Despite lingering supply chain disruptions and an extremely tight labor market, most of the largest for-hire motor carriers in North America achieved significant revenue gains and higher profits last year. That extraordinary business growth is clearly reflected on the 2022 edition of Transport Topics’ Top 100 For-Hire Carriers list.
June 17, 2022Top 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
2022 Top 100 For-Hire Carriers List Illustrates Growth of Large Fleets
Ryder Expands Freight Brokerage Business
Ryder System Inc. is expanding its freight brokerage business with the addition of new offices, the company announced June 16.
June 17, 2022Firms Leverage Innovations to Manage Supply Chain Disruptions
CHICAGO — Trucking and logistics leaders said their companies’ investments in technology and more flexible service offerings have paid dividends during the supply chain turbulence of the past few years.
FedEx Boosts Dividend, Shakes Up Board
FedEx Corp. boosted its dividend and announced board changes in coordination with activist investor D.E. Shaw & Co., shaking up the courier just two weeks into the tenure of new CEO Raj Subramaniam.
Schneider Acquires deBoer Transportation
Schneider National announced June 7 that it has closed an acquisition on fellow Wisconsin-based carrier deBoer Transportation, a regional and dedicated carrier headquartered in Blenker.
June 8, 2022XPO, Google Cloud Collaborate to Improve Supply Chains
XPO Logistics Inc. and Google Cloud joined forces on a multiyear collaboration to improve supply chains, the companies announced June 6.
June 7, 2022XPO’s SEC Filing Advances Spinoff of Brokerage Platform
XPO Logistics Inc. has filed a confidential Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spinoff of its tech-enabled brokered transportation platform, the company announced.
June 6, 2022FedEx-Backed Freightos to Go Public
Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.
Trailer Manufacturers, Suppliers Aim to Help Fleets Curb Fuel Costs
Fleets and shippers have found that monitoring trailer performance plays an important role in achieving optimal fuel savings.
IndiGo Founder Partners With UPS for Logistics Venture
The biggest shareholder of India’s largest airline, IndiGo, teamed up with UPS Inc. to tap the South Asian nation’s growing logistics market.