FedEx Corp. pilots are inching closer to a potential strike as negotiations stall on a new labor agreement.
February 23, 2023
2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
Fleets have been overcoming unprecedented challenges to keep essential freight moving during the pandemic.
See the locations of the headquarters for each of the Top 100 for-hire carriers in North America.
COVID-19 has transformed 2020 into a tumultuous year for trucking, but the Top 100 list remains stable, at least for now.
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. | 2,050,717 |
| 2 | 10 Roads Express | 390,445 |
| 3 | Salmon Cos. | 341,073 |
| 4 | Postal Fleet Services | 248,967 |
| 5 | UPS Inc. | 211,211 |
| 6 | United Airlines | 177,324 |
| 7 | Kalitta Air | 170,893 |
| 8 | Evo Transportation & Energy Services | 164,890 |
| 9 | Matheson Trucking | 143,339 |
| 10 | Southern Mail Service | 114,719 |
| 11 | Midwest Transport | 114,320 |
| 12 | American Airlines | 84,891 |
| 13 | Delta Air Lines | 82,789 |
| 14 | Bancroft and Sons Transportation | 80,703 |
| 15 | Alan Ritchey Inc. | 71,967 |
| 16 | Northern Aviation Services | 59,528 |
| 17 | Davenport Transportation | 51,584 |
| 18 | Tracie McCormick Inc. | 49,873 |
| 19 | Beco Inc. | 49,799 |
| 20 | Alaska Air Group | 49,149 |
| 21 | B&B Trucking | 48,525 |
| 22 | AJR Trucking | 41,995 |
| 23 | Alaska Central Express | 41,505 |
| 24 | McCormick Trucking | 38,025 |
| 25 | Sodrel Truck Lines | 37,858 |
| 26 | XPO | 36,388 |
| 27 | Metro Air Service | 33,181 |
| 28 | Everts Air Alaska | 31,787 |
Extras
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
105
On the Bubble
Postal Fleet Services
($249 million), is a U.S. Postal Service supplier based in St. Augustine, Fla.
Learn more about Transport Topics' Top 100 For-Hire Companies publication.
COVID-19 has created significant financial challenges for many trucking and logistics companies.
Fleets are emphasizing cleaning and physical distancing at loading docks to help protect drivers from COVID-19.
Drivers have been more isolated than usual during the pandemic due to social distancing measures.
Market uncertainty due to COVID-19 has depressed demand for new trucking equipment.
Small trucking companies such as Boyle Transportation are playing a direct role in the response to COVID-19.
Industry experts explain how this public health crisis might change freight transportation in the years ahead.
For-Hire News
Business, Logistics, For-Hire, Global Freight
FedEx Pilots Plan Strike Authorization Vote as Labor Talks Stall
Business, Logistics, For-Hire
Forward Air Reports Q4, Full-Year Records
Forward Air Corp. reported record fourth-quarter and full-year revenue, operating income and net income per diluted share Feb. 8.
February 9, 2023Government, Business, Technology, Equipment, Autonomous, For-Hire
Electric, Autonomous Trucks Hold Promise, Executives Say
LAS VEGAS — Autonomous and electric-powered trucks hold great potential to improve safety and efficiency in the freight transportation sector, but it will take time for these emerging technologies to overcome various market challenges and achieve widespread commercialization, industry executives said.
February 8, 2023Business, Logistics, For-Hire
Forward Air Expands in Chicago Area With New Terminal
Forward Air Corp. will expand its expedited less-than-truckload service offering in the Chicago area with a new terminal in Bolingbrook, Ill., the company announced Feb. 6.
February 6, 2023Business, For-Hire
ArcBest Reports Earnings Decline, Revenue Gain for Q4
ArcBest experienced a decline in earnings year-over-year on moderate revenue gains during the fourth quarter of 2022, the company reported Feb. 3.
February 3, 2023Business, Logistics, For-Hire
Schneider Reports 18% Earnings Decline for Q4
Schneider experienced an 18% year-over-year drop in fourth-quarter earnings, the company reported Feb. 2.
February 2, 2023Business, Logistics, For-Hire
Landstar System Reports Revenue Decline for Q4
Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Feb. 1.
February 2, 2023Business, For-Hire, Global Freight
FedEx to Cut Management Jobs by More Than 10%
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, 2023Business, 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.
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