2016 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in the U.S. and Canada
Up Front
Learn how to be included in the 2017 Top 100 For-Hire Carriers listing.
Find out where the carriers are by regions in North America.
TT’s Dan Bearth hosted a livestream panel discussion on the disruptive influences affecting trucking.
Rankings
Rank Company Revenue (000)
1 Prime Inc. 1,627,899
2 C.R. England 1,397,626
3 KLLM Transport Services 910,000
4 Stevens Transport 671,110
5 Marten Transport 398,361
6 Swift Refrigerated 380,251
7 John Christner Trucking 244,718
8 Shaffer Trucking 207,000
est
9 May Trucking Co. 200,619
10 Covenant Logistics Group 195,545
11 Navajo Express Inc. 175,000
12 CanXpress 150,343
13 Black Horse Carriers 135,000
14 J&R Schugel Trucking 122,000
est
15 MCT Transportation 111,506
16 WEL Cos. 109,000
17 National Carriers 105,000
18 Freymiller Inc. 93,000
est
19 Day & Ross 72,513
20 Bay and Bay Transportation 70,269
21 Continental Express 69,000
est
22 Celadon Group Inc. 56,518
23 Forward Air 42,373
24 Interstate Distributor Co. 39,000
25 Roehl Refrigerated Transport 35,928
26 TWT Refrigerated 33,075
27 Koch Cos. 30,000
28 Maverick USA 29,277
29 CRST The Transportation Solution 28,873
Extras
North America’s for-hire carriers face an onslaught of regulations and potential disruption from technologies.
102

On the Bubble

Ward Transport & Logistics Corp. is a less-than-truckload carrier based in Altoona, Pennsylvania.
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For-Hire News
Business, Logistics, For-Hire

Werner Enterprises Reports Earnings Drop on Steady Revenue

Werner Enterprises experienced a year-over-year drop in earnings on a slight decrease in revenue during the third quarter, the company reported Nov. 1.

Connor D. Wolf | Staff Reporter
November 2, 2023
Business, Logistics, For-Hire

Forward Air Reports 82% Earnings Drop During Q3

Forward Air Corp. reported an 82.2% drop in earnings during the third quarter of 2023 as revenue declined amid a weak freight environment, the company reported Oct 30.

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

Jack Cooper Making $2 Billion Bid for Bankrupt Yellow

Jack Cooper Transport is reportedly making a nearly $2 billion bid to snatch up the assets of Yellow, the trucking firm that collapsed in late July and filed for bankruptcy.

Michael E. Kanell | The Atlanta Journal-Constitution
October 31, 2023
Business, Equipment, For-Hire

Court Approves Yellow Administrators’ Auction Plans

A court on Oct. 27 approved plans by the administrators of Yellow to use auctioneers to sell the company’s rolling stock, as Jack Cooper Transport eyes a bid to rescue the motor carrier.

Keiron Greenhalgh | Staff Reporter
October 30, 2023
Business, Technology, For-Hire

XPO Reports Revenue Increase Despite Tough Conditions

XPO posted an increase in revenue but a dip in profit during the third quarter amid a challenging freight environment, the company said Oct 30.

Connor D. Wolf | Staff Reporter
October 30, 2023
Business, Logistics, For-Hire

Universal Reports Revenue Decline Amid Q3 Headwinds

Universal Logistics Holdings experienced an overall decrease in revenue, with each segment facing year-over-year declines for the third quarter of 2023, the company reported Oct 26.

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

Ryder Reports Slight Revenue Decline for Q3

Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.

Connor D. Wolf | Staff Reporter
October 26, 2023
Business, Technology, Safety, For-Hire

Estes Express IT System Fully Restored, COO Says

Estes Express Lines’ information technology systems are “completely restored” after a cyberattack earlier in October, according to Chief Operating Officer Webb Estes.

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

UPS Reports Lower Earnings on Labor Deal Costs

UPS Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.

Thomas Black | Bloomberg News
October 26, 2023
Business, Logistics, For-Hire

TFI Third-Quarter Profit Dives 45.6% on Weak Freight Market

TFI International profits in the third quarter slumped 45.6% year-over-year, with the Canadian company primarily citing weaker market conditions, especially in the truckload market.

Keiron Greenhalgh | Staff Reporter
October 24, 2023
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