2020 Top Less-Than-Truckload 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 Less-Than-Truckload Carriers

Rank Company Sector Revenue (000)sort descending
1 Highlight Motor Group 14,558
2 Bison Transport 14,941
3 TGR Logistics 19,000
est
4 CalArk 19,455
5 Diligent Delivery Systems 21,420
6 Fletes y Materiales Forsis 33,200
est
7 Atlas World Group 33,789
8 Transportes Leon-Mexico 37,700
est
9 TransAmerica Express Logistics 40,000
10 Transportes del Valle 45,600
est
11 Autotransportes de Carga El Duero / Fletes El Duero 46,700
est
12 JP Express Service 51,862
13 Canada Cartage 53,580
14 Transportes de Carga FEMA 58,900
est
15 Transportes Comandos del Norte 66,700
est
16 Anderson Trucking Service 68,885
17 Peninsula Truck Lines 76,467
18 Dependable Highway Express 85,000
est
19 Transportadora Hercel / Transportadores Unidos (Grupo Transportes) 95,700
est
20 Landstar System 98,324
21 Midwest Motor Express 105,300
22 Standard Forwarding 119,000
est
23 Fastfrate 169,605
24 Transportes Julian de Obregon 183,400
est
25 Ward Transport & Logistics Corp. 185,000
26 Forward Air Solutions 207,400
27 Oak Harbor Freight Lines 220,194
28 Central Freight Lines 232,000
29 Transportes Castores de Baja California 233,500
est
30 Autotransportes de Carga Tresguerras 244,500
est
31 Daylight Transport 262,000
32 A. Duie Pyle Inc. 385,600
33 Day & Ross Freight 426,500
34 Roadrunner Freight 430,806
35 AAA Cooper Transportation 593,000
36 Pitt Ohio Transportation Group 616,000
37 TFI International 627,322
38 Dayton Freight Lines 679,000
39 Central Transport 856,000
est
40 Averitt Express 873,419
41 Southeastern Freight Lines 1,166,622
42 Saia Inc. 1,786,735
43 R+L Carriers 1,972,000
est
44 ABF Freight 2,145,000
45 Estes Express Lines 3,260,000
46 UPS Freight 3,265,000
47 Old Dominion Freight Line 4,109,111
48 XPO Logistics 4,815,000
49 Yellow Corp. 4,871,200
50 FedEx Freight 7,237,000
About the Rankings...
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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
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
Business, Technology, Safety, Top 100

Cyber Defenders: How Fleets Are Preventing Hackers From Disrupting IT Systems, Stealing Data

Hacker

Cybersecurity threats are growing in both number and sophis­tication, forcing transportation companies to take additional steps to prevent these attacks from crippling their information technology systems, compromising proprietary data or potentially even disrupting trucks’ electronic controls.

Gary Frantz | Special to Transport Topics
April 20, 2018
Business, Top 100

Marten Reports Higher Profits, Revenue in 1Q

Marten trucks

Marten Transport Ltd. reported higher profits and revenue in the first quarter of 2018 as the Mondovi, Wis.-based truckload carrier benefited from lower taxes and stronger demand for freight hauling.

Daniel P. Bearth | Staff Writer
April 19, 2018

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