2016 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in the U.S. and Canada
Up Front
Learn how to be included in the 2017 Top 100 For-Hire Carriers listing.
Find out where the carriers are by regions in North America.
TT’s Dan Bearth hosted a livestream panel discussion on the disruptive influences affecting trucking.
Rankings
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
Extras
North America’s for-hire carriers face an onslaught of regulations and potential disruption from technologies.
104

On the Bubble

Wilson Trucking Corp. is a less-than-truckload carrier based in Fishersville, Virginia.
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For-Hire News
Business, Logistics, For-Hire

Estes Eyes 12% Terminal Door Total Increase in 2024

Estes Express Lines expects the number of terminal doors in the less-than-truckload carrier’s portfolio to jump more than 12% in 2024 to a total exceeding 12,750.

Keiron Greenhalgh | Staff Reporter
July 30, 2024
Business, For-Hire

Saia Lifts Target for 2024 Terminal Openings to 21

Saia could open a large batch of terminals in 2024 as profits and revenue grow at the less-than-truckload carrier, largely on the back of facilities acquired from the estate of Yellow Corp.

Keiron Greenhalgh | Staff Reporter
July 30, 2024
Business, For-Hire, Top 100

TFI Eyes Large Truckload, LTL Acquisitions in 2025, 2026

TFI International’s ongoing acquisition spree is set to accelerate in 2025, with substantial truckload and less-than-truckload deals on the horizon, according to CEO Alain Bédard.

Keiron Greenhalgh | Staff Reporter
July 30, 2024
Government, Business, Technology, Safety, Logistics, For-Hire, Private, Global Freight

FAA Clears Drone Companies to Operate in Shared Airspace

The FAA has cleared Wing and Zipline to fly their drones simultaneously over the suburbs of Dallas-Fort Worth without visual observers, using technology to keep the drones apart.

Allyson Versprille | Bloomberg News
July 30, 2024
Business, Logistics, For-Hire

Saia Q2 Profit, Revenue Rise on Former Yellow Facilities

Profits and revenues at Saia Inc. jumped in the second quarter of 2024 as the carrier continued to benefit from the collapse of erstwhile less-than-truckload rival Yellow Corp.

Keiron Greenhalgh | Staff Reporter
July 29, 2024
Business, For-Hire

TFI to Put LTL, Truckload Units on Diets as Q2 Profit Falls

TFI International is cutting costs across both its Less-Than-Truckload and Truckload businesses amid what CEO Alain Bédard described as a stubbornly lackluster freight environment.

Keiron Greenhalgh | Staff Reporter
July 26, 2024
Business, Equipment, Logistics, For-Hire, Top 100

Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gains

Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period.

Keiron Greenhalgh | Staff Reporter
July 26, 2024
Business, Logistics, For-Hire, Top 100

Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize

Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.

Connor D. Wolf | Staff Reporter
July 25, 2024
Business, Logistics, For-Hire

Covenant Logistics Reports Nearly 5% Revenue Rise for Q2

Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 25, 2024
Business, For-Hire

Old Dominion Posts Third Straight Quarter of Revenue Growth

Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 24, 2024
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