Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.
May 1, 2023Sponsored by:
2018 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
Here’s what North America’s top fleets are doing to get employees of all levels involved in the process of innovation.
In which regions of the country are the 2018 Top 100 For-Hire Carriers concentrated? Check out our interactive map.
Our experts discuss just how intensely for-hire carriers are embracing technology and innovation in a competitive environment.
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. | 1,610,033 |
| 2 | 10 Roads Express | 452,429 |
| 3 | Salmon Cos. | 314,303 |
| 4 | UPS Inc. | 171,629 |
| 5 | United Airlines | 164,567 |
| 6 | Postal Fleet Services | 120,657 |
| 7 | Matheson Trucking | 102,431 |
| 8 | Midwest Transport | 97,107 |
| 9 | Southern Mail Service | 92,854 |
| 10 | American Airlines | 92,554 |
| 11 | Kalitta Air | 83,165 |
| 12 | Delta Air Lines | 73,753 |
| 13 | Bancroft and Sons Transportation | 73,568 |
| 14 | B&B Trucking | 58,427 |
| 15 | XPO | 57,528 |
| 16 | URSA Logistics | 47,228 |
| 17 | Tracie McCormick Inc. | 46,920 |
| 18 | Beco Inc. | 45,734 |
| 19 | FLS Transportation Services | 44,353 |
| 20 | Ravn Alaska | 39,022 |
| 21 | Alaska Air Group | 37,061 |
| 22 | Alan Ritchey Inc. | 34,759 |
| 23 | Metro Air Service | 34,287 |
| 24 | Roth Bros. Inc. | 33,353 |
| 25 | Davenport Transportation | 31,994 |
| 26 | AJR Trucking | 31,141 |
Extras
Learn more about Transport Topics' Top 100 For-Hire Carriers
110
On the Bubble
Brown Integrated Logistics
($216 million), is a dry van truckload and dedicated contract carrier based in Lithonia, Ga.
If your company appears on the 2018 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
LTL carriers are adapting and expanding services to capitalize on favorable long-term trends, such as the growth of e-commerce.
Two dozen pioneering executives in the less-than-truckload freight industry came together to reflect on accomplishments.
Carriers and logistics providers are stepping into the final-mile sector to help retailers meet rising delivery expectations.
For-Hire News
Business, Equipment, For-Hire
Forward Air Reports Revenue and Earnings Decline for Q1
Business, Technology, Equipment, Logistics, For-Hire, Global Freight
FedEx Freight Plans Closure of 29 Locations
FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.
May 1, 2023Business, Equipment, For-Hire, TCA
Penske to Acquire Michigan-Based Star Truck Rentals
Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.
May 1, 2023Business, Logistics, For-Hire
Hub Group Reports Revenue and Earnings Decline for Q1
Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.
April 28, 2023Business, Logistics, For-Hire
Universal Logistics Reports Weaker Q1 Amid Softening Market
Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.
April 28, 2023Business, Logistics, For-Hire
Landstar Reports Revenue and Earnings Decline for Q1
Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.
April 27, 2023Business, Equipment, Logistics, For-Hire
Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices
Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.
April 27, 2023Business, Equipment, For-Hire
Wabash Q1 Profit Jumps as Sales, Order Backlog Soar
Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.
April 27, 2023Business, Logistics, For-Hire
TFI Reports Lower Income, Revenue
TFI International profits slid year-over-year in the three months ending March 31, with its top executive saying April 26 that conditions in the quarter were tougher than expected.
April 26, 2023Business, Logistics, For-Hire
UPS Reports Lower Earnings as Consumer Spending Slows
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.
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