,572 6,900 15,500
64 67 Canada Cartage 535,800 5,800 3,269 2,736 3,019
94 93 Hansen & Adkins Auto Transport 283,137 6,622 955 1,224 945
68 65 P.A.M. Transport 514,177 7,900 2,666 2,130 7,081
43 42 Covenant Logistics Group 894,528 8,477 5,550 3,021 6,739
27 28 Universal Logistics Holdings 1,511,998 37,586 6,541 5,343 4,428
14 14 ArcBest 2,988,310 39,985 13,000 4,137 23,639
46 48 Marten Transport 843,271 61,071 4,087 3,212 5,464
60 57 Heartland Express 596,815 72,967 4,050 2,630 8,000
49 51 Stevens Transport 737,294 85,210 2,750 1,950 3,290
29 31 Forward Air 1,410,395 87,099 5,652 1,353 7,178
42 41 Atlas World Group 906,400 96,000 754 1,228 3,864
12 12 Hub Group 3,668,117 107,171 5,000 3,900 4,920
21 25 Saia Inc. 1,786,735 113,719 10,400 4,779 16,376
5 7 Schneider 5,000,000 147,000 15,650 9,000 35,100
16 15 Werner Enterprises 2,463,701 166,944 12,736 8,033 24,145
10 11 Ryder Supply Chain Solutions 3,968,754 226,209 - - -
9 8 Landstar System 4,084,577 227,720 1,333 10,243 17,067
11 10 TFI International 3,903,828 233,891 16,700 15,844 25,505
17 18 Prime Inc. 2,288,397 307,504 4,900 7,416 14,116
7 5 Knight-Swift Transportation Holdings 4,843,950 310,178 23,800 19,520 58,315
3 3 XPO Logistics 16,648,000 379,000 100,000 15,500 40,000
4 4 J.B. Hunt Transport Services 9,165,258 516,000 29,106 17,972 35,093
8 9 Old Dominion Freight Line 4,109,111 615,518 21,159 9,296 37,539
2 2 FedEx Corp. 68,869,000 2,359,000 475,000 29,813 113,218
1 1 UPS Inc. 74,094,000 4,440,000 495,000 19,851 107,542
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110

On the Bubble

Magnate Worldwide ($235 million), is an air and expedited carrier based in Toledo, Ohio
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
Government, Business, Logistics, Top 50, Top 100

UPS Expects 40% Jump in Vaccine Doses Next Week, Peak in May

A UPS truck exits a distribution center in Chicago in November 2020. (Christopher Dilts/Bloomberg News)

UPS Inc. and FedEx Corp. are ramping up vaccine distribution, with plans for additional gains if Johnson & Johnson’s inoculation is cleared by U.S. regulators.

Thomas Black | Bloomberg News
February 25, 2021
Business, Equipment, Top 100

January Sales Indicate Used Truck Market Is Poised to Grow

used truck lot

The average used Class 8 vehicle in January had higher mileage and sold for a little less than a year earlier, ACT Research reported, calling it an inkling of all the freight there was to haul in the second half of 2020.

Roger Gilroy | Senior Reporter
February 25, 2021
Government, Business, Top 100

Extreme Winter Weather Causes Vaccine Shipping Delays

Joggers run down an street empty in Nolensville, Tenn., Feb. 18. (Mark Humphrey/Associated Press)

WASHINGTON — Extreme winter weather has dealt the first major setback to the Biden administration’s planned swift rollout of coronavirus vaccines, delaying shipment of three days’ worth of shots, or about 6 million doses.

February 19, 2021
Business, Technology, Logistics, Top 100

Technology Brings Visibility to Supply Chains, Experts Say

Walmart truck on highway

The increased visibility that technology brings to supply chains is helping to improve efficiency in very specific ways, according to experts at a recent virtual event.

Connor D. Wolf | Staff Reporter
February 17, 2021
Business, Logistics, Top 100

Forward Air Revenue Increased While Income Declined for Q4

Forward Air truck

Forward Air Corp. reported record fourth-quarter revenue but a decline in net income.

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

Ryder Reports Q4 Improved Earnings

Ryder truck

Ryder System Inc. on Feb. 11 reported fourth-quarter net income of $25.6 million, or 48 cents per share, compared with a loss of $53.5 million, or loss of $1.02, in the same period a year ago.

Dan Ronan | Associate News Editor
February 11, 2021
Business, Logistics, Top 100

XPO Reports Highest Quarterly Revenue Ever at $4.67 Billion

XPO Logistics truck

XPO Logistics Inc. posted better-than-expected earnings and its highest-ever quarterly revenue for the fourth quarter of 2020.

Connor D. Wolf | Staff Reporter
February 11, 2021
Business, Logistics, Top 100

TFI Posts Increases in Profit, Revenue in Q4

TFI headquarters

TFI International Inc. reported an increase in both profits and revenue in the fourth quarter as it works toward completion of its acquisition of UPS Freight, the less-than-truckload and dedicated truckload divisions of UPS Inc., later this year.

Jerry Hirsch | Contributing Writer
February 9, 2021
Business, Logistics, Top 100

Saia Reports Earnings Nearly Doubled to $40.2 Million for Q4

Saia truck

Saia Inc. saw income surge and revenue gains during the fourth quarter, the company reported Feb. 8.

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

Increase in Online Shopping Spurs Innovation for Shipping Packaging

forklift in warehouse

Effective shipment packaging relies as much on science and engineering as it does diligence and common sense. Matching the right box for the product and properly securing palletized shipments is crucial in the physically challenging environment of a less-than-truckload or parcel network.

Gary Frantz | Special to Transport Topics
February 8, 2021

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