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, Equipment, Logistics, For-Hire

NFI Ramps Up Battery-Electric Truck Deployment in California

NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.

April 18, 2023
Business, Logistics, For-Hire, TCA

UPS, Teamsters Poised for Massive Contract Talks

High-stakes negotiations could start April 17 between the Teamsters and package delivery giant UPS that could have far-reaching reverberations.

Kelly Yamanouchi | The Atlanta Journal-Constitution
April 14, 2023
Business, Equipment, Logistics, Breaking News, For-Hire

FedEx to Merge Ground, Express Units

FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.

Dan Ronan | Senior Reporter
April 5, 2023
Business, Logistics, For-Hire

Penske Announces Kris-Way Truck Leasing Acquisition

Penske Truck Leasing announced March 30 that it has reached an agreement to acquire Kris-Way Truck Leasing Inc.

April 3, 2023
Business, Logistics, For-Hire

RXO Opens New Cross-Border Facility in Texas

RXO celebrated the grand opening of its newest cross-border facility in Laredo, Texas, the company announced March 29.

Connor D. Wolf | Staff Reporter
March 29, 2023
Business, Equipment, For-Hire

February Trailer Orders Down 2.6% Year-Over-Year

U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.

Connor D. Wolf | Staff Reporter
March 22, 2023
Business, Technology, Equipment, Logistics, Breaking News, For-Hire

Knight-Swift Agrees to Acquire U.S. Xpress

Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.

Connor D. Wolf | Staff Reporter
March 21, 2023
Business, Logistics, For-Hire, Global Freight

FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective

FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.

Thomas Black | Bloomberg News
March 17, 2023
Government, Business, Logistics, For-Hire

New UPS Distribution Center in N.C. to Create 60 Driver Jobs

Some 60 new truck driver jobs are coming to southeastern North Carolina in the largest business venture there in 40 years thanks to a new UPS distribution center.

Noël Fletcher | Staff Reporter
February 27, 2023
Business, Equipment, For-Hire

January Net Trailer Orders Drop 58% Following Year-End Surge

U.S. trailer orders in January decreased 9% year-over-year to 24,300 from 26,595 a year earlier, reported ACT Research. This comes a month after net trailer orders reached their second-highest level on record at 57,300. Also, orders dropped 58% from near-record results the prior month.

Connor D. Wolf | Staff Reporter
February 23, 2023
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