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, Technology, Equipment, For-Hire

Doug Nickles Crowned TMCSuperTech Grand Champion

CLEVELAND — Doug Nickles from FedEx Freight earned his first TMCSuperTech grand champion honor at ATA's  Technology & Maintenance Council’s National Technicians Skills Competition.

Michael Freeze | Features Editor
September 20, 2023
Business, Fuel, For-Hire, Private

Love’s Travel Stops No. 1 on Happiest Employees List

Love’s Travel Stops & Country Stores, a family-run chain of truck stops founded nearly 60 years ago, topped storied firms like IBM, Nike and Apple in a new ranking of employee well-being.

Matthew Boyle | Bloomberg News
September 20, 2023
Government, Business, Logistics, For-Hire

Nearshoring Boom Faces Growing Pains

The escalation of nearshoring this year has brought an increased need to bolster infrastructure investments and supply chain operations, according to experts.

Connor D. Wolf | Staff Reporter
September 13, 2023
Business, Logistics, For-Hire

UPS CEO Carol Tomé Outlines Challenging Year Ahead

UPS Inc. will pay out the biggest portion of its new labor pact over the next 12 months while trying to win back customers it lost during the contentious contract talks, CEO Carol Tomé said.

Thomas Black | Bloomberg News
September 12, 2023
Business, Technology, Equipment, For-Hire

Estes Among Fleets to Pilot Remora’s Carbon Capture System

Estes was among the first commercial for-hire carriers to sign up to pilot emerging technology developed by Remora.

Gary Frantz | Special to Transport Topics
September 8, 2023
Business, Logistics, For-Hire

UPS to Raise Average Prices by 5.9%

UPS Inc. will raise prices 5.9%, to take effect on Dec. 26.

Thomas Black | Bloomberg News
September 8, 2023
Government, Business, Technology, Autonomous, For-Hire

FAA Clears UPS Drones for Longer Flights

Two more companies including UPS have been granted approval to fly drones beyond the sight of ground operators in a key step that could eventually enable widespread package delivery.

Alan Levin | Bloomberg News
September 6, 2023
Business, Equipment, For-Hire

Trimac Acquires Two More Carriers, Continues to Shop

Trimac Transportation Ltd. has purchased two North American bulk haulage carriers in the past few weeks, and has plans to accelerate its ongoing buying spree.

Keiron Greenhalgh | Staff Reporter
September 1, 2023
Business, Logistics, For-Hire

UPS Offers Buyouts to 167 Pilots as Air Cargo Slumps

UPS Inc. is offering a voluntary severance package for 167 pilots amid a slump in air freight volume.

Thomas Black | Bloomberg News
August 31, 2023
Government, Business, Equipment, For-Hire

Used Truck Market Can Likely Handle Yellow Liquidation

Used trucks and trailers owned by bankrupt Yellow Corp. are set to come up for auction in unprecedented numbers, but the market can handle it, say observers.

Keiron Greenhalgh | Staff Reporter
August 31, 2023
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