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, 2024Up Front
This year in particular has brought a changing of the guard at some of the largest companies.
See a breakdown of Top 100 For-Hire Carriers by region; get links to company pages.
After you've absorbed the changes and trends in this year's Top 100 For-Hire Carrier rankings, take our interactive quiz!
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 | 7,489,000 |
| 2 | Yellow Corp. | 5,092,000 |
| 3 | Old Dominion Freight Line | 4,043,695 |
| 4 | XPO | 3,800,000 |
| 5 | UPS Inc. | 3,218,000 |
| 6 | Estes Express Lines | 3,160,000 |
| 7 | ABF Freight | 2,175,585 |
| 8 | R+L Carriers | 1,692,000 |
| 9 | Saia Inc. | 1,653,849 |
| 10 | Southeastern Freight Lines | 1,148,092 |
| 11 | Averitt Express | 890,849 |
| 12 | Central Transport | 825,000 |
| 13 | TFI International | 816,081 |
| 14 | Dayton Freight Lines | 659,000 |
| 15 | Pitt Ohio | 616,000 est |
| 16 | AAA Cooper Transportation | 606,000 |
| 17 | Roadrunner Freight | 452,281 |
| 18 | A. Duie Pyle | 350,800 |
| 19 | Day & Ross Freight | 312,395 |
| 20 | Daylight Transport | 265,000 |
| 21 | Central Freight Lines | 248,000 |
| 22 | Autotransportes de Carga Tresguerras | 244,500 |
| 23 | Transportes Castores de Baja California | 233,500 |
| 24 | Oak Harbor Freight Lines | 220,194 |
| 25 | Forward Air | 194,100 |
| 26 | Ward Trucking | 189,000 |
| 27 | Transportes Julian de Obregon | 183,400 |
| 28 | Fastfrate Group | 151,400 |
| 29 | Standard Forwarding | 119,000 |
| 30 | Midwest Motor Express | 118,000 |
| 31 | Landstar System | 102,531 |
| 32 | Transportadora Hercel / Transportadores Unidos (Grupo Transportes) | 95,700 |
| 33 | Dependable Highway Express | 86,000 |
| 34 | Peninsula Truck Lines | 72,379 |
| 35 | Anderson Trucking Service | 69,857 |
| 36 | Transportes Comandos del Norte | 66,700 |
| 37 | Transportes de Carga FEMA | 58,900 |
| 38 | Autotransportes de Carga El Duero / Fletes El Duero | 46,700 |
| 39 | Transportes del Valle | 45,600 |
| 40 | TransAmerica Express Logistics | 40,000 |
| 41 | Transportes Leon-Mexico | 37,700 |
| 42 | Fletes y Materiales Forsis | 33,200 |
| 43 | Highlight Motor Group | 26,286 |
| 44 | Atlas World Group | 21,700 |
| 45 | TGR Logistics | 19,000 |
| 46 | CalArk | 14,005 |
| 47 | Bison Transport | 13,368 |
| 48 | Sorenson Transport | 13,365 |
Extras
Learn more about Transport Topics' Top 100 For-Hire Carriers.
109
On the Bubble
Autotransportes de Carga Tresguerras
($244 million), is a package, air/expedited and truckload freight carrier based in Tijuana, Mexico.
If your company appears on the 2019 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
The state's trucking association has joined forces with 13 community colleges.
Women are increasingly taking on larger roles in the management of trucking companies.
The company has pressed on since losing its CEO Jeremy Rayl in 2017.
George Casiano's family shares the story of an industry veteran.
All of Brig Sorber’s family played a part in the creation story of Two Men and a Truck, which has grown from humble origins into one of the largest moving companies in North America.
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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