Jack Cooper Transport is reportedly making a nearly $2 billion bid to snatch up the assets of Yellow, the trucking firm that collapsed in late July and filed for bankruptcy.
October 31, 2023Top 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 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Extras
On the Bubble
Jack Cooper Making $2 Billion Bid for Bankrupt Yellow
Court Approves Yellow Administrators’ Auction Plans
A court on Oct. 27 approved plans by the administrators of Yellow to use auctioneers to sell the company’s rolling stock, as Jack Cooper Transport eyes a bid to rescue the motor carrier.
XPO Reports Revenue Increase Despite Tough Conditions
XPO posted an increase in revenue but a dip in profit during the third quarter amid a challenging freight environment, the company said Oct 30.
Universal Reports Revenue Decline Amid Q3 Headwinds
Universal Logistics Holdings experienced an overall decrease in revenue, with each segment facing year-over-year declines for the third quarter of 2023, the company reported Oct 26.
Ryder Reports Slight Revenue Decline for Q3
Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.
Estes Express IT System Fully Restored, COO Says
Estes Express Lines’ information technology systems are “completely restored” after a cyberattack earlier in October, according to Chief Operating Officer Webb Estes.
UPS Reports Lower Earnings on Labor Deal Costs
UPS Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.
TFI Third-Quarter Profit Dives 45.6% on Weak Freight Market
TFI International profits in the third quarter slumped 45.6% year-over-year, with the Canadian company primarily citing weaker market conditions, especially in the truckload market.
Ryder to Buy Impact Fulfillment Services
Ryder System Inc. is to buy IFS Holdings, also known as Impact Fulfillment Services (IFS), for an undisclosed sum, the Miami-based company said Oct. 23.
Fleets Learn to Utilize In-Cab Technology
Some fleet operators are finding the right balance between software use and customization to map better routes, save money and simplify a wide array of functions.