2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
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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 | - |
About the Rankings...
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.
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.
110
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 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, Logistics, For-Hire, Top 100
ODFL Reports Profit, Revenue Records for Second Quarter
Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.
Connor D. Wolf | Staff Reporter
July 27, 2022Business, Equipment, Logistics, For-Hire
Used Class 8 Prices Continue Slide in June, but Remain High
The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.
Roger Gilroy | Senior Reporter
July 27, 2022Business, Logistics, For-Hire
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
Dan Ronan | Senior Reporter
July 26, 2022Business, For-Hire
Covenant Logistics Reaches $317M Revenue by Overcoming Q2 Headwinds
Covenant Logistics Group Inc. reported second-quarter revenue and earnings growth July 25, despite market headwinds.
Connor D. Wolf | Staff Reporter
July 26, 2022Business, Technology, Autonomous, For-Hire
10 Roads Express Launches Autonomous Route Using Kodiak Tech
The 10 Roads Express company launched an autonomous truck route in partnership with Kodiak Robotics, a driverless trucking company, they announced July 26.
Connor D. Wolf | Staff Reporter
July 26, 2022Business, For-Hire
FedEx Reduces US Sunday Deliveries in Some Rural Areas
FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.
Thomas Black | Bloomberg News
July 22, 2022Business, Logistics, For-Hire, Top 100
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
Connor D. Wolf | Staff Reporter
July 21, 2022Business, Technology, Logistics, For-Hire
J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
Connor D. Wolf | Staff Reporter
July 20, 2022Business, Logistics, For-Hire
J.B. Hunt Reports Q2 Revenue Jump to $3.84 Billion
J.B. Hunt Transport Services Inc. on July 19 posted earnings and revenue growth for the second quarter that was driven by strong segment results.
Connor D. Wolf | Staff Reporter
July 20, 2022Business, Logistics, For-Hire, Top 100
Marten Reports Record-Breaking Results for Q2
Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.
Connor D. Wolf | Staff Reporter
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