| Rank This Year | Rank Last Year | Company | Revenue (000) | Net Income (000) | Employees | Tractors* | Trailers |
|---|---|---|---|---|---|---|---|
| 1 | 1 | UPS Inc.
|
60,906,000 | 3,431,000 | 434,000 | ||
| 2 | 2 | FedEx Corp.
|
57,570,000 | 1,907,000 | 400,000 | 29,733 | 108,041 |
| 3 | 3 | XPO
|
14,619,400 | 63,100 | 89,000 | 15,396 | 27,606 |
| 4 | 4 | J.B. Hunt Transport Services
|
6,555,459 | 432,090 | 22,172 | 14,805 | 30,330 |
| 5 | 5 | Yellow Corp.
|
4,697,500 | 21,500 | 32,000 | 14,300 | 44,500 |
| 6 | 7 | Schneider
|
4,045,736 | 156,851 | 19,300 | 10,459 | 37,910 |
| 7 | 6 | Swift Transportation
|
4,031,517 | 149,267 | 21,900 | 18,366 | 64,066 |
| 8 | 8 | Hub Group
|
3,572,790 | 74,805 | 2,755 | 2,705 | 436 |
| 9 | 9 | Landstar System
|
3,167,634 | 137,350 | 1,197 | 9,186 | 15,170 |
| 10 | 10 | TFI International
|
3,037,205 | 482,592 | 17,685 | 18,535 | 25,310 |
| 11 | 11 | Old Dominion Freight Line
|
2,991,517 | 295,765 | 19,040 | 7,994 | 32,525 |
| 12 | 12 | ArcBest
|
2,700,219 | 18,652 | 13,000 | 4,387 | 21,361 |
| 13 | 13 | Ryder System
|
2,658,745 | 169,172 | 67,900 | 42,800 | |
| 14 | 14 | Estes Express Lines
|
2,400,000 | - | 16,570 | 7,009 | 26,718 |
| 15 | 16 | Roadrunner Freight
|
2,044,000 | - | 4,645 | 4,332 | 6,508 |
| 16 | 15 | Werner Enterprises
|
2,008,991 | 79,129 | 11,738 | 7,100 | 24,350 |
| 17 | 17 | UniGroup
|
1,700,000 | - | |||
| 18 | 18 | Prime Inc.
|
1,683,834 | 194,247 | 3,661 | 6,246 | 12,309 |
| 19 | 24 | CRST The Transportation Solution
|
1,546,000 | - | 7,849 | 6,682 | 13,811 |
| 20 | 26 | Purolator
|
1,526,207 | - | 10,000 | 463 | 1,280 |
| 21 | 23 | Penske Logistics
|
1,500,000 | - | 14,180 | 2,704 | 8,785 |
| 21 | 20 | Sirva
|
1,400,000 | - | |||
| 21 | 19 | U.S. Xpress Enterprises
|
1,500,000 | - | 10,135 | 7,000 | 15,500 |
| 24 | R+L Carriers
|
1,452,000 | - | 10,000 | 5,958 | 12,604 | |
| 25 | 21 | Kenan Advantage Group
|
1,421,975 | - | 7,561 | 6,869 | 10,404 |
| 26 | 23 | C.R. England
|
1,304,898 | - | 7,883 | 4,165 | 5,990 |
| 27 | 27 | NFI
|
1,250,000 | - | 8,300 | 2,793 | 8,300 |
| 28 | 25 | Saia Inc.
|
1,218,481 | 48,024 | 9,000 | 4,000 | 13,000 |
| 29 | 28 | Southeastern Freight Lines
|
1,192,296 | - | 8,458 | 3,734 | 11,943 |
| 30 | 29 | Knight-Swift Transportation Holdings
|
1,118,034 | 93,863 | 5,500 | 4,705 | 9,915 |
| 31 | 32 | Averitt Express
|
1,091,475 | - | 4,500 | 14,623 | |
| 32 | 30 | Universal Logistics Holdings
|
1,072,751 | 24,244 | 6,275 | 3,801 | 4,154 |
| 33 | 32 | Celadon Group Inc.
|
1,050,000 | 2,700 | 6,000 | 7,050 | 15,000 |
| 34 | 37 | Anderson Trucking Service
|
1,032,144 | - | 1,410 | 2,372 | 6,300 |
| 35 | 33 | Crete Carrier Corp.
|
1,030,000 | - | 5,500 | 5,130 | 12,883 |
| 36 | Cardinal Logistics
|
1,000,600 | - | 4,642 | 3,020 | 9,725 | |
| 37 | 35 | Forward Air
|
982,530 | 27,670 | 3,689 | 935 | 4,868 |
| 38 | 36 | KLLM Transport Services
|
937,000 | - | 3,815 | 5,300 | |
| 39 | 34 | Lynden
|
925,000 | - | 2,800 | 768 | 2,889 |
| 40 | 38 | Ruan
|
872,184 | - | 5,546 | 3,425 | 8,165 |
| 41 | 39 | Atlas World Group
|
795,239 | - | 2,159 | ||
| 42 | 46 | Daseke Inc. (TFI)
|
770,000 | -8,700 | 3,400 | 3,500 | 7,300 |
| 43 | 42 | Quality Carriers
|
758,000 | - | |||
| 44 | 113 | Central Transport International
|
703,000 | - | 3,180 | 6,543 | |
| 45 | 42 | Trimac Transportation
|
700,000 | - | 3,400 | 1,800 | 2,400 |
| 46 | 47 | Marten Transport
|
671,144 | 33,464 | 3,622 | 2,848 | 4,854 |
| 47 | 43 | Covenant Logistics Group
|
670,651 | 16,835 | 4,400 | 2,535 | 7,389 |
| 48 | 44 | Jack Cooper Holdings
|
667,849 | - | 2,119 | 2,126 | |
| 49 | 46 | Stevens Transport
|
662,450 | 77,990 | 2,703 | 2,690 | 3,795 |
| 50 | 52 | Pitt Ohio
|
649,972 | - | 3,178 | 866 | 2,072 |
| 51 | 45 | Day & Ross
|
640,515 | - | 1,829 | 1,531 | 4,010 |
| 52 | 41 | Heartland Express
|
612,937 | 56,386 | 3,600 | 5,049 | 15,218 |
| 53 | 54 | AAA Cooper Transportation
|
605,538 | - | 4,600 | 2,400 | 6,000 |
| 54 | 49 | Suddath
|
550,000 | - | |||
| 55 | 52 | Western Express
|
527,909 | 38,334 | 3,000 | 2,582 | 7,366 |
| 56 | 54 | United Road Services
|
525,000 | - | 1,700 | 1,835 | 1,200 |
| 56 | OnTrac Inc.
|
525,000 | - | 3,000 | 55 | 571 | |
| 58 | 51 | Mullen Group
|
520,272 | - | 3,267 | 1,821 | 4,998 |
| 59 | 59 | Evans Delivery
|
505,000 | - | 320 | 3,865 | 650 |
| 60 | 58 | Dayton Freight Lines
|
498,370 | - | 4,010 | 1,387 | 3,664 |
| 61 | 58 | PS Logistics
|
495,300 | - | 2,600 | 2,247 | 2,359 |
| 62 | 57 | Canada Cartage
|
452,728 | - | 3,110 | 2,429 | 2,736 |
| 63 | 55 | Mercer Transportation
|
449,337 | - | 295 | 2,228 | 2,400 |
| 64 | 69 | Dart Transit Co.
|
441,845 | - | 1,273 | 2,187 | 6,963 |
| 65 | 63 | California Cartage Co.
|
440,000 | - | 1,500 | ||
| 66 | 60 | Shevell Group
|
436,000 | - | 3,895 | 1,550 | 3,902 |
| 67 | 62 | Cowan Systems
|
434,018 | - | 1,915 | 2,059 | 5,111 |
| 68 | 66 | P.A.M. Transport
|
432,852 | 11,101 | 2,463 | 5,699 | |
| 69 | 68 | Bennett Family of Cos.
|
429,616 | - | 998 | 1,338 | 1,892 |
| 70 | 53 | USA Truck
|
429,099 | -7,699 | 2,000 | 1,415 | 5,605 |
| 71 | 61 | TransX Group of Companies
|
423,678 | - | 2,617 | 1,560 | 4,410 |
| 72 | 66 | Mesilla Valley Transportation
|
402,940 | - | 1,900 | 1,400 | 5,100 |
| 73 | TMC Transportation
|
394,000 | - | ||||
| 74 | 65 | Bison Transport
|
432,084 | - | 2,559 | 1,439 | 4,475 |
| 75 | 70 | Interstate Distributor Co.
|
370,168 | - | 2,000 | 1,805 | 3,900 |
| 76 | 70 | Roehl Transport
|
355,323 | - | 2,485 | 1,995 | 4,898 |
| 77 | 96 | Central Freight Lines
|
347,800 | - | 1,127 | 7,852 | |
| 78 | 79 | A. Duie Pyle
|
346,000 | - | 2,800 | 945 | 2,225 |
| 79 | 78 | Black Horse Carriers
|
337,500 | - | 2,625 | 1,520 | 3,000 |
| 80 | 74 | Maverick USA
|
334,953 | - | 2,119 | 1,675 | 2,453 |
| 81 | 71 | Epes Carriers Inc.
|
332,073 | 24,333 | 1,535 | 1,202 | |
| 82 | 75 | Dicom Transportation Group
|
320,700 | - | |||
| 83 | 74 | Cassens Transport
|
317,557 | - | 1,419 | 1,364 | 1,364 |
| 84 | 80 | IMC Logistics
|
293,000 | - | 1,875 | 1,515 | 91 |
| 85 | 76 | Koch Cos.
|
280,000 | - | 1,150 | 1,001 | 5,250 |
| 86 | Dependable Supply Chain Services
|
278,000 | - | 321 | 1,220 | ||
| 87 | 91 | Transport Investments
|
276,000 | - | 200 | 1,150 | 2,100 |
| 88 | TransAm Trucking
|
270,000 | - | 1,144 | 1,818 | ||
| 89 | 82 | Challenger Motor Freight
|
258,006 | - | |||
| 90 | 83 | Trans-System
|
252,500 | - | 1,100 | 1,021 | 1,600 |
| 91 | 84 | Foodliner/Quest Liner
|
252,275 | - | 1,261 | 1,173 | 2,185 |
| 92 | Hirschbach Motor Lines
|
251,697 | - | 646 | 1,010 | ||
| 93 | United Vision Logistics
|
245,000 | - | 1,003 | 1,347 | ||
| 94 | Salmon Cos.
|
241,796 | - | 713 | 1,092 | ||
| 95 | 79 | Comcar Industries
|
240,054 | - | 1,592 | 4,660 | |
| 96 | 86 | John Christner Trucking
|
239,015 | 14,998 | 232 | 844 | 1,060 |
| 97 | 89 | Martin Transportation Systems
|
237,500 | - | 1,637 | 1,130 | 2,200 |
| 98 | 81 | Paschall Truck Lines
|
237,311 | - | 1,872 | 1,303 | 3,101 |
| 99 | 87 | Superior Bulk Logistics
|
233,900 | 5,200 | 1,392 | 1,300 | 2,100 |
| 100 | 94 | Quantix Supply Chain Solutions
|
229,258 | - | 1,100 | 900 | 1,200 |
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.
* Tractor count includes company-owned, lease-to-own and owner-operator tractors.
On the Bubble
Yellow’s Terminals: Analysts Expect More Bids
Analysts are expecting more players to take part in an upcoming auction for the 169 terminals owned by Yellow Corp. beyond those who already have raised their hands.
Yellow’s Shutdown Opens Up LTL Market for Competitors
The Yellow Corp. shutdown is having a downstream effect on the less-than-truckload space as freight volumes flow toward competitors.
Private Equity Firm H.I.G. Buys 3PL Ascent Global Logistics
A unit of H.I.G. Capital is to acquire third-party logistics provider Ascent Global Logistics for an undisclosed sum, the Miami-based private equity group said Aug. 22.
UPS Workers Approve New Union Contract
The 340,000 employees of UPS Inc. represented by the International Brotherhood of Teamsters have approved a new five-year labor pact with the company.
Estes Offers $1.3 Billion for Yellow Terminals
Estes Express Lines is in line to buy the terminals of bankrupt less-than-truckload rival Yellow Corp. after submitting a $1.3 billion bid, a court heard Aug. 17.
Citadel Acquires Yellow Debt Owned by Apollo, Other Lenders
An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.
Yellow Looks to Finalize Bankruptcy Loan
Yellow Corp. continues to work with potential financiers, including Estes Express Lines, who are offering more affordable alternative bankruptcy financing for the LTL trucking company.
Forward Air Plans Merger With Omni Logistics
Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction.
Trucking Industry Reports Predictably Weak Q2
The trucking industry reported a weak second quarter with freight volumes and destocking efforts putting downward pressure on demand.
Yellow Might Get Loan From Fellow Trucking Fleet to Pay Debts
Yellow Corp. has sparked a bidding war between investment firms and a rival trucking company interested in funding the now-shuttered company’s liquidation.
August 9, 2023-
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