2021 Top Refrigerated (Truckload and LTL) 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 Refrigerated (Truckload & LTL) Carriers

Rank Company Sector Revenue (000)sort descending
1 TWT Refrigerated 18,000
2 May Trucking 26,304
est
3 Cowan Systems 26,933
4 PS Logistics 27,000
5 Halvor Lines 28,100
est
6 Challenger Motor Freight 34,500
7 Highlight Motor Group 36,380
8 CRST The Transportation Solution 44,417
9 Roehl Refrigerated Transport 59,078
est
10 Great Plains Transport 64,249
11 Bison Transport 74,851
12 Raider Express 80,000
13 Wilson Logistics 82,000
14 Canada Cartage 94,219
15 Continental Express 95,000
16 Soar Transport 103,006
17 Cardinal Logistics 109,900
18 A&A Express 110,000
19 WEL Cos. 124,252
20 National Carriers 125,800
21 NFI 130,000
22 Pride Transport 134,000
23 Day & Ross 139,339
24 Bay & Bay Transportation 150,752
est
25 Navajo Express 243,000
est
26 Penske Logistics 280,500
est
27 TransAm Trucking 297,000
est
28 John Christner Trucking 338,873
est
29 Marten Transport 379,148
30 Hirschbach Motor Lines 423,222
31 Stevens Transport 688,000
est
32 Swift Refrigerated 755,000
est
33 C.R. England 897,868
est
34 KLLM Transport Services 917,000
35 Prime Inc. 1,932,669
About the Rankings...
Extras
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106

On the Bubble

Paper Transport ($232 million), is a truckload and intermodal carrier based in De Pere, Wis.
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, Technology, Fuel, Logistics, Autonomous, Top 100, TCA

BrightDrop Delivers First Electric Vans to FedEx

BrightDrop FedEx van

BrightDrop, General Motors Co.’s new electric delivery and logistics business, has delivered the first five vans of an order of 500 to FedEx Corp., the company said Dec. 17.

Kalea Hall | The Detroit News
December 17, 2021
Business, Logistics, Top 100

FedEx Surges After Higher Rates Boost Profit, Ease Labor Worries

FedEx Surges After Higher Rates Boost Profit, Ease Labor Worries

FedEx Corp. rode increased prices to post profit above analysts’ estimates, bolstering the company’s outlook and easing investor concerns over higher labor U.S. costs. The shares rose in late trading.

Thomas Black | Bloomberg News
December 16, 2021
Business, Logistics, Top 100, TCA

FedEx Invests $72 Million in Miami Airport Cargo Hub

FedEx Invests $72 Million in Miami Airport Cargo Hub

FedEx Corp. began operations Dec. 15 at its substantially bigger air cargo hub at Miami International Airport. The $72 million addition, two years under development and roughly the size of two football fields, doubles the hub’s size to 282,000 square feet.

Anna Jean Kaiser | Miami Herald
December 16, 2021
Business, Top 100

Cowan Systems Announces New CEO, President

A Cowan Systems truck yard

Joseph Cowan is stepping down as the longtime CEO of truckload carrier Cowan Systems LLC Dec. 31 and President Dennis Morgan will be promoted to CEO.

Dan Ronan | Associate News Editor
December 14, 2021
Business, Top 50, Top 100

Current Stock Prices for Trucking, Logistics Companies

Stock market illustration

Same-day data for publicly traded trucking and transportation stocks in the autonomous, truckload, less-than-truckload, package, logistics and leasing categories.

December 13, 2021
Business, Top 100

Central Freight Lines Shuts Down After Nearly a Century in Business

Central Freight Lines truck

Central Freight Lines is ceasing operations after nearly a century in business, according to reports Dec. 11.

Connor D. Wolf | Staff Reporter
December 13, 2021
Business, Logistics, Top 100

Forward Air Announces General Rate Increase

Forward Air

Forward Air Corp. announced a general rate increase of 7.9%, applicable to rates established under existing tariffs effective Feb. 1.

December 9, 2021
Business, Technology, Equipment, Top 50, Top 100

Werner Enterprises Integrates With Decisiv to Expand Repair Network

Werner

Werner Enterprises is integrating Decisiv into its application programming interface to expand its repair network, the company announced Dec. 2.

December 6, 2021
Business, Technology, Equipment, Top 100

Knight-Swift Transportation Purchases RAC MME Holdings

Knight-Swift

Knight-Swift Transportation Holdings announced Dec. 6 that it acquired RAC MME Holdings and its subsidiaries from Red Arts Capital for $150 million in cash.

December 6, 2021
Business, Technology, Equipment, Safety, Top 100

Better Planning, Equipment Maintenance Are Key to Improved Loading Dock Efficiency

Averitt warehouse

In a time when supply chain issues have reached critical mass, trucking and warehouse companies, as well as dock equipment managers, have been searching for solutions for better efficiency.

Mindy Long | Special to Transport Topics
December 3, 2021

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