FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.
September 16, 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 Intermodal/Drayage Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | J.B. Hunt Intermodal | 4,744,636 |
| 2 | Hub Group | 2,166,382 |
| 3 | Schneider | 1,007,800 |
| 4 | XPO | 1,000,000 |
| 5 | Evans Delivery | 684,000 |
| 6 | Swift Intermodal | 455,466 |
| 7 | Universal Intermodal Services | 390,095 |
| 8 | IMC Logistics | 330,025 |
| 9 | RoadOne IntermodaLogistics | 290,000 |
| 10 | ContainerPort Group | 285,000 est |
| 11 | NFI | 282,000 |
| 12 | Forward Air | 217,700 |
| 13 | C&K Holdings | 142,400 |
| 14 | Roadrunner Freight | 132,129 est |
| 15 | C.R. England | 125,000 |
| 16 | Landstar System | 118,305 |
| 17 | TCW | 109,162 |
| 18 | Marten Transport | 90,394 |
| 19 | Duncan and Son Lines | 85,000 est |
| 20 | Cowan Systems | 75,829 |
| 21 | Canada Drayage Inc. | 75,380 |
| 22 | Eagle Systems | 70,190 |
| 23 | ASF Intermodal | 65,000 |
| 24 | Paper Transport | 61,463 |
| 25 | Bison Transport | 52,662 |
| 26 | BPX Logistics | 40,000 |
| 27 | CRST The Transportation Solution | 19,000 |
| 28 | TransAmerica Express Logistics | 15,000 est |
| 29 | Guide Transportation Partners | 14,419 est |
| 30 | Wilson Logistics | 14,000 |
| 31 | National Carriers | 14,000 |
| 32 | Day & Ross | 12,889 |
| 33 | Bay and Bay Transportation | 10,000 |
| 34 | USA Truck | 9,931 est |
| 35 | Supra National Express | 9,557 |
| 36 | Market Express | 9,000 |
| 37 | Dupré Logistics | 5,284 |
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.
104
On the Bubble
Cassens Transport Co.
($251 million), is a motor vehicle hauling carrier based in Edwardsville, Ill.
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
FedEx Tumbles After Pulling Annual Earnings Forecast
Government, Business, Logistics, For-Hire
Hiring for Uncertain Holiday Season Continues
Trucking has started making thousands of hires for the holiday season despite facing a variety of economic headwinds.
September 15, 2022Business, Logistics, For-Hire, TCA
UPS to Hire 100,000 Seasonal Workers Ahead of Holidays
UPS Inc. is staffing up for the holiday shipping season by hiring more than 100,000 seasonal workers — a daunting challenge amid widespread labor shortages.
September 7, 2022Business, For-Hire
ATA Group Advances Trucking Diversity Initiative
A working group formed by American Trucking Associations to advance diversity in the industry has drafted guidelines to help fleets of all sizes foster greater inclusiveness in their ranks, and has now created an award to recognize industry diversity efforts.
August 26, 2022Business, For-Hire
PS Logistics Completes Acquisition, Agreement
PS Logistics announced its refrigerated carrier Purdy Bros. Trucking, based in Loudon, Tenn., completed the acquisition of certain transportation assets of Phoenix Leasing of Tennessee Inc.
August 26, 2022Business, Logistics, For-Hire, TCA
U.S. Xpress Cuts Nondriving Staff, Slows Spending
CHATTANOOGA, Tenn. — U.S. Xpress Enterprises is hitting the brakes on its spending, cutting its nondriving staff by another 5% this month and looking for ways to dispose of extra real estate and trim other expenses to offset rising costs amid signs of a shipping slowdown in some industries.
August 26, 2022Business, Technology, For-Hire, TCA
Covenant Official Says Range Is Biggest Factor in EV Adoption
CHATTANOOGA, Tenn. — The distance a battery-powered tractor-trailer can travel before recharging is “the big holdup” for the adoption of electric trucks, a top official for Chattanooga-based Covenant Logistics said Aug. 23.
August 24, 2022Business, Logistics, For-Hire, TCA
U.S. Xpress Partners With School to Launch Supply Chain Program
High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.
August 24, 2022Business, Logistics, For-Hire
PS Logistics Subsidiary Acquires Noble
DMT Trucking announced Aug. 9 that it has completed its acquisition of the Scottsboro, Ala.-based Noble family of transportation businesses.
August 18, 2022Business, Logistics, For-Hire, Top 100
XPO Posts Strong Q2 Earnings Amid Upcoming Leadership Change
XPO Logistics Inc. on Aug. 4 reported record revenue and net income for the second quarter, part of a busy week for the Greenwich, Conn.-based company.
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