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, 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
101
On the Bubble
Paschall Truck Lines
($238 million), is a dry van and refrigerated truckload carrier based in Murray, Ky.
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
Covenant Logistics Reports Nearly 5% Revenue Rise for Q2
Business, For-Hire
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.
July 24, 2024Business, Technology, Safety, For-Hire, Top 100
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.
July 24, 2024Business, Logistics, For-Hire, Global Freight
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.
July 24, 2024Business, Logistics, For-Hire
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.
July 23, 2024Business, For-Hire
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.
July 23, 2024Government, Business, For-Hire
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.
July 22, 2024Business, Logistics, For-Hire
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.
July 22, 2024Business, Logistics, For-Hire
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.
July 18, 2024Business, Technology, For-Hire
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.
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