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
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
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110

On the Bubble

Magnate Worldwide ($235 million), is an air and expedited carrier based in Toledo, Ohio
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, Technology, Equipment, Fuel, Logistics, For-Hire

FedEx Takes Delivery of 150 BrightDrop EVs

FedEx Corp. announced June 21 it received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is decarbonizing last-mile delivery.

June 21, 2022
Government, Business, Safety, For-Hire

How the Pandemic Accelerated Change for Motor Carriers

Few industries came under as much pressure and made as many adjustments during the COVID-19 pandemic as trucking. Industry executives see permanent changes resulting from how COVID altered the economy, consumer behavior and business interactions.

Jerry Hirsch | Contributing Writer
June 17, 2022
Business, For-Hire

2022 Top 100 For-Hire Carriers List Illustrates Growth of Large Fleets

Despite lingering supply chain disruptions and an extremely tight labor market, most of the largest for-hire motor carriers in North America achieved significant revenue gains and higher profits last year. That extraordinary business growth is clearly reflected on the 2022 edition of Transport Topics’ Top 100 For-Hire Carriers list.

Seth Clevenger | Managing Editor, Features and Multimedia
June 17, 2022
Business, Equipment, Logistics, For-Hire

Ryder Expands Freight Brokerage Business

Ryder System Inc. is expanding its freight brokerage business with the addition of new offices, the company announced June 16.

June 17, 2022
Business, Technology, Logistics, For-Hire

Firms Leverage Innovations to Manage Supply Chain Disruptions

CHICAGO — Trucking and logistics leaders said their companies’ investments in technology and more flexible service offerings have paid dividends during the supply chain turbulence of the past few years.

Seth Clevenger | Managing Editor, Features and Multimedia
June 15, 2022
Business, For-Hire

FedEx Boosts Dividend, Shakes Up Board

FedEx Corp. boosted its dividend and announced board changes in coordination with activist investor D.E. Shaw & Co., shaking up the courier just two weeks into the tenure of new CEO Raj Subramaniam.

June 14, 2022
Business, Logistics, For-Hire

Schneider Acquires deBoer Transportation

Schneider National announced June 7 that it has closed an acquisition on fellow Wisconsin-based carrier deBoer Transportation, a regional and dedicated carrier headquartered in Blenker.

June 8, 2022
Business, Technology, Logistics, For-Hire

XPO, Google Cloud Collaborate to Improve Supply Chains

XPO Logistics Inc. and Google Cloud joined forces on a multiyear collaboration to improve supply chains, the companies announced June 6.

June 7, 2022
Business, Logistics, For-Hire

XPO’s SEC Filing Advances Spinoff of Brokerage Platform

XPO Logistics Inc. has filed a confidential Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spinoff of its tech-enabled brokered transportation platform, the company announced.

June 6, 2022
Business, Technology, Logistics, For-Hire

FedEx-Backed Freightos to Go Public

Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.

Kamaron Leach | Bloomberg News
May 31, 2022
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