2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
Fleets have been overcoming unprecedented challenges to keep essential freight moving during the pandemic.
See the locations of the headquarters for each of the Top 100 for-hire carriers in North America.
COVID-19 has transformed 2020 into a tumultuous year for trucking, but the Top 100 list remains stable, at least for now.
Rankings
Rank Company Revenue (000)
1 FedEx Freight 7,237,000
2 Yellow Corp. 4,871,200
3 XPO 4,815,000
4 Old Dominion Freight Line 4,109,111
5 UPS Inc. 3,265,000
6 Estes Express Lines 3,260,000
7 ABF Freight 2,145,000
8 R+L Carriers 1,972,000
est
9 Saia Inc. 1,786,735
10 Southeastern Freight Lines 1,166,622
11 Averitt Express 873,419
12 Central Transport 856,000
est
13 Dayton Freight Lines 679,000
14 TFI International 627,322
15 Pitt Ohio 616,000
16 AAA Cooper Transportation 593,000
17 Roadrunner Freight 430,806
18 Day & Ross Freight 426,500
19 A. Duie Pyle 385,600
20 Daylight Transport 262,000
21 Autotransportes de Carga Tresguerras 244,500
est
22 Transportes Castores de Baja California 233,500
est
23 Central Freight Lines 232,000
24 Oak Harbor Freight Lines 220,194
25 Forward Air 207,400
26 Ward Trucking 185,000
27 Transportes Julian de Obregon 183,400
est
28 Fastfrate Group 169,605
29 Standard Forwarding 119,000
est
30 Midwest Motor Express 105,300
31 Landstar System 98,324
32 Transportadora Hercel / Transportadores Unidos (Grupo Transportes) 95,700
est
33 Dependable Highway Express 85,000
est
34 Peninsula Truck Lines 76,467
35 Anderson Trucking Service 68,885
36 Transportes Comandos del Norte 66,700
est
37 Transportes de Carga FEMA 58,900
est
38 Canada Cartage 53,580
39 JP Express Service 51,862
40 Autotransportes de Carga El Duero / Fletes El Duero 46,700
est
41 Transportes del Valle 45,600
est
42 TransAmerica Express Logistics 40,000
43 Transportes Leon-Mexico 37,700
est
44 Atlas World Group 33,789
45 Fletes y Materiales Forsis 33,200
est
46 Diligent Delivery Systems 21,420
47 CalArk 19,455
48 TGR Logistics 19,000
est
49 Bison Transport 14,941
50 Highlight Motor Group 14,558
Extras
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
110

On the Bubble

Magnate Worldwide ($235 million), is an air and expedited carrier based in Toledo, Ohio
Learn more about Transport Topics' Top 100 For-Hire Companies publication.
COVID-19 has created significant financial challenges for many trucking and logistics companies.
Fleets are emphasizing cleaning and physical distancing at loading docks to help protect drivers from COVID-19.
Drivers have been more isolated than usual during the pandemic due to social distancing measures.
Market uncertainty due to COVID-19 has depressed demand for new trucking equipment.
Small trucking companies such as Boyle Transportation are playing a direct role in the response to COVID-19.
Industry experts explain how this public health crisis might change freight transportation in the years ahead.
For-Hire News
Business, Logistics, For-Hire

TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll

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.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
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.

Keiron Greenhalgh | Staff Reporter
February 8, 2024
Business, 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.

Seth Clevenger | Managing Editor, Features and Multimedia
February 8, 2024
Business, 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.

Connor D. Wolf | Staff Reporter
February 7, 2024
Business, 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.

Keiron Greenhalgh | Staff Reporter
February 5, 2024
Business, 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.

Keiron Greenhalgh | Staff Reporter
February 5, 2024
Business, 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.

Dan Calabrese | Special to Transport Topics
February 5, 2024
Business, 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.

Steve Brawner | Contributing Writer
February 2, 2024
Business, 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.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, 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.

Connor D. Wolf | Staff Reporter
February 1, 2024
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