Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.
July 27, 2022Sponsored by:
2017 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
The nation’s top for-hire carriers are taking steps to shore up capacity in anticipation of increasing demand for freight hauling and a tighter market for drivers.
Find out what carriers are doing to prepare for what looks like increased demand for freight hauling this year and next.
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 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 |
Extras
About Us: Transport Topics' Top 100 For-Hire Carriers
106
On the Bubble
Groendyke Transport
($206 million), Founded in 1932 by Harold Groendyke and now headed by his son John Groendyke, this family-owned carrier based in Enid, Okla., operates a fleet of 913 company-owned tractors and 1,693 tank truck trailers.
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For-Hire News
Business, Logistics, For-Hire, Top 100
ODFL Reports Profit, Revenue Records for Second Quarter
Business, Equipment, Logistics, For-Hire
Used Class 8 Prices Continue Slide in June, but Remain High
The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.
July 27, 2022Business, Logistics, For-Hire
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 2022Business, For-Hire
Covenant Logistics Reaches $317M Revenue by Overcoming Q2 Headwinds
Covenant Logistics Group Inc. reported second-quarter revenue and earnings growth July 25, despite market headwinds.
July 26, 2022Business, Technology, Autonomous, For-Hire
10 Roads Express Launches Autonomous Route Using Kodiak Tech
The 10 Roads Express company launched an autonomous truck route in partnership with Kodiak Robotics, a driverless trucking company, they announced July 26.
July 26, 2022Business, For-Hire
FedEx Reduces US Sunday Deliveries in Some Rural Areas
FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.
July 22, 2022Business, Logistics, For-Hire, Top 100
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
July 21, 2022Business, Technology, Logistics, For-Hire
J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
July 20, 2022Business, Logistics, For-Hire
J.B. Hunt Reports Q2 Revenue Jump to $3.84 Billion
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, 2022Business, 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.
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