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

TFI Reports Lower Income, Revenue

TFI International profits slid year-over-year in the three months ending March 31, with its top executive saying April 26 that conditions in the quarter were tougher than expected.

Keiron Greenhalgh | Staff Reporter
April 26, 2023
Business, Logistics, For-Hire

UPS Reports Lower Earnings as Consumer Spending Slows

UPS Inc. reported first-quarter earnings that were lower than those the Atlanta-based company posted in the same period in 2022 and were mixed when it came to Wall Street expectations.

Dan Ronan | Senior Reporter
April 25, 2023
Business, Technology, Logistics, For-Hire

Schneider Completes First EV Delivery for Frito-Lay

Schneider completed its first battery-electric vehicle delivery with Frito-Lay North America, the multimodal transportation provider announced April 17.

April 24, 2023
Business, Logistics, For-Hire

Knight-Swift Reports Revenue, Earnings Decline for Q1

Knight-Swift Transportation Holdings Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 20.

Connor D. Wolf | Staff Reporter
April 21, 2023
Business, Equipment, For-Hire, Private, TCA

Amazon May Charge a Return Fee at UPS Stores

If you opt to return your Amazon purchase at a UPS store, that transaction just might cost you.

Jessica Jones-Gorman | Staten Island Advance
April 19, 2023
Business, Technology, Equipment, Logistics, For-Hire

NFI Ramps Up Battery-Electric Truck Deployment in California

NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.

April 18, 2023
Business, Logistics, For-Hire, TCA

UPS, Teamsters Poised for Massive Contract Talks

High-stakes negotiations could start April 17 between the Teamsters and package delivery giant UPS that could have far-reaching reverberations.

Kelly Yamanouchi | The Atlanta Journal-Constitution
April 14, 2023
Business, Equipment, Logistics, Breaking News, For-Hire

FedEx to Merge Ground, Express Units

FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.

Dan Ronan | Senior Reporter
April 5, 2023
Business, Logistics, For-Hire

Penske Announces Kris-Way Truck Leasing Acquisition

Penske Truck Leasing announced March 30 that it has reached an agreement to acquire Kris-Way Truck Leasing Inc.

April 3, 2023
Business, Logistics, For-Hire

RXO Opens New Cross-Border Facility in Texas

RXO celebrated the grand opening of its newest cross-border facility in Laredo, Texas, the company announced March 29.

Connor D. Wolf | Staff Reporter
March 29, 2023
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