2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
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.
Rankings
Rank Company Revenue (000)
1 Forward Air 804,100
2 Roadrunner Freight 672,965
est
3 XPO 477,300
4 ArcBest 252,000
5 Landstar System 121,485
6 LoadOne 108,000
est
7 Magnate Worldwide 73,000
8 Averitt Express 12,236
est
9 Sameday Worldwide 9,046
Extras
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
104

On the Bubble

Cassens Transport Co. ($251 million), is a motor vehicle hauling carrier based in Edwardsville, Ill.
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.
For-Hire News
Business, Technology, Equipment, Logistics, For-Hire

Cummins Invests in Jamestown Plant for Fuel-Agnostic Engine

LAKEWOOD, N.Y. — Cummins Inc. is readying a $452 million investment in its 1 million-square-foot Jamestown Engine Plant to produce a fuel-agnostic internal combustion engine platform.

Michael Freeze | Features Editor
May 24, 2023
Business, Logistics, For-Hire

Impact of a Potential UPS Strike Looms Large

Like many UPS customers, Jessica Ray relies on deliveries of dog food and just about everything else for her home. Contentious labor negotiations at UPS could disrupt that comfort zone.

Matt Ott and Haleluya Hadero | Associated Press
May 23, 2023
Business, Technology, Logistics, For-Hire

Schneider Debuts Transportation-Focused Innovation Center

Schneider National has opened a new facility aimed at spurring innovation in the transportation sector, the company announced May 17.

May 22, 2023
Government, Business, Logistics, For-Hire

Transportation Labor Gets Biden Administration Attention

Transportation leaders from government and industry are closely watching labor negotiations, including pending contracts with workers from both UPS Inc. and Yellow Corp.

Dan Ronan | Senior Reporter
May 18, 2023
Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts Corporate Staff Ahead of Knight-Swift Deal

After losses widened in Q1, U.S. Xpress has cut its corporate staff for the third time in the past year as the trucking giant prepares to merge with the larger Knight-Swift Transportation.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
May 12, 2023
Business, Logistics, For-Hire, TCA

XPO Confirms Job Cuts to Reduce Labor Costs

GREENWICH, Conn. — XPO, one of the world’s largest freight transporters, is reducing its workforce as part of a cost-cutting plan.

Paul Schott | The Advocate (Stamford, Conn.)
May 9, 2023
Government, Business, Technology, For-Hire

ATA Leadership Touts Wins on Federal, State Levels

HOLLYWOOD, Fla. — The trucking industry is scoring wins on the national and state levels, said American Trucking Associations President Chris Spear at the Mid-Year Management Session.

Dan Ronan | Senior Reporter
May 9, 2023
Government, Business, Fuel, For-Hire

Diesel Tumbles 9.6¢ to $3.922 a Gallon

The national average price for a gallon of diesel tumbled 9.6 cents — its largest drop of the year — to reach $3.922,  according to Energy Information Administration data released May 8.

Keiron Greenhalgh | Staff Reporter
May 8, 2023
Government, Logistics, For-Hire

Yellow Reports Q1 Loss

Less-than-truckload carrier Yellow Corp. announced first-quarter earnings May 3 that missed Wall Street revenue and income expectations.

Dan Ronan | Senior Reporter
May 4, 2023
Business, Technology, Fuel, Logistics, For-Hire

Ryder Introduces Electric Vehicle Service

ANAHEIM, Calif. — Ryder System Inc. has introduced an electric vehicle program that includes advisers, electric vehicle leasing, vehicle charging, telematics and maintenance services.

Seth Clevenger | Managing Editor, Features and Multimedia
May 2, 2023
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