2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.
The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.
Find out where the Top 100 For-Hire Carriers are based.
Rankings
Rank Company Revenue (000)
1 FedEx Corp. 2,170,800
2 10 Roads Express 917,100
3 UPS Inc. 290,800
4 Victory Packaging 262,700
5 XPO 202,200
6 United Airlines 197,200
7 Postal Fleet Services 196,700
8 Matheson Trucking 194,600
9 Kalitta Air 176,400
10 Evo Transportation & Energy Services 164,200
11 Midwest Transport 132,300
12 Southern Mail Service 131,100
13 McCormick Trucking 115,600
14 Delta Air Lines 90,800
15 Amerijet International 90,700
16 Bancroft and Sons Transportation 78,400
17 Alan Ritchey Inc. 72,900
18 American Airlines 72,200
19 EVE International Logistics 71,600
20 Davenport Transportation 68,000
21 Alaska Central Express 61,700
22 AJR Trucking 54,500
23 B&B Trucking 52,300
24 Beco Inc. 51,500
25 Sodrel Truck Lines 47,700
26 Alaska Air Group 44,900
27 Lyons Express 42,000
28 Atlas World Group 31,300
Extras
Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.
For-Hire News
Business, Logistics, For-Hire

Moran Transportation Expands Into Ohio With RMX Acquisition

The acquisition brings 50 to 60 trucks and three service centers into Moran’s operations, increasing its total to 12 service centers and more than 675 pieces of equipment across the Midwest.

November 18, 2024
Business, Logistics, For-Hire, Top 100

Landstar Taps Beacom and Miller for New Roles

Joe Beacom will become president of Landstar System Holdings. Matt Miller will succeed Beacom as vice president and chief safety and operations officer.

November 18, 2024
Business, For-Hire

LaserShip Inks $300 Million Debt Restructuring Deal

American Securities-backed LaserShip Inc. reached a debt-restructuring deal with some creditors that would provide fresh money, reduce debt and revamp the repayment line in the latest such proposal by distressed debtors.

November 18, 2024
Business, Logistics, For-Hire

J.B. Hunt Promotes Trio of Executives

J.B. Hunt Transport Services recently announced a series of executive appointments.

November 15, 2024
Business, Logistics, For-Hire, Top 100

Kuehne + Nagel Acquires Majority Stake in IMC Logistics

Kuehne + Nagel, a Switzerland-based global transportation and logistics company, acquired a majority stake in marine drayage provider IMC Logistics, it announced Nov. 14.

November 14, 2024
Business, Logistics, For-Hire, Private

Leading Freight Companies Prepare for Trucking Turnaround

Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.

Connor D. Wolf | Staff Reporter
November 14, 2024
Business, Logistics, For-Hire, Top 100

TFI Buys Manitoba-Based TL, LTL Carrier Keystone Western

TFI International bought truckload and less-than-truckload carrier Keystone Western for an undisclosed sum, the company said in a LinkedIn post.

Keiron Greenhalgh | Staff Reporter
November 13, 2024
Business, Logistics, For-Hire, Top 100

PS Logistics Unit Buys Louisiana Flatbed Carrier Fluker

Since 2016, Birmingham, Ala.-based PS Logistics has acquired 27 trucking operations and five non-asset-based logistics operations in the U.S.

Keiron Greenhalgh | Staff Reporter
November 12, 2024
Government, Business, Equipment, For-Hire

Pup Trailers Can Help Fleets Improve Efficiency, Lower Costs

Trucks pulling two 28-foot trailers, or “pups,” have become common in the LTL segment as large fleets utilize these vehicle combinations to increase flexibility in their delivery networks.

Steve Brawner | Contributing Writer
November 12, 2024
Business, Technology, Equipment, Fuel, Logistics, For-Hire, Private, Global Freight

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

Keiron Greenhalgh | Staff Reporter
November 7, 2024
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