UPS Inc. investors will wait longer than usual to hear from CEO Carol Tomé this quarter as the company works to avoid a harmful worker strike.
July 11, 2023Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Motor Vehicle/Driveaway Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | Jack Cooper Holdings | 728,589 |
2 | United Road Services | 500,000 |
3 | Cassens Transport | 327,206 |
4 | Bennett Family of Cos. | 82,770 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Extras
On the Bubble
UPS Schedules Later Release of Midyear Earnings
Yellow Gains Financial Targets Waiver
Yellow Corp. will not have to meet certain financial targets under a deal with its lenders, winning valuable breathing space as it battles the Teamsters union and the threat of bankruptcy.
Analysts: Walkout at UPS Would Have Deep Impact on Economy
A strike by UPS workers if a new labor agreement isn’t reached with the Teamsters would hold significant implications across the supply chain, industry analysts said.
Knight-Swift Closes Acquisition of U.S. Xpress
Knight-Swift Transportation Holdings closed on its previously announced acquisition of U.S. Xpress Enterprises, the company announced July 5.
UPS-Teamsters Talks Break Down
Negotiations on a new labor deal between UPS Inc. and the Teamsters stalled July 5 after showing promise over the weekend, renewing concern that workers could strike at the end of the month.
Industry Sector Rankings Show Growth, Acquisitions by Carriers
Most of North America’s largest for-hire carriers operating in many diverse segments of the trucking industry reported higher revenues last year.
Fleets Turn to Tech to Manage Complexity of Regulatory Compliance
With more drivers and equipment to manage, some fleet operators have implemented technology to help navigate the complexity of the industry’s regulations and better manage safety audits.
Industry Stakeholders Take Aim at Truck Parking Shortage
According to reports from the American Transportation Research Institute, truck parking has been one of the industry’s top concerns for several years.
The Truckers of Tomorrow
In the years ahead, the essential task of hauling the nation’s freight and keeping the economy rolling will increasingly shift to a new generation of professional truck drivers.
Top 100 For-Hire Carriers Grow Despite Softer Freight Market
Despite a softer freight environment, most of the largest trucking companies in North America continued to grow their businesses last year even as spot market rates dropped.