TFI International Inc., a Canadian carrier that has been growing through acquisitions, announced plans to purchase flatbed specialist Daseke Inc. for $1.1 billion, including debt.
December 22, 2023Top 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 Intermodal/Drayage Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | J.B. Hunt Intermodal | 3,796,251 |
2 | Hub Group | 2,191,067 |
3 | XPO | 1,500,000 |
4 | Schneider | 757,530 |
5 | California Cartage Co. | 440,000 |
6 | Evans Delivery | 404,000 |
7 | Swift Intermodal | 360,157 |
8 | IMC Logistics | 293,000 |
9 | RoadOne IntermodaLogistics | 175,000 |
10 | Forward Air | 166,000 |
11 | Universal Intermodal Services | 141,381 |
12 | Roadrunner Freight | 134,000 |
13 | Landstar System | 103,721 |
14 | TransX Group of Companies | 84,736 |
15 | Prime Inc. | 84,192 |
16 | Tiger Cool Express | 72,000 |
17 | Marten Transport | 71,490 |
18 | Cowan Systems | 68,070 |
19 | ASF Intermodal | 65,000 |
20 | TCW | 60,996 |
21 | Eagle Systems | 45,882 |
22 | NFI | 32,000 |
23 | Canada Drayage Inc. | 27,918 |
24 | Dart Intermodal | 26,870 |
25 | Celadon Group Inc. | 25,000 |
26 | Bison Transport | 16,061 |
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 to Buy Daseke for $1.1 Billion
Hub Group Buys Forward Air Final-Mile Unit for $262 Million
Hub Group Inc. is set to buy the final-mile unit of Forward Air Corp. for about $262 million in cash, Oak Brook, Ill.-based Hub Group said.
Acceptance Grows for Driver-Assistance Technology
Drivers have had to grow accustomed to driver-assistance technologies such as the lane-assist function as fleets adopt the features for safety and legal reasons.
TMC Transportation Plans $38M South Carolina Campus
Iowa-based flatbed carrier TMC Transportation is consolidating its southeastern U.S. presence via a $38 million investment in its South Carolina operations.
Court Approves Sale of 128 Yellow-Owned Terminals
A Delaware court approved the sale of 128 freight terminals owned by bankrupt less-than-truckload carrier Yellow Corp., according to an audio recording of a Dec. 12 hearing.
Dark Horse Bidder Makes Second Offer for Yellow Assets
Next Century Logistics submitted a second bid for Yellow Corp. assets Dec. 7 after an initial offer to reanimate the bankrupt carrier was turned down by the administrators of Yellow’s assets.
Ryder Reveals First Two Companies in EV Fleet Program
Truck leasing and logistics company Ryder System identified its initial customers Dec. 5 for its RyderElectric+ turnkey electric vehicle fleet program.
Canada Cartage Acquires GTI Group
Canada Cartage Corp. will buy GTI Group for an undisclosed sum, the company said.
Estes Express Says It Is Doing Well Post-Cyberattack
Executives from Estes Express Lines recently shared details and lessons learned about the company’s response after an October cyberattack hampered the carrier’s operations.
Forward Air Files Counterclaim Against Omni on Merger
Forward Air has filed a counterclaim against Omni Logistics in response to a lawsuit Omni filed alleging that Forward has not followed through on a planned merger between the companies.