J.B. Hunt Transport Services Inc. on July 19 posted earnings and revenue growth for the second quarter that was driven by strong segment results.
July 20, 2022
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
Top 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 Air/Expedited Carriers
| 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.
108
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 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, Logistics, For-Hire
J.B. Hunt Reports Q2 Revenue Jump to $3.84 Billion
Business, Logistics, For-Hire, Top 100
Marten Reports Record-Breaking Results for Q2
Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.
July 19, 2022Business, Logistics, For-Hire
UPS Expands Cargo Services in India to Seize Airfreight Boom
UPS Inc. opened a second airport cargo-handling facility in India to capture soaring pandemic-driven demand for airfreight.
July 19, 2022Business, Logistics, For-Hire, Top 100
Trucking Faces Pressure to Prepare for Holidays Early
Supply chain pressures are forcing trucking to get an early start to the holiday shipping season despite a shift of underlying conditions within the industry.
July 18, 2022Business, Logistics, For-Hire
Averitt Announces Pay Increases for Drivers
Cookeville, Tenn.-based Averitt Express announced July 13 it was raising pay for its less-than-truckload drivers as well as providing a new guaranteed weekly minimum for its regional and flatbed drivers and a shorter waiting period in receiving benefits coverage for its new hires.
July 13, 2022Business, Logistics, For-Hire, Top 100
XPO Names New Tech Brokerage Company RXO
XPO Logistics’ new tech-enabled brokerage platform that is set to begin operations in the fourth quarter will be called RXO, the company announced July 12.
July 12, 2022Business, Logistics, For-Hire
J.B. Hunt Expedites Overseas Delivery of New Containers
J.B. Hunt Transport Services Inc. has expedited overseas delivery of new containers as part of its commitment to grow intermodal capacity, the company announced June 30.
June 30, 2022Business, Technology, Fuel, Logistics, For-Hire
Hyliion, Cummins Collaborate on Hypertruck ERX
Hyliion Inc. announced it is collaborating with Cummins Inc. to bring Hyliion’s natural gas extended range powertrain to North American trucking on schedule.
June 30, 2022Business, Logistics, For-Hire
FedEx Predicts Profit Growth Under Three-Year Plan
FedEx Corp. expects to grow earnings per share as much as 19% annually over the next three years by targeting “high-value” customers and squeezing more efficiency out of its networks.
June 29, 2022Business, Technology, Logistics, Autonomous, For-Hire
J.B. Hunt, Waymo Add Wayfair to Autonomous Trucking Program
J.B. Hunt Transport Services Inc. and Waymo added the home goods company Wayfair to its autonomous trucking program, the companies announced June 28.
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