UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the carrier improperly valued its freight business in financial results reporting.
November 22, 2024Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Mail Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | FedEx Corp. | 1,678,856 |
2 | Salmon Cos. | 241,796 |
3 | 10 Roads Express | 191,952 |
4 | UPS Inc. | 168,963 |
5 | United Airlines | 161,131 |
6 | Postal Fleet Services | 100,892 |
7 | Matheson Trucking | 96,360 |
8 | Midwest Transport | 91,194 |
9 | American Airlines | 86,349 |
10 | Kalitta Air | 78,464 |
11 | Southern Mail Service | 77,275 |
12 | Delta Air Lines | 72,009 |
13 | Bancroft and Sons Transportation | 69,502 |
14 | URSA Logistics | 43,820 |
15 | Beco Inc. | 43,446 |
16 | Tracie McCormick Inc. | 41,559 |
17 | Alan Ritchey Inc. | 41,376 |
18 | B&B Trucking | 38,316 |
19 | Sodrel Truck Lines | 31,683 |
20 | Northern Air Cargo Inc. | 31,683 |
21 | Alaska Air Group | 30,991 |
22 | Postal Transport Inc. | 30,966 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Extras
On the Bubble
UPS Settles With SEC Over Freight Business Valuation
A Cybersecurity Playbook for Trucking in 2025
With another year of hacker break-ins looming before us, now is a great time to evaluate cybersecurity for your trucking business to ensure that you’re using the latest technology to keep cybercriminals at bay.
Moran Transportation Expands Into Ohio With RMX Acquisition
The acquisition brings 50 to 60 trucks and three service centers into Moran’s operations, increasing its total to 12 service centers and more than 675 pieces of equipment across the Midwest.
November 18, 2024Landstar Taps Beacom and Miller for New Roles
Joe Beacom will become president of Landstar System Holdings. Matt Miller will succeed Beacom as vice president and chief safety and operations officer.
November 18, 2024LaserShip Inks $300 Million Debt Restructuring Deal
American Securities-backed LaserShip Inc. reached a debt-restructuring deal with some creditors that would provide fresh money, reduce debt and revamp the repayment line in the latest such proposal by distressed debtors.
J.B. Hunt Promotes Trio of Executives
J.B. Hunt Transport Services recently announced a series of executive appointments.
November 15, 2024Kuehne + 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, 2024Leading 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.
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.
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.