The trucking industry reported a weak second quarter with freight volumes and destocking efforts putting downward pressure on demand.
August 10, 2023Sponsored 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
103
On the Bubble
Autotransportes de Carga Tresguerras
($231 million), is a local and long-distance freight carrier and warehousing firm based in Guanajuato, Mexico.
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
Trucking Industry Reports Predictably Weak Q2
Government, Business, For-Hire
Yellow Might Get Loan From Fellow Trucking Fleet to Pay Debts
Yellow Corp. has sparked a bidding war between investment firms and a rival trucking company interested in funding the now-shuttered company’s liquidation.
August 9, 2023Business, For-Hire
Searches for UPS Jobs Soar Following Union Deal
UPS Inc. has become a hot employer since its union last month secured $30 billion in new money over a five-year contract.
August 8, 2023Business, Logistics, For-Hire
UPS Lost More Business Than Expected on Strike Threat
Profits at UPS fell year-over-year in the second quarter as the parcel carrier lost more business to rivals than expected due to uncertainty surrounding negotiations with the Teamsters.
August 8, 2023Government, Business, Breaking News, For-Hire
Yellow Files for Chapter 11 Bankruptcy
Yellow Corp. on Aug. 7 announced it was seeking Chapter 11 bankruptcy protection and entering into an agreement that would secure sufficient financing to wind down operations.
August 7, 2023Business, Logistics, For-Hire
XPO Reports Q2 Income, Revenue Decline
XPO saw second-quarter net income and revenue decline, but the company sees momentum headed into the third quarter.
August 4, 2023Government, Business, Logistics, For-Hire
Yellow Closure Reshuffles LTL Sector
Less-than-truckload carrier Yellow Corp.'s ceasing of operations on July 30 after nearly 100 years in business is causing an upheaval for both its customers and the broader LTL market.
August 3, 2023Business, Logistics, For-Hire
Schneider Sees Drop in Q2 Earnings
Schneider National on Aug. 3 announced that both income and revenue fell during the second quarter.
August 3, 2023Business, Equipment, Logistics, For-Hire
Schneider Acquires M&M Transport
Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.
August 3, 2023Business, Logistics, For-Hire
TFI Q2 Profit Dips by More Than 50% on Lower Freight Volumes
Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.
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