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.
April 25, 2023
2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
Fleets have been overcoming unprecedented challenges to keep essential freight moving during the pandemic.
See the locations of the headquarters for each of the Top 100 for-hire carriers in North America.
COVID-19 has transformed 2020 into a tumultuous year for trucking, but the Top 100 list remains stable, at least for now.
Rankings
Top 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. | 60,713,000 |
| 2 | FedEx Corp. | 57,558,000 |
| 3 | Purolator | 1,166,279 |
| 4 | OnTrac Inc. | 618,000 est |
| 5 | TFI International | 473,644 |
| 6 | LaserShip Inc./OnTrac Inc. | 452,000 est |
| 7 | Diligent Delivery Systems | 157,080 |
| 8 | Spee-Dee Delivery Service | 151,400 |
| 9 | Pace Runners | 59,000 est |
| 10 | Day & Ross | 39,914 |
| 11 | Auto Express Tijuana Mexico | 38,600 est |
| 12 | Pitt Ohio | 33,132 |
Extras
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
102
On the Bubble
Daylight Transport
($262 million), is a regional and interregional less-than-truckload carrier based in Long Beach, Calif.
Learn more about Transport Topics' Top 100 For-Hire Companies publication.
COVID-19 has created significant financial challenges for many trucking and logistics companies.
Fleets are emphasizing cleaning and physical distancing at loading docks to help protect drivers from COVID-19.
Drivers have been more isolated than usual during the pandemic due to social distancing measures.
Market uncertainty due to COVID-19 has depressed demand for new trucking equipment.
Small trucking companies such as Boyle Transportation are playing a direct role in the response to COVID-19.
Industry experts explain how this public health crisis might change freight transportation in the years ahead.
For-Hire News
Business, Logistics, For-Hire
UPS Reports Lower Earnings as Consumer Spending Slows
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, 2023Business, 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.
April 21, 2023Business, 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.
April 19, 2023Business, 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, 2023Business, 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.
April 14, 2023Business, 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.
April 5, 2023Business, 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, 2023Business, 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.
March 29, 2023Business, Equipment, For-Hire
February Trailer Orders Down 2.6% Year-Over-Year
U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.
March 22, 2023Archives
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