2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.
The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.
Find out where the Top 100 For-Hire Carriers are based.
Rankings
Rank Company Revenue (000)
1 Forward Air 1,151,244
2 ArcBest 359,900
3 Covenant Logistics Group 337,100
4 Magnate Worldwide 73,000
est
5 Sameday Worldwide 7,400
6 NFI 5,000
Extras
Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.
For-Hire News
Business, Technology, Logistics, For-Hire

J.B. Hunt to Back Freight, Logistics Startup Incubator

The venture aims to launch up to six startups over the next three years, beginning in 2025, to address core strategic challenges within the transportation industry.

Keiron Greenhalgh | Staff Reporter
October 8, 2024
Business, Logistics, For-Hire, Private

Amazon, Target and Other Retailers Ramp Up Holiday Hiring

Retailers are ramping up hiring for the holiday season, but fewer seasonal employees are expected to be taken on this year to help customers in stores and assemble online orders in warehouses.

Haleluya Hadero | Associated Press
October 3, 2024
Business, Logistics, For-Hire

Will a Rise in In-Store Shopping Aid Freight’s Recovery?

In-store shopping was already on the rise as the retail sector reset after the turmoil of the COVID-19 pandemic, and the upcoming holiday season is likely to expedite the trend.

Keiron Greenhalgh | Staff Reporter
September 27, 2024
Business, Logistics, Breaking News, For-Hire

ATA: Trucking Tonnage Rises Again, Hints at Market Recovery

The ATA For-Hire Truck Tonnage Index rose 1.8% to 115.8 from the prior month, and 0.7% compared with August 2023.

Connor D. Wolf | Staff Reporter
September 24, 2024
Business, Technology, Fuel, For-Hire

J.B. Hunt First to Test RNG-Fueled Peterbilt 579-X15N

Multiple motor carriers have lined up to participate in a test of a single Peterbilt tractor powered by a Cummins engine fueled by renewable natural gas.

Keiron Greenhalgh | Staff Reporter
September 23, 2024
Business, For-Hire

CRST Selects New Group President

CRST has appointed Bill Clement as its new group president and chief strategy officer, the carrier announced Sept. 19.

Connor D. Wolf | Staff Reporter
September 23, 2024
Business, Technology, For-Hire

Love’s to Start Taking Payment Through Relay Digital Network

Love’s Travel Stops will begin accepting fuel payment at its facilities through Relay Payments’ digital remuneration system, the companies said Sept. 23.

Keiron Greenhalgh | Staff Reporter
September 23, 2024
Business, Safety, For-Hire, Private, Top 100

ATA Honors Professional Drivers During Weeklong Celebration

Top commercial drivers highlighted the trucking workforce’s role in promoting transportation safety and economic prosperity nationwide at an event near the U.S. Capitol.

Eugene Mulero | Senior Reporter
September 20, 2024
Business, Logistics, For-Hire, Global Freight, Top 100, Top 50

FedEx Cuts Forecast After Tough Quarter for Deliveries

FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.

Cailley LaPara | Bloomberg News
September 19, 2024
Government, Business, Safety, Logistics, For-Hire, Top 100

USDOT Praises Trucking’s Efforts in New Trafficking Report

The report, three years in the making and made public on Sept. 6, lauds the trucking industry for its efforts to join the fight at high-level federal and state government agencies.

Eric Miller | Senior Reporter
September 19, 2024
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