2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.
The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.
Find out where the Top 100 For-Hire Carriers are based.
Rankings
Rank Company Revenue (000)
1 FedEx Freight 9,011,000
2 Old Dominion Freight Line 5,256,000
3 Yellow Corp. 4,615,000
4 XPO 4,118,000
5 Estes Express Lines 3,783,000
est
6 TFI International 2,785,400
7 ABF Freight 2,573,800
8 R+L Carriers 2,427,000
est
9 Saia Inc. 2,289,000
est
10 Southeastern Freight Lines 1,395,600
11 Averitt Express 1,091,800
12 Central Transport 1,046,000
est
13 Pitt Ohio 780,000
est
14 Dayton Freight Lines 684,000
15 AAA Cooper Transportation 653,000
est
16 Day & Ross Freight 565,600
17 A. Duie Pyle 481,300
18 Mullen Group 466,700
19 Roadrunner Freight 430,000
est
20 Knight-Swift Transportation Holdings 396,300
21 Daylight Transport 379,900
22 Oak Harbor Freight Lines 284,000
est
23 Fastfrate Group 250,000
24 Ward Trucking 230,000
est
25 Midwest Motor Express 137,000
est
26 Magnum LTL 118,000
est
27 Landstar System 117,500
28 Dependable Highway Express 117,000
est
29 Peninsula Truck Lines 94,600
30 R&R Family of Cos. 88,400
31 Canada Cartage 84,100
32 Anderson Trucking Service 68,100
33 North Park Transportation 66,200
34 JP Express 61,800
35 Tax-Air 55,000
36 Highlight Motor Group 46,700
37 TGR Logistics 30,000
38 Atlas World Group 26,300
39 Bison Transport 26,200
40 McCollister's Global Services 19,000
41 Atech Logistics 10,000
Extras
Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.
For-Hire News
Business, Logistics, For-Hire

J.B. Hunt Promotes Trio of Executives

J.B. Hunt Transport Services recently announced a series of executive appointments.

November 15, 2024
Business, Logistics, For-Hire, Top 100

Kuehne + Nagel Acquires Majority Stake in IMC Logistics

Kuehne + Nagel, a Switzerland-based global transportation and logistics company, acquired a majority stake in marine drayage provider IMC Logistics, it announced Nov. 14.

November 14, 2024
Business, Logistics, For-Hire, Private

Leading Freight Companies Prepare for Trucking Turnaround

Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.

Connor D. Wolf | Staff Reporter
November 14, 2024
Business, Logistics, For-Hire, Top 100

TFI Buys Manitoba-Based TL, LTL Carrier Keystone Western

TFI International bought truckload and less-than-truckload carrier Keystone Western for an undisclosed sum, the company said in a LinkedIn post.

Keiron Greenhalgh | Staff Reporter
November 13, 2024
Business, Logistics, For-Hire, Top 100

PS Logistics Unit Buys Louisiana Flatbed Carrier Fluker

Since 2016, Birmingham, Ala.-based PS Logistics has acquired 27 trucking operations and five non-asset-based logistics operations in the U.S.

Keiron Greenhalgh | Staff Reporter
November 12, 2024
Government, Business, Equipment, For-Hire

Pup Trailers Can Help Fleets Improve Efficiency, Lower Costs

Trucks pulling two 28-foot trailers, or “pups,” have become common in the LTL segment as large fleets utilize these vehicle combinations to increase flexibility in their delivery networks.

Steve Brawner | Contributing Writer
November 12, 2024
Business, Technology, Equipment, Fuel, Logistics, For-Hire, Private, Global Freight

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

Keiron Greenhalgh | Staff Reporter
November 7, 2024
Business, Logistics, For-Hire, Top 100

Intermodal Load Growth Cushions Hub Group Q3 Profit Decline

Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.

Keiron Greenhalgh | Staff Reporter
November 7, 2024
Business, Logistics, For-Hire, Top 100

Schneider Q3 Revenue, Profit Decline in Weak Freight Market

The company's results missed expectations from investment analysts on Wall Street, who had been looking for earnings per share of 23 cents and quarterly revenue of $1.33 billion.

Connor D. Wolf | Staff Reporter
November 6, 2024
Business, For-Hire

Heartland Express in Red for Q3 Again but Loss Narrows

Losses at Heartland Express narrowed year over year in the third quarter as both legacy brands and two more recently acquired units turned in an improved performance.

Keiron Greenhalgh | Staff Reporter
November 6, 2024
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