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
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.
107

On the Bubble

Autotransportes de Carga Treguerras ($244 million), is a less-than-truckload and package carrier based in Guanajuato, Mexico.
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, For-Hire

ATA Group Advances Trucking Diversity Initiative

A working group formed by American Trucking Associations to advance diversity in the industry has drafted guidelines to help fleets of all sizes foster greater inclusiveness in their ranks, and has now created an award to recognize industry diversity efforts.

Connor D. Wolf | Staff Reporter
August 26, 2022
Business, For-Hire

PS Logistics Completes Acquisition, Agreement

PS Logistics announced its refrigerated carrier Purdy Bros. Trucking, based in Loudon, Tenn., completed the acquisition of certain transportation assets of Phoenix Leasing of Tennessee Inc.

August 26, 2022
Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts Nondriving Staff, Slows Spending

CHATTANOOGA, Tenn. — U.S. Xpress Enterprises is hitting the brakes on its spending, cutting its nondriving staff by another 5% this month and looking for ways to dispose of extra real estate and trim other expenses to offset rising costs amid signs of a shipping slowdown in some industries.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
August 26, 2022
Business, Technology, For-Hire, TCA

Covenant Official Says Range Is Biggest Factor in EV Adoption

CHATTANOOGA, Tenn. — The distance a battery-powered tractor-trailer can travel before recharging is “the big holdup” for the adoption of electric trucks, a top official for Chattanooga-based Covenant Logistics said Aug. 23.

Mike Pare | Chattanooga (Tenn.) Times Free Press
August 24, 2022
Business, Logistics, For-Hire, TCA

U.S. Xpress Partners With School to Launch Supply Chain Program

High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.

Carmen Nesbitt | Chattanooga Times Free Press, Tenn.
August 24, 2022
Business, Logistics, For-Hire

PS Logistics Subsidiary Acquires Noble

DMT Trucking announced Aug. 9 that it has completed its acquisition of the Scottsboro, Ala.-based Noble family of transportation businesses.

August 18, 2022
Business, Logistics, For-Hire, Top 100

XPO Posts Strong Q2 Earnings Amid Upcoming Leadership Change

XPO Logistics Inc. on Aug. 4 reported record revenue and net income for the second quarter, part of a busy week for the Greenwich, Conn.-based company.

Dan Ronan | Senior Reporter
August 5, 2022
Business, Technology, Logistics, Breaking News, For-Hire

XPO Names Mario Harik to Succeed Brad Jacobs as CEO

XPO Logistics Inc. announced that Mario Harik will succeed Brad Jacobs as CEO of XPO and join the board of directors following XPO’s planned spinoff of its tech-enabled brokerage platform.

Roger Gilroy | Senior Reporter
August 4, 2022
Business, Logistics, For-Hire

U.S. Xpress Reports $554M Revenue for Q2

U.S. Xpress Enterprises posted revenue gains but sluggish earnings during the second quarter of 2022, the company reported Aug. 3.

Connor D. Wolf | Staff Reporter
August 4, 2022
Business, Logistics, For-Hire

Werner Enterprises Reports Record for Q2

Werner Enterprises achieved its eighth consecutive quarter of record earnings per share during the second quarter of 2022, the company reported Aug. 3.

Connor D. Wolf | Staff Reporter
August 4, 2022
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