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, Technology, For-Hire

Pitt Ohio Executive Targets EV Infrastructure

WASHINGTON — Ensuring electric commercial vehicles have reliable access to charging infrastructure remains a persistent challenge, a trucking executive recently told policymakers.

Eugene Mulero | Senior Reporter
May 1, 2024
Business, For-Hire

ArcBest Reports $1 Billion Revenue for Q1

ArcBest saw its bottom line swing from a profit to a loss and posted a decline in revenue during Q1 on the heels of market softness and weather-related delays, the company reported.

Connor D. Wolf | Staff Reporter
April 30, 2024
Business, Logistics, For-Hire

Ryder Continues Cross-Border Expansion With New Facility

Ryder System is opening a second multiclient logistics facility at a U.S.-Mexico port to take advantage of the recent nearshoring trend, the company announced April 29.

Connor D. Wolf | Staff Reporter
April 30, 2024
Government, Business, Technology, Logistics, Autonomous, For-Hire

Logistics Supply Chain Shows Steadiness Amid Rough Waters

During the past four years, supply chain and logistics companies have ridden the highs and lows of a market that included a pandemic and fractured economy to keep goods moving.

Amanda Smith-Teutsch | Special to Transport Topics
April 29, 2024
Business, For-Hire

TFI Profit Falls 17.1% on ‘Worse Than Expected’ Market

Profits at TFI International fell 17.1% year-over-year in the first quarter of 2024 on the back of what CEO Alain Bédard said was a particularly weak freight environment.

Keiron Greenhalgh | Staff Reporter
April 26, 2024
Business, Equipment, For-Hire

Intermodal Chassis Manufacturers Pull Back on Output

Intermodal chassis manufacturers are scaling back production as a result of weak demand as well as a supply overhang, company executives said.

Keiron Greenhalgh | Staff Reporter
April 25, 2024
For-Hire, Top 100

Top 100 For-Hire Carriers: How to Get on the List

Find out how your trucking business stacks up by submitting data for the 2024 Transport Topics Top 100 For-Hire Carriers publication.

April 25, 2024
Business, For-Hire

Knight-Swift Reports Earnings Drop Amid Revenue Growth

Knight-Swift Transportation Holdings saw its first-quarter bottom-line results swing from a profit to a loss.

Connor D. Wolf | Staff Reporter
April 25, 2024
Business, For-Hire

Mullen Group Reports Lower Revenue for Q1

Mullen Group experienced a decrease in revenue and earnings during the first quarter of 2024, the company reported April 25.

Connor D. Wolf | Staff Reporter
April 25, 2024
Business, Logistics, For-Hire

Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO

Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.

Keiron Greenhalgh | Staff Reporter
April 24, 2024
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