Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.
July 27, 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 | United Road Services | 659,000 |
2 | Jack Cooper Holdings | 581,000 |
3 | Cassens Transport | 292,635 |
4 | Hansen & Adkins Auto Transport | 290,935 |
5 | Bennett Family of Cos. | 98,108 |
6 | Daseke Inc. (TFI) | 10,300 |
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
Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge
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.
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.
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.
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.
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.
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.
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.
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.
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.