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, For-Hire

Old Dominion Freight Line Reports Record Revenue for Q1

Old Dominion Freight Line’s revenue reached a record during the first quarter, the company announced April 27.

Connor D. Wolf | Staff Reporter
April 27, 2022
Business, Logistics, For-Hire

UPS Reports Strong Q1 Earnings Amid Lower Package Volume

UPS Inc. reported first-quarter earnings that exceeded Wall Street expectations, saying its quarterly income increased to $3.3 billion compared with $2.77 billion in the first quarter of 2021.

Dan Ronan | Senior Reporter
April 26, 2022
Business, For-Hire

Does Your Business Belong on Our List of Top 100 For-Hire Carriers?

Think your company deserves a spot on our prestigious 2022 For-Hire Carriers rankings? Or perhaps on one of our sector lists? Fill out our survey so you can be included!

April 25, 2022
Business, Technology, Logistics, For-Hire

Ryder Opens Third E-Commerce Distribution Center in Columbus Market

Ryder System Inc. opened its third multiclient omnichannel distribution center in Columbus, Ohio, the company announced April 25.

Connor D. Wolf | Staff Reporter
April 25, 2022
Business, For-Hire

Penske Truck Leasing Expands in Washington State

Penske Truck Leasing announced it opened a new facility in Everett, Wash., that offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance.

April 22, 2022
Business, Logistics, For-Hire

Mullen Reports Q1 Revenue, Profit Growth

Mullen Group Ltd. reported double-digit increases in profit and revenue for the first quarter but warned that the motor carrier was concerned about surging inflation and higher fuel expenses.

Jerry Hirsch | Contributing Writer
April 21, 2022
Business, For-Hire

Landstar Reports Record Revenue, Earnings for Q1

Landstar System Inc. saw revenue and earnings reach a new record during the first quarter, the company reported April 20.

Connor D. Wolf | Staff Reporter
April 21, 2022
Business, Logistics, For-Hire

Knight-Swift Reports $1.8 Billion Revenue for Q1

Knight-Swift Transportation Holdings Inc. posted revenue and earnings growth during the first quarter, the company reported April 20.

Connor D. Wolf | Staff Reporter
April 21, 2022
Business, Logistics, For-Hire

J.B. Hunt Reports Jump in Revenue for Q1

J.B. Hunt Transport Services Inc. experienced a 33% increase in revenue year-over-year for the first quarter of 2022, the company reported April 18.

Connor D. Wolf | Staff Reporter
April 18, 2022
Business, Logistics, For-Hire

XPO to Open LTL Terminals in California, Georgia

XPO Logistics Inc. will expand its less-than-truckload network with the openings of two terminals, the company announced April 18.

April 18, 2022
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