2018 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
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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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    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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Up Front
Here’s what North America’s top fleets are doing to get employees of all levels involved in the process of innovation.
In which regions of the country are the 2018 Top 100 For-Hire Carriers concentrated? Check out our interactive map.
Our experts discuss just how intensely for-hire carriers are embracing technology and innovation in a competitive environment.

Top Refrigerated (Truckload & LTL) Carriers

Rank Company Sector Revenue (000)sort ascending
1 Prime Inc. 1,623,776
2 C.R. England 1,405,411
3 KLLM Transport Services 959,000
4 Stevens Transport 694,980
5 Swift Refrigerated 539,307
est
6 Marten Transport 380,210
7 TransAm Trucking Inc. 280,000
est
8 Hirschbach Motor Lines 278,494
9 Navajo Express 238,000
est
10 Shaffer Trucking 220,000
11 John Christner Trucking 214,017
12 May Trucking 203,337
13 Black Horse Carriers 185,000
14 Covenant Transportation Group 162,150
15 Roadrunner Temperature Controlled 156,000
16 NFI 153,300
17 Frialsa Logistica 135,600
18 CanXpress 120,507
19 J&R Schugel Trucking 119,000
est
20 Decker Truck Line 106,206
21 WEL Companies 106,042
22 National Carriers Inc. 102,000
23 Bay & Bay Transportation 101,000
24 Freymiller Inc. 84,000
est
25 MCT Transportation 76,337
26 Day & Ross 75,561
27 Roehl Refrigerated Transport 49,311
28 Cowan Systems 39,119
29 Maverick USA 35,207
30 Transportes Garza Leal 32,700
31 CRST International 30,000
32 TWT Refrigerated 30,000
33 Challenger Motor Freight 14,008
About the Rankings...
Extras
Learn more about Transport Topics' Top 100 For-Hire Carriers
108

On the Bubble

Transportes Castores de Baja California ($221 million), provides less-than-truckload and parcel delivery services throughout Mexico. It is based in Tijuana.
If your company appears on the 2018 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
LTL carriers are adapting and expanding services to capitalize on favorable long-term trends, such as the growth of e-commerce.
Two dozen pioneering executives in the less-than-truckload freight industry came together to reflect on accomplishments.
Carriers and logistics providers are stepping into the final-mile sector to help retailers meet rising delivery expectations.
Top 100 News
Business, Logistics, Top 100

Marten Transport Posts Record Results in First Quarter

Marten Transport truck on highway

Marten Transport Ltd. reported its best first-quarter operating revenue in the company’s 73-year history, according to an April 16 news release.

Jim Stinson | Staff Reporter
April 25, 2019
Business, Logistics, Top 100

TFI International Reports Record Results for 1Q

TFI International truck

Another quarter, another record for TFI International when the Montreal-based conglomerate released its first-quarter financial report April 23.

Dan Ronan | Associate News Editor
April 25, 2019
Business, Logistics, Top 100

Old Dominion Posts Record Per-Share Results in 1Q

Old Dominion Freight Line truck

Old Dominion Freight Line beat the Wall Street consensus estimate on its earnings per share when the Thomasville, N.C., less-than-truckload carrier reported first-quarter results April 25.

Dan Ronan | Associate News Editor
April 25, 2019
Business, Top 100

UPS Cites Winter Weather for 1Q Earnings Downturn

UPS

UPS Inc. said difficult weather including heavy snow, extremely cold temperatures and spring flooding impacted its first-quarter 2019 earnings when the company announced its financial results April 25.

Dan Ronan | Associate News Editor
April 25, 2019
Business, Technology, Logistics, Autonomous, Top 100

UPS Sees Payoff From $20 Billion Tech Bet, but Investors Remain Wary

UPS

UPS Inc. is counting on algorithms you can’t see to prove that investors were wrong to doubt its three-year, $20 billion technological makeover. It’s all part of CEO David Abney’s bet on squeezing out costs and becoming more nimble as UPS adjusts to surging e-commerce deliveries.

Thomas Black | Bloomberg News
April 23, 2019
Business, Technology, Logistics, Top 100

Cameron Ramsdell to Lead Newly Formed U.S. Xpress Ventures

U.S. XPress truck

U.S. Xpress Enterprises Inc. announced it established U.S. Xpress Ventures, a business unit focused on developing and implementing new asset-based business models and technology strategies within the company. It named Cameron Ramsdell president of the new unit.

April 23, 2019
Business, Logistics, Top 100

Celadon Sells Logistics Group, Hopes for Financial Reporting in Fall

Celadon truck parked at Indianapolis HQ

Celadon Group Inc. is selling its Celadon Logistics brokerage and third-party logistics subsidiary in a $60 million deal that helps advance the Indianapolis-based company’s plan to shore up its business in the wake of accounting troubles that date back several years.

Jim Stinson | Staff Reporter
April 22, 2019
Business, Logistics, Top 100

Heartland Express Continues to Post Profit Improvement

Heartland Express truck

Heartland Express Inc. reported another quarter of profit improvement despite a weakening freight environment and bad weather in the first quarter of 2019.

Daniel P. Bearth | Staff Writer
April 22, 2019
Business, Logistics, Top 100

Roadrunner Board Nominates Donald Brown, Christopher Jamroz

Roadrunner truck

Roadrunner Transportation Systems Inc.’s board of directors has nominated Donald Brown and Christopher Jamroz for election to the board at its annual meeting to be held May 22.

April 22, 2019
Business, Top 100

P.A.M. Transportation Reports Record 1Q Earnings

P.A.M. Transportation

Continuing a trend that started in 2017, higher rates from customers in a strong freight market produced record profits for P.A.M. Transportation Services in the first quarter of 2019.

Dan Ronan | Associate News Editor
April 19, 2019

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