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

Landstar Records Q2 Earnings Drop but Beats Expectations

Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.

Connor D. Wolf | Staff Reporter
July 27, 2023
Government, Business, For-Hire

Yellow Says Discussions With Teamsters Ongoing

Less-than-truckload carrier Yellow Corp. said it continues to negotiate with union leaders as the future of the company, which has been in operation for nearly 100 years, may be in jeopardy.

Dan Ronan | Senior Reporter
July 26, 2023
Business, Logistics, Breaking News, For-Hire

UPS, Teamsters Reach Agreement on New Contract

UPS and the Teamsters have reached a tentative five-year collective bargaining agreement that covers more than 340,000 workers, the company and the union announced in separate statements.

Joe Howard and Dan Ronan | Staff Reporters
July 25, 2023
Business, Logistics, For-Hire

FedEx Pilots Reject Proposed Multiyear Contract

Union pilots who fly for FedEx announced on July 24 the rejection of a proposed multiyear contract from the company, with 57% of members voting against the deal.

Dan Ronan | Senior Reporter
July 24, 2023
Business, Logistics, For-Hire, TCA

Companies That Ship With UPS Develop Contingencies

Some large retailers and other companies across the country are warning customers of potential delivery delays if there is a UPS strike.

Kelly Yamanouchi | The Atlanta Journal-Constitution
July 24, 2023
Government, Business, For-Hire

Teamsters Halt Yellow Strike Plan After Benefits Extended

An agreement between the Teamsters and Central States Funds averts, for now, a strike that could have begun as soon as July 24 against Yellow Corp.

Dan Ronan | Senior Reporter
July 23, 2023
Business, For-Hire

A UPS Strike May Curb Progress on Inflation, Supply Chains

A potential strike by 340,000 unionized workers at UPS Inc. threatens to unravel progress in tackling two of the U.S. economy’s biggest hurdles: inflation and supply chain disruptions.

July 21, 2023
Business, Logistics, For-Hire

Knight-Swift Reports 71% Earnings Drop for Q2

Knight-Swift Transportation Holdings Inc. on July 20 reported that earnings dropped 71% year-over-year in the second quarter.

Connor D. Wolf | Staff Reporter
July 21, 2023
Government, Business, For-Hire, TCA

UPS Pilots to Honor Picket Lines if Teamsters Strike

The pilots union at Sandy Springs, Ga.-based UPS Inc. plans to honor picket lines in the event of a Teamsters strike against the shipping giant.

Kelly Yamanouchi | The Atlanta Journal-Constitution
July 19, 2023
Business, Logistics, For-Hire

J.B. Hunt Reports Year-Over-Year Declines for Q2

J.B. Hunt Transport Services experienced a year-over-year decline in earnings and revenue during the second quarter, the company reported July 18.

Connor D. Wolf | Staff Reporter
July 19, 2023
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