2021 Top Less-Than-Truckload Carriers

2021 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
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Up Front
After navigating COVID-19's disruption, trucking now has entered a historically strong business environment.
Find out where the Top 100 are located by North American region.
Small carriers often were hardest hit by COVID, but large fleets faced challenges, too.

Top Less-Than-Truckload Carriers

Rank Company Sector Revenue (000)sort ascending
1 FedEx Freight 7,213,000
2 Yellow Corp. 4,513,700
3 XPO Logistics 4,450,000
4 Old Dominion Freight Line 4,015,129
est
5 Estes Express Lines 3,559,000
6 TFI International 3,088,851
7 ABF Freight 2,092,031
8 R+L Carriers 1,973,000
est
9 Saia Inc. 1,822,366
10 Southeastern Freight Lines 1,180,325
11 Central Transport 871,000
est
12 Averitt Express 823,150
13 Dayton Freight Lines 669,000
14 Pitt Ohio Transportation Group 653,000
15 AAA Cooper Transportation 592,000
16 Day & Ross Freight 439,129
17 Roadrunner Freight 430,000
18 A. Duie Pyle Inc. 379,700
19 Mullen Group 331,164
20 Daylight Transport 275,000
21 Central Freight Lines 256,000
est
22 Oak Harbor Freight Lines 237,000
est
23 Ward Trucking 183,000
est
24 Fastfrate/Bestway 164,000
25 Standard Forwarding 119,000
est
26 Midwest Motor Express 105,500
27 Landstar System 97,546
28 Dependable Highway Express 85,000
est
29 Peninsula Truck Lines 76,019
30 Canada Cartage 75,375
31 Anderson Trucking Service 62,055
32 North Park Transportation 54,073
33 JP Express 53,100
34 Highlight Motor Group 29,000
35 R&R Express 25,280
36 Diligent Delivery Systems 21,420
est
37 Bison Transport 19,905
38 Atlas World Group 19,795
39 CalArk 19,455
est
About the Rankings...
Extras
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101

On the Bubble

Navajo Express ($243 million), is a refrigerated and truckload carrier based in Denver.
Learn more about Transport Topics' Top 100 For-Hire Carriers publication.
How companies are working to address the persistent driver shortage.
A look at how different segments of the trucking industry fared in 2020.
Some U.S. truckers are busier than they have ever been.
Top 100 News
Business, Top 100, Top 50

Hub Group Reports Higher Revenue, Profits in 1Q

Hub Group

Hub Group reported higher revenue and profits in the first quarter of 2018 with growth coming from intermodal, logistics and dedicated contract carriage operations.

Daniel P. Bearth | Staff Writer
April 26, 2018
Business, Logistics, Top 100, Top 50

Universal Logistics Buoyed by Record Revenue, Strong Profits

Universal Logistics Holdings

Universal Logistics Holdings reported first-quarter net income of $10.4 million, or 37 cents per share, a rise of 147% from $4.3 million reported for the first quarter a year ago.

Burney Simpson | Staff Reporter
April 26, 2018
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

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