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 Yearsort descending Rank Last Year Company Revenue (000) Net Income (000) Employees Tractors* Trailers
1 1 UPS Inc. 74,094,000 4,440,000 495,000 19,851 107,542
2 2 FedEx Corp. 68,869,000 2,359,000 475,000 29,813 113,218
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
5 7 Schneider 5,000,000 147,000 15,650 9,000 35,100
6 6 YRC Worldwide 4,871,200 -104,000 30,000 14,100 43,700
7 5 Knight-Swift Transportation Holdings 4,843,950 310,178 23,800 19,520 58,315
8 9 Old Dominion Freight Line 4,109,111 615,518 21,159 9,296 37,539
9 8 Landstar System 4,084,577 227,720 1,333 10,243 17,067
10 11 Ryder Supply Chain Solutions 3,968,754 226,209 - - -
11 10 TFI International 3,903,828 233,891 16,700 15,844 25,505
12 12 Hub Group 3,668,117 107,171 5,000 3,900 4,920
13 13 Estes Express Lines 3,260,000 - 19,000 7,485 38,617
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
16 15 Werner Enterprises 2,463,701 166,944 12,736 8,033 24,145
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
19 23 R+L Carriers 1,972,000
est
- - - -
20 17 Roadrunner Transportation Systems 1,847,862 -340,937 3,600 - -
21 25 Saia Inc. 1,786,735 113,719 10,400 4,779 16,376
22 27 Kenan Advantage Group 1,758,645 - 9,400 6,977 11,225
23 21 Daseke Inc. 1,737,000 -307,400 5,946 2,334 -
24 20 U.S. Xpress Enterprises 1,707,361 -3,043 8,572 6,900 15,500
25 24 CRST International 1,559,000 - 6,778 5,808 14,513
26 26 C.R. England 1,545,199 - 8,153 4,309 6,604
27 28 Universal Logistics Holdings 1,511,998 37,586 6,541 5,343 4,428
28 22 UniGroup Inc. 1,500,000 - - - -
29 31 Forward Air 1,410,395 87,099 5,652 1,353 7,178
30 29 Sirva Inc. 1,400,000
est
- - - -
31 30 Southeastern Freight Lines 1,384,438 - 8,839 3,385 10,666
32 32 Averitt Express 1,319,000 - 9,007 5,319 14,905
33 33 Anderson Trucking Service 1,274,459 - 2,294 2,780 7,209
34 34 Evans Delivery 1,240,000 - 430 6,200 550
35 35 Crete Carrier Corp. 1,200,000 - 6,500 - -
36 36 Purolator 1,166,279 - 11,000 465 1,329
37 46 Day & Ross 1,130,700 - 5,000 4,000 8,000
38 45 Quality Distribution 1,090,684 - - - -
39 37 Lynden Inc. 1,075,000 - 3,039 998 2,679
40 39 Ruan 1,002,045 - 5,900 3,704 9,661
41 40 KLLM Transport Services 936,000 - - 3,600 5,400
42 41 Atlas World Group 906,400 96,000 754 1,228 3,864
43 42 Covenant Transportation Group 894,528 8,477 5,550 3,021 6,739
44 44 Central Transport International 856,000
est
- - - -
45 43 Pitt Ohio Transportation Group 855,982 - 5,680 2,055 5,836
46 48 Marten Transport 843,271 61,071 4,087 3,212 5,464
47 47 Cardinal Logistics 805,000
est
- 4,220 3,055 8,700
48 49 PS Logistics 747,339
est
- 3,664 - -
49 51 Stevens Transport 737,294 85,210 2,750 1,950 3,290
50 50 AAA Cooper Transportation 718,000 - 5,000 2,552 6,958
51 54 United Road Services 713,000 - 1,837 2,368 1,200
52 52 Western Express 683,535 - 3,250 3,050 8,080
53 54 Dayton Freight Lines 679,000 - 4,949 1,955 4,600
54 53 Mullen Group 664,550 - 3,768 1,978 5,139
55 56 Bennett International Group 650,846 - 1,029 1,810 2,186
56 62 Bison Transport 633,817 - 3,688 2,185 5,711
57 61 OnTrac Inc. 618,000
est
- - - -
58 66 Trimac Transportation 610,000 - 3,000 2,120 3,400
59 59 Suddath 600,000
est
- 2,200 - -
60 57 Heartland Express 596,815 72,967 4,050 2,630 8,000
61 69 Black Horse Carriers 561,000 - 4,040 1,958 4,500
62 73 Hirschbach Motor Lines 550,530 - 1,141 1,887 3,503
63 58 Mercer Transportation Co. 543,651 - 301 2,383 2,600
64 67 Canada Cartage 535,800 5,800 3,269 2,736 3,019
65 63 Cowan Systems 533,012 - 2,397 2,279 6,782
66 70 Two Men and a Truck Movers 524,929 - 11,396 - -
67 64 USA Truck 522,631 -4,698 2,098 1,990 6,092
68 65 P.A.M. Transport 514,177 7,900 2,666 2,130 7,081
69 60 Jack Cooper Holdings 507,000
est
- 3,753 - -
70 75 A. Duie Pyle Inc. 491,100 - 3,281 1,209 2,285
71 74 LaserShip Inc. 452,000
est
- - - -
72 72 TMC Transportation 450,000
est
- - - -
73 76 Roehl Transport 438,659 - 2,702 2,040 5,481
74 68 Dart Transit Company 424,000
est
- 2,362 - -
75 71 Eagle Express Lines 390,445 - - - -
76 77 Maverick USA 389,182 - 2,125 1,582 2,582
77 78 Transport Investments 384,719
est
- 200 - -
78 79 Mesilla Valley Transportation 383,950
est
- 1,662 - -
79 83 Koch Cos. 351,081 - 1,224 1,164 5,540
80 80 IMC Cos. 347,395 - 2,012 - -
81 81 Red Classic 342,100 - 1,275 577 2,918
82 - Salmon Cos. 341,073 - - 824 1,104
83 89 John Christner Trucking 338,873 - 207 839 1,244
84 95 Challenger Group 335,000 - 1,200 1,570 3,550
85 82 Foodliner/Quest Liner 334,103 - 1,315 1,317 2,340
86 86 RoadOne IntermodaLogistics 314,000 - 2,200 1,700 350
87 85 Melton Truck Lines 305,717 - 1,868 1,457 2,407
88 - Consolidated Fastfrate 301,520 - 1,530 1,116 1,350
89 86 ContainerPort Group 300,000
est
- 400 - -
90 - Dupre Logistics 297,582 - 1,313 750 1,471
91 84 TransAm Trucking Inc. 297,000
est
- - - -
92 90 Heniff Transportation Systems 293,000
est
- - - -
93 86 Trans-System Inc. 290,000 - 1,051 1,026 1,849
94 93 Hansen & Adkins Auto Transport 283,137 6,622 955 1,224 945
95 97 Martin Transportation Systems 276,978 - 2,357 1,264 2,417
96 95 A&R Logistics 276,000 - 1,100 - -
97 - FFE Transportation Services 275,000 - 1,511 1,000 1,450
98 98 PGT Holdings 273,828 - 680 1,090 1,800
99 - Groendyke Transport 273,125 - - - -
100 99 Superior Bulk Logistics 269,000
est
- - - -
About the Rankings...
Extras
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101

On the Bubble

Paschall Truck Lines ($268 million), is a truckload freight carrier based in Murray, Ky.
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

Former XPO Executive to Become Next Postmaster General

Louis DeJoy, a former XPO executive, will be the next postmaster general.

A Republican fundraiser and political donor from North Carolina who also worked as an executive at XPO Logistics will be the next postmaster general.

May 7, 2020
Business, Logistics, Top 100

Daseke Reports Revenue of $391 Million for Q1

BTC truck

Daseke Inc., the Addison, Texas-based flatbed transportation and logistics company, extended its losses in the first quarter as the rate environment softened.

Connor D. Wolf | Staff Reporter
May 7, 2020
Business, Safety, Logistics, Top 50, Top 100, TCA

5-Year-Old’s ‘Refreshment Stop’ Shows Appreciation for FedEx, UPS Drivers

Jack Mahar, 5, set up a free refreshment stop for delivery drivers

A New York kindergartener who loves delivery trucks is thanking FedEx, UPS and other drivers during the coronavirus pandemic in his own special way, with a 'refreshment stop' of complimentary snacks and drinks that he has set up at the end of his driveway for these essential workers.

Kristi Gustafson Barlette | Times Union, Albany, N.Y.
May 5, 2020
Business, Logistics, Top 50, Top 100

XPO Profits, Revenue Fall in Q1

XPO Logistics truck

First-quarter profits and revenue at XPO Logistics Inc. declined as the effects of the coronavirus pandemic took a toll on the less-than-truckload carrier and logistics company in March.

Jerry Hirsch | Contributing Writer
May 5, 2020
Business, Logistics, Top 50, Top 100, TCA

XPO to Cease Operations at Pennsylvania Warehouse

An XPO Logistics truck

XPO Logistics will cease operations at its warehouse in Bethel Township, Pa., this month, according to a notice it filed March 11 with the Pennsylvania Department of Labor & Industry.

Daniel Urie | The Patriot-News (Harrisburg, Pa.)
May 4, 2020
Business, Top 50, Top 100

Hub Group Posts Dips in Revenue, Net Income in First Quarter

Hub Group

Hub Group reported double-digit declines in profits and revenue during the first quarter as it saw a drop in intermodal revenue and a decrease in its truck brokerage business.

Jerry Hirsch | Contributing Writer
May 4, 2020
Business, Logistics, Top 100

Forward Air Reports $342.5 Million Revenue for Q1

Forward Air logo on trailer

Forward Air Corp. posted increased revenue but narrower net income for the first quarter of 2020, the company reported.

Connor D. Wolf | Staff Reporter
May 1, 2020
Business, Logistics, Top 100

Schneider National Reports $43.8 Million Net Income for Q1

Schneider truck

Schneider National posted a 19% gain in first-quarter net income, the Green Bay, Wis., company reported April 30.

Connor D. Wolf | Staff Reporter
April 30, 2020
Business, Logistics, Top 100

Werner Enterprises Reports $592.7 Million Revenue for Q1

Werner Enterprises truck

Werner Enterprises reported steady revenue but a decline in net income during the first quarter of 2020, and the company said it is positioning itself to navigate the freight environment going forward amid the COVID-19 pandemic.

Connor D. Wolf | Staff Reporter
April 29, 2020
Business, Equipment, Top 100

March Used Truck Prices Continue 2020 Slide

Manheim auction

Class 8 used truck sales in March slipped 12%, and the average price dropped about $7,000 compared with a year earlier, ACT Research reported.

Roger Gilroy | Senior Reporter
April 29, 2020

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