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, Equipment, Fuel, Logistics, For-Hire

J.B. Hunt Plans Carbon Emission Intensity Reduction of 32% by 2034

J.B. Hunt Transport Services Inc. set a new goal to reduce its carbon emission intensity 32% by 2034, the company announced Nov. 14.

November 14, 2022
Business, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Unit Furloughs Workers as Cargo Demand Slows

FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks.

Thomas Black | Bloomberg News
November 14, 2022
Business, Logistics, For-Hire

GXO Reports Higher Revenue, Lower Earnings for Q3

GXO Logistics Inc. reported revenue growth and a decline in earnings in its third-quarter report released Nov. 8.

Connor D. Wolf | Staff Reporter
November 10, 2022
Business, Logistics, For-Hire

Werner Reports Revenue Increase for Q3

Werner Enterprises saw revenue rise but income decline during the third quarter of 2022, the company reported Nov. 2.

Connor D. Wolf | Staff Reporter
November 3, 2022
Business, Technology, Equipment, For-Hire

XPO Spinoff RXO Officially Launches

XPO Logistics Inc. turned its tech-enabled brokered transportation platform, RXO, into an independent, publicly traded company Nov. 1.

Connor D. Wolf | Staff Reporter
November 1, 2022
Business, Logistics, For-Hire

Landstar Reports Highest Revenue for Any Q3

Landstar System Inc.’s revenue and diluted earnings per share both set third-quarter records, the company reported Oct. 19.

October 20, 2022
Business, Logistics, For-Hire

J.B. Hunt Reports $3.84 Billion in Revenue for Q3

J.B. Hunt Transport Services Inc. saw revenue and earnings increase as a result of strong segment growth during the third quarter, the company reported Oct. 18, besting analysts’ expectations.

Connor D. Wolf | Staff Reporter
October 19, 2022
Business, Logistics, For-Hire

Marten Reports 15th Consecutive Increase in Quarterly Profitability

Marten Transport reported its 15th consecutive year-over-year increase in quarterly profitability Oct. 17, but still the results missed analysts’ expectations.

Connor D. Wolf | Staff Reporter
October 18, 2022
Business, Technology, Logistics, For-Hire

NFI Acquires MCO Transport to Bolster Southeastern Port Operations

North American supply chain solutions company NFI has acquired southeastern port service solutions provider MCO Transport Inc., the company announced Oct. 10.

Connor D. Wolf | Staff Reporter
October 17, 2022
Business, Technology, Logistics, For-Hire

XPO Board of Directors Approves RXO Spinoff

XPO Logistics Inc. received board approval to spin off its technology-based brokered operations into a stand-alone business, the company announced Oct. 10.

Connor D. Wolf | Staff Reporter
October 11, 2022
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