| 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
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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