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.
102

On the Bubble

Daylight Transport ($262 million), is a regional and interregional less-than-truckload carrier based in Long Beach, Calif.
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

XPO’s SEC Filing Advances Spinoff of Brokerage Platform

XPO Logistics Inc. has filed a confidential Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spinoff of its tech-enabled brokered transportation platform, the company announced.

June 6, 2022
Business, Technology, Logistics, For-Hire

FedEx-Backed Freightos to Go Public

Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.

Kamaron Leach | Bloomberg News
May 31, 2022
Business, Technology, Equipment, Fuel, For-Hire

Trailer Manufacturers, Suppliers Aim to Help Fleets Curb Fuel Costs

Fleets and shippers have found that monitoring trailer performance plays an important role in achieving optimal fuel savings.

Jack Ferry | Special to Transport Topics
May 31, 2022
Business, Logistics, For-Hire

IndiGo Founder Partners With UPS for Logistics Venture

The biggest shareholder of India’s largest airline, IndiGo, teamed up with UPS Inc. to tap the South Asian nation’s growing logistics market.

Ragini Saxena | Bloomberg News
May 26, 2022
Business, Equipment, Logistics, For-Hire

Fleets Find Challenges in Rising Maintenance Costs, Parts Shortages

With a laundry list of hurdles facing many trucking companies, the focus on preventive maintenance becomes clearer as fleets are adding alternative suppliers and providers, and stockpiling inventory to help control costs and reduce downtime.

Mindy Long | Special to Transport Topics
May 24, 2022
Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts 70 Corporate, IT Jobs

After reporting a first-quarter loss of more than $8.9 million May 5, U.S. Xpress Enterprises confirmed May 12 it laid off about 70 of its corporate and information technology staff in response to less-than-anticipated growth in the company’s trucking business.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
May 13, 2022
Business, Logistics, For-Hire

Trucking Continues to See Robust M&A Market

Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.

Connor D. Wolf | Staff Reporter
May 12, 2022
Business, Equipment, For-Hire

Yellow Narrows Losses, Outlines Goals

Yellow Corp. posted its best first-quarter results in six years as losses narrowed and revenue increased, the company announced May 10.

Dan Ronan | Senior Reporter
May 11, 2022
Business, Technology, Equipment, For-Hire

VTNA Gets Orders for 90 More VNR Electric Trucks

LONG BEACH, Calif. — Volvo Trucks North America announced NFI Industries and Quality Custom Distribution, between them, placed orders for an additional 90 Volvo VNR Electric Class 8 vehicles.

Roger Gilroy | Senior Reporter
May 11, 2022
Business, Logistics, For-Hire

U.S. Xpress Reports Earnings Loss Despite Revenue Gains

U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.

Connor D. Wolf | Staff Reporter
May 9, 2022
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