NFI acquired Transfix’s digital freight brokerage operation for an undisclosed sum, the carrier said June 5.
June 6, 2024Sponsored by:
2017 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
The nation’s top for-hire carriers are taking steps to shore up capacity in anticipation of increasing demand for freight hauling and a tighter market for drivers.
Find out what carriers are doing to prepare for what looks like increased demand for freight hauling this year and next.
Rankings
Top 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 |
Extras
About Us: Transport Topics' Top 100 For-Hire Carriers
107
On the Bubble
National Carriers Inc.
($205 million), Based in Liberal, Kan., National Carriers provides nationwide truckload service for refrigerated cargoes, mostly meat, with a combination of company-owned tractors and equipment provided by owner-operators. The company also provides lifestock hauling and spotting services.
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For-Hire News
Business, Technology, For-Hire
NFI Buys Transfix’s Freight Brokerage Operation
Business, Technology, Equipment, Safety, For-Hire
ABF Freight Seeks to Boost Safety With Trailer Sensors
ABF Freight is ramping up its use of Drov Technologies’ AirBoxOne platform, which integrates truck and trailer sensors, Oklahoma City-based Drov said.
June 6, 2024Business, Fuel, Logistics, For-Hire
Penske Forms EV Infrastructure Advisory JV With Mitsui Unit
LAS VEGAS — Penske Transportation Solutions and ForeFront Power are teaming up for an electric vehicle infrastructure advisory joint venture to be known as Penske Energy, the partners said May 21.
May 28, 2024Business, Technology, Equipment, Fuel, For-Hire
Kenworth to Start Production of T680s, T880s With X15N in Q3
Kenworth plans to begin production of its Class 8 T680 tractor and T880 vocational truck with Cummins’ X15N natural gas engine in the third quarter of 2024, it said May 15.
May 17, 2024Government, Business, For-Hire
Infrastructure Stakeholders Renew Calls for Funding
WASHINGTON — Approving legislation that promotes funding for safety programs and supply chain connectivity is atop the priority list for infrastructure stakeholders.
May 15, 2024Business, Equipment, Fuel, Logistics, For-Hire
Ryder: Switching to a Class 8 EV May Double Vehicle Costs
A new analysis by leasing and logistics specialist Ryder System indicates the business case for swapping a diesel or gasoline van or truck for an EV is shaky for much of the trucking industry.
May 14, 2024Business, Equipment, For-Hire
TFI Buys Quebec-Based Truckload Carrier in Fourth 2024 Deal
TFI International acquired Quebec-based specialized truckload carrier Transport MJ Lavoie for an undisclosed sum, its fourth purchase so far in 2024.
May 13, 2024Business, Logistics, For-Hire
UPS Finance Chief to Leave Parcel Giant to Focus on Health
UPS Inc.’s top financial executive, Brian Newman, plans to leave the company June 1 in order to focus on his personal health, the shipping giant said May 6.
May 6, 2024Business, For-Hire
Mullen Group Closes ContainerWorld Acquisition
Mullen Group closed its previously announced acquisition of fellow Canadian business ContainerWorld Forwarding Services, the company revealed May 3.
May 3, 2024Business, Logistics, For-Hire
Schneider Reports Revenue Decline of 8% to $1.32B for Q1
Schneider experienced a year-over-year decline in revenue to $1.32 billion during the first quarter of 2024, the company reported May 2.
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