Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.
February 9, 2024Sponsored by:
2018 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
Here’s what North America’s top fleets are doing to get employees of all levels involved in the process of innovation.
In which regions of the country are the 2018 Top 100 For-Hire Carriers concentrated? Check out our interactive map.
Our experts discuss just how intensely for-hire carriers are embracing technology and innovation in a competitive environment.
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 | 6,904,000 |
| 2 | Yellow Corp. | 4,891,000 |
| 3 | XPO | 3,600,000 |
| 4 | Old Dominion Freight Line | 3,358,112 |
| 5 | UPS Inc. | 2,998,000 |
| 6 | Estes Express Lines | 2,740,000 |
| 7 | ABF Freight | 1,993,314 |
| 8 | R+L Carriers | 1,580,000 |
| 9 | Saia Inc. | 1,378,510 |
| 10 | Southeastern Freight Lines | 1,040,423 |
| 11 | Averitt Express | 768,957 |
| 12 | Central Transport | 754,000 |
| 13 | TFI International | 748,175 |
| 14 | Dayton Freight Lines | 558,200 |
| 15 | Pitt Ohio | 555,907 |
| 16 | AAA Cooper Transportation | 548,000 |
| 17 | Roadrunner Freight | 464,000 |
| 18 | New England Motor Freight | 400,500 |
| 19 | A. Duie Pyle | 309,600 |
| 20 | Day & Ross Freight | 278,374 |
| 21 | Central Freight Lines | 266,000 |
| 22 | Autotransportes de Carga Tresguerras | 231,500 |
| 23 | Daylight Transport | 229,000 est |
| 24 | Transportes Castores de Baja California | 221,100 |
| 25 | Oak Harbor Freight Lines | 204,947 |
| 26 | Transportes Julian de Obregon | 173,700 |
| 27 | Ward Trucking | 166,000 est |
| 28 | Forward Air | 163,932 |
| 29 | Fastfrate Group | 123,764 |
| 30 | Standard Forwarding | 110,000 est |
| 31 | Midwest Motor Express | 105,100 |
| 32 | TransX Group of Companies | 91,419 |
| 33 | Transportadora Hercel / Transportadores Unidos (Grupo Transportes) | 90,600 |
| 34 | Landstar System | 89,041 |
| 35 | Dependable Highway Express | 73,600 |
| 36 | Anderson Trucking Service | 67,189 |
| 37 | Peninsula Truck Lines | 66,476 |
| 38 | Transportes Comandos del Norte | 63,200 |
| 39 | Transportes de Carga FEMA | 55,800 |
| 40 | Autotransportes de Carga El Duero / Fletes El Duero | 44,200 |
| 41 | Servicio de Transportacion Jaguar | 44,000 |
| 42 | Transportes del Valle | 43,200 |
| 43 | Transportes Leon-Mexico | 35,700 |
| 44 | Fletes y Materiales Forsis | 31,400 |
| 45 | Spee-Dee Delivery Service | 14,600 |
| 46 | CalArk | 13,007 |
| 47 | Bison Transport | 12,028 |
Extras
Learn more about Transport Topics' Top 100 For-Hire Carriers
109
On the Bubble
Dupré Logistics
($219 million), is a tank truck and dedicated contract carrier based in Lafayette, La.
If your company appears on the 2018 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
LTL carriers are adapting and expanding services to capitalize on favorable long-term trends, such as the growth of e-commerce.
Two dozen pioneering executives in the less-than-truckload freight industry came together to reflect on accomplishments.
Carriers and logistics providers are stepping into the final-mile sector to help retailers meet rising delivery expectations.
For-Hire News
Business, Logistics, For-Hire
TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll
Business, Logistics, For-Hire
Forward Air CEO Tom Schmitt Exits After Omni Deal Completion
Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.
February 8, 2024Business, Technology, Logistics, Autonomous, For-Hire
Trucking Executives Cite Opportunities for AI Adoption
LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.
February 8, 2024Business, For-Hire
ArcBest Reports 31% Earnings Gain Despite Revenue Drop
ArcBest Corp. experienced a 30.7% increase in earnings despite a decline in revenue during the fourth quarter of 2023, the company reported Feb. 6.
February 7, 2024Business, For-Hire
Auto Stoppages Push P.A.M. Transportation Into Red in Q4
Labor stoppages at automotive manufacturers across the U.S. and a weak freight environment hit profits at carrier P.A.M. Transportation in the final three months of 2023, the company said.
February 5, 2024Business, For-Hire
Saia Targets Further Expansion Via $1 Billion in 2024 Capex
Saia Inc. expects 2024 to be another year of significant expansion after picking up business and terminals following the implosion of less-than-truckload rival Yellow Corp., executives said.
February 5, 2024Business, Technology, Safety, Fuel, For-Hire
Fleets, Suppliers Work to Curb Fuel Card Skimming
Fuel card skimming is proving to be the most challenging and expensive fraud that carriers are facing.
February 5, 2024Business, Technology, For-Hire
VMRS Portal Is Nearly Here
The Vehicle Maintenance Reporting Standards system is undergoing major updates, including an online portal and codes for electric vehicles.
February 2, 2024Business, Logistics, For-Hire
Schneider Reports 12% Revenue Decline for Q4
Schneider National experienced a year-over-year decline in profits as well as revenue during the fourth quarter of 2023, the company reported Feb. 1.
February 1, 2024Business, Logistics, For-Hire
Landstar Reports 28% Revenue Decline for Q4
Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.
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