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
Government, Business, For-Hire

Five Auto Haulers to Merge as Backer Files for IPO

Five auto carriers look set to merge, with the combined entity likely to then add to its assets by buying up competitors, if an initial public offering pans out as planned.

Keiron Greenhalgh | Staff Reporter
April 17, 2024
Business, For-Hire

J.B. Hunt Reports $2.9 Billion Revenue for Q1

J.B. Hunt Transport Services Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 16.

Connor D. Wolf | Staff Reporter
April 17, 2024
Business, Technology, For-Hire

Truck Software Developer Platform Science Raises $125M

Platform Science raised $125 million in capital to accelerate the launch of its software platform with additional truck manufacturers, a spokesperson for the company said April 16.

Keiron Greenhalgh | Staff Reporter
April 17, 2024
Government, Business, Technology, Equipment, Logistics, For-Hire, Global Freight

Amazon Becomes the Largest US Private EV Charging Operator

Amazon has installed more than 17,000 chargers at about 120 warehouses around the U.S., making the retail giant the largest operator of private EV charging infrastructure in the country.

Matt Day | Bloomberg News
April 15, 2024
Business, Fuel, Logistics, For-Hire

Kenan Advantage Group Owner Omers Exploring IPO

Omers Private Equity is exploring an initial public offering of Kenan Advantage Group, one of North America’s biggest tank truck transporter and logistics providers, according to sources.

Gillian Tan and Paula Sambo | Bloomberg News
April 12, 2024
Business, For-Hire

Roadrunner Opens Service Center in Atlanta

Roadrunner opened a new less-than-truckload service center in Atlanta, the longhaul freight carrier announced April 10.

Connor D. Wolf | Staff Reporter
April 10, 2024
Business, Technology, Autonomous, For-Hire

Kodiak Forms Autonomous Truck Council With Walmart, UPS

Kodiak Robotics launched an advisory council to bolster its efforts to commercialize autonomous trucks with the help of trucking industry leaders, the company announced March 27.

Connor D. Wolf | Staff Reporter
April 8, 2024
Government, Business, Logistics, For-Hire, TCA

Penske Sues Sacramento Over Environmental Plan

Penske Truck Leasing Co. has sued the city of Sacramento, Calif., alleging the city's environmental plan will harm the company's large North Sacramento facility.

Theresa Cliff | The Sacramento Bee
April 4, 2024
Government, Business, Logistics, For-Hire

UPS to Become the Primary Air Cargo Provider for USPS

UPS will become the primary air cargo provider for the United States Postal Service after FedEx said it wasn’t able to reach an agreement on mutually beneficial terms to extend its contract.

Michelle Chapman | Associated Press
April 1, 2024
Government, Business, Technology, For-Hire

Work Continues on Establishing PC-12 Oil Category

PC-12 will replace the current API CK-4 and FA-4 engine oils, but there are still hurdles ahead of the finish line.

Michael Freeze | Features Editor
March 29, 2024
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