J.B. Hunt Transport Services Inc. on July 19 posted earnings and revenue growth for the second quarter that was driven by strong segment results.
July 20, 2022Top 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
J.B. Hunt Reports Q2 Revenue Jump to $3.84 Billion
Marten Reports Record-Breaking Results for Q2
Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.
UPS Expands Cargo Services in India to Seize Airfreight Boom
UPS Inc. opened a second airport cargo-handling facility in India to capture soaring pandemic-driven demand for airfreight.
Trucking Faces Pressure to Prepare for Holidays Early
Supply chain pressures are forcing trucking to get an early start to the holiday shipping season despite a shift of underlying conditions within the industry.
Averitt Announces Pay Increases for Drivers
Cookeville, Tenn.-based Averitt Express announced July 13 it was raising pay for its less-than-truckload drivers as well as providing a new guaranteed weekly minimum for its regional and flatbed drivers and a shorter waiting period in receiving benefits coverage for its new hires.
XPO Names New Tech Brokerage Company RXO
XPO Logistics’ new tech-enabled brokerage platform that is set to begin operations in the fourth quarter will be called RXO, the company announced July 12.
J.B. Hunt Expedites Overseas Delivery of New Containers
J.B. Hunt Transport Services Inc. has expedited overseas delivery of new containers as part of its commitment to grow intermodal capacity, the company announced June 30.
June 30, 2022Hyliion, Cummins Collaborate on Hypertruck ERX
Hyliion Inc. announced it is collaborating with Cummins Inc. to bring Hyliion’s natural gas extended range powertrain to North American trucking on schedule.
FedEx Predicts Profit Growth Under Three-Year Plan
FedEx Corp. expects to grow earnings per share as much as 19% annually over the next three years by targeting “high-value” customers and squeezing more efficiency out of its networks.
J.B. Hunt, Waymo Add Wayfair to Autonomous Trucking Program
J.B. Hunt Transport Services Inc. and Waymo added the home goods company Wayfair to its autonomous trucking program, the companies announced June 28.
June 28, 2022