FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery.
February 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
104
On the Bubble
Daylight Transport
($229 million), is an expedited LTL carrier based in Los Angeles.
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, For-Hire, Global Freight
FedEx to Cut Management Jobs by More Than 10%
Business, Logistics, For-Hire
FedEx Implementing Ranking System for Delivery Contractors
FedEx Corp. is rolling out a new system for evaluating its delivery contractors that rank them like Olympic medal winners.
January 31, 2023Business, For-Hire
Covenant Sees Year-End Slowdown
Covenant Logistics Group Inc. saw a 35% year-over-year decline in earnings amid marginal revenue improvements during the fourth quarter of 2022, the company reported Jan. 25.
January 26, 2023Business, Logistics, For-Hire
Marten Transport Reports 16th Consecutive Profitable Quarter
Marten Transport reported higher fourth-quarter earnings, marking its 16th consecutive year-over-year increase.
January 25, 2023Business, Technology, Equipment, Autonomous, For-Hire
Former USA Truck CEO James Reed Joins Kodiak
Former USA Truck CEO James Reed has joined autonomous truck technology company Kodiak Robotics, the company announced Jan. 19.
January 23, 2023Business, Equipment, For-Hire
Wabash Inks Long-Term Agreements With Key Carrier, Supplier
Wabash announced two long-term agreements, one with a carrier to create an extended backlog and one with a supplier to enhance supply surety.
January 20, 2023Business, Logistics, For-Hire
Roadrunner Notches Gains in Transit Times
Roadrunner implemented another round of transit time improvements across its network as part of an ongoing, multiyear process to improve business operations, the company announced Jan. 5
January 9, 2023Business, For-Hire, Global Freight
FedEx Profit Tops Estimates as Higher Prices Offset Decline in Shipments
FedEx Corp. on Dec. 20 reported fiscal-year, second-quarter income that beat Wall Street expectations and revenue that fell below expectations.
December 21, 2022Business, Logistics, For-Hire
Ryder Plans New Multiclient Distribution Center Near Chicago
Ryder System Inc. will open its 10th multiclient distribution center in the greater Chicago area, the company announced Dec. 14.
December 16, 2022Business, Technology, Equipment, Fuel, For-Hire, Private
Last-Mile Focuses on Sustainable Shipping
The trucking industry has increased its focus on sustainability this year, mostly geared toward last-mile operations.
December 8, 2022Archives
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