Ryder System Inc. is set to buy Pit Stop Fleet Service for an undisclosed sum, it said July 15. The deal is expected to close by Aug. 1.
July 16, 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
103
On the Bubble
PGT Holdings
($214 million), Patrick Gallagher is chairman and CEO and Gregg Troian is president of this flatbed/heavy specialized carrier based in Monaca,Penn. The company has a fleet of 560 company-owned tractors and another 460 tractors provided by owner operators. A subsidiary called Southern Pines Trucking provides cyrogenic transportation services.
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For-Hire News
Business, Logistics, For-Hire
Ryder Buys Mobile Maintenance Firm Pit Stop Fleet Service
Equipment, Safety, For-Hire
Are Air Disc Brakes Worth It?
In choosing brake systems for a commercial fleet, there’s no wrong answer whether air disc brakes are a right fit versus drum brakes. There are plenty of advantages for both.
July 12, 2024Government, Business, Equipment, For-Hire
Federal Maritime Commission Reopens Port Chassis Probe
The Federal Maritime Commission has opened a follow-up investigation involving the right of motor carrier choice in chassis provisioning.
July 11, 2024Business, Logistics, For-Hire
UPS Names Brian Dykes New CFO
UPS Inc. named a company veteran to be its new chief financial officer after the parcel giant’s former finance leader left the company last month to focus on his health.
July 9, 2024Government, Business, Safety, Logistics, For-Hire
US Chamber Files Amicus Brief in Werner Verdict
The U.S. Chamber of Commerce has filed a “friend of the court” brief with the Texas Supreme Court asking the court to reject a $100 million lower-court jury verdict against Werner Enterprises.
July 1, 2024Business, Logistics, For-Hire
FedEx’s Strong Profit Forecast Drives Stock Surge
FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year.
June 26, 2024Business, For-Hire
TFI Inks Fifth ’24 Takeover With Tank Truck Carrier Purchase
TFI International acquired Entreposage Marco Inc. for an undisclosed sum, its fifth takeover in 2024 and second of a food-grade liquids hauler, the company announced in a LinkedIn post.
June 24, 2024Business, Logistics, For-Hire, Global Freight
UPS to Sell Coyote Logistics to RXO
UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.
June 24, 2024Business, For-Hire
Interactive Map: Where the 2024 Top 100 For-Hire Carriers Are in North America
Find out where the 2024 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.
June 21, 2024Business, For-Hire, Top 100
A. Duie Pyle Celebrates Centennial Milestone
From the Great Depression to industry deregulation and beyond, A. Duie Pyle has kept trucking, marking a full century of economic cycles and transformations in freight transportation.
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