2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
| Rank This Year | Rank Last Year | Company | Revenue (000) | Net Income (000) | Employees | Tractors* | Trailers |
|---|---|---|---|---|---|---|---|
| 1 | 1 | UPS Inc.
|
74,094,000 | 4,440,000 | 495,000 | 19,851 | 107,542 |
| 2 | 2 | FedEx Corp.
|
68,869,000 | 2,359,000 | 475,000 | 29,813 | 113,218 |
| 3 | 3 | XPO
|
16,648,000 | 379,000 | 100,000 | 15,500 | 40,000 |
| 4 | 4 | J.B. Hunt Transport Services
|
9,165,258 | 516,000 | 29,106 | 17,972 | 35,093 |
| 5 | 7 | Schneider
|
5,000,000 | 147,000 | 15,650 | 9,000 | 35,100 |
| 6 | 6 | Yellow Corp.
|
4,871,200 | -104,000 | 30,000 | 14,100 | 43,700 |
| 7 | 5 | Knight-Swift Transportation Holdings
|
4,843,950 | 310,178 | 23,800 | 19,520 | 58,315 |
| 8 | 9 | Old Dominion Freight Line
|
4,109,111 | 615,518 | 21,159 | 9,296 | 37,539 |
| 9 | 8 | Landstar System
|
4,084,577 | 227,720 | 1,333 | 10,243 | 17,067 |
| 10 | 11 | Ryder System
|
3,968,754 | 226,209 | |||
| 11 | 10 | TFI International
|
3,903,828 | 233,891 | 16,700 | 15,844 | 25,505 |
| 12 | 12 | Hub Group
|
3,668,117 | 107,171 | 5,000 | 3,900 | 4,920 |
| 13 | 13 | Estes Express Lines
|
3,260,000 | - | 19,000 | 7,485 | 38,617 |
| 14 | 14 | ArcBest
|
2,988,310 | 39,985 | 13,000 | 4,137 | 23,639 |
| 15 | 16 | Penske Logistics
|
2,600,000 | - | 19,475 | 4,634 | 17,626 |
| 16 | 15 | Werner Enterprises
|
2,463,701 | 166,944 | 12,736 | 8,033 | 24,145 |
| 17 | 18 | Prime Inc.
|
2,288,397 | 307,504 | 4,900 | 7,416 | 14,116 |
| 18 | 19 | NFI
|
2,140,000 | - | 12,600 | 4,550 | 12,500 |
| 19 | 23 | R+L Carriers
|
1,972,000 | - | |||
| 20 | 17 | Roadrunner Freight
|
1,847,862 | -340,937 | 3,600 | ||
| 21 | 25 | Saia Inc.
|
1,786,735 | 113,719 | 10,400 | 4,779 | 16,376 |
| 22 | 27 | Kenan Advantage Group
|
1,758,645 | - | 9,400 | 6,977 | 11,225 |
| 23 | 21 | Daseke Inc. (TFI)
|
1,737,000 | -307,400 | 5,946 | 2,334 | |
| 24 | 20 | U.S. Xpress Enterprises
|
1,707,361 | -3,043 | 8,572 | 6,900 | 15,500 |
| 25 | 24 | CRST The Transportation Solution
|
1,559,000 | - | 6,778 | 5,808 | 14,513 |
| 26 | 26 | C.R. England
|
1,545,199 | - | 8,153 | 4,309 | 6,604 |
| 27 | 28 | Universal Logistics Holdings
|
1,511,998 | 37,586 | 6,541 | 5,343 | 4,428 |
| 28 | 22 | UniGroup
|
1,500,000 | - | |||
| 29 | 31 | Forward Air
|
1,410,395 | 87,099 | 5,652 | 1,353 | 7,178 |
| 30 | 29 | Sirva
|
1,400,000 | - | |||
| 31 | 30 | Southeastern Freight Lines
|
1,384,438 | - | 8,839 | 3,385 | 10,666 |
| 32 | 32 | Averitt Express
|
1,319,000 | - | 9,007 | 5,319 | 14,905 |
| 33 | 33 | Anderson Trucking Service
|
1,274,459 | - | 2,294 | 2,780 | 7,209 |
| 34 | 34 | Evans Delivery
|
1,240,000 | - | 430 | 6,200 | 550 |
| 35 | 35 | Crete Carrier Corp.
|
1,200,000 | - | 6,500 | ||
| 36 | 36 | Purolator
|
1,166,279 | - | 11,000 | 465 | 1,329 |
| 37 | 46 | Day & Ross
|
1,130,700 | - | 5,000 | 4,000 | 8,000 |
| 38 | 45 | Quality Carriers
|
1,090,684 | - | |||
| 39 | 37 | Lynden
|
1,075,000 | - | 3,039 | 998 | 2,679 |
| 40 | 39 | Ruan
|
1,002,045 | - | 5,900 | 3,704 | 9,661 |
| 41 | 40 | KLLM Transport Services
|
936,000 | - | 3,600 | 5,400 | |
| 42 | 41 | Atlas World Group
|
906,400 | 96,000 | 754 | 1,228 | 3,864 |
| 43 | 42 | Covenant Logistics Group
|
894,528 | 8,477 | 5,550 | 3,021 | 6,739 |
| 44 | 44 | Central Transport International
|
856,000 | - | |||
| 45 | 43 | Pitt Ohio
|
855,982 | - | 5,680 | 2,055 | 5,836 |
| 46 | 48 | Marten Transport
|
843,271 | 61,071 | 4,087 | 3,212 | 5,464 |
| 47 | 47 | Cardinal Logistics
|
805,000 | - | 4,220 | 3,055 | 8,700 |
| 48 | 49 | PS Logistics
|
747,339 | - | 3,664 | ||
| 49 | 51 | Stevens Transport
|
737,294 | 85,210 | 2,750 | 1,950 | 3,290 |
| 50 | 50 | AAA Cooper Transportation
|
718,000 | - | 5,000 | 2,552 | 6,958 |
| 51 | 54 | United Road Services
|
713,000 | - | 1,837 | 2,368 | 1,200 |
| 52 | 52 | Western Express
|
683,535 | - | 3,250 | 3,050 | 8,080 |
| 53 | 54 | Dayton Freight Lines
|
679,000 | - | 4,949 | 1,955 | 4,600 |
| 54 | 53 | Mullen Group
|
664,550 | - | 3,768 | 1,978 | 5,139 |
| 55 | 56 | Bennett Family of Cos.
|
650,846 | - | 1,029 | 1,810 | 2,186 |
| 56 | 62 | Bison Transport
|
633,817 | - | 3,688 | 2,185 | 5,711 |
| 57 | 61 | OnTrac Inc.
|
618,000 | - | |||
| 58 | 66 | Trimac Transportation
|
610,000 | - | 3,000 | 2,120 | 3,400 |
| 59 | 59 | Suddath
|
600,000 | - | 2,200 | ||
| 60 | 57 | Heartland Express
|
596,815 | 72,967 | 4,050 | 2,630 | 8,000 |
| 61 | 69 | Black Horse Carriers
|
561,000 | - | 4,040 | 1,958 | 4,500 |
| 62 | 73 | Hirschbach Motor Lines
|
550,530 | - | 1,141 | 1,887 | 3,503 |
| 63 | 58 | Mercer Transportation
|
543,651 | - | 301 | 2,383 | 2,600 |
| 64 | 67 | Canada Cartage
|
535,800 | 5,800 | 3,269 | 2,736 | 3,019 |
| 65 | 63 | Cowan Systems
|
533,012 | - | 2,397 | 2,279 | 6,782 |
| 66 | 70 | Two Men and a Truck Movers
|
524,929 | - | 11,396 | ||
| 67 | 64 | USA Truck
|
522,631 | -4,698 | 2,098 | 1,990 | 6,092 |
| 68 | 65 | P.A.M. Transport
|
514,177 | 7,900 | 2,666 | 2,130 | 7,081 |
| 69 | 60 | Jack Cooper Holdings
|
507,000 | - | 3,753 | ||
| 70 | 75 | A. Duie Pyle
|
491,100 | - | 3,281 | 1,209 | 2,285 |
| 71 | 74 | LaserShip Inc./OnTrac Inc.
|
452,000 | - | |||
| 72 | 72 | TMC Transportation
|
450,000 | - | |||
| 73 | 76 | Roehl Transport
|
438,659 | - | 2,702 | 2,040 | 5,481 |
| 74 | 68 | Dart Transit Co.
|
424,000 | - | 2,362 | ||
| 75 | 71 | 10 Roads Express
|
390,445 | - | |||
| 76 | 77 | Maverick USA
|
389,182 | - | 2,125 | 1,582 | 2,582 |
| 77 | 78 | Transport Investments
|
384,719 | - | 200 | ||
| 78 | 79 | Mesilla Valley Transportation
|
383,950 | - | 1,662 | ||
| 79 | 83 | Koch Cos.
|
351,081 | - | 1,224 | 1,164 | 5,540 |
| 80 | 80 | IMC Logistics
|
347,395 | - | 2,012 | ||
| 81 | 81 | Red Classic
|
342,100 | - | 1,275 | 577 | 2,918 |
| 82 | Salmon Cos.
|
341,073 | - | 824 | 1,104 | ||
| 83 | 89 | John Christner Trucking
|
338,873 | - | 207 | 839 | 1,244 |
| 84 | 95 | Challenger Motor Freight
|
335,000 | - | 1,200 | 1,570 | 3,550 |
| 85 | 82 | Foodliner/Quest Liner
|
334,103 | - | 1,315 | 1,317 | 2,340 |
| 86 | 86 | RoadOne IntermodaLogistics
|
314,000 | - | 2,200 | 1,700 | 350 |
| 87 | 85 | Melton Truck Lines
|
305,717 | - | 1,868 | 1,457 | 2,407 |
| 88 | Fastfrate Group
|
301,520 | - | 1,530 | 1,116 | 1,350 | |
| 89 | 86 | ContainerPort Group
|
300,000 | - | 400 | ||
| 90 | Dupré Logistics
|
297,582 | - | 1,313 | 750 | 1,471 | |
| 91 | 84 | TransAm Trucking
|
297,000 | - | |||
| 92 | 90 | Heniff Transportation Systems
|
293,000 | - | |||
| 93 | 86 | Trans-System
|
290,000 | - | 1,051 | 1,026 | 1,849 |
| 94 | 93 | Hansen & Adkins Auto Transport
|
283,137 | 6,622 | 955 | 1,224 | 945 |
| 95 | 97 | Martin Transportation Systems
|
276,978 | - | 2,357 | 1,264 | 2,417 |
| 96 | 95 | Quantix Supply Chain Solutions
|
276,000 | - | 1,100 | ||
| 97 | FFE Transportation Services
|
275,000 | - | 1,511 | 1,000 | 1,450 | |
| 98 | 98 | PGT Holdings
|
273,828 | - | 680 | 1,090 | 1,800 |
| 99 | Groendyke Transport
|
273,125 | - | ||||
| 100 | 99 | Superior Bulk Logistics
|
269,000 | - |
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
Fleets Turn to Remanned Parts to Reduce Operating Costs
The impact of a three-year freight recession and consistently rising costs is providing both opportunity and challenge for truck parts remanufacturers in the dubbed “reman” market.
Forward Air Probes Sale, Merger, Divestment Options
Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.
Atlas Acquires Canadian Customs Specialist Orbit Brokers
Atlas Canada acquired Mississauga, Ontario-based customs brokerage Orbit Brokers for an undisclosed sum, the Atlas World Group unit said.
Pitt Ohio Buys LTL Carrier Sutton Transport
Pittsburgh-based Pitt Ohio plans to merge Midwest-focused Sutton with its existing Dohrn Transfer LTL unit after an initial period of operating the two separately.
Why 2025 Could Be the Year of the Corporate Spinoff
Shares in companies that are spun off from existing firms tend to outperform the S&P 500 by an average of 10% over the subsequent 18-24 months, data compiled by Trivariate show.
Health Care Business Becomes $20 Billion Lifeline for UPS
UPS Inc. has been quietly building a health care empire to offset stagnating revenue in its core package delivery business.
FedEx Freight Spinoff Draws Positive Analyst Reactions
Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin off its LTL division into a separate, publicly traded company.
FedEx Details Planned Changes During Q2 2025 Earnings
The Memphis, Tenn.-based transportation services company on Dec. 19 reported net income of $740 million, or $3.03 a diluted share, for the three months ending Nov. 30.
FedEx Freight Spinoff to Create Largest LTL Carrier
FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process.
Yellow, Pension Funds' Claims Battle to Extend Through Q1
Oral arguments on dispositive motions related to the claims by 11 pension funds are now set to take place at a Jan. 28 hearing at the Delaware Bankruptcy Court.
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