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

On the Bubble

Diligent Delivery Systems ($238 million), is a full service carrier based in Houston.
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, Equipment, Fuel, Top 50, Top 100

Trucking Industry Making Strides Toward Electrification

Electric

Original equipment manufacturers, shippers and environmental activist groups are aligning behind the promised benefits of zero-emission trucks, and are encouraging the trucking industry to accelerate adoption of vehicles powered by alternatives to diesel.

Dan Ronan | Associate News Editor
March 11, 2021
Business, Equipment, Top 100

Penske Agrees to Acquire Kansas City Freightliner

Penske Automotive Group Inc. announced it entered into an agreement to acquire Kansas City Freightliner, a retailer of medium- and heavy-duty commercial trucks.

March 5, 2021
Government, Business, Technology, Equipment, Fuel, Top 100

FedEx Sets Plan for Carbon-Neutral Operations by 2040

FedEx

FedEx Corp. announced plans to achieve carbon–neutral operations globally by 2040, with vehicle electrification a key tenet of the strategy.

Joe Howard | Executive Editor
March 3, 2021
Business, Equipment, Top 100

Class 8 Orders Surge 212% to 43,800

Assembly work at Volvo plant in Virginia

North American Class 8 orders hit 43,800 in February, up 212% compared with a year earlier, ACT Research reported, citing truck makers’ preliminary data.

Roger Gilroy | Senior Reporter
March 3, 2021
Government, Business, Logistics, Top 100, TCA

UPS Ships Out First Batch of Johnson & Johnson Vaccine

A UPS truck loaded with the Johnson & Johnson vaccine

UPS Inc. began shipping out its first batch of Johnson & Johnson vaccines March 2, now that the single-dose vaccine for the coronavirus has emergency use authorization.

Kelly Yamanouchi | The Atlanta Journal-Constitution
March 2, 2021
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

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