2021 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
After navigating COVID-19's disruption, trucking now has entered a historically strong business environment.
Find out where the Top 100 are located by North American region.
Small carriers often were hardest hit by COVID, but large fleets faced challenges, too.
Rankings
Rank Company Revenue (000)
1 UPS Inc. 69,444,000
2 FedEx Corp. 68,119,000
3 Purolator 1,646,117
4 OnTrac Inc. 832,000
est
5 LaserShip Inc./OnTrac Inc. 725,000
est
6 TFI International 481,490
7 Spee-Dee Delivery Service 164,453
8 Diligent Delivery Systems 157,080
est
9 Fastfrate Group 109,000
10 Day & Ross 32,460
11 Canada Cartage 6,281
Extras
If your company appears on the 2021 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
104

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 Carriers publication.
How companies are working to address the persistent driver shortage.
A look at how different segments of the trucking industry fared in 2020.
Some U.S. truckers are busier than they have ever been.
For-Hire News
Government, Business, Equipment, For-Hire

Pup Trailers Can Help Fleets Improve Efficiency, Lower Costs

Trucks pulling two 28-foot trailers, or “pups,” have become common in the LTL segment as large fleets utilize these vehicle combinations to increase flexibility in their delivery networks.

Steve Brawner | Contributing Writer
November 12, 2024
Business, Technology, Equipment, Fuel, Logistics, For-Hire, Private, Global Freight

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

Keiron Greenhalgh | Staff Reporter
November 7, 2024
Business, Logistics, For-Hire, Top 100

Intermodal Load Growth Cushions Hub Group Q3 Profit Decline

Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.

Keiron Greenhalgh | Staff Reporter
November 7, 2024
Business, Logistics, For-Hire, Top 100

Schneider Q3 Revenue, Profit Decline in Weak Freight Market

The company's results missed expectations from investment analysts on Wall Street, who had been looking for earnings per share of 23 cents and quarterly revenue of $1.33 billion.

Connor D. Wolf | Staff Reporter
November 6, 2024
Business, For-Hire

Heartland Express in Red for Q3 Again but Loss Narrows

Losses at Heartland Express narrowed year over year in the third quarter as both legacy brands and two more recently acquired units turned in an improved performance.

Keiron Greenhalgh | Staff Reporter
November 6, 2024
Business, For-Hire

Ongoing Truckload Weakness, Helene Hurt P.A.M. Q3 Profit

Profits at P.A.M. Transport slumped 61% in the third quarter of 2024 on the back of continued truckload market weakness and the impact of Hurricane Helene.

Keiron Greenhalgh | Staff Reporter
November 5, 2024
Business, Logistics, For-Hire, Top 100

Forward Air Revenue Soars 92%; Net Loss Hits $34M

The Tennessee-based ground transportation and logistics services provider posted a net loss of $34.2 million, or negative $2.62 a diluted share, for the three months ending Sept. 30.

Connor D. Wolf | Staff Reporter
November 5, 2024
Business, Logistics, For-Hire, Private, Global Freight

Retailers Offer ‘Returnless Refunds’ to Reduce Shipping Fees

Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.

Haleluya Hadero | Associated Press
November 4, 2024
Business, Logistics, For-Hire, Top 100

Werner Revenue and Profit Decline on Q3 Market Struggles

The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.

October 30, 2024
Business, Logistics, For-Hire, Top 100

XPO Net Income Climbs 10% on Strong LTL Pricing in Q3

XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.

October 30, 2024
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