FedEx Corp. reported strong fourth-quarter and full-year earnings on June 23 that were close to meeting Wall Street expectations.
June 23, 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. | 2,050,717 |
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 |
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
FedEx Reports Quarterly, Annual Revenue Growth
Interactive Map: Where the 2023 Top 100 For-Hire Carriers Are in North America
Find out where the 2023 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.
June 23, 2022FedEx Takes Delivery of 150 BrightDrop EVs
FedEx Corp. announced June 21 it received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is decarbonizing last-mile delivery.
June 21, 2022How the Pandemic Accelerated Change for Motor Carriers
Few industries came under as much pressure and made as many adjustments during the COVID-19 pandemic as trucking. Industry executives see permanent changes resulting from how COVID altered the economy, consumer behavior and business interactions.
2022 Top 100 For-Hire Carriers List Illustrates Growth of Large Fleets
Despite lingering supply chain disruptions and an extremely tight labor market, most of the largest for-hire motor carriers in North America achieved significant revenue gains and higher profits last year. That extraordinary business growth is clearly reflected on the 2022 edition of Transport Topics’ Top 100 For-Hire Carriers list.
Ryder Expands Freight Brokerage Business
Ryder System Inc. is expanding its freight brokerage business with the addition of new offices, the company announced June 16.
June 17, 2022Firms Leverage Innovations to Manage Supply Chain Disruptions
CHICAGO — Trucking and logistics leaders said their companies’ investments in technology and more flexible service offerings have paid dividends during the supply chain turbulence of the past few years.
FedEx Boosts Dividend, Shakes Up Board
FedEx Corp. boosted its dividend and announced board changes in coordination with activist investor D.E. Shaw & Co., shaking up the courier just two weeks into the tenure of new CEO Raj Subramaniam.
Schneider Acquires deBoer Transportation
Schneider National announced June 7 that it has closed an acquisition on fellow Wisconsin-based carrier deBoer Transportation, a regional and dedicated carrier headquartered in Blenker.
June 8, 2022XPO, Google Cloud Collaborate to Improve Supply Chains
XPO Logistics Inc. and Google Cloud joined forces on a multiyear collaboration to improve supply chains, the companies announced June 6.
June 7, 2022