Ryder System Inc. is to buy IFS Holdings, also known as Impact Fulfillment Services (IFS), for an undisclosed sum, the Miami-based company said Oct. 23.
October 24, 2023Top 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 Less-Than-Truckload Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | FedEx Freight | 6,170,000 |
2 | Yellow Corp. | 4,832,400 |
3 | XPO | 3,600,000 |
4 | Old Dominion Freight Line | 2,972,442 |
5 | UPS Inc. | 2,881,000 |
6 | Estes Express Lines | 2,367,000 |
7 | ABF Freight | 1,918,450 |
8 | R+L Carriers | 1,429,000 est |
9 | Saia Inc. | 1,221,311 |
10 | Southeastern Freight Lines | 955,052 |
11 | Averitt Express | 702,000 |
12 | TFI International | 691,014 |
13 | AAA Cooper Transportation | 595,368 |
14 | Roadrunner Freight | 516,251 |
15 | Dayton Freight Lines | 452,817 |
16 | Pitt Ohio | 396,000 |
17 | New England Motor Freight | 388,000 |
18 | A. Duie Pyle | 281,554 |
19 | Day & Ross Freight | 270,148 |
20 | Central Freight Lines | 205,000 |
21 | Daylight Transport | 192,000 est |
22 | Oak Harbor Freight Lines | 186,974 |
23 | Ward Trucking | 166,944 |
24 | Watkins & Shepard Trucking | 159,000 est |
25 | Wilson Logistics | 147,550 |
26 | Forward Air | 129,988 |
27 | Lakeville Motor Express | 120,000 est |
28 | Fastfrate Group | 103,171 |
29 | Midwest Motor Express | 93,000 est |
30 | TransX Group of Companies | 92,859 |
31 | Landstar System | 80,687 |
32 | Dependable Highway Express | 75,000 est |
33 | Anderson Trucking Service | 54,096 |
34 | Atlas World Group | 38,178 |
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
Ryder to Buy Impact Fulfillment Services
Fleets Learn to Utilize In-Cab Technology
Some fleet operators are finding the right balance between software use and customization to map better routes, save money and simplify a wide array of functions.
Roadrunner Offers Free LTL Delivery on Late Shipments
Roadrunner is now offering free less-than-truckload freight delivery if the shipment does not arrive on the promised date, it said.
Knight-Swift Reports 69% Earnings Drop in Q3
Knight-Swift Transportation Holdings Inc. on Oct. 19 reported that its third-quarter earnings dropped by 69% year-over-year, even as revenue increased.
Mullen Group Reports Mixed Q3 Results
Mullen Group posted an increase in earnings despite a decline in overall revenue during the third quarter, the company reported Oct. 19.
Marten Revenue Nears $280 Million Amid Tough Q3 Market
Marten Transport experienced a decline in revenue and earnings amid tough market conditions during the third quarter, the company reported Oct 18.
Autonomous Trucks Could Create Safer Roads, Better Jobs
AUSTIN, Texas — Autonomous truck developers and their industry partners see opportunities for this technology to improve road safety and create more desirable jobs for drivers.
Yellow Aims to Appoint Auction Houses for Rolling Stock Sale
The administrators of Yellow Corp. aim to use auction houses to sell off the bankrupt less-than-truckload carrier’s rolling stock, according to court filings.
J.B. Hunt Q3 Profit Slides 30.4% Year-Over-Year
J.B. Hunt Transport Services posted a 30.4% year-over-year decrease in profits in the third quarter, undershooting analyst expectations as revenues declined at each of the carrier’s operating units.
Yellow Extends Bid Deadline for Trucks, Trailers
Yellow Corp. has rescheduled the bid deadline for its fleet of trucks and trailers, according to court documents related to the shuttered carrier’s ongoing bankruptcy proceedings.