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 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 -
Extras
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
104

On the Bubble

Cassens Transport Co. ($251 million), is a motor vehicle hauling carrier based in Edwardsville, Ill.
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, Equipment, For-Hire

Forward Air Reports Revenue and Earnings Decline for Q1

Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Technology, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Equipment, For-Hire, TCA

Penske to Acquire Michigan-Based Star Truck Rentals

Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.

Daniel Urie | Pennlive.com
May 1, 2023
Business, Logistics, For-Hire

Hub Group Reports Revenue and Earnings Decline for Q1

Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, For-Hire

Universal Logistics Reports Weaker Q1 Amid Softening Market

Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, For-Hire

Landstar Reports Revenue and Earnings Decline for Q1

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.

Connor D. Wolf | Staff Reporter
April 27, 2023
Business, Equipment, Logistics, For-Hire

Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices

Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Business, Equipment, For-Hire

Wabash Q1 Profit Jumps as Sales, Order Backlog Soar

Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Business, Logistics, For-Hire

TFI Reports Lower Income, Revenue

TFI International profits slid year-over-year in the three months ending March 31, with its top executive saying April 26 that conditions in the quarter were tougher than expected.

Keiron Greenhalgh | Staff Reporter
April 26, 2023
Business, Logistics, For-Hire

UPS Reports Lower Earnings as Consumer Spending Slows

UPS Inc. reported first-quarter earnings that were lower than those the Atlanta-based company posted in the same period in 2022 and were mixed when it came to Wall Street expectations.

Dan Ronan | Senior Reporter
April 25, 2023
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