FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.
September 19, 2024Top 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 |
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
FedEx Cuts Forecast After Tough Quarter for Deliveries
USDOT Praises Trucking’s Efforts in New Trafficking Report
The report, three years in the making and made public on Sept. 6, lauds the trucking industry for its efforts to join the fight at high-level federal and state government agencies.
Efficiency Is Key as Freight Carriers Wait for Market Uptick
As carriers await an upturn in the freight environment, executives say they continue to seek efficiencies and prepare their fleets for when the tipping point comes.
Generative AI Driving Freight Brokerage Transformation
Efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations.
USPS to End Discounts for Consolidators Including UPS, DHL
The U.S. Postal Service said Sept. 11 that it is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps.
UPS to Acquire German Cold Chain Company
UPS is acquiring a German firm that specializes in temperature-sensitive shipping to expand its health care logistics capabilities in Europe, the company announced Sept. 10.
UPS to Lay Off More Employees to Boost Profitability
UPS Inc. is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.
Michigan to Allow Hazardous Transport on Ambassador Bridge
The decision, repealing measures in place since 2014, follows a six-month review of input from the public, law enforcement and first responders.
Yellow Submits Final Chapter 11 Plan, Seeks Creditor Deal
The administrators are disputing the size of withdrawal liability claims from Central States Pension Fund and other multiemployer pension funds.
Truck Driver Pay Drops 7.4% in Q2 as Freight Keeps Slumping, Reports Say
The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.