Marten Transport reported its 15th consecutive year-over-year increase in quarterly profitability Oct. 17, but still the results missed analysts’ expectations.
October 18, 2022Top 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 Package/Courier Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | UPS Inc. | 58,035,000 |
2 | FedEx Corp. | 57,428,000 |
3 | Purolator | 1,078,043 |
4 | OnTrac Inc. | 562,000 est |
5 | TFI International | 488,575 |
6 | LaserShip Inc./OnTrac Inc. | 435,000 est |
7 | General Logistics Systems | 179,826 |
8 | Spee-Dee Delivery Service | 154,000 |
9 | Transportes Pitic | 88,900 |
10 | Pace Runners | 59,000 |
11 | Koch Cos. | 37,080 |
12 | Pitt Ohio | 33,132 |
13 | Day & Ross | 28,480 |
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
Marten Reports 15th Consecutive Increase in Quarterly Profitability
NFI Acquires MCO Transport to Bolster Southeastern Port Operations
North American supply chain solutions company NFI has acquired southeastern port service solutions provider MCO Transport Inc., the company announced Oct. 10.
XPO Board of Directors Approves RXO Spinoff
XPO Logistics Inc. received board approval to spin off its technology-based brokered operations into a stand-alone business, the company announced Oct. 10.
Industry Works to Make Tractor-Trailer Connections More Efficient
Fleets are looking for solutions — some of them low-tech — to ensure trucks and trailers talk to each other now.
Broad Relief Efforts Converge After Hurricane Ian
Trucking companies, government entities and nonprofit groups responded to the devastation wrought along Florida’s Gulf Coast by Hurricane Ian last month with relief efforts for the many areas affected by the storm, and are working to overcome challenges in getting aid to those in need.
Cash Reinvigorates Critical Chicago-Area Transportation Network
CHICAGO — Since as early as 1848, some 12 years before the Civil War, Chicago has been a major center for transportation given its central location in the country, access to newly built railroad lines and the five Great Lakes. Now, more than 170 years later, millions of products pass through its massive transportation network for trucks, rail and air each day.
J.B. Hunt Expands Transloading Services With Two More Locations
J.B. Hunt Transport Services Inc. is expanding its transload strategy with new operations in Tacoma, Wash., and Laredo, Texas, the company announced Oct. 3.
October 3, 2022Werner Acquires Truckload Carrier Baylor Trucking
Werner Enterprises Inc. said it is acquiring Baylor Trucking, a move that expands its truckload operations.
EV Startup Arrival in Talks on Funds to Unlock US Market
Electric vehicle startup Arrival SA surged after it said it’s in talks to raise capital to build and sell its products in the U.S.
Werner, Kodiak Collaborate on Driverless Longhaul Route
Werner Enterprises has partnered with the driverless trucking technology company Kodiak Robotics to establish an autonomous trucking lane, the companies announced Sept. 29.