Forward Air Corp. on July 27 reported all-time quarterly records for revenue, income from operations and net income per diluted share for the second quarter.
July 28, 2022Sponsored 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
108
On the Bubble
Transportes Castores de Baja California
($221 million), provides less-than-truckload and parcel delivery services throughout Mexico. It is based in Tijuana.
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.
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For-Hire News
Business, Logistics, For-Hire, Top 100
Forward Air Reports Record-Setting Quarter for Q2
Business, Logistics, For-Hire, Top 100
ODFL Reports Profit, Revenue Records for Second Quarter
Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.
July 27, 2022Business, Equipment, Logistics, For-Hire
Used Class 8 Prices Continue Slide in June, but Remain High
The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.
July 27, 2022Business, Logistics, For-Hire
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 2022Business, For-Hire
Covenant Logistics Reaches $317M Revenue by Overcoming Q2 Headwinds
Covenant Logistics Group Inc. reported second-quarter revenue and earnings growth July 25, despite market headwinds.
July 26, 2022Business, Technology, Autonomous, For-Hire
10 Roads Express Launches Autonomous Route Using Kodiak Tech
The 10 Roads Express company launched an autonomous truck route in partnership with Kodiak Robotics, a driverless trucking company, they announced July 26.
July 26, 2022Business, For-Hire
FedEx Reduces US Sunday Deliveries in Some Rural Areas
FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.
July 22, 2022Business, Logistics, For-Hire, Top 100
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
July 21, 2022Business, Technology, Logistics, For-Hire
J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
July 20, 2022Business, Logistics, For-Hire
J.B. Hunt Reports Q2 Revenue Jump to $3.84 Billion
J.B. Hunt Transport Services Inc. on July 19 posted earnings and revenue growth for the second quarter that was driven by strong segment results.
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