Profits at TFI International fell 17.1% year-over-year in the first quarter of 2024 on the back of what CEO Alain Bédard said was a particularly weak freight environment.
April 26, 2024Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Truckload/Dedicated Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | Knight-Swift Transportation | 3,471,064 |
2 | Landstar System | 2,791,494 |
3 | J.B. Hunt Transport Services | 2,580,506 |
4 | Schneider | 2,268,000 |
5 | Werner Enterprises | 1,881,323 |
6 | TFI International | 1,843,687 |
7 | U.S. Xpress Enterprises | 1,600,000 |
8 | Ryder Dedicated Transportation Solutions | 1,333,313 |
9 | CRST The Transportation Solution | 1,011,000 |
10 | Penske Logistics | 919,000 est |
11 | Crete Carrier Corp. | 860,000 |
12 | Celadon Trucking Services | 762,000 est |
13 | Mullen Group | 674,027 |
14 | Ruan | 648,539 |
15 | Cardinal Logistics | 648,000 |
16 | Heartland Express | 610,803 |
17 | Covenant Logistics Group | 591,900 |
18 | Canada Cartage System | 501,659 |
19 | Universal Truckload | 434,834 |
20 | P.A.M. Transport | 426,609 |
21 | Western Express | 406,831 |
22 | Dart Transit Co. | 384,336 |
23 | Mesilla Valley Transportation | 383,950 |
24 | Bison Transport | 372,387 |
25 | NFI | 369,000 |
26 | USA Truck (DB Schenker) | 347,729 |
27 | Hub Group Dedicated | 292,857 |
28 | Cowan Systems | 292,572 |
29 | Challenger Motor Freight | 285,000 |
30 | Black Horse Carriers | 277,000 |
31 | Paschall Truck Lines | 259,000 |
32 | Day & Ross Freight | 256,161 |
33 | Martin Transportation Systems | 255,199 |
34 | Wilson Logistics | 250,000 |
35 | Evans Delivery | 245,606 |
36 | Roehl Transport | 237,681 |
37 | Southeastern Freight Lines | 228,067 |
38 | Marten Transport | 223,852 |
39 | Anderson Trucking Service | 217,180 |
40 | C.A.T. Inc. | 208,382 |
41 | Forward Air | 192,600 |
42 | Auto Lineas America | 191,100 |
43 | Averitt Express | 181,096 |
44 | Transportistas Unidos Mexicano | 158,800 |
45 | Stan Koch & Sons Trucking | 158,225 |
46 | Brown Trucking Co. | 155,000 |
47 | Transportadora Nacional | 153,300 |
48 | Pitt Ohio Transportation Group | 148,283 |
49 | Transportes Cuauhtemoc | 143,300 |
50 | Paper Transport | 142,882 |
51 | Titanium Transportation Group | 142,780 |
52 | Red Classic | 138,000 |
53 | Mercer Transportation Co. | 137,008 |
54 | G&D Integrated | 130,700 |
55 | Legend Transportation | 127,000 |
56 | Artur Express | 125,950 |
57 | Trans-Mex Inc. | 125,000 |
58 | A.D. Transport Express | 120,000 |
59 | AAA Cooper Transportation | 119,000 |
60 | Cargo Transporters | 116,719 |
61 | Auto Lineas Regiomontanas | 109,900 |
62 | Kriska Transportation | 102,625 |
63 | Raven Transport | 102,000 est |
64 | System Freight | 99,249 |
65 | CalArk | 96,292 |
66 | J. Rayl Transport | 93,000 |
67 | Titan Transfer | 84,967 |
68 | Express Tres Fronteras | 80,000 |
69 | TransAmerica Express Logistics | 80,000 |
70 | Transportes Quintanilla | 73,400 |
71 | Transportes Especializados Antonio de la Torre e Hijos | 69,000 |
72 | Transportes de Nuevo Laredo | 65,600 |
73 | American Central Transport | 65,000 |
74 | Halvor Lines | 62,422 |
75 | Highlight Motor Group | 61,335 |
76 | Fleetmaster Express | 61,000 |
77 | Transportes Lar-Mex | 60,100 |
78 | Fletes Internacionales Coss | 57,800 |
79 | Transportes Lopez e Hijos | 48,900 |
80 | TRACOMEX | 47,700 |
81 | Transportes Elola | 44,400 |
82 | Transportes Internacionales JCV | 43,300 |
83 | Transportes Canales | 41,100 |
84 | A. Duie Pyle Inc. | 40,900 |
85 | Market Express | 40,815 |
86 | Alabama Motor Express | 37,500 |
87 | Centauros del Sureste | 35,700 |
88 | Transportes Unidos Tampiquenos | 35,600 |
89 | Wright Transportation | 35,400 |
90 | Autotransportes Rapidos de Aguascalientes | 35,400 |
91 | Grupo GOR | 35,200 |
92 | Blackhawk Transport | 32,482 |
93 | Autotransportes Dasa | 32,200 |
94 | Dupré Logistics | 28,318 |
95 | Atlas World Group | 24,500 |
96 | Meiborg Inc. | 24,000 |
97 | TGR Logistics | 23,000 |
98 | Schuster Co. | 20,800 |
99 | Transport Investments | 18,476 |
100 | IMC Cos. | 18,428 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Extras
On the Bubble
TFI Profit Falls 17.1% on ‘Worse Than Expected’ Market
Intermodal Chassis Manufacturers Pull Back on Output
Intermodal chassis manufacturers are scaling back production as a result of weak demand as well as a supply overhang, company executives said.
Top 100 For-Hire Carriers: How to Get on the List
Find out how your trucking business stacks up by submitting data for the 2024 Transport Topics Top 100 For-Hire Carriers publication.
April 25, 2024Knight-Swift Reports Earnings Drop Amid Revenue Growth
Knight-Swift Transportation Holdings saw its first-quarter bottom-line results swing from a profit to a loss.
Mullen Group Reports Lower Revenue for Q1
Mullen Group experienced a decrease in revenue and earnings during the first quarter of 2024, the company reported April 25.
Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO
Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.
ODFL Reports Q1 Revenue and Earnings Growth
Old Dominion Freight Line experienced growth in revenue and earnings for the first quarter of 2024, the company reported April 24.
UPS Reports 41% Earnings Drop During Q1
UPS Inc. experienced a 41.3% drop in earnings during the first quarter of 2024, the company reported April 23.
Five Auto Haulers to Merge as Backer Files for IPO
Five auto carriers look set to merge, with the combined entity likely to then add to its assets by buying up competitors, if an initial public offering pans out as planned.
J.B. Hunt Reports $2.9 Billion Revenue for Q1
J.B. Hunt Transport Services Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 16.