The biggest shareholder of India’s largest airline, IndiGo, teamed up with UPS Inc. to tap the South Asian nation’s growing logistics market.
May 26, 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. | 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 |
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
IndiGo Founder Partners With UPS for Logistics Venture
Fleets Find Challenges in Rising Maintenance Costs, Parts Shortages
With a laundry list of hurdles facing many trucking companies, the focus on preventive maintenance becomes clearer as fleets are adding alternative suppliers and providers, and stockpiling inventory to help control costs and reduce downtime.
U.S. Xpress Cuts 70 Corporate, IT Jobs
After reporting a first-quarter loss of more than $8.9 million May 5, U.S. Xpress Enterprises confirmed May 12 it laid off about 70 of its corporate and information technology staff in response to less-than-anticipated growth in the company’s trucking business.
Trucking Continues to See Robust M&A Market
Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.
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.
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.
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.
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.
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.
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.