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 J.B. Hunt Intermodal 5,453,500
2 Hub Group 2,391,500
3 Evans Delivery 1,225,000
4 Schneider 1,100,000
5 IMC Logistics 982,600
6 Universal Intermodal Services 473,100
7 NFI 465,500
8 Swift Intermodal 458,900
9 Forward Air 289,200
10 ContainerPort Group 287,000
11 ITS Logistics 203,700
12 Landstar System 160,000
13 C.R. England 137,100
14 Duncan and Son Lines 112,000
15 Marten Transport 102,200
16 Bison Transport 87,300
17 Cowan Systems 84,000
18 Canada Drayage Inc. 80,000
19 TCW 73,400
20 Paper Transport 57,900
21 BPX Logistics 52,000
22 R&R Family of Cos. 41,100
23 Day & Ross 22,300
24 Barnes Transportation Services 10,000
25 Quantix Supply Chain Solutions 9,500
26 Dupré Logistics 4,200
27 McCollister's Global Services 4,000
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, Fuel, Logistics, For-Hire

Ryder Introduces Electric Vehicle Service

ANAHEIM, Calif. — Ryder System Inc. has introduced an electric vehicle program that includes advisers, electric vehicle leasing, vehicle charging, telematics and maintenance services.

Seth Clevenger | Managing Editor, Features and Multimedia
May 2, 2023
Business, Equipment, For-Hire

Forward Air Reports Revenue and Earnings Decline for Q1

Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Technology, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Equipment, For-Hire, TCA

Penske to Acquire Michigan-Based Star Truck Rentals

Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.

Daniel Urie | Pennlive.com
May 1, 2023
Business, Logistics, For-Hire

Hub Group Reports Revenue and Earnings Decline for Q1

Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, For-Hire

Universal Logistics Reports Weaker Q1 Amid Softening Market

Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, For-Hire

Landstar Reports Revenue and Earnings Decline for Q1

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.

Connor D. Wolf | Staff Reporter
April 27, 2023
Business, Equipment, Logistics, For-Hire

Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices

Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Business, Equipment, For-Hire

Wabash Q1 Profit Jumps as Sales, Order Backlog Soar

Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Business, Logistics, For-Hire

TFI Reports Lower Income, Revenue

TFI International profits slid year-over-year in the three months ending March 31, with its top executive saying April 26 that conditions in the quarter were tougher than expected.

Keiron Greenhalgh | Staff Reporter
April 26, 2023
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