TFI International more than doubled its first-quarter profit as it capitalized on solid freight demand and the integration of the UPS Freight operations it acquired last year.
April 29, 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. | 2,001,155 |
2 | 10 Roads Express | 480,806 |
3 | Salmon Cos. | 212,776 |
4 | UPS Inc. | 205,556 |
5 | United Airlines | 167,471 |
6 | Postal Fleet Services | 161,273 |
7 | Mail Contractors of America | 122,546 |
8 | Matheson Trucking | 113,911 |
9 | Midwest Transport | 103,063 |
10 | Kalitta Air | 102,054 |
11 | Southern Mail Service | 101,238 |
12 | American Airlines | 98,047 |
13 | Evo Transportation & Energy Services | 97,704 |
14 | Delta Air Lines | 84,945 |
15 | Bancroft and Sons Transportation | 77,166 |
16 | Northern Aviation Services | 58,738 |
17 | B&B Trucking | 58,404 |
18 | Tracie McCormick Inc. | 50,158 |
19 | Beco Inc. | 48,265 |
20 | AJR Trucking | 40,315 |
21 | Alaska Air Group | 39,448 |
22 | XPO | 38,678 |
23 | Ravn Alaska | 38,179 |
24 | Sodrel Truck Lines | 35,873 |
25 | FLS Transportation Services | 35,552 |
26 | Davenport Transportation | 35,340 |
27 | MTC Transportation | 34,863 |
28 | Metro Air Service | 33,536 |
29 | Alan Ritchey Inc. | 32,652 |
30 | McCormick Trucking | 32,300 |
31 | Alaska Central Express | 32,277 |
32 | Everts Air Alaska | 31,211 |
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
TFI International Posts Large Profit, Revenue Gains
Forward Air Reports Revenue, Earnings Records for Q1
Forward Air Corp. set all-time quarterly records for revenue, net income and earnings per diluted share during the first quarter, the company reported April 27.
Covenant Logistics Posts $291.6 Million in Revenue for Q1
Covenant Logistics Group Inc. saw revenue and earnings improvements during the first quarter of 2022, the company reported April 27.
Old Dominion Freight Line Reports Record Revenue for Q1
Old Dominion Freight Line’s revenue reached a record during the first quarter, the company announced April 27.
UPS Reports Strong Q1 Earnings Amid Lower Package Volume
UPS Inc. reported first-quarter earnings that exceeded Wall Street expectations, saying its quarterly income increased to $3.3 billion compared with $2.77 billion in the first quarter of 2021.
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April 25, 2022Ryder Opens Third E-Commerce Distribution Center in Columbus Market
Ryder System Inc. opened its third multiclient omnichannel distribution center in Columbus, Ohio, the company announced April 25.
Penske Truck Leasing Expands in Washington State
Penske Truck Leasing announced it opened a new facility in Everett, Wash., that offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance.
April 22, 2022Mullen Reports Q1 Revenue, Profit Growth
Mullen Group Ltd. reported double-digit increases in profit and revenue for the first quarter but warned that the motor carrier was concerned about surging inflation and higher fuel expenses.
Landstar Reports Record Revenue, Earnings for Q1
Landstar System Inc. saw revenue and earnings reach a new record during the first quarter, the company reported April 20.