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.
July 25, 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
Covenant Logistics Reports Nearly 5% Revenue Rise for Q2
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.
Gaining Driver Buy-In Is Key to Deploying Dashcams
CHICAGO — Fleet operators are increasingly embracing the use of dash cameras, but successfully deploying these in-cab systems hinges on driver acceptance of the technology.
UPS Discusses Acquisition of Parcel Carrier in Mexico
The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.
Urban Delivery Hubs Present Solutions to Final-Mile Shipping
An evolving concept to address the issue of final-mile delivery is the urban delivery hub.
UPS Boosts Volume in US for First Time Since 2022
UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge.
XPO Launches Cross-Border Expansion Into Mexico
XPO launched a new service aimed at expanding its cross-border services between the U.S. and Mexico, the company announced July 17.
Freight Recession Still Squeezing Marten’s Profits, Margins
Profits and margins at Marten Transport continued to weaken in Q2 of 2024, dented by the ongoing industrywide supply-demand imbalance, higher costs and softer freight rates.
J.B. Hunt Reports $2.9 Billion in Revenue for Q2
J.B. Hunt Transport Services reported that second-quarter net income declined on revenue that fell just short of $3 billion.
Leonard’s Express Eyes Planning Boost With Optimal Dynamics
Leonard’s Express will begin deploying Optimal Dynamics’ load planning and dispatch software starting in August, executives said July 16.