UPS Inc. reported first-quarter earnings that were lower than those the Atlanta-based company posted in the same period in 2022 and were mixed when it came to Wall Street expectations.
April 25, 2023Sponsored 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
104
On the Bubble
Wheaton World Wide Moving
($209 million), Based in Indianapolis, Wheaton offers domestic and international household goods moving and storage services, along with transportation of high-value products, furniture and store fixtures through Wheaton Van Lines, Bekins Van Lines and Clark & Reid brands.
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For-Hire News
Business, Logistics, For-Hire
UPS Reports Lower Earnings as Consumer Spending Slows
Business, Technology, Logistics, For-Hire
Schneider Completes First EV Delivery for Frito-Lay
Schneider completed its first battery-electric vehicle delivery with Frito-Lay North America, the multimodal transportation provider announced April 17.
April 24, 2023Business, Logistics, For-Hire
Knight-Swift Reports Revenue, Earnings Decline for Q1
Knight-Swift Transportation Holdings Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 20.
April 21, 2023Business, Equipment, For-Hire, Private, TCA
Amazon May Charge a Return Fee at UPS Stores
If you opt to return your Amazon purchase at a UPS store, that transaction just might cost you.
April 19, 2023Business, Technology, Equipment, Logistics, For-Hire
NFI Ramps Up Battery-Electric Truck Deployment in California
NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.
April 18, 2023Business, Logistics, For-Hire, TCA
UPS, Teamsters Poised for Massive Contract Talks
High-stakes negotiations could start April 17 between the Teamsters and package delivery giant UPS that could have far-reaching reverberations.
April 14, 2023Business, Equipment, Logistics, Breaking News, For-Hire
FedEx to Merge Ground, Express Units
FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.
April 5, 2023Business, Logistics, For-Hire
Penske Announces Kris-Way Truck Leasing Acquisition
Penske Truck Leasing announced March 30 that it has reached an agreement to acquire Kris-Way Truck Leasing Inc.
April 3, 2023Business, Logistics, For-Hire
RXO Opens New Cross-Border Facility in Texas
RXO celebrated the grand opening of its newest cross-border facility in Laredo, Texas, the company announced March 29.
March 29, 2023Business, Equipment, For-Hire
February Trailer Orders Down 2.6% Year-Over-Year
U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.
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