Schneider National posted increases in revenue and earnings during the second quarter of 2022, the company reported July 28.
July 28, 2022Sponsored 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, Equipment, For-Hire
Schneider Reports $1.75 Billion Revenue for Q2
Business, Logistics, For-Hire, Top 100
Forward Air Reports Record-Setting Quarter for Q2
Forward Air Corp. on July 27 reported all-time quarterly records for revenue, income from operations and net income per diluted share for the second quarter.
July 28, 2022Business, Logistics, For-Hire, Top 100
ODFL Reports Profit, Revenue Records for Second Quarter
Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.
July 27, 2022Business, Equipment, Logistics, For-Hire
Used Class 8 Prices Continue Slide in June, but Remain High
The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.
July 27, 2022Business, Logistics, For-Hire
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 2022Business, For-Hire
Covenant Logistics Reaches $317M Revenue by Overcoming Q2 Headwinds
Covenant Logistics Group Inc. reported second-quarter revenue and earnings growth July 25, despite market headwinds.
July 26, 2022Business, Technology, Autonomous, For-Hire
10 Roads Express Launches Autonomous Route Using Kodiak Tech
The 10 Roads Express company launched an autonomous truck route in partnership with Kodiak Robotics, a driverless trucking company, they announced July 26.
July 26, 2022Business, For-Hire
FedEx Reduces US Sunday Deliveries in Some Rural Areas
FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.
July 22, 2022Business, Logistics, For-Hire, Top 100
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
July 21, 2022Business, Technology, Logistics, For-Hire
J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
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