The company reported third-quarter net income of $13 million, or 94 cents per share, compared with $13.5 million, 99 cents, in the year-ago period.
October 29, 2024Sponsored by:
2017 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
The nation’s top for-hire carriers are taking steps to shore up capacity in anticipation of increasing demand for freight hauling and a tighter market for drivers.
Find out what carriers are doing to prepare for what looks like increased demand for freight hauling this year and next.
Rankings
Top 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 | 6,352,000 |
| 2 | Yellow Corp. | 4,697,500 |
| 3 | XPO | 3,445,300 |
| 4 | Old Dominion Freight Line | 2,991,517 |
| 5 | UPS Inc. | 2,736,000 |
| 6 | Estes Express Lines | 2,400,000 |
| 7 | ABF Freight | 1,916,394 |
| 8 | R+L Carriers | 1,429,000 |
| 9 | Saia Inc. | 1,218,481 |
| 10 | Southeastern Freight Lines | 975,884 |
| 11 | Averitt Express | 717,000 est |
| 12 | Central Transport | 703,000 est |
| 13 | TFI International | 610,263 |
| 14 | AAA Cooper Transportation | 518,000 est |
| 15 | Dayton Freight Lines | 489,277 |
| 16 | Roadrunner Freight | 461,000 |
| 17 | New England Motor Freight | 398,000 |
| 18 | Pitt Ohio | 397,000 est |
| 19 | A. Duie Pyle | 290,000 est |
| 20 | Day & Ross Freight | 249,673 |
| 21 | Autotransportes de Carga Tresguerras | 217,000 |
| 22 | Transportes Castores de Baja California | 207,200 |
| 23 | Central Freight Lines | 206,000 |
| 24 | Daylight Transport | 195,000 |
| 25 | Oak Harbor Freight Lines | 194,000 |
| 26 | Carlile | 180,000 |
| 27 | Ward Trucking | 153,000 |
| 28 | Forward Air | 148,600 |
| 29 | Wilson Logistics | 141,800 |
| 30 | Lakeville Motor Express | 126,000 |
| 31 | Celadon Group Inc. | 125,000 |
| 32 | Fastfrate Group | 111,371 |
| 33 | TransX Group of Companies | 97,446 |
| 34 | Midwest Motor Express | 95,400 |
| 35 | Servicio de Transportacion Jaguar | 88,800 |
| 36 | Transportadora Hercel / Transportadores Unidos (Grupo Transportes) | 84,900 |
| 37 | Dependable Highway Express | 77,373 |
| 38 | Landstar System | 74,530 |
| 39 | Transportes Comandos del Norte | 59,200 |
| 40 | Anderson Trucking Service | 53,310 |
| 41 | Transportes de Carga FEMA | 52,300 |
| 42 | Autotransportes de Carga El Duero / Fletes El Duero | 41,400 |
| 43 | Transportes del Valle | 40,500 |
| 44 | Transportes Leon-Mexico | 33,500 |
| 45 | Fletes y Materiales Forsis | 29,400 |
| 46 | Spee-Dee Delivery Service | 14,000 |
Extras
About Us: Transport Topics' Top 100 For-Hire Carriers
105
On the Bubble
Transportes Castores de Baja California
($207 million), Headquartered in the historic town of Leon in the central state of Guanajuata, this Mexican fleet provides less-than-truckload and parcel delivery services throughout the country with a fleet of 450 tractors, 180 straight trucks and 650 trailers.
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For-Hire News
Business, Logistics, For-Hire, Top 100
Covenant's Q3 Net Income and Revenue Take Slight Dips
Business, For-Hire
Saia Reports Q3 Revenue Growth Amid Network Expansion
Saia Inc. reported Oct. 25 that it was able to post record-high third-quarter revenue amid an ongoing effort to expand its operational footprint.
October 25, 2024Business, Logistics, For-Hire, Global Freight, TCA
Anchorage’s International Airport Adds 5 Carriers
The Ted Stevens Anchorage International Airport has added five new international cargo carriers to its lineup this year, setting the stage for continued growth.
October 25, 2024Business, Logistics, For-Hire, Top 100
Ryder Q3 Profit Slides Even as Acquisitions Boost Revenue
Looking forward, Chief Financial Officer John Diez said Ryder expects earnings growth in the fourth quarter as a result of its contractual portfolio.
October 24, 2024Business, Logistics, For-Hire, Top 100
Mullen Group Q3 Earnings Dip Despite Revenue Growth
The Okotoks, Alberta-based company posted net income of C$38.3 million, or 41 cents a diluted share, for the three months ending Sept. 30.
October 24, 2024Business, For-Hire
Knight-Swift Reports Nearly $1.9B in Revenue for Q3
Knight-Swift Transportation Holdings experienced a 49.4% decline in earnings year over year during the third quarter of 2024, the company reported Oct. 23.
October 24, 2024Business, For-Hire
UPS Sees Profit Growth for First Time in Nearly Two Years
UPS Inc. posted a year-over-year increase in revenue during the third quarter of 2024 despite challenging market conditions, the company reported Oct. 24.
October 24, 2024Government, Business, Logistics, For-Hire, TCA
Lynden Transport Selected to Deliver Capitol Christmas Tree
Lynden Transport will carry the Capitol Christmas Tree from Alaska to the nation’s capital later this year.
October 22, 2024Business, Logistics, For-Hire, Private, Global Freight
Walmart Challenges Amazon With Prescription Delivery
Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.
October 22, 2024Business, Technology, Logistics, For-Hire, Private, Global Freight
Consumers Switch to Slower Shipping, Squeezing UPS, FedEx
More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.
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