Schneider experienced an 18% year-over-year drop in fourth-quarter earnings, the company reported Feb. 2.
February 2, 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
Schneider Reports 18% Earnings Decline for Q4
Landstar System Reports Revenue Decline for Q4
Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Feb. 1.
FedEx to Cut Management Jobs by More Than 10%
FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery.
FedEx Implementing Ranking System for Delivery Contractors
FedEx Corp. is rolling out a new system for evaluating its delivery contractors that rank them like Olympic medal winners.
Covenant Sees Year-End Slowdown
Covenant Logistics Group Inc. saw a 35% year-over-year decline in earnings amid marginal revenue improvements during the fourth quarter of 2022, the company reported Jan. 25.
Marten Transport Reports 16th Consecutive Profitable Quarter
Marten Transport reported higher fourth-quarter earnings, marking its 16th consecutive year-over-year increase.
Former USA Truck CEO James Reed Joins Kodiak
Former USA Truck CEO James Reed has joined autonomous truck technology company Kodiak Robotics, the company announced Jan. 19.
January 23, 2023Wabash Inks Long-Term Agreements With Key Carrier, Supplier
Wabash announced two long-term agreements, one with a carrier to create an extended backlog and one with a supplier to enhance supply surety.
Roadrunner Notches Gains in Transit Times
Roadrunner implemented another round of transit time improvements across its network as part of an ongoing, multiyear process to improve business operations, the company announced Jan. 5
FedEx Profit Tops Estimates as Higher Prices Offset Decline in Shipments
FedEx Corp. on Dec. 20 reported fiscal-year, second-quarter income that beat Wall Street expectations and revenue that fell below expectations.