Ryder System Inc. is set to buy Pit Stop Fleet Service for an undisclosed sum, it said July 15. The deal is expected to close by Aug. 1.
July 16, 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
102
On the Bubble
Autotransportes de Carga Tresguerras
($217 million), This Mexican fleet, based in the central state of Guanajuato, has been in business since 1935 and operates a fleet of 1,000 tractors and 450 straight trucks, providing less-than-truckload and truckload freight service to 400 cities through 48 offices and 15 warehouses.
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For-Hire News
Business, Logistics, For-Hire
Ryder Buys Mobile Maintenance Firm Pit Stop Fleet Service
Equipment, Safety, For-Hire
Are Air Disc Brakes Worth It?
In choosing brake systems for a commercial fleet, there’s no wrong answer whether air disc brakes are a right fit versus drum brakes. There are plenty of advantages for both.
July 12, 2024Government, Business, Equipment, For-Hire
Federal Maritime Commission Reopens Port Chassis Probe
The Federal Maritime Commission has opened a follow-up investigation involving the right of motor carrier choice in chassis provisioning.
July 11, 2024Business, Logistics, For-Hire
UPS Names Brian Dykes New CFO
UPS Inc. named a company veteran to be its new chief financial officer after the parcel giant’s former finance leader left the company last month to focus on his health.
July 9, 2024Government, Business, Safety, Logistics, For-Hire
US Chamber Files Amicus Brief in Werner Verdict
The U.S. Chamber of Commerce has filed a “friend of the court” brief with the Texas Supreme Court asking the court to reject a $100 million lower-court jury verdict against Werner Enterprises.
July 1, 2024Business, Logistics, For-Hire
FedEx’s Strong Profit Forecast Drives Stock Surge
FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year.
June 26, 2024Business, For-Hire
TFI Inks Fifth ’24 Takeover With Tank Truck Carrier Purchase
TFI International acquired Entreposage Marco Inc. for an undisclosed sum, its fifth takeover in 2024 and second of a food-grade liquids hauler, the company announced in a LinkedIn post.
June 24, 2024Business, Logistics, For-Hire, Global Freight
UPS to Sell Coyote Logistics to RXO
UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.
June 24, 2024Business, For-Hire
Interactive Map: Where the 2024 Top 100 For-Hire Carriers Are in North America
Find out where the 2024 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.
June 21, 2024Business, For-Hire, Top 100
A. Duie Pyle Celebrates Centennial Milestone
From the Great Depression to industry deregulation and beyond, A. Duie Pyle has kept trucking, marking a full century of economic cycles and transformations in freight transportation.
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