2016 Top Less-Than-Truckload Carriers

2016 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in the U.S. and Canada
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    EFS

    WEX | EFS is a leading provider of innovative fleet payment technology solutions designed specifically to help fleets drive efficiencies and improve bottom-line performance. Serving the industry for five decades, WEX | EFS brings unparalleled service, customer-driven innovation, and the latest technologies to make payments faster, smarter and simpler. Our portfolio includes a suite of private-label corporate cards; money transfer and payroll distribution; expense management and processing services; and real-time analytics to improve intelligence, visibility and control. www.efsllc.com

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    TMW Systems

    TMW Systems® is a leading, transportation-enterprise technology provider to for-hire and private fleets, freight brokers and 3PL operations that deliver high performance. Our more than 2,000 customers collectively manage over $70 billion in annual freight spend, direct more than 500,000 power units and maintain more than 2 million assets with our transportation management systems (TMS) and asset maintenance management software. TMW Systems is part of the Transportation and Logistics group of Trimble® Navigation. www.tmwsystems.com

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Up Front
Learn how to be included in the 2017 Top 100 For-Hire Carriers listing.
Find out where the carriers are by regions in North America.
TT’s Dan Bearth hosted a livestream panel discussion on the disruptive influences affecting trucking.

Top Less-Than-Truckload Carriers

Rank Company Sector Revenue (000)sort ascending
1 FedEx Freight 6,170,000
2 Yellow Corp. 4,832,400
3 XPO Logistics 3,600,000
4 Old Dominion Freight Line 2,972,442
5 UPS Freight 2,881,000
6 Estes Express Lines 2,367,000
7 ABF Freight 1,918,450
8 R+L Carriers 1,429,000
est
9 Saia Inc. 1,221,311
10 Southeastern Freight Lines 955,052
11 Averitt Express 702,000
12 TFI International 691,014
13 AAA Cooper Transportation 595,368
14 Roadrunner Freight 516,251
15 Dayton Freight Lines 452,817
16 Pitt Ohio Transportation Group 396,000
17 New England Motor Freight 388,000
18 A. Duie Pyle Inc. 281,554
19 Day & Ross Freight 270,148
20 Central Freight Lines 205,000
21 Daylight Transport 192,000
est
22 Oak Harbor Freight Lines 186,974
23 Ward Transport & Logistics Corp. 166,944
24 Watkins & Shepard Trucking 159,000
est
25 Wilson Logistics 147,550
26 Forward Air Solutions 129,988
27 Lakeville Motor Express 120,000
est
28 Fastfrate 103,171
29 Midwest Motor Express 93,000
est
30 TransX Group of Companies 92,859
31 Landstar System 80,687
32 Dependable Highway Express 75,000
est
33 Anderson Trucking Service 54,096
34 Atlas World Group 38,178
About the Rankings...
Extras
North America’s for-hire carriers face an onslaught of regulations and potential disruption from technologies.
105

On the Bubble

SLH Transport is a dry van truckload carrier based in Kingston, Ontario.
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Top 100 News
Business, Logistics, Top 100, Top 50

UPS Delivers 1Q Net Income of $1.34 Billion, Up 15% Year-to-Year

UPS truck

UPS Inc. reported double-digit gains in the first quarter as a result of the strength of its global business as well as economic conditions.

Dan Ronan | Associate News Editor
April 26, 2018
Business, Top 100

TFI International Sees Earnings Increase, Revenue Stay Flat in 1Q

TST Overland Express truck

Canadian transportation conglomerate TFI International reported a sharp increase in profits on revenue that was essentially flat in the first quarter of 2018.

Daniel P. Bearth | Staff Writer
April 25, 2018
Business, Top 100

Knight-Swift Reports ‘Progress’ With Merger, Sees Challenges in Getting Enough Drivers

Knight and Swift trucks

The holding company for Knight Transportation and Swift Transportation reported results for the first quarter of 2018 that reflect “progress” in achieving cost savings for the combined enterprise but also difficulty in finding enough drivers to meet increasing demand for service.

Daniel P. Bearth | Staff Writer
April 25, 2018
Business, Top 100

Landstar System Posts Record First Quarter

Landstar truck

Landstar System reported its best first quarter with revenue jumping 34.2% to $1.05 billion and profits reaching a record $57.5 million, or $1.37 a share, as demand for freight hauling continued to strain truck capacity in the market.

Daniel P. Bearth | Staff Writer
April 25, 2018
Business, Top 100

Forward Air First-Quarter Results Better Than Expected

Forward Air on the road

Forward Air Corp. reported better-than-expected results in the first quarter as strong demand and tight truckload capacity boosted expedited less-than-truckload shipping and intermodal services.

Daniel P. Bearth | Staff Writer
April 25, 2018
Business, Top 100

Heartland Express Posts Mixed Results in 1Q

Heartland Express Truck

Heartland Express reported first-quarter net income of $13.4 million, or 16 cents earnings per share. In comparison, first-quarter 2017 net income was $14 million, or 17 cents per share. Analysts had predicted earnings per share of 11 cents.

Burney Simpson | Staff Reporter
April 25, 2018
Business, Top 100

Covenant Reports Solid First-Quarter Revenue, Income

Covenant truck on the road

Covenant Transportation Group reported first-quarter net income of $4.4 million, or 24 cents per share, compared with a net loss of $39,000 in the same period of 2017.

Burney Simpson | Staff Reporter
April 24, 2018
Business, Logistics, TCA, Top 100

Change-of-Address Scam Moved UPS Corporate Headquarters to Tiny Chicago Apartment, Feds Say

The timeworn apartment building in Chicago’s Rogers Park neighborhood hardly looks like the corporate headquarters of one of the world’s largest shipping companies. But for a few recent months, that’s essentially what it became — at least as far as the U.S. Postal Service was concerned.

April 23, 2018
Business, Technology, Logistics, Top 100

XPO Logistics Announces May Launch of Google Home, Amazon Echo for Last-Mile Delivery

Amazon Echo

XPO Logistics announced beginning in May customers will be able to track deliveries using Amazon’s Alexa and Google Assistant personal assistant technologies.

April 20, 2018
Top 100

Werner Transportation Announces First Quarter Earnings Beating Expectations

Werner Enterprises

Werner Enterprises Inc. on April 19 reported improved year-over-year revenue and earnings for its fiscal first quarter.

Dan Ronan | Associate News Editor
April 20, 2018

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