Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.
May 12, 2022
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.
103
On the Bubble
United Vision Logistics
($261 million), is a flatbed and heavy specialized carrier based in Lafayette, La.
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
Trucking Continues to See Robust M&A Market
Business, Equipment, For-Hire
Yellow Narrows Losses, Outlines Goals
Yellow Corp. posted its best first-quarter results in six years as losses narrowed and revenue increased, the company announced May 10.
May 11, 2022Business, Technology, Equipment, For-Hire
VTNA Gets Orders for 90 More VNR Electric Trucks
LONG BEACH, Calif. — Volvo Trucks North America announced NFI Industries and Quality Custom Distribution, between them, placed orders for an additional 90 Volvo VNR Electric Class 8 vehicles.
May 11, 2022Business, Logistics, For-Hire
U.S. Xpress Reports Earnings Loss Despite Revenue Gains
U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.
May 9, 2022Government, Business, Logistics, For-Hire
China’s Port Lockdowns Threaten Domestic Trucking
China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.
May 5, 2022Business, For-Hire
Werner Reports 24% Increase in Revenue for Q1
Werner Enterprises posted net income of $53.7 million, or 82 cents a diluted share, for the first quarter, compared with $46.5 million, 68 cents, during the same time the previous year, the company reported May 3.
May 4, 2022Business, For-Hire
Daseke Reports 26% Rise in Revenue for Q1
Daseke Inc. experienced a 26% increase in revenue year-over-year for the first quarter, the company reported May 3.
May 3, 2022Government, Business, Technology, Fuel, For-Hire
Shippers Turn to Trucking for Help Meeting Carbon Reduction Goals
LAS VEGAS — As large corporations make bold pledges to achieve carbon neutrality in the coming decades, they are increasingly looking at their supply chains as an opportunity to make progress toward those goals.
May 3, 2022Business, For-Hire
Saia Reports 112% Increase in Earnings for Q1
Saia Inc. experienced a 112% year-over-year increase in total earnings for the first quarter, the company reported May 2.
May 2, 2022Business, For-Hire
USA Truck Reports Earnings, Revenue Growth for Q1
USA Truck posted increased year-over-year profits and revenue during the first quarter, the company reported April 28.
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